RBI lifted its ban on adding new customers for Fino Payments Bank. The ban had been placed by RBI in May due to the non-compliance of operational guidelines, mainly certain accounts having deposits more than the allowed amount (Max limit is ₹ 100000).
FINO Payments Bank is headquartered in Mumbai.
PM Modi has conferred with the Seoul Peace Prize, 2018 for his contribution to high economic growth in India and the world through 'Modinomics', world peace, improving human development & furthering democracy in India. He became 14th recipient of the award.
1st recipient of the award - Juan Antonio Samaranch
Centre has constituted a GoM headed by Rajnath Singh to examine the present legal & official frameworks for dealing the sexual harassment of women at the workplace. It will examine the present provisions for the safety of women & recommend further measures.
SHEBox helps to raise voice against sex. harassment at workplace
Israel has signed a $ 777 mn contract with India for the supply of Barak 8 long-range surface-to-air defence missiles & missile defence systems for seven ships of the Indian Navy. Bharat Electronics Ltd will be the main manufacturer for the project.
Headquarters of Bharat Electronics Limited is Bengaluru.
Prime Minister launched the ‘Main Nahin Hum’ Portal & App which works on the theme ‘Self for Society’ will enable IT professionals and organizations to bring together their efforts towards social causes, and service to society, on one platform.
Min. of Electronics & Information Tech - Ravi Shankar Prasad
International Air Transport Association's 20-year Air Passenger Forecast stated that India will become the world's third largest aviation market around 2024 surpassing the UK as it projected total air passenger numbers to touch 8.2 billion in 2037.
International Air Transport Association HQ – Montreal, Canada.
MIT scientists have developed a method to mass produce robots named syncells that could be used to monitor and to search out disease while floating via bloodstream. The autoperforation process helps to produce minuscule pockets of a predictable size & shape.
Massachusetts Inst. of Tech is a research univ in Cambridge.
The Cabinet approved a new railway line between Bahraich and Khalilabad in Uttar Pradesh. The new line serves 5 districts of Uttar Pradesh including 4 aspirational districts - Bahraich, Balrampur, Shravasti &Siddharth Nagar & Sant Kabirnagar.
The estimated cost is ₹ 4939.78 Cr, it will be completed by 2024-25.
Punjab govt has signed 4 MoUs with Israeli institutions to address issues of farmers and depleting groundwater level in the state. It will help boost cooperation b/w Punjab & Israel in areas such as water conservation & agricultural research, education.
73% of water req. for irrigation are being met via groundwater.
Indian skipper Virat Kohli broke Tendulkar’s record as the fastest batsman to score 10000 one-day international runs. He reached the mark in 205 innings, beating Tendulkar who reached in 259 innings. He has become the 5th Indian to reach the mark in ODIs.
Ganguly, Dravid & MS Dhoni have scored over 10000 runs in ODIs.