- Beijing to host 2022 Winter Olympics and Paralympics
- Beijing has been chosen to host the 2022 Winter Olympics and Paralympics, beating the bid of Kazakhstan’s Almaty.
- Having hosted the 2008 Olympics, the Chinese capital will be the first city to host both a summer and winter Games.
- RBI to issue 10 rupee coin to mark International Yoga Day
- The Reserve Bank on Thursday announced plans to put into circulation 10 rupee coins to commemorate the International Day of Yoga.
- The coin bears the logo of the International Day of Yoga, with the inscription Saamanjasya evam shanthi ke liye yog “ in Devnagri script and “yoga for harmony and peace” around the logo. At the bottom of the logo the date June 21 is inscribed, according to an official statement.
- The obverse of the coin bears the Lion Capitol of Ashoka Pillar in the centre with the legend Sathyamev Jayate inscribed below
- India to celebrate ‘Handloom Day’ on August 7
- A new ‘India Handloom’ brand will be launched by Prime Minister Narendra Modi next week in Chennai to help the handloom sector better position its items in the domestic and international markets.
- The government has decided to declare August 7 – the day of launch of the handloom brand – as ‘National Handloom Day’
- The handloom weavers who want to adopt the new brand will have to give an application to the textile commissioner following which officials will hold field visits. Once officials are satisfied with the quality of products being produced by weavers, they would be allowed to use the brand.
- Mutual fund licence of Sahara cancelled by Sebi
- India’s securities market regulator on Tuesday ordered cancellation of certificate of registration of Sahara Mutual Fund as it found the fund house, Sahara Asset Management Company (AMC) and Sahara Sponsor not “fit and proper” to carry on the business.
- However, keeping the interests of unit holders, the order of cancellation of the Certificate of Registration of the Sahara Mutual Fund shall be effective on expiry of six (6) months from the date of the said order
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