Daily News

Image

RBI to Issue New Rs 20 Denomination Banknotes

RBI will shortly issue Rs 20 denomination banknotes, in the Mahatma Gandhi (New) series, the signature of the Governor Shaktikanta Das. It will be greenish-yellow in colour and will have the motif of Ellora Caves on the reverse side.

Did you Know

The dimension of the new Rs 20 note will be 63 mm x 129 mm.

Image

India Ends with 13 medals at Asian Boxing Championship

India bagged gold and two silver medals at the Asian Boxing Championships in Bangkok, Thailand on the final day and finish with 13 medals that include 2 Gold, 4 Silver & 7 Bronze medals. Amit Panghal won gold in 52 kg category.

Did you Know

Vijender Singh is the only Indian boxer to win an Olympic Medal.

Image

UNICEF, Niti Aayog Tie up for Children Empowerment

Niti Aayog’s Atal Innovation Mission (AIM) and Unicef India signed a Letter of Intent (LoI) to provide an open platform to promote participation, skilling and empowerment among young children across different communities.

Did you Know

UNICEF HQ- New York, USA Head- Henrietta Fore

Image

Rana Dasgupta bags 2019 Tagore Literary Prize

The 2nd edition of Rabindranath Tagore Literary Prize was awarded to Rana Dasgupta for his 2010 novel "Solo", a tale of estrangement and the ultimate failure of material existence. An amount of $10,000, a Tagore statue and a certificate were given to him.

Did you Know

Tagore was the 1st Non-European to win Nobel Prize in Literature

Image

Banking Ombudsman saw 24.9% Rise in Customer Complaints in FY18

The banking ombudsman received 24.9% more customer complaints in FY18 over the previous year as per a report by the Reserve Bank of India. The 21 offices of the banking ombudsman received 1,63,590 complaints in the year 2017-18.

Did you Know

The banking ombudsman scheme (BO Scheme) was introduced in 1995.

Image

Vinesh, Sakshi Win Bronze at Asian Wrestling Championships

Asian Games gold medallist Vinesh Phogat clinched a bronze medal in the 53kg category, while Rio Olympic medallist Sakshi Malik also won a bronze medal in the 62kg category at the Asian Wrestling Championships in Xi’an, China

Did you Know

Asian Wrestling Championships for women was started in 1996.

Image

Finance Ministry Approves EPF Interest Rate Hike

The finance ministry has ratified the hike of the Employees Provident Fund (EPF) interest rate to 8.65% as approved by retirement fund manager EPFO. This was a 10 basis point increase from the 8.55% EPF interest rate announced by the for 2017-18.

Did you Know

The EPFO has an active subscriber base of 60 million.

Image

A Muruganantham H Featured on Fortune Magazine's List of World’s 100 Greatest Leaders

Arunachalam Muruganantham, who became famous for producing low-cost sanitary napkins, has been featured on Fortune magazine's list of world’s 100 greatest leaders. He ranks 45th in the list while Bill & Melinda Gates topped the chart.

Did you Know

Oscar-winning documentary “Period” was based on his life.

Image

Pankaj Advani Wins Inaugural Asian Snooker Tour Title

India's ace cueist Pankaj Advani defeated Ehsan Heydari Nezhad of Iran 6-4 to claim the inaugural Asian Snooker Tour title in Bengaluru. Advani had earlier won the second leg of the Tour in China.

Did you Know

Pankaj Advani is a 21-time world champion

Image

RBI Extends Ombudsman Scheme to Non-Deposit taking NBFCs

Reserve Bank of India (RBI) extended the coverage of ombudsman scheme to non-deposit taking non-banking financial companies (NBFCs) having an asset size of ₹100 crore or higher. The Ombudsman scheme was earlier operationalized for deposit-accepting NBFCs.

Did you Know

NBFC-IFC, CIC, IDF-NBFC are excluded from this scheme.