Daily News

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Kerala becomes country’s first fully digital banking state

Chief Minister Pinarayi Vijayan declared Kerala as the first state in the country to go fully digital in its banking service and said this recognition would boost the state economy.

The Chief Minister also said the ambitious Kerala Fibre Optic Network (K-FON) project of the state government, which was almost 90 per cent completed, will reduce the digital divide.

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Asian Paints to invest Rs 2,000 crore to set up water-based paint manufacturing facility

Asian Paints, the country’s largest paints manufacturer, will invest Rs 2,000 crore to set up a water-based paint manufacturing facility with a capacity of 4 lakh kilolitre per annum.

The company had also announced plans to also invest about Rs 2,650 crore for manufacturing key raw materials including Vinyl Acetate Ethylene Emulsion (VAE) and white cement.

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Amit Syngle: Managing Director & CEO of Asian Paints Ltd.

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ICICI Prudential Life Insurance signs Suryakumar Yadav for a new campaign

ICICI Prudential Life Insurance announced an association with the world’s top T20 batter Suryakumar Yadav, to launch a new digital-first campaign - "360° Financial Protection with ICICI Prudential Life Insurance".

Life insurance straddles the two most important aspects of financial planning - protection and savings.

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ICICI Bank announces the launch of digital solutions for exporters, a comprehensive set of banking and value-added services

The set of solutions offer industry-first facilities such as instant disbursal of Export Packing Credit (Insta EPC) and Trade APIs. Insta EPC provides export finance instantly, while Trade APIs enable the smooth handling of export transactions directly from exporters’ ERP systems, thereby providing greater convenience.

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Pravasi Bharatiya Divas: PM Modi inaugurates Pravasi Bharatiya Divas (PBD) convention in Indore

PM Modi inaugurated the Pravasi Bharatiya Divas convention in Indore.

President of the Cooperative Republic of Guyana Dr Mohamed Irfaan Ali will be the chief guest and the Republic of Suriname President Chandrikapersad Santokhi will be the special guest of honour.

The theme of the PBD convention is 'Diaspora: Reliable partners for India's progress in Amrit Kaal'.

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Pravasi Bharatiya Divas is a celebratory day observed on 9 January.

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Anahat Singh clinches Girls U-15 squash title at British Junior Open tournament in Birmingham

Indian squash prodigy Anahat Singh clinched the girls Under-15 squash title at the most prestigious British Junior Open tournament in Birmingham. The British Junior Open is held in January every year in the UK where all the best players from all over the world compete to win the coveted title. The 14-year-old defeated Sohaila Hazem of Egypt, 3-1 in the final.

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International Kite Festival 2023 inaugurated with G20 Theme

Gujarat Chief Minister Bhupendra Patel inaugurated the International Kite Festival 2023 in Ahemdabad. The theme of the festival is 'One Earth, One Family, One Future'. The festival is being organized by the Gujarat Tourism department and after a two-year halt due to the pandemic.

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Governor of Gujarat-Acharya Devvrat

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First meeting of working group on G20 GPFI began in Kolkata on 9th January 2023

The first meeting of the working group on G20 Financial Inclusion Indicators (GPFI) will begin in Kolkata in January 9. All the member countries, invited countries, and invited organisations like World Bank, IMF, and the United Nations will take part in the meeting. The main session will discuss Global Partnership for Financial Inclusion.

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Anant Nageswaran-Chief Economic Advisor

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Axis Bank and fintech company, OPEN join hands to launch a digital current account for businesses

Private lender, Axis Bank announced joining hands with the digital banking fintech company, OPEN launch a digital current account for its customers including SMEs, freelancers, homepreneurs, influencers and others. The current account holders will get access to Axis bank’s over 250 banking services along with OPEN’s financial automation tools for business management.

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Anish Achuthan, co-founder and chief executive officer, OPEN.

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India to host ‘Voice of the Global South Summit’

To articulate the views of the developing countries regarding the effects of the pandemic India will host the ‘Voice of the Global South Summit’ under the theme - ‘Unity of Voice, Unity of Purpose’ - essentially envisages bringing together countries of the global south and share their perspectives and priorities on a common platform across a whole range of issues

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Novak Djokovic saves championship point to beat Korda to Adelaide title

Novak Djokovic defeated America’s Sebastian Korda in a nerve-wracking final to win the Adelaide International men’s singles title. The 21-time Grand Slam winner won the match 6-7 (8-10), 7-6 (7-3), 6-4 in three hours and nine minutes. Djokovic also equalled Rafael Nadal’s tally of 92 ATP singles titles in the Open Era.

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Adar Poonawalla gets Patangrao Kadam award, Maha Dy CM hails SII for vaccine work

Maharashtra Deputy Chief Minister Devendra Fadnavis lauded vaccine manufacturer Serum Institute of India and its CEO Adar Poonwalla for their contribution in the fight against COVID-19. Poonwalla was conferred with first Dr Patangrao Kadam Memorial Award. Patangrao Kadam was a leader who created 190 institutes to provide quality education and created quality human resource

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BPCL launches low-smoke Superior Kerosene Oil for Indian Army

Indian state refiner Bharat Petroleum Corp announced the launch of low-smoke superior kerosene oil (SKO) for the Indian Army in Jammu. BPCL has emerged as the first OMC to commence the supply of the new LSLA grade SKO supplies to the Army, which will go a long way in improving the serving environment and alleviate the issues related to smoke and smell in use of SKO.

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Bandhan Bank launched ‘Jahaan Bandhan, Wahaan Trust’ campaign

Bandhan Bank has launched an integrated marketing campaign featuring the bank’s brand ambassador, cricketer, Sourav Ganguly. The ‘Jahaan Bandhan, Wahaan Trust’ campaign, the company said, emphasises the ‘trust’ that the brand has been able to earn in a span of seven years as a bank and over the last two decades in the various avatars prior to the bank.

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Chandra Shekhar Ghosh-Founder, MD & CEO of Badhan Bank

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State-run firms to remain exempt from public shareholding norms: Govt

Indian state-run companies will continue to be exempt from the minimum public shareholding (MPS) norm that requires listed companies to maintain a 25% public shareholding, a government notification said. The exemptions from the MPS norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted.

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Kilauea Volcano In Hawaii Erupts Again After A Brief Pause

The Kilauea volcano in Hawaii has started erupting after a brief pause, less than a month after its neighbour Mauna Loa stopped spilling lava from an earlier eruption, according to the officials at Hawaii Volcanoes National Park. The summit of Kilauea is located far from populated areas, inside Hawaii Volcanoes National Park.

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Hawaii's Kilauea volcano also erupted in April 2021.

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HSBC Mutual Fund launches multi cap fund NFO

HSBC Mutual Fund has launched HSBC Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, and small cap stocks. The new fund offer (NFO) opens on January 10.This will be the first NFO post the acquisition of L&T AMC and schemes of L&T Mutual Fund by HSBC Asset Management.

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Former Bengal governor Keshari Nath Tripathi passes away

Senior leader of the Bharatiya Janata Party (BJP) and former West Bengal governor Keshari Nath Tripathi passed away at 88 at his home in Uttar Pradesh’s Prayagraj. Tripathi served as a member of the UP Legislative Assembly six times. On July 14, 2014, Tripathi was appointed as the governor of West Bengal.

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