The International Finance Corporation (IFC) announced the appointment of Wendy Werner as the new country head for India.
Werner filled the vacancy of her predecessor Jun Zhang, who retired after a long career with the corporation.
Based in New Delhi, she will focus on growth and diversification of the India portfolio, helping maximize IFC's impact in the region.
India is the largest client country globally for the World Bank Group's developmental lender with a commitment of USD 1.7 billion for the fiscal year ending June 2021, representing an increase of over 51 per cent from last year.
Son of Ousted Philippine Dictator Ferdinand Marcos to Seek Presidency
The son and namesake of the late Philippine dictator Ferdinand Marcos, who was toppled in a 1986 revolt, announced that he would seek the presidency in next year's elections in what activists say is an attempt to whitewash a dark period in the country's history marked by plunder and human rights atrocities.
Former senator Ferdinand Bongbong Marcos Jr. said that he would unite Filipinos to be able to overcome the coronavirus pandemic that has destroyed lives, battered the economy and brought widespread misery.
Marcos Jr. is the latest to express his intention to succeed President Rodrigo Duterte, an ally of the Marcoses who has been in the crosshairs of human rights groups himself. Marcos Jr. is one of at least eight politicians and celebrities who said they'll run for president or lower posts, including Vice President Leni Robredo, who leads the opposition.
Marcos Jr. narrowly lost to Robredo in the 2016 vice presidential race and then unsuccessfully contested alleged elections irregularities.
Taiwan Defence Minister Fears Full Scale Chinese Invasion by 2025
Taiwan Defence Minister Chiu Kuo-cheng said that China will be capable of mounting a full scale invasion of the democratic island by 2025.
Over a four day period, Taiwan reported close to 150 Chinese air force aircraft entered its air defence zone, part of a pattern of what Taipei calls Beijing's continued harassment of the Chinese-claimed island.
Himachal Pradesh Becomes 1st State to Begin Organised Cultivation of Dalchini
The CSIR's Institute of Himalayan Bioresource Technology (IHBT) has introduced cinnamon cultivation in Himachal Pradesh on a pilot basis. True cinnamon or Cinnamomum verum is grown mainly in Sri Lanka, while minor producing countries include Seychelles, Madagascar, and India.
India imports 45,318 tonnes of cinnamon annually from China, Sri Lanka, Vietnam, Indonesia and Nepal. With the cultivation of cinnamomum verum, HP has become the first state of India to have organised cultivation of cinnamon.
South Pole Records Coldest Winter on Record
The South Pole just had its coldest winter on record.
Between April and September, a research station sitting on a high plateau in Antarctica, registered an average temperature of minus 78 degrees Fahrenheit (minus 61 degrees Celsius). That's the coldest temperature recorded since record keeping began in 1957, and about 4.5 F (2.5 C) lower than the most recent 30-year average.
The previous record for the coldest winter was minus 77 F (minus 60.6 C) in 1976.
HDFC Bank announced its Festive Treats 3.0 campaign which will provide over 10,000 offers on cards, loans and easy EMIs.
The private sector lender has partnered with over 10,000 merchants across more than 100 locations to offer its customers an opportunity to avail deals specifically created for their personal and business needs.
Benefits offered to the customers include cashbacks and no-cost EMIs on premium mobile phones, up to 22.5 per cent cashback and no-cost EMI on electronics and consumer goods like washing machines and refrigerators, and personal loans starting at 10.25 per cent with instant disbursal in account.
There is zero processing fee and funding of up to 90 per cent on tractor loans and 50 per cent discount on processing fee on commercial vehicle loans.
The lender is offering collateral-free business loans up to Rs 75 lakh and 50 per cent off on processing fee.
B. C. Patnaik Takes Charge as MD of LIC
B. C. Patnaik took charge as Managing Director of Life Insurance Corporation of India. He was appointed as Managing Director by the Government of India. Prior to taking charge as Managing Director of LIC, Patnaik was Secretary-General, Council for Insurance Ombudsmen, (CIO) Mumbai. He joined LIC of India in March 1986 as a Direct Recruit Officer.
US-based Dairy.com Buys 100% Stake in Mr. Milkman
US-based dairy technology, services, and intelligence provider, Dairy.com, made its first investment in India with the acquisition of Mr. Milkman, a last-mile dairy supply chain SaaS platform. The company has acquired a 100% stake in Mr. Milkman to strengthen its integrated supply chain solution offerings for dairies worldwide.
The two companies will use their combined agribusiness technologies, development resources, and industry expertise to enable and innovate last-mile dairy supply chain solutions for markets in India and abroad.
Mr Milkman works with Akshayakalpa, Gyan Dairy, Whyte Farms, Abis Dairy, Carnival Group, Fortune Dairy, Binsar Farms, Nutrimoo, Healthways, and many others in India.
Telecom operator Bharti Airtel and equipment maker Ericsson have conducted India's first 5G network trial in a rural location, demonstrating the potential that 5G can unleash in bridging the digital divide.
The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR using 5G trial spectrum allocated to Airtel by the Department of Telecom.
The trial showcases the massive potential offered by 5G towards bridging the digital divide by enabling access to high-speed broadband through solutions such as enhanced mobile broadband (eMBB) and Fixed Wireless Access (FWA) services.
India pulled out of next year's Birmingham Commonwealth Games' hockey competition, citing COVID-19 concerns and UK's discriminatory quarantine rules for travellers from the country.
Hockey India President Gyanandro Ningombam communicated the federation's decision to Indian Olympic Association (IOA) President Narinder Batra.
This move comes a day after England pulled out of the FIH Men's Junior World Cup to be held in Bhubaneswar next month, citing a number of COVID-related concerns and taking "note" of the Indian government's mandatory 10-day quarantine protocol for all UK nationals.
Junior Shooting World Championships
Young Indian shooter Aishwary Pratap Singh Tomar saved his best for the final as he broke the junior world record to win the gold medal in the 50 metres rifle 3 positions event at the ISSF junior world championships in Lima, Peru.
Tomar, who represented India in the Tokyo Olympics, broke the finals world record with a score of 463.4 points. The 20-year-old won the gold by a big margin of 6.9 points. France's Lucas Kryzs tallied 456.5 to win silver, while USA's Gavin Barnick won bronze with a score of 446.6.
Chirag, Paras Factions Get Separate Names, Poll Symbols
The Election Commission allocated names and poll symbols to the Chirag Paswan and the Pashupati Kumar Paras factions as an interim measure, days after barring them from using the name of the Lok Janshakti Party or its symbol 'bungalow'.
In separate letters to Paswan and Paras, the poll panel said that it has allotted the name 'Lok Janshakti Party (Ram Vilas)' and the election symbol 'Helicopter' to the Chirag Paswan group.
Having considered your request, the commission has allotted the name 'Rashtriya Lok Janshakti Party' for your group and has allotted the symbol 'Sewing Machine' as the symbol to be allotted to the candidate set up, if any, by your group in the current bye-election," the EC told Paras.
BJP Wins Gandhinagar, Two Other Civic Bodies in Gujarat
The ruling BJP retained the Gandhinagar Municipal Corporation (GMC) and won in two other civic bodies in Gujarat, while the Congress took away Bhanvad municipality in Devbhumi-Dwarka district from the saffron party.
The GMC poll was being seen as a litmus test for the BJP in the backdrop of its sudden and surprising decision to change the state's chief minister and the entire cabinet recently, ahead of the state Assembly polls due next year. The party had registered a thumping win in the local bodies polls held in February this year.
As per the final tally released by the State Election Commission (SEC), out of total 44 seats in the GMC, the BJP won 41 seats, the Congress-2 and the AAP bagged 1 seat.
A.K. Chawla Inaugurates Naval Communication Network Satellite Data Centre
Vice Admiral A.K. Chawla, Flag Officer Commanding-in-Chief, Southern Naval Command, inaugurated Naval Communication Network Satellite Data Centre, a state-of-the-art facility, at the INS Dweeprakshak at Kavaratti.
The Admiral said that the satellite data centre would provide a tremendous boost to the communication throughput of the Indian Navy.
This was was another milestone towards the seamless network-centric operations of the armed forces.
Jamwal Assumes Charge as ADG of BSF's Western Command
Narinder Singh Jamwal assumed charge as Additional Director General of Border Security Force's (BSF) Western Command, Chandigarh.
Prior to this, he was serving as Inspector General at BSF's Jammu Frontier.
BSF's Western Command is responsible for the peace time management of the border with Pakistan from Jammu and Kashmir in the north to Rann of Kutch in the south.
Jamwal had joined the BSF in 1984 as an Assistant Commandant (Direct Entry).
He has held important assignments both in command and staff, including a tenure in BSF Headquarters in New Delhi, and attended several training courses in India and abroad.
JIMEX: India, Japan 3-day Bilateral Maritime Exercise Held in Arabian Sea
The fifth edition of India-Japan Maritime Bilateral Exercise, JIMEX, between the Indian Navy and the Japan Maritime Self-Defence Force, was held in Arabian Sea. Indigenously built Guided Missile Stealth Destroyer Kochi and Guided Missile Frigate Teg, under the command of Rear Admiral Ajay Kochhar, Flag Officer Commanding Western Fleet, represented the Indian Navy in the three-day exercise. The Japanese Maritime Self-Defence Force was represented by JMSDF ships Kaga, an Izumo Class Helicopter Carrier and Murasame, a Guided Missile Destroyer, led by Rear Admiral IkeuchiIzuru, Commander Escort Flotila - 3 (CCF-3). In addition to ships, P8I Long Range Maritime Patrol Aircraft, Dornier Maritime Patrol Aircraft, integral helicopters and MiG 29K fighter aircraft also participated in the exercise.
The aim of JIMEX-21 was to develop common understanding of operational procedures and enhance inter-operability through conduct of a multitude of advanced exercises, across the entire spectrum of maritime operations.
JIMEX series of exercises commenced in January 2012. The last edition of JIMEX was conducted in September 2020.
Nobel Physics Prize Goes to 3 for Work on Complex Physical Systems
Japanese-born American Syukuro Manabe, German Klaus Hasselmann, and Italian Giorgio Parisi won the 2021 Nobel Prize for Physics for work that helps understand complex physical systems such as Earth's changing climate.
In a decision hailed by the UN weather agency as a sign of a consensus forming around man-made global warming, one half of the 10-million Swedish crown ($1.15-million) prize went in equal parts to Manabe and Hasselmann for modelling earth's climate and reliably predicting global warming.
The other half went to Parisi for discovering in the early 1980s "hidden rules" behind seemingly random movements and swirls in gases or liquids, which can also be applied to aspects of neuroscience, machine learning and starling flight formations.
T. Shanmuganantham Conferred the 'International Researcher Award 2021
T. Shanmuganantham, Associate Professor, Department of Electronics Engineering, Pondicherry University, has been conferred the 'International Researcher Award 2021' from International Research Association, England, United Kingdom (UK).
The award is in recognition of research contributions of Mr. Shanmuganantham spanning 20 years. This includes 285 Scopus publications as per Scopus database, 112 Web of Science Publications, 115 Articles in ORCID and 30.02 Research Gate points.
The award was presented at a virtual ceremony.
The International Research Association has instituted the awards to honour researchers for excellence in various fields of science and technology.
M. Venkaiah Naidu Presents Lokapriya Gopinath Bordoloi Award
Vice President of India, M. Venkaiah Naidu presented Lokapriya Gopinath Bordoloi Award for National Integration and National Contribution. This award was conferred to eminent writer Nirode Kumar Barooah, Assam Branch of the Kasturba Gandhi National Memorial Trust and Shillong Chamber Choir at a special function in Guwahati. The award carries a cash reward of Rs. 5 lakh, a citation, and a shawl. It is one of the biggest civilian awards of Assam.
This award was instituted by the Assam government in memory of the state's first Chief Minister Gopinath Bordoloi.
The Assam branch of the Kasturba Gandhi National Memorial Trust was founded by Mahatma Gandhi on 9th January 1946.
Comprehensive Handicrafts Cluster Development Scheme
Ministry of Textiles approved the continuation of Comprehensive Handicrafts Cluster Development Scheme (CHCDS).
CHCDS scheme was approved with a total outlay of Rs. 160 crore.
Scheme would continue up to March 2026 now.
Under the scheme, infrastructural support, design and technology upgradation, market access etc will be provided to handicrafts artisans.
CHCDS scheme was launched to create world-class infrastructure which will caters to the business needs of local artisans & SMEs in order to boost production and export. These clusters have been set with the objective of assisting the artisans & entrepreneurs in setting up world-class units with modern infrastructure, adequate training, latest technology, and human resource development inputs. It is also coupled with market linkages and production diversification.
Governor Rajendra Vishwanath Arlekar released a book titled 'Devdhara: Himachal Pradesh' written by Dr. Rachna Gupta, a member of the Public Service Commission, and published by the National Book Trust.
As per Rajendra Vishwanath Arlekar, the book would act as a ready reckoner not only for the people of Himachal but also for tourists, as it narrates the history of all 12 districts and informs about all sectors since the inception of the state in 1971.
The details of development of Himachal in the past 50 years in various sectors have been incorporated in the book. It also mentions the Simla Agreement, visits of Mahatma Gandhi, right to vote for women, and the struggle for becoming an independent state that make it interesting to read.
Ministry of Tourism Organises Conference on Buddhist Crcuit
The Ministry of Tourism is organising a "Buddhist Circuit Train FAM Tour and Conference in a bid to tap the potential of the Buddhist tourism.
The FAM tour will comprise of the visit of prominent Buddhist sites as well as conferences at Bodh Gaya and Varanasi.
This conference is likely to be attended by 125 delegates including tour operators, media, hoteliers, and officials of Ministry of Tourism & State Governments.
Around 100 local tour operators and other stakeholders of tourism & hospitality sector will attend the event at Bodh Gaya and Varanasi for discussing the key issues with respect to the development and promotion of tourism in the circuit.