Daily News

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India extends $ 1 billion Line of Credit to Central Asia for connectivity & other development projects

India announced an additional $ 1 billion Line of Credit for Central Asian countries to widen connectivity and energy partnership among other sectors at the meeting of India-Central Asia Dialogue held virtually with participation of Afghanistan.

Did you Know

External Affairs Minister S Jaishankar chaired the meeting.

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DBS named Asia's Safest Bank for 12th consecutive year

DBS Bank has been named the Safest Bank in Asia for the 12th consecutive year by New York-based trade publication Global Finance. DBS' rankings as the 4-safest commercial bank in the world & 14th safest bank globally remains unchanged from 2019 and 2018.

Did you Know

KfW (Germany) is ranked as the the world's Safest Bank.

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Tech giant IBM, Indian Oil Corporation collaborate for digital services

Around 12,400 IOCL distributors covering about 130 million consumers can now use the IndianOil One mobile app and portal, developed by IBM Services. The IndianOil One mobile app and portal are part of Indian Oil's Project ePIC.

Did you Know

IOC Chairperson: Shrikant Madhav Vaidya.

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ICICI Lombard, FreePaycard offer bite-sized, convenient health insurance solutions

ICICI Lombard in partnership with Freepaycard has launched Group Safeguard Insurance. The plan will be offered to the members of Freepaycard, allowing them to receive an assured amount in case of any injury or hospitalization for treatment.

Did you Know

Freepaycard is an online pre-paid card trading platform.

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European Commission, ICSSR Sign New Implementing Arrangement to enhance Scientific Cooperation

The European Commission and the Indian Council of Social Science Research (ICSSR) signed a new implementing arrangement to enhance scientific cooperation. European Research Council (ERC) was formed in the year 2007.

Did you Know

Ambassador of the European Union to India- Ugo Astuto.

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MoU signed between SAI and Arunachal Pradesh government

In order to develop the sports infrastructure at the National Centre of Excellence in Itanagar, an MoU was signed between the Sports Authority of India and Arunachal Pradesh government. SAI is the apex national sports body of India, established in 1982.

Did you Know

Union minister for sports & youth affairs- Kiren Rijiju.

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ISRO to launch Earth Observation Satellite EOS-1 and 9 Customer Satellites

India would launch its latest earth observation satellite EOS-01 and nine international customer spacecraft onboard its PSLV-C49 rocket from the spaceport of Sriharikota. EOS-01 is intended for applications in agriculture, forestry, & disaster management.

Did you Know

ISRO Chairman- K. Sivan.

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Arvind Kejriwal launches ‘Green Delhi’ app to address pollution complaints

Citizens can click pictures/ make a video of pollution causing activities, such as burning of garbage, and upload them on the application. The app will identify the location and the complaint will be automatically forwarded to the concerned department.

Did you Know

A ‘green war room’ has been set up at the Delhi Secretariat.

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Dr Harsh Vardhan launches DST initiative SERB – POWER for women scientists

Dr Harsh Vardhan, Union Minister for Science & Technology, Earth Sciences and Health & Family Welfare launched a Scheme titled ‘SERB-POWER’ (Promoting Opportunities for Women in Exploratory Research), designed exclusively for women scientists.

Did you Know

Scheme has two components: Fellowship & Research Grants.

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Walmart Vriddhi starts Digitally Enhanced Learning Process to train MSMEs

With Walmart Vriddhi Supplier Development Program, India's MSMEs now have an opportunity to embark on interactive online training experiences and personalised mentoring, with access to resources and experts to support growth.

Did you Know

Walmart Vriddhi Program was launched in December 2019.

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Advisor to J&K Lieutenant Governor Kewal Kumar Sharma appointed as State Election Commissioner

KK Sharma, an advisor to J&K LG Manoj Sinha, resigned from his post & was appointed the State Election Commissioner. Sharma, a 1983-batch IAS officer of the Arunachal Pradesh, Goa & Mizoram UTs cadre, was appointed advisor to the LG in 2019 November.

Did you Know

He also served as secretary in the HRD Ministry.

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8000MW renewable park to light up India-Pak border areas in Rajasthan

Rajasthan will soon ink an MoU with National Thermal Power Corporation (NTPC) and Solar Energy Corporation of India (SECI) to establish Ultra Mega Renewal Energy Power Park with 8,000 megawatts capacity in India’s border areas with Pakistan in Rajasthan.

Did you Know

8000MW park will use wind, solar & power from biomass.

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RBI to buy state bonds in open market for the second time

RBI will aim to purchase Rs 10,000 crore worth of bonds issued by more than a dozen state governments known as State Development Loans in market parlance for the second time. Earlier the RBI conducted the first ever such OMOs on October 22.

Did you Know

Selected papers residual maturities fall between 2029-2031.

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RBI imposes monetary penalty on DCB Bank, Jio Payments Bank for rule violations

RBI has imposed a penalty of Rs 22 lakh on DCB Bank for non-compliance with certain provisions on marketing/distribution of mutual fund/insurance etc. In the case of Jio Payments Bank, the RBI imposed a penalty of Rs 1 crore.

Did you Know

DCB and Jio Payments bank are headquartered at Mumbai.

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31 October: National Unity Day

Rashtriya Ekta Diwas or National Unity Day is observed on 31st of October. The day commemorates the birth anniversary of Sardar Vallabhbhai Patel. He is known as the Iron Man of India and as one of the founding leaders of the Republic of India.

Did you Know

Government of India introduced Rashtriya Ekta Diwas in 2014.