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UNDP and PCMC join hands for ‘first social impact bond’ Pimpri Chinchwad Municipal Corporation, Pune has recently signed an MoU with United Nations Development Programme (UNDP) India to co-create India’s first Social Impact Bond (SIB). This is the first time that a government body will act as the ‘outcome funder’ in a bond, whereas traditionally most government-funded public projects require large and early investments by the govern

Legendary Music Director Shantanu Mohapatra passes away

Legendary Music Director Shantanu Mohapatra passes away Legendary Odia musician, Shantanu Mohapatra passed away. He was the first Odia music composer to work with legends like Lata Mangeshkar, Manna Dey and Md Rafi and also the first to work in Hindi, Bengali, Assamese and Telugu film industries. Mohapatra has composed music for hundreds of Odia film songs and Jatra (opera) shows in a career that spanned over three decades. Mohapatra, who retired as the Director of Odisha Min

IFSCA becomes Associate Member of IOSCO

IFSCA becomes Associate Member of IOSCO The International Financial Services Centres Authority (IFSCA) has become an Associate Member of the International Organization of Securities Commissions (IOSCO). The headquarters of IOSCO is at Madrid, Spain. The IOSCO is the international organization of the world’s securities regulators, covering more than 95% of the world’s securities markets, and is also the global standard-setter for the se