Current Affairs October 2021

Former US President Trump plans to launch his own social media platform

Former US President Trump plans to launch his own social media platform

Former U.S. President Donald Trump will launch his own social media app, TRUTH Social, that he said would “stand up to Big Tech” companies such as Twitter and Facebook that have barred him from their platforms. The long-awaited platform will be owned by Trump Media & Technology Group (TMTG), which also intends to launch a subscription video-on-demand service that […]

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RBI imposes ₹1 crore penalty on Paytm Payments Bank

RBI imposes ₹1 crore penalty on Paytm Payments Bank

The Reserve Bank of India has imposed a penalty of 1 crore on Paytm Payments Bank for violating provisions of Payment and Settlement Systems Act 2007 and ₹27.78 lakh on Western Union Financial Services for non-compliance with certain directions. The central bank noted that Paytm payments bank’s application seeking the issue of the final certificate of authorization did not reflect its factual

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Drone developer FIXAR ties up with Paras Aerospace to enter the Indian market

Drone developer FIXAR ties up with Paras Aerospace to enter the Indian market

On 19 October 2021; European commercial drone and software developer FIXAR announced its tie-up with Paras Aerospace, a subsidiary of Paras Defence. This partnership between the two has emerged for the initiation of the Drone (UAV) market in India. As a first step towards this partnership, the company will launch its flagship fixed-wing drone FIXAR007

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Rupifi partners with Muthoot Finance to provide instant credit to SMEs

Rupifi partners with Muthoot Finance to provide instant credit to SMEs

SME lender and fintech Rupifi has partnered with non-banking financial company Muthoot Finance aims to power 15 million small and medium-sized enterprises with access to instant credit in the next few years. The companies started this partnership earlier this year and are now looking to scale this across different industry verticals in the country. Launched in January 2020, Rupifi allows SMEs to flexibly

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Imtiaz Ali appointed as ambassador of Russian Film Festival in India

Imtiaz Ali appointed as ambassador of Russian Film Festival in India

The renowned film director, producer, and writer, Imtiaz Ali was appointed as the ambassador of the Russian Film Festival in India. The first-ever online Russian Film Festival in India is organized by ROSKINO, a Russian film promotion body, from October 16 to November 27, 2021. As part of the festival, ten notable Russian films of various genres will be premiered

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Jailed Russian Opposition leader Alexei Navalny wins EU’s Sakharov Prize

Jailed Russian Opposition leader Alexei Navalny wins EU’s Sakharov Prize

Imprisoned Russian opposition leader Alexei Navalny has been awarded the European Union’s highest award for human rights-Sakharov Prize for Freedom of Thought. It European Union’s top human rights prize. In awarding the Sakharov Prize to Mr. Navalny, the European Parliament praised his “immense personal bravery.” The 45-year-old activist was poisoned with a nerve agent last year and promptly arrested

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World-acclaimed Kung Fu Nuns win UNESCO’s Martial Arts Education Prize 2021

World-acclaimed Kung Fu Nuns win UNESCO’s Martial Arts Education Prize 2021

The world-renowned Kung Fu Nuns of the Drukpa order of Buddhism have won the prestigious Martial Arts Education Prize 2021 from the UNESCO International Centre for Martial Arts for their brave acts of service. The prize recognizes the Kung Fu Nuns’ heroic acts of service and championing gender equality across the Himalayas. The Nuns empower

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