Month: May 2023

Hyderabad gears up for Mega ‘Yoga Mahotsav

Manish Kumar

Moraji Desai National Institute of Yoga (MDNIY), under the Ministry of Ayush, is organising a mega ‘Yoga Mahotsav’ at the NCC Parade Ground here tomorrow; i.e., 27th May, 2023. The event is an attempt to commemorate 25 days to the International Day of Yoga which is going to be celebrated at Jabalpur in Madhya Pradesh on 21 June, 2023. This was announced by the Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal while addressing a press conference here today. Speaking on the occasion, the Shri Sarbananda Sonowal also announced…

The visit to be the first-ever by an Indian Defence Minister to the West African nation

Manish Kumar

Raksha Mantri Shri Rajnath Singh will visit Nigeria between May 28-30, 2023 to attend the swearing-in ceremony of the President-elect of the West African nation Mr Bola Ahmed Tinubu. Shri Rajnath Singh will attend the swearing-in ceremony at Eagle Square in Abuja on 29th May. He will also meet the outgoing Nigerian President Mr Muhammadu Buhari during a reception hosted by him on 28th May. This will be the first-ever visit of an Indian Defence Minister to Nigeria. The Raksha Mantri’s visit will be an important landmark in building the strong bonds…

chair 8th NITI governing council meeting today at new Convention Centre in Delhi PM Modi

Manish Kumar

NITI Aayog Meeting: Prime Minister Narendra Modi will preside over the meeting as the chairman of NITI Aayog. This 8th Governing Council Meeting is being held in the backdrop of India’s G20 Presidency. Prime Minister Narendra Modi will chair the eighth governing council meeting of Niti Aayog on Saturday at Pragati Maidan in New Delhi. The meeting will be held in the new Convention Centre on the theme of ‘Viksit Bharat @2047: Role of Team India’. PM Modi will preside over the meeting as the chairman of NITI Aayog. In…

Schedule of new Parliament building inauguration on May 28: Early morning havan to multi-religion prayer

Manish Kumar

The new Parliament building will be inaugurated by Prime Minister Narendra Modi on May 28. The ceremony will begin with a havan and puja and end with an address by PM Modi. The entire event has been planned in two phases which include puja, installation of the ‘Sengol’, screening of two short films, and release of a commemorative coin and stamp. Various rituals according to the Vedas will also be performed ahead of the inauguration. The full schedule of new Parliament building inauguration: The program will commence at 7 am…

Ukraine War Could Last for Decades: Former Russian President

Manish Kumar

Former President Dmitry Medvedev, A top ally of Vladimir Putin said the Ukraine war could last for decades.  Medvedev last month described Ukrainian authorities as an infection, and he reiterated Moscow’s claim that Ukraine is a Nazi state. In January, he said if Russia were defeated it could trigger a nuclear war.  In the meantime, Russian authorities have confiscated the Ukrainian President’s $800,000 (over ₹6 crores) apartment in annexed Crimea.  Latest update as of now reported that Ukraine shot down 10 missiles and over 20 drones launched by Russia in…

The ruler of Dubai approved the “Dubai Master Plan for Public Beaches” to increase the beaches by 400 %.

Manish Kumar

Sheikh Mohammed bin Rashid Al Maktoum approved the “Dubai Master Plan for Public Beaches” which aims to increase the total length of public beaches in the emirate by 400 percent.  The plan, a part of the Dubai 2040 Urban Master Plan, features the opening of new beaches and the development of existing ones with advanced facilities.  Under the Master Plan public beaches spanning 84 km will be added to cater to the growth in the emirate’s population and the influx of tourists from all over the world.  The ‘Dubai Master Plan…

Murty Trust pledges support to Reach to Teach Foundation

Manish Kumar

Mumbai, May 26, 2023: Reach to Teach Foundation has been given a five-year grant of INR 5 Crore by the Murty Trust, which is the family foundation of Mr. Narayana Murthy and Mrs. Sudha Murty. The grant is to support the Comprehensive School Transformation Programme that Reach to Teach is rolling out in the North-East. The grant will provide seed support and strengthen Reach to Teach’s ability to deliver a credible and sustainable programme.    Reach to Teach primarily partners with the Education Department of State Governments and works closely with other stakeholders such as…

Few Australian universities ban Indian students amid concerns over visa fraud

Manish Kumar

The Australian universities asked the education agents to not consider students from Punjab, Haryana, Uttarakhand, Uttar Pradesh, and the Union Territory of Jammu and Kashmir.  The report indicated that one in four applications is now deemed “fraudulent” or “non-genuine” by the country’s Department of Home Affairs.  It is pertinent to mention, the ban was announced prior to Prime Minister Narendra Modi’s three-day visit to Australia.  Western Sydney University informed that they could no longer recruit students from Punjab, Haryana, and Gujarat, citing a large number of Indian students who started…

Reliance acquired a 51% stake in Lotus Chocolate Company for 74Cr

Manish Kumar

Reliance Consumer Products (RCPL) has completed the acquisition of a 51-percent controlling stake in Lotus Chocolate Company, for an aggregate consideration of Rs 74 crore.  Isha Ambani, Executive Director of RRVL, said that the investment underscores Reliance’s commitment to further boost indigenously developed daily use high-quality products.  Reliance Retail Ventures operates an integrated omnichannel network of 18,040 stores and digital commerce platforms across grocery, consumer electronics, fashion and lifestyle, and pharma consumption baskets.  Lotus Chocolate Company manufactures chocolates, cocoa products, and cocoa derivatives. This BSE-listed company has a fully integrated…

World’s 4th largest economy Germany, enters recession as GDP falls, inflation hurts spending

Manish Kumar

Germany, World’s Fourth Largest Economy, Enters Recession.  Germany’s economy contracted slightly in the first quarter and thereby was in recession after negative growth in the fourth quarter of 2022.  Escalating signs of economic malaise in Europe sent the euro to multi-month lows against the dollar. The latest sign of weakness out of Europe came from Germany, where the economy contracted.  The U.S. dollar index, which measures the currency against six major peers and is heavily weighted towards the euro.  The Chinese yuan renewed a six-month low, dropping to 7.0903 per…