Daily News

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The Mumbai-based company CryptoWire introduces India's first global index of cryptocurrencies IC15

CryptoWire, a global crypto super app which is a special business unit of TickerPlant, announced the launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market capitalisation.

The Base Value of the index is set at 10,000 and the base date is April 1, 2018.

CryptoWire Managing Director and CEO Jigish Sonagara.

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Fino Payments Bank receives RBI approval for cross-border money transfer under MTSS

Fino Payments Bank has received the RBI approval for commencing International Remittance business under the MTSS.

The Bank will be undertaking inward cross-border money transfer activities and will be partnering with an Overseas Principal. It has also received the approval to partner with one of the largest global remittance service providers as its Overseas Principal.

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Money Transfer Service Scheme -MTSS.

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Alka Mittal becomes first woman to head ONGC as CMD

Alka Mittal, has been given the additional charge of chairman and managing director of Oil and Natural Gas Corporation (ONGC).

With this appointment, Mittal has become the first woman ever to head ONGC as its CMD. She will hold the post for six months or until a regular appointment for the position is announced, whichever is earlier.

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Subhash Kumar, was given the additional charge of the post from April 1, 2021.

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World Braille Day: January 4

Commemorating the birth anniversary of the inventor of the Braille system, Louis Braille, and remembering his contribution towards the welfare of visually impaired people, January 4 is observed as the World Braille Day.

World Braille Day was formed in 2019 by the United Nations General Assembly.

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Reserve Bank of India caps upper limit of offline payment transaction at Rs 200

RBI has set the upper limit for individual offline payment transactions at ₹200 and said such payments could only be done face-to-face.

Offline payments can be made using any channel or instrument like cards, wallets, & mobile devices.

These are part of the its “framework for facilitating small value digital payments in offline mode".

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An offline payment is a transaction which does not require internet/telecom connectivity.

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Indian Navy's 1971 war veteran Vice Admiral S H Sarma dies

The Indian Navy's 1971 Indo-Pak war veteran Vice Admiral S H Sarma passed away in Bhubaneswar. Sarma, who turned 99 last December, was the Flag Officer Commanding Eastern Fleet during the 1971 war.

India had defeated Pakistan in the 1971 war leading to the creation of Bangladesh. He is also served as Flag Officer Commanding-in-Chief of the Eastern Naval Command.

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Nippon India MF launches India’s first Auto ETF

Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF) has announced the launch of Nippon India Nifty Auto ETF.

The New Fund Offer (NFO) will open on 5 January 2022 and close on 14 January 2022 and the minimum investment amount required is ₹1,000.

Investors can add in multiples of Re 1 thereafter.

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Joshna Chinappa back in top-10 of PSA world rankings

India's leading squash player Joshna Chinappa has returned to the top-10 of PSA world rankings.

The 35-year-old reached a career-high 10th place for the first time in 2016.

She has returned to the elite club of players in 10th position.

Saurav Ghosal has dropped a spot to be 16th in the men's rankings.

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Sudan's PM Abdalla Hamdok resigns after mass protests

Sudan's Prime Minister Abdalla Hamdok has resigned after another day of mass protests rocked the capital Khartoum. Thousands marched against a recent deal he had done to share power with the army.

It is another blow to Sudan's fragile attempts at a transition to democratic rule after the overthrow of Sudan's long-term authoritarian President Omar al-Bashir in 2019.

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Apple Becomes World's First $3 Trillion Company

Apple became the world's first $3 trillion company based on market capitalization, which is the total value of all of the company's outstanding shares.

The milestone came after Apple's stock price rose over 40% in the last year.

Apple’s cash flow also makes the stock a safe haven during times of market uncertainty.

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Dharmendra Pradhan launches NEAT 3.0 to provide best-developed ed-tech solutions

Union Education Minister and Skill Development Minister Dharmendra Pradhan has launched NEAT 3.0, a single platform to provide the best-developed ed-tech solutions and courses to students of the country. NEAT stands for National Educational Alliance for Technology.

The minister also launched AICTE prescribed technical books in regional languages.

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AICTE:- All India Council for Technical Education

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Dr Jitendra Singh launches portal for PM's Excellence Awards

Dr Jitendra Singh has launched the Web Portal for PM's Excellence Award. The entire concept and format of the PM's Excellence Award has undergone a revolutionary change since 2014. Prime Ministers Awards for Excellence in Public Administration to acknowledge, recognize and reward the extraordinary and innovative work done by officers of the Central and State Governments.

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Rotomac owner Vikram Kothari passes away in Kanpur at the age of 73

Vikram Kothari, managing director of Rotomac Group, passed away in Uttar Pradesh's Kanpur.

Kothari, who owns the Dum Pan Masala, had started another company by launching Rotomac Pen in 1995.

In the year 1997, he was awarded as the best exporter by the Prime Minister. His Rotomac company's worth in next 10 years (1995-2005) rose to Rs 100 crore.

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