Vistara & Axis Bank launched a co-branded forex card that can load up to 16 currencies & has emergency assistance services like loss of passport assistance through Trip-Assist & insurance cover of up to Rs 3 lakhs. The card has locked-in exchange rates.
Axis Bank CEO: Amitabh Chaudhry
HQs: Mumbai
Prasar Bharati & IFFCO have signed an MoU to broadcast & promote new agriculture technology and innovations. DD Kisan will broadcast various innovative tech. being adopted in agriculture field through 30minutes program series for the benefit of farmers.
IFFCO’s innovations will be shared by DD Kisan in 25 episodes.
Gujarat has announced Digital Seva Setu Programme for rural areas in which citizens will be able to get benefit from public welfare services at Panchayat level. It is initiated under Bharat Net Project. Phase 1 of Digital Seva Setu will start from 8th Oct.
Villages will be connected with 100 MBPS optical fibre network
The Government appointed Dinesh Khara as the chairman of State Bank of India for 3 years. Khara will replace SBI Chairman Rajnish Kumar. The country's largest lender, SBI, is headed by a chairman with four managing directors to assist.
SBI HQs: Mumbai;
Founded: 1 July 1955
Markets regulator SEBI revamped product labelling on M.F. schemes under risk-o-meter by introducing a "very high risk" category to warn investors. The existing 5 categories to measure risks are - low, low to moderate, moderate, moderately high, and high.
SEBI Founded: 12 April 1992;
HQs: Mumbai.
Justice K K Usha, former Chief Justice of Kerala HC, passed away. She was 81. When She was appointed Chief Justice of the Kerala HC from 2000-2001, Justice Usha became the 1st woman to join the High Court Judiciary from the Bar and became a Chief Justice.
Kerala's Capital: Thiruvananthapuram;
CM: Pinarayi Vijayan.
Former Union minister and veteran leader Qazi Rasheed Masood passed away. He was 73. He had been an MP 9 times while he was associated with different political parties. He had also served as the Union minister of state for health (IC) in the VP Singh govt.
He was candidate of UNP Alliance for VP’s post in 2007.
Gadget accessory & consumer electronics brand Ubon has roped in Rana Daggubati as its brand ambassador to tap into Southern market. With the association, the company aims to leverage the massive appeal the actor enjoys across the southern part of nation.
Ubon was incorporated in the year 1999.
Indian batsman Ajinkya Rahane has been appointed as the brand ambassador and advisor of Hudle. Apart from being the face of the brand, he will also guide with strategic inputs through his experience in professional sport.
Founder and CEO, Hudle: Suhail Narain.
FM launched 'MSME Prerana', an online business mentoring programme for MSMEs by state-run Indian Bank. The programme, to be made available in local languages, is aimed at empowering entrepreneurs through skill development and capacity building workshops.
The initiative is in collaboration with Poornatha & Co.
Appointments Committee of Cabinet has approved the appointment of M A Ganapathy as the DG, BCAS, for tenure up to his superannuation on Feb 29, 2024 or until further orders. Post of BCAS chief fell vacant after Rakesh Asthana was appointed as the DG, BSF.
BCAS was set up in Jan 1978 on the recomm, of Pande Committee.
Eddie Van Halen, considered one of rock music’s greatest guitar players, passed away. He was 65. Van Halen is among the top 20 best-selling artists of all time and his band was inducted into the Rock and Roll Hall of Fame in 2007.
R.S. magazine put him at No 8 in list of 100 greatest guitarists
India & Myanmar have agreed to work towards the operationalization of the Sittwe port in Rakhine state in 1st quarter of 2021. Both agreed to strengthen their partnership in bordered security connectivity projects, capacity building, power and energy.
Myanmar's Capital: Naypyitaw;
Currency: Burmese kyat.
Railway Minister virtually inaugurated the renaming of Naugarh station to Siddharthnagar station situated at Siddharthnagar district in UP. Naugarh was renamed in view of public aspirations due to the birth of Mahatma Buddha in Lumbini near Naugarh.
The name of Naugarh was changed to Siddharthnagar in Dec. 2019.
Roger Penrose won half of prize for discovery that black hole formation is robust prediction of general theory of relativity, Reinhard Genzel & Andrea Ghez received second half of prize for discovery of supermassive compact object at center of our galaxy.
In 1915, Einstein developed the theory of general relativity.
Commerce and Industry Minister released the results of 1st edition of National Startup Awards. Awards were given in 12 diff. sectors which include Agriculture, Education, Enterprise Technology, Energy, Finance, Food, Health, Industry & Urban Services.
India boasts the 3rd largest Startup Ecosystem in the world.
ICICI Bank became 1st Indian bank to introduce debit card facility for customers availing LAS from Bank. Debit card is available on Visa platform. It can be used across all domestic merchant establishments to make seamless POS & online transactions.
ICICI HQs: Mumbai;
Founded: June 1994.
First-of-its-kind organic spices seed park will come up at 2 places, Banaskantha (fennel seed) & Patan (cumin seed), in Gujarat with an aim to encourage capacity building & adoption of best practices in the production of seeds, main crops in region.
National Bank for Agriculture & Rural Development Founded: 1982.
RGICL a 100% subsidiary of Reliance Capital, has partnered with SatSure Analytics for satellite-based crop monitoring and predictive analytics support for better risk management and improving the efficiency of its Crop Insurance business operations.
RGICL Founded: 17 August 2000;
CEO: Rakesh Jain.
Minister of Textiles launched 1st ever Brand & Logo for Indian Cotton on World Cotton Day. It would be known as ‘Kasturi Cotton’ in the world cotton trade. It will represent Whiteness, Brightness, Softness, Purity, Luster, Uniqueness & Indianness.
WCD observed globally on 7th October since 2019.
Vice President M Venkaiah Naidu greeted personnel of the Rapid Action Force on the organisation's 28th raising day. The Rapid Action Force is part of the Central Reserve Police Force created especially to deal with riots and riot-like situations.
CRPF is India's largest Central Armed Police Force.