IndiaFirst Life Insurance Company Limited, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), has announced its tie-up with Oxigen Services India Pvt. Ltd., to establish the distribution of its insurance products at Oxigen retail outlets. Oxigen is one of the leading providers of money transfers and prepaid recharges as low as Rs. 10. |
Source- ANI News |
P K Shrivastava took over the reins of the Ordnance Factory Board as its new Director General and Chairman. Shrivastava was earlier the additional director general of ordnance factories and member at OFB. He was also in-charge of OFB's Armoured Vehicles headquarters at Avadi in Chennai. Shrivastava joined Indian Ordnance Factories' Service in 1982. |
Source- Business Standard |
Senior bureaucrat Saraswati Prasad has taken over the additional charge as chairman and managing director of steel PSU Steel Authority of India Limited (SAIL). Mr Prasad succeeds P K Singh who retired recently. |
Source- The Moneycontrol |
The Agriculture and Farmers’ Welfare Minister Radha Mohan Singh has notified the "National Policy on Marine Fisheries, 2017", which will guide the development of marine fisheries sector for the next 10 years. It was announced at the inter-session meeting of the consultative committee of the Ministry of Agriculture and Farmers’ Welfare on “Marine Fisheries-Mariculture in India” in Rameswaram, Tamil Nadu. The government has also included a sub-component namely, 'Assistance for Deep-Sea Fishing' under 'Blue-Revolution'. Under this scheme, traditional fishermen, their associations/organizations or self-help groups are provided with central financial assistance upto 50% of the cost of the vessels i.e. Rs 40 lakh for 'Deep-Sea Fishing Vessels'. |
Source- Press Information Bureau (PIB) |
Numaligarh Refinery Ltd (NRL) in Assam became first oil public sector undertaking (PSU) in India to adopt an online legal compliance system by introducing ‘Legatrix‘. This initiative aims to induce greater transparency NRL’s operations and augment its contribution towards Digital India Mission of the Government. |
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Major General VD Dogra became the first serving Indian Army officer and the only General across the world to have completed a gruelling ‘Ironman’ competition held in Austria. The Ironman is an international triathlon consisting of three consecutive events- 3.8 km of swimming, 180 km cycling and 42.2 km of running (a full marathon). It is considered the toughest one-day sporting event in the world. The competitors have to complete the events in sequence within 17 hours to earn the title of ‘Ironman’. Maj Gen Dogra completed the event in 14 hours and 21 minutes. |
Source- The Economic Times |
The Delhi government launched 'Happiness Curriculum' for school students up to class 8. The Dalai Lama, Delhi Chief Minister Arvind Kejriwal and Deputy Chief Minister and education department in-charge Manish Sisodia were present at the occasion. The 'Happiness Curriculum' was termed as the third stage of reforms in the education sector initiated by his government after infrastructure development and motivation of teachers at the government schools. |
Source- The Hindu |
Red Bull’s Max Verstappen won the Austrian Grand Prix 2018 title in Austria. Ferrari’s Kimi Raikkonen finished in the second spot. Ferrari’s Sebastian Vettel finished in the third spot. Mercedes’ Lewis Hamilton retired from the race due to a mechanical issue in his car. |
Source- BBC News |
Australian captain Aaron Finch slammed 172(76) against Zimbabwe to register the highest-ever individual score in T20Is, overtaking his own record of 156 runs. The 31-year-old opener smashed 10 sixes and 16 fours in his knock before getting out hit-wicket. Finch and D'Arcy Short shared a 223-run opening stand, which is the highest-ever partnership for any wicket in T20Is. |
Source- NDTV News |
The Union Government has constituted 13-member Committee for Sub-National Accounts to upgrade the norms for computation of economic data at states and districts level in backdrop of plans to revise the base year for National Accounts or Gross Domestic Production (GDP) calculation. It will be headed by Ravindra H Dholakia, a retired professor of IIM Ahmedabad. |
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