Daily News

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SIDBI launches Udyam Abhilasha campaign

Small Industries Development Bank of India (SIDBI) has launched a national level entrepreneurship awareness campaign--Udyam Abhilasha, in 115 aspirational districts identified by NITI Aayog in 28 States reaching to around 15,000 youth.

Did you Know

SIDBI operates under the Department of Financial Services, GoI.

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Barham Salih elected as new president of Iraq

Iraqi lawmakers have elected Barham Salih as the new president of Iraq after a protracted political wrangling, marking a crucial step in forming the government in the next four years. The president-elect needs to gather at least two-thirds of the votes.

Did you Know

Dinar is the currency of Iraq

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MoU between India and Russia in the Road sector get cabinet approval

Union Cabinet has approved the Memorandum of Understanding (MoU) between India & Russia on bilateral cooperation in the Road Transport and Road Industry.

Exchange of information about Intelligent Transport System (ITS) and Road safety would be facilitated.

Did you Know

Moscow is the capital of Russia.

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BCCI brought under RTI Act

Central Information Commission (CIC) has ruled that the Board of Control for Cricket in India (BCCI) is covered under the RTI Act. BCCI is the approved national-level body holding virtually monopoly rights to organize cricketing events in the country.

Did you Know

BCCI registered under the Tamil Nadu Societies Registration Act.

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India and ADB Sign Loan pact for safe drinking water

The government of India and the Asian Development Bank (ADB) signed $240 million loan for providing safe and sustainable drinking water to about 1.65 million people in three districts of the state of West Bengal affected by arsenic, fluoride, and salinity.

Did you Know

ADB’s headquarter located in the Philippines.

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Nobel Prize in Chemistry-2018

The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Chemistry 2018 to Frances H. Arnold “for the directed evolution of enzymes” and George P. Smith and Sir Gregory P. Winter” for the phage display of peptides and antibodies.”

Did you Know

Marie Curie was the first women to win Noble prize in chemistry.

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World Peace monument inaugurated by Vice-president

Vice-President V. Naidu inaugurated the world’s largest dome at the Maharashtra Institute of Technology (MIT)’s World Peace University (MIT-WPU) in Pune. World Peace Monument’ dome, took nearly 13 years to build which is 160 ft in diameter and 263 ft tall.

Did you Know

International Day of Peace observed on 21 September.

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Bank of Maharashtra to shut 51 branches

As part of its cost-cutting measures, the Bank of Maharashtra (BoM), a public sector bank announced the closure of 51 of its branches. The loss-making branches will be merged with other branches. IFSC and MICR code will be canceled permanently.

Did you Know

BoM headquarter located in Pune.

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Cabinet approves the redevelopment of Railway Stations

Union Cabinet approved the redevelopment of Railway Stations by Indian Railway Stations Development Corporation Limited (IRSDC) as Nodal Agency and main Project Development Agency.

Did you Know

IRSDC is a special purpose vehicle of GoI.

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RBI imposes a penalty on Federal Bank

Reserve Bank has imposed a penalty of five crore rupees on Federal Bank for non-compliance of certain RBI directions among other deficiencies. Federal Bank had failed to report large borrower exposure for assessment under risk-based supervision

Did you Know

Federal Bank headquartered in Kochi, Kerala.