RBI has created a Payments Infrastructure Development Fund (PIDF) to encourage acquirers to deploy Points of Sale (PoS) infrastructure -- both physical and digital modes-- in tier-3 to tier-6 centres and northeastern states.
RBI to contribute ₹250 cr, rest by card issuing companies.
2020 World Archery Field Championships in Yankton, USA, have been postponed until 2022 which was due to take place in September this year at the NFAA Easton Yankton Archery Centre, the world’s largest dedicated archery facility.
World Archery Federation HQ: Lausanne, Switzerland.
Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, was named EY ‘World Entrepreneur Of The Year 2020’ in a virtual award ceremony. She was picked from among 46 award winners from across 41 countries. She became the 3rd Indian to get the honors.
Earlier Indian Winners: Uday Kotak (2014); Narayan Murthy(2005).
Tech Mahindra, a provider of digital transformation, consulting and business reengineering services signed a joint declaration with UN Global Compact urging governments to align their COVID-19 recovery efforts with the latest climate.
Carbon Price of $10/ton CO2 has also been implemented by company
As per a report titled, IoT: Driving the Patent Growth Story in India, by the National Association of Software and Services Companies, there have been about 6,000 IoT Patents filed in India from 2009-19 of which over 5,000 were filed in last 5 years.
70% of patents came from multinationals, 7% from start-ups.
Larsen & Toubro said its board has given nod for reappointment of A M Naik as non-executive chairman of the company for a period of three years from October 1, 2020. Also, the tenure of whole-time Director Dip Kishore Sen was extended for 3 yrs.
Naik was chairman of National Skill Development Corp in 2018.
Task force is headed by Jaya Jaitly & it will submit its report by 31st July. The task Force will examine the issues related to Infant Mortality Rate, Maternal Mortality Rate, Total Fertility Rate, Sex Ratio at Birth, Child Sex Ratio (CSR).
Union WCD Minister: Smriti Irani.
Under the theme "Food safety, everyone’s business", the action-oriented campaign to promote global food safety awareness and call upon countries and decision makers, the private sector, civil society, UN organizations and the general public to take action.
FAO is a UN Specialised agency headquartered in Rome, Italy.
SEBI has approved the regulatory sandbox framework for the stock market ecosystem. The term is used for live testing new financial technology (fintech) solutions on customers, without having to be fully licensed, but under strict regulatory supervision.
SEBI HQ: Mumbai; Chairman: Ajay Tyagi.
Senior BJP leader Chandrakanta Goyal, mother of Railway Minister Piyush Goyal, died at her residence in Mumbai due to old age. She was 88. She represented the BJP from the Matunga Assembly constituency in Mumbai for three terms.
Piyush Goyal is also Union Minister of Commerce & Industry.
Online travel company Yatra has terminated its pending merger agreement with US-based software firm Ebix and filed litigation against it in the State of Delaware, seeking "substantial damages" for alleged breaches of terms of the pact.
Yatra.com is an Indian online travel agency based in Gurugram.
In Madhya Pradesh, a plantation drive named ‘Thank Mom’ has been started on the premises of Social Justice and Disabled Welfare Directorate on World Environment Day. Plants are fitted with a plaque in the name of the mother of each employee.
Programs on the theme of ‘Time for Nature’ were organized.