Daily News

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SBI Managing Director Ashwani Bhatia appointed SEBI whole-time member

Ashwani Bhatia, who is the managing director of State Bank of India (SBI) has been appointed as a whole-time member (WTM) of the Securities and Exchange Board of India (SEBI) for a period of three years.

In August 2020, Bhatia was appointed as the Managing Director of SBI till the date of his superannuation, ie., May 31 2022.

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Cabinet Approves National Land Monetization Corp., Mining Of New Minerals

The Cabinet Committee on Economic Affairs has approved to set up a corporation to monetise surplus land and building assets of central public sector companies. The government also cleared an amendment to allow mining of a new set of minerals to cut imports.

It aims to monetise underutilised or unused government non-core assets under a programme announced by the FM.

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Bharti Axa Life Insurance appoints Vidya Balan as its brand ambassador

Bharti Axa Life Insurance has announced the appointment of actor Vidya Balan as brand ambassador.

With this partnership, Balan will aim to strengthen the brand's core values and deepen the #DoTheSmartThing narrative promoted by the brand.

Bharti AXA Life Insurance has registered steady growth and performance, expanded on its suite of customer-centric products.

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Parag Raja:- managing director, CEO, Bharti Axa Life Insurance

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Argentina Federal Police to effectively use Yoga for stress management of its personnel

Argentina federal police will now effectively use the technique of Yoga for stress management of its personnel, according to a statement issued by the Ministry of Ayush.

The embassy of India in Argentina and the University Institute of the Argentine Federal Police (IUPFA) will be jointly conducting a workshop on Yoga.

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Argentina's Capital: Buenos Aires; Currency: Argentine peso

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World Kidney day 2022 | 10 March

World Kidney day is celebrated on the second Thursday of March every year. This year World Kidney day will be celebrated on 10 March.

World kidney day is a joint initiation of International Society of Nephrology (ISN) and the International Federation of Kidney Foundations (IFKF).

The theme for World Kidney day 2022 is 'Kidney health for all'.

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ToneTag, NSDL Payments Bank introduce voice-based UPI digital payment solutions for feature phones

ToneTag, which is a sound-based proximity communication and payments service provider, has recently rolled out its VoiceSe UPI digital payments for feature phone users, in partnership with NSDL Payments Bank and NPCI.

Users can call 6366 200 200 where an Interactive voice response (IVR) guides the desired financial transaction.

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Emami acquires 19% stake in D2C nutrition firm Tru Native F&B

Kolkata-based FMCG major Emami Ltd has acquired 19 per cent equity stake in direct-to-consumer (D2C) nutrition firm Tru Native F&B Pvt Ltd.

Tru Native F&B markets nutrition products under the brand TruNativ, targetted at health and fitness enthusiasts.

'TruNativ' product offerings are very unique as they are based on real consumer habits and issues."

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Emami Ltd-
Founded in 1974 by two childhood friends - RS Agarwal and RS Goenka,

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RBI releases booklet on modus operandi of financial frauds

Sharing of confidential information by customers, knowingly or unknowingly, is one of the major causes leading to financial frauds, according to a booklet, "BE(A)WARE", released by the Reserve Bank of India.

The booklet gives information on the common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions.

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Jio World Centre Opens in the Heart of Mumbai

Reliance Industries Ltd. announced the opening of India’s largest and most prestigious multi-faceted destination, the Jio World Centre.

The Centre covers an expanse of 18.5 acres in Mumbai’s Bandra Kurla Complex, and is set to become an iconic business, commerce and culture destination, giving India and its citizens a world-class landmark.

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Cabinet approves establishment of WHO Global Centre for Traditional Medicine in Gujarat

Union Cabinet has approved the establishment of the WHO Global Centre for Traditional Medicine in Jamnagar, Gujarat.

It will be the first and only global out posted Centre for traditional medicine across the globe.

It will be established under the Ministry of AYUSH.

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Cabinet approves MoU between ICMR, Oxford University to build partnership on data sharing for vector-borne diseases

The Union Cabinet has approved a Memorandum of Understanding (MoU) signed between the Indian Council of Medical Research (ICMR) and United Kingdom's Oxford University.

The objective of the MoU, signed in November 2021, was to build partnership in and beyond data and skill-sharing with equity and transparency.

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Sikkim govt to provide Rs 20,000 each to all non-working mothers & free sanitary napkin to girl students

The Sikkim government will give Rs 20,000 each to all non-working mothers and free sanitary napkins to all girl students of class 9 and above in the state.

The state government will implement the ‘Aama Yojna’ for non-working mothers and Bahini scheme for girl students.

A sum of Rs 100 crore has been earmarked in the budget for the scheme.

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Zeta partner Mastercard to power next-gen credit processing for banks, fintechs

Zeta, a banking tech unicorn and provider of next-gen credit card processing to banks and fintechs, and Mastercard announced a 5-year global partnership.

As part of the agreement, the firms will go-to-market jointly to launch credit cards with issuers worldwide on Zeta’s modern, cloud-native, and fully API-ready credit processing stack.

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Germany To Host G7 Meeting Over Food Security

Germany will host a virtual meeting of agricultural ministers from G7 countries to discuss the impact of Russia’s invasion of Ukraine on global food security and how to best stabilize food markets.

The German Minister of Agriculture and Food, Cem Özdemir, said that the meeting would focus on how to stabilize food markets.

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Germany holds the rotating presidency of the G7 most-advanced economies in 2022.

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Flipkart enters strategic alliance with Google Cloud to improve innovation

Google Cloud and e-commerce firm Flipkart, have entered into a multi-year strategic partnership to help fast-track Flipkart’s innovation and cloud strategy.

The partnership will propel Flipkart into its next phase of growth and advance its vision of onboarding India’s next 200 million shoppers and lakhs of sellers.

The companies didn’t reveal the value of this deal.

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Ministry of Culture and Ministry of Textiles to organise pan-India programme “Jharokha ".

As part of the Azadi ka Amrit Mahotsav Ministry of Culture and Ministry of Textiles are organizing “Jharokha-Compendium of Indian handicraft/ handloom, art and culture”.

It will be a PAN India celebration which will be held at 16 locations in 13 states and UTs.

Jharokha is ac elebration of the traditional Indian handicrafts, handlooms, and art & culture.

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Iran puts second military satellite into orbit - Tasnim

Iran's Islamic Revolutionary Guard Corps (IRGC) has successfully put a second military satellite, the Noor 2, into orbit.

Noor 2 is orbiting at an altitude of 500 kilometres (311 miles).

The first military satellite, launched by the Islamic Republic in April 2020, placed the Noor, or "light" in Persian, at an orbit of 425km (265 miles) above the earth’s surface.

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Iran's Capital: Tehran; Currency: Iranian rial.

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India's first 100% women-owned industrial park in Hyderabad.

India's first 100% women-owned industrial park has turned operational in Hyderabad.

A partnership between the state government of Telangana and FICCI Ladies Organisation (FLO), the 50-acre industrial park has 25 women owned and operated units across 16 different industrial segments.

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