Canada Launches 'Digital Nomad Strategy' for Foreign Workers
Canada took a proactive approach to address its shortage of skilled workers, particularly in the tech industry. During Collision's tech conference in Toronto, the country's immigration minister launched of a 'digital nomad strategy' aimed at attracting talented individuals from around the world.
Under the digital nomad strategy, foreign workers are permitted to stay in Canada for up to six months. If they receive job offers during their stay, they have the opportunity to extend their time in the country. This initiative is designed to alleviate the shortage of skilled professionals in Canada's tech sector.
Canada aims to strike a balance between labor demand and supply by allowing skilled workers to remain in the country, contributing to its economic growth, and making investments within local communities. In addition to addressing the current shortage, the government is focused on long-term solutions, such as extending visa permits for international workers in Canada.
Turkmenistan Unveils a Futuristic City in Honour of Former President
Turkmenistan presented former President Gurbanguly Berdymukhamedov with a special gesture, giving other nations a beautiful takeaway.
The country unveiled a new, futuristic smart
The city named Arkadag, an unofficial title given to Berdymukhamedov by the country's media, where 'Arka' means "behind" and "dag" means "protector."
This new, smart city can house 73,000 people.
It took a whopping $3.3 billion to establish it and the authorities are planning to spend more in a few years down the line.
Canara Bank Offers UPI Payments through RuPay Credit Cards
Bengaluru-based Canara Bank became the first public sector bank in India to introduce UPI (Unified Payments Interface) payments for merchants through its RuPay Credit Card. This exciting feature is now accessible within the bank's 'Canara ai1' Banking Super App, thanks to a partnership with the National Payments Corporation of India (NPCI).
This development means that Canara Bank customers can now make UPI payments to merchants directly from their RuPay Credit Cards. Customers will have to link their Canara Bank RuPay Credit Cards to their UPI IDs, to conduct credit card transactions using this secure and seamless digital payment method.
ICICI Lombard General Insurance and ICICI Prudential Life Insurance jointly launched a combi product, 'iShield', which provides customers with both health and life insurance under the use and file procedure.
The use and file procedure allows an insurer to launch a product without prior approval of the regulator. A combi product offers benefits of a life insurance, along with that of general or other insurance covers.
'iShield' will enable customers to take care of expenses required for medical treatments.
Canara Bank Offers UPI Payments through RuPay Credit Cards
Virgin Galactic Successfully Completes Its First Manned Mission to the Edge of Space
Virgin Galactic, the space venture established by British entrepreneur Richard Branson, achieved a significant milestone as it successfully completed its first manned mission to the edge of space. The inaugural commercial flight marked a momentous achievement for Virgin Galactic after two decades of dedicated efforts.
The mission featured two Italian Air Force personnel who were funded by the organisation. Colonel Walter Villadei, who is also slated for a future paid SpaceX mission to orbit, and Lieutenant Colonel Angelo Landolfi, a physician trained as a crew surgeon for Russian cosmonauts, were among the passengers.
Unlike its competitor Blue Origin, founded by Jeff Bezos, this particular mission had a research-oriented focus rather than catering to celebrities and affluent thrill-seekers.
Wozniacki, Former World No. 1, Announces Return to Tennis
Caroline Wozniacki is set to make a comeback to tennis after the former world number one said that she was ready to return to the Tour having retired from the sport in 2020 to start a family.
Danish player Wozniacki spent 71 weeks at the top of the world rankings and finished with 30 singles titles - including a Grand Slam crown at the Australian Open in 2018.
Wozniacki said she would first play at the Canadian Open in Montreal in August to get back into the groove before targeting the U.S. Open while her long-term goal is the 2024 Olympics in Paris.
India to Organise 3-Day Global Conference on Green Hydrogen
The central government will organise a three-day international conference on green hydrogen in the national capital on July 5-7.
The event to be held at Vigyan Bhawan, will bring together the global scientific and industrial community to discuss recent advances and emerging technologies in the entire green hydrogen value chain.
The conference will enable the sector stakeholders to explore the evolving green hydrogen landscape and innovation-driven solutions in the sector.
Apart from domain-specific research interactions on hydrogen production, storage, distribution and downstream applications, the conference will also discuss green financing, human resource up skilling and start-up initiatives.
India, Israel to Boost ties in Agriculture
India and Israel are forging a robust partnership in the field of agriculture, focusing on advanced technological solutions. Through collaborative efforts, both countries aim to enhance agricultural productivity, conserve water resources and promote sustainable farming practices to convert 150 villages into model villages through Israeli technical support on key agri-technologies.
Israeli institutions and the Indian Council of Agricultural Research (ICAR) are collaborating to advance agricultural technology.
Focus areas include water reuse, fertigation, drip irrigation, soil management, desalination, and advanced filtration.
Cooperation extends to areas like soilless agriculture, rainwater collection and treatment systems, and water security technologies.
India, Tanzania Agree on Five-year Roadmap for Defence Cooperation
India and Tanzania finalised a five-year roadmap to expand overall bilateral defence cooperation including in areas of infrastructure building and collaboration in military equipment and technology.
Both sides agreed on the roadmap at the second edition of India-Tanzania Joint Defence Cooperation Committee (JDCC) meeting that was held in Arusha, Tanzania.
During the meeting, the two sides discussed a wide range of opportunities for collaboration with a view to enhancing security in the Indian Ocean Region.
National Doctor's Day, which takes place on July 1 in India, is a special day that is commemorated worldwide in different countries on various dates. In India, a single person inspired the creation of their national version of National Doctor's Day. He was Dr. Bidhan Chandra Roy, and he was one of India's most well-known and respected doctors. Every year, on July 1, the life and achievements of this incredible man are celebrated, and the millions of health care workers, patients, and medical organizations are honoured.
Chartered Accountants Day
The Chartered Accountants' Day or CA Day is held on July 1 every year in India. It is also known as ICAI Foundation Day. The day is marked to commemorate the foundation of the Institute of Chartered Accountants of India.
The Chartered Accountants' Day honours the founding of the Institute of Chartered Accountants of India (ICAI), the second-largest accounting organization in the world and the country's first national professional accounting body. It was created on July 1, 1949, as a statutory body by the Indian Parliament under the Chartered Accountants Act.
World Bank President Ajay Banga Named In 2023 List of Great Immigrants
Ajay Banga, the President of the World Bank, was named by a prestigious philanthropic organisation to its annual 'Great Immigrants' list of honourees who have enriched and strengthened America and its democracy through their contributions and actions.
Banga, who became World Bank chief in June 2023, is the first-ever Indian American to lead the institution. He is the only honouree from India in this year's (2023) list of 'Great Immigrants' by the Carnegie Corporation of New York.
As per Dame Louise Richardson, president of Carnegie Corporation of New York, the 'Great Immigrants' initiative is a tribute to the legacy of Andrew Carnegie, a Scottish immigrant who, like these honourees, found success in America, contributed enormously to his adopted country, and inspired others to do the same.
Carnegie Corporation of New York is a leading philanthropic foundation established by Scottish immigrant Andrew Carnegie and is now led by Irish immigrant Dame Louise Richardson. It celebrates the crucial role of naturalised citizens in making America a land of opportunity for all.
The Union Cabinet approved a total outlay of Rs. 3.70 lakh crore aimed at benefitting farmers through schemes.
Union Minister Mansukh Mandaviya said that the package has different components that are focused on the well-being and economic betterment of farmers by promoting sustainable agriculture.
The cabinet has approved the Urea Subsidy Scheme to ensure constant availability of urea to the farmers at the same price of Rs. 242/45 kg bag excluding taxes and neam coating charges.
Furthermore, he discussed the approval of the PM Programme for Restoration, Awareness Generation, Nourishment, and Amelioration of Mother Earth (PMPRANAM) as another aspect of the scheme.
National Exit Test for MBBS Students from Next May
The first National Exit test (NExT), a common licentiate examination to replace university-level final MBBS examination, National Eligibility-cum-Entrance Test-PG (NEET-PG) and Foreign Medical Graduate Examination (FMGE), will be conducted in May 2024.
Clearing this examination will be a must to receive a registration as a doctor to practice medicine in India. It will also serve as a test for postgraduate selections for all specialties.
The National Medical Commission (NMC) made this announcement in a virtual meeting with medical colleges across India.
The medical education regulator also announced that the first step of NExT or NExT-1, which will test students on theoretical aspects, will be held twice annually in May and November while NExT- 2 which will evaluate students on practical and clinical skills will be held once a year.
President Droupadi Murmu Launches New ICAI CA Syllabus
President Droupadi Murmu inaugurated the CA Foundation Day celebrations and launched the new syllabus of the Institute of Chartered Accountants of India (ICAI). The event, marking ICAI's 75th anniversary, took place at Siri Fort Auditorium in New Delhi.
The new syllabus introduced by ICAI incorporates modern topics like Artificial Intelligence and Blockchain, aiming to equip CA aspirants with future-ready skills in line with International Education Standards and the National Education Policy, 2020.
The launch of the new syllabus by President Droupadi Murmu signifies a significant step in preparing CA students for the challenges and opportunities of the future.
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