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Friday, 31 March 2017

Karnataka Bank, SBI Card launch co-branded credit card

Karnataka Bank and SBI Card have launched co-branded credit cards for the customers of Karnataka Bank.

RBI says payment systems to remain closed on April 1

The Reserve Bank of India (RBI) has said all payment systems will remain closed on April 1, in a change from its earlier directive asking banks to remain open on the first day of the next fiscal beginning April.

Mental Healthcare Bill passed in Parliament

Parliament passed the Mental Healthcare Bill, 2016, which provides healthcare and services to the people with mental illness and also decriminalizes suicide.

India signs First Loan Agreement with New Development Bank

The Loan Agreement for New Development Bank (NDB) financing of US$ 350 Million for Development and Upgradation of Major District Roads Project in Madhya Pradesh was signed between Government of India and the New Development Bank (NDB).

Interest rates on small savings schemes cut by 0.1%

As per the government announcement the returns on small savings schemes, including Public Provident Fund (PPF), National Savings Certificate (NSC) and Kisan Vikas Patra, will be lowered by 0.1 percent for the April-June quarter.

NASA astronaut Peggy Whitson breaks Sunita Williams’ spacewalking record

American astronaut Peggy Whitson made history when she floated outside the International Space Station (ISS).

El Salvador becomes first country in the world to ban metals mining

El Salvador, Central America’s smallest nation, has become the first country in the world to ban metals mining nationwide.

President inaugurated 'Namami Brahmaputra' festival in Assam

The biggest river festival of India, Namami Brahmaputra, begins in 21 districts of Assam.

India's S V Sunil named player of the year for 2016 in Asian Hockey Awards

Indian forward player S V Sunil was named the Asian Hockey Federation (AHF) Player of the Year for 2016.

Sunaina Singh appointed as new Vice Chancellor of Nalanda University

Sunaina Singh has been appointed as the new Vice-Chancellor of Nalanda University. She was Vice Chancellor of Hyderabad-based EFL University.

NASA, ISRO jointly working on project NISAR

The Indian Space Research Organisation (ISRO) and Jet Propulsion Laboratory (JPL), National Aeronautics and Space Administration (NASA) are jointly working on the development of Dual Frequency (L and S band) Synthetic Aperture Radar Imaging Satellite named as NASA-ISRO Synthetic Aperture Radar (NISAR).

Thursday, 30 March 2017

Third meeting of G-20 framework working group held at Varanasi

The 3rd G-20 Framework Working Group (FWG) Meeting under the G-20 German Presidency was held in Varanasi on 28th and 29th of March, 2017.

Union Government launches Online Film Certification System

Information & Broadcasting Minister M Venkaiah Naidu launched the online film certification system, 'e-cinepramaan' with an aim to censor corruption and promote clean cinema.

India, Nepal renew fuel supply pact

India and Nepal have renewed the fuel supply agreement between Indian Oil Corporation Ltd (IOCL) and Nepal Oil Corporation (NOC) for another five years.

World Environmental Education Congress 2017

The 9th World Environmental Education Congress (WEEC) will be held in Vancouver, Canada between September 9-15 2017. The theme will be 'Weaving new connections'.

Chenani-Nashri Tunnel: The longest road tunnel in South Asia

In the Historic move, Prime Minister Shri Narendra Modi will formally open the longest road tunnel of South Asia- Chenani-Nashri Tunnel on 2nd April 2017.

Amazon makes entry in UAE by acquiring

Amazon, the USA based e-commerce giant made its entry in UAE by acquiring, the Middle East’s largest online retailer.

Govt signs deal for Hydrocarbon project in Neduvasal

The Government of India signed a contract for the Discovered Small Fields (DSF) Bid 2016 with GEM Laboratories for extracting Hydrocarbons at Neduvasal, in Tamil Nadu.

Kerala, Tripura and Arunachal joined UDAY

Kerala, Tripura and Arunachal Pradesh have joined the Centre’s power distribution company debt relief scheme, Ujjwal Discom Assurance Yojna (UDAY).

ALTBalaji ties up with MobiKwik

ALTBalaji, the digital platform of Balalji Telefilms Ltd, has announced a partnership with mobile wallet major MobiKwik.

Wednesday, 29 March 2017

AAI, DRDO and Govt. of Jharkhand Signed a Tripartite MoU

The Airports Authority of India (AAI), the Defense Research and Development Organisation (DRDO) and Government of Jharkhand signed an MoU for the development of the Deoghar Airport in Deoghar district of Jharkhand.

Sima Kamil becomes first woman to lead a major Pakistani bank

United Bank Limited (UBL), one of the Pakistan largest banks appointed Sima Kamil as the new president and chief executive officer (CEO) of the bank.

SBI launches 'Unnati' credit card

SBI Card launched a unique credit card ‘SBI Card Unnati’ targeted at all SBI customers, including Jan Dhan account-holders across the country.

Bhubaneswar to host men’s hockey World League Final 2017

The International Hockey Federation (FIH) confirmed Bhubaneswar as venue for two of its major events the Men’s Hockey World League Final in December 2017 and the men’s World Cup in 2018.

1st time India becomes Net Exporter of Electricity

As per Central Electricity Authority, the Designated Authority of Government of India for Cross Border Trade of Electricity, 1st time India has turned around from a net importer of electricity to Net Exporter of electricity.

Paytm, The first e-commerce company to become ASCI member

The country’s fast-growing e-commerce industry Paytm is all set to become a member of the self-regulatory voluntary organization Advertising Standards Council of India (ASCI) from April, 2017.

INLCU L51 commissioned into India Navy

Indian Navy inducts surveillance ship (INLCU) L51, the first of the eight ships of the Landing Craft Utility MK IV Class, was commissioned into the India Navy by Vice Admiral Bimal Varma AVSM, Commander-in-Chief of the Andaman & Nicobar command at a ceremony in Port Blair.

Karnataka Bank’s PoS installations reach 10,000-mark

The total tally of PoS (point-of-sale) installations of Karnataka Bank Ltd has reached 10,000. The bank has been offering PoS services since 2011.

IRDAI imposed penalty on ICICI Pru Life

The Insurance Regulatory and Development authority of India (IRDAI) has imposed a penalty of Rs 20 lakh on ICICI Prudential Life Insurance Company on various charges.

UN appoints David Beasley to head World Food Programme

United Nations Chief Antonio Guterres has appointed former South Carolina Governor David Beasley to head the Rome-based World Food Programme (WFP).

R Ashwin receives Sir Garfield Sobers trophy

India’s off-spinner Ravichandran Ashwin received Garfield Sobers Trophy for being named the ICC Cricketer of the Year as well as the ICC Test Cricketer of the Year in Dharamsala, Himachal Pradesh.

Tuesday, 28 March 2017

Truecaller partners with Google

Leading communication app Truecaller has tied up with Google to integrate the tech giant's video calling app Duo within the Truecaller app.

ICICI Bank partners with Truecaller

ICICI Bank announced a partnership with mobile app firm Truecaller for a new UPI-based mobile payment service.

Filmmaker Gurinder Chadha gets Sikh Jewel Award

Indian-origin British Director Gurinder Chadha has been honored with the Sikh Jewel Award for 2017 for her immense contribution to British cinema.

Indian-American Vanita Gupta appointed president of ‘Leadership Conference’

Indian-American Vanita Gupta has been appointed as president and CEO of ‘The Leadership Conference on Civil and Human Rights’, becoming the first woman to head the prestigious organization.

ESIC launched Mobile Clinic Services in AP and Telangana

The Employees' State Insurance Corporation (ESIC) launched Mobile Clinic Services for the states of Andhra Pradesh and Telangana.

Eminent Jurist TR Andhyarujina Passes Away

Senior Advocate and eminent jurist Tehmtan R. Andhyarujina passed away.

Vijaya Bank inks MoU with Piaggio Vehicles

Vijaya Bank entered into an MoU with Piaggio Vehicles for providing financial support for the purchase of vehicles under Small Road Transport Operators (SRTO) scheme in Bengaluru.

Syndicate Bank opens 40 ‘Ananya’ branches

Syndicate Bank digitally inaugurated 40 ‘Ananya’ transformed branches. Project Ananya is a two-year large-scale transformation project undertaken by the bank to provide customers with ‘best in class’ services while improving and modernizing the whole bank.

Odisha becomes first state to bring banking to remote rural areas through SHG

Odisha became the first state in the country to carry financial inclusion and extend banking services to unbanked areas through Self Help Groups (SHGs).

Union Petroleum Ministry launches MoPNG e Seva

Minister of State for Petroleum and Natural Gas, Shri Dharmendra Pradhan launched MoP&NG e-Seva.

KVB bags ‘best small bank’ award

Karur Vysya Bank (KVB) has been adjudged the ‘Best Small Bank for 2016’.

Bharat Dynamics, L&T sign up for torpedo export

Bharat Dynamics Ltd (BDL), a defence public sector undertaking, signed an MoU with Larsen & Toubro (L&T) for export of torpedoes.

Pawan Hans ties-up with HAL to train helicopter pilots

State-run Pawan Hans has joined hands with public sector chopper maker Hindustan Aeronautics Ltd (HAL) to train helicopter pilots.

Monday, 27 March 2017

Anupam Kher receives Kala Ratan Award from Vice President

Veteran actor Anupam Kher was honored with the Kala Ratan Award by Vice President Hamid Ansari at Punjab University, Chandigarh.

FIFA U-17 World Cup: Kolkata to host final

FIFA confirmed that the Salt Lake stadium in Kolkata will be the venue of the final of the FIFA Under 17 World Cup to be held later in 2017.

GIC to be first PSU general insurer to launch IPO

General Insurance Corporation (GIC Re) is likely to be the first PSU insurer to tap the capital market as the Finance Ministry has started scouting for merchant bankers to manage its Initial Public Offering (IPO), yet not officially released. 

HDFC Bank's Aditya Puri named in world's 30 Best CEOs list

American financial magazine Barron's has listed the name of HDFC Bank Managing Director Aditya Puri’s name in its list of world’s 30 best CEOs.

Environment Ministry official to chair animal welfare board

The government has notified that Animal Welfare Board of India (AWBI), a statutory advisory body under the Ministry of Environment, Forests and Climate Change (MoEF) will now be permanently chaired by a senior MoEF official.

BSF gets first woman combat officer after 51 years

Tanushree Pareek became the first woman combat officer to be commissioned in the 51-year history of the BSF, the country’s largest border guarding force.