5th edition of Global Ayurveda Festival to focus on health challenges The fifth Global Ayurveda Festival (Gaf 2023) will take place in Thiruvananthapuram, Kerala, from December 1 to December 5. ‘Emerging Challenges in Healthcare & A Resurgent Ayurveda’ is the event’s topic. To demonstrate Ayurveda’s potential for resolving health issues, the event will bring together …
London Stock Exchange Group to set up tech CoE in Hyderabad Facility to employ 1,000 people, MoU signed during the ongoing visit of Minister KTR to the U.K. The London Stock Exchange Group (LSEG), a provider of data and infrastructure for the global financial markets, will open a technological centre of excellence (CoE) in Hyderabad. …
Retail inflation eases to 4.7% in April The base effects from previous April, when it had reached an eight-year high of 7.8%, helped India’s retail inflation drop to an 18-month low of 4.7% in April, maintaining below the Reserve Bank of India’s 6% tolerance criterion for price rise for a second consecutive month. Urban consumers …
IIP growth falls to 5 month low of 1.1% in March on poor manufacturing performance For 2022-23 as a whole, industrial production clocked a growth of 5.1 percent as against 11.4 percent in 2021-22. According to publicly available official data, India’s industrial production growth hit a five-month low of 1.1% in March 2023. This reduction …
RBI launches 100 day campaign to settle unclaimed deposits The Reserve Bank of India (RBI) announced the start of the “100 Days 100 Pays” campaign on Friday. As part of this initiative, banks will locate and pay out their top 100 unclaimed deposits in each district of the nation. The government’s continued attempts to lessen …
Exim Bank to raise up to $4 billion this year The Export Import Bank of India, also known as Exim Bank, intends to raise a record $4 billion in the fiscal year 2023–2024 (FY24) for the purpose of providing term loans and trade finance. The Export Import Bank of India, also known as Exim Bank, …
Birth anniversary of Indian football legend PK Banerjee to be celebrated as ‘AIFF Grassroots Day’ The All India Football Federation (AIFF) Grassroots Day will be observed on June 23 in honour of the legend of Indian football and captain of the 1960 Rome Olympics, Pradip Kumar Banerjee, whose birthday falls on that date. According to …
RBI collaborates with GFIN to prevent greenwashing In order to take part in the Greenwashing TechSprint, the Reserve Bank of India (RBI) has teamed up with the Global Financial Innovation Network (GFIN). Concerns about overstated, false, or unsupported claims for environmental, social, and governance (ESG) credentials will be addressed at the event. 13 international regulators, …
World Migratory Bird Day 2023 celebrates on May 13 This special event is observed worldwide every year to focus on migratory birds and their conservation. World Migratory Bird Day is observed annually to spread awareness about water and its importance for migratory birds. Who Are Migratory Birds? Migratory birds are those birds who fly out …
Puma appoints K Balagopalan as India Managing Director Karthik Balagopalan, the company’s global director of retail and e-commerce, has been named the new managing director for India, according to German footwear and clothing giant Puma. Abhishek Ganguly, who has served as the managing director of Puma India since 2014 and worked for the company’s Indian …