Daily News

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Paytm Payments Bank receives Scheduled Bank status from RBI

Paytm Payments Bank Limited , an associate entity of Paytm, has received Scheduled Bank status from RBI and has been included in the 2nd Schedule to the Reserve Bank of India Act, 1934.

As per RBI Act 1934, banks satisfying the central bank that its affairs are not being conducted in a manner detrimental to the interests of its depositors are included in the 2nd schedule.

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Satish Kumar Gupta, MD & CEO of Paytm Payments Bank Ltd.

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Human Rights Day 2021: December 10

Human Rights Day 2021 is observed on December 10, every year.

Every individual living on Earth has a basic right which they must be aware of.

In 1948, the United Nations General Assembly adopted the Universal Declaration of Human Rights (UDHR).

2021 theme:- “Equality, Reducing inequalities, advancing human rights.”

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India amongst the most unequal countries in the world, says report

As per the 'World Inequality Report 2022', India is among the most unequal countries in the world, with rising poverty and an 'affluent elite.'

The report highlights that the top 10% and top 1% in India hold 57% and 22% of the total national income respectively while the bottom 50% share has gone down to 13%.The share of female labour income share in India is equal to 18% .

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India and China experienced faster increases in private wealth than wealthy countries.

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India Ranked Fourth Most Powerful Country In Asia Power Index 2021

India has risen as the fourth most powerful country in Asia, according to a report by Lowy Institute Asia Power Index 2021. It has been ranked fourth among the 26 countries and territories in Indo-Pacific for comprehensive power.

The report has also added that the nation could have performed even better had it not been for the COVID-19 pandemic.

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However, the country declined by two points from 2020.

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NITI Aayog launches 'e-Sawari India E-Bus Coalition' in tie-up with CESL

Government think tank NITI Aayog announced the launch of 'e-Sawaari India Electric Bus Coalition' in partnership with Convergence Energy Service Ltd (CESL) and World Resources Institute, India (WRI India), with support from Transformative Urban Mobility Initiative (TUMI).

It is a paced electrification of the bus transport system in India.

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CESL, CEO Mahua Acharya.
NITI Aayog CEO Amitabh Kant.

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Haiderpur wetland in Uttar Pradesh recognised as Ramsar Site

The Haiderpur Wetland abutting the Madhya Ganga barrage, about 10 km from Bijnor in western Uttar Pradesh, has been recognised under the 1971 Ramsar Convention on Wetlands, bringing the total number of such designated areas in the country to 47.

Uttar Pradesh is now home to 9 Ramsar wetlands.

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India, ADB sign 150 million dollar loan agreement to provide affordable housing for urban poor in Tamil Nadu

India and Asian Development Bank has signed a 150 million dollar loan agreement to provide affordable housing for urban poor in Tamil Nadu.

The project is aligned with the Government’s development priorities and policies on urban sector development, particularly the flagship program Pradhan Mantri Awas Yojana, Housing for All.

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Finance Minister Smt. Nirmala Sitharaman participates in G-20 Seminar on “Recover Together, Recover Stronger”

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman participated virtually from New Delhi in the G20 International Seminar hosted in Bali by the G20 Presidency of Indonesia.

She also underlined the importance of Inclusion, Investment, Innovation and Institutions to support the path of global recovery.

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G20’s theme for the year, “Recover Together, Recover Stronger”.

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UK, Canada and Australia announce diplomatic boycott of 2022 Beijing Winter Olympics after US

United Kingdom, Canada and Australia have joined the US-led diplomatic boycott of the 2022 Winter Olympics in Beijing over concerns about human rights in China.

New Zealand has confirmed it will not send officials to Beijing mostly because of the coronavirus pandemic, but it also voiced concern over human rights issues in China.

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India's Jhilli Dalabehera clinches gold medal at Commonwealth Weightlifting Championships

Indian weightlifter Jhilli Dalabehera (22 year old) has won the gold medal in the women's 49kg category at the Commonwealth Weightlifting Championships in Tashkent, Uzbekistan.

Dalabehera lifted the total weight of 167kg with 73kg in snatch and 94kg in clean and jerk to win the yellow metal in the 49kg category.

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Sanket Mahadev Sargar clinched the gold medal in the men's 55kg snatch category.

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Argentina beat Germany, 4-2 to lift Men's Junior Hockey World Cup in Bhubaneswar, Odisha

Argentina lifted the coveted trophy of the Junior Men's Hockey World Cup after defeating Germany, 4-2 in the Summit Clash in Bhubaneswar.

Argentina's forward Lautaro Domene made all the difference in the match with his hat-trick and then in the last minute Agostini sealed the championship trophy with his brilliant goal.

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Housing finance pioneer, B.K. Madhur’s autobiography released

'At Home In The Universe', a book that chronicles a poor boy’s journey from a village in South India to the pinnacle of corporate success and personal spiritual growth spanning over six decades, has been released in Mumbai.

The book has been released by R.C. Sinha, IAS (Rtd), advisor to the Ministry of Road Development, Government of India.

Did you Know

B.K. Madhur, former Chief Executive Officer at DHFL Property Services Ltd

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SBI to sign MoU with Kendriya Sainik Board

State Bank of India (SBI) will sign a memorandum of understanding (MoU) with Kendriya Sainik Board to support and educate the children of war veterans, ex-servicemen, and war widows.

India’s largest bank will provide a grant of ₹1,000 per month to 8,333 war veterans’ children.

Kendriya Sainik Board has Hon’ble Defence Minister as its President.

Did you Know

Defence Minister of India:- Rajnath Singh.