August 2022

Cabinet approves India-Australia pact to promote co-production of films

Cabinet approves India-Australia pact to promote co-production of films

The Union Cabinet has approved the signing of an audio-visual (AV) co-production treaty between India and Australia to promote co-production of films. Under this umbrella agreements, private, quasi-government or governmental agencies enter contracts to produce films together. So far, India has has signed 15 audio visual co-production treaties with foreign countries. Australia has emerged as a preferred destination for shooting […]

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Manisha Kalyan, Sunil Chhetri named AIFF Footballers of the Year 2021-22

Manisha Kalyan, Sunil Chhetri named AIFF Footballers of the Year 2021-22

National captain Sunil Chhetri has been named the AIFF Men’s Footballer of the Year for the seventh time, while Manisha Kalyan named the AIFF women’s footballer for the 2021-22 season. Chhetri and Kalyan were nominated as the winners by their respective national team coaches Igor Stimac and Thomas Dennerby. He is the third highest goal scorer among active international players. Emerging Footballer of

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IDFC FIRST Bank joins hands with LetsVenture to support startups

IDFC FIRST Bank joins hands with LetsVenture to support startups

IDFC FIRST Bank and LetsVenture have partnered to support the startup ecosystem by providing curated products and solutions to startups (founders and investors). IDFC FIRST Bank provides customised solutions to start-ups under its FIRST WINGS programme. With this, it makes IDFC FIRST Bank a preferred banker to all startups on LetsVenture’s Scalix. LetsVenture’s Scalix is a newly launched platform that

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Russia successfully launches Iran's satellite into orbit

Russia successfully launches Iran’s satellite into orbit

A Russian rocket has successfully launched an Iranian satellite named Khayyam, into orbit by the Soyuz rocket from the Russia-leased Baikonur launch facility in Kazakhstan. The name of satellite was named after Omar Khayyam, a Persian scientist who lived in the 11th and 12th centuries. The satellite fitted with high-resolution camera will be used for environmental monitoring and will remain fully under its control.

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YES Bank ties up with IBSFINtech to provide digital services

YES Bank ties up with IBSFINtech to provide digital services

YES Bank has joined hands with IBSFINtech (TreasuryTech Solution provider) to explore digital services for corporate clients. This partnership will strengthen the corporate treasury ecosystem with a strong decision-making tool and automated workflows. It will provide connectivity between a corporate’s ERP (Enterprise resource planning) and a bank’s solutions. YES Bank MD & CEO: Prashant Kumar;  Headquarters: Mumbai

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RBI issues Digital lending norms to curb malpractices

RBI cancels licence of Rupee Co-operative Bank, Pune

RBI has cancelled the licence of Rupee Co-operative Bank Ltd, Pune, will be effective after six weeks (September 22, 2022). Reason: The bank is unable to pay its present depositors in full (capital inadequacy). It does not comply with the provisions of Section 11(1) and Section 22 (3) (d) with Section 56 of the Banking Regulation Act, 1949. The bank has also prohibited from

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upsc

Recent Momentum: The Visits of Prime Minsters to Israel – UPSC Daily Important Topic | 12 August 2022

Recent Momentum: The Visits of Prime Minsters to Israel ✓P.M. visited Israel in July 2017, marking 25 years of exchange of emabssies. ✓A Memorandum of Understanding was signed for establishing the India-Israel Industrial R&D and Innovation Fund (I4F) by the Department of Science and Technology, India andthe National Authority for Technological Innovation, Israel with a

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