Daily News

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India Post Payment Bank launches doorstep service to submit digital life certificate

India Post Payments Bank successfully launched the initiative of doorstep service for submission of Digital Life Certificate through Postman. The facility to submit life certificate online through Jeevan Pramaan Portal was launched by PM Modi in 2014.

Did you Know

Dept of Pensions &Pensioners’ Welfare roped in for the facility

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Government set up a 22 member inter-ministerial Panel headed by Arun Goel To Boost Country's Capital Goods Sector

The Govt set up a 22-member inter-ministerial committee for strengthening India's capital goods sector through interventions that help it in contributing actively towards achieving the target of a $5 trillion economy and a $1 trillion manufacturing sector.

Did you Know

Arun Goel is the Secretary of Department of Heavy Industries.

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Home Minister Amit Shah launched Sarhad Vistar Vikasotsav 2020 to provide basic amenities

Union Home Minister Amit Shah inaugurated Sarhad Vistar Vikasotsav 2020 in Kutch, Gujarat. It is aimed to address the problems relating to health, education and road connectivity in remote and border villages, so that standard of living can be improved.

Did you Know

Amit Shah Constituency: Gandhinagar, Gujarat.

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Abu Dhabi’s SWF is first notified fund to get 100% income-tax exemption

Capital of the UAE, Abu Dhabi’s Sovereign Wealth Fund - MIC Redwood 1 RSC Limited became the first foreign SWF that has been notified and granted 100% income-tax exemption for the long-term investments to be made in the specified priority sectors in India.

Did you Know

SWF is state-owned investment fund derived from surplus reserve.

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2nd World Health Expo held in Wuhan, China

The second World Heath Expo was inaugurated in Wuhan, the capital of Hubei Province of China. This Expo will focus on displaying the most cutting-edge science and technology in the global health industry and help Wuhan build city of global health industry.

Did you Know

China Capital: Beijing.
Currency: Renminbi.

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Odisha government to introduce fish in nutrition scheme

The Odisha government is set to introduce fish & fish-based products in the supplementary nutrition programme for children, pregnant and nursing women, and adolescent girls. The pilot programme will start across 50 Anganwadi centres in Mayurbhanj district.

Did you Know

MoU was also signed between the state govt & World Fish.

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Telangana government launched two apps – Palle Pragati PS App (panchayat secretary app) and Monitoring App

Telangana government has recently launched two mobile applications viz Palle Pragati PS App (panchayat secretary app) and Monitoring App for effectively monitoring the works undertaken by the gram panchayats and improving their efficiency & transparency.

Did you Know

Telangana Capital: Hyderabad.
CM: K Chandrashekar Rao.

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Manipur government launches Oil Palm Project

Manipur CM N. Biren Singh launched Oil Palm Project, which is seen as an alternative to replace Jhum & poppy cultivations. The project was launched under the National Mission on oilseed and palm oil which aims to make India self-sufficient in edible oils.

Did you Know

Imphal is the capital of Manipur.
Governor: Najma Heptulla

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J&K govt launches e-Auction portal to promote GI tagged ‘Kashmir Saffron’

Jammu and Kashmir government has launched an e-Auction portal to promote trading of GI tagged ‘Kashmir Saffron’ across the country. This e-auctioning will provide an efficient platform to the saffron growers for getting optimum returns of their yield.

Did you Know

J&K incumbent Lieutenant Governor: Manoj Sinha.

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Paytm launches Payout Links for small businesses

Payout Links was launched to process pay-out transactions easily. It will allow businesses to send incentives to the customers’ accounts. It is aimed at helping small businesses in sectors like gaming, retail, export, manufacturing and e-commerce.

Did you Know

This feature is a new addition on the Paytm Payout feature.

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SEBI forms expert group under Sandip Bhagat to review norms related to share-based staff benefit, issue of sweat equity

Market regulator SEBI formed a seven-member expert group chaired by Sandip Bhagat Partner at S&R Associates to revisit the framework of share-based employee benefit and that of sweat equity regulations vis-a-vis the Companies Act and suggest policy changes

Did you Know

Sweat equity shares reward employees for their contribution.

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HDFC Bank launches SmartHub Merchant Solutions 3.0 for SMEs

HDFC Bank announced the launch of SmartHub Merchant 3.0. It will allow merchants and self-employed professionals to instantly open a current account and start accepting payments in-store, online, and on-the-go. The interface is available in nine languages.

Did you Know

HDFC Bank CEO: Sashidhar Jagdishan.

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Tata AIA Life Insurance partners with PayBima to drive Life Insurance Protection through Digital sales

TATA AIA Life partnered with PayBima to distribute its industry-leading life insurance solutions. It is in line with Tata’s mission to provide Ease of Doing Business to its customers & aims to make the process of buying life insurance solutions easy.

Did you Know

PayBima is the digital arm of Mahindra Insurance Brokers Ltd.

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Boskiyana, a book on Gulzar by Yashwant Vyas

Boskiyana: The Life and the World of Gulzar is a book to know the philosophy of Gulzar’s life. Gulzar is a great person, famous poet, film director, writer-songwriter. Gulzar has been awarded the Padma Bhushan, Dadasaheb Phalke, Grammy, Oscar, etc.,

Did you Know

Vyas has been associated with Gulzar for around 2-3 decades.

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13th Urban Mobility Conference 2020 inaugurated by MoHUA Hardeep Singh Puri

The 13th Urban Mobility Conference 2020 was held virtually under the theme ‘Emerging Trends in Urban Mobility’. The Capital Region Urban Transport (CRUT) of Odisha won the Award of Excellence again. Mo Bus Service was adjudged the best bus service in India

Did you Know

14th UMI Conference is scheduled to be held in Kochi, Kerala.

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CCI approves acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC

CCI approved acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC (GIL) under Section 31(1) of Competition Act, 2002. GIL is a wholly-owned subsidiary of Google LLC. JPL is a subsidiary of Reliance Industries Ltd.

Did you Know

Google International LLC is a Delaware ltd liability company.

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CCI approves transfer of 100% shareholding SinoChem and ChemChina to Central SASAC

CCI approves transfer of 100% shareholding of SinoChem Group Company Limited & China National Chemical Corporation Limited to a new company wholly owned by China State-owned Assets Supervision & Administration under Section 31(1) of Competition Act, 2002.

Did you Know

SinoChem and ChemChina are headquartered in China.

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CCI approves acquisition of Orix Wind SPVs by GEH from ORIX Corporation & equity stake in GEH by Orix

The Competition Commission of India approved the acquisition of Orix Wind SPVs by Greenko Energy Holdings (GEH) from ORIX Corporation (Orix) & equity stake in GEH by Orix. Hyderabad-based GEH is the holding company of the Greenko group of companies.

Did you Know

Japan-based Orix offers a wide variety of financial services.

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Lancet Report: India ranked 196th in BMI ranking; Netherlands tops

India was ranked at 196th place w.r.t BMI (Body Mass Index), according to a recent publication by the Lancet. Indian 19-year-olds have a BMI of 20.1. Indian boys ranked 180th with an average height of 5.46 ft & girls 182nd with average height of 5.06 ft.

Did you Know

The normal BMI ranges between 20 & 25.

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Vellayan Subbiah appointed new chairman of Cholamandalam Investment Finance

Cholamandalam Investment and Finance Co. Ltd. (Chola), a Murugappa group firm named Vellayan Subbiah as the chairman in the place of M.M. Murugappan, who will step down upon reaching the retirement age. Subbiah is the MD of Tube Investments of India Ltd.

Did you Know

Chola is the financial services arm of Murugappa Group.

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Navy's fifth Scorpene class submarine 'Vagir' launched at Mazagon Dock

Union Min Shripad Naik launched the 5th Scorpene class submarine Vagir of Project 75 in Arabian Waters at Mazagon Dock in Mumbai. Vagir is a part of 6 Kalvari-class submarines being built in India. They are designed by French Naval Defence company DCNS.

Did you Know

Vagir is named after a sandfish, a predator of Indian Ocean.