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RailTel Bags Rs 253.35 Crore SBI Project To Provide 4G LTE Connectivity For 15,000 Offsite ATMs

RailTel Corporation announced that the State Bank of India (SBI) has awarded them a work order to connect 15,000 off-site ATMs around the country to 4G LTE. For a period of five years, this mini-ratna Public Sector Undertaking (PSU) under the Ministry of Railways will be in charge of operating and maintaining the whole network.

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Sanjai Kumar, Chairman and Managing Director of RailTel.

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PM Modi emerges as top-ranked global leader with a 78% approval rating

Prime Minister Narendra Modi has emerged as the world’s most popular leader with an approval rating of 78 per cent. This was revealed in a Global Leader Approval Ratings released by a US based consulting firm Morning Consult.

PM Modi has left behind US President Joe Biden, French President Emmanuel Macron and UK Prime Minister Rishi Sunak in terms of popularity.

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RBI imposes monetary penalty on Bank of Baroda, 2 others for rule violation

The Reserve Bank of India (RBI) has imposed monetary penalties on the Bank of Baroda, North East Small Finance Bank, and Krazybee Services Private Limited for rule violation.

The central bank imposed a ₹ 30 lakhpenalty on Bank of Baroda, ₹ 42.48 lakh on Krazybee Services Private Ltd and ₹ 39.50 lakh on North East Small Finance Bank.

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Department of Agriculture and Farmers Welfare signs MoU with DIL at the University of Chicago

Department of Agriculture and Farmers Welfare (DA&FW) under the Ministry of Agriculture and Farmers Welfare, Government of India, has signed MoU with The Development Innovation Lab (DIL) at the University of Chicago, in New Delhi, to explore the opportunities to harness innovation to improve food security, address climate change, and allow farmers to increase their income.

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Coal India arm MCL introduces drone technology in coal mines

India coal arm Mahanadi Coalfields Ltd (MCL) has introduced drone technology in coal mines by launching a web- based portal VIHANGAM along with a drone and ground control system. MCL is making use of drone technology for environmental monitoring, volume measurement and photogrammetric mapping of mine for digitalization of mining process.

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World Cancer Day I 4 February

World Cancer Day takes place every year on 4 February. It aims to prevent millions of deaths each year by raising awareness and education about cancer, and pressing governments and individuals across the world to take action against the disease.

The theme for World Cancer Day 2022-2024 is "Close the Care Gap' a call for equitable access to cancer treatments.

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Reliance Retail to accept digital currency

Reliance Retail has become the first Indian retailer to introduce Central Bank Digital Currency (CBDC), also known as digital rupee.

The company has piloted the use of Digital Rupee in one store in Mumbai, and plans to make this facility available in all its stores in Mumbai within the next three to four months, in accordance with Reserve Bank of India (RBI) norms.

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Budget 2023: FM Sitharaman announces Mahila Samman Bachat Patra

Finance Minister announced Mahila Samman Bachat Patra- a one-time new small savings scheme for a two-year period up to March 2025. This initiative will avail a deposit facility for a woman up to ₹two lakh for two-year period at a fixed interest rate of 7.5% with partial withdrawal option.The initiative is launched to commemorate the Azadi Ka Amrit Mahotsav.

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MeitY inaugurates G20 Cyber Security Exercise and Drill

The Secretary, Ministry of Electronics and Information Technology (MeitY), Shri Alkesh Kumar Sharma inaugurated the G20 Cyber Security Exercise and Drill for more than 400 domestic and international participants under India's G20 Presidency.

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New India Assurance (NIA) has launched a ‘Pay as You Drive’

New India Assurance (NIA) has launched a ‘Pay as You Drive’ (PAYD) policy, which offers a comprehensive motor insurance policy that charges premium based on the usage of vehicle. The policy has two components - third-party cover and own-damage cover.

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SEBI proposes measures to curb mis-selling in alternate investment funds

The Securities and Exchange Board of India (Sebi) has proposed measures to curb mis-selling in Alternate Investment Funds (AIFs) including mandatory offering of direct plans and introduction of trail model for distribution commission.

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Padma Bhushan Awardee and legendary singer Vani Jayaram passes away

Vani Jairam, also popularly known as Vani Jayaram, is a legendary playback singer in the South film industry. The National Award Winning and Padma Bhushan singer passed away, at the age of 78 years.

The legendary singer has not bagged one but four State Awards, three National Awards, International awards and many more.

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International Day of Human Fraternity | February

The International Day of Human Fraternity has been observed every year on February 4 for the last couple of years. This day, which falls in the middle of the International Interfaith Harmony Week. The International Day of Human Fraternity was instituted to celebrate the historic document titled “Human Fraternity for World Peace and Living Together".

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It was signed by Grand Imam of Al-Azhar, Ahmad Al-Tayyeb, & Pope Francis on Feb 4, 2019.