Deakin University becomes 1st foreign university to set up at GIFT City.

  • Deakin University (Australia) has become the 1st foreign university to receive the International Financial Services Centres Authority (IFSCA)'s approval to set up an International Branch Campus in GIFT City.
  • During Budget 2023-24, Finance Minister announced that the World Class Foreign Universities and Institutions would be allowed in GIFT City.
  • The in-principle approval was based on the recommendation of the Committee of Experts set up by GIFT City Company Ltd.

Asian Chess Federation confers D Gukesh with Player of the Year award.

  • 60th Indian GM D Gukesh was honored with the Player-of-the-Year award 2023 by the Asian Chess Federation (ACF) for winning the gold medal with a record-breaking score of 9/11 in the 44th Chess Olympiad at Mahabalipuram.
  • Other awardees:
    • Most Active Federation: All India Chess Federation
    • Man-of-the-Year: Tamil Nadu CM M K Stalin
    • Best Women’s team of the Year: Indian women’s team
    • Men’s Coach-of-the-Year: GM R B Ramesh
    • Women’s Coach-of-the-Year: GM Abhijit Kunte

New India Assurance becomes 2nd company to offer surety bonds.

  • New India Assurance has become the second domestic insurance company to launch surety insurance bonds.
  • Surety bond insurance acts as a security arrangement for infrastructure projects and will insulate the contractor as well as the principal.
  • These bonds are legally enforceable tripartite contracts that guarantee compliance, payment, and performance.
  • The issuing insurer provides a guarantee, for a premium, in case of a default in the execution of a project.

Mansukh Mandaviya released book "India’s Vaccine Growth Story".

  • Health Minister Dr. Mansukh Mandaviya released the book India’s Vaccine Growth Story- From Cowpox to Vaccine Maitri at World Book Fair in New Delhi.
  • Additional Secretary of Finance Ministry Sajjan Singh Yadav has authored the book.
  • Dr. Mandaviya also urged the writers to inculcate research-based documentation.
  • The research-based documentation reflects knowledge and science that have proven exemplary in times of crisis.

Govt to launch Seed Traceability System.

  • During the Indian Seed Congress event, organized by the National Seed Association of India, Agriculture Minister Narendra Singh Tomar said that the government would soon launch a seed traceability system.
  • Reason: To ensure the availability of good quality seeds to the farmers.
  • This system will help to curb the pilferage in the seed trade sector.
  • India is in the leading position in agriculture but needs to be self-sufficient in oilseeds and cotton areas.

Post a Comment

Please do not add any SPAM links or unrelated text in comments.

Previous Post Next Post