Roberta Metsola Re-elected as European Parliament President
MEPs re-elected Roberta Metsola (EPP, MT) as President of the European Parliament until 2027.
Roberta Metsola won the election in the first round of voting, where she received an absolute majority of 562 votes cast out of 699 by secret paper ballot, among two candidates. She will continue to lead Parliament for the first two and a half years of the 10th legislative term.
Born in Malta in 1979, Roberta Metsola has been an MEP since 2013. She was elected First Vice-President in November 2020, and was Parliament's acting President after President Sassoli passed away on 11 January 2022. On 18 January 2022, she was elected President for the second half of the 9th legislative term. She is the third female President of the European Parliament, after Simone Veil (1979-1982) and Nicole Fontaine (1999-2002).
India's External Affairs Minister Strengthens Ties with Mauritius
S. Jaishankar inaugurated the India-Mauritius Maitree Udyan in Port Louis, the capital city of Mauritius. This park, whose name translates to "Friendship Garden," stands as a testament to the enduring relationship between the two nations. The inauguration ceremony was graced by the presence of Maneesh Gobin, the Foreign Minister of Mauritius, underlining the bilateral nature of this initiative.
As part of the inauguration, S. Jaishankar planted a tree in the Maitree Udyan. This symbolic act not only represents the growth of India-Mauritius relations but also aligns with global efforts towards environmental conservation.
ADB Approves $240.5 Mn Loan for Rooftop Solar Systems in India
The Asian Development Bank (ADB) approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy. The ADB announced that this financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program, initially approved by ADB in 2016. In 2023, the program was restructured to focus specifically on deploying residential solar rooftop systems.
The approved financing will be allocated to the State Bank of India (SBI) and the National Bank for Agriculture and Rural Development (NABARD). These institutions will provide loans to developers and end-users throughout India for the installation of rooftop solar systems.
Kantar: Google, Tata Motors Top 'Most Inclusive' Brands in India
According to a report released by leading marketing data and analytics firm, Kantar, a staggering 68 per cent of Indians claim to have been discriminated against, and in a majority of cases in commercial places and brand touchpoints, which is substantially higher than the global figure which stands at 46 per cent.
Kantar's Brand Inclusion Index 2024 is a survey of more than 23,000 people in 18 countries; the India leg comprises 1,000-plus respondents with an inclusive demographic.
The first edition of the India Brand Inclusion Index study explores skincare, banking, automotive and technology categories. The India index ranked Google, Tata Motors, Amazon, Jio and Apple as the top five 'most inclusive' brands. The brands were recognised by consumers for demonstrating a genuine commitment to Diversity, Equity & Inclusions (DEI) initiatives.
LIC Enters Into Tie-Up with IDFC First Bank under Corporate Agency Arrangement
Continuing with its endeavor to increase the contribution of bancassurance and its pursuit to provide life insurance coverage to all by 2047. Life Insurance Corporation (LIC) of India tied-up with one of the best technologically advanced and promising banks in the country, IDFC First Bank Ltd, under Corporate Agency Arrangement.
This tie-up will facilitate more than 1 crore customers of IDFC First Bank who will now be able to buy LIC policies through the Bank. The journey of digital on-boarding has already started and is in development phase and once completed, customers will be able to buy LIC policies online by visiting Bank's website.
HSBC Holdings Plc appointed its Chief Financial Officer Georges
HSBC Holdings Plc appointed Georges Elhedery as its next Chief Executive Officer (CEO), opting for continuity as it tries to kickstart growth.
Elhedery who becomes HSBC's third Chief Executive Office in less than eight years, will replace outgoing head Noel Quinn from Sept. 2. While the 160-year-old lender did consider external candidates, it has traditionally appointed its CEO from within.
Elhedery began his career in banking as a rates trader before joining HSBC in 2005. He led HSBC's Middle Eastern, North Africa and Turkey region between July 2016 and February 2019.
After that, he was the co-head of the Global Banking and Markets business, the division that houses HSBC's trading and investment banking advisory businesses.
In October 2022, he was unexpectedly appointed CFO.
Indian Teenager Aarav Dengla Wins Oldest French Chess Tournament
Indian teenager Aarav Dengla won the 2024 Grand Paris Masters Championship, the oldest French chess tournament. The tournament was conducted outside the capital city for the first time due to the upcoming Olympic Games.
Held at the Blanche de Castille High School in Villemomble outside Paris, the Masters chess event had 250 players in contention for the coveted title. The 15-year-old Dengla took the spotlight in the Masters tournament.
India Releases $2.5 Million in Aid for Palestine Refugees
The Indian government released the first tranche of USD 2.5 million to the United Nations Relief and Works Agency for Palestinian Refugees in the Near East (UNRWA) as part of its annual contribution of USD 5 million for the year 2024-25. The UNRWA, which has carried out direct relief and works programmes for registered Palestinian refugees since 1950, is making efforts to keep up its functioning in the middle of the Israel-Hamas war in Gaza.
Over the years, in its endeavour to support the Palestinian refugees and their welfare, India has provided financial support to the tune of USD 35 million till 2023-24 for the UN agency's core programmes and services, including education, healthcare, relief and social services provided to Palestinian refugees.
Poll Body Gives Aggrieved Candidates Choice on How They Want To Check EVMs
Aggrieved candidates, who have applied for Supreme Court-directed checking of EVMs for tampering post Lok Sabha and assembly results, have been given various choices by the Election Commission, including picking machines from any polling station in an assembly segment and opting for a mock poll and mock VVPAT slip count.
According to standard operating procedure issued by the Election Commission, the candidates who came number two and three have been given a vast number of random tests to choose from.
The Election Commission said that by going beyond controlled environment check and verification process of burnt memory eliminates the possibility or apprehension of any bias or hidden functionality in the firmware.
The Election Commission has received eight applications from aggrieved candidates, including those from the BJP and the Congress, for verification of tampering or modification in micro-controller chips embedded in the EVMs post declaration of the Lok Sabha election results on June 4.
Uttarakhand's eSwasthya Dham Portal Integrates with Ayushman Bharat Digital Mission
In a significant stride towards enhancing digital healthcare infrastructure, the Uttarakhand government successfully integrated its eSwasthya Dham portal with the Ayushman Bharat Digital Mission (ABDM). This integration marks a crucial step in improving health monitoring and management for pilgrims undertaking the revered Char Dham Yatra, while also aligning with India's broader digital health initiatives.
Launched in September 2021 as a central sector scheme, the Ayushman Bharat Digital Mission aims to create a unified digital health infrastructure across India. This ambitious project seeks to revolutionise healthcare delivery by leveraging technology to improve accessibility, efficiency, and transparency in health services.
The eSwasthya Dham portal plays a crucial role in monitoring the health parameters of pilgrims embarking on the Char Dham Yatra. This spiritual journey, which includes visits to Yamunotri, Gangotri, Kedarnath, and Badrinath, often presents health challenges due to high altitudes and harsh weather conditions.
Haryana Announces 10% Job Quota, R. 60,000 Subsidy for Agniveers
The Haryana government announced a 10 per cent quota for Agniveers in posts of constable, mining guard, forest guard, jail warden and special police officer. Haryana Chief Minister Nayab Singh Saini also said that the government will offer a subsidy of Rs. 60,000 per annum to the industrial unit that pays an Agniveer a salary of Rs. 30,000 per month.
The Haryana government promised an age relaxation of 3 years in the maximum age prescribed for government posts in Groups B and C for Agniveers.
In the case of the first batch of Agniveers, this age relaxation will be 5 years.
The Haryana government will provide 5 per cent horizontal reservation for Agniveers in direct recruitment to civil posts in Group C and 1 per cent horizontal reservation in Group B.
India Releases Fresh 'Positive Indigenisation List' to Boost Domestic Defence Manufacturing
India announced a fresh list of 346 military hardware items that will only be procured from state-run domestic manufacturers after a ban on their import kicks in under a staggered timeline. This is part of a broader initiative to boost domestic defence industries and reduce import dependence.
Over 12,300 items have been indigenised in the past three years.
The indigenisation of these 346 items is worth Rs. 1,048 crore.
The items will be produced by Defence Public Sector Undertakings (DPSUs) through various routes, including in-house development.
The initiative aims to enhance investment in defence and reduce import dependence.
Dr. M. S. Valiathan, renowned cardiac surgeon and the founder-director of Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), passed away in Manipal. He was 90.
His remarkable career as a cardiac surgeon and his significant contributions to laying the foundation for the nation's Indigenous medical technology development are written in golden letters throughout history.
He was instrumental in establishing SCTIMST as an institute of national importance in 1976. He headed the Department of Cardiovascular and Thoracic Surgery for twenty years from the inception of SCTIMST till May 1994.
One of the highlights of his long career at SCTIMST and a flagship enterprise of the Institute, was the Indigenous development of the first-ever mechanical heart valve prosthesis of the nation, the TTK-Chitra valve. Dr. Valiathan himself and his team implanted the first valve at SCTIMST in 1990.
Every year on July 18, the world unites to celebrate Nelson Mandela International Day, honouring the life and enduring legacy of one of history's most inspiring figures. This day serves not only as a commemoration but as a global call to action, encouraging individuals and communities worldwide to embody Mandela's spirit of service and dedication to social justice.
Nelson Mandela International Day was officially declared by the United Nations in November 2009. The first official celebration was held on July 18, 2010, on Mandela's 92nd birthday. The UN General Assembly recognised the day to promote community service, social justice, and the fight against poverty.
The theme for 2024, 'It's still in our hands to combat poverty and inequality' resonates deeply with Mandela's lifelong commitment.
Maharashtra CM Eknath Shinde Announces Ladla Bhai Yojana
Maharashtra Chief Minister Eknath Shinde announced the 'Ladla Bhai Yojana' for boys in the state after announcing the 'Majhi Ladki Bahin Yojana' for girls. Speaking in Maharashtra's Pandharpur, Shinde reportedly said that the state government does not differentiate between boys and girls and that the 'Ladla Bhai Yojana' scheme will solve the unemployment issue.
The Ladla Bhai Yojana is for youths in Maharashtra who have passed the 12th grade.
Under this scheme, students who have completed their 12th grade will receive Rs. 6,000 per month. Meanwhile, students holding a diploma will receive Rs. 8,000 per month, while those who have graduated will be given Rs. 10,000 per month. Besides, the youth will also be given an opportunity to undergo a one-year apprenticeship in a factory, gaining valuable work experience that will help them secure jobs based on that experience.
UGC's ASMITA Project: 22,000 Indian Language Books to Transform Higher Education
The Ministry of Education and the University Grants Commission (UGC) unveiled an ambitious project aimed at enriching the landscape of Indian language literature in higher education. This groundbreaking initiative, known as ASMITA (Augmenting Study Materials in Indian Languages through Translation and Academic Writing), sets out to develop an impressive 22,000 books in Indian languages over the next five years.
ASMITA represents a collaborative effort between the UGC and the Bharatiya Bhasha Samiti, a high-powered committee under the Ministry of Education. The project's primary objective is to promote Indian languages in education, addressing the long-standing need for quality academic resources in regional languages.
The project was officially launched by Sanjay Murthy, Secretary of Higher Education, marking a significant milestone in India's educational landscape. This initiative aligns closely with the objectives of the National Education Policy (NEP), which emphasizes the importance of multilingual education and the preservation of India's rich linguistic heritage.
IIM-Bangalore Reclaims Title as India's Top Business School: QS Executive MBA Rankings 2024
Global education analyst Quacquarelli Symonds released the 2024 edition of the QS Executive MBA Ranking, in which the Indian Institute of Management (IIM) Bangalore emerged as the top business school in India.
With a global rank of 41 (an improvement of two ranks from 2023), IIM Bangalore was crowned as the best management school in the country, followed by the Indian School of Business (ISB) at the second spot. However, ISB has slipped from its last year's rank of 100 to the range of '101-110' this year.
IIM Kozhikode and Institute of Management Technology, Ghaziabad achieved the third and fourth rank respectively, by getting a rank in the '171-180' range. These are followed by IIM Indore and Woxsen School of Business at the fifth and sixth rank respectively, with a spot in the '181+' rank range.
Centre Notifies Appointment of Justice D. Krishnakumar As Acting Chief Justice Of Madras High Court
The Central Government appointed Justice D. Krishnakumar, the senior most judge of the Madras High Court as the next Acting Chief Justice of Madras High Court. The appointment came after the Government cleared the appointment of Justice R. Mahadevan, the current Acting Chief Justice of Madras High Court, as a judge of the Supreme Court.