Daily News

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2nd NITI Innovation Index: Karnataka, Maharashtra, Tamil Nadu top 3 states in innovation

India Innovation Index 2020, ranks the states and union territories based on their relative performance of supporting innovation on 36 indicators.Telangana & Kerala were other two in top 5.Delhi topped among UTs & HP among North-Eastern and Hill States.

Did you Know

Jharkhand, Chhattisgarh and Bihar were ranked at the bottom.

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Flight lieutenant Bhawana Kanth to become first woman fighter pilot to take part in Republic Day parade.

She will be a part of IAF's tableau that will showcase mock-ups of the light combat aircraft, light combat helicopter & the Sukhoi-30 fighter plane.In 2016,with Avani Chaturvedi & Mohana Singh,Kanth was inducted into IAF as first fighter pilots in 2016.

Did you Know

Rafale jets to take part for the first time in this R-day

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In its first, ICICI Bank launches ‘InstaFX’ mobile app to help customers obtain Forex Prepaid Card swiftly

The InstaFX app enables the authorised money changers, who are partners of the Bank, to complete the KYC verification and validation of customers digitally and on a real-time basis.

‘ICICI Bank Forex Prepaid Card’ gets activated swiftly within a few hours.

Did you Know

ICICI is first in India to offer such facility to money changers

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Sundaram Finance appoints Rajiv Lochan as next MD, effective from April 1

Lochan will be replacing the current MD TT Srinivasaraghavan, who will be completing his term of office on March 31.Lochan has worked as a partner in the consulting firm McKinsey & Company and most recently, as Managing Director of Kasturi & Sons.

Did you Know

Sundaram Finance is Chennai headquartered NBFC.

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Joe Biden sworn in as 46th President of the United States, delivers message of unity

Joe Biden was sworn in as the 46th President of the United States.Kamala Harris, the daughter of immigrants from Jamaica and India, also took oath as the new Vice President, becoming the first woman, Black person, and first Asian-American in the post.

Did you Know

Democrat Biden from 2009 to 2017,served as the 47th VP.

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MoRTH,DRDO sign pact to collaborate in sustainable geo-hazard management

Initiative will ensure safety of road users on NHs against adverse effects of landslides & other natural calamities.Will cooperate in planning and designing of various avalanche and landslide control structures, pre-feasibility of tunnels & viaducts etc.

Did you Know

DRDO's Defence Geo Informatics Research Establishment will aid.

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Sports Minister Kiren Rijiju gets additional charge of AYUSH Ministry

The temporary move was necessitated as Shripad Yesso Naik, the Minister of State (Independent Charge) for the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy (AYUSH) is undergoing treatment after he met with an accident.

Did you Know

Kiren Rijiju constituency: Arunachal West of Arunachal Pradesh.

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Paytm Payments Bank Ltd (PPBL) ties up with Suryoday Small Finance Bank to offer fixed-deposit services

With a minimum investment of Rs 100,PPBL has already been offering fixed-deposits services in alliance with IndusInd Bank.PPBL has become first payment bank to launch multi-partner FD service where an account holder can select any partnered bank.

Did you Know

MD & CEO:
PPBL:Satish Gupta;
SSFB: Baskar Babu.

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India, Singapore sign pact on submarine rescue support at the 5th Defence Ministers dialogue

Signing of the Implementing Agreement on Submarine Rescue Support and Cooperation signed between the Indian Navy and Republic of Singapore Navy was done.Both Ministers expressed satisfaction at the progress of ongoing defence cooperation engagements.

Did you Know

Defence Minister is Rajnath Singh

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Cabinet approves MoU between India, Uzbekistan for cooperation in solar energy

Main area of work is to identify research, demonstration & pilot projects between National Institute of Solar Energy,MNRE & International Solar Energy Institute,Uzbekistan in mutually identified areas including solar PV,storage tech & transfer of tech.

Did you Know

Uzbekistan:
Capital:Tashkent;
Currency:Uzbekistani som

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First India-EU IPR dialogue held to strengthen relation

In the co-chaired meeting,India provided an overview of IPR developments,with an aim to meet the objectives set forth in the National IPR policy 2016.EU Co-Chair provided a brief overview of DG trade and the various activities being undertaken by them.

Did you Know

Meeting was jointly hosted by EU Commission and DPIIT

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Malayalam cinema’s veteran actor Unnikrishnan Namboothiri passes away at 98.

More popular for his humorous roles, he debuted with a sombre role in Jayaraj’s Deshadanam in 1996.Was hugely popular for his role as Thekkedathu Gopalakrishnan in Kalyanaraman.

Did you Know

He debuted at the age of 73.

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Bajaj Finance to enter payment solutions market with Bajaj Pay

'Bajaj Pay' will be an integrated payment platform comprising of UPI, PPI, EMI card and credit card options & will be launched in the fourth quarter of FY21.Would also be launching 'Bajaj Pay for Merchants' app, which will cater to over 100,000 merchants.

Did you Know

Bajaj Finance:
HQ:Pune;
CEO:Sanjiv Bajaj

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DPIIT launches regulatory compliance portal

Portal will act as a bridge between citizens, industries and the government to minimize burdensome compliances.It will also act as a first-of-its-kind central online repository of all central and state-level compliances.

Did you Know

DPIIT Secretary Guruprasad Mohapatra

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Mastercard launches one-stop resource site to support digital transformation of SMEs in Asia Pacific

As COVID-19 drives a rapid and lasting shift to e-commerce & contactless payments, the one-stop center features guides on digital transformation, e-learning courses, information about Mastercard products and services for SMEs, cyber security insights etc.

Did you Know

Microsite: Digital Acceleration for Small Businesses

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Axis Bank-Max Life Insurance deal gets CCI nod:shareholding of Axis Bank in Max Life will increase to approximately 9.9%

Additionally, Axis Capital Ltd and Axis Securities will acquire 2% and 1%, respectively.Further, Axis entities will have a right to acquire an additional stake of up to 7% in Max Life, in one or more tranches, taking their total stake to 19.99%.

Did you Know

Now approval from IRDAI is needed.

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The Global Risks Report 2021:World Economic Forum

Infectious diseases,employment crises,youth disillusionment & digital divide are among the risks to tackle in the next two years.Threats in the next five to 10 years include state collapse, biodiversity loss & adverse outcomes from technological advances.

Did you Know

Report draws upon data from Global Risks Perception Survey.

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Gujarat CM Vijay Rupani announces ‘Mukhyamantri Bagayat Vikas Mission’ (Horticulture Development Mission)

The aim is to accelerate agriculture,horticulture and promote farming of herbal plants in infertile & fallow lands of government.It will also create employment opportunities through an increase in the export of such products & double farmers income.

Did you Know

Gujarat Governor is Acharya Devvrat

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Indian Oil and NDMC sign MoU for development of integrated waste to energy facilities at Ranikhera landfill site.

The integrated plant will process approx. 2500 million tonne of municipal solid waste collected by North Delhi Municipal Corporation,recycle plastics and produce compressed bio-gas, ethanol, syngas and other value-added downstream products.

Did you Know

Anil Baijal is Lt. Governor of Delhi.

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Madhya Pradesh takes lead in power sector reforms;Gets FinMin permission to mobilise Rs. 1,423 cr through Open Market Borrowings

State has started Direct Benefit Transfer of electricity subsidy to farmers in one district of from December, 2020. Thus,it has successfully implemented one out of the three stipulated reforms in the power sector & 4 such sectors are stipulated by FinMin

Did you Know

0.25% GSDP additional fund on reform completion in each sector.

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Cabinet approves Rs 5281.94 crore investment for 850 MW Ratle Hydro Power Project

Approval given to a new Joint Venture Company (JVC) to be incorporated between NHPC and Jammu and Kashmir State Power Development Corporation Ltd with equity contribution of 51% & 49%. Govt to provide grant of Rs 776.44 to JKSPDC & NHPC to invest on own.

Did you Know

Ratle HEP is located on Chenab in Kishtwar district

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Power Grid Corporation signs agreement with Himachal Electricity Board for telecom network in hilly remote areas.

It is for utilisation of 500 km of optical ground wire(OPGW) telecom network.This is in addition to existing 350 km of OPGW laid on HP State Electricity Board Ltd Extra High Voltage lines.This 850 km long network will enable PGCIL to reach remote areas.

Did you Know

PGCIL Maharatna:
HQ:Gurgaon;
CMD:Kandikuppa Sreekant.