Cabinet has given nod to the setting up of ISRO Technical Liaison Unit (ITLU) at Moscow in Russia. ITLU will also support the ongoing bilateral programmes of cooperation in space technology and act on behalf of ISRO.
INDRA is a military exercise between India and Russia.
The Parliament approved amendments to the Motor Vehicles Bill, expected to give the Centre power to regulate app-based taxi-hailing services such as Ola & Uber. It aims to address issues such as road safety, reducing deaths due to road accidents, etc.
The word ‘aggregators’ would be added in the new law.
The Postal Department has decided to convert the India Post Payments Bank (IPPB) into a small finance bank (SFB), enabling it to offer small loans to customers. The department also looks to open one crore accounts for IPPB in 100 days.
Suresh Sethi is the Chief Executive Officer of IPPB.
PNB Housing Finance Ltd has raised $100 million from International Finance Corporation to finance the purchase of affordable housing projects. The investment was made under the central bank's automatic route in the revamped ECB framework.
RBI has allowed us to borrow ECB up to $750 million annually.
Ruhan Rajput was awarded the prestigious Entrepreneur Award 2019 in the category of 'Entrepreneur of the Year in Service Business - BPO/KPO'. He was acknowledged for his contributions & achievements in the business industry.
Ruhan Rajput also excels as an actor and model in Bollywood.
Researchers from IIT Kharagpur has adopted a process called Hydro-Thermal Carbonization for the Indian conditions which can effectively manage mixed MSW with high moisture content. The mixed MSW can be converted into biofuel, soil amendment & absorbents.
Current waste burning processes focused on drier waste content.
Acc. to a report by Department for Promotion of Industry and Internal Trade, India received $64.37 bn in investments in 2018-19 under the foreign direct investment policy liberalization & reforms. FDI worth $286 bn has been received in last 5 yrs.
DPIIT was set up in 1995, was reconstituted in 2000.
Edelweiss Tokio Life Insurance has tied up with MobiKwik to offer mobile-based group insurance solutions. Through the partnership, the company will offer life insurance in the variants of ₹1 Lakh, ₹3 Lakh & ₹5 Lakh via MobiKwik’s wallet app & website.
Upasana Taku is the Co-Founder of MobiKwik.
Australia all-rounder Ellyse Perry became the first cricketer of either gender to reach the rare milestone of scoring 1000 runs &taking 100 wickets in the T20 format. Bangladesh's Shakib al Hasan (1471 runs & 88 wickets) stands next in line to join Perry.
She took her 100th wicket in the World T20 final in Nov 2018.
A Broadway director and producer Harold Prince has died at the age of 91. He was the 2- -time Tony award winner. He was famous for his fluid, cinematic director’s touch and was unpredictable and uncompromising in his choice of stage material.
He also was a recipient of a Kennedy Center Honor.