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AGS Transact and Mastercard partner to give India's first-ever ‘Contactless’ Cash Withdrawals on ATMs

Mastercard cardholders will be able to withdraw cash by scanning a QR code displayed on ATM screen of all participating banks using their banking app on phone.Involves 4 steps:open app,scan QR code,authenticate amount by entering mPIN and pick-up cash.

Did you Know

Mastercard:
Executive Chairman: Ajay Banga;
HQ:New York,US.

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IRDAI panel okays launch of index-linked insurance policies(Ilips)

The returns from Ilips will be linked to benchmark indices.Ilips can be an alternative or complementary option to the current conventional guaranteed products (including annuities and savings products) and unit-linked insurance plans (Ulips).

Did you Know

Ilips were banned by the regulator in 2013.

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World Bank Signs $100 million Project to Support Nutrition-Supportive Agriculture in Tribal-Dominated Areas of Chhattisgarh

CHIRAAG - Chhattisgarh Inclusive Rural and Accelerated Agriculture Growth Project will be implemented for round-the-year production of diversified & nutritious food in the southern tribal-majority region where a large population is undernourished and poor.

Did you Know

The project will benefit over 180,000 households.

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J&K joins initiative by UK Space Agency for new flood forecasting mechanism in Valley

‘Impact-Based Flood Forecasting using Earth Observation (EO)-based Information’ project will be undertaken by HR Wallingford in collaboration with Oxford University,Sayers & Partners & D-Orbit (UK) to put in place an effective mechanism to send out alerts.

Did you Know

Done under UK Space Agency's National Space Innovation Programme

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Tamil drama 'Koozhangal' Wins Best Film Award at International Film Festival Rotterdam

Koozhangal(Pebbles)directed by Vinothraj PS, has won the top honour, the Tiger Award for best film, at the 50th International Film Festival Rotterdam.It tells the story of a father-son duo, broken by poverty, as they seek to find their way in life.

Did you Know

This is the first Tamil film to win the honour.

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Star Health and Allied Insurance partners with PhonePe to offer Digital Health Insurance

Aim is to provide easy accessibility to its Arogya Sanjeevani health insurance policy, especially to the millennials.For a sum insured of Rs 1 lakh, this policy will be available at an annual premium of only Rs 2985, excluding GST.It covers upto to age 65.

Did you Know

Star Health & Allied Insurance:
CMD:V.Jagannathan;
HQ:Chennai

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Maharashtra govt signs MoU with Flipkart to promote wooden toys, local artifacts, handicrafts

Maharashtra Small Scale Industries Development Corporation & Maharashtra State Khadi & Village Industries Board signed the MoU.It will help bring local artisans,weavers,craftsmen & SMBs of into e-commerce & showcase Khadi,Paithani sarees,wooden toys etc.

Did you Know

Done under Flipkart's flagship initiative Flipkart Samarth.

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RBI tightens norms for investments in NBFCs from non-FATF nations

According to the new rules,fresh investors from jurisdictions which feature in FATF’s list of high risk countries or those placed under monitoring should hold less than the threshold of 20% of the voting power in an NBFC.It is to stop money laundering.

Did you Know

There are 17 such non-compliant FATF nations at present.

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Meghna Pant's new book "The Terrible, Horrible, Very Bad Good News"

Award-winning writer, journalist and speaker Meghna Pant's new book is about a small-town woman, Ladoo,who scandalizes her conservative family when she decides to use a sperm donor to have a baby. A movie Badnam Ladoo is to be made based on that as well.

Did you Know

Penguin Random House India is publishing it in April 2021.

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13 February: World Radio Day observed with theme "New World, New Radio."

It is observed every year on February 13,to raise greater awareness among the public and the media of the importance of radio. It is also meant to encourage decision makers to establish and provide access to information through radio.This is 10th edition.

Did you Know

3 main sub-themes this year: Evolution,Innovation & Connection.

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February 13:National Women's Day

Sarojini Naidu’s birth anniversary is celebrated as National Women’s Day of India every year on February 13. Sarojini Naidu was India’s first women governor and also famous as ‘Bharat Kokila’. She was born on February 13, 1879.

Did you Know

Every year, International Women’s Day is celebrated on 8 March

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Puligoru Venkata Sanjay Kumar appointed chief justice of Manipur High Court

Justice Puligoru Venkata Sanjay Kumar was a judge of the Punjab and Haryana High Court.He replaces Justice Ramalingam Sudhakar who retired. Appointment done by President as per clause (1) of Article 217 of the Constitution of India.

Did you Know

Manipur:
Governor:Dr.Najma Heptulla;
CM:N.Biren Singh

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Indian Navy Signs Contract For Acquisition Of Five Diving Support Craft (DSC) with M/s Titagarh Wagons Ltd, Kolkata.

Adding another milestone to Make in India initiative,the contract envisages construction of 5 DSCs.Once commissioned,DSCs will meet the mission needs of Command Clearance Diving Teams & also serve as platform for conducting training of Navy’s diving cadre.

Did you Know

Chief of the Naval Staff is Admiral Karambir Singh.

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State-owned GAIL acquires Indian Energy Exchange(IEX)'s 5% stake in its arm Indian Gas Exchange(IGX)

Adani Total Gas & Torrent Gas had acquired 5% stake each in IGX earlier.GAIL is the 3rd strategic investor in IGX.Launched on June 15, 2020,as gas trading platform,IGX has since become first gas exchange to receive authorisation from PNGRB.

Did you Know

S N Goel is chairman of IEX and director of IGX.

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Kerala CM Pinarayi Vijayan launches Kerala Knowledge Mission to upskill educated youth;digital platform launched.

Also inaugurated the Digital Workforce Management System,a digital platform for the empowerment and engagement of knowledge workers.Platform was created by Kerala Development and Innovation Strategy Council in association of other agencies.

Did you Know

Digital platform is expected to create 20 lakh jobs in 5 years.

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Australia Zoo's Robert Irwin wins People’s Choice Award in Wildlife Photographer of the Year 2020

At just 17,he won the Natural History Museum's Award with a drone image of a raging Cape York bushfire.His image titled 'Bushfire' was selected from a shortlist of 25.Cape York is home to over 30 different ecosystems & is of great ecological significance.

Did you Know

His father Steve Irwin was a world-famous conservationist.

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Veteran Congress MLA, ex-minister Sujan Singh Pathania dies at 77

He was a former minister and sitting legislator from Fatehpur Assembly constituency in Kangra district,Himachal Pradesh.He served in HP Forest Department as a range officer before entering politics. He was first elected to state Assembly in 1977.

Did you Know

Pathania was elected seven times as an MLA.

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Exim Bank to provide $400 million for Maldives project

Mumbai Export-Import Bank of India (Exim Bank) will provide Line of Credit (LoC) of $400 million to Maldives to fund 6.7 km Greater Male Connectivity Project(Male to Thilafushi Link).The agreement under the line of credit is effective January 28, 2021.

Did you Know

Project connects Male with Villingili, Gulhifahu and Thilafushi.

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Titagarh Wagons wins Rs 174.76 cr contract from Indian Navy

Titagarh Wagons was awarded a contract for construction and supply of five Diving Support Craft (DSC) from the Indian Navy. The value of the order is about Rs. 174.76 crores. As per the contract, the DSC has to be supplied within 30 months approximately.

Did you Know

Titagarh Wagons is a railway wagon manufacturer in West Bengal.