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12th March 2022


Parliament to resume normal sittings from March 14 with COVID protocols

short by Subhangi Singh / 02:30 pm on 12 Mar 2022,Saturday

The Parliament will resume normal sittings for the second part of the Budget Session from March 14 in view of the declining COVID-19 cases. However, the Rajya Sabha and Lok Sabha will continue to follow the COVID protocols, as seen in the earlier parts of the Parliament sessions. House will sit from 11 am-6 pm during the scheduled 19 sittings.

PM Modi dedicates a building of Rashtriya Raksha University to nation

short by Atul Mishra / 02:00 pm on 12 Mar 2022,Saturday

PM Narendra Modi on Saturday dedicated a building of Gandhinagar's Rashtriya Raksha University (RRU) to the nation. PM delivered the university's first convocation address. "It's imperative that police manpower be trained in a way that they're amicable with people," he said. "After independence, recruitment in law and order needed reforms. Unfortunately, we were left behind," PM added.

₹250 cr allocated for Chhatrapati Sambhaji Maharaj memorials in Pune

short by Shailesh / 03:00 pm on 12 Mar 2022,Saturday

Maharashtra Deputy CM and Finance Minister Ajit Pawar has announced that the state government will allocate ₹250 crore to build memorials dedicated to Chhatrapati Sambhaji Maharaj in Vadhu Budruk and Tulapur in the Pune district. Separately, Pawar said that the 'Chhatrapati Sambhaji Maharaj Bravery Award' will be launched this year for residents of the state who have shown exemplary bravery.

Interest rate on EPF deposits reduced to 8.1% for 2021-22, lowest in 44 years

short by Anmol Sharma / 05:05 pm on 12 Mar 2022,Saturday

The Employees' Provident Fund Organisation (EPFO) has lowered the interest rate on provident fund deposits for 2021-22 to 8.1% from 8.5% in 2020-21. This is the lowest since 1977-78, when the EPF interest rate was 8%. The decision was taken at the 230th meeting of the Central Board of Trustees Employees' Provident Fund.


Tripura Govt announced “Mukhyamantri Chaa Srami Kalyan Prakalpa” scheme 

Tripura Government has announced a special scheme ‘Mukhyamantri Chaa Srami Kalyan Prakalpa’ for tea workers. A special scheme, allotting Rs. 85 crores for its implementation, as a step towards bringing the 7000 tea garden workers of Tripura under the social security net.  This special scheme would ensure housing, rations, and financial support to the tea garden workers by integrating the facilities that are entitled to them, by the state government and the central government.

Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh 

The Union Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan jointly inaugurated the first drone school in Gwalior, Madhya Pradesh.  This drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are Bhopal, Indore, Jabalpur and Satna.  This drone school of Gwalior will not only pave the way for the youth of Madhya Pradesh to move forward by connecting them with technology, but it will also increase employment opportunities. This school will prove to be a milestone in the progress and progress of Madhya Pradesh along with Gwalior.

Prabha Narasimhan named as CEO of Colgate-Palmolive India

Prabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company.  Prior to this, she was working as executive director of Hindustan Unilever (HUL). Colgate-Palmolive (India) provides oral care products under the ‘Colgate’ brand. It also provides personal care products under the ‘Palmolive’ brand name.

Justice AK Sikri named as Chairperson of Chardham project Committee

The Supreme Court of India has named Justice (retd) AK Sikri as Chairperson of the High Powered Committee (HPC), of the Chardham project.  The previous Chairperson Professor Ravi Chopra had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.  A bench of Justices DY Chandrachud and Surya Kant accepted the resignation of Professor Ravi Chopra as chairperson of the committee after he wrote a letter in January wishing to relinquish his post.


Nepal PM thanks PM Modi for evacuating Nepali nationals from Ukraine

short by Shreyasi Banerjee / 03:40 pm on 12 Mar 2022,Saturday

Nepal Prime Minister Sher Bahadur Deuba on Saturday took to Twitter to thank Prime Minister Narendra Modi and the Indian government for the assistance in repatriating Nepali nationals from war-hit Ukraine under 'Operation Ganga'. The Nepal Prime Minister added that four Nepali nationals have arrived in the country from Ukraine via India.

UK-based startup Space Forge aim to launch country's 1st satellite

short by Atharva Pande / 07:39 pm on 12 Mar 2022,Saturday

UK-based startup Space Forge and Richard Branson's Virgin Orbit may launch Britain's first satellite over this summer. "We're thrilled to be making UK history with our first launch," said Space Forge CEO Joshua Western. The CEO added that this is the start of a great collaboration. Space Forge's microgravity satellite, ForgeStar will be launched aboard Virgin Orbit's LauncherOne rocket.

Agreed to maintain stability: India, China after 15th round of talks

short by Shalini Ojha / 07:51 pm on 12 Mar 2022,Saturday

After holding the 15th round of Corps Commander-level talks on Friday, India and China released a joint statement, claiming that both sides agreed to maintain stability on the ground in the western sector. "They agreed to maintain dialogue via military and diplomatic channels to reach a mutually acceptable resolution of the remaining issues at the earliest," the statement read.

Saudi Arabia executes 81 people in 1 day in its biggest mass execution

short by Sakshita Khosla / 08:53 pm on 12 Mar 2022,Saturday

Saudi Arabia on Saturday executed 81 people who were convicted of various terror offences. This marked the kingdom's largest-known mass execution in its modern history. Saturday's executions exceeded the total number of executions in Saudi Arabia in the whole of last year. Saudi state television described those executed as having "followed the footsteps of Satan" in carrying out the crimes.


Banking , Business and Economy News

Sachin Bansal's Navi Tech files draft papers for ₹3,350 crore IPO

short by Hiral Goyal / 03:53 pm on 12 Mar 2022,Saturday

Flipkart Co-founder Sachin Bansal-led Navi Technologies has filed draft papers with SEBI to raise up to ₹3,350 crore through an initial public offer (IPO), Moneycontrol reported. The offer will primarily consist of fresh issuance of equity shares with no offer-for-sale component. Sachin Bansal co-founded the financial services company with Ankit Agarwal after exiting Flipkart in 2018.

RBI lifts restrictions on HDFC Bank's new digital launches after a year

short by Hiral Goyal / 05:01 pm on 12 Mar 2022,Saturday

The Reserve Bank of India (RBI) has lifted restrictions on HDFC Bank's new digital launches after more than a year, the private lender said. These restrictions were imposed in December 2020, due to instances of outages in HDFC's internet banking services. In 2021, the RBI allowed HDFC Bank to issue new credit cards after imposing a ban for eight months.

BIS tie-up with IIT Roorkee for activities on standardisation 

The Bureau of Indian Standards (BIS) and IIT Roorkee signed a Memorandum of Understanding (MoU) for the establishment of a 'BIS Standardization Chair Professor' at IIT Roorkee.  This would be the first time BIS created a Standardization Chair in an Institute for activities related to standardisation and conformity assessment. It will aid in the establishment of standards on crucial areas such as IIT's BlockChain applications for e-governance.  The Bureau of Indian Standards (BIS) is proud to announce its collaboration with the illustrious IIT Kanpur in the development of standards.  The MoU will help the country's research, development, teaching, and training in the field of standardisation and conformity assessment, with a focus on civil, electrical, mechanical, chemical, and earthquake engineering, as well as the development and management of water resources and renewable energy projects, infrastructure development, medical biotechnology and nanotechnology, biotechnology, biomaterials, and other fields.

Summits and Conferences News


Union Minister for MSME, Narayan Rane has announced the MSME Innovative Scheme (Incubation, Design, and IPR) as well as the MSME IDEA HACKATHON 2022. Shri Rane, speaking on the occasion, stated that MSMEs play an essential role in Atmanirbhar Bharat. He claims that these programmes will assist entrepreneurs in launching new businesses.  During the opening of the MSME Innovation Scheme, Shri B.B Swain, Secretary MSME, made the keynote address, stating that it will serve as a hub for innovation activities, facilitating and directing the development of ideas into viable business propositions that benefit society directly.  MSME Innovative is a comprehensive approach that unifies, synergizes, and converges three sub-components and interventions to achieve a single goal.  MSME Innovative is a novel idea for MSMEs that combines incubation, design intervention, and IPR protection in a single-mode approach to raise awareness about India's innovation and drive MSMEs to become MSME Champions.

Awards News

Six Indian Airports named the ACI World's ASQ Awards 2021

From India, six airports have found a place among the ‘Best Airport by Size and Region’, by the Airports Council International (ACI), in its Airport Service Quality (ASQ) survey for the year 2021.  The airports have been adjudged among the Asia Pacific region in different categories based on annual passenger traffic. The ACI Airport Service Quality (ASQ) Awards takes into account 33 parameters related to passenger amenities to recognize airport excellence in customer experience.

The six Indian airports include:

Category – Over 40 million passengers per year

Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai  (5th consecutive year)

Indira Gandhi International Airport, New Delhi  (4th consecutive year)

Category – 15 to 25 million passengers per year

Rajiv Gandhi International airport, Hyderabad

Category – 5 to 15 million passengers per year

Cochin International Airport, Cochin

Sardar Vallabhbhai Patel International Airport, Ahmedabad


Category – 2 to 5 million passengers per year

Chandigarh Airport, Chandigarh


Books and Authors News

Labour Minister Bhupendra Yadav unveiled the book titled “Role of Labour in India’s Development”

Minister of Labour and Employment and MoEFCC, Bhupender Yadav has launched a book titled “Role of Labour in India’s Development”. V V Giri National Labour Institute has published the book.  The publishing of the book is part of the ‘Iconic Week’ celebrations of the ‘Azadi Ka Amrit Mahotsav’.

A book titled “Soli Sorabjee: Life and Times” authored by Abhinav Chandrachud

A new biography, titled “Soli Sorabjee: Life and Times” was announced, during the occasion of the 92nd birth anniversary of Soli Sorabjee. It is authored by advocate and legal scholar Abhinav Chandrachud and will be released in April 2022.  The book highlights the personal details of the life of Soli Sorabjee, his family background. He was the former Attorney General (AG) of India and served two times for the years 1989-90 and then from 1998- 2004. 

Former Zambian President Rupiah Banda passes away at 85

short by Atharva Pande / 09:38 pm on 12 Mar 2022,Saturday

Former Zambian President Rupiah Bwezani Banda passed away on Friday at his home in capital Lusaka at the age of 85 after a two-year battle with colon cancer. Banda's death was confirmed by his son, Andrew and Zambia's current President Hakainde Hichilema. "We appreciate his service to the nation," Hichilema said during a televised address to the nation.




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