HDFC Set to Join Ranks of World’s Most Valuable Banks Following Merger

June 30, 2023

In a historic milestone for India’s banking industry, homegrown company HDFC will soon be counted among the world’s most valuable banks. Following the completion of a merger with Housing Development Finance Corp., HDFC has secured the fourth position in terms of equity market capitalization. This achievement places HDFC in direct competition with leading American and …

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Amarnath Yatra 2023: Jammu-Kashmir LG Flags off First Batch of Pilgrims

June 30, 2023

The annual Amarnath Yatra 2023 commenced on Friday, June 30, as the Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, flagged off the first group of pilgrims. With over 3,400 devotees in the inaugural batch, the pilgrimage to the cave shrine of Lord Shiva in the southern Himalayas of Kashmir started with enthusiasm and under …

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Important Changes Regarding Liberalised Remittance Scheme (LRS) and Tax Collected at Source (TCS)

June 30, 2023

The Ministry of Finance has announced that the implementation of a new Tax Collected at Source (TCS) rule, which includes a higher rate of 20% on overseas remittances under the Liberalised Remittance Scheme (LRS), will be postponed by three months. The rule will now come into effect from October 1 instead of the previously scheduled …

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India, Israel to boost ties in agriculture

June 30, 2023

Introduction India and Israel are forging a robust partnership in the field of agriculture, focusing on advanced technological solutions. Through collaborative efforts, both countries aim to enhance agricultural productivity, conserve water resources and promote sustainable farming practices to convert 150 villages into model villages through Israeli technical support on key agri-technologies. High-Level Technological Cooperation Israeli …

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India’s Progress Recognized: Removed from UN Secretary-General’s Report on Impact of Armed Conflict on Children

June 30, 2023

India has been removed from the UN Secretary-General’s annual report on the impact of armed conflict on children, signaling the country’s improved measures to protect children. The decision by Secretary-General Antonio Guterres acknowledges India’s commitment to child protection and highlights the positive outcomes of its technical mission and a workshop on strengthening child protection. This …

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International Day of Parliamentarism 2023: Date, Theme, Significance and History

June 30, 2023

Every year, June 30th marks the celebration of the International Day of Parliamentarism, a day dedicated to commemorating the formation of the Inter-Parliamentary Union (IPU). The IPU was established with the noble objective of promoting democratic governance, fostering accountability, and encouraging collaboration among national parliaments. This year, the International Day of Parliamentarism will mark its …

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IPS officer Ajay Bhatnagar appoints as Special Director in the CBI

June 30, 2023

The Appointments Committee of the Cabinet (ACC) has approved the proposals of the Department of Personnel and Training (DoPT) for the appointments of these IPS officers in the Central Bureau of Investigation (CBI). Ajay Bhatnagar (IPS) has been appointed as Special Director in the Central Bureau of Investigation (CBI). Bhatnagar is a 1989-batch Indian Police …

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International Asteroid Day 2023: Date, Significance and History

June 30, 2023

In December 2016, the United Nations General Assembly passed a resolution (A/RES/71/90) establishing June 30th as International Asteroid Day. The purpose of this day is to annually commemorate the Tunguska impact that occurred in Siberia, Russian Federation, on June 30, 1908. Additionally, the day aims to raise public awareness about the potential hazards posed by …

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Micron, Gujarat govt ink deal to set up semiconductor plant

June 29, 2023

Introduction Micron Technology Inc, a US-based semiconductor manufacturer, has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a state-of-the-art semiconductor unit in Sanand, near Ahmedabad. The project, valued at Rs 22,500 crore, marks a significant milestone in India’s journey towards self-reliance in memory chip manufacturing. The MoU signing ceremony was …

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Canara Bank Offers UPI Payments Through RuPay Credit Cards

June 29, 2023

Introduction Canara Bank, in collaboration with the National Payments Corporation of India (NPCI), has announced that its customers can now utilize their RuPay Credit Cards on the Unified Payments Interface (UPI) platform. This joint initiative aims to provide safe, secure, and convenient payment transactions for Canara Bank customers. The introduction of RuPay Credit Cards on …

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Monthly Archives: June 2023

HDFC Set to Join Ranks of World’s Most Valuable Banks Following Merger

Amarnath Yatra 2023: Jammu-Kashmir LG Flags off First Batch of Pilgrims

Important Changes Regarding Liberalised Remittance Scheme (LRS) and Tax Collected at Source (TCS)

India, Israel to boost ties in agriculture

India’s Progress Recognized: Removed from UN Secretary-General’s Report on Impact of Armed Conflict on Children

International Day of Parliamentarism 2023: Date, Theme, Significance and History

IPS officer Ajay Bhatnagar appoints as Special Director in the CBI

International Asteroid Day 2023: Date, Significance and History

Micron, Gujarat govt ink deal to set up semiconductor plant

Canara Bank Offers UPI Payments Through RuPay Credit Cards

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