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Piyush Goyal attends virtual ASEAN-India Business Council meet

August 28, 2020
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.

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

August 28, 2020
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.

IIT Alumni Council signs MOU with Russia for building Quantum Computers

August 28, 2020
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.

HDFC Bank partnered with Adobe

August 28, 2020
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.

Japanese PM Shinzo Abe resigns due to worsening health

August 28, 2020
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.

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

August 28, 2020
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.

Pradhan Mantri Jan Dhan Yojana completes 6 years

August 28, 2020
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.

Ministry of Culture announces 7 new circles of ASI

August 28, 2020
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.

Govt launches national GIS-enabled land bank system

August 28, 2020
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.

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

August 28, 2020
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.

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

August 27, 2020
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.

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

August 27, 2020
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.

Haryana Government inks MoU with M3M Foundation

August 27, 2020
Manohar Lal
  • The Haryana employment department signed an MoU with M3M Foundation to facilitate students’ online preparation for government jobs.

Axis Bank introduces ‘Liberty Savings Account’ for Indian youth

August 27, 2020
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.

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

August 27, 2020
HSBC
  • HSBC India introduced Omni Collect, a one-stop solution to provide multiple payment options on a single platform.

World Health Organization declares Africa free of polio

August 27, 2020
Africa free of polio
  • The World Health Organization has declared Africa free of polio, a landmark in a decades-long campaign to eradicate the notorious disease around the world.

India, Bangladesh to open new trade connectivity route on September 3

August 27, 2020
India, Bangladesh
  • With an aim to promote regional connectivity by expanding the scope of inland water transport mechanisms that will enable trade boost, India and Bangladesh have decided to open a new trade route from September 3, 2020.

TN women top the list of MUDRA loan scheme beneficiaries

August 27, 2020
MUDRA loan scheme
  • Over 15 crore loans amounting to ₹4.78-lakh-crore have been disbursed to women borrowers since the inception of the Pradhan Mantri Mudra Yojana (PMMY) with Tamil Nadu topping the list in availing the loan followed by women in West Bengal and Karnataka.

E-auction portal launched to promote trading of GI-tagged ‘Kashmir Saffron’

August 27, 2020
Kashmir Saffron
  • Jammu and Kashmir’s agriculture department has created an e-auction portal to promote trading of GI-tagged ‘Kashmir Saffron’.

Government to sell up to 15 percent stake in HAL

August 27, 2020
HAL
  • The central government has decided to sell up to 15 percent stake in Hindustan Aeronautics Limited (HAL) through an offer for sale. The offer price will be at a 15 percent discount to the closing price on August 26 – Rs 1,177.75.

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