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1 State Bank of India raises Rs 10,000 crore via infra bond issuance

State Bank of India Ltd (SBI), the country’s largest lender, said it raised Rs 10,000 crore on November 18 at a coupon rate of 7.23% through its seventh infrastructure bond issuance.

"The issue attracted overwhelming response from investors with bids in excess of Rs 11,500 crore and was oversubscribed in excess of 2 times as against the base issue size of Rs 5,000 crore," said the bank in a stock exchange filing.

The total number of bids received was 85 indicating wider participation with heterogeneity of bids, the bank added. "The investors were across provident funds, pension funds, insurance companies, mutual funds etc. The proceeds of bonds will be utilised in enhancing long term resources for funding infrastructure and affordable housing segment," said SBI.

19-Nov-2024 News in Details
2 India and Italy strengthen Joint Strategic Action Plan 2025-29 during G20 sidelines

Prime Minister Narendra Modi held a bilateral meeting with his Italian counterpart, Giorgia Meloni, on the sidelines of the G20 Summit in Brazil. The meeting saw the two leaders strengthen the India-Italy Joint Strategic Action Plan 2025-29.

Significant outcomes include enhancing cooperation for the India Middle East Economic Corridor and Indo-Pacific Oceans Initiative, work on migration and mobility, increase interactions for Industry 4.0 and implement the Executive Programme for Scientific and Technological Cooperation for the years 2025-27

Aware of the unparalleled potential of the India Italy Strategic partnership PM Modi and Italian PM Giorgia Meloni during their meeting at the G20 Summit in Rio de Janeiro, Brazil decided to give it further impetus through the following focused, time-bound initiatives and joint plan of strategic action.

19-Nov-2024 News in Details
3 India To Host First-Ever Kho Kho World Cup In January 2025

India is set to host the first-ever Kho Kho World Cup at the iconic IGI Stadium in New Delhi from January 13-19, 2025, marking a landmark moment in the world of traditional sports. In a major boost to the tournament, the Indian Olympic Association (IOA) has officially confirmed its partnership with Worlthe Kho Kho Federation of India (KKFI), pledging unwavering support for the event. In a statement to KKFI President Sudhanshu Mittal, IOA President PT Usha expressed the association's strong commitment to elevating indigenous sports like Kho Kho. The IOA has vowed to provide comprehensive support to enhance the tournament's visibility, ensuring maximum outreach and success.

"We recognize the significance of this event in celebrating our cultural heritage and promoting traditional sports, and we look forward to collaborating with Kho Kho Federation of India to ensure the success of the tournament. Together, we aim to make this event memorable and impactful, encouraging the spirit of sportsmanship among participants and fostering a deeper appreciation for Kho Kho worldwide," PT Usha said, according to KKFI release.

19-Nov-2024 News in Details
4 Happy International Men’s Day 2024

On November 19, the world annually celebrates International Men’s Day to recognize and appreciate the valuable contributions of men to their families and society as a whole.

In addition, this day serves as a platform to address significant issues regarding men’s health and well-being while also promoting gender equality.

This year, the theme for 2024, Positive Male Role Models, highlights the positive value and contributions of men while also encouraging the development of positive male role models, which will transform the detrimental aspects of traditional masculinity.

19-Nov-2024 News in Details
5 ‘One Day One Genome’ initiative to harness the microbial potential of India

The Department of Biotechnology (DBT) and Biotechnology Research and Innovation Council (BRIC) introducesthe 'One Day One Genome' initiative to showcase the enormous microbial potentialof India. Shri.Amitabh Kant, India’s G-20 Sherpa and Former CEO NITI announced the launch of ‘One Day One Genome Initiative’ on the 1st foundation day of BRIC held in National Institute of Immunology (NII), New Delhi on 9th November 2024

'One Day One Genome’ initiative will highlight the unique bacterial species found in our country and emphasize their critical roles in environment, agriculture and the human health.Microorganisms are crucial for our ecosystem. They play an important role in all biogeochemical cycles, soil formation, mineral purification, degradation of organic wastes and toxic pollutants along with methane production. Cumulatively they help to maintain the homeostasis in our planet. In agriculture, they help in nutrient cycling, nitrogen fixation, maintaining soil fertility, controlling pest and weeds and stress responses. Microorganisms symbiotically associate with plants and help them in nutrient and water uptake. They are indispensable part of human body. There are much more microbial cells than the number of human cells in a human body. They are essential for our digestion, immunity and even mental health. All infectious diseases are mainly caused by pathogenic microorganisms on the other hand non-pathogenic microorganisms are indispensable for our defense against infectious diseases.

19-Nov-2024 News in Details
6 6.2 lakh applications received for Prime Minister Internship Scheme

The Prime Minister Internship Scheme (PMIS) received a total of 6.2 lakh applications and the window for the registration of young applicants closed on November 15, said official sources.

Under PMIS, a landmark initiative aimed at boosting employability among Indian youth, more than 1.25 lakh internship opportunities are available in 25 sectors across 745 districts.

Between November 15 and 25, the offers and the applications will be matched and a shortlist would be prepared, sources said.

19-Nov-2024 News in Details
7 Uma Dasgupta, iconic Durga from 'Pather Panchali', dies at 84

Uma Dasgupta, renowned for her portrayal of 'Durga' in Satyajit Ray's legendary film 'Pather Panchali', passed away on Monday at a private hospital, according to family sources.

The 84-year-old actress, who had been battling cancer for an extended period, is survived by her daughter, family sources confirmed.

Chiranjeet informed Anandabazar Patrika that he met Uma's daughter in the morning and learned that her mother had passed away. He shared, "Uma di's daughter informed me that she is no more. She was diagnosed with cancer a few years ago."

After being diagnosed with cancer, Uma Dasgupta underwent medical treatment and initially responded well. However, the cancer returned, and she was later admitted to a local hospital in Kolkata for further treatment. Unfortunately, she passed away there.

19-Nov-2024 News in Details
8 BHU Chancellor Giridhar Malaviya dies at 88

Retired Justice Giridhar Malaviya, the grandson of Banaras Hindu University founder Pandit Madan Mohan Malaviya, died on Monday at his house in Prayagraj. He was 88.

Manoj Malaviya said his father had been unwell since last week but did not suffer from any major illness.

Malaviya is survived by his wife, two daughters, and a son.

Malaviya served as a judge at the Allahabad High Court from 1988 to 1998. In November 2018, he was unanimously elected as the Banaras Hindu University Chancellor.

"The Banaras Hindu University is deeply saddened by the passing away of Honourable Chancellor, Justice (retd) Sh. Giridhar Malaviya ji. Our heartfelt tributes," BHU said in a post on X.

19-Nov-2024 News in Details
9 Indian Army to Honour 1962 War Heroes with Events at two war memorials in Arunachal Pradesh

As a tribute to the courage and sacrifice of the Indo-China War heroes of 1962, the Indian Army is going to organize commemorative events at two war memorials in Arunachal Pradesh on November 17 and 18. The two war memorials are the Jaswant Garh War Memorial in Tawang, where the events will be held on November 17, and the Nyukmadung War Memorial in West Kameng District on November 18.

18-Nov-2024 News in Details
10 PM Modi to attend G20 Summit in Brazil’s Rio De Janeiro

Prime Minister Narendra Modi will attend the G20 Summit in Brazilian city of Rio De Janeiro today. Mr Modi is also expected to hold separate meetings with world leaders on the sidelines of the summit.

Mr Modi, US President Joe Biden and Chinese President Xi Jinping will be among the leaders who will attend the G20 summit in Rio de Janeiro today and tomorrow.

Prime Minister Modi arrived in Brazil this morning on the second leg of his 3-nation visit. India is part of the G20 Troika along with Brazil and South Africa and has been actively contributing to the ongoing G20 Summit discussions.

During the event, Prime Minister Modi will present India’s positions on various global issues and build on the outcomes of the G20 New Delhi Leaders’ Declaration, as well as the Voice of the Global South Summits hosted by India in recent years.

18-Nov-2024 News in Details