Axis Bank is integrating different digitisation initiatives by government bodies and service providers to extend an end-to-end service to business clients.
The bank’s B2B (business-to-business) digitisation efforts are being supported by Swift — a cooperative of global banks that acts as an intermediary between banks and sets standards.
Adani Green Energy (AGEL) has inked a pact with state run Solar Energy Corporation of India (SECI) to supply 4667 MW of green energy.
The world's largest ever green power purchase agreement (PPA).
India's dual objective to accelerate India's renewable energy footprint as well as promote domestic manufacturing under the Aatmanirbhar Bharat programme.
The Odisha government and the United Nations Capital Development Fund (UNCDF) signed an agreement to announce the launch of Mission Shakti Living Lab to empower women economically and drive gender equality.
This will address barriers that limit the access of women to autonomy and financial freedom with the use of digital technologies and e-commerce.
Mission Shakti was launched in 2001 to bolster the holistic development of women.
The civil aviation ministry has received ‘in-principle’ approval for setting up 21 greenfield airports across the country, the ministry informed the parliament.
Out of these 21 airports, eight airports have been operationalized.
154 Regional Connectivity Scheme (RCS) airports, including 14 water aerodromes and 36 helipads, have been identified for development/upgradation.
French fashion house Chanel named Leena Nair, an executive from Unilever, as its new global CEO, picking a consumer goods veteran to run one of the world’s biggest luxury goods groups.
Chanel was founded in 1910 by fashion legend Gabrielle "Coco" Chanel as a hat boutique on rue Cambon in Paris and grew to become a byword for French chic.
A total of 148 athletes, including 20 new inductees, in seven Olympic disciplines and six Paralympic disciplines, have been identified for support under the Target Olympic Podium Scheme at a meeting of the Mission Olympic Cell of the Ministry of Youth Affairs and Sports.
TOP scheme which is an attempt to provide assistance to India's top athletes.
This scheme was started in 2014.
Union Minister of State (Independent Charge) Science & Technology, Dr Jitendra Singh inaugurated the seventh edition of India International Science Festival at Panaji, Goa.
The theme of 4-day science festival is ‘Azadi Ka Amrit Mahotsav’ - "Celebrating Creativity, Science, Technology and Innovation for a prosperous India".
First India International Science Festival was held in 2015 at IIT Delhi.
Karnataka's Department of Youth Empowerment and Sports has entered an LoU (Letter of Understanding) with the United Nations Development Programme (UNDP), as part of the state-level initiative 'Code-Unnati', with an aim to improve access to entrepreneurship and employment opportunities among youth including women.
UNDP is the largest UN development aid agency.
UNDP Headquartered at:- New York, USA.
UAE has announced to change its existing five-day workweek to a 4.5 day starting Jan 1, becoming world’s first country to make employee-friendly transition as part of its efforts to improve productivity and work-life balance.
According to new schedule, Monday to Thursday work timings would be from 7.30 am - 3.30 pm, followed by a half day on Friday from 7.30 am - 12.30 pm.
Capital: Abu Dhabi; Currency:- Dirham.
The Ministry of Defence has entered into a memorandum of understanding with Indian Institute of Teacher Education, Gandhinagar to facilitate training to teachers of Sainik Schools.
The MoU is for the period of 5 years commencing with effect from Jan 2022 under which 800 + teachers of all Sainik Schools will be trained through courses named ‘Gurudiksha’ & ‘Pratibaddhta'.
IITE was established in 2010 by the Government of Gujarat & focuses on teacher education.
India has slipped 6 places to 59 rank on a global annual list of 63 countries, due to low quality of life and expenditure on education, according to the latest edition of IMD World Talent Ranking, which was topped by Switzerland.
The ranking, which is based on the performance in three main categories -- investment and development, appeal and readiness.
India is lagging behind the BRICs nations - China(42nd), Russia (47), South Afria (50).
Producers’ inflation based on the Wholesale Price Index (WPI) reached an all-time high in the current series at 14.2 per cent in November. This is the eighth successive month of double digits WPI (mainly due to hardening of prices of mineral oils, basic metals, crude petroleum and natural gas).
Wholesale Price-based Index (WPI) inflation base year is 2011-12.
Delhi Police Commissioner Rakesh Asthana has launched an e-learning initiative by the southwest district of the police force to help educate youths and impart skill training to school dropouts from the weaker sections of society.
The e-learning platform, 'Unnati', was launched under the Delhi Police's flagship scheme 'YUVA'.
US-based world’s leading fashion brand, Patagonia, is now using handcrafted Khadi Denim fabric for making Denim apparels. Patagonia, through textile major Arvind Mills, has purchased nearly 30,000 meters of Khadi Denim Fabric worth Rs. 1.08 crore from Gujarat.
Khadi Denim is the only handcrafted Denim fabric in the world.
The Ministry of Social Justice and Empowerment has initiated a National Helpline Against Atrocities (NHAA).
The helpline is available round the clock on toll-free number '14566' across the country in Hindi, English and regional languages of different states/UTs.
It is also available as a web based self-service portal.
Minister of Social Justice and Empowerment :- Dr. Virendra Kumar.
PB Fintech, which operates Policybazaar has cleared a proposal to acquire up to 70.1% stake in Myloancare. The board also cleared a proposal to set up an new company to do the business of an account aggregator.
PB Fintech will initially acquire 24.9% stake in Myloancare after intimation to the RBI.
Subsequently, the company will increase its stake to 70.1%.
It aims to complete the acquisition within six months for a cash consideration.
In 2020, nearly two-thirds of online sales were paid in cash, up from nearly half three years ago.
This is mainly because e-tailers expanded into the country’s rural areas (untapped customers), nearly 90% of the new buyers pay through the ‘cash on delivery’ (COD) mode, according to a study by CMS Infosystem, one of the largest cash handlers for banks in India.
COD is the most used payment method for e-commerce transactions in India.