Axis Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar-based transactions through its micro ATM tablets. It makes Aadhaar authentication process hassle-free and offers easier access to digital banking.
Iris scan Tech provides up to 98.2% authentication success rate.
Human Resource Development (HRD) Ministry announced a spending of Rs 418 crore from 2018-20 on collaborative research between Indian and foreign institutes under the 'Scheme for promotion of Academic and Research Collaboration' (SPARC).
Coordinating institution for SPARC scheme - IIT-Kharagpur
PM Modi announced that 12 modern biofuel refineries worth ₹ 10000 Cr will be established across the country. This will provide employment to 1.5 lakh youth. The government is targeting 10% ethanol blending in petrol by 2022 and 20% by 2030.
Petroleum and Natural Gas Minister- Dharmendra Pradhan
Javelin thrower Neeraj Chopra has been handed the honour of being the Indian contingent's flag bearer at the Asian Games 2018 in Jakarta and Palembang, Indonesia. The announcement was made by Narinder Batra, President of the Indian Olympic Association.
He won the gold medal in Commonwealth Games 2018 in Gold Coast
UP govt has set a goal of providing employment to 25 L people in 5 years through the financial assistance of Rs. 25,000 Cr. It will strengthen the inclusive and sustainable development of UP. Under ODOP, Rs 250 Cr loans will be disbursed to start-ups.
Uttar Pradesh govt signed MoU with Amazon under ODOP
Tribal Cooperative Marketing Development Federation of India Ltd & NMPB signed a MoU to promote MAPs forest produce for livelihood development of tribal people by promoting primary level value addition to MAPs produce from forest area at grassroots level.
Tribal Minister: Jual Oram, MAP: Medicinal and Aromatic Plants
YES Bank was adjudged the global winner in Payments at the Technology Project Awards-2018, a prestigious award recognizing innovation in financial technology by The Banker, London-based leading global financial publication promoted by The Financial Times.
Managing Director & CEO of YES Bank - Rana Kapoor
The border guarding forces of India and Nepal resolved to enhance mutual cooperation and timely sharing of intelligence to check trans-border crime and criminal activities along the 1,751-km porous frontier the two countries share.
The next India-Nepal Coordination meeting will be held in Nepal
Deputy Managing Director of HDFC Bank Paresh Sukthankar has resigned. He has been with HDFC Bank since its inception in 1994. Currently, he is overseeing the banks’ credit and risk management departments as well as finance and human resources.
He was appointed as the Deputy Managing director in March 2017.
Defence Minister and UP CM will launch a defence industrial corridor in Aligarh as part of the government's efforts to develop specialised zones in the state. Six nodal points for the corridor -- Agra, Aligarh, Lucknow, Kanpur, Chitrakoot and Jhansi.
Another defence corridor was launched in Tamil Nadu.