Former information & broadcasting and higher education secretary Amit Khare has been appointed as adviser to Prime Minister Narendra Modi. Khare has been appointed on a contractual basis for two years.
He joins the Prime Minister’s Office after ex-cabinet secretary PK Sinha and ex-secretary Amarjeet Sinha left the PMO as advisors this year.
Fintech company BharatPe has announced that the former State Bank of India (SBI) head Rajnish Kumar has been appointed the chairman of the board .
He was the SBI chairman from October 2017 to October 2020. He has also served as the managing director and the managing director (Compliance and Risk) of SBI.
Ashneer Grover, Co-Founder and
Managing Director, BharatPe.
GoI accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), thus giving PFC greater operational and financial autonomy. An order to this effect was issued by the Department of Public Enterprises, under the MoF. PFC (1986) is the largest Infrastructure Finance Company, exclusively dedicated to Power Sector under the administrative control of MoP.
Criteria for Maharatna: Average annual turnover/networth > 25000/15000 cr in last 3yrs
IPO-bound fintech firm Mobikwik became the 32nd Indian unicorn after a recent secondary ESOP sale round led by former Blackstone India head Mathew Cyriac. Girnar Software Pvt. Ltd, which runs CarDekho, an online portal for new and used cars, has raised $250 million. The fundraising has made CarDekho the 33rd Indian startup to become a unicorn.
What is unicorn? It refers to any startup that reaches the valuation of $1 billion.
Australia’s Beth Mooney has topped ICC T20 batters rankings with 754 points. Shafali Verma drops a spot to 2nd andSmriti Mandhana stood at 3rd position. Two others from Australia, skipper Meg Lanning and Alyssa Healy (6th), feature in the top 10. Sophie Ecclestone (England) topped in T20I bowling rankings. Sophie Devine topped in T20I All-Rounder rankings.
Leading run-scorer in Women's T20I: Suzie Bates (New Zealand)
Quad countries – India, US, Japan and Australia will kick off the second phase of this year’s Malabar naval exercise in the Bay of Bengal. The Second phase, holds from October 12-15, will focus on advanced surface and anti-submarine warfare exercises, seamanship evolution and weapon firings. The exercise will seek to build on the synergy, coordination and interoperability.
First summit of Quad was held in March 2021
Government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras to 10000 by March 2024.
PMBJP scheme was launched in 2008 with an objective of making quality generic medicines available at affordable prices to all.
The medicines available under PMBJP are priced 50% to 90% less than that of branded medicines.
PMBJP was launched by the Dept. of Pharmaceuticals, Ministry of Chemicals & Fertilizers.
Chief Justice A.K. Goswami was sworn in as the new Chief Justice of the Chhattisgarh High Court. He was earlier serving as the Chief Justice of Andhra Pradesh. Governor Anusuiya Uikey administered the oath.
In Tripura, Justice Indrajit Mohanty has been sworn in as the new Chief Justice of the Tripura High Court. Governor Satyadev Naraya administered the oath.
Judge of a HC is appointed by President and oath of office is administered by Governor.
Department of Posts, Ministry of Communications, launched the digital version of the Postal Life Insurance policy bonds, also termed as “ePLI bond”, on the occasion of Azadi Ka Amrit Mahotsav. It is with the collaboration of DIGILOCKER, NeGD, MeitY.
12 October is celebrated as the Postal Life Insurance Day in the week-long Postal week festival.
ePLI bond is the Department of Posts’ first digital integration with Digilocker.
NITI Aayog and UNDP India launched a handbook to promote sustainable management of plastic waste in the country.
The report, titled ‘NITI Aayog-UNDP Handbook on Sustainable Urban Plastic Waste Management’, was released on 11th October, 2021 by NITI Aayog V-C Dr Rajiv Kumar. The report has been jointly developed by UNDP India and NITI Aayog, in consultation with the experts.
UNDP HQs- New York; China top producer of plastic and US generates more plastic waste.
Union Minister for Ports, Shipping and Waterways Shri Sarbanand Sonowal has announced forming of a Special Purpose vehicle (SPV) for development of a Multimodal Logistics Park (MMLP) at VOC Port in Chennai.
The MMLP to be developed through PPP with the SPV providing land and connectivity and the actual MMLP infrastructure to be developed by a private developer.
V. O. Chidambaranar Port Trust is one of the 13 major ports in India.
IndusInd Bank announced, that it has been authorised by the Reserve Bank of India (RBI) for collection of Direct and Indirect Taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC).
With this, its customers will be able to pay their Direct and Indirect taxes through 'Indusnet' and 'Indusmobile' platforms
HQ of IndusInd Bank- Pune;
MD & CEO- Sumant Kathpalia
To deliver essential banking services conveniently to a larger section of consumers living in relatively far-off areas, private lender Kotak Mahindra Bank Ltd announced the launch of Micro ATMs across the country.
A mini version of an ATM, micro ATMs are small handheld devices. The bank will use its extensive Business Correspondents (BC) network to launch micro ATMs.
HQ of Kotak Mahindra Bank- Mumbai;
MD & CEO- Uday Kotak
The day aims to promote a global culture of risk awareness and disaster reduction. The day celebrates how people and communities around the world are reducing their exposure to disasters and raising awareness about the importance of reining in the risks that they face.
The International Day for Disaster Risk Reduction was started in 1989, after a call by the United Nations.
Digital payments platform PhonePe announced the launch of ClickPay for its customers in association with NPCI Bharat BillPay Ltd.(NBBL).
ClickPay is a unique payment link that enables customers to make recurring online bill payments (electricity, water, gas, loan, etc) and removes the need to remember account details associated with each biller/service.