 ASSOCHAM (The Associated Chambers of Commerce and Industry of India), which is one of the apex trade associations of India has conferred ‘Non-Life Insurer of the Year Award 2019′ to Bharti AXA General Insurance. It is a joint venture between Bharti Enterprises and French insurance giant AXA. This award recognizes efficacy, excellence and contribution in the insurance industry annually. |
| Source: Business Standard |
 India has signed a deal with a Russian firm to manufacture 7.5 lakh AK-203 rifles. These are the latest derivative of the AK-47 rifles. Defence Minister Nirmala Sitharaman stated that the AK-203 rifles will be produced at the Indian Ordnance Factory at Amethi’s Korwa. The new rifles will replace the indigenous INSAS rifles in the Army, Air Force, and Navy. |
| Source: Hindustan Times |
 A loan agreement of USD 455 million was signed between the Asian Infrastructure Investment Bank (AIIB) and the Government of India for financing the Andhra Pradesh Rural Roads Projects. These projects will connect 3,300 habitations with a population of more than 250, and benefit around 2 million people. It is the third project in Andhra Pradesh signed by the AIIB after two projects in Power Sector and Water Sector. |
| Source: Business Standard |
 Border Security Force (BSF) and Border Guards Bangladesh (BGB) took part in the 3-day ‘Mainamati Maitree Exercise 2019’ as a part of ‘Confidence Building Measures’ between India and Bangladesh held in Agartala, Tripura. The main objective of this exercise was to plan and conduct anti-smuggling and anti-criminal activity related operations with an aim to achieve better joint operational efficiency and border management in the area. |
| Source: Indian Express |
 Rice Knowledge Bank-Assam, is an agriculture web portal. It is dedicated to magnifying knowledge on rice production technologies and techniques, best production practices and state agriculture facts. It was launched under the World Bank funded project – Agri-business and Rural Transformation (APART). This portal is the repercussion of efforts of Assam Rural Infrastructure and Agricultural Services Society (ARIAS), Assam Agricultural University (AAU) with technical assistance from the International Rice Research Institute (IRRI). |
 Zhores Alferov, a Russian physicist and Nobel Prize laureate, has passed away. He was 88. In 2000, Alferov received the Nobel Prize in Physics together with US scientists Jack Kilby and Herbert Kroemer, for developing semiconductor heterostructures used in high-speed-and optoelectronics. He was elected a corresponding member of the USSR Academy of Sciences in 1972, and a full member in 1979. |
| Source: News On AIR |
 Legendary composer and pianist Andre Previn has passed away at the age of 89 in Manhattan, New York, USA. He was a 10-time Grammy Award winner and had won 4 Oscars throughout his lifetime. In 2010 he was honored with a lifetime achievement award. He is known for immortal classics like 1964’s ‘My Fair Lady‘ and 1996’s ‘The Fortunate Cookie.’ |
| Source: Business Standard |
 The Central Industrial Security Force (CISF) created the Guinness World Record for ‘longest single line bicycle parade (moving)’ at the Yamuna Expressway, Noida. CISF personnel rode 1,327 bicycles non-stop in a single line, maintaining a uniform distance between the bicycles. The record was earlier held by Hubballi Bicycle Club of India, with 1,235 bicycles in a single chain. |
| Source: ANI |
 Former Finance Secretary Hasmukh Adhia was appointed as non-executive chairman of Bank of Baroda. The Appointments Committee of the Cabinet has approved his appointment as the part-time non-official director as well as non-executive chairman on the board of Bank of Baroda for a period of three years. Adhia, a 1981-batch IAS officer of Gujarat cadre, superannuated on November 30 last year. He last served as the Finance Secretary. |
| Source- Business Standard |
 The Centre and the Asian Development Bank (ADB) have signed a 926 million dollarloan agreement to operationalize two lines of the Mumbai Metro Rail System. It is the single largest infrastructure project loan in ADB history approved by the ADB Board. Once operational by the end of 2022, an estimated two million passengers a day will use the two new lines and will travel in improved safety and comfort. |
| Source- Business Standard |
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