Current Affairs

DBS Bank India appoints Rajat Verma as new MD

Mr. Rajat Varma will lead the growth of the institutional banking franchise for DBS Bank in India.

DBS Bank India has appointed Rajat Verma, till recently with HSBC Bank where he was Managing Director and Country Head of Commercial Banking, India, as the new Managing Director and Head of Institutional Banking for India.



Arab Youth Survey Reveals India's Growing Influence as Strong Ally Surpassing US

According to the 15th annual ASDA'A BCW Arab Youth Survey, Arab youth consider India as a stronger ally than the United States. The survey, conducted by ASDA'A BCW, the leading communications consultancy in the Middle East & North Africa, revealed that 73% of Arab youth see India as a 'strong ally' or 'somewhat of an ally' to their respective countries, surpassing the US by a mere one percentage point (72%).

Covering the Gulf Cooperation Council (GCC) states, the Levantine countries, and North Africa, the study found that India is perceived as a top ally among young Arab men and women. The sentiment was particularly strong among UAE nationals, with 98% considering India an ally. Similarly, significant endorsement was observed in Bahrain, Kuwait, Saudi Arabia, and Oman, with nearly two-thirds of youth in these countries viewing India as an ally. Notably, 84% of young Egyptians and substantial majorities in the Palestinian Territories, Iraq, South Sudan, Sudan, and Libya also regarded India as an ally.



LG VK Saxena approves draft of Delhi Grievance Redressal Rules related to TPDS and FPS

Delhi Lieutenant Governor VK Saxena on Monday approved the draft of Delhi Grievance Redressal Rules, 2017 meant for addressing grievances related to Targeted Public Distribution System (TPDS) and Fair Price Shops (FPS). Delhi LG VK Saxena slammed the Kejriwal government in the national capital for not taking action on the draft since 2017.



India, Egypt sign pact on strategic partnership as Modi

INDIA AND Egypt signed a strategic partnership agreement as Prime Minister Narendra Modi and President Abdel Fattah El-Sisi held one-on-one talks in Cairo on Sunday.

The strategic partnership agreement is a follow-up to the decision arrived at after the two leaders met in January this year, when El-Sisi visited India as the Chief Guest for the Republic Day celebrations this year. At that time, they had decided to elevate India-Egypt bilateral relationship to “strategic partnership”.



Friendship between India, US force for global good

Prime Minister Narendra Modi on Sunday said the friendship between India and the US is a force for global good and will make the planet better as well as more sustainable.

Modi’s remarks came in response to a tweet by US President Joe Biden in which he said that the friendship between the US and India is among the most consequential in the world.

“The friendship between the United States and India is among the most consequential in the world. And it’s stronger, closer, and more dynamic than ever,” Biden tweeted sharing a video montage from Prime Minister Modi’s recently concluded state visit to the US.



UpGrad Mumbai Masters Triumph with Narrow Victory in Global Chess League's Opening Match at Dubai

This groundbreaking event aims to revolutionize chess and expand its global reach by introducing the world's first chess team franchise.

The opening match of the Global Chess League took place at Dubai, showcasing a clash between the Triveni Continental Kings and the upGrad Mumbai Masters. The upGrad Mumbai Masters emerged victorious with a narrow 8-7 win over the Triveni Continental Kings.

Dubai witnessed the launch of the inaugural Global Chess League on Wednesday night, marking a significant milestone for the sport. This groundbreaking event aims to revolutionize chess and expand its global reach by introducing the world's first chess team franchise.



ADB provides $400 million to construct Chattogram-Cox's Bazar railway

The Asian Development Bank (ADB) has signed a loan agreement worth $400 million with the government to build a dual-gauge railway connecting Chattogram and Cox's Bazar to promote trade, investment and tourism in the country.

Sharifa Khan, secretary, Economic Relations Division, and Jiangbo Ning, ADB deputy country director for Bangladesh, signed the agreement on behalf of Bangladesh and the ADB, respectively.



International Seafarers Day: Union Minister Shripad Naik inaugurates Seafarers Club at Jawaharlal Nehru Port Authority today

Union Minister of State for Ports, Shipping and Waterways & Tourism Shripad Naik inaugurated the Seafarers Club at Jawaharlal Nehru Port Authority (JNPA), today on the occasion of the International Seafarers Day.

Pointing out the significant role seafarers play in strengthening the country’s economy, Shripad Naik said that the government is committed to resolve the challenges faced by the seafarers. The Minister appreciated JNPA for the excellent work it has been doing for the betterment of the maritime sector and noted that the Seafarers Club is a great example.



Women's doubles pair of Sutirtha and Ayhika clinch WTT Contender tournament title in Tunis

The Indian women's doubles pair of Sutirtha Mukherjee and Ayhika Mukherjee won the WTT Contender tournament in Tunis after beating the Japanese pair of Miyuu Kihara and Miwa Harimoto on Sunday. The Indian duo won 3-1 (11-5, 11-6, 5-11, 13-11) in a challenging final.

The pair also became the first Indians to win a Contender title this year. Their achievement has come against the two rising Japanese teenagers who are both ranked among the top-25 in the world in singles.



Ek Bharat Shreshth Bharat NCC Camp Srinagar working towards national integration

with an aim to provide a one-on-one interaction and exchange their cultural presentations and ideas with local Kashmiri Youth, a Student Ideas Exchange program was conducted in collaboration with Director Colleges Kashmir.

To foster the spirit of National Integration and familiarize the participating cadets attending the ongoing Ek Bharat Shreshth Bharat Special National Integration Camp Srinagar, with local youth and border areas of Kashmir several activities are being organized by NCC Group Srinagar. On 23 Jun, with an aim to provide a one-on-one interaction and exchange their cultural presentations and ideas with local Kashmiri Youth, a Student Ideas Exchange program was conducted in collaboration with Director Colleges Kashmir. Under this program 45 NCC Cadets from different states / UTs of India, visited Amar Singh College, Govt College for Women, MA Road and AAA Memorial College Bemina.