Indian Navy Conducts Annual Joint HADR Exercise CHAKRAVAT 2023
- Indian Navy Conducts Annual Joint HADR Exercise CHAKRAVAT 2023
- AJHE is the result of Prime Minister Narendra
Modi’s preference conveyed during the Combined
Commanders’ Conference in 2015
- To address the challenges posed by climate change
in the Indian Ocean Region (IOR), the Indian
armed forces conduct HADR operations as part of
India’s Security And Growth for All in the Region
(SAGAR) initiative.
- This exercise evolved the Indian armed force’s
assistance in disaster times as a collaborative
government approach that enhanced India’s
preparedness and response to natural disasters.
EU Approves World’s 1st Green Bond Standards to Avoid Greenwashing
- European Union (EU) lawmakers approved new standards for companies issuing “green” bonds to help
investors by enabling them to distinguish truly
sustainable companies from those engaged in
greenwashing or misleading climate-friendly
claims. These standards introduce the “European
Green Bond” label, representing a first-of-itskind global initiative.
- Europe has emerged as a global leader in the
issuance of green bonds, representing over 50%
of the total volume in 2021, issuance is still only
3% to 3.5% of the overall bond market
- Companies aiming to categorise their bonds as
“green” must disclose detailed information
regarding the use of bond proceeds. Companies
must allocate at least 85% of raised funds to
activities aligned with the EU’s sustainable
taxonomy.
- In addition to sustainable allocation, companies must demonstrate how these investments contribute to
their transition to a net-zero carbon emissions economy
- The new standards establish a registration system and supervisory framework for external reviewers of
European green bonds
Federal Bank Extends UPI Services to NRIs to Enhance Seamless Transaction
- Kerala based Federal Bank Limited has extended the Unified Payments Interface (UPI) integration for
Non-Residential External (NRE) clients through its mobile banking platform, FedMobile, to enhance
banking convenience for its Non-Residential Indian (NRI) clients
- With the integration of UPI, NRI clients can now make payments seamlessly using their NRE accounts in
regions where traditional payment methods may be limited.
- The plan has been approved by the National Payments Corporation of India (NPCI) for NRIs from
countries including Singapore, Australia, Malaysia, Canada, Hong Kong, Oman, Qatar, the United States
of America(USA), Saudi Arabia, the United Arab Emirates(UAE), and
the United Kingdom(UK).
- Any NRI customer with an Indian mobile number registered in the
Bank’s records can also avail of this facility, further enhancing
accessibility.
- With UPI on FedMobile, NRE clients can enjoy a wide range of
payment options, including Send Money, Scan N Pay, UPI Collect, and
UPI Mandate approvals, including those for Initial Public Offering
(IPO) Subscription.
- The feature will also be available on other UPI applications that support
global UPI transactions to offer flexibility to the users.
360 One Wealth Hurun India Rich List 2023: Mukesh Ambani Tops
“360 One Wealth Hurun India Rich List 2023”,
the 12th–anniversary edition of Hurun India
Rich List released in association with 360 One
Wealth, is topped by Mukesh Ambani(66),
Chairman of Reliance Industries limited(RIL).
Mukesh Ambani has regained the title as India’s
richest man with a wealth of Rs 8,08,700
crore.
Gautam Adani(61), Chairman of the Adani
Group, is ranked 2nd with a wealth of Rs
474800 crore. In 2022 Adani topped the list, he
was ahead of Ambani by a wealth gap of Rs 3
lakh crore.
With a wealth of Rs 2,78,500 crore, Cyrus
Poonawalla (82) retained the third position in
the list.
i.It featured 1,319 individuals from 138 different cities with Rs 1,000 crore, a surge by 219 i.e. a rise of 76%
over five years. This is the first time that the 1300 mark was broke.
ii.Manish Kejriwal of Kedaara Capital becomes the first Indian private equity fund manager on the list
with Rs 3,000 crore net worth.
About Hurun India:
Managing Director and Chief Researcher– Anas Rahman Junaid
Headquarters– Mumbai, Maharashtra
Establishment– 2012
International Day of the Girl Child 2023- October 11
United Nations (UN) International Day of the Girl Child(IDGC) is annually observed across the globe on
11 October to focus attention on the need to address the challenges girls face and to promote girls’
empowerment and the fulfillment of their human rights.
The theme of IDGC 2023 observed on 11th October 2023 is “Invest in Girls’ Rights: Our Leadership,
Our Well-being”.
The theme emphasises the need for the global community to go beyond making commitments and invest
boldly in the action needed to empower girls, safeguard their rights, and enhance their well-being.
Key Points:
- On December 19, 2011, the United Nations General Assembly (UNGA)
adopted a resolution A/RES/66/170 and declared October 11 of every year
as the International Day of the Girl Child.
- The first International Day of the Girl Child was observed on 11
October 2012.
ASDM of Assam Govt & Indian Army signed MoU for upskilling of ex-servicemen
Assam Skill Development Mission (ASDM) under the Skill, Employment & Entrepreneurship Department,
Government of Assam and the Indian Army
(Headquarters 51 Sub Area) have signed
a Memorandum of Understanding(MoU)
for upskilling ex-servicemen and their
dependents.
This MoU between the Indian Army and
ASDM will empower ex-servicemen and
their dependents to get remunerative
employment and self-employment
About Assam:
Chief Minister – Himanta Biswa Sarma
Governor – Gulab Chand Kataria
Festival – Magh Bihu, Me-Dum-Me-Phi
Statdium – Dr. Bhupen Hazarika Cricket
Stadium (Assam Cricket Association Stadium), Nehru Stadium
About Indian Army:
Chief of the Army Staff – General Manoj Pande
Headquarters – New Delhi, Delhi
Established – 1895