Indian Air Force organized seminar on financial awareness

To educate and familiarise air force personnel about financial planning, the Indian Air Force had organized a seminar.

The seminar titled ‘Financial Prudence and Awareness for Air Warriors’ was organized by IAF in collaboration with RBI at Air Force Auditorium, New Delhi.

The seminar sought to empower the air warriors in a manner so as to enable them to take sound and informed financial decisions in their personal.

Officials from the Reserve Bank of India conducted talks on diverse topics ranging from financial awareness, bank frauds, the role of ombudsmen, among others.

Approximately 400 Air Warriors across all ranks attended the seminar.

Senior Advocate Mukul Rohtagi is set to be appointed as the 14th Attorney General of India after KK Venugopal vacates the post. This will also be Mukul Rohtagi’s second tenure as an Attorney General of India. He served in the position for the first time between June 2014 and June 2017.

State-owned Bank of Maharashtra (BoM) said it has raised ₹710 crore from bonds to fund business growth. The fund raised via Basel III compliant Additional Tier 1 (AT1) bonds of ₹710 crore (including green shoe option of ₹610 crore) is at a coupon rate of 8.74 per cent, the bank said in a statement.

The data released by the Ministry of Statistics and Programme Implementation on Monday suggests that India’s retail inflation in August 2022 rose to 7 per cent, up from 6.71 per cent in July.

India pulled out of the trade-related negotiations of the United States-led Indo-Pacific Economic Framework (IPEF).
Union Commerce and Industry Minister Piyush Goyal confirmed India’s decision of not joining the trade pillar of IPEF. The IPEF Ministerial Meet was recently hosted by the United States.

Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn will invest ₹ 1.54 lakh crore to set up India’s first semiconductor production plant in Gujarat.

World Dairy Summit in India is being organized from September 12, 2022, to September 15, 2022, at India Expo Centre & Mart, Greater Noida, Uttar Pradesh. The World Dairy Summit is being organized after more than 48 years in India. The four-day-long summit is a congregation of the global and Indian dairy stakeholders.

Book titled Forging Mettle: Nrupender Rao and the Pennar Story” authored by Pavan C. Lall

A senior journalist Pavan C Lall has authored a new book ‘Forging Mettle: Nrupender Rao and the Pennar Story.

The book has published by HarperCollins Publishers India

The book is focused on how a business is built into a large organization on the foundations of values and sustainability.

Pavan C. Lall is a Mumbai-based author and journalist who has written for Fortune magazine’s Indian edition.

He is also a winner of the Citi Journalistic Excellence Award in 2016.

Recent Books

The Hero of Tiger Hill –  Subedar Major Yogendra Yadav (Autobiography)

India’s Economy From Nehru To Modi : A Brief History – Pulapre Balakrishnan

New India: Selected Writings 2014-19 – Launched by Former VP M Venkaiah Naidu

Bibi: My Story – Benjamin Netanyahu’s Autobiography

Field Guide, Birds of India’ – published by ZSI

Dilip Kumar: In the Shadow of a Legend – Faisal Farooqui

Beyond The Misty Veil, Temple Tales of Uttarakhand’ book released – Aradhana Johri

The McMahon line- A century of discord – former Chief of Army Staff General JJ Singh (Retd).

The Winning Formula for Success – Vinit Karnik

Fearless Governance – Dr Kiran Bedi

BB Lal was an Indian writer and an archaeologist and was the Director-General of the Archaeological Survey of India from 1986 to 1972 and has served as the Director of the Indian Institute of Advanced Studies, Shimla. BB Lal has also served on various UNESCO committees.

China has successfully tested its first fully solar-powered unmanned aerial vehicle (UAV). Named ‘Qimingxing-50’, the UAV can fly for months and can function even as a satellite if required.
It is the first large-sized UAV powered only by solar energy. . This technology will promote China’s Defence prowess. It can also be used in the field of renewable energy, new materials and aeronautical engineering.

Mazagon Dock Shipbuilders Ltd (MDL), which is under the defence ministry, on Sunday launched Taragiri, the third stealth frigate of Project 17A.

Commerce and industry minister Piyush Goyal has launched an initiative — SETU (Supporting Entrepreneurs in Transformation and Upskilling) — here to connect startups in India to US-based investors.

Olympic gold medallist Neeraj Chopra became the first Indian athlete ever to win the prestigious Diamond League final on Thursday in Zurich. Neeraj Chopra drew the curtains on his 2022 season on Thursday night at Zurich’s Weltklasse, Letzigrund, becoming the first Indian athlete ever to win the Diamond League Final.

World Suicide Prevention Day (WSPD), celebrated annually on 10 September, is organized by the International Association for Suicide Prevention (IASP) and endorsed by the World Health Organization (WHO).

India & Japan 2+2 Ministerial Dialogue held in Tokyo

Defence Minister Rajnath Singh along with EAM Dr. S Jaishankar has participated in the 2nd India-Japan ‘2+2 Ministerial Dialogue’ in Tokyo.

The Japanese sides represent by Yasukazu Hamada and Yoshimasa Hayashi.

This Dialogue reviewed the bilateral cooperation across domains.

The year 2022 also marks 70 years of diplomatic relations between the two countries.

About Japan

• Capital –Tokyo
• Currency –Yen
• Prime Minister –Fumio Kishida

Nagesh Singh, presently Joint Secretary in the Ministry of External Affairs, has been appointed as India’s next ambassador to Thailand. Singh will be replacing ambassador Suchitra Durai and is expected to take up the assignment shortly.

Nagesh Singh is a 1995 batch officer of the Indian Foreign Service (IFS) who has served as Consul General of India in Atlanta. He holds a master’s degree from the Delhi School of Economics. Bilateral relations between India and Thailand continued to strengthen during 2021, marked by cooperation at regional and sub-regional levels within the framework of ASEAN, Mekong Ganga Cooperation, and BIMSTEC as well as at other multilateral fora.

E-dakhil portal was launched by the Ministry of Consumer Affairs on September 7, 2020, for the online redressal of consumer grievances. The portal empowers the consumer and their advocates to file consumer complaints with the payment of requisite fees online from anywhere for the redressal of their complaints.

Himalaya Day 2022 was observed under the theme ‘Himalayas will be safe only when the interests of its residents are protected.

Austrian career UN official Volker Turk has been appointed the UN High Commissioner for Human Rights by Secretary-General Antonio Guterres. Within hours of his nomination by Guterres on Thursday, he received the Assembly’s approval to succeed Michelle Bachelet, who left after completing her term last month.

The Meghalaya Government launched a multi-purpose online portal ‘Meghalaya Residents Safety and Security Act (MRSSA)’.
The digitisation process would connect more than 6,000 villages and localities across Meghalaya to the online system. This aims to ensure the safety and security of the residents, gathering intelligence inputs for better delivery of numerous government services.

India ranked 132nd among 191 countries and territories on the 2021 Human Development Index (HDI), showed a report by the United Nations Development Program (UNDP) released. In the 2020 report, India had ranked 131st among 189 countries and territories.

Budget Indian carrier IndiGo has announced that Petrus Johannes Theodorus Elbers (Pieter Elbers) has joined as Chief Executive Officer of the company with effect September 6.

Sterlite Power commissioned 400KV transmission lines in Gujarat

Sterlite Power’s Mumbai Urja Marg Transmission Ltd (MUML) has commissioned 400kV Banaskantha, Kansari, and Vadavi Transmission lines in Gujarat.

The high voltage transmission line will help in the evacuation of around 1000 MW of renewable power from the pooling station at Bhuj in northern Gujarat to the national grid.

It will augment the available power transmission capacity of the state, taking it from 9300 MW to 11200 MW.

Against India’s renewable capacity of 90 GW, Gujarat’s contribution stands at around 12 GW. On the back of its strong energy infrastructure, Gujarat aims to establish more than 67 GW of renewable energy by 2030.

About Gujarat

Capital – Gandhinagar

Chief Minister – Bhupendra Patel

Governor – Acharya Devvrat

IDBI Bank re-appointed as Deputy MD of S Jebaraj for 3 years

IDBI Bank has announced the reappointment of Samuel Joseph Jebaraj as the Deputy Managing Director (DMD) on the Board of the Bank for a period of 3 years.

The board of directors has jointly approved the appointment. The reappointment is with effect from September 20, 2022.

Currently, Government holds 45.48 percent stake in IDBI bank, and Life Insurance Corp of India, which is currently the promoter of the bank, owns a 49.24 percent stake.

About IDBI Bank

Founded- 1 July 1964

Headquarters- Mumbai

MD and CEO- Rakesh Sharma

Recent Appointment

• MD & CEO of Tamilnad Mercantile Bank – Krishnan Sankarasubramaniam
• Interim Head of AICTE – Jagadesh Kumar
• CMD of NHPC – Yamuna Kumar Chaubey
• Interim Chairman of ONGC – Rajesh Kumar Srivastava
• Interim chairman at GAIL – M V lyer

Bhupen Hazarika was an Indian playback singer, lyricist, musician, actor, poet, and filmmaker from Assam who was popularly known as Sudha Kontho. His songs, which were mainly written and sung in the Assamese language himself, are marked by humanity and the universal brotherhood. The tech giant paid tribute to Dr. Bhupen Hazarika on September 8 to celebrate his 96th Birth Anniversary.

Shri Sanjay Kumar Verma appointed as the next High Commissioner of India to Canada. Shri Sanjay Kumar Verma (IFS: 1988), presently Ambassador of India to Japan, has been appointed as the next High Commissioner of India to Canada. 2. He is expected to take up the assignment shortly.

This year’s theme of “the air we share” focuses on the transboundary nature of air pollution, stressing the need for collective accountability and action.

India’s National Security Council Secretariat (NSCS) and the UK Government in collaboration with BAE Systems successfully conducted the Cyber Security Exercise for 26 Countries.
The exercise has been conducted as part of the International Counter Ransom ware Initiative- Resilience Working Group, which is being led by India under the leadership of National Cyber Security Coordinator (NCSC).

Three Indian cities join UNESCO network of learning cities – List.Warangal and two cities from Kerala have joined the UNESCO Global Network of Learning Cities (GNLC) in recognition of their outstanding efforts to make lifelong learning a reality for all at the local level.

Union finance minister Nirmala Sitharaman assured that the new bill on data privacy will be ready “soon” and the Information Technology minister has been diligently working on it. Ashwini Vaishnaw is the Union minister for information and technology.