24 June, 2020
Ministry of Sports to Establish 1000 District Level Khelo India Centres to Engage Former Champions in training
The Ministry of Sports, government of India has decided to establish around 1000 district level Khelo India centers (KIC) all over the nation to engage the former champions in sports training and to ensure a source of income for them in the sports.
FPI Minister Harsimrat Kaur Launches Food Processing Edition of Exclusive Investment Forum Hosted by Invest India
The Union Minister of Food Processing Industries (FPI) Harsimrat Kaur Badal has launched the Inaugural Session of Food Processing Sector Edition of the Exclusive Investment Forum hosted by Invest India.
About Ministry of Food Processing Industries (FPI):
Headquarters– New Delhi
Minister of State (MoS)- Rameswar Teli
Centre to allocate Rs 3,000 crore from PM CARES for ventilator supply & migrants welfare
The Central Government is all set to allocate Rs 3,000 crore from the PM CARES Fund for supply of ventilators and for the welfare of migrant labourers.
In March 2020, the Centre set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES) as a public charitable trust with the primary objective of dealing with any kind of emergency or distress situation, like COVID-19 and to provide relief to the affected.
1st Online Edition of Cannes Film Market 2020 Launched; Virtual India Pavilion Inaugurated by Union Minister Prakash Javadekar
The Cannes Film Festival launched the 5 days long first online edition of Marché du Film 2020 (Cannes Film Market) which will continue till June 26, 2020. Marché du Film is the business arm of Cannes Film Festival.
RBI Extends Rs 50,000 Crores Special Liquidity Window for YES Bank by 3 months
The Reserve Bank of India(RBI) extended a special liquidity window for Rs 50,000 crores to Yes Bank for three months, to help private lenders cover for shortfall in deposits.
MD and CEO– Prashant Kumar
Headquarters- Mumbai, Maharashtra
Tagline– Experience Our Expertise
Karnataka Bank launches ‘KBL Micro Mitra’ for MSMEs
Karnataka Bank launched a new product ‘KBL Micro Mitra’ for Micro, Small and Medium Enterprises(MSMEs). This product will provide financial assistance up to Rs 10 lakhs to the Micro manufacturing and service enterprises for working capital or for investment purposes.
About Karnataka Bank:
Headquarters– Mangaluru(Mangalore), Karnataka
Managing Director & Chief Executive Officer– Mahabaleshwara M S
IIT Bombay Researchers Develops Chip ‘Dhruva’ to Navigate Location
Researchers at IIT (Indian Institute of Technology) Bombay led by Rajesh Zele from the Department of Electrical Engineering have created a chip named ‘Dhruva’ that can be mounted in smartphones and navigation devices to find places and routes within the country.
i.Dhruva sends and receives radio signals to India’s NAVIC group of navigation satellites (i.e 36,000 km above the earth’s surface) as well as GPS-based satellites to accurately determine these under all weather conditions.
About IIT Bombay:
Location– Mumbai, Maharashtra
Director– Subhasis Chaudhuri
The Reserve Bank of India(RBI) extended a special liquidity window for Rs 50,000 crores to Yes Bank for three months, to help private lenders cover for shortfall in deposits. Yes Bank: MD and CEO– Prashant Kumar Headquarters- Mumbai, Maharashtra Tagline– Experience Our Expertise
China has successfully launched the last Satellite of its BeiDou Navigation Satellite System (BDS), The satellite was launched from the Xichang Satellite Launch center in Sichuan Province.
President: Xi Jinping