1.State Bank of India raised $1.25 billion through bonds from overseas market. Bonds were listed at India International Exchange IFSC Ltd, a subsidiary of BSE, at Gujarat International Finance Tec-City (GIFT City) IFSC.State Bank of India, CFO- Prashant Kumar.
2.The Reserve Bank has approved the appointment of V Vaidyanathan as MD and CEO of IDFC First Bank for a period of three years . Prior to this, he was the founder and chairman of Capital First.IDFC Bank and NBFC Capital First merged to IDFC First bank.
3.PM Modi inaugurated the country’s first National Museum of Indian Cinema (NMIC) at Films Division of India premises in Mumbai. The government will soon start a single window clearance and a portal for the Indian film industry.Information and Broadcasting Minister Rajyavardhan Rathore.
4.The government has approved setting up of three new naval air squadrons in Gujarat and Tamil Nadu as part of efforts to bolster the Indian Navy's overall strength. A contract for procurement of 12 Dornier aircraft was signed with HAL two years back.Dornier Do 228 is a twin-turboprop STOL utility aircraft.
5.A water-repelling, biodegradable material inspired by lotus leaves has been developed by a joint team of researchers from India, Switzerland and Italy. A technique called soft lithography was used to create micro-pillars of cellulose.Dr. Athanasios Milionis was the lead researcher of the study.
6.India and Uzbekistan signed a deal for long-term supply of uranium from the resource rich Central Asian country to power its domestic atomic reactors. After Kazakhstan, Uzbekistan will become the 2nd Central Asian country to supply uranium to India.Uzbekistan is the 7th largest exporter of uranium in the world.
7.Acc. to Engg. major Larsen & Toubro (L&T) market regulator SEBI has denied permission for its Rs 9,000 crore share buyback offer. L&T proposed to buy back up to 6.1 crore shares from shareholders at a price of Rs 1,475 per equity share.SEBI Chairman-Ajay Tyagi.
8.PM Narendra Modi inaugurated the Armoured Systems Complex (ASC), developed by Larsen & Toubro (L&T) at Hazira near Surat in Gujarat. It is the country’s first private facility where the K9 Vajra self-propelled Howitzer guns will be manufactured.Keshab Panda- CEO & Managing Director of L&T Technology services.
9.WIMF 2019 is to be organized on the theme, ‘Regulation of Homeopathic Medical Products; Advancing global collaboration’ by CCRH under Min of AYUSH in Goa. Regulators & Homeopathic companies & scientific experts worldwide are expected to attend.MoS for Min of AYUSH: Shripad Naik.
10.India is likely to excel in the GDP based economy rankings in 2019, to become the world's fifth largest economy, according to a recent PwC report. World Bank released data had put India as world's 6th largest economy in 2017 and UK in 5th position.US is the world's largest economy with a size of $19.39 trillion.
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