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ICICI Bank introduces EMI facility for UPI payments by scanning QR

ICICI Bank announced that it has introduced easy EMI facility for UPI payments made by scanning QR code.Customers eligible for PayLater, the Bank’s ‘buy now, pay later’ service can avail of the EMI facility in an instant, easy & seamless manner.

Through this facility, ICICI Bank customers can pay transaction amounts above Rs 10,000 in easy installments in 3,6, or 9 months.

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IMF cuts India’s FY 2023-24 growth forecast to 5.9%

The International Monetary Fund (IMF) lowered India’s economic growth projection for the current financial year to 5.9 per cent from its earlier estimate of 6.1 per cent.

As per the IMF’s bi-annual World Economic Outlook report, India’s headline retail inflation is expected to ease to 4.9 per cent in 2023-24 from 6.7 per cent in the previous year.

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RBI issues detailed norms for outsourcing of IT services by banks, NBFCs

In its 'Master Direction on Outsourcing of Information Technology Services', RBI said that Regulated Entities (REs) have been extensively leveraging IT and IT-enabled Services (ITeS) to support their business models, products and services offered to their customers.

With a view to provide REs adequate time, the norms will come into effect from October 1, 2023.

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Three-day International Conference on Defence Finance and Economics to begin in New Delhi today

Defence Minister Rajnath Singh inaugurated a three-day International Conference on Defence Finance and Economics in New Delhi today.

The conference will provide a unique platform to policymakers, academicians and government officials to share their insights and experiences on Defence Finance and Economics in the present evolving security challenges.

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Nisha Dahia wins Silver in Asian Wrestling Championships in Kazakhstan

India's Nisha Dahiya won silver at the Asian wrestling championships in Astana, Kazakhstan.

This is the biggest-ever medal of her career in the women's 68kg category.

Another Indian wrestler, Priya Malik clinched a bronze in 76 kg category. She defeated Japan's Mizuki Nagashima in the repechage round.

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Reserve Bank announces framework for acceptance of Green Deposits

With a view to foster and develop a green finance eco-system in India, the Reserve Bank has put in place a framework for acceptance of Green Deposits.

In a statement, RBI has said that the financial sector can play a pivotal role in mobilizing and allocating resources for green activities/projects.

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Nilesh Sambare honored with the ‘Maratha Udyog Ratna 2023’ by Maratha Entrepreneurs Development and Guidance Institute Maharasht

Nilesh Bhagwan Sambare, also known as Appa, the founder of Jijau Educational and Social Foundation or Sanstha, was awarded the “Maratha Udyog Ratna” in the “Maratha Entrepreneurs Conference 2023” organized by the “Maratha Entrepreneurs Development and Guidance Institute Maharashtra State.” 2023″ at Mahakavi Kalidas Kalamandir, Nashik.

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International Day of Human Space Flight I 12 April

The United Nations (UN) celebrates the International Day of Human Space Flight on April 12 each year.

The day remembers the first human space flight on April 12, 1961.

The day also aims to promote aspirations to explore and maintain outer space for peaceful purposes.

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IIT-Bombay and UIDAI join hands to develop touchless biometric system

The Unique Identification Authority of India signed a memorandum of understanding with the Indian Institute of Technology, Bombay (IIT-Bombay), to develop a touchless biometric capture system for easier use, anytime and anywhere.

Under the MoU, UIDAI and IIT Bombay will carry out joint research to build a mobile capture system for fingerprints along with the capture system.

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Power Minister R K Singh launched the State Energy Efficiency Index 2021-22 report

Union Minister of Power and New & Renewable Energy, Shri R. K. Singh released the report of State Energy Efficiency Index 2021-22.

In SEEI 2021-22, 5 states - Andhra Pradesh, Karnataka, Kerala, Rajasthan and Telangana - are in the Front Runner category (>60 points) while 4 states - Assam, Haryana, Maharashtra, and Punjab - are in the Achiever category (50-60 points).

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Saudi Arabia receives flag to host FEI World Cup Finals 2024

The Kingdom of Saudi Arabia received the flag of hosting the FEI World Cup Finals 2024, during the World Cup Finals held in Omaha, Nebraska, USA.

The FEI World Cup Finals 2024 will be held in April of next year, in Riyadh, marking the first time the event will be held in the Middle East.

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Freedom House Index: Tibet ranked world’s least free country

Freedom House, a global watchdog of human rights around the world, released its report titled "Freedom in the World 2023 Report."

According to the news report, Freedom House ranked Tibet as the "World's least-free country," with South Sudan and Syria.

According to Freedom House's report, both Chinese and Tibetans living in Tibet lack basic human rights.

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NSE Indices Launches Nifty REITs & InvITs Index

The National Stock Exchange’s index services subsidiary, the NSE Indices Limited, 2023 launched India’s first-ever Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) Index – the Nifty REITs & InvITs Index.

The Nifty REITs & InvITs index will track the performance of REITs and InvITs that are publicly listed and traded at the NSE

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