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Daily Archives: November 16, 2022

November 16, 2022 -_4.1

Bharat Electronics, DMRC Inks MoU to Jointly Develop i-CBTC

Bharat Electronics signed a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC) for jointly developing the Indigenous Communication-based Train Control System (i-CBTC), an important milestone in India’s journey towards self-reliance in Rail and Metro operations. Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks Importance Of CBTC: i-CBTC, being indigenously …

November 16, 2022 -_6.1

Bihar Govt Signed Agreement with ICCR to Showcase Its Soft Power to World

The Bihar government will sign an MoU with the Indian Council of Cultural Relations (ICCR) to help artists from the state, handicrafts and several other ethnic arts to get international exposure. Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks More About The Agreement: The Art and Culture Department of the state government will …

November 16, 2022 -_7.1

9 Vostro Accounts Opened to Facilitate Overseas Trade in Rupee

After getting a nod from the Reserve Bank of India (RBI), nine special vostro accounts have been opened in order to facilitate foreign trade in the rupee. Buy Prime Test Series for all Banking, SSC, Insurance & other exams More About The Development: Sberbank and VTB Bank — the largest and second-largest banks of Russia, respectively — …

November 16, 2022 -_10.1

Power System Operation Corporation Limited is now renamed as Controller of India Limited

India’s national grid operator ‘Power System Operation Corporation Ltd (POSOCO)’ has announced that it has changed its name to ‘Grid Controller of India Ltd’. The name has been changed to reflect the critical role of grid operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid. The change in name …

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GoI nominates Vivek Joshi as Director on RBI’s central board

The Reserve Bank of India (RBI) has announced that the government has nominated Vivek Joshi to its director on central board. Joshi who is the secretary of the Department of Financial Services, will hold the position of Director at RBI. The nomination has come into effect from November 15, 2022, until further orders. The central …