1.P.V.Bharathi appointed as the MD & CEO of Corporation Bank
The government has appointed P.V.Bharathi as the Managing Director and Chief Executive Officer of Corporation Bank. Earlier she has served as the Executive Director of Canara Bank. Corporation Bank is public-sector banking The Company headquartered in Mangaluru, India. The bank has a pan-Indian presence.
2.GST collection increases to one lakh crore in January
The data from the Ministry of Finance shows that goods and services tax collections stood at Rs. 1,02,503 crore in the month of January. Of the Rs. 1,02,503 crore GST revenue, Central GST is Rs 17,763 crore, State GST (SGST) is Rs 24,826 crore, Integrated GST (IGST) is Rs 51,225 crore (including Rs 24,065 crore collected on imports) and Cess is Rs 8,690 crore.
3. Kerala becomes 1st State to Set Up Price monitoring and Research Unit
Kerala has become the first State to set up a Price Monitoring and Research Unit (PMRU) to track violation of prices of essential drugs and medical devices under the Drugs Price Control Order (DPCO).
4.P.S.Krishnan is to receive K.Veeramani Award
K.Veeramani Award for Social Justice 2018 will be conferred on P.S. Krishnan, former Secretary, Government of India. Dravidar Kazhagam leader Veeramani will felicitate the awardee at a function in New Delhi. About the award: Periyar International Inc., (USA) gives an annual award for outstanding contributions to Social Justice, which is named his honor.
5.ISRO to launch its 40th communication satellite GSAT-31
The Indian Space Research Organisation, ISRO, is all set to launch its 40th communication satellite GSAT-31 on February 6 from the spaceport in French Guiana. The satellite with a mission life of 15 years will provide continuity to operational services on some of the in-orbit satellites and augment the Ku-band transponder capacity in Geostationary Orbit.
6.FDI during April-September 2018-19 fell 11 percent to $22.66 billion
According to commerce and industry ministry data Foreign direct investment (FDI) into India has declined 11% to $22.66 billion during April-September period of the current fiscal. Sectors that received maximum foreign investment are services ($4.91 billion), computer software and hardware ($2.54 billion), telecommunications ($2.17 billion), trading ($2.14 billion), chemicals ($1.6 billion) and automobile industry ($ 1.59 billion).
7. Smriti Mandhana becomes World No.1 Women’s ODI Batter
Indian women’s cricket team opener Smriti Mandhana has become the top-ranked batter in women’s ODI cricket, as per the latest rankings released by the ICC. The 22-year-old moved up three spots in the batters’ rankings to reach the top spot. In the 15 ODIs Smriti has played since the beginning of 2018, she has scored two centuries and eight half-centuries.
8. Padma Shri R.B.Patil passed away
Padma Shri R.B. Patil, 93-year-old, passed away in Hubballi. He established North Karnataka’s first comprehensive center for cancer in 1977 from voluntary donations. Dr.Patil completed his education in England and continued to see patients until recently before his health deteriorated.
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