NPCI launched UPI 2.0, which allows customers to link their overdraft account to UPI, create one-time mandates and pre-authorise transactions for payment at a later date, and help in checking the invoice sent by merchant prior to making payment.
UPI 1.0- launched -April 2016, Dilip Asbe, MD & CEO, NPCI.
In Sep. Bombay Stock Exc. will launch LE scheme,under which brokers and other market intermediaries will be given incentives for a specified period of time to bring in liquidity and generate investor interest in securities which have trading activity.
Established in 1875, the BSE is Asia’s first stock exchange.
Imran Khan ,65 was sworn in as Pakistan’s new prime minister. He is the Chairman of the Pakistan Tehreek-e-Insaf (PTI) & was administered the oath of office by President Mamnoon Hussain at the Aiwan-e-Sadr (the President House) in Islamabad.
He captained the Pak cricket team to World Cup glory in 1992.
The 11th WHC started in Port Louis, Inaugurated by the PM of Mauritius Praveen Kumar Jugnauth. During the 3-day conference more than 2000 delegates from 20 countries including India will deliberate on topics related to language and Culture.
Theme of WHC ,2018 -“Hindi World and Indian Culture”.
Aadhaar-issuing body UIDAI has announced a phased rollout of face recognition feature as an additional mode of authentication, starting telecom service providers from Sep 15. Move is aimed at curbing the possibility of fingerprint spoofing or cloning.
Unique Identification Authority of India (UIDAI),HQ - New Delhi.
Infosys Chief Financial Officer MD Ranganath, has stepped down from his position, marking the second CFO departure at Infosys in three years. Jayesh Sanghrajka, deputy CFO at Infosys, is likely to replace Ranganath as the company’s next finance chief.
Salil Parikh – CEO Infosys.
PM Modi’s flagship Skill India Mission is roping public sector enterprises to take on targeted skilling in the country. The latest PSU to join this is the NALCO,which will put in Rs 50 crore towards skill development and entrepreneurship till 2020.
SKILL INDIA launched-World Youth Skills Day (15 July),2015
The IIT Kharagpur will set up a Re-Water Research Center, to replenish and rejuvenate water resources. The move is to tackle the challenge of resolving two burning issues faced by urban India sewage disposal and access to clean potable water.
The pilot plant is expected to be ready by March 2019.
The 18th Asian Games, the biggest multi-sport event after Olympics, begins in Jakarta and Palembang, Indonesia, it will run till September 2, 2018. The Indian Olympic Association (IOA) has sent a contingent of 570 athletes to participate in the games .
Neeraj Chopra- Flag-bearer for India at the opening ceremony.
Former United Nations Secretary-General Kofi Annan passed away, he was 80.
He served as the 7th Secretary-General from January 1997 to December 2006.He is the founder and chairman of the Kofi Annan Foundation.
He was recipient of the 2001 Nobel Peace Prize along with UN.