Dr. Mansukh Mandaviya, Union Minister of Health & Family Welfare, Chemicals & Fertilizers has inaugurated the seminar on “Industry Connect 2022”: Industry and Academia Synergy. The stress is on the importance of innovation & technology for the progress of the country and it is for the greater industry-academia partnerships. The innovative zeal and manufacturing quality products at scale will help the Prime Minister’s vision of Make in India and Make for the World.

 

During the Seminar, there were two technical sessions organised. Many officials from the CIPET, TDB (Technology Development Board) and various industry associations were also present on in this seminar.

India and Japan on Monday(28th Feb 2022) renewed their bilateral swap arrangements to the extent of $75 billion, a Reserve Bank of India (RBI) statement said. The Bank of Japan, acting as an agent for the Minister of Finance Japan, and the RBI signed the amendment and restatement agreement of the Bilateral Swap Agreement (BSA), the statement read.

 

“Japan and India believe that the BSA, which aims to strengthen and complement other financial safety nets, will further deepen financial cooperation between the two countries and contribute to regional and global financial stability”, the RBI statement said.

 

Essentially, BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for dollars.

 

This means, India can acquire dollars from Japan in exchange for rupees. And, conversely, Japan can also seek dollars from India in exchange for yen

 

The BSA was negotiated between India and Japan during the Indian prime minister’s visit to Japan in 2018. Consequently, the swap arrangement was signed to the tune of $75 billion in October 2020, to bring greater stability to foreign exchange.

Source : Business Standard

Shivaratri is great festival of convergence of Shiva and Shakti. Chaturdashi Tithi during Krishna Paksha in month of Magha is known as Maha Shivaratri according to South Indian calendar. However according to North Indian calendar Masik Shivaratri in month of Phalguna is known as Maha Shivaratri. In both calendars it is naming convention of lunar month which differs. However both, North Indians and South Indians, celebrate Maha Shivaratri on same day.

Maha Shivaratri is an annual Hindu festival that honors Lord Shiva, one of the primary forms of God in Hinduism. It is celebrated in many countries around the world and is considered a public holiday in India, Nepal, Sri Lanka and Maurutius.

 

Shiva is one of the most popular Hindu deities. There are several feasts dedicated to him. Maha Shivaratri (“the Great Night of Shiva”) commemorates the day he was married to Parvati, the Hindu goddess of fertility, love and devotion.