KVIC inaugurated a new Khadi India Sales Outlet within the premises of SPG Residential Complex at Dwarka in Delhi. This outlet will benefit nearly 4,000 families of SPG officers and staff residing in two adjacent residential complexes in the area.
SPG is the agency responsible for security of Prime Minister
PM Modi has announced grant assistance of $15 million to Sri Lanka for the promotion of Buddhist ties between India & Sri Lanka. Both nations have also extended the MoU on High Impact Community Development Projects for a 5-year period beginning 2020.
Sri Lankan PM: Mahinda Rajapaksa; Currency: SL Rupee
Ministry of Road Transport & Highways has notified amendments in the Central Motor Vehicle Rules, allowing the implementation of Electronic enforcement, Maintenance of Vehicular Documents & E-Challans through a portal for better monitoring & enforcement
Amendment comes to effect from October 1, 2020
Former Union Minister Jaswant Singh passed away in New Delhi at the age of 82. One of the founding members of the Bharatiya Janata Party Jaswant Singh served as Minister of Defence, External Affairs & Finance & also Dpy Chairman of Planning Commission.
He was a nominee in the Vice Presidential election in 2012.
Mazagon Dock Shipbuilders Ltd., a defence PSU, has announced opening of its initial public offering for subscription. The offer is being made through book-building process where the disinvestment will be diluting 15.17% of Govt's stake in the company.
DEPT OF INVESTMENT & PUBLIC ASSET MGMT is under Finance Ministry
Under the rules, individual IA will apply for registration as non-individual IA on onboarding 150 clients & will have to enter into an investment advisory agreement with its clients. Max. fees that may be charged will not exceed 2.5% of Asset under Advice
SEBI Chairman: Ajay Tyagi; HQ: Mumbai
India & Denmark have inked a Memorandum of Understanding to increase cooperation in the area of intellectual property rights (IPRs) by exchanging best practices & collaborating in training programmes. Both sides will draw up a biennial work plan towards it
Denmark Capital: Copenhagen
Currency: Danish krone
Board of Control for Cricket in India (BCCI), on Saturday, announced the appointment of former India Women’s cricketer Neetu David as the head of the new All-India Women's Selection Committee. The women’s selection committee will comprise of 5 members
She is the 2nd-highest wicket-taker for India in WODIs
Prize is given to Indian scientists below the age of 45 for outstanding research in 7 fields: Biology, Chemistry, Environment Science, Engineering, Maths, Medicine & Physics. A book & a short film on the contributions of CSIR laboratories & institutes
Dr D Chakraborty, was awarded the CSIR Young Scientist Award
IDFC First Bank is set to launch SafePay, a digital facility that allows contactless debit card payments by simply waving one’s smartphone against a Near Field Communication (NFC)-enabled POS terminal. SafePay embeds NFC tech. to enable secure payments .
IDFC First Bank CEO: V. Vaidyanathan
HQ: Mumbai
India,USA,Japan & Australia held a virtual meeting under the framework of Quadrilateral coalition or "Quad", focusing on ways to promote peace,security,stability & prosperity in Indo-Pacific region. ASEAN is a major stakeholder in the Indo-Pacific region.
4 nations are set to hold talks in Tokyo in October 2020.
The 2020 edition of World Tourism Day, with the theme of "Tourism and Rural Development", will celebrate the unique role that tourism plays in providing opportunities outside of big cities and preserving cultural and natural heritage all around the world.
Nations from Mercosur bloc will serve as joint hosts for 2020.
Life Insurance Corporation of India, General Insurance Corporation & New India Assurance Co have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2020-21 by insurance regulator IRDAI & will be subjected to enhanced supervisions.
D-SIIs are perceived as ‘too important/big to fail'.
Organised by the Ministry of Development of North Eastern Region annually, the objective of the event is to celebrating and showcasing the culture of the northeast region to other parts of the country in order to strengthen national integration.
2020 theme for event: ‘The Emerging Delightful Destinations’.