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.
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.
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.
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.
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.
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.
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 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 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.
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.
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.
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.
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).
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.
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.
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.