Daily News

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International Day of Charity: 5 September

In recognition Mother Teresa’s role of charity in alleviating humanitarian crises & human suffering within & among nation, UN designated September 5, as International Day of Charity to mark the day she expired.

Did you Know

She won Nobel Peace prize in 1979

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MCX, Zhengzhou Exchange sign MoU for exchange of information

Multi Commodity Exchange of India & Zhengzhou Commodity Exchange of China have signed MoU for co-operation and the exchange of information. MCX offers commodity futures contracts in bullion, base metal, energy & agricultural commodities

Did you Know

PS Reddy, Managing Director & CEO of MCX

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IDBI Bank to divest stake in insurance joint venture

IDBI Bank announced the plan to sell its stake in its insurance joint venture IDBI Federal Life Insurance Co, while JP Morgan India has been mandated to manage the process for the same. IDBI Bank owns 48% of the insurance company

Did you Know

LIC of India owns majority stake in IDBI Bank

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StanChart launches DigiSmart card

Standard Chartered Bank launched a DigiSmart credit card that would be available for a monthly fee of ₹49, which will, however, be waived off if the customer spends more than ₹5,000 in the previous month.

Did you Know

Standard Chartered HQ: London, UK

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Prez Kovind to confer National Awards to teachers

President Ram Nath Kovind to confer the National Award to Teachers-2018 in New Delhi & "Prerna App" was launched by Chief Minister Yogi Adityanath to mark the occasion of birth anniversary of former President Dr Sarvepalli Radhakrishnan on September 5

Did you Know

Google released an animated doodle for Teacher’s Day

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Wipro secures deal worth $300 mn from ICICI Bank

Wipro Ltd secured a strategic 7-yr deal valued at $300 mn from ICICI Bank to provide a suite of digital services & to further strengthen our endeavor to provide differentiated technology & digital capabilities to financial services industry

Did you Know

Azim Premji handed over the Wipro chair to Rishad Premji

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Nissan India Appoints Rakesh Srivastava As Managing Director

Nissan announced the appointment of Rakesh Srivastava as Managing Director, Nissan Motor India and would report to Sinan Ozkok, President of Nissan India Operations. He worked as Director in charge of electric vehicle development, JSW Group

Did you Know

Nissan automobile HQ: Yokohama, Japan

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India Russia sign energy deal, set $30 bn trade target by 2025

India-Russia signed a 5-year road map for cooperation in the energy sector, cooperation in the production of spare parts for Russian-Indian military equipment to infrastructure finance. Target of $30 billion in bilateral trade by 2025 was also set

Did you Know

Russia President: Vladimir Putin; Currency: Russian Ruble

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RBI makes repo-linked interest rates mandatory

RBI has made it mandatory for banks to link all of their new loan products- personal, housing or auto to an external benchmark like the policy repo rate w.e.f 1st October 2019. Banks may choose any benchmark market interest rate published by FBIL

Did you Know

FBIL Financial Benchmarks India Private Limited - FBIL

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Prof Muhammad Yunus conferred 'Lamp of Peace of Saint Francis ' award

Nobel Laureate from Bangladesh Professor Muhammad Yunus was conferred the 'Lamp of Peace of Saint Francis ' award by the Vatican for his contribution towards establishing peace & harmony at the historical Papal Basilica of Assisi in Italy

Did you Know

Vatican is a city-state surrounded by Rome, Italy

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LaShawn Daniels Grammy Award-winning songwriter dies at 41

LaShawn Daniels, a Grammy Award-winning songwriter who penned songs for Beyoncé, Whitney Houston and Lady Gaga has died. He was 41. He earned a Grammy in 2001 for his songwriting work on Destiny Child's 'Say My Name.'

Did you Know

Grammy Presented by: The Recording Academy of USA