Daily News

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NSE remains world's largest derivatives exchange for 2nd consecutive year in 2020.

According to Futures Industry Association,NSE was largest in terms of number of contracts traded. It was also fourth in the world in cash equities by number of trades by the World Federation of Exchanges (WFE) for calendar year 2020.

Did you Know

Vikram Limaye is MD & CEO of NSE

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Airtel Payments Bank introduces Safe Pay to curb online frauds

When customers transact through UPI or net-banking using Airtel Payments Bank,Airtel Safe Pay is an additional wall that will prevent online frauds. It is free of cost,offers protection against phishing,stolen credentials or passwords and phone cloning.

Did you Know

Airtel Payments Bank:
MD & CEO:Anubrata Biswas;
HQ:New Delhi.

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RBI imposes Rs 2 crore monetary penalty on Standard Chartered Bank

This pertains to directions contained in frauds classification and reporting rule by commercial banks.Penalty imposed under provisions of Section 47A(1)(c) read with Section 46 (4)(i) of the Banking Regulation Act for delays in reporting of frauds to RBI.

Did you Know

SCB India:
HQ: Mumbai;
CEO:Zarin Daruwala

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Karnataka CM Yediyurappa launches Avalokana software

This transparent e-governance tool will enable the government to access data on sanctions and expenditures incurred by 39 departments on 1,800 programmes implemented by them.Provides focused eye view on SDG,SC/ST sub-plan & Centrally Sponsored Schemes.

Did you Know

Vajubhai Vala is governor of Karnataka.

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Indian Army Signs MoU with Society of Indian Defence Manufacturers(SIDM) on Indigenisation and Innovation Partnership

MoU was signed on occasion of 25 years of Army-Industry Partnership with CII.MoU signed will provide further impetus to indigenisation under ‘Atmanirbhar Bharat’ and to achieve strategic independence by reducing dependence on foreign origin equipment.

Did you Know

SIDM formed to be the apex body of the Indian defence industry.

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Exercise Kavach: Training for Joint Operation in Andaman Sea to be conducted next week

It involves assets of Indian Army,Navy,Air Force & Coast Guard.It is conducted under aegis of Andaman & Nicobar Command.Aims to fine tune joint war-fighting capabilities.Joint Intelligence Surveillance & Reconnaissance exercise will be conducted as well.

Did you Know

Andaman & Nicobar Command: only Joint Forces Command in India.

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Former Arunachal Governor Mata Prasad passes away at 95

Prasad served as minister in the N D Tiwari- led Congress government in Uttar Pradesh in 1988-89 and was appointed as Governor of Arunachal Pradesh in 1993.He was MLA from Shahganj (reserved) seat for five terms (1957-1974).

Did you Know

Arunachal Pradesh:
CM: Pema Khandu;
Governor: B. D. Mishra

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Railways renames 12311/12312 Howrah-Kalka Mail as 'Netaji Express' ahead of Netaji's 125th birth anniversary.

Indian Railways renamed one of its oldest trains,Howrah-Kalka Mail(started in 19th century),as ‘Netaji Express’ ahead of Jan 23 birth anniversary.It is said that Bose took this train from Gomoh in Bihar after he escaped from his house in Kolkata in 1941.

Did you Know

Center had announced Jan 23 will be celebrated as Parakram Diwas

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Andhra Pradesh CM Jagan Mohan Reddy launches Mobile Dispensing Units for door delivery of ration supplies

As many as 9,260 vehicles will supply ration, including quality rice,at the door steps of ration cardholders providing relief from long queues.Scheme will employ 9,260 unemployed youth & govt spent Rs 539 crore to procure the vehicles.

Did you Know

Biswabhusan Harichandan is the governor of Andhra Pradesh.

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M/o Tribal Affairs and Goa Government jointly launch Shramshakti portal for migrant workers

This National Migration Support Portal and Shram-Saathi,a training manual for migrant workers launched will effectively help in the smooth formulation of State and National level programs for migrant workers. A dedicated migration cell also launched.

Did you Know

Approximately 4 lacs migrants come from different States to Goa.

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PM Modi releases ₹2,691 crore for over 6 lakh PMAY-G beneficiaries in UP

Under PMAY-G launched in 2016, each beneficiary is given 100% grant of ₹1.20 lakh in plain areas, ₹1.30 lakh in hilly states, North Eastern States, difficult areas, Jammu & Kashmir and Ladakh, among others.Unskilled labour wages under MGNREGS also given.

Did you Know

Union Rural Development Minister Narendra Singh Tomar

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3 day Ports Review Meeting named Chintan Baithak held at Kutch to boost India's Maritime sector

Chairpersons of all Major Ports of India and Senior Officials of the ministry will participate.It includes sessions on exploring new vistas of urban transportation,effective implementation of SAROD-Ports, issues related to International Arbitrations etc.

Did you Know

Minister of Ports, Shipping and Waterways Mansukh Mandaviya.

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L&T construction arm bags orders worth up to Rs 5,000 crore in Bangladesh

The power transmission and distribution business of Larsen & Toubro has won a slew of transmission line orders in Bangladesh.It involves design, supply, installation, testing and commissioning of extra high voltage transmission lines on turnkey basis.

Did you Know

S N Subrahmanyan is the CEO & MD of Larsen & Toubro

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SEBI approves Reliance-Future deal, BSE grants 'no-adverse-observation' status

As part of Rs 24,713 crore deal,retail and wholesale undertaking of Future Group will be transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL),a wholly-owned subsidiary of Reliance Retail Ventures Ltd.SEBI has approved with some riders.

Did you Know

Future Group CEO Kishore Biyani

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J&K Skill Development Department inks MoU with IIT Jammu to enhance skill, employability with exposure to latest technologies.

Purpose of this MoU is revamping & rejuvenation of polytechnic & ITI sector in collaboration with IIT Jammu by introducing new area specific training skills keeping in view demand of skills in forthcoming projects like tunnels,railways,power projects etc

Did you Know

J & K Lieutenant Governor is Manoj Sinha

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Union Minister Piyush Goyal addresses 1st National Conference of States on Logistics

Minister said Logistics is all about 5R's:Getting the Right product - In the Right condition - At the Right place - At the Right time - To the Right customer. Also said National Logistics Policy, under consultation, will enhance the Ease of Doing Business

Did you Know

India has $200 billion logistics ecosystem

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Hindustan Aeronautics Limited successfully test fired Smart Anti Airfield Weapon (SAAW) from its Hawk-i aircraft.

This indigenous stand-off weapon is the first smart weapon fired from an Indian Hawk-Mk132.It was test fired off of Odisha coast.Hawk-i platform is being extensively used for certification of systems and weapons developed indigenously by DRDO and CSIR labs

Did you Know

SAAW developed by DRDO's Research Centre Imarat(RCI)

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Federal Bank's Shyam Srinivasan is Business Standard Banker of the Year for 2019-20

The unanimous decision was taken by a high-profile jury of five, chaired by former RBI deputy governor S S Mundra.He was chosen for his bank’s consistent healthy performance at a time when most of its peers witnessed losses or other issues.

Did you Know

Business Standard is one of India's largest English dailies.

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7th Edition of "MASCRADE 2021"- Movement against Smuggled & Counterfeit Trade organised by FICCI Cascade.

Vardhan who inaugurated it said "vocal for local" will be a potent tool in India's fight against illicit trade & noted aim of MASCRADE '21 is to fosterhealthy discussion on newer & practical strategies to mitigate challenges especially in a post-COVID era.

Did you Know

Union Health Minister: Harsh Vardhan

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Nagpur’s Gorewada Zoo renamed as Balasaheb Thackeray Zoological Park ahead of inauguration.

Maharashtra government renamed it.Aiming to protect forests and promote tourism MoEFCC had announced setting up of this 1900 hectares ‘international-standard’ bio park in August 2019.Park will offer different kinds of safaris and will have a rescue centre

Did you Know

The park is situated near the Gorewada lake

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CCI approves e-commerce giant Flipkart's acquisition of 7.8 percent stake in Aditya Birla Fashion and Retail.

Flipkart Investments Private Limited (FIPL), to acquire a minority stake of 7.8 percent worth Rs.1500 crore in the Birla Group-linked entity.FIPL is a wholly-owned subsidiary of Flipkart Private Limited (FPL), and FPL belongs to Walmart Group.

Did you Know

Flipkart CEO is Kalyan Krishnamurthy.