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1 Punjab Police launches operation to ‘OPS clean’ to make State drug-free

He said all senior police officials were asked to personally monitor the operation and make a sufficient number of police teams under the supervision of gazetted rank officers so that they could carry out raids in a synchronised manner

02-Jun-2023 News in Details
2 Medium-range ballistic missile Agni-1 test-fired in Odisha

A successful training launch of a medium-range ballistic missile, Agni-1 was carried out by the Strategic Forces Command from APJ Abdul Kalam Island, Odisha on Thursday.

“The missile is a proven system, capable of striking targets with a very high degree of precision. The user training launch successfully validated all operational and technical parameters of the missile,” a Defence Ministry statement said.

02-Jun-2023 News in Details
3 India wins Junior Asia Cup, beats Pakistan 2-1

The Indian Junior Men’s Hockey Team reigned supreme as it beat nemesis Pakistan 2-1 in a thrilling Final match of the Men’s Junior Asia Cup 2023 here in Salalah, Oman.

Early goals by Angad Bir Singh (13’) and Araijeet Singh Hundal (20’) ensured India remained in command of the game while some outstanding saves by goalkeeper Shashikumar Mohith Honnenahalli kept India in the lead throughout the match.

02-Jun-2023 News in Details
4 Bengal finally decides to implement NEP, but drops introduction of centralised admission

West Bengal on May 31 finally announced that colleges run and aided by the State Government would implement the National Education Policy starting from academic year 2023-2024, a decision that has drawn mixed reaction from teachers.

While one set of teachers questioned the delay in the announcement, the other said it was better late than never. But, what appears to trouble most is the State Government’s simultaneous announcement that admissions would not be centralised — as was the plan from this year — and that colleges would be responsible for it individually.

02-Jun-2023 News in Details
5 Manjeet wins bronze in UWW ranking series wrestling event in Kyrgyzstan

Manjeet won a bronze in the men’s Greco Roman 55kg category to open India’s medal account in the UWW Ranking Series wrestling event here on Thursday.

Manjeet lost to Ikhtiyor Botirov of Uzbekistan in the quarterfinals with the latter notching up victory by superiority (VSU1, 13-4). But, since Botirov reached the final, Manjeet got a chance to fight for one of the two bronze medals.

02-Jun-2023 News in Details
6 Blackstone Portfolio Company R Systems Appoints Nitesh Bansal As MD And CEO

R Systems, a Blackstone portfolio company on Tuesday announced that its Board of Directors has appointed Nitesh Bansal as the Managing Director and Chief Executive Officer of the Company, effective 30 May 2023.

Nitesh joins R Systems after a 25-year career, with 23 years at Infosys where he held several leadership roles, most recently serving as a Senior Vice President and Global Head of Engineering Services. He has worked across India, Europe and America. He is a chartered accountant and has pursued executive and leadership courses at INSEAD and Stanford Graduate School of Business.

02-Jun-2023 News in Details
7 Telangana formation day | The growth of South Central Railway

Railways has been chosen as one of the engines of growth by the Modi government and this is reflected in heavy duty investments towards its development and growth across zones, South Central Railway (SCR) being no exception.

SCR, which mainly encompasses Telangana and Andhra Pradesh, has been getting substantial funds since 2014. The average budgetary allocation for infrastructure projects and safety works, falling fully or partly in Telangana during 2014-19, was ₹1,110 crore a year.
02-Jun-2023 News in Details
8 Cabinet approves to establish Regional Office of Universal Postal Union in New Delhi

The Cabinet today approved to establish Regional Office of the Universal Postal Union, UPU, in New Delhi.  The aim is to undertake UPU’s development cooperation and technical assistance activities in the region by entering into an agreement with UPU.
 
The approval enables India to play an active role in multilateral organizations in postal sector with an emphasis on South-South and Triangular cooperation.  India will provide a Field Project Expert, staff, and office, set up for UPU’s regional office. 

01-Jun-2023 News in Details
9 Morgan Stanley credits Modi govt for India’s transformation in Less than a Decade

After the World Bank and United Nations, US-based global investment bank Morgan Stanley has reaffirmed faith in the India story. In a report detailing India's transformation over the last 10 years, Morgan Stanley credited the government's policy choices for making India gain a significant position in the world order with positive consequences for the macro and market outlook.

 The report titled 'India Equity Strategy and Economics: How India Has Transformed in Less than a Decade' reviewed India's policy changes since 2014 in areas like Supply-side reforms, formalization of the economy, Real Estate, digitalizing social benefit transfers, Insolvency and Bankruptcy Code, flexible inflation targeting, focus on FDI and government support for corporate profits. It commended the government led by Prime Minister Narendra Modi for bringing corporate tax at par with peers and expediting infrastructure investment.

01-Jun-2023 News in Details
10 Government launches Electronics Repair Services Outsourcing to make India Repair Capital of the World

In line with the vision of Prime Minister Narendra Modi to make India a global electronics powerhouse, Government today launched Electronics Repair Services Outsourcing ERSO Pilot initiative to validate certain transformational policy and process changes to make India the Repair Capital of the World.

 Demonstrating true commitment to the growth of Industry, Ministry of Electronics and Information Technology, Central Board of Indirect Taxes and Customs, Directorate General of Foreign Trade, and Ministry of Environment, Forest and Climate Change converged with industry to effect transformational policy and process changes that would make India the most attractive repair destination for ICT products globally. Over the next five years, India’s ERSO industry is likely to fetch India an upto 20 billion dollars in revenue and also generate millions of jobs.

01-Jun-2023 News in Details