IFSCA is in charge of the International Bullion Exchange to be set up at GIFT IFSC, Ahmedabad. The regulations notified for the same covers the Bullion Exchange, Clearing Corporation, Depository and Vaults. The regulations are divided into 16 chapters.
GIFT is India's first international financial services centre.
Abdul Momen said that the ‘Swadhinata Sarak’(Independence Road) between Bangladesh and India will be opened on 26 March,2021. The road which is functional on Indian side will be connected through Mujibnagar, Meherpur district in Bangladesh.
March 26,2021 marks the 50th Independence Day of Bangladesh.
Gadkari laid the foundation for NAEC in Hingna Industrial Area of Nagpur. He said electric vehicles,CNG & LNG are the future of Automobiles and this cluster should play a pivotal role in making Nagpur an automobile hub and also reduce oil import burden.
It was approved under the Cluster Development Plan of MSME.
Padma Shree awardee(2009),a propagator of Madhva ideology, writer,translator and a great orator, Govindacharya passed away. Noted translations of his are Kalidasa’s ‘Shakuntala’, Shudraka’s Mricchakatika’, and Bana Bhatta’s ‘Bana Bhattana Kadambari’.
He has written 150 books.
'CinemaSCOpe' series, being exclusively screened for SCO diplomats and their families commenced at Beijing Indian Embassy premises with the screening of "3 Idiots".More than two dozen Indian films dubbed in Russian, will be screened on a monthly basis.
Indian Ambassador to China - Vikram Misri
UNESCO to launch an international prize in the field of ‘creative economy’ in the name of Sheikh Mujibur Rahman. Starting November 2021, the dollar 50 thousand award will be given away once in two years for global economic initiatives of the youth.
Mujibur Rahman is the founding leader of Bangladesh and first PM
National Energy Conservation Day is celebrated every year on December 14. The purpose behind the celebration is to spread awareness about the necessity of energy and its conservation in our daily life. An award on a similar theme is also given on the day.
Bureau of Energy Efficiency under Power Ministry organises it.
RBI has decided to set up an ABPC in Jaipur for receipt, storage and dispatch of currency notes. Functions of ABPC include processing of banknotes received from currency chests and bank branches, and destruction of soiled banknotes in an automated manner.
RBI is responsible for management of currency & related things.
Exim Bank has extended a $448-million LOC for various infrastructure projects in Uzbekistan. The LOC is given on behalf of the Indian government. Exim Bank has now in place 266 LOCs, covering 62 countries.
Exim Bank:
HQ: Mumbai;
MD: David Rasquinha
YES Bank launched Yes Private Prime Credit Card for India’s affluent and ultra HNIs. It is available on Mastercard World Elite platform. A strictly by-invitation-only lifestyle Card offers a unique Customer Value Proposition and host of other experiences.
YES bank:
CEO -Prashant Kumar;
HQ - Mumbai
Syed Mushtaq Ali Trophy for domestic T20 championship to take place from January 10 to 31. The venue for the tournament is yet to be finalised and the board has currently asked players to assemble at their respective venues on January 2.
Syed Mushtaq Ali scored the 1st overseas Test century for India.
Team led by Anshumali Shrivastava at Rice University discovered an efficient way for social media companies to filter fake news. Their Adaptive Learned Bloom Filter required 50% less memory to achieve the same level of performance as learned Bloom filters.
Bloom filter is a low-memory technique invented in 1970.
13 passengers were lifted from Kargil (Ladakh) to Srinagar (Jammu and Kashmir) and 14 from Srinagar to Kargil. The service will ease the issue of transportation during the winter season.The fare of this helicopter service is Rs 9,000 per passenger
First LG:
Ladakh - R K Mathur;
Jammu and Kashmir - Manoj Sinha
Myristica Swamp Treefrog, a rare arboreal species endemic to the Western Ghats was recorded for the first time north of the Shencottah gap in Vazhachal Reserve Forest in Thrissur.The frog was first described in 2013 from lowland Myristica swamps of Arippa
Myristica swamps are tropical freshwater swamp forests.
Naravane met top Saudi Generals to discuss issues of common interest and ways to enhance bilateral defence cooperation with Saudi Arabia. He received a Guard of Honour at headquarters of the Royal Saudi Land Forces.
Naravane is the 1st chief to visit gulf countries.