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Mumbai is fifth ‘best value city’ globally: Report
- According to a survey, Mumbai has been ranked as the fifth most budget-friendly city among 40 key tourists countries of the world.
- Mumbai is after Hanoi (Vietnam), Warsaw (Poland), Sharm el Sheikh (Egypt) and Bangkok (Thailand) in the list.
- Cancun, Mexico is the most expensive destination in the world and Zurich in Switzerland is the second followed by New York City (USA), London (UK) and Punta Cana (Caribbean).
Bank of Maharashtra, MUDRA seal pact to finance small business
- Bank of Maharashtra and MUDRA Bank have sealed a pact to finance new entrepreneurs and small businesses.
- Under MUDRA (Micro Units Development and Refinance Agency) scheme the central government aims to facilitate credit up to Rs 1 lakh crore to provide credit facilities to small business.
There are three categories of loans under MUDRA scheme
- Shishu (loan of up to Rs 50,000),
- Kishor (loan above Rs 50,000 up to Rs 5 lakh)
- Tarun (above Rs 5 lakh and up to Rs 10 lakh)
Indian envoy quits New Zealand after wife accused of assault
- High commissioner to New Zealand Ravi Thapar was recalled by India after allegations that his wife had assaulted a kitchen staff member, have surfaced.
- The High commissioner denied these allegations. The kitchen staff member apparently told the police that he was “kept in slavery” and the diplomat himself threatened the staff member with assault.
- There have been such incidents in the past where diplomats ill-treated their service staff. Most recent example was the Devyani Khobragade incident in 2013. Previously, Prabhu Dayal, the consul general in New York, was charged in 2012 with paying much less than due to his domestic help. In 2010, a US court awarded $1.5 million in compensation to the maid of diplomat Neena Malhota, who faced similar charges.
Iran nuclear talks enter final phase
- The talks over Iran’s nuclear program are entering their final phase but it is expected to go beyond the June 30 deadline.
- Negotiations between Iran and the P5+1 (United States, Russia, China, France, United Kingdom and Germany — plus the European Union) began in 2006, to assure the P5+1 world powers that Iran would not develop nuclear weapons.
Nadia gets U.N. pat for achieving total sanitation
- The district Magistrate of Nadia, P.B. Salim along with chief of Nadia Zilla Parishad, Banikumar Roy in West Bengal was presented the United Nations Public Services Award 2015 for eliminating open defecation in the district.
- Nadia was recently declared as the first “open defecation free” district in country. Hooghly and Burdwan districts have bagged the second and third positions which are also in West Bengal.
- Nadia district, located in south Bengal, had half of its population defecating in open till October 2013.
- The district administration, under a programme called Sabar Souchagar, built 3.56 lakh toilets, over 200 cluster toilets in public places in the district. As a result, the number of people continuing with the practice dropped to mere 0.2 per cent. The project costed Rs 400 cr.
- The scheme has mobilised all stakeholders, especially women and schoolchildren and saw involvement of faith-based organisations and if replicated, it has the potential to eliminate open defecation from across the world.
- The work has been under West Bengal’s Nirmal Bangla mission.
Mboweni heads for Brics bank
- The former Reserve Bank governor of South Africa Tito Mboweni has been appointed as the non-executive director to the board the Brics New Development Bank (NDB).
- The New Development Bank is expected to start functioning by the end of the year.
Banking & Finance
- Olive Ridley turtle rescued in Mumbai: About Oliver Turtles
- India Fourth Largest Carbon Emitter: WRI Analysis
First species of Yeti crab named Kiwa Tyleri found in Antarctica
- A team of British scientists have discovered the first species of Yeti crab in Antarctica.
- The species Kiwa Tyleri is named after world-renowned British deep-sea and polar biologist professor Paul Tyler.
Jwala-Ashwini in Canada Open final
- The duo of Jwala Gutta and Ashwini Ponnappa have entered the women’s doubles final of the Canada Open badminton tournament after winning a straight-game over Shiho Tanaka and Koharu Yonemoto.
- The third-seeded Indian duo defeated the Japanese pair by 21-17 21-16 in their semifinal match.