Daily News

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New covid variant 'IHU' discovered in France

A new variant of Covid-19 has emerged in France recently.

Named IHU, the B.1.640.2 variant was discovered by the academics at institute IHU Mediterranee Infection.

According to the researchers, the new variant contains 46 mutations – even more than Omicron.

The B.1.640.2 has not been reported in any other country or labelled a variant under investigation by WHO.

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NBBL unveils Unified Presentment Management System (UPMS) to simplify bill payments

NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India has introduced a unique functionality called ‘Unified Presentment Management System’ (UPMS).

Through UPMS, NBBL will enable the customers to set up standing instructions – from any channel and for any mode on their recurring bill payments.

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Himachal becomes country’s first LPG-enabled and smoke-free state

Himachal Pradesh has become the first LPG enabled and smoke free state in the country due to Ujjwala scheme of the Central Government and housewives welfare scheme of the State Government. The Center had started the Ujjwala scheme to rid women of serious diseases caused by smoke while lighting a wood stove. The state government also started to benefit more and more women.

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SBI, ICICI, HDFC Bank remain as Domestic Systemically Important Banks, says RBI

The Reserve Bank of India (RBI) has stated State Bank of India (SBI), ICICI Bank and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2020 list of D-SIBs.

RBI places D-SIBs in appropriate buckets depending upon their Systemic Importance Scores (SISs).

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Captain Harpreet Chandi becomes first Indian-origin woman to trek solo to South Pole

British-born Sikh army officer Preet Chandi has become the first woman of color to complete a solo expedition to the South Pole.

Chandi, who has spent the past few months skiing solo and unsupported across Antarctica.

Chandi, who adopted the nickname "Polar Preet" for her blog and fundraising efforts, spent two and a half years preparing for the grueling expedition.

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Odisha’s Ganjam District Declared As Child Marriage Free

Odisha’s Ganjam has declared itself a child marriage free district.

To control child marriages, the Ganjam administration with the help of UNICEF and ActionAid India had launched the Nirbhaya Kadhi programme in 2019. Under the programme, Panchayat and ward-level task forces were formed to create awareness among people about the ills of child marriage.

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State Bank of India invests $20 mn in payment solutions provider Pine Labs

Payment solutions provider Pine Labs Pvt Ltd, which is headed for a US listing, has raised an additional $20 million (around Rs 150 crore) in new investment from the State Bank of India (SBI).

Pine Labs will invest the new funds in scaling Plural, its newly launched brand of online payment products, and aims to become an omnichannel partner of choice for merchants.

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SBI to not levy charges on IMPS transactions up to Rs 5 lakh done via Net banking, mobile banking

The State Bank of India (SBI) stated that IMPS transactions up to Rs 5 L done using digital mediums like Net banking and mobile banking (including Yono) will not attract service charge.

The charges for sending money via IMPS for amounts between Rs 2 L and Rs 5 L will be Rs 20 plus GST. SBI has increased the IMPS limit for money transfers done at its bank branches.

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LIC's assets at $463 billion exceeds the GDP of several economies

LIC assets at $463 billion exceeds the GDP of several economies, and it is ranked 5th globally in terms of life insurance GWP and 10th globally in terms of total assets.

Its assets are 1.1 times more than the entire Indian MF industry i.e. Rs 31.4 trillion (till March 31, 2021).

LIC is the largest asset manager in India with Rs 36.7 trillion AUM.

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Assets of National Pension Scheme, Atal Pension Yojana cross ₹6.99 lakh crore: PFRDA

Total assets managed under NPS and APY, the two flagship pension schemes of the Pension Fund Regulatory and Development Authority (PFRDA), have crossed ₹6.99 lakh crore.

Total assets under management (AUM) as on January 1, 2022, stood at ₹6,99,172 crore.

Total AUM under the National Pension System and Atal Pension Yojana was at ₹5,78,025 crore as of March 31, 2021.

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Sindhutai Sapkal, 'mom to thousands of orphans', passes away

Legendary social worker Sindhutai Sapkal - who is known for her work in raising orphaned children - passed away.Sindhutai was 73.

She passed away in the Galaxy Hospital in Pune. In 2021, she was conferred with the coveted Padma Shri honour.

Sindhutai devoted herself to orphans.

She is fondly called "mai", which means "mother".

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Airtel Payment Bank gets RBI approval to operate as scheduled bank

The Reserve Bank of India has included Airtel Payment Bank in the 'Second Schedule to the Reserve Bank of India Act, 1934'. A bank mentioned in the Second Schedule of the Reserve Bank of India Act is known as ''Scheduled Commercial Bank''.

At present, one in six villages in the country is being served by Airtel Payments Bank.

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