“Infrastructure A Key To Border Preparedness…”EAM Jaishankar On Security At India-China Border

Highlighting how the border Infrastructure holds the key to any nation’s preparedness, External Affairs Minister S Jaishankar once again underscored how security at the borders including at the India-China border is closely linked with the infrastructure developed in the area. “We have focused on the rapid development of infrastructure along Northern Borders with China for obvious strategic reasons. We have focused on rapidly developing border connectivity with our friendly neighbours to enhance trade, energy and other people-to-people exchanges.” Jaishankar says The key focus of the Modi government since coming to…

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Review OF RBI’s Monetary Policy Through Experts’ Lense

The Monetary Policy Committee (MPC) of the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent. The RBI governor Shaktikanta Das, making the announcement of the just concluded three-day monetary policy committee meeting, said the committee was of the view that further calibrated monetary policy action is warranted to keep inflation expectations anchored, break the persistence of core inflation, and strengthen the medium-term growth prospects. Also, the Reserve Bank of India (RBI)…

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WhatsApp Introduces New Status Features

The current feature allows WhatsApp quick status update that disappears in 24 hours. An interaction through photos, videos, GIFs, text and more with an end-to-end encryption that is private and secure. Good news for the WhatsApp savvy people as the instant messenger is all set to add new features for status updates. The current features allow users to post a quick WhatsApp status update that disappears in 24 hours. It also enable interactions through photos, videos, GIFs, text and more with an end-to-end encryption that is private and secure. But…

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ED Arrests Punjab Bizman Gautam Malhotra In Delhi Excise Policy Case

The Enforcement Directorate (ED) has arrested Punjab-based businessman Gautam Malhotra, son of former Shiromani Akali Dal MLA Deep Malhotra, in connection with its ongoing probe into Delhi Excise Policy 2021-22 money laundering case, sources said on Wednesday. Gautam, the Director of liquor manufacturing and distribution firm the OASIS group, was arrested on Tuesday on charges of money laundering. The ED sleuths arrested the businessman following his questioning in the case. The businessman is accused of cartelisation in the Delhi Excise policy case. This is the second arrest in the case…

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Lucknow Can Be Soon Renamed As ‘Lakshman Nagari’: UP Dy CM Brajesh Pathak

Uttar Pradesh Deputy Chief Minister Brajesh Pathak made a statement about the demand to change the name of Lucknow and said that it is well known about Lucknow that it was the city of Laxman. The government will update about the situation regarding the name change said the Dy CM Brijesh Pathak reached the Bhadohi tour on Wednesday. In Bhadohi, the Deputy CM held a review meeting regarding the progress of various schemes and development works the in the district. After he also unveiled the statue of former Prime Minister…

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‘Exposure To Adani Group Not A Major Concern,’ Says RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that the Indian banking sector, including non-banking finance companies (NBFCs), continues to be strong, and their exposure to the Adani Group was not a cause for major concern. He said that the central bank had taken several steps in the last three to four years to strengthen the banking sector’s resilience. “We have come out with clear guidelines to regulate banks. There are guidelines on audit committees. We also made mandatory for appointment of chief risk officers in banks,”…

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Rajya Sabha Suspends ‘Zero Hour’, ‘Question Hour’ To Resume Debate On Motion Of Thanks

Rajya Sabha on Wednesday suspended both the ‘Zero Hour’ and the ‘Question Hour’ to begin debate on ‘Motion of Thanks on the President’s address’. The first two hours of both the Rajya Sabha and the Lok Sabha are scheduled for the ‘Zero Hour’ and the ‘Question Hour’ in which parliamentarians raise issues of urgent public importance and ask questions of ministers as well as hold them accountable for the functioning of their ministries respectively.  The Rajya Sabha resumed its discussion with disruption and on a stormy note yet again as…

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TCS Wins £600 Mn Contract From UK-based Phoenix Group

Tata Consultancy Services (TCS) on Wednesday said it has won a contract for the end-to-end business transformation including administration services from UK-based Phoenix Group. This contract is valued at over GBP 600 million. Under the contract, TCS will digitally transform the latter’s ReAssure business using the TCS BaNCS™ based platform. Phoenix Group had acquired ReAssure, a UK-based life insurance provider, in 2020, and has now engaged with TCS to drive synergies and enhance customer experience for ReAssure’s policyholders. The expanded partnership with TCS will result in a transformation of ReAssure’s…

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Rs 1042.786 Cr Sanctioned For Welfare of SC, OBC, EBC In Bihar: Centre in Parl

“The Government of India has been focusing on inclusive growth as reflected in its commitment to ‘Sabka Saath, Sabka Vikas’ and has taken various steps to uplift the people living below the poverty line in the country,” A Narayanaswamy told Lok Sabha Minister of State for Social Justice and Empowerment, A Narayanaswamy on Tuesday said that an amount of Rs 1042.786 crore has been sanctioned to Bihar during the last five years for the welfare of Scheduled Castes (SCs), Other Backward Classes (OBCs) and Economic Backward Classes (EBCs) as part…

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Gautam Adani Re-enters Forbes Richest List, Ranks 17

Owner of Adani Group, the Indian industrialist, Gautam Adani has re-entered the Forbes list of ‘The World’s Billionaires’, ranking at number 17, with an increase of USD 463 million on Tuesday, February 7. In the previous week, Adani slipped from the third position on the Forbes list, to not even among the top 20 richest people.  Notably, the Adani Group stocks have seen an increase- Adani Ports prices have increased by 9.64 per cent (Rs 598.70), Adani Enterprises surged by 25 per cent, while Adani Wilmar and Adani Transmission prices…

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