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Daily Archives: September 27, 2023

World Rabies Day 2023

World Rabies Day 2023: Date, Theme, Significance & History

World Rabies Day, Uniting for a Rabies-Free World World Rabies Day (WDR), observed every September 28, serves as a global initiative to raise awareness about rabies, a deadly zoonotic disease that claims the lives of thousands of people each year. Established by the Global Alliance for Rabies Control (GARC) and recognized by the World Health …

RBI Approved Poonawalla Fincorp To Issue Credit Cards With IndusInd Bank

RBI Approved Poonawalla Fincorp To Issue Credit Cards With IndusInd Bank

  The Reserve Bank of India (RBI) has granted its approval for Poonawalla Fincorp’s collaboration with IndusInd Bank to issue a co-branded credit card. This initiative is expected to have a profound impact on the financial landscape in India. The Co-Branded Credit Card: A Game-Changer Poonawalla Fincorp Limited, under the dynamic leadership of Abhay Bhutada, …

REC With Punjab National Bank To Lend Up To ₹55,000 Crore To Power, Infra Projects

REC With Punjab National Bank To Lend Up To ₹55,000 Crore To Power, Infra Projects

  In a significant development for the Indian power and infrastructure sectors, state-run REC Ltd. has entered into a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to explore collaborative opportunities for funding projects in these sectors under a consortium arrangement. This partnership aims to co-finance loans amounting to a substantial ₹55,000 crore over …

World Maritime Day 2023: Date, Theme, History and Significance

World Maritime Day 2023: Date, Theme, History and Significance

World Maritime Day is celebrated on the last Thursday of every September, on September 28 this year, to honor the tireless work of the international maritime industry workers. The World Maritime Day 2023 takes place on 28 September 2023. The word ‘maritime’ comes from the Latin word ‘maritimus,’ which means ‘of the sea.’ The day …

RBI Cancels Licence Of The Kapol Co-operative Bank Over Inadequate Capital

RBI Cancels Licence Of The Kapol Co-operative Bank Over Inadequate Capital

  The Reserve Bank of India (RBI) has taken a significant step by cancelling the license of The Kapol Co-operative Bank Limited, a Mumbai-based cooperative bank. This decision was made primarily due to concerns regarding the bank’s inadequate capital and earning prospects, which raised questions about its ability to fulfill its commitments to depositors. The …

All-In-One Affordable Insurance Cover, Bima Vistaar, To Be Rolled Out Soon

All-In-One Affordable Insurance Cover, Bima Vistaar, To Be Rolled Out Soon

  Insurance has always been a vital aspect of financial security, offering individuals and families a safety net during unforeseen circumstances. Recognizing the importance of extending insurance coverage to every corner of India, the Insurance Regulatory and Development Authority of India (IRDAI) has introduced ‘Bima Vistaar’. This all-in-one insurance product, encompassing life, health, and property …

Infosys And Microsoft Collaborate For Adoption Of Generative Artificial Intelligence

Infosys And Microsoft Collaborate For Adoption Of Generative Artificial Intelligence

In a significant move towards revolutionizing the landscape of artificial intelligence (AI) applications, Infosys, one of India’s leading IT majors, has announced a strategic collaboration with tech giant Microsoft. The partnership aims to develop cutting-edge solutions harnessing the combined prowess of Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services. This collaborative effort seeks to …

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Asian Games 2023, India wins gold medal in women’s 25m pistol team event

In an impressive display of marksmanship, the Indian trio of Manu Bhaker, Esha Singh, and Rhythm Sangwan secured the gold medal in the women’s 25m pistol team event at the Asian Games held in Hangzhou, China. With a total score of 1759, Team India outshone the competition, narrowly edging out China for the top spot. …