IBM announced that it has collaborated with Indian Bank to accelerate its modernisation path with flexible and secure compute infrastructure for deploying new front-end banking applications, while addressing the business growth of core banking solution workloads for the bank.
Shri.Shanti Lal Jain: Managing Director & Chief Executive Officer of Indian Bank.
The world's tallest Nataraja statue has been installed at Bharat Mandapam, the venue of the G20 summit in Delhi.
The 28-foot-tall statue weighing 20 tonnes was made in a record time of seven months by sculptor Radhakrishnan Sthapathy and his team at Swamimalai in Thanjavur District of Tamil Nadu.
The statue was built in Ashtadhatu using the traditional casting method.
India will participate in the 48th Toronto International Film Festival.
This year, the focus will be to showcase India as a hub of talent
This year, six Indian films have been shortlisted in the official selection at TIFF. The films include Dear Jassi directed by Tarsem Singh Dhandwar, Kill directed by Nikhil Nagesh Bhatt, and Thank You For Coming, directed by Karan Boolan
Average processing time of Income Tax Returns (ITR) has reduced to ten days in the Assessment Year 2023-24.
Average processing time of ITR was 82 days in the Assessment Year 2019-20, and 16 days in Assessment Year 2022-23.
According to the Department, six crore 98 lakh ITRs for Assessment Year 2023-24 were filed, out of which 6 crore 84 lakh ITRs have been verified.
SBI Card has launched ‘SimplySAVE Merchant SBI Card’ for micro, small, and medium enterprises (MSMEs), with the offer of short-term credit options and other exclusive benefits.
The SimplySAVE Merchant SBI Card operates on the RuPay network and can be linked to UPI for payments through UPI-enabled third-party apps.
Dinesh Khara, Chairman, State Bank of India
Abhijit Chakravorty, MD and CEO of SBI Card
RITES Limited, a leading transport infrastructure consultancy and engineering PSU has signed a Memorandum of Understanding (MoU) with iHUB DivyaSampark, IIT-Roorkee for jointly exploration of new business opportunities related to innovative technologies.
Both entities will collaborate on projects to explore opportunities for Cyber Physical Systems-related innovation.
UPI Merchant UDIR (Unified Dispute and Issue Resolution) system was successfully completed by NPST & NPCI. NPST have completed POC for Realtime refund process with a Marquee PAPG for resolving customer disputes and grievances pertaining to UPI payments, using a system-driven and rule-based mechanism with a minimal manual intervention.
India's largest integrated power utility NTPC Ltd has forged a partnership with Apollo Hospitals, reaffirming its steadfast commitment to the health and well-being of its workforce.
To enhance healthcare accessibility, NTPC has introduced ground-breaking services such as Tele-Consultation,Tele-ICU, and Tele-Emergency, spanning across nine NTPC plant locations in India.
The National Payments Corporation of India (NPCI), at the Global Fintech Fest, launched conversational payments initiatives that are aimed at increasing convenience and accessibility for users.
'Hello UPI' allows users to make payments by engaging in conversations with their smartphones — whether it's splitting a restaurant bill, sending money to a friend.
NPCI Non-Executive Chairman :Biswamohan Mahapatra.
Tata Steel has signed a Memorandum of Understanding (MoU) with ABB to work together and co-create innovative models and technologies to help reduce the carbon footprint of steel production.
ABB will bring global experience in automation, electrification, and digitalisation to the mining and metals industries.
Hitachi Payment Services, a subsidiary of Japan-based Hitachi Ltd, announced the launch of India's first-ever UPI-ATM as a White Label ATM (WLA) named Hitachi Money Spot UPI ATM, with the National Payments Corporation of India (NPCI).
A UPI-ATM allows users to withdraw cash from multiple accounts using the United Payments Interface (UPI) app.
WLAs are operated by non-banking entities.
The Union Cabinet approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS).
The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up to 40% of the capital cost as budgetary support in the form of Viability Gap Funding (VGF).
The Cabinet has approved an amount of Rs. 1164.53 cr. for Industrial Development Scheme (IDS), 2017 for Himachal Pradesh and Uttarakhand.
The government of India announced Industrial Development Scheme, 2017 for the state of Himachal Pradesh and Uttarakhand.
Under this scheme,the total financial outlay was Rs.131.90 crore
The Bank for International Settlements (BIS) and the Reserve Bank of India (RBI) announced the winners of the G20 TechSprint 2023 challenge during an award ceremony in Mumbai.
This year's TechSprint was launched last May by the RBI and BIS to promote innovative solutions aimed at improving cross-border payments, under India's G20 presidency.
Amazon India has signed a pact with five state governments to engage with employable Persons with Disabilities (PwDs) and enable their participation in the mainstream workforce.
These states are Haryana, Maharashtra, Gujarat, Karnataka and Tamil Nadu.
The MoU which extends until 2026 aims to provide skilling and employment opportunities to PwD candidates in five states.