Daily Archive: Friday, June 16, 2017

16 Jun 2017

India-South Korea sign Agreements to Push Infrastructure Development

India and South Korea has signed an agreement for $10 billion assistance for infrastructure development projects in India, including smart cities. It includes $9 billion in concessional credit and $1 billion in Official development assistance (ODA). Part of this fund will be
16 Jun 2017

UN Report: India is Top Remittance Receiving Country

According to the ‘One Family at a Time’ study conducted by the UN International Fund for Agricultural Development (IFAD), Indians working across the world had sent home USD 62.7 billion in 2016 making India the top remittance-receiving country surpassing China.
16 Jun 2017

Bhupen Hazarika Award conferred to Yeshe Dorjee Thongshi

The Bhupen Hazarika National Award, 2017 has been conferred upon the noted writer Yeshe Dorjee Thongshi. This is the fifth edition of the award which was first conferred in 2012. The award has been instituted by Sarhad, a Maharashtra-based organisation. The award
16 Jun 2017

China launches its 1st X-ray Space Telescope to study black holes

China has launched its first X-ray space telescope to study black holes, pulsars and gamma-ray bursts. The telescope weighing 2.5 tonne was sent to the space using China’s Long March-4B rocket. The satellite was launched from the Jiuquan Satellite
16 Jun 2017

Union Cabinet approves proposal to introduce Financial Resolution

The Union Cabinet, presided by Prime Minister Narendra Modi, on 14 June 2017 gave a green signal to the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill aims at providing a comprehensive
16 Jun 2017

Cabinet approves MoU between India & Palestine on agriculture

The Union Cabinet chaired by Prime Minister Narendra Modi on 14 June 2017 approved the Memorandum of Understanding (MoU) between Union Ministry of Agriculture and Farmers’ Welfare and the Ministry of Agriculture of Palestine on agriculture cooperation.
16 Jun 2017

India’s antitrust watchdog imposes fine on Hyundai Motor’s local unit

Competition Commission of India (CCI), also known as India’s antitrust watchdog, on 14 June 2017 imposed a fine of Rs 870 million ($13.6 million) on automaker Hyundai Motor India Limited (HMIL). While imposing the fine, the antitrust
16 Jun 2017

Cabinet approves Interest Subvention to banks on short-term crop loan

The Union Cabinet, presided by Prime Minister Narendra Modi, on 14 June 2017 approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. The scheme will help farmers getting short term crop loan up to
16 Jun 2017

Union Health Ministry launches Intensified Diarrhoea Control Fortnight

The Union Ministry of Health and Family Welfare on 14 June 2017 launched the Intensified Diarrhoea Control Fortnight (IDCF) to intensify efforts to reduce child deaths due to diarrhoea. Through this initiative, the Health Ministry aims to
16 Jun 2017

Indian-origin Leo Varadkar becomes Ireland’s youngest PM

Ireland’s new Prime Minister Leo Varadkar on Wednesday evening announced his cabinet line-up, remaining largely the same as his predecessor Enda Kenny’s cabinet. In a statement to the Dail Eireann, the lower house of Irish parliament, Varadkar
Show Buttons
Hide Buttons