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Daily Archives: December 14, 2023

Defence Ministry Approves Rs 2800 Crore Rockets for Pinaka Weapon System

Defence Ministry Approves Rs 2800 Crore Rockets for Pinaka Weapon System

In a significant development, the Indian Defence Ministry has greenlit a proposal with Rs.2,800 crore to bolster the Indian Army’s artillery capabilities. The plan involves acquiring approximately 6,400 rockets designed for the Pinaka multi-barrel rocket launcher systems. The recent approval by the Defence Acquisition Council underscores the nation’s commitment to fortifying its military prowess. Pinaka, …

Telangana Introduces Free Bus Travel For Women And Transgender Individuals

Telangana Introduces Free Bus Travel For Women And Transgender Individuals

  The government of Telangana, under the leadership of Chief Minister Revanth Reddy, has recently launched the ‘Maha Lakshmi Scheme.’ This initiative, announced by the Congress party in its Manifesto for Telangana, aims to provide free travel for women, girls, and transgender persons within the state. The scheme, effective from December 9, 2023, encompasses various …

Emmy-Winning Actor Andre Braugher Passes Away at 61

Emmy-Winning Actor Andre Braugher Passes Away at 61

Emmy-winning actor Andre Braugher, renowned for his notable roles in series such as “Homicide: Life on The Street” and “Brooklyn Nine-Nine,” has sadly passed away at the age of 61. His publicist, Jennifer Allen, confirmed the news, citing a brief illness as the cause. Born in Chicago, Braugher gained widespread recognition with his breakthrough role …

Air India Unveils New Uniforms for Cabin, Cockpit Crew Designed by Manish Malhotra

Air India Unveils New Uniforms for Cabin, Cockpit Crew Designed by Fashion Designer Manish Malhotra

Air India, the national carrier, recently revealed its revamped uniforms for cabin crew and pilots, designed by renowned fashion designer Manish Malhotra. The grand unveiling took place on December 12, adding a touch of glamour and sophistication to the airline’s image. Cabin Crew Elegance The female cabin crew will sport ready-to-wear ombre sarees, skillfully crafted …

IMF Approves $337 Million Second Tranche Loan For Sri Lanka

IMF Approves $337 Million Second Tranche Loan For Sri Lanka

The International Monetary Fund (IMF) has approved the release of the second tranche, amounting to approximately $337 million, under the Extended Fund Facility (EFF) to Sri Lanka. This financial support is a crucial component of Sri Lanka’s recovery plan, aimed at overcoming the economic challenges resulting from a historic financial crash in the previous year. …

Moody's Affirms Reliance Industries' Baa2 Rating with a Stable Outlook

Moody’s Affirms Reliance Industries’ Baa2 Rating with a Stable Outlook

Introduction: Global rating agency Moody’s Investors Service has recently reaffirmed the Baa2 rating for Reliance Industries Limited (RIL), maintaining a stable outlook. This affirmation reflects RIL’s substantial market presence and strong performance across its diverse business sectors. Key Highlights Consolidated EBITDA Growth: Moody’s projects a significant growth in RIL’s consolidated EBITDA, estimating a 14% increase …

RBI Grants Authorization to Bandhan Bank for Pension Disbursement to Retired Railway Employees

RBI Grants Authorization to Bandhan Bank for Pension Disbursement to Retired Railway Employees

Bandhan Bank recently announced its official authorization by the Reserve Bank of India (RBI) to facilitate pension disbursement through e-Pension Payment Orders (e-PPOs) on behalf of the Ministry of Railways. The bank is in the process of integrating with the Ministry of Railways to streamline and operationalize the pension disbursement process. Scope of Authorization Bandhan …

Arvind Kejriwal and Punjab CM Mann Initiate Scheme For Doorstep Services

Arvind Kejriwal and Punjab CM Mann Initiate Scheme For Doorstep Services

  Punjab Chief Minister Bhagwant Mann and AAP national convenor Arvind Kejriwal recently launched the “Bhagwant Mann Sarkar, Tuhade Dwaar” scheme in Ludhiana, marking a historic day for the state. This initiative, inspired by the successful Delhi Model, aims to revolutionize governance by providing doorstep delivery of essential services. Mobile Sahayaks: The Face of Doorstep …

Uttar Pradesh to Witness Aviation Boom: Nine New Airports in Two Years, Reveals Aviation Minister

Uttar Pradesh to Witness Aviation Boom: Nine New Airports in Two Years, Reveals Aviation Minister

Union Civil Aviation Minister Jyotiraditya Scindia recently unveiled ambitious plans for Uttar Pradesh’s aviation infrastructure. The Modi government, displaying a strong commitment to the civil aviation sector, is set to construct nine new airports in the state within the next two years. This initiative will propel the total number of airports in Uttar Pradesh to …

COP28 Concludes with Historic Agreement on Fossil Fuels

COP28 Concludes with Historic Agreement on Fossil Fuels

The 28th Conference of Parties (COP28) to the United Nations Framework Convention on Climate Change concluded with a groundbreaking decision – the “UAE Consensus” – marking a historic step towards addressing the climate crisis. However, the agreement has stirred debates due to perceived discrepancies between words and actions and a lack of financial commitments. Addressing …