Daily News

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Police Commemoration Day: October 21

Police Commemoration Day is observed on October 21 every year to remember and honour the brave policemen who have laid down their lives in the line of duty. Since 1959, 21 Oct has been observed as Police Commemoration Day.

Did you Know

PM inaugurated 1st National Police Memorial in 2018 at New Delhi

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India world No. 2 in migrations to OECD nations: International Migration Outlook 2020

According to International Migration Outlook 2020, India is second only to China in terms of number of migrants going to the countries from the Organisation for Economic Co-operation and Development and acquiring citizenship in these countries.

Did you Know

OECD is an association of 37 developed countries.

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Asia Power Index 2020: India ranked as 4th most powerful country

According to the Sydney-based Lowy Institute's Asia Power Index for 2020, India stands as the fourth most powerful country in Asia -Pacific following the US, China and Japan. India's power score dipped 1.3 points to 39.7 in 2020 as compared to 41.0 in 2019

Did you Know

On defence networks, India (7th) has improved by one place.

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Govt launches development of indigenous software solution for VTS and VTMS

Shipping Minister e-launched the development of Indigenous Software solution for Vessel traffic services & Vessels Traffic Monitoring Systems. Made in India VTS & VTMS software will pave the way for ‘Make for the world’ vessel traffic management systems.

Did you Know

Shipping Minister MoS (I/C): Mansukh L. Mandaviya.

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IFSCA releases framework for regulatory sandbox to tap into innovative fintech solutions

International Financial Services Centres Authority introduced a framework for regulatory sandbox enabling entities regulated by watchdog to test their new solutions in live environment & on a limited set of real customers with necessary safeguards.

Did you Know

IFSC located at GIFT-City in Gandhinagar, Gujarat.

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IRDAI sets up panel to examine need for standard cyber liability insurance product

IRDAI has set up a panel, headed by P Umesh, to explore possibility of basic standard product structure to provide insurance cover for individuals & establishments to manage their cyber risks. General liability policies do not cover cyber risks.

Did you Know

Insurance Regulatory and Development Authority founded: 1999

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Bank of Baroda ties up with Toyota Kirloskar Motor for auto finance

State-owned Bank of Baroda announced a tie up with Toyota Kirloskar Motor to enable finance options for the automaker's customers and dealers. Following the pact, BoB will be one of the preferred financiers for the entire range of vehicles sold by TKM.

Did you Know

Bank of Baroda Founded: 20 July 1908.

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FICCI to be national industry partner of third edition of 'Make in Odisha'

Odisha signed an agreement with Federation of Indian Chambers of Commerce & Industry as its national industry partner for 3rd ed. of 'Make in Odisha' conclave. Agreement was signed virtually for investment promotion and investor outreach activities.

Did you Know

FICCI Founded: 1927;
HQs: New Delhi.

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SEBI Amends Alternative Investment Fund Rules

SEBI has amended norms relating to alternative investment funds, including defining relevant professional qualifications. Qualification & Exp. criteria of investment team may be fulfilled individually or collectively by personnel of key investment team.

Did you Know

SEBI Founded: 12 April 1992;
HQs: Mumbai.

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Odisha launches 'Mo Bidyut' portal, app

Odisha CM launched an electricity consumer service portal ‘Mo Bidyut’ and its mobile app to provide efficient, time-bound and transparent online service to the people. Consumers will be able to avail services pertaining to new power connection up to 5KW.

Did you Know

Odisha Governor: Ganeshi Lal;
CM: Naveen Patnaik.

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Portraits of Power: NK Singh's new book traces origin and growth of the PMO

N K Singh has released his autobiography ‘Portraits of Power: Half a Century of Being at Ringside’. It recalls his stints over decades starting from 1964 when he joined IAS, serving the government before taking a political plunge with Rajya Sabha term.

Did you Know

He is currently the Chairman of the 15th Finance Commission.

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Paytm to issue 2 million credit cards in next 12-18 months

Paytm in alliance with various card issuers would issue 2 million cards to introduce co-branded credit cards in the next 12-18 months. Next generation credit cards include insurance protection against fraudulent transactions & personalised spend analyser.

Did you Know

Paytm Founder & CEO: Vijay Shekhar Sharma;
HQs: Noida.

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Israeli Embassy to have ‘Water Attache’ in India from January, 2021

Israel Embassy in India will have a separate ‘Water Attache’ from Jan 2021 to share their country’s best practices & technologies for advancements in India’s water management & agriculture sectors. Israel will nominate ‘Water Attache’ for the 1st time.

Did you Know

Israel Capital: Jerusalem;
Currency: Shekel.

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Vijayalakshmi Ramanan, The First Woman Officer Of Indian Air Force Passes Away At 96

1st woman officer of Indian Air Force, Wing Commander (retd) Dr Vijaylakshmi Ramanan passed away at 96. Also a renowned gynaecologist, Dr Vijaylakshmi Ramanan had served in the Army Medical Corps in 1955. She was awarded the Vishisht Seva Medal in 1977.

Did you Know

IAF HQs: New Delhi;
Founded: 8 October 1932.

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IIT-Madras incubated dairy-tech startup Stellapps launches ‘mooPay’ in Rajasthan

IIT-Madras incubated dairy-tech startup & WEF’s technology pioneer, Stellapps launched 1st of its kind, fully-automated direct payment platform ‘mooPay’ for farmers in Rajasthan. It enables dairy officials to transfer milk payments digitally to farmers.

Did you Know

Rajasthan's Capital: Jaipur;
Governor: Kalraj Mishra.

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Senior Congress leader Gurupada Nanda passes away

Senior Congress leader Gurupada Nanda passed away. Nanda joined Congress in 1972 and won the assembly election from Rourkela constituency in 1980. He served as government chief whip. He was president of Cuttack District Congress Committee.

Did you Know

INC Founded: 1885;
Founder: Allan Octavian Hume.

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Acko partners with Finserv MARKETS to offer car and bike insurance

General insurance provider Acko has partnered with Finserv MARKETS, a fintech aggregator to offer two and four-wheeler insurance policies. Acko offers value-added services like three-day assured claim servicing and One year repair warranty.

Did you Know

Acko Founder: Varun Dua;
HQs: Mumbai.

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Renowned economist Dr Jayanta Madhab passes away

Renowned economist from Assam, Dr Jayanta Madhab passed away. He worked as financial adviser to Calcutta Metropolitan Development Corp and has served as director at the ADB. He was the founder chairman of North Eastern Development Finance Corporation Ltd.

Did you Know

Assam's Capital: Dispur;
CM: Sarbananda Sonowal.