The Government has appointed Vice Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM, presently serving as the Vice Chief of the Naval Staff, as the next Chief of the Naval Staff with effect from the afternoon of April 30, 2024. The present Chief of the Naval Staff, Admiral R Hari Kumar, PVSM, AVSM, VSM retires from service on April 30, 2024.
Born on May 15, 1964, Vice Admiral Dinesh Kumar Tripathi was commissioned into the Executive Branch of the Indian Navy on July 01, 1985. VAdm DK Tripathi has commanded Indian Naval Ships Vinash, Kirch and Trishul.
The Defence Research and Development Organisation conducted a successful flight test of the Indigenous Technology Cruise Missile from the Integrated Test Range, Chandipur, off the coast of Odisha. his successful flight test has also established the reliable performance of the indigenous propulsion system developed by the Gas Turbine Research Establishment (GTRE), Bengaluru.
The missile is also equipped with advanced avionics and software to ensure better and more reliable performance. The missile is developed by Bengaluru-based DRDO laboratory Aeronautical Development Establishment (ADE), along with contributions from other laboratories and Indian industries.
The Armed Forces Medical Services signed a Memorandum of Understanding for collaborative research and training with Indian Institute of Technology Kanpur. AFMS and IIT Kanpur will team up to undertake research and develop new technologies to address health problems faced by soldiers in difficult terrains.
NPCI Bharat Billpay announced a tie-up with SBI under which travellers will be able to recharge their National Common Mobility Card through the lender's app. Customers can easily top-up their NCMC cards with up to INR 10,000 online through Bharat BillPay-enabled platforms, supporting various methods such as prepaid, debit, and credit cards.
The Reserve Bank has imposed penalties totalling Rs 60.3 lakh on five co-operative banks for contravention of various regulatory norms.
A penalty of Rs 43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on 'ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested'.
The central bank has imposed a monetary penalty of Rs 5 lakh each on The Kangra Co-operative Bank (New Delhi), Rajdhani Nagar Sahkari Bank (Lucknow), and Zila Sahakari Bank, Garhwal (Kotdwar, Uttarakhand). Besides, a penalty of Rs 2 has been imposed on District Co-operative Bank (Dehradun).
Vedanta group firm Hindustan Zinc said it has become the third largest producer of silver globally.
As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world's second largest silver-producing mine, moving up from last year's fourth spot, the company said in a statement.
Hindustan Zinc, a Vedanta Group company in zinc, lead and silver businesses, is the world's second largest integrated zinc producer and now the third largest silver producer. The company has a market share of 75 per cent of the growing zinc market in India with its headquarters in Udaipur along with zinc, lead mines and smelting complexes spread across Rajasthan.