Home   »  

Monthly Archives: October 2024

Nobel in Economics 2024 Awarded to Acemoglu, Johnson, and Robinson

Nobel in Economics 2024 Awarded to Acemoglu, Johnson, and Robinson

2024 Nobel laureates in the economic sciences are Daron Acemoglu, Simon Johnson and James Robinson – have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better.  Details Winners Name Daron Acemoglu Simon …

IRFC Welcomes Manoj Kumar Dubey as New CMD and CEO

IRFC Welcomes Manoj Kumar Dubey as New CMD and CEO

On October 10, Manoj Kumar Dubey, a 1993-batch Indian Railway Accounts Service officer, was appointed as the Chairman and Managing Director (CMD) and Chief Executive Officer (CEO) of the Indian Railway Finance Corporation (IRFC). IRFC is a miniratna public sector enterprise under the Ministry of Railways. Details Professional Background Manoj Kumar Dubey previously served as …

Nicaragua Cuts Diplomatic Ties with Israel Amid Ongoing Conflict

Nicaragua Cuts Diplomatic Ties with Israel Amid Ongoing Conflict

Nicaragua has officially severed diplomatic relations with Israel, a move announced by Vice President Rosario Murillo following a congressional resolution. This decision aligns with Nicaragua’s leftist government, led by President Daniel Ortega, which has condemned Israel’s actions in the ongoing Gaza conflict and labeled its government as “fascist and genocidal.” While the announcement is largely …

Indranand Singh Jha, Akashvani Darbhanga Radio Presenter, Dies at 77

Indranand Singh Jha, Akashvani Darbhanga Radio Presenter, Dies at 77

Indranand Singh Jha, a celebrated former radio presenter and compere of Akashvani Darbhanga, passed away at the age of 77 in his ancestral village, Chanaur, Darbhanga. Known affectionately as Khur Khur Bhai , Jha gained immense popularity for his rural radio talk program Gamghar, which resonated with listeners throughout his career. His distinctive voice and …

Significant Income Rise for Rural Households NABARD Reports 57.6% Increase

Significant Income Rise for Rural Households NABARD Reports 57.6% Increase

A recent survey by the National Bank for Agriculture and Rural Development (NABARD) highlights a remarkable increase in the average monthly income of rural households, which rose by 57.6% over the past five years. The second ‘All India Rural Financial Inclusion Survey (NAFIS) 2021-22’ reports that the average monthly income grew from ₹8,059 in 2016-17 …

Noel Tata a New Leader of Tata Group's Charitable Efforts

Noel Tata a New Leader of Tata Group’s Charitable Efforts

The Tata Trusts, holding a significant 66% ownership of Tata Sons, wields immense influence over the strategic, investment, and philanthropic directions of one of India’s largest conglomerates. Recently, Noel Tata was appointed chairman of this philanthropic arm, following the death of his half-brother, Ratan Tata.  This transition not only marks a pivotal moment for the …

PM GatiShakti: Three Years of Infrastructure Transformation

PM GatiShakti: Three Years of Infrastructure Transformation

The PM GatiShakti National Master Plan, launched on October 13, 2021, by Prime Minister Narendra Modi, marks three years of transformative achievements in India’s infrastructure landscape. The initiative has significantly improved project execution by integrating data from over 44 central ministries and 36 states and union territories, leading to reduced logistics costs and enhanced service …

HAL Becomes 14th Maharatna Company

HAL Becomes 14th Maharatna Company

Hindustan Aeronautics Limited (HAL) has been upgraded to the status of Maharatna, making it the 14th Central Public Sector Enterprise (CPSE) to receive this prestigious classification from the Government of India. This announcement, made on October 12, enhances HAL’s operational autonomy and financial capabilities, allowing it to invest up to 15% of its net worth …