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ICRA appoints Jayanta Chatterjee as the MD and CEO of ICRA Analytics

ICRA has announced the appointment of Jayanta Chatterjee as the Managing Director and Chief Executive Officer of ICRA Analytics Limited (IAL), a wholly-owned subsidiary of ICRA. Chatterjee has succeeded Sushmita Ghatak.

Ramnath Krishnan, MD & Group CEO at ICRA.

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IAF, Drone Federation of India to co-host Bharat Drone Shakti 2023

The Indian Air Force (IAF), recognizing the potential of indigenous drone design and development, is collaborating with the Drone Federation of India to jointly host 'Bharat Drone Shakti 2023.'

This event, scheduled for September 25th and 26th, will take place at the IAF's Hindan airbase in Ghaziabad and will feature live aerial demonstration

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Indian armwrestlers win 11 medals at World Armwrestling Championship 2023

The Indian delegation which participated in the 44th World Armwrestling Championship 2023 and the 25th PARA Armwrestling Championship showed great aptitude and decisiveness.

Held in Almaty, Kazakhstan from August 24-September 3, the Indian contingent has bagged 11 medals - three gold, six silver, and two bronze.

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International Literacy Day | 8 September

To signify the role of literacy and education in one's life, the world observes International Literacy Day every year on September 8.

The day reminds us of the importance of personal development, literacy, and progress of society.

The day was first time observed by the United Nations Educational, Scientific and Cultural Organisation (UNESCO).

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India, ASEAN agree to deepen comprehensive strategic partnership with concrete actions

India and 10-nation ASEAN agreed to deepen their comprehensive strategic partnership with concrete actions through practical implementation of the 'Plan of Action' to implement the ASEAN-India partnership for peace, progres progress and shared prosperity.

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Malini Rajurkar, Hindustani vocalist whose 'tappa' renditions were epic, passes away at 82

Noted Hindustani classical vocalist Malini Rajurkar, who epitomised simplicity and depth, passed away in a Hyderabad hospital.

As one of the foremost exponents of Gwalior gharana, she forged a special connection with the audience in Pune at the annual Sawai Gandharva festival for nearly five decades.

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SBI launches ‘Nation First Transit Card’ for digital fare payments

The State Bank of India, country’s largest lender, has launched the ‘Nation First Transit Card’ facilitate the seamless and convenient customer commuting experience and ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card.

In addition, individuals can also use this card for making retail and e-commerce payments.

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SBI launches RuPay NCMC Prepaid Card

State Bank of India has launched the “RuPay NCMC Prepaid Card” to facilitate easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card.

In addition, individuals can also use the National Common Mobility Card (NCMC) for making retail and e-commerce payments

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Dinesh Kumar Khara, Chairman, State Bank of India

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North Korea launches first operational tactical nuclear attack submarine

North Korea has launched its first operational tactical nuclear attack submarine, and assigned it to the fleet that patrols the waters between the Korean peninsula and Japan.

North Korean leader Kim Jong Un, who attended the launch ceremony on Wednesday, said arming the navy with nuclear weapons was an urgent task and promised to transfer more underwater and surface vessels

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Country's first underground power transformer in Bengaluru installed

Energy Minister KJ George inaugurated the country's first underground transformer center in the state capital Bengaluru.

It has been set up at 15th Avenue, Malleswaram in collaboration with BESCOM and BBMP at a cost of Rs 1.98 crore.

This is a transformer of 500 KVA capacity. Only Western countries have power transformer underground stations.

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SEBI gives nod to Groww Mutual Fund to launch first index fund: Report

Groww, an online broking firm, has received approval from the market regulator Securities and Exchange Board of India (SEBI) to launch its first index fund.

The company will launch the Groww Nifty Total Markets Index Fund through a new fund offering (NFO).

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Mastercard and KredX partner to simplify B2B digital payments

Indian supply chain finance platform KredX has joined forces with Mastercard to streamline B2B digital payments.

The collaboration is set to integrate Mastercard’s commercial card service with KredX’s innovative platform, eliminating the usual complexities associated with B2B payments made using cards.

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Global trade finance gap at record $2.5 trillion, says ADB

The global trade finance gap surged to a record $2.5 trillion in 2022 from $1.7 trillion two years earlier on the back of rising interest rates, flagging economic prospects, inflation, and geopolitical volatility reducing the capacity of banks to deliver trade financing, said the latest survey by Asian Development Bank (ADB)

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