India hosted a first-of-its-kind Global Summit on "Reimagining Museums in India" in Hyderabad on 15-16 February 2022.
The online summit encompassed four broad themes: Architecture and Functional Needs; Management; Collections (including curation and conservation practices); and Education and Audience Engagement.
The central government nominated department of financial services (DFS) secretary Sanjay Malhotra as a director on the Central Board of Reserve Bank of India (RBI).
The RBI's affairs are governed by the central board of directors. The board is appointed by the government. There are five official directors -- the RBI Governor and not more than four deputy governors.
Twitter Inc. has partnered with Paytm’s payment gateway to ramp up the support for its ‘Tips’ feature in India.
Through ‘Tips’, users can send cash payments to their favourite content creators on the microblogging platform/small business owners.
Last year that Twitter was experimenting with the Tips feature in India & had collaborated with Razorpay as its first partners.
Nepal will be the first country to adopt India's UPI system, which will play a pivotal role in transforming the digital economy of the neighbouring country, the National Payments Corporation of India (NPCI).
NPCI International Payments Ltd (NIPL), the international arm of NPCI, has joined hands with Gateway Payments Service (GPS) & Manam Infotech to provide the services.
BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd, has announced signing of an insurance broker agreement for the distribution of Life Insurance Corporation's products on its platform.
Under this agreement, BSE Ebix will offer their clients insurance products offered by LIC such as Life & Health, using its omni-channel digital presence.
Vedanta has signed a pact with TERI to accelerate its Environmental, social, and governance (ESG) goals.
Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem.
The Ministry of Power has notified the green hydrogen and ammonia policy under which the government is offering to set up manufacturing zones for production, connectivity to the ISTS (inter-state transmission system) on priority basis, and free transmission for 25 years if the production facility is commissioned before June 2025.
The government has raised its production target by 5 times from 1 million tonnes by 2030.
Under the ambitious Jal Jeevan Mission of the Jal Shakti Ministry, the government has claimed to have provided tap water supply to more than 5.77 crore rural households, taking the total number to 9 crore since the programme was launched in August 2019.
'Har Ghar Jal' is a term used for saturation coverage of tap water in a given rural habitation.
The government is in the process of using geospatial technology and drones to map over six lakh villages as well as prepare pan-India 3D maps of 100 Indian cities.
Survey of India had called for empanelment of companies for the mapping exercise of the villages. It has also launched Svamitva Scheme for this purpose.
Gujarat Chief Minister Bhupendra Patel has announced New Biotechnology Policy for the year 2022-27.
This policy is aimed to achieve Aatmanirbhar Bharat, the vision of Prime Minister Narendra Modi.
Under this policy, the strategic projects and mega and large projects are eligible for special packages.
Prime Minister Narendra Modi will virtually inaugurate Asia's largest Bio-CNG plant at Indore in Madhya Pradesh on Feb 19.
This Bio CNG plant will be operated from 100% wet waste.
This plant is built on PPP mode, from which Indore Municipal Corporation will get revenue of 2.5 crores per annum.
Veteran Bengali singer Sandhya Mukherjee died following a massive cardiac attack at a private hospital in Kolkata.
Mukherjee, who was considered a legend during her lifetime, refused to accept the Padma Shri award on January 24.
Mukherjee received the Banga Bibhusan, highest civilian honour given by the Bengal government, in 2011.
The number of perpetually loss-making zombie firms, who use more credit/external finance to service debt regularly thus enabling them to remain in business, absorbed about 10 per cent of the total bank credit extended to all firms in the Indian economy.
Such firms are estimated to account for about 10 per cent of the total debt of the non-financial corporate sector.
The Reserve Bank of India (RBI) has cancelled the licence of Mantha Urban Cooperative Bank, Maharashtra citing its weak financials. Consequently, the bank ceases to carry on banking business, with effect from the close of business on February 16, 2022.
The RBI cancelled the licence of the bank as it does not have adequate capital and earning prospects.
Mantha Urban Co Op Bank Ltd- major Indian private bank with its headquarters in Nagpur.