Federal Bank and Equirus Wealth in collaboration with SCUBE Capital, a global fund management company based out of Singapore, have launched a 'US dollar offshore fund' for their customers.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
The Government of Jammu and Kashmir has launched a quick response code for its GI-tagged Kashmiri carpet, to preserve the authenticity and genuineness of the hand-knotted carpets. The first-ever consignment of GI-tagged hand-knotted carpets was exported to Germany from New Delhi.
Odisha has become the only state in the country to achieve 90.5% of immunization apart from the successful vaccination against Covid-19 infection under Mission Indradhanush 4.0.
The Ministry of Culture and Textiles is organizing an event titled "Jharokha-Indian Handicrafts/Handlooms, Collection of Art and Culture" to celebrate traditional Indian handicrafts, handlooms and art and culture.
EXAMIANS