Home   »  

Daily Archives: September 24, 2022

September 24, 2022 -_3.1

VP Jagdeep Dhankhar inaugurated Lok Manthan programme

Vice President of India, Jagdeep Dhankhar will inaugurate the third edition of the Lok Manthan program at the Srimanta Sankardeva Kalakshetra in Guwahati. The event will be facilitated by the Chief Minister of Assam Himanta Biswa Sharma. This year’s theme for the Lok Manthan is Lokparampara (Lok Traditions) which will emphasize that the Lok Traditions …

September 24, 2022 -_4.1

Nirmala Sitharaman to launch e-learning platform Bharat Vidya

Union Finance Minister Nirmala Sitaraman will launch the Bharat Vidya, which is an online learning platform for Oriental and South Asian Studies. The Bharat Vidya is designed and developed by the Bhandarkar Oriental Research Institute (BORI). Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks Bharat Vidya is a first-of-its-kind online platform, …

September 24, 2022 -_5.1

TerraPay partnered with NPCI to enable cross-border transactions via UP

TerraPay, a Dutch payments infrastructure company has joined forces with India’s NPCI International Payments (NIPL) to facilitate cross-border transactions for Indian consumers and merchants. Indian consumers and merchants who have an active Unified Payments Interface Id (UPI Id) will be able to transfer money abroad. This service will utilize TerraPay’s infrastructure and the UPI network. …

September 24, 2022 -_6.1

UCO Bank becomes first lender to get RBI’s approval for rupee trade

UCO Bank has received the approval of the Reserve Bank of India to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees. UCO Bank which is a Kolkata-based lender is the first bank to receive the regulator’s approval following the decision of RBI to allow Indian Banks to …

September 24, 2022 -_7.1

RBI canceled licence of Maharashtra-based Laxmi Cooperative Bank

Reserve Bank of India has canceled the license of Solapur-based The Laxmi Co-operative Bank Limited as the lender does not have adequate capital and earning prospects. The Laxmi Co-operative Bank Limited submitted the data, which shows more than 99 percent of the depositors are entitled to receive the full amount of their deposits from Deposit …

September 24, 2022 -_9.1

ICC announced “Oval and Lord’s” to host World Test Championship finals

The International Cricket Council has announced that the World Test Championship 2023 Final will be hosted by The Oval in June 2023 while the 2025 final will be played at Lord’s. The two venues in London will succeed Southampton, which hosted the inaugural final between New Zealand and India in 2021. New Zealand emerged as …

September 24, 2022 -_11.1

ESSCI partnered with Samsung India to train Indian youth

The Electronics Sector Skill Council of India (ESSCI) signed a memorandum of understanding (MoU) with Samsung India to empower the youth with industry-relevant skills. It will be a part of the government’s ‘Skill India’ initiative that aims to empower the youth with industry-relevant skills in emerging technologies such as Artificial Intelligence, the Internet of Things, …

September 24, 2022 -_12.1

REC Ltd becomes 12th company to gets ‘Maharatna’ company status

Power sector-focussed non-banking finance company (NBFC) REC Ltd. has been accorded the status of a ‘Maharatna’ Central Public Sector Enterprise, thus providing it with greater operational and financial autonomy. The granting of ‘Maharatna’ status will impart enhanced powers to the company’s board while taking financial decisions. REC Ltd. is the 12th company to be given …