World Oceans Day is celebrated on 8th June every year. The day was declared in 2008. June 8 was marked as it marks the day when it was first proposed in 1992 by Canada’s International Centre for Ocean Development (ICOD) and the Ocean Institute of Canada (OIC) at the Earth Summit, UN Conference on Environment and Development (UNCED) in Rio de Janeiro, Brazil. The theme of World Oceans Day 2019 is ‘Gender and the Ocean’.
Maldives will confer ‘Nishan Izzuddin’ award on Prime Minister Narendra Modi. It is the highest award to honour foreign nationals. Prime Minister Narendra Modi will arrive in Male on the first leg of his two-nation tour to the Maldives and Sri Lanka. This will also be the first bilateral visit to the Maldives of an Indian Prime Minister after 2011.
ICICI Bank launched a centre in Bengaluru to provide business solutions exclusively to start-ups and MSME sector. ICICI Bank along with Viral Rupani, Retail Business Head South, ICICI Bank inaugurated the centre. The services offered include working capital loans upto 20 crore, business loans (based on GST returns) upto 1 crore, instant overdraft facility of 15 lakh, extensive trade solutions and cash management services, among others.
The Jammu and Kashmir government has appointed RK Chibber as interim chairman of the lender. Parvez Ahmad, Chairman cum Managing Director, shall cease to be Director on the Board of Directors of the Bank and consequently be no longer the Chairman cum Managing Director of the board.
Commerce and Industry Minister Piyush Goyal is leading the Indian delegation for the two-day G20 Ministerial meeting on Trade and Digital Economy beginning at Tsukuba city in Japan. Mr. Goyal will discuss developments in the global trade situation, WTO matters, and digital trade.
Former Chief Secretary Ajeya Kallam appointed as the principal advisor to Chief Minister YS Jagan Mohan Reddy. It was issued by Chief Secretary LV Subrahmanyam. He will have cabinet rank and leading the secretaries in the Chief Minister’s office.
Automobile major Mahindra won the Gold Award in South Africa for fairing on various indicators, including level of satisfaction among its network of dealers and the manner of allocation of vehicles to them. Mahindra, which has been in South Africa for the past 16 years, received the award from the country’s National Automobile Dealers’ Association (NADA) which tests dealers’ satisfaction with the way a brand supports and communicates with them.
The RBI has slapped a penalty of Rs. 2 crores on Kotak Mahindra Bank for the non-state lender’s failure to adhere to the regulator’s diktat on promoter shareholding. The central bank has been engaged in a dispute with Kotak Mahindra since 2014 over its failure to meet the milestone for stake reduction by Uday Kotak, the billionaire promoter of the bank.