June 27, 2024 -

Mindspace Becomes First Indian REIT to Issue Sustainability-Linked Bonds

June 27, 2024

Mindspace Business Parks REIT, the owner and developer of quality Grade A office portfolio, has announced its ₹650 crore Sustainability Linked Bond issuance placed with the International Finance Corporation (IFC). The coupon of the bond is linked to Mindspace’s commitment to achieve certain ESG targets towards building a greener eco-system. Sponsored by the K Raheja …

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Tata Sons to Build ₹650 Crore ‘Museum of Temples’ in Ayodhya

June 27, 2024

The Uttar Pradesh Cabinet approved Tata Sons’ proposal to build a ‘museum of temples’ in Ayodhya, a project worth Rs 650 crore to be funded through Tata’s corporate social responsibility fund. Additionally, the state cabinet has also sanctioned Rs 100 crore for further development works in Ayodhya and endorsed the initiation of helicopter services in …

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Arundhati Roy Honored with Prestigious Pen Pinter Prize 2024

June 27, 2024

In a significant recognition of her literary contributions, Booker Prize-winning author Arundhati Roy has been awarded the esteemed Pen Pinter Prize for 2024. This honour comes at a time when Roy faces potential legal challenges, highlighting the importance of her work and the ongoing struggle for freedom of expression. The Pen Pinter Prize: A Symbol …

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NASA, SpaceX Launches Game-Changing Weather Satellite GOES-U

June 27, 2024

SpaceX has launched NASA’s final satellite for the NOAA program, enhancing continuous weather monitoring across the Western Hemisphere. This launch improves the US ability to monitor solar flares from eight-hour intervals to every 30 minutes. Launch and Deployment of GOES-U GOES-U lifted off from NASA’s Kennedy Space Center in Florida aboard a SpaceX Falcon Heavy …

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Major Coal Producing District in Uttar Pradesh

June 27, 2024

Coal is a sedimentary deposit composed predominantly of carbon that is readily combustible. Coal is black or brownish-black, and has a composition that (including inherent moisture) consists of more than 50 percent by weight and more than 70 percent by volume of carbonaceous material. It is formed from plant remains that have been compacted, hardened, chemically altered, …

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RBI Reports Decline in Short-Term Debt's Share of India's External Debt

India’s External Debt Reaches $663.8 Billion by End-March 2024

June 27, 2024

India’s external debt increased by $39.7 billion to $663.8 billion at end-March 2024, according to the Reserve Bank of India (RBI). Despite the rise, the external debt to GDP ratio fell to 18.7% from 19.0% at end-March 2023. Excluding the valuation effect caused by the appreciation of the US dollar against the Indian rupee and …

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Government Employees to Receive Extended Maternity and Child Care Leave for Surrogacy

June 27, 2024

In a significant amendment to the Central Civil Services (Leave) Rules, 1972, commissioning mothers opting for surrogacy will now be entitled to 180 days of maternity leave. This revision extends childcare leave to commissioning mothers with fewer than two surviving children, marking a departure from the previous 50-year-old regulation. Commissioning fathers are also granted 15 …

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Mark Rutte Appointed as Next Secretary General of NATO

June 27, 2024

In a significant development for global security, NATO (North Atlantic Treaty Organization) has announced the appointment of Mark Rutte, the outgoing Dutch Prime Minister, as its next Secretary General. This decision marks an important milestone for the 75-year-old alliance as it faces critical challenges in the coming years. Who is Mark Rutte? Background and Experience …

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Paraguay Joins International Solar Alliance as 100th Member

June 27, 2024

Paraguay has officially become the 100th full member of the International Solar Alliance (ISA), marking a significant milestone in global solar energy cooperation. The Ambassador of Paraguay, H.E. Mr. Fleming Raul Duarte, handed over the Instrument of Ratification during a meeting in New Delhi with Shri Abhishek Singh, Joint Secretary (ED & MER) and Head …

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Aksha Mohit Kamboj Appointed Vice President of India Bullion Jewellers Association

June 27, 2024

Mrs. Aksha Mohit Kamboj has been appointed as the Vice President of the India Bullion Jewellers Association (IBJA), effective from June 22, 2024. This historic appointment marks her as the first woman to hold this prestigious position in the gold and jewellery sector. Mrs. Kamboj, known for her leadership as Executive Chairperson of Aspect Global …

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Daily Archives: June 27, 2024

Mindspace Becomes First Indian REIT to Issue Sustainability-Linked Bonds

Tata Sons to Build ₹650 Crore ‘Museum of Temples’ in Ayodhya

Arundhati Roy Honored with Prestigious Pen Pinter Prize 2024

NASA, SpaceX Launches Game-Changing Weather Satellite GOES-U

Major Coal Producing District in Uttar Pradesh

India’s External Debt Reaches $663.8 Billion by End-March 2024

Government Employees to Receive Extended Maternity and Child Care Leave for Surrogacy

Mark Rutte Appointed as Next Secretary General of NATO

Paraguay Joins International Solar Alliance as 100th Member

Aksha Mohit Kamboj Appointed Vice President of India Bullion Jewellers Association

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