Current Affairs

NaBFID signs MoU with New Development Bank to accelerate financing infra projects

The National Bank for Financing Infrastructure and Development (NaBFID) on Thursday said it has signed a Memorandum of Understanding (MoU) with the New Development Bank (NDB) creating a deep and sustainable infrastructure financing market and developing a supportive ecosystem around it.

NDB is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).

This collaboration will help bridge the infrastructure financing gap and explore long-term collaboration opportunities, including the exchange of technical expertise, a joint statement said.



India’s retail inflation eases to 67-month low of 3.34% in March

India’s inflation eased to a 67-month low of 3.34 percent in March compared with 3.61 percent in the previous month, as food inflation declined further, with economists firming up their expectations of a further rate cut in June policy meeting of the Reserve Bank of India, according to data released on April 11.

"Despite a firmer core, Jan–Mar headline inflation not only undershot the RBI’s quarterly projection by a wide margin but also fell below the RBI’s target range. This validates the central bank’s decision to shift to an accommodative stance, along with a rate cut at the April meeting. We maintain our call for further easing in June,” said Radhika Rao, senior economist, DBS Bank.



Meghalaya bags two top awards for work on Aadhaar

A day after anti-Aadhaar card protestors hit the streets of Shillong, Meghalaya received two top awards from the Unique Identification Authority of India (UIDAI).

The UIDAI, which issues the 12-digit unique identification number, recognised Meghalaya as the best-performing State in carrying out mandatory biometric updates of children and in the verification of adult Aadhaar enrolment.

Shai Kupar War, the nodal officer (Aadhaar) in the State’s General Administration Department, received the awards on behalf of the government in New Delhi on April 8.



Chris Jenkins resigns as Commonwealth Sport President, Donald Rukare takes on interim role

Chris Jenkins has resigned as Commonwealth Sport President, the organisation announced on Tuesday, acknowledging his longstanding service and significant contribution to the Commonwealth Sport movement.

The Constitution allows for an interim President to be appointed in the wake of the mid-term resignation of the incumbent, and Donald Rukare has been given the role till the next General Assembly in November this year, according to Commonwealth Sport CEO Katie Sadleir.

“I am particularly proud of the opportunities I have been given to advance Sport for Development – and especially Para inclusion through our GAPS programme – and want to thank all my Commonwealth Games Association colleagues and friends for their support,” Jenkins was quoted as saying in a release which did not mention why he stepped down from the role.



Shreyas Iyer secures ICC Men's Player of the Month Award for March 2025

Indian batter Shreyas Iyer achieved the accolade of the ICC Men's Player of the Month Award for March 2025, surpassing competitors Jacob Duffy and Rachin Ravindra from New Zealand, as per a report from ICC.

Iyer emerged as the top run-scorer for India with 243 runs, contributing significantly to India's success in the ICC Champions Trophy 2025 in Dubai and Pakistan. Iyer's receipt of this award signified that India has claimed it consecutively, with Shubman Gill winning the accolade for February.

Iyer played an integral part in India's 2025 Champions Trophy journey, serving an important function in the middle-order. His exceptional stroke-play helped India navigate the middle overs, and his ability to stabilize the innings while establishing important partnerships was crucial in leading his team to a triumphant campaign.



World Record in Neurosurgery: 17 cm Spinal Cord Tumor Successfully Removed by Dr. Ajeet Singh in Udaipur

Udaipur, Rajasthan – In an extraordinary milestone for global medical science, a 17-centimeter long intramedullary spinal cord tumor was successfully removed from a 21-year-old woman at Paras Health Hospital, Udaipur. This rare and highly complex surgery has now earned a place in the International Book of Records as the “Longest Spinal Ependymoma Removed from the Upper Spine.”

The groundbreaking surgery was led by renowned neurosurgeon Dr. Ajeet Singh, celebrated across the country for his expertise, precision, and unwavering dedication to patient care. The tumor stretched from the second cervical vertebra (C2) down to the fifth thoracic vertebra (T5), affecting nearly one-third of the spinal cord – a highly sensitive and life-critical area.



Nageshwar Reddy honoured with ‘Legends of Endoscopy’ award in Tokyo

D. Nageshwar Reddy, chairman of AIG Hospitals, has been honoured with the ‘Legends of Endoscopy’ award by a community of Japanese gastroenterologists. The recognition comes as an acknowledgment of his contributions to the advancement of Gastrointestinal (GI) Endoscopy.

The award was presented during the Tokyo Live Global Endoscopy 2025 event, held at SHOWA Medical University Koto Toyosu Hospital in Tokyo, where Dr. Reddy also performed live demonstrations of complex endoscopic procedures, said a release.



Army chief General Dwivedi felicitates four ex-servicemen with ‘Veteran Achievers Award’

Chief of Army Staff General Upendra Dwivedi visited Vajra Corps headquarters in Jalandhar and interacted with veterans, felicitating four distinguished ex-servicemen with ‘Veteran Achievers Award’. This recognition honoured their contributions to society, youth empowerment and nation-building.

Among them was Col Jagdeep Singh (retd), a wheelchair-bound battle casualty who has secured Rs 76 crore in dues for more than 1,300 veer naris and veterans. He has also enabled jobs for 23 families of bravehearts.

Commander Gurcharan Singh (retd), a 1971 war veteran, was honoured for supporting the community by resolving decade-old financial cases and securing lifelong Red Cross aid for the families of bravehearts.



Solar Mission launched in Nagaland to accelerate rooftop solar power system

Nagaland Chief Minister Neiphiu Rio today launched the Nagaland Solar Mission, aimed at accelerating the adoption of residential rooftop solar power systems across the state. The initiative aligns with the PM Surya Ghar Muft Bijli Yojana, and seeks to make clean energy more accessible and affordable to households. The launch event was held at the Chief Minister’s Office, Secretariat in Kohima, in the presence of Deputy Chief Minister Y. Patton, Minister for Power K G Kenye, Chief Secretary J. Alam, and other senior state officials.

Taking to social media, Chief Minister Rio said, the State Government will supplement Government of India subsidy by providing additional State subsidies.Under the scheme, beneficiaries will receive up to 96 percent subsidy for systems up to 2 kilowatt and 85 percent for systems up to 3 kilowatt, making solar installations significantly more affordable for residents. He added, an allocation of 10 crore rupees has been made for the Mission in the FY 2025-26. Mr Rio said, this marks a significant step towards advancing green energy, reducing electricity costs, promoting environmental conservation. The Chief Minister said, the initiative reflects the state government’s commitment to building a sustainable & energy-efficient future.



Tata Power Renewable Energy, NTPC join hands to set up 200 MW green project

Tata Power Renewable Energy Ltd (TPREL) has signed a power purchase agreement (PPA) with NTPC Ltd to develop a 200 MW clean power project.

"With this project, its total renewable utility capacity has reached 10.9 GW," TPREL, a Tata Power subsidiary, said in a statement on Monday.

The Firm and Dispatchable Renewable Energy (FDRE) project, spread across multiple locations in India, is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, TPREL said.

The project will mitigate over 1 million tonnes of carbon dioxide emissions per year. The project was won by TPREL based on competitive bidding and would consist of solar, wind and BESS (battery energy storage system) technologies.