Daily News

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NPCI Launches Unified Payments Interface (UPI) 2.0, an upgraded version of UPI

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.

Did you Know

UPI 1.0- launched -April 2016, Dilip Asbe, MD & CEO, NPCI.

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BSE to launch liquidity enhancement (LE) plan from September

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.

Did you Know

Established in 1875, the BSE is Asia’s first stock exchange.

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Imran Khan sworn in as Pakistan PM

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.

Did you Know

He captained the Pak cricket team to World Cup glory in 1992.

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11th World Hindi Conference (WHC) starts in Mauritius capital Port Louis

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.

Did you Know

Theme of WHC ,2018 -“Hindi World and Indian Culture”.

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UIDAI to roll out face recognition feature from September 15

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.

Did you Know

Unique Identification Authority of India (UIDAI),HQ - New Delhi.

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Infosys CFO Ranganath resigns, deputy may replace him

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.

Did you Know

Salil Parikh – CEO Infosys.

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Government ropes in PSUs to undertake skilling

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.

Did you Know

SKILL INDIA launched-World Youth Skills Day (15 July),2015

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IIT Kharagpur to set up Re-Water Research Center

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.

Did you Know

The pilot plant is expected to be ready by March 2019.

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Indonesia president Widodo opens 18th Asian Games

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 .

Did you Know

Neeraj Chopra- Flag-bearer for India at the opening ceremony.

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Former UN Secretary General Kofi Annan passes away

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.

Did you Know

He was recipient of the 2001 Nobel Peace Prize along with UN.