Daily News

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International Financial Services Centres Authority (IFSCA) notifies IFSCA (Bullion Exchange) Regulations, 2020

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.

Did you Know

GIFT is India's first international financial services centre.

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‘Swadhinata Sarak’ between Bangladesh and India will be opened on March 26 Next year: Bangladesh Foreign Minister Dr. Momen

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.

Did you Know

March 26,2021 marks the 50th Independence Day of Bangladesh.

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Union Minister Gadkari laid foundation stone for Nagpur Auto & Engineering Cluster Pvt Ltd (NAEC) in Hingna Industrial Area.

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.

Did you Know

It was approved under the Cluster Development Plan of MSME.

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Vidyavachaspati Bannanje Govindacharya, Sanskrit scholar and Padma Shri awardee, passed away.

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’.

Did you Know

He has written 150 books.

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Indian Embassy in Beijing launched Bollywood 'cinemaSCOpe' series for SCO diplomats

'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.

Did you Know

Indian Ambassador to China - Vikram Misri

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UNESCO to launch an international prize in the name of Bangabandhu Sheikh Mujibur Rahman.

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.

Did you Know

Mujibur Rahman is the founding leader of Bangladesh and first PM

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National Energy Conservation Day: December 14

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.

Did you Know

Bureau of Energy Efficiency under Power Ministry organises it.

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RBI to set up Automated Banknote Processing Centre(ABPC) in Jaipur

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.

Did you Know

RBI is responsible for management of currency & related things.

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Exim Bank extended $ 448-million line of credit(LOC) to Uzbekistan.

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.

Did you Know

Exim Bank:
HQ: Mumbai;
MD: David Rasquinha

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YES Bank launched premium credit card for India’s affluent and ultra High-Net-Worth-Individuals (HNIs)

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.

Did you Know

YES bank:
CEO -Prashant Kumar;
HQ - Mumbai

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Domestic season to begin with T20 Syed Mushtaq Ali Trophy, announced BCCI

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.

Did you Know

Syed Mushtaq Ali scored the 1st overseas Test century for India.

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Indian-origin scientist Anshumali Shrivastava led team discovers new way to filter fake news.

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.

Did you Know

Bloom filter is a low-memory technique invented in 1970.

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1st service of Pawan Hans MI 17 Helicopter between Kargil to Srinagar started.

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

Did you Know

First LG:
Ladakh - R K Mathur;
Jammu and Kashmir - Manoj Sinha

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Rare Myristica Swamp Treefrog (Mercurana myristicapalustris)found in Vazhachal forest

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

Did you Know

Myristica swamps are tropical freshwater swamp forests.

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Indian Army Chief Gen. Naravane held talks with top Saudi Generals on ways to enhance defence cooperation.

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.

Did you Know

Naravane is the 1st chief to visit gulf countries.