Current Affairs June 2022

CARD91 announces strategic partnership with YES BANK and RuPay

CARD91 has joined hands with YES BANK and RuPay, to create a card management system that will allow companies to launch a variety of co-branded card instruments. This will enable CARD91 to expand its presence in the Indian payments market. CARD91 is a global payment infrastructure powering B2B payments. It was designed to help businesses launch co-branded cards and simplify payments. […]

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Max Life launches life insurance savings plan with Policybazaar

Max Life Insurance Company Ltd has launched the ‘Max Life Smart Fixed-return Digital Plan’ with Policybazaar. It is a non-linked, non-participating, individual life insurance savings plan. This plan helps customers to meet their short-term financial goals. The plan also offers guaranteed tax-free returns up to 6.14%. Monthly premiums: ₹3000 Minimum tenure: five years The plan is also available to purchase on

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Freo, Equitas Small Finance Bank offer savings account

Freo has launched a digital savings account offering ‘Freo Save’ in association with Equitas Small Finance Bank. With this launch, Freo has become the first consumer neobank in the country to provide full-stack neo-banking products. It includes smart savings account, credit and payments products, cards and wealth-growth products. The digital savings account has been integrated with Equitas’ infrastructure on the

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Dr D J Pandian appointed to lead NDB’s India Regional Office in Gift City

Shanghai-headquartered New Development Bank (NDB) of the BRICS countries has appointed former bureaucrat Dr D J Pandian as the Director-General of its India Regional Office in Gujarat International Finance Tec-City (GIFT City), the bank announced on Tuesday. Pandian earlier served as the Vice President and Chief Investment Officer of the Beijing-based Asia Infrastructure Investment Bank (AIIB) in

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Ookla Speedtest Global Index: India ranked 115th

The Speedtest Global Index released by network intelligence and connectivity insights provider Ookla showed that India recorded 14.28 Mbps median mobile download speeds in the month of May, slightly better than 14.19 Mbps in April. With this, the country is now three notches up in its global ranking and is at 115th position. India also improved its global ranking for overall fixed

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‘Vivatech 2020’ Conference: India recognized as ‘country of the year’

Vivatech 2020, Europe’s biggest start-up conference has recognized India as the “country of the year.” It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the global contribution of Indian start-ups. This is how Indian start-ups are recognised, said, Mr. Ashwini Vaishnaw, Minister of Railways, Communications, Electronics

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Jammu and Kashmir to host G-20 meetings in 2023

In a significant development, Jammu and Kashmir will be hosting the 2023 meetings of G-20, an influential grouping that brings together the world’s major economies, with the Union Territory government Thursday setting up a five-member high level committee for overall coordination. Commerce and Industry Minister Piyush Goyal was appointed as India’s Sherpa for the G20 in September 2021. According

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Assam becomes the 36th State/UT to implement One Nation One Ration Card

Assam has operationalised the Centre’s ‘One Nation, One Ration Card’ programme, with this, it is implemented across the country. Beneficiaries can get their quota of subsidised foodgrains from any electronic point of sale device (ePoS)-enabled fair price shops. Beneficiaries can use their existing ration cards with biometric authentication. The implementation of ONORC was initiated in August 2019. The government

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Sri Lanka revises Minimum Age for Migrant Domestic Workers

Sri Lanka has decided to amend the Minimum Age for Migrant Domestic Workers to 21 years. A document from the Department of Government Information said that the Cabinet of Ministers granted permission to revise the said age limit, after considering the recommendations of the Cabinet-appointed Sub-Committee. For Saudi Arabia the minimum age is 25 years,

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Rumeli Dhar retires from all forms of international cricket

India pace allrounder Rumeli Dhar on Wednesday announced her retirement from all formats of the game, ending a career where she starred with crucial match-winning contributions for the national side, including being their captain, for 15 years since her debut against England in 2003. . Dhar played her last international match in the tri-nation women’s

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