Daily News

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Conservationist Vivek Menon wins Clark Bavin Award

Conservationist Vivek Menon, head of Delhi-based conservation non-profit, Wildlife Trust of India awarded the prestigious Clark R Bavin Wildlife Law Enforcement Award for the year 2019. He co-founded TRAFFIC India with his mentor the late Ashok Kumar.

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18th meeting of Conference of Parties to CITES, held at Geneva.

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Ajay Kumar new Defence Secretary, Rajiv Gauba made Cabinet Secretary

Appointments Committee of the Cabinet has approved, Home Secretary Rajiv Gauba as Cabinet Secretary for two years. Ajay Kumar as Secretary, Defence who will replace Sanjay Mitra. Brij Kumar Agarwal has been appointed Secretary, Lokpal.

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Department of Personnel and Training issued the order.

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RBI allows e-mandates on cards for recurring transactions

RBI permitted processing of e-mandate on credit & debit cards for recurring transactions (merchant payments) with a cap of Rs 2,000. It is applicable for transactions performed using all types of cards - debit, credit & PPIs, including wallets.

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PPIs- Prepaid Payment Instruments

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Paytm retains BCCI title sponsorship rights till 2023 for Rs 326.8 crore

Paytm, the e-commerce payment system and digital wallet company, will continue as the title sponsor of the Indian cricket board’s domestic and international matches for the next five years. Rs 326.80 crore was the winning bid.

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Paytm founder and CEO Vijay Shekhar Sharma.

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BookMyForex, YES Bank tie up for foreign exchange travel card

BookMyForex.com, a marketplace for foreign exchange & remittances, partnered with YES Bank to launch a co-branded multi-currency forex travel card for Indian overseas travellers. It will offer zero margin or exact inter-bank rates 24x7 on forex card sales.

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Sudarshan Motwani, Founder and CEO, BookMyForex.com

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Acko partners with ZestMoney to offer credit insurance

Acko General Insurance has partnered with ZestMoney, a consumer lending fintech, to offer credit insurance. It will help ZestMoney customers cover their monthly EMI payments during times of crisis.

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Vler Technologies Pvt Ltd -Subsidiary of Acko General Insurance.

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Sri Lanka secures 160 million USD loan from ADB to modernize railway system

Sri Lankan government has secured a loan from the Asian Development Bank (ADB) amounting to 160 million U.S. dollars to modernize local railway operations and improve the efficiency of services provided by Sri Lanka Railways.

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Takehiko Nakao, ADB current president.

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APICOL signs two MoUs to promote agriculture entrepreneurship

Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL) signed an agreement with PRADAN a national-level NGO, for implementation of agriculture entrepreneurship promotion scheme in tribal selected blocks of the state.

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Professional Assistance for Development Action (PRADAN)

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Standard Chartered partners with SAP Ariba for financial supply chain solutions

Standard Chartered Bank and SAP Ariba announced a strategic collaboration to make the Bank’s financial supply chain solutions easily accessible to businesses in the Asia Pacific region through Ariba Network.

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Lisa Robins- Global Head Transaction Banking ,Standard Chartered

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International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief observed on 22 August

UN General Assembly (UNGA) adopted the day in order to strongly condemn continuing violence and acts of terrorism targeting individuals, including persons belonging to religious minorities, on the basis of or in the name of religion or belief.

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María Fernanda Espinosa Garces- current president of UNGA.

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Israel, South Korea conclude talks on Free Trade Agreement

Israel & South Korea concluded three years of negotiations on a free trade agreement. It will provide a competitive advantage & ease activity for Israeli exporters in the South Korean market, thus strengthening Israeli exports & increasing economic growth.

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Israeli Prime Minister Benjamin Netanyahu