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HSBC launches ‘Omni Collect’, one-stop solution for multiple payment options

HSBC
  • HSBC India introduced Omni Collect, a one-stop solution to provide multiple payment options on a single platform.

Axis Bank introduces ‘Liberty Savings Account’ for Indian youth

Axis Bank
  • Axis Bank has launched a new savings account called the Axis Liberty Savings Account, aimed at millennial customers.
  • It offers customers the option of maintaining a minimum balance of ₹25,000 per month or spending the same amount every month using the bank’s debit card.

Haryana Government inks MoU with M3M Foundation

Manohar Lal
  • The Haryana employment department signed an MoU with M3M Foundation to facilitate students’ online preparation for government jobs.

Jeff Bezos becomes the first person to hit a net worth of $200 billion

Jeff Bezos
  • Amazon’s CEO Jeff Bezos is now the world’s richest man worth $204.6 billion. He is $90 billion richer than Bill Gates, the world’s second-richest person.

Gujarat tops in first-ever Export Preparedness index 2020 released by NITI Ayog

Export Preparedness index 2020
  • Gujarat has been ranked first in the first-ever Export Preparedness index 2020 released by NITI Ayog.
  • The report says, overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.

Centre approves 78 new routes under 4th round of Regional Connectivity Scheme

Ministry of Civil Aviation
  • The Civil Aviation Ministry approved the 78 new routes under the 4th round of Ude Desh Ka Aam Nagrik (UDAN). It is a Regional Connectivity Scheme that aims at further enhancing the connectivity to the regional and remote areas of the country.

Govt launches national GIS-enabled land bank system

Piyush Goyal
  • The Commerce and Industry Minister, Piyush Goyal on August 27, 2020 e-launched the national GIS-enabled land bank system. It will help investors in getting real-time information about the availability of industrial land and resources.

Ministry of Culture announces 7 new circles of ASI

Ministry of Culture
  • The Union Minister of State for Culture and Tourism (IC), Shri Prahlad Singh Patel has announced 7 new circles of Archaeological Survey of India. These new circles have been formed in Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Karnataka, West Bengal and Gujarat. Along with the 7 new circles, the minister also added that the Hampi Mini Circle in Karnataka has been converted into a full-fledged circle.

Pradhan Mantri Jan Dhan Yojana completes 6 years

Money
  • The Pradhan Mantri Jan Dhan Yojana completed six years on August 28, 2020.
  • The key features of the scheme included the opening of basic saving bank deposit accounts with relaxed KYC, zero balance and zero charges and the issuance of debit cards with free accident insurance coverage of Rs 2 lakh and micro-insurance and overdraft for consumption, micro-pension and micro-credit facilities.

NDC-TIA launched by NITI Aayog to transport, energy, and climate stakeholders

NITI Aayog
  • NITI Aayog virtually launched the India Component of the Nationally Determined Contributions (NDC)–Transport Initiative for Asia (TIA) to focus on electric mobility, which would require coupling of transport and energy sectors.

Japanese PM Shinzo Abe resigns due to worsening health

Shinzo Abe
  • Japanese Prime Minister Shinzo Abe has stepped down from his position due to his worsening health condition. The long-serving Prime Minister of Japan did not name a successor.

HDFC Bank partnered with Adobe

HDFC Adobe
  • HDFC Bank has partnered with Adobe to enhance the Digital Experiences of its Customers. The partnership is powered by Adobe Experience Cloud Solutions and will help HDFC Bank to deliver personalised digital experiences to customers.

IIT Alumni Council signs MOU with Russia for building Quantum Computers

IIT Alumni Council
  • Indian Institute of Technology’s (IIT) Alumni Council has signed an agreement with Russia’s Lomonosov Moscow State University (MSU) and Russoft to build the world’s largest and fastest hybrid quantum computer in India.

NeGD, CSC E-Governance Services India Limited sign MoU to make UMANG app

Umang App
  • The National e-Governance Division (NeGD), Ministry of Electronics & IT (MeitY) has signed an MOU with Common Service Center (CSC) e-Governance Services India Limited to facilitate delivery of Unified Mobile Application for New-age Governance (UMANG) services at CSCs, in an assisted mode.

Piyush Goyal attends virtual ASEAN-India Business Council meet

Piyush Goyal
  • The Commerce and Industry Minister Piyush Goyal on August 27, 2020, attended the virtual meeting of ASEAN-India Business Council Meet. India extends a hand of friendship to ASEAN countries through businesses for driving mutual success.

A book released on National Security by the Army chief

Army chief
  • Indian Army Chief, General Manoj Mukund Naravane has released a book titled “National Security Challenges: Young Scholars’ Perspective” penned by university students.
  • The book published by the Army think-tank Centre for Land Warfare Studies (CLAWS).

Bryan brothers announce retirement from the sport

Bryan brothers
  • Mike Bryan and Bob Bryan have announced their retirement from the sport.
  • As the most accomplished team in doubles history, the Bryan brothers captured a record 119 trophies, including all four Grand Slams, all nine ATP Masters and Olympic gold medals, reports Xinhua news agency.

Arnold Meyer Spielberg, a pioneered computer designer passes away

Arnold Meyer Spielberg
  • Arnold Meyer Spielberg, a pioneered computer designer & an innovative engineer passed away at the age of 103.

29th August observed as National Sports Day

National Sports Day
  • To mark the birth anniversary of hockey legend Major Dhyan Chand, every year 29th August is observed as National Sports Day. Major Dhyan Chand Singh won Olympics gold medals for India in the years 1928, 1932 and 1936.

Start-up contest “CHUNAUTI”

CHUNAUTI
  • Union Minister for Electronics and Information Technology Ravi Shankar Prasad recently launched a Startup Challenge Contest “Chunauti” to promote startups indulged in software products. A total budget of Rs 95.03 Crore over a period of three years has been earmarked for this programme.