The Reserve Bank of India’s Banknote Survey of Consumers findings revealed that, among banknotes, ₹100 was the most preferred while ₹2,000 was the least preferred denomination.
Among coins, denomination of ₹5 was the most preferred whereas ₹1 was the least preferred.
President Ram Nath Kovind appointed Justice Pradip Kumar Mohanty as Acting Chairperson, Lokpal.
Justice Mohanty has been authorised by the President to act as Chairperson, Lokpal, in the vacancy caused due to completion of the tenure of Justice Pinaki Chandra Bose, Chairperson, Lokpal.
Uttarakhand government announced a drafting committee to implement the much-debated Uniform Civil Code (UCC) in the state.
The committee will be headed by retired Supreme Court judge Ranjana Desai while retired Delhi High Court judge Pramod Kohli, ex-state chief secretaries Shatrughan Singh, Manu Gaud and Surekha Dangwal will be remaining members of it.
It was found that the bank failed to put in place Straight Through Processing (STP) between Core Banking System(CBS)/accounting system and SWIFT messaging system for transactions creating non-funded exposure/exposure with financial implications, within the time limit of April 30, 2018, according to a RBI release.
MUFG Bank, Ltd. is the largest bank in Japan.
Headquarters: Chiyoda City, Tokyo, Japan.
Just Transition Research Centre (JTRC) at Indian Institute of Technology (IIT) Kanpur has joined with the Energy Security and Climate Change Program at the Center for Strategic and International Studies (CSIS), Washington D.C., to work on just energy transition globally including in India.
Prof. Pradip Swarnakar, Founder of JTRC, IIT-Kanpur.
United Nations is observing the International Week of Solidarity with the Peoples of Non-Self-Governing Territories from 25th to 31st 2022. In the UN Charter, a Non-Self-Governing Territory is defined as a Territory “whose people have not yet attained a full measure of selfgovernment". At present, there are 17 Non-Self-Governing Territories remaining.
The Ministry has prepared a National Mission document to achieve 100 MT Coal Gasification by 2030. Coal gasification is future. It is considered as cleaner option compared to burning of coal. Gasification facilitates utilization of the chemical properties of coal. Accordingly, India’s hydrogen demand is likely to increase to 11.7 million tonnes by 2030 from 6.7 million ton.
The Ministry of Coal organized the National Mineral Congress in Bhubaneswar
The President of India inaugurated the National Women Legislators’ Conference-2022 in Thiruvananthapuram. The Conference is being hosted by the Kerala Legislative Assembly as part of ‘Azadi ka Amrit Mahotsav’. Women legislators from the Parliament, Speakers and Legislators from different States participated. It had various sessions on themes vital to woman legislators.
24 women were elected to the first Lok Sabha in 1952.
Adani Enterprises, through its subsidiary Adani Defence Systems and Technologies Ltd, signed an agreement to acquire 50% stake in drone firm General Aeronautics Pvt Ltd. Adani Defence Systems and Technologies Ltd will leverage its military drone and AI/ML capabilities and work with General Aeronautics for providing end to end solutions for domestic agricultural sector.
Minister of State for Commerce and Industry launched the Indian Business Portal. The portal will serve as an international trade hub for Indian exporters and foreign buyers. The portal is a business to business digital marketplace to empower small medium enterprises exporters, artisans and farmers to identify new markets for their products and grow their sales globally.
PM will inaugurate World's first Nano Urea (Liquid) Plant constructed at Indian Farmers Fertilizer Cooperative Ltd (IFFCO) at Kalol. The Nano Urea (Liquid) Plant has been built at the cost of around 175 crore rupees in an effort to further provide farmers the means to boost productivity and help increase their income. The Plant will produce about 1.5 lakh bottles of 500 ml
HDFC Securities has launched HDFC Money, a robo-advisory platform for all mutual fund investments. HDFC Money is a 100 per cent digital platform that doesn’t involve opening or having a Demat Account. Robo-advisory analysis the input and places recommendation of the schemes must suitable as per the risk profile and time horizon.
Moody’s Investors Service has lowered its gross domestic product (GDP) growth forecast for India to 8.8 per cent for calendar year 2022 (CY22) from its March estimate of 9.1 per cent, holding that rising inflation and interest rates will temper the economic growth momentum.Moody’s expects India’s retail inflation to increase to 6.8 per cent in 2022 from 5.7 per cent in 2022
The Reserve Bank of India (RBI) has red-flagged non-banking financial companies (NBFCs) in its annual report, observing that balance sheets of shadow banks expanded even as the asset quality deteriorated. Moreover, the regulator said some of these entities pose potential threat to financial stability as their size increased due to higher risk appetite.
The agreement was signed between Environment, Forest and Climate Change Minister Bhupender Yadav and UAE Climate Envoy and Minister of Industry and Advanced Technology Dr Sultan Al Jaber. The basic objective of this MoU is to establish a framework to facilitate and enhance bilateral cooperation on climate action, and also contributes towards implementing the Paris Agreement
Dr A Gopalakrishnan, Director of the ICAR-Central Marine Fisheries Research Institute (CMFRI) has won the prestigious VASVIK (Vividhlaxi Audyogik Samshodhan Vikas Kendra) Industrial Research Award for the year 2020 in the category of Agricultural Sciences and Technology. The VASVIK research award is presented to scientists and researchers who have excelled in various fields