![]() In the presence of key dignitaries such as Dr. ![]() Global Chess League (GCL), a joint venture between FIDE and Tech Mahindra, announced Dubai as the venue for the inaugural edition. Dubai becomes the host for the inaugural edition of the Global Chess League India’s theme for its Chairmanship of SCO in 2023 is ‘SECURE-SCO’.ġ1. India, the host country, attaches special importance to the SCO in promoting multilateral, political, security, economic, and people-to-people interactions in the region. ![]() This meeting will set the stage for the SCO Leaders’ Summit to be held in July in New Delhi. The foreign ministers of eight member countries of the Shanghai Cooperation Organisation (SCO) are meeting in Goa on May 4 and 5. Foreign Ministers of SCO member countries meet in Goa Read Full News Summits and Conferences Newsġ0. Rural unemployment, however, fell marginally to 7.34% in April from 7.47% a month ago. The nationwide joblessness rate rose from 7.8% in March, with urban unemployment increasing to 9.81% from 8.51% in the same period. India’s unemployment rate climbed to a four-month high of 8.11% in April 2023, according to data from the research firm Centre for Monitoring India Economy. India’s unemployment rate in April rises to 8.11% from 7.8% in March The collaboration aims to enable joint industrial research and development projects in various high-tech fields such as artificial intelligence, quantum and semiconductors, synthetic biology, healthcare, aerospace, sustainable energy, and agriculture, among others.ĩ. India and Israel have signed a Memorandum of Understanding (MoU) on industrial research and development cooperation, marking a significant milestone in their scientific and technological partnership, the Ministry of Science & Technology said. India, Israel sign MoU for industrial research and development cooperation The competition will conclude around August/September 2023.Ĩ. The G20 TechSprint 2023 competition is open to developers from around the world to submit their applications from May 4 to June 4, 2023. The fourth edition of the competition was unveiled on May 4, and it is open to global innovators. The Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) have announced the launch of the G20 TechSprint 2023, a global competition aimed at improving cross-border payments through innovative technology solutions. RBI, BIS launch fourth edition of G20 TechSprint competition Important takeaways for all competitive exams:ħ. With Ramaland, the tourism department is looking to attract children and adults alike to showcase the legendary tales from Ramayan in the template of ‘learning with entertainment’. Uttar Pradesh govt plans ‘Ramaland’ in Ayodhya modelled on DisneylandĪyodhya as a global tourism hotspot, the Uttar Pradesh government is planning to develop a theme park ‘Ramaland’ modelled on Disneyland to narrate the story of Lord Ram. This growth includes the recent integration of the 660 MW Unit-1 of the Maitree Super Thermal Power Plant (MSTPP) in Rampal, Bangladesh, marking NTPC’s first overseas capacity addition.Ĥ. State-owned power conglomerate NTPC Group has achieved a significant milestone in the power sector by expanding its installed capacity to 72,304 MW. NTPC Group’s total installed capacity reaches 72,304 MW with first overseas capacity addition in Bangladesh ![]() JPMorgan is set to acquire $173 billion in loans and around $30 billion in securities, which includes $92 billion in deposits from First Republic Bank, but they are not taking on the bank’s corporate debt or preferred stock.ģ. financial institution to fail in just two months. JPMorgan Acquires First Republic Bank Amidst Recent Failures of Major US BanksĪmerican regulators announced that First Republic Bank had been taken over and that an agreement had been reached to sell the bank to JPMorgan Chase & Co. The proposed transaction will grant Airtel a stake in Dialog, representing the fair value of Airtel Lanka, and will allow Airtel access to a large customer base in the island nation.Ģ. Sri Lanka’s Dialog Axiata and Bharti Airtel sign binding term sheetĭialog Axiata, Sri Lanka’s largest telecommunications provider and a subsidiary of Malaysian Axiata, has announced a binding term sheet with India’s Bharti Airtel for the merger of their Sri Lankan subsidiaries.
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