Daily News

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RBL Bank to issue Visa credit cards after RBI bans Mastercard

RBL Bank has entered into an agreement with Visa Worldwide to start issuance of credit cards on the Visa platform, the lender informed the indices. The bank also added that it will be able to issue the new cards after technology integration which is expected to take 8 to 10 weeks. RBI indefinitely barred US-based Mastercard from issuing new credit, debit,& prepaid cards.

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RBL bank is the fifth largest credit card issuer in the country with a 5% market share.

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Shibaji Banerjee, who denied Pele a goal, to be conferred with Mohun Bagan Ratna posthumously

Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil’s legendary football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.

The friendly match against New York Cosmos at the iconic Eden Gardens ended in a thrilling 2-2 draw.

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Banerjee played for Bagan for 11 years and died at the age of 68 four years ago.

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FDI limit in NPS fund managers hiked to 74%

Government notified a hike in the foreign direct investment limit in pension fund management to 74% from 49% under the national pension system (NPS), opening doors for experienced foreign partners in this space and facilitating more competition in the fledgling segment. Pension Fund Regulatory &Development Authority (PFRDA) Act links the FDI ceiling in the insurance sector.

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74th Cannes 2021: Payal Kapadia's A Night of Knowing Nothing Wins Best Documentary

Mumbai-based filmmaker Payal Kapadia's first feature A Night of Knowing Nothing bagged the prestigious Oeil d'Or award (golden eye) for 'Best Documentary' presented at the Cannes Film Festival 2021.

The film was up against 27 other documentaries showcased across sections at the festival.

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Julia Ducournau becomes second woman in history to win Palme d'Or at Cannes Film Festival

French director Julia Ducournau has become only the second woman in history to win the top award at the Cannes Film Festival.

Ducournau, 37, was awarded the Palme d'Or prize for the film Titane, a wildly imaginative movie about a serial killer.

Other awards:-

French filmmaker Leos Carax was awarded best director for Annette;

Best actress award:-Renate Reinsve

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Bangladesh Nobel laureate Muhammad Yunus to get Olympic Laurel

Bangladeshi Nobel Peace Prize winner Muhammad Yunus will receive the Olympic Laurel at the Tokyo Games, the second time the trophy will be awarded, the International Olympic Committee.

Yunus, whose pioneering micro-lender has been hailed for cutting poverty across the globe, will be honoured for “his extensive work in sport for development”,

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It was given for the first time at the 2016 Rio Games to Kenyan former Olympian Kip Keino

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Federal Bank Launches AI-Powered Virtual Assistant For Customers

The Federal Bank launched FEDDY, an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime.

The bank said while most of the similar AI-powered virtual assistants are available only on its website, FEDDY can be accessed via Alexa, Google Assistant and WhatsApp.

Did you Know

FEDDY is integrated into Google Business Messaging, a first-of-its-kind by an Indian bank

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Two Indian organisations win UNDP Equator Prize 2021

Aadhimalai Pazhangudiyinar Producer Company Limited and Snehakunja Trust are among the 10 awardees of the prestigious Equator Prize for their work in the field of conservation and biodiversity, said United Nations Development Fund (UNDP).UNDP gives a biennial award to recognize community efforts to reduce poverty through the conservation and sustainable use of biodiversity.

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The winners received a prize of US$10,000

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Lewis Hamilton Wins British Grand Prix 2021

Lewis Hamilton celebrated a record eighth British Grand Prix victory after fighting back from a 10-second penalty for a first-lap collision that halted the race and sent title rival Max Verstappen to hospital.

The win was the 99th of seven-times world champion Hamilton's Formula One career, fourth of the current campaign.

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US, Afghanistan, Pakistan and Uzbekistan to form new quad grouping

The United States, Afghanistan, Pakistan, and Uzbekistan, have agreed in principle to establish a new quadrilateral diplomatic platform focused on enhancing regional connectivity.

The parties consider long-term peace and stability in Afghanistan critical to regional connectivity and agree that peace and regional connectivity are mutually reinforcing.

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Sudhanshu Mittal''s book on RSS now in Chinese

BJP leader Sudhanshu Mittal''s book on the Rashtriya Swayamsevak Sangh (RSS) has now been translated into Chinese language. "RSS: Building India Through SEWA", which talks of RSS''s history, ideology and policies, and their subsequent impact on the nation, was brought out by Har-Anand Publications in 2019. The Chinese translation is by Jack Bo.

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ICC welcomes Mongolia, Tajikistan and Switzerland as new members

The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan as the 22nd and 23rd members of the Asia region.

Switzerland is Europe's 35th member. with the ICC now comprising 106 members in total, including 94 associates.

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ICC:-
Headquarters: Dubai, United Arab Emirates
Founded: 15 June 1909

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Astronomers Find One Group Of Appearing And Disappearing Stars

An international collaboration of astronomers has identified a curious occurrence of 9 stars like objects that appeared and vanished in a small region within half an hour in an old photographic plate.Such a group of objects appearing & disappearing at the same time have been detected for the first time in the history of astronomy.

Astronomers have not found any explanation

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Scientists from Sweden, Spain, USA, Ukraine, and India