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Airtel Payments Bank Limited (APBL) has teamed up with Mastercard to develop customized financial products for Indian farmers and Small and Medium Enterprises (SMEs) in a bid to deepen penetration of financial services in unbanked and underbanked regions.
This could help farmers gain access to neighbourhood banking.
Border Road Organisation dug up a tunnel below Chamba Town in Uttarakhand under the Char Dham Project which would reduce the journey to only 10 minutes compared to 30 minutes. It will facilitate connectivity to Gangotri, Kedarnath, Yamunotri and Badrinath.
Chardham is ₹12,000 cr project expected to be through by Oct ’20
Woman peacekeeper and Indian Army officer, Major Suman Gawani is selected for the United Nations Military Gender Advocate of the Year Award. Recognized for her work her campaign against sexual violence, she is the first Indian Peacekeeper to win the award.
She was described as ‘powerful role model’ by the UN Chief.
Periasamy Kumaran was appointed as India's High Commissioner to Singapore. He is at present Ambassador of India to Qatar. He will replace Jawed Ashraf, who took over as High Commissioner of India to Singapore in November 2016.
Prem K Nair appointed as Ambassador to the Republic of Niger.
After the recent extension of the Pradhan Mantri Vaya Vandana Yojana up to 31 st March 2023 by the government, LIC has launched a modified non-linked, non-participating, pension plan. The policy term is 10 years and the assured rate of interest is 7.4%.
LIC of India is solely authorized to operate this scheme.
Prolific Indian American inventor Rajiv Joshi, with more than 250 patented inventions, has bagged the prestigious Inventor of the Year award for his pioneering work in advancing the electronic industry and improving Artificial Intelligence capabilities.
Award was given by the NY Intellectual Property Law Association.
Pradhan Mantri Matsya Sampada Yojana, a blue revolution scheme, aims to enhance fish production to 220 lakh metric tons by 2024-25 from 137.58 lakh metric tons in 2018-19 at an average annual growth rate of about 9% with an investment of ₹20,050 crores.
Fisheries, Animal Husbandry & Dairying Minister- Giriraj Singh.
JK Rowling announced a brand new children's book, which she is publishing in daily instalments on her website for free.The Ickabog is her 1st children's story not to be linked to Harry Potter.Chapters of The Ickabog are being published daily until 10 July.
Final Harry Potter novel came out in 2007.
Maruti Suzuki India joined hands with ICICI Bank to offer retail financing schemes to its customers. Accordingly, the bank is offering Flexi EMI scheme which enables customers to pay low EMI initially, in order to help with the ongoing liquidity stress.
EMI starts from ₹ 899 on loan of Rs 1 lakh for first 3 months.
Fitch Ratings, CRISIL, and SBI Research drastically cut India’s economic growth forecast in the current FY. Fitch and CRISIL projected to contract 5% from their earlier estimates of at 0.8% and 1.8%, respectively. SBI Research expects contraction at 6.8%.
CRISIL expects current quarter’s GDP to shrink 25% year on year.
Mumbai – based start-up makes world's first contactless visitor management software, called VAMS SafeGuard with temperature scanner and mask detection. It uses AI to allow visitors those who comply with protection measures and can read face with a mask on.
CEO of VAMS Global: Nikhil Kothari.
CSIR-IIIM, Jammu a constituent laboratory of CSIR partnered with Reliance Industries Limited to develop a new Reverse Transcriptase-Loop Mediated Isothermal Amplification (RT-LAMP) based COVID-19 diagnostic kit for which a formal MOU has also been signed.
This nucleic acid-based test is a rapid (45 – 60 minutes) test.
Power Finance Corporation, under Ministry of Power, entered into an agreement with Narmada Basin Projects Company Ltd., a company of Govt. of Madhya Pradesh, to fund projects worth Rs.22,000 crore for 225 MW hydro-electric projects & multipurpose projects.
The funds will be deployed by NBPCL for setting up the projects.
Bengaluru-based medical doctor Hema Divakar was honoured with the 'Global Asian of the Year 2018-19' award in Dubai at the Asian Business and Social Forum recently for her yeomen services and contributions to the women's healthcare ecosystem.
Category of Award: 'In Service of the Society and the Nation'.
Ceylon Workers’ Congress [CWC] leader and Sri Lanka Cabinet Minister Arumugam Thondaman passed away at 55. Arumugam Thondaman served in President Gotabaya Rajapaksa's government as Minister of Community Empowerment and Estate Infrastructure Development.
Sri Lanka President: Gotabaya Rajapaksa.
In the UT of J&K, Adviser to Lieutenant Governor Baseer Ahmad Khan inaugurated a first of its kind Infectious Disease Block facility at Sher-e-Kashmir Institute of Medical Sciences (SKIMS) in Srinagar. This is to be used solely for treatment of COVID-19.
Prof. A. G. Ahangar, Director of SKIMS.