Wednesday, 31 August 2016

NPCI launches Bharat Bill Payment System pilot project

National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in India, has launched a pilot project for Bharat Bill Payment System (BBPS) with 26 Bharat Bill Payment Operating Units (BBPOUs). In the first phase, BBPS will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and Direct-to-Home (DTH).

Sony Pictures Network acquires Ten Sports for $385 mn

Sony Pictures Networks India (SPN) and ZEE have entered into definitive agreements to acquire TEN Sports Network and its subsidiaries for $385 million. The acquisition will add five sports channels, TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD to SPN's existing portfolio of channels. The acquisition not only makes SPN’s bouquet the largest in the country, but also gives the network presence in the Indian sub-continent, Maldives, Singapore, Hong Kong, Middle East, Caribbean.

Bhutan set to host Asian Tennis Tour event next month

Land of the thunder dragon’s Nation Bhutan is set to become the fourth Asian country to host a tournament on the Asian Tennis Tour. India, Thailand and Iranhave already hosted a series of tournaments, both men and women, on ATT and Bhutan is scheduled to host its maiden event from September 16 to 18.

First military heritage website launched

India's first military heritage website, was launched by Glory Foundation at Chennai. A veteran of the 1971 Indo-Pak war, city based Captain D.P.Ramachandran who is also the executive trustee of the foundation declared the war heroes of South India held great significance to the history of India.

Govt panel clears 16 highway projects across 11 states

The Government has approved 16 highway projects in 11 states to be executed at a cost of 7,457 crore rupees. Talking to reporters in New Delhi, Road Transport and Highways Secretary Sanjay Mitra said, the standing Finance Committee has cleared these projects for 622 km.

Mobikwik joins hand with 12 state electricity boards

India's largest digital payment company, MobiKwik has announced coalition with 12 state electricity boards. The MobiKwik took this initiative ahead of its expansion plan to set up a national base for utility payments. Bihar, Madhya Pradesh, Odisha, Tripura, Meghalaya, Calcutta, Rajasthan and union territories of Daman and Diu are the states inclusive in the coalition agreement.

Gujarat becomes first state to distribute 2 Cr. LED bulbs

Under the Government’s initiative of affordable LEDs for all (UJALA) scheme, Gujarat has become the 1st state to distribute 2 crore LED bulbs.

PTC fin arm ties up with banks for clean energy project loans

Ptc India Financial Services (PFS) has tied up with banks that will provide loans to companies engaged in renewable energy (RE) production. Upon this collaboration these banks set to letter of credit (LC) based on the issue letter of comfort (LOC) issued by PFS, to project companies in the renewable space with diligence on certain parameters.

State Bank of Travancore appoints new Chief GM Ashok Kumar Pradhan

Ashok Kumar Pradhan has taken over as its Chief General Manager of State Bank Of Travancore. He succeeds S Adikesavan, whose transfer to Hyderabad had kicked up a controversy recently. Pradhan, who is from Cuttack in Orissa, started his banking career in 1985 as a Probationary Officer in State Bank of Bikaner and Jaipur.

Mizoram Assembly becomes 13th state to ratify GST

Mizoram Assembly has ratified the goods and services tax (GST) constitutional amendment bill by adopting an official resolution. 13 states, including Delhi and Bihar, have so far approved the legislation.

Tuesday, 30 August 2016

Daily News Highlights : 30th August, 2016

Dear Reader,

As most of you have continuously asked for something more in GA so here is the good news guys. As now we are going to provide you a full day current affairs in One post and in more easily accessible format. So whatever going around in the world we will provide you in one Daily News Highlights post. With the help of this post, you will able to  revise day wise current affairs in an easy manner.

NABARD sanctions loan for 10 MW solar plant in Haryana

The National Bank for Agriculture and Rural Development (NABARD)  has sanctioned a loan of Rs 204.67 crore for Haryana under Rural Infrastructure Development Fund for projects including a 10 MW solar plant at Panipat thermal power station.

Famous art historian and Painter Dinanath Pathy passes away

Famous painter, writer and art historian Dinanath Pathy passed away following a cardiac arrest at a hospital in Bhubaneswar. He was 74.

PM Narendra Modi inaugurates first phase of SAUNI yojana in Jamnagar

PM Narendra Modi today inaugurated the 1st of the 4 phases of the ambitious irrigation scheme  (worth Rs 12000 cr), Saurashtra Narmada Avtaran Irrigation Yojana (SAUNI), at the Aji-3 dam near Rajkot.

Telangana ratifies GST Bill

The Telangana Legislative Assembly and Legislative Council have unanimously passed a resolution giving their nod to the proposed Amendment to the Constitution to pass the GST (Goods and Service Tax) bill.

Canara Bank launches UPI app ‘empower’

Canara Bank has launched an Unified Payment Interface (UPI) app named 'empower'. The mobile app works on NPCI platform and enables any bank customers to pay and collect using this single app. The mobile app was launched by T N Manoharan, Chairman, and Rakesh Sharma, MD & CEO, in the presence of board of directors of the Bank.

Amazon launches dedicated online Telugu book store

E-commerce portal has announced the launch of a dedicated online Telugu book store with a wide-range of over 10,000 Telugu titles. Now, Readers can get Telugu translations of English bestsellers in the store. Currently, Amazon caters to Hindi, Tamil, Kannada, Marathi, Malayalam, Gujarati and Bengali languages.

Velankanni Basilica annual fest starts

The world famous Velankanni our lady of health basilica 11 day long annual feast started last night with the hoisting of flag in Tamil Nadu. Lakhs of devotees are expected to throng the shrine for the ten day long festival.

Myanmar and India signed four agreements to boost bilateral cooperation

India and Myanmar have signed four agreements following bilateral talks between Prime Minister Narendra Modi and visiting Myanmar President Htin Kyaw. President Kyaw was on a four-day visit to India from 27 August to 30 August 2016.

Dogri writer Padma Sachdev gets Saraswati Samman

Poet and novelist Padma Sachdev was awarded the prestigious Saraswati Samman for the year 2015 for her autobiography 'Chitt-Chete' in Dogri language. She was felicitated by Delhi's Lt Governor Najeeb Jung in New Delhi on 29 August 2016.

India and US Sign Deal To Share Military Assets And Bases

India and the United States have signed an important agreement that will make the two nations logistical allies and enable both the militaries to use each other's assets and bases for repair and replenishment of supplies.

CRPF to appoint PV Sindhu as Commandant and brand ambassador

Country’s largest paramilitary force Central Reserve Police Force India (CRPF) has decided to appoint Olympic silver medalist PV Sindhu as it’s brand ambassador and bestow the honorary rank of Commandant on the ace badminton player.

Haryana Assembly ratifies GST Bill

The Haryana Assembly has unanimously ratified the Constitution Amendment Bill on Goods and Services Tax (GST). The bill was introduced by state Finance Minister Capt Abhimanyu and passed after a brief debate.

Monday, 29 August 2016

Daily News Highlights : 29th August, 2016

Dear Reader,

As most of you have continuously asked for something more in GA so here is the good news guys. As now we are going to provide you a full day current affairs in One post and in more easily accessible format. So whatever going around in the world we will provide you in one Daily News Highlights post. With the help of this post, you will able to  revise day wise current affairs in an easy manner.

West Bengal passes a resolution to rename the state

The West Bengal Assembly has passed a resolution for renaming the state as 'Bangla' in Bengali and 'Bengal' in English, weeks after a proposal in this regard was put forward by CM Mamata Banerjee.

GST bill unanimously passed in Maharashtra Assembly

The Maharashtra Assembly's has unanimously passed the Goods and Services Tax (GST) Constitutional Amendment Bill. The Finance Minister Sudhir Mungantiwar tabled a resolution in the Assembly to ratify the bill.

Wipro’s chief learning officer Abhijit Bhaduri quits

Abhijit Bhaduri, chief learning officer of Wipro has resigned. Bhaduri , will start his own executive coaching company. Bhaduri is the man behind many of Wipro's initiatives like global 100 program - where the next generation of Wipro pipeline was created, new age unconventional training methods like taking the top brass of Bengaluru-based IT firm to Jaipur Lit Fest. He has been with Wipro for 7 years.

Western Railway wins all India railway athletic championship

Western Railway won the overall team championship in the 82nd All India Railway athletic Championship held at Tiruchirapalli Tamil Nadu (TN). Central railway stood 2nd and Southern Railway 3rd in the overall team category. Best athlete award in men’s category was given to Jasdeep Singh of Northern Railway and best women athlete award to Dutee Chand of Northern Railway.

Carborundum Universal inaugurates R&D centre at Hosur

Murugappa Group firm Carborundum Universal (CUMI) inaugurated its Research and Development centre at its industrial ceramics division in Hosur, Tamil Nadu. The centre was inaugurated by M M Murugappan, Chairman of CUMI and Vice Chairman of Murugappa Group, along with others. The new R&D Centre would further strengthen the platform of competence for sustainable growth & market leadership of wear-resistant & technical ceramic products in selected segments.

Four athletes get Rajiv Gandhi Khel Ratna award

President Pranab Mukherjee today conferred the country's highest sporting honour Rajiv Gandhi Khel Ratna award to Rio medalists PV Sindhu, Sakshi Malik along with gymnast Dipa Karmakar and ace shooter Jitu Rai.

Amit Chandra inducted as non-executive director of Tata Sons

Tata Sons, the holding company of the Tata Group of companies, has appointed private equity firm Bain Capital’s Managing Director Amit Chandra as the non-executive director.

AM Naik names SN Subrahmanyan as next Larsen & Toubro chief

Indian multi-national conglomerate Larsen & Toubro’s group named S N Subrahmanyan as the Managing director (MD) and chief executive officer (CEO) of India’s largest infrastructure engineering company from October first.

Doha Bank opens branch in Kerala

Qatar's based Doha Bank has opened a branch, the Kerala’s Chief Minister Pinarayi Vijayan inaugurated the branch.  The Bank also held an investors conference on Kerala-Qatar Investment Opportunities, which saw a participation of major investors and SMEs from the state and GCC and Doha Bank officials.

Nico Rosberg wins 2016 Belgian Grand Prix

German Mercedes driver Nico Rosberg has won the  Belgian Grand Prix 2016 of Formula One. It was Rosberg’s overall 10th championship title of F1 in his career and the sixth win in the 2016 season.

China Launches State-Owned Aircraft Engine Maker

China has set up a state-owned aircraft engine maker with registered capital of 50 billion yuan ($7.5 billion), in the latest effort to develop home-grown, high-tech businesses to compete in international markets.

Mehbooba Mufti launches UJALA scheme in Jammu and Kashmir

Chief Minister, Mehbooba Mufti has formally launched the Ujala Scheme in Jammu and Kashmir with the distribution of LED bulbs. The National LED programme was launched by the Prime Minister in January 2015 with a target of replacing 77 crore incandescent lamps with LED bulbs. UJALA is successfully running across various states in the country.

HRD Minister Prakash Javadekar inaugurates IIT in Dharwad

Union HRD Minister Prakash Javadekar formally inaugurated the institute in Dharwad. The inauguration, which was planned last month end, had to be postponed due to the Kalasa Banduri agitation.

India captain MS Dhoni sets world record in 1st T20I in USA

India captain Mahendra Singh Dhoni has been set a world record, he captained India in a record 325th game (most by a player in history), across all three formats, to break Australian skipper Ricky Ponting's mark.

Sania wins Connecticut Open doubles title

Indian tennis ace Sania Mirza and her Romanian partner Monica Niculescu won the Connecticut Open doubles title defeated Kateryna Bondarenko of Ukraine and Chuang Chia Jung of Taiwan in the final. The Indo-Romanian pair won 7-5, 6-4. This is a major confidence booster for Sania ahead of the US Open Grand Slam tournament.

Sunday, 28 August 2016

Punit Misra named CEO of Zee Entertainment domestic broadcast biz

Zee Entertainment Enterprises has appointed Punit Misra as Chief Executive Officer (CEO) for its domestic broadcast business. Misra’s appointment will come to effect from October 1 will report to Zee Entertainment Enterprises Managing Director and Chief Executive Officer Punit Goenka.

Sharmila Tagore appointed as a new member of the BCCC

Film actress Sharmila Tagore, theatre activist Arundhati Nag and film studies academician Ira Bhaskar have been appointed new members of Broadcasting Content Complaints Council (BCCC), the self-regulatory body which hears complaints against TV content.

Himachal Health Minister launches ambulance mobile app

Himachal Pradesh Health Minister Kaul Singh Thakur has launched a mobile application called '108 HP' to facilitate efficient access to ambulances for medical emergencies.

India's first textile university to come up at Surat

Gujarat government is planning to set up India's first textile university at Surat with an investment of about Rs 800 crore - Rs 900 crore. The textile industry will support the government in the endeavour.The state government will fund about Rs 800-900 crore for the university, which is expected to get operational in the next one and a half years.

Lalita Babar, chessplayer Shardul Gagare to get SJAM awards

Maharashtra’s sixth Chess GM Shardul Gagare, and steeplechase specialist Lalita Babar, who finished a creditable 10th in the Rio Olympics, have been chosen for the Sports Journalists Association of Mumbai’s (SJAM) Golden Jubilee Annual Awards 2016.

ISRO tests Scramjet Rocket engine

The Indian Space Research Organisation (ISRO) today successfully test-fired its Scramjet Rocket Engine, which will use oxygen from the atmosphere thereby reducing launch cost, from the spaceport of Sriharikota.

Tunisian parliament passes confidence vote for its new government

The parliament in Tunisia passed a confidence vote in the Government of National Unity. The government of Prime Minister Youssef Chahed was supported by 167 of the 217 members of parliament 22 were against and five abstained. The move came after the majority of lawmakers in the Tunisian parliament passed a vote of no confidence in Premier Habib Essid, which followed his unwillingness to form a new unity government. 

Source - The hindu

World Bank sanctions Rs 980 cr for Brahmaputra dredging: Min

The World Bank has announced a funding of Rs 980 crore to dredge the Brahmaputra as an initiative to develop waterways to Bangladesh and to other South East Asian countries which is give fillip to trade and industry in the Area.

Saturday, 27 August 2016

Daily News Highlights : 26th August, 2016

Dear Reader,

As most of you have continuously asked for something more in GA so here is the good news guys. As now we are going to provide you a full day current affairs in One post and in more easily accessible format. So whatever going around in the world we will provide you in one Daily News Highlights post. With the help of this post, you will able to  revise day wise current affairs in an easy manner.

Finance Ministry sets up panel to suggest steps to promote card payments

Union Finance Ministry Arun Jaitley has set up a committee to consider incentives such as cash back schemes and tax rebates for promoting card and digital payments in a step towards discouraging cash transactions. With an aim to discourage cash transactions, the Finance Ministry has set up this high-level committee to suggest steps to promote card payments through incentives like tax rebates and cash back schemes.

Karnataka Bank launches UPI app KBL-SMATRz

Karnataka Bank has come up with a mobile application named KBL-SMARTz built on the unified payments interface (UPI) platform of the National Payments Corporation of India (NPCI). The App was launched by the Managing Director (MD) and Chief Executive Officer (CEO) P Jayarama Bhat, Karnataka Bank.