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Daily Archives: March 15, 2025

India Tops Medal Tally at World Para Athletics Grand Prix 2025 in New Delhi

India Tops Medal Tally at World Para Athletics Grand Prix 2025 in New Delhi

India finished on top of the medal tally at the World Para Athletics Grand Prix 2025 held in New Delhi, winning a total of 134 medals, including 45 gold, 40 silver, and 49 bronze. This event marked India’s first time hosting an international para-athletics event, which will now be an annual event till 2028. India’s …

Valueattics Reinsurance Becomes India's First Private Reinsurer, Ending GIC Re's Monopoly

Valueattics Reinsurance Becomes India’s First Private Reinsurer, Ending GIC Re’s Monopoly

In a historic move, the Insurance Regulatory and Development Authority of India (IRDAI) granted Valueattics Reinsurance, backed by Prem Watsa and Kamesh Goyal, the first private reinsurance license in India. This development marks a significant step towards fostering competition in the reinsurance sector, ending GIC Re’s monopoly that has existed since 1972. The approval was …

LIC, New India Assurance, GIC Re Retain D-SIIs Status for 2024-25

LIC, New India Assurance, GIC Re Retain D-SIIs Status for 2024-25

The Insurance Regulatory and Development Authority of India (IRDAI) has once again designated Life Insurance Corporation of India (LIC), The New India Assurance Company, and General Insurance Corporation of India (GIC Re) as Domestic Systemically Important Insurers (D-SIIs) for the year 2024-25. These insurers are considered critical to the stability of the Indian financial system …

UN Chief Announces 'UN80 Initiative' to Boost Efficiencies Amid Uncertainty

UN Chief Announces ‘UN80 Initiative’ to Boost Efficiencies Amid Uncertainty

In response to the growing financial crisis and global uncertainty, UN Secretary-General Antonio Guterres launched the ‘UN80 Initiative’ to improve efficiency and cost-effectiveness within the United Nations. This initiative aims to address the shrinking resources, streamline operations, and enhance the organization’s ability to deliver on its mandates effectively. Key Highlights Purpose of the Initiative To …

Empowering Women PRIs Leaders: Sashakt Panchayat-Netri Abhiyan & Model Women-Friendly Gram Panchayats

Empowering Women PRIs Leaders: Sashakt Panchayat-Netri Abhiyan & Model Women-Friendly Gram Panchayats

The Ministry of Panchayati Raj has launched two key initiatives — Sashakt Panchayat-Netri Abhiyan and Model Women-Friendly Gram Panchayats (MWFGP) — to promote gender-sensitive governance and empower Women Elected Representatives (WERs) in Panchayati Raj Institutions (PRIs). Key Highlights Sashakt Panchayat-Netri Abhiyan A nationwide capacity-building initiative for Women Elected Representatives (WERs) of PRIs. Objective: Strengthen leadership …

Six New Properties Added to India's UNESCO Tentative List

Six New Properties Added to India’s UNESCO Tentative List

India has recently added six new properties to its UNESCO Tentative List, bringing the total count of tentative sites in the country to 62. These sites, including Ashokan Edict Sites, Chausath Yogini Temples, and Kanger Valley National Park, were officially included in the list on March 7, 2024, as confirmed by the Permanent Delegation of …

India Successfully Tests Astra BVRAAM from LCA Tejas AF MK1 Prototype

India Successfully Tests Astra BVRAAM from LCA Tejas AF MK1 Prototype

India’s Aeronautical Development Agency (ADA) successfully conducted the test launch of the indigenous Astra Beyond Visual Range Air-to-Air Missile (BVRAAM) from the Light Combat Aircraft (LCA) Tejas AF MK1 prototype off the Chandipur coast in Odisha. The test demonstrated the missile’s accuracy and advanced capabilities, marking a major step toward strengthening India’s indigenous defense systems. …

RBI Wins Digital Transformation Award 2025 for Pravaah and Sarthi Initiatives

RBI Wins Digital Transformation Award 2025 for Pravaah and Sarthi Initiatives

The Reserve Bank of India (RBI) has been awarded the Digital Transformation Award 2025 by Central Banking, London, UK. This prestigious recognition is a testament to RBI’s successful implementation of its digital initiatives—Pravaah and Sarthi—which were developed in-house by its IT team. These digital advancements have significantly improved RBI’s internal workflow management and external regulatory …

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