Bloomberg Billionaires Index: Gautam Adani overtook Mukesh Ambani
In accordance with the Bloomberg Billionaires Index, Gautam Adani net worth reached $88.5 billion overtaking Mukesh Ambani’s $87.9 billion becoming Asia’s richest person as on 8th February 2022. With a nearly $12 billion jump in his personal wealth, he has become the 10th richest person in the world. Globally Elon Musk was named as the world’s richest person with a total net worth of $235 Billion. He was followed by Jeff Bezos with a total net worth of $183 Billion & Bernard Arnault with a total net worth of $168 Billion.
RBI 2nd largest buyer of gold in 2021
The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021. When it comes to gold buying, the Reserve Bank of India (RBI) emerged as the second-largest buyer of yellow metal among the world’s Central Banks in 2021. As per Goldhub, India’s official gold reserves is the ninth-largest in the world. Goldhub is the official website of the World Gold Council that maintains all the data regarding precious metals.
India’s first biomass-based hydrogen plant to come up at Madhya Pradesh
India’s first commercial-scale biomass-based hydrogen plant will come up at the Khandwa district of Madhya Pradesh. Every day this plant will produce one tonne of hydrogen, from 30 tonnes of biomass feedstock. The plant is being put up by a joint venture of Watomo Energies Ltd and Biezel Green Energy with an investment of Rs 24 crore. The company owns the technology for a ‘thermally accelerated anerobic digestion (TAD) reactor’ that can produce hydrogen, methane and biochar from biomass. Biezel Green will own 50 per cent in the yet-to-be-named joint venture; the other 50 per cent will come from interested farmers.
Sanjay Malhotra named DFS Secretary in Finance Ministry
Sanjay Malhotra has been named as Secretary in the Department of Financial Services in the Ministry of Finance. He is a 1990 batch IAS officer of the Rajasthan cadre. Before this, Sanjay Malhotra was Chairman and Managing Director of REC Ltd. He has succeeded Debashish Panda, who completed his term as DFS Secretary on January 31, 2022.
World Pulses Day 2022: Observed On 10 February
The United Nations designated World Pulses Day is observed every year on 10 February. The day has been established by the Food and Agriculture Organization (FAO) of the United Nations to recognize the importance of pulses (dry beans, lentils, dry peas, chickpeas, lupins) as a global food. This year World Pulses Day’s theme: “Pulses to empower youth in achieving sustainable agrifood systems”.
Ex-consultant to World Bank Pradip Shah named as Pfizer India chairman
Pfizer India has appointed Pradip Shah as the chairman of its board following the resignation of RA Shah. He is the ex-managing director and a founding member of Crisil. Prior to founding Crisil, he assisted in founding HDFC in 1977. He has also served as a consultant to USAID, the World Bank, and the Asian Development Bank.
Disha Patani named as Brand Ambassador of Bata India
Bata India Limited has appointed Bollywood actress, Disha Patani as it’s Brand Ambassador. She will promote the brand and strengthen the youth connection to enhance footwear fashion among them. Previously, Bata has associated with celebrities including Kriti Sanon, Sushant Singh Rajput, and cricket player Smriti Mandhana for promoting various labels under Bata.
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