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E Waste
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Real Estate Act
comes into force with effect from 1st May after 8 year long efforts to make
operational
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Odisha Skill
Development Authority becomes operational from May 1 announced by Chief
Minister Naveen Patnaik
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Union gov
launched an initiative named MICE(meetings, incentives, conferences and
exhibitions) for the upgradation of tourism sector in India
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Lok Sabha passed
Compensatory Afforestation Fund bill, 2015 to create special funds like
National Compensatory Afforestation Fund and also a State Compensatory
Afforestation Fund.
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Lok Sabha passes
Insolvency and Bankruptcy Code Bill, 2016 that will help improve India’s
ranking in the World Bank’s ‘Ease of Doing Business’ index.
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Union Railways
Ministry launched the Bharat Darshan Tourist train for pilgrims to visit and
bookings are being done by IRCTC .Rs 830 per day for each person.
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Culture and
Tourism Minister Mahesh Sharma released a Commemorative coin of Rs. 100/- and
a Circulation coin of Rs. 10/as a part of 475th Birth Anniversary
celebrations of Maharana Pratap in New Delhi.
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Bihar gov has
decided to prohibit the distribution, manufacture, storage, distribution,
consumption, transportation, display of any type of ‘gutka’ and pan masala
for a period of one year with effect from 21st May 2016 under Section 30 (2)
(a) of the Food Safety and Standards Act, 2006.
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National Green
Tribunal(NGT) banned light and heavy diesel vehicles, which are passed more
than 10 years old, in six major cities in Kerala
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Union Minister
Nitin Gadkari launches 20 Nirbhaya buses with safety measures for women.
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HRD Minister
launches Bharatavani Portal, India’s largest online repository of
dictionaries at Lucknow
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Sushma Swaraj
inaugurates six language versions of PMO India website
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Trial Run Of High-Speed
Spanish Talgo Train Conducted In India.
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Govt to rename
‘Mission Indradhanush’, adds four new vaccines to immunisation drive
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The world largest
to be built called Thirty Metre Telescope (TMT) project may be set up at
Hanle in Ladakh.
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|
Telangana Gov to
set up Spices Park in in Padigal in Nizamabad with investment of Rs. 31 Crore
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Urban Development
Minister Venkaiah Naidu and Delhi Chief Minister Arvind Kejriwal flagged off
the country’s first driverless-metro train was tested on track in New Delhi.
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RTI gets a
memorial in Rajasthan.
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The world’s
largest cargo carrier aircraft Antonov An-225 Mriya landed at the Rajiv
Gandhi International airport in Hyderabad.
|
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India’s first
ever Passenger Satisfaction Survey at Chhatrapati Shivaji International
Airport.
|
|
Iraq gov has
declared a state of emergency after supporters of Shiite Muslim cleric
Moqtada al-Sadr stormed parliament
|
|
A state of
emergency declared in the Canadian region of Alberta as firefighters continue
to battle raging wildfires
|
|
Wipro joined with
Oil major Saudi Aramco and Princess Nourah University (PNU), inaugurated
Saudi Arabia’s first all women business and technology park (WBP) in Riyadh.
|
|
Rich tributes
were poured to former defence minister and India’s first high commissioner to
the UK V K Krishna Menon on his 120th Birth Anniversary in London.
|
|
Finance Ministers
and Central Bank Governors from Japan, China, South Korea and the Association
of South East Asian Nations are agreed on the requisite to address downside
risks to global economic improvement in Frankfurt, Germany
|
|
Zimbabwe’s
central bank to introduce its own version of US dollars Known as bond notes
in order to ease a cash shortage in the country.
|
|
The festival held
to mark the 155th birth anniversary of poet laureate Rabindranath Tagore on
May 8- 12, Egypt.
|
|
First metro line
to the sea opens from Los Angeles to Santa Monica marks the return of
commuter train service to the sea for the first time since 1950’s
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India, Thailand,
Myanmar to be connected with a 1400-km highway which will link India with
Southeast Asia by land for the first time in decades.
|
|
Indian External
Affairs Ministry has banned Indian nationals from travelling to Libya.
|
|
Dubai opened the
world’s first functioning 3D-printed office building in a bid to enhance
Gulf’s main tourism and business development.
|
|
Bihar Govt,
UNICEF And MDM Join Hand To Curb Malnourishment.
|
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IAF Participation
in Ex Desert Eagle – II at UAE
|
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China sign two
agreements with Sudan to build nuclear reactor.
|
|
A six-day long
global conference on women empowerment with a theme of Women:Uplifting and
Uniting the World.
|
|
Landmark meeting
of SAARC Countries on protection of Children held in Delhi.The eight nations(Afghanistan,
Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka) composing
the South Asia Initiative to End Violence Against Children (SAIEVAC) are
assembled.
|
|
India, US hold
first Maritime Security Dialogue in New Delhi to promote the partnership in
the Maritime Field, India and US made the successful first round of
discussion under the Maritime Security Dialogue
|
|
The Ministry of
Environment, Forest and Climate Change and Department of Animal Husbandry,
Dairying & Fisheries organized a day-long national conference on
Gaushalas –cowsheds in New Delhi.
|
|
16th edition of
the Airport Show with participation of more than 300 companies from 55
countries including India held in Dubai from May 9 to 11 at the Dubai
International Convention and Exhibition Centre.
|
|
Report by OECD –
India ranks fifth position in the exports of Fake goods globally, while china
is No.1 in the list followed by Turkey and Singapore.
|
|
United Nations
Environment Programme (UNEP) releases Actions on Air Quality Report.
|
|
India becomes 5th
largest producer of e-waste in world: ASSOCHAM-KPMG study.
|
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India among top
10 steel importers in 2015: WSA.
|
|
Indian economy
may see 7.8 % growth in FY17: Credit Suisse
|
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Indian economy to
grow 7.7% in FY17: FICCI Survey
|
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India tops global
slavery index with 18.35 million people enslaved
|
|
India climbs to
41st slot on competitiveness ranking
|
|
Employers
Provident Fund Organisation has launched One Employee One EPF Account system
on labours day(May 1) and also launched a software named EPFO-E-samkisha
launched for centralized processing that will transfer and consolidate
accounts with ease
|
|
Mobile payments
major Paytm joined hands with Wipro Ltd to create the requisite technology
infrastructure for its payment bank
|
|
National Stock
Exchange launched a trading platform for small and medium enterprises (SMEs).
This is the first dedicated exchange for micro SMEs. This is a joint
initiative of NSE and Small Industries Development Bank of India (SIDBI).
|
|
The International
Monetary Fund is forecasted constant growth for India at 7.5%.The growth was
driven Private consumption, Weak Exports and Sluggish credit growth weight on
the Indian Economy
|
|
Kotak Mahindra
Bank has opened IFSC Banking unit at Gujarat International Finance Tec-City
(GIFT) City.
|
|
Banking sector
has increased the number of wilful defaulters of PSBs from 5,554 to 7,686 in
three years said by Minister of state for finance Jayant Sinha.
|
|
MCB Capital
Markets introduces World’s first Exchange Traded Fund focused on India’s
sovereign bonds with a typical maturity between 8 and 13 years.
|
|
Union Gov
approved the MoU between Reserve Bank of India (RBI) and Central Bank of
United Arab Emirates (UAE) on co-operation concerning currency swap
agreement.
|
|
NASSCOM has
signed a MoU with Facebook to build a product design initiative to help young
entrepreneurs into becoming problem solvers and solution builders.
|
|
ICICI Bank is the
first financial institution in the country to tie up with the BRICS Grouping
promoted New Development Bank to create a platform for sharing knowledge and
deepening network connectivity between NDB and ICICI Bank
|
|
Federal Bank
joined with Transfast Remittance LLC for facilitating online inward
remittance to India in Rupees for their NRI customers based in USA.
|
|
Central Bank of
Europe is mulling to decide the fate of the 500-euro banknote at the end of
2018, as these denominations associated with money laundering, the black
market and terrorist financing.
|
|
Asian Development
Bank raise granting India to USD 3 billion to enhance its lending to India to
USD 3 billion this year to support ‘robust growth’ in the country.
|
|
IDBI Bank decided
to open an international banking unit (IBU)at the International Financial Services
Centre (IFSC) in Gandhinagar.
|
|
Securities market
regulator SEBI has gave in-principle approval to YES Bank for it to act as
custodian of securities.
|
|
India’s largest
urban co-operative bank Saraswat has donated of Rs one crore towards relief
work drought conditions in various parts of Maharashtra.Vice Chairman Gautam
E Thakur handed over a cheque of Rs 50 lakh to Maharashtra CM Devendra
Fadnavis
|
|
The banks in
Telangana state will provide 6000 crore rupees loans to the poor under Mudra
Yojana said by Union Labour Minister Bandaru dattatreya
|
|
South Indian Bank
has tied-up with National Australia Bank (NAB) for online inward remittance
from Australia at competitive rates.
|
|
Finance Minister
Arun Jaitley announced that the Income Declaration Scheme 2016 will remain
functioning till September 30 for filing of Declarations and Payments
|
|
RBI authorises 29
agency banks to accept payments of I-T dues , sufficiently in advance of the
due date to avoid last minute rush.
|
|
IDFC Bank
launched Twitter campaign dubbed #IDFCTwitterResume which will help in
applying for a new job as simple as sending out a tweet.
|
|
DBS Bank decided
to set up its biggest technology hub outside its headquarters in Hyderabad.
|
|
Royal Bank of
Scotland(RBS) is to shut its banking operations in India having given up on
efforts to find a buyer as the planned to reduce its international operations
to 13 countries from the current 38.
|
|
State Bank of
India has planned to merge its five associate banks and also to merge
Bharatiya Mahila Bank.
|
|
Nepal SBI Bank has
launched payment gateway to facilitate online trade and non-trade
transactions between the Himalayan nation and India.The lender handed over a
cheque for Rs 5.21 crore to Nepal Prime Minister K P Oli for PM Natural
Disaster Relief Fund.
|
|
Punjab National
Bank(PNB) reported a net loss of Rs 5,370 crore in the March quarter, the
biggest ever quarterly loss in India’s bank history.
|
|
Honda Motors
Scooter India (HMSI) has partnered with IndusInd Bank to cater retail finance
to buyers.
|
|
Nomura financial
Services Company has wholly withdrawn its mutual fund joint venture with LIC
of India.LIC holds a 45 per cent stake and LIC Housing Finance a 20 per cent
stake in the venture
|
|
Islamic
Development Bank to open its first branch at Ahmedabad.
|
|
EPFO doubles
insurance for subscribers to Rs 6 lakh.
|
|
Union Bank of
India launches e-SBTR to facilitate stamp duty and registration on property
purchases.
|
|
Coverfox
announces tie up with Oriental Insurance Company.
|
|
HDFC among
world’s top 10 consumer financial services firms.
|
|
India’s growth to
rise to 8 percent in FY2019: Fitch.
|
|
Tea Board has
designated Bank of India as the new settlement bank for PanIndia E-auction
from sale number 25.
|
|
Bharti Airtel
Business and GBI entered into a strategic partnership to increase Airtel’s
direct reach to many new countries in the Middle East.
|
|
Zone Startups to
launch empower to support women entrepreneurs who are building technology
ventures.
|
|
Apollo Hospitals
has signed a MoU with William Osler Health System aims to positively impact
the health and wellness of the patients
|
|
Australian
entrepreneur Craig Wright has publicly identified himself as Bitcoin creator
Satoshi Nakamoto
|
|
American Online
cab aggregator Uber and china’s e-commerce giant Alibaba Group has announced
a global partnership for payment platform Alipay.
|
|
IT major Mphasis
and Tone Tag a sound-based proximity communication company entered into a
strategic partnership to provide a range of digital banking solutions for the
banking and retail industries.
|
|
Capgemini jointly
with Nasscom has launched their digital literacy centre at the Helen Keller
Institute of Deaf and Deaf & blind dedicated to training individuals in
Digital Literacy in Panvel and surrounding areas of Navi Mumbai
|
|
Reliance power is
all set to setup a 3,000 MW LNG-based power plant in Bangladesh.The first
Phase of 750MW gas-based power plant established at Meghnaghat near Dhaka
|
|
Union government
has approved the proposal of Infosys to set up an IT/ITeS special economic
zone in Bengaluru.
|
|
Flipkart launch
its Maps service with Social Technology Lab by Dr. Ashwin Mahesh MapUnity.
MapUnity started TechNagara social network for Smart Cities mission
|
|
Indian-American
Syamantak Payra won the prestigious Intel Foundation Young Scientist Award
for developing a low-cost electronically-aidedknee brace that enables a
person with a weakened leg to walk.
|
|
Eminent Harry
Potter Series Author JK Rowling honored with the highest French civilian
honour French Legion of Honour.
|
|
AR Rahman
conferred with Japan’s Fukuoka prize 2016
|
|
Virat Kohli named
T20 Player of the year, Ashwin best bowler at Ceat Award event.
|
|
Discus thrower
Seema Punia qualifies for Rio Olympics
|
|
Real Madrid FC
wins 2016 UEFA Champions League.
|
|
Sunrisers Beat
RCB By 8 Runs To Win IPL Trophy
|
|
Lewis Hamilton
wins Monaco Grand Prix
|
|
Alastair Cook
Becomes Youngest Cricketer To Score 10000 Test Runs
|
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