Tamil Nadu

Kanchi Seer Jayendra Saraswathi Passes Away

Sri Jayendra Saraswathi Swamigal, the senior seer of Kanchi Kamakoti Mutt situated in Tamil Nadu, passed away. He was 82-years-old. The junior pontiff, Sri Sankara Vijayendra Saraswathi will be the 70th Jagadguru of Kanchi Kamakoti Peetam. Sri Jayendra Saraswathi came to wield enormous say in matters affecting the Hindu religion in the country, including the Ayodhya issue.

Fairfax to acquire 51% stake in CSB

Canadian investor Prem Watsa’s owned Fairfax Holdings will buy a 51% stake in Kerala-based Catholic Syrian Bank.The deal, if it materialises, will be the first takeover of an Indian bank by a foreign non-banking financial entity after RBI tweaked ownership norms last May. Founded in 1921, CSB has a strong base in Kerala & a significant presence in Tamil Nadu, Karnataka & Maharashtra.

Cauvery Water Dispute

Declaring Cauvery a national asset & upholding principle of equitable apportionment of inter-State river water among riparian States, the SC reduced the allocation of Cauvery water from Karnataka to Tamil Nadu.Karnataka would now need to supply 177.25 TMC rather than 192 TMC Cauvery water to Tamil Nadu. Court has also granted global status to Bengaluru, hence it will get more Cauvery water.

TN won Senior Women’s Football Championship

Tamil Nadu has won the Senior Women’s National Football Championship for the first time.Tamil Nadu, which was playing its first-ever final, defeated Manipur, 2-1 at the Barabati Stadium in Cuttack, Odisha. Skipper Indumathi and Indrani found the net for Tamil Nadu, while Ratanbala scored Manipur’s only goal.

Kerala top NITI Aayog’s health index report

Kerala, Punjab and Tamil Nadu were the top rankers in NITI Aayog’s latest Health Index report.Report for the first time, attempted to establish an annual systematic tool to measure and understand the heterogeneity and complexity of the nation’s performance in the health sector.The report was released on Friday by Amitabh Kant (CEO of NITI Aayog).

India signs $100m loan agreement with WB

Indian govt signed a $100 million loan agreement with the world bank to support Tamil Nadu rural transformation project.The agreement will promote rural enterprises, facilitate their access to finance and create Employment opportunities especially for women.It will also support households from socially and culturally disadvantaged groups.

Axis Bank Launches 4th “Evolve”

Private sector Axis Bank launched the fourth edition of ‘Evolve’ in Coimbatore, Tamil Nadu.It is an annual multi-city knowledge series for Bank’s small and medium-sized enterprises (SME) customers.The current edition of ‘evolve’ is titled as “Transform your Family Business into your dream company”.This edition will span across 30 cities.

5 states account for 70% of exports

The Economic Survey 2017-18 has revealed that five states– Tamil Nadu, Maharashtra, Gujarat, Karnataka, and Telangana, accounted for 70% of India’s exports for the first time.The survey found that states’ export performance and their standard of living were strongly interrelated. It also noted that India’s internal trade in goods and services accounted for an estimated 60% of GDP.

Tamil Nadu clinches men’s crown

Tamil Nadu beat Services by 94-86, in the final to emerge the men’s champion of the senior National basketball championship at the Nehru indoor stadium.This is Tamil Nadu’s tenth title in the men’s category. Railways beat Chhattisgarh 100-71 in the women’s final for its 28th title in 32 years. Captain P.U. Navaneetha top-scored with 30 points.

Rs 68,270 crore invested in development

According to data from the Ministry of Housing and Urban Affairs, Rs 68,270 crore were released under various schemes across the country from 2014-15 till November 2017.Uttar Pradesh, Tamil Nadu, Madhya Pradesh, Maharashtra and Gujarat emerged as the biggest beneficiaries of the government funding. Swachh Bharat Mission, PMAY, AMRUT are some of the missions which have been funded.