CEO Satya Nadella appointed as Microsoft chairman [17 Jun 2021]
Microsoft Corp, named Chief Executive Officer Satya Nadella as its new chairman. Nadella took over as the software giant's CEO in 2014, succeeding Steve Ballmer.
India retains 43rd rank on IMD's World Competitiveness Index [17 Jun 2021]
India has retained the 43rd spot in the World Competitiveness Index compiled by the Institute for Management Development (IMD). The country has maintained the same rank for the past three years, and its position on the list has not slipped despite the COVID-19 jolt to the economy. Although India continues to be ranked 43rd among the 64 countries whose competitiveness has been analysed, IMD noted that New Delhi has made significant improvements in governance.
The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third, the Netherlands has retained its fourth place and Singapore has slipped to fifth place (from first in 2020). At eighth, Taiwan reached the top-10 for the first time since the ranking began 33 years ago (moving up from 11th last year). The UAE and the USA remain in their same spots as last year (9th and 10th, respectively).
Kuldeep Singh appointed new Director General of CRPF [16 Jun 2021]
Senior IPS officer Kuldeep Singh appointed as Director-General of Central Reserve Police Force (CRPF). He will continue as DG, CRPF up to September 30, 2022.
Mandatory Hallmarking of Gold Jewellery comes into force from 16th June [15 Jun 2021]
Mandatory Hallmarking of Gold Jewellery is going to come into force from tomorrow, 16th June 2021. Based on extensive consultations with stakeholders, the following decisions were taken-
- Hallmarking will be initially be starting from.256 districts of the country which have Assaying marking centres.
- Jewellers with annual turnover up to Rs. 40 lac will be exempted from mandatory Hall Marking.
- Export and re-import of jewellery as per Trade Policy of Government of India - Jewellery for international exhibitions, jewellery for government-approved B2B domestic exhibitions will be exempted from mandatory Hall Marking.
- Gold of Additional carats 20, 23 and 24 will also be allowed for Hall Marking.
- Watches, fountain pens and special types of jewellery viz. Kundan, Polki and Jadau will be exempted from Hall Marking.
- Jewellers can continue to buy back old gold jewellery without a hallmark from the consumer.
- In order to give adequate time to the manufacturers, wholesalers and retailers of Gold Jewellery, there would be No penalties till August end.
Shri Justice Sanjay Yadav appointed as Chief Justice of Allahabad High Court [10 Jun 2021]
The President of India, in exercise of the power conferred by clause (1) of Article 217 of the Constitution of India, appointed Shri Justice Sanjay Yadav, Judge of the Allahabad High Court to be Chief Justice of the Allahabad High Court with effect from the date he assumes charge of his office.
RBI says MK Jain reappointed as Deputy Governor for next two years [10 Jun 2021]
Mahesh Kumar Jain's new two-year term as RBI Deputy Governor will begin on June 22. He has over 30 years of banking experience, was the MD of IDBI Bank in 2017 and Chennai-based Indian Bank in 2015.
Shri Anup Chandra Pandey takes over as new Election Commissioner [09 Jun 2021]
Shri Anup Chandra Pandey today assumed charge as the new Election Commissioner (EC) of India. Shri Pandey joins the Election Commission of India as second Election Commissoner in a three- member body headed by Chief Election Commissioner Shri Sushil Chandra and Election Commissioner Shri Rajiv Kumar.
HSBC appoints Hitendra Dave as India CEO [07 Jun 2021]
Global banking major HSBC announces that Hitendra Dave would be appointed as Chief Executive Officer of HSBC India on receipt of regulatory approval and has been appointed interim Chief Executive Officer effective from June 7, 2021.
Vice Admiral Ravneet Singh AVSM, NM assumes charge as Deputy Chief of Naval Staff [01 Jun 2021]
Vice Admiral Ravneet Singh, AVSM, NM assumed charge as Deputy Chief of Naval Staff on 01 Jun 2021. Vice Admiral Ravneet Singh was commissioned into the Indian Navy on 01 Jul 1983 and specialized in Aviation. The Flag Officer is a Qualified Flying Instructor with Master Green instrument rating. He has flown HT-2, Kiran HJT 16, TS 11 Iskra, Hunter, Harrier Gr 3, Jet Provost, Chetak, Gazelle, Hawk and Mig 29 KUB aircraft during his illustrious career.The Admiral has held various challenging Staff, Command and Diplomatic assignments during his distinguished naval career and has had wide ranging experience onboard diverse platforms. He has commanded various frontline ships and Naval Air Squadrons including INS Himgiri, INS Ranvijay, INS Ranvir, INAS 551B, INAS 300 as well as the premier Air Base INS Hansa.
Lieutenant General Pradeep Chandran Nair, AVSM, YSM takes over as Director General Assam Rifles [01 Jun 2021]
Lieutenant General Pradeep Chandran Nair, AtiVishishtSeva Medal (AVSM), YudhSeva Medal (YSM) took over as the 21st Director General of the Assam Rifles (popularly known as Sentinels of the North-East) on 1st June 2021. He has rich experience of Assam Rifles and the North East, having earlier been an Inspector General and a Company Commander in Assam Rifles, besides having commanded Assam Rifles battalions as a Brigade Commander.