PM Narendra Modi launched a comprehensive pension management software SAMPANN to facilitate pensioners of the telecom department. SAMPANN is an acronym for System for Accounting and Management of Pension, will help in timely disbursement of pensions.
Chairman of Telecom Commission - Aruna Sundar Rajan.
ESAF small finance bank received the first banking license in Kerala since independence has got RBI approval to operate as scheduled bank. It makes Thrissur-based ESAF small finance bank the fifth scheduled bank from Kerala.
K Paul Thomas is the MD and CEO of the ESAF Small Finance Bank.
Uzbekistan announced 2019 as the ‘Year of Active Investment and Social Development’ under the program of the Year of support of active entrepreneurship, innovative ideas and technologies in the backdrop of proposed investments from India to boost economy.
Shavkat Mirziyoyev is the President of Uzbekistan.
India would give a transitional Trade Support Facility of 400 Cr rupees to Bhutan over a period of 5 years to strengthen bilateral trade and economic linkages. India had announced a 4500 Cr rupees financial assistance to Bhutan for its 12th five-year plan.
Dr Lotay Tshering is the Prime Minister of Bhutan.
Railway minister announced that Honey Bee plan in Assam that kept elephants away from the tracks will be expanded to other areas in India. It is a simple device that amplifies the recorded sound of honey bees to keep elephants away from the rail track.
Piyush Goel is the Union Railway Minister.
The Government has doubled the export incentives for onion farmers from existing 5 % to 10 %. It would result in better price for Onion in domestic markets It has been decided to encourage exports of Onions so that the domestic prices stabilize.
The export incentive for fresh Onions was zero before July 2018.
The Cabinet okayed ₹10000 Cr for India’s plan to launch a manned spaceflight project to be undertaken within the next 40 months. The mission to be executed by ISRO with the help of academia, industry & other scientific institutions.
3-member crew would be launched to a low earth orbit.
The Central Bank of India will raise about ₹ 200 Cr by issuing shares to staff under the employee stock purchase scheme. In March 2017, the govt had allowed PSBs to offer ESPS, aimed at retaining experienced hands & better incentives to raise capital.
MD & CEO of Central Bank of India is Pallav Mohapatra.
Aditya Birla Sun Life Insurance has launched an artificial intelligence-enabled WhatsApp channel for customer servicing. A customer can be able to use the verified ABSLI WhatsApp account to type any general query and have it answered on a real time basis.
Pankaj Razdan - MD & CEO of Aditya Birla Sun Life Insurance.
Croatia and Real Madrid midfielder Luka Modric has been named Balkan athlete of the year. Men's tennis world number one Novak Djokovic of Serbia was second in the Balkan poll, and the Women's number one, Romania's Simona Halep, was third.
He won the prestigious Ballon d'Or for the first time.