Signing of Agreement - Gkseries.com

Nepal, India, and Bangladesh Sign Historic Electricity Trade Agreement

Nepal, India, and Bangladesh have recently entered into a significant tripartite agreement aimed at facilitating cross-border electricity trade, marking a notable step in regional energy cooperation. This agreement allows Nepal to export its surplus electricity to Bangladesh via India during the rainy season, specifically from June 15 to November 15 each year. In the initial […]

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Royal Enfield partners with UNESCO to promote cultural heritage of India

Royal Enfield and UNESCO (the United Nations Educational, Scientific and Cultural Organisation) have been partnered to promote and safeguard the ‘Intangible Cultural Heritage’ of India. UNESCO has been running a movement to identify, document and preserve the Intangible Cultural Heritage of India. India is one of the 178 countries, who had adopted the 2003 UNESCO Convention for

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IREDA signs with MAHAPREIT for green energy projects

Indian Renewable Energy Development Agency (IREDA) has signed an agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) to provide loans for green energy projects. IREDA will provide financial facilities and techno-financial consultancy to MAHAPREIT for renewable energy. MAHAPREIT is a wholly owned subsidiary of MPBCDC (49% of Govt. of India and 51% of Govt. of Maharashtra). IREDA

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ADB to provide $96.3 million loan to Himachal Pradesh

India has signed USD 96.3 million (Rs 769 crore) loan agreement with the Asian Development Bank (ADB) for safe drinking water and improve water supply and sanitation services in Himachal Pradesh. This agreement was signed between the multilateral lending agency and the central government. The project will buildup the capacity of the Jal Shakti Vibhag of the Government of Himachal

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Flipkart signs pact with IIMR to groom FPOs, SHGs

Flipkart has signed an agreement with the Indian Institute of Millets Research (IIMR) to give Farmer Producer Organizations (FPOs) and Self-Help Groups (SHGs) access to markets. As part of the partnership, Flipkart aims to empower local farming communities and SHGs by providing a pan-India market access to more than 400 million customers. ICAR-IIMR will extend support with infrastructure and necessary approvals to

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Paytm tie-up with Samsung stores to deploy smart PoS devices

Digital financial services firm Paytm on Tuesday said it partnered with Samsung stores across India to facilitate smart payments as well as its loan service Paytm Postpaid through deployment of point of sale devices. The partnership will enable consumers purchasing Samsung devices — laptops, smartphones, television, smart watches etc — from any authorised store in

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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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World Bank provide USD 300 million to Bangladesh for urban area resilience

The government of Bangladesh has signed an agreement with the World Bank for USD 300 million financing. Aim: To strengthen its local urban institutions to respond and recover from the Covid 19 pandemic and improve preparedness for future shock. It will also help cities and towns of Bangladesh to build back better as they recover from the pandemic and

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Ministry of Defence iDEX-DIO signs its 100th innovation contract

iDEX (Innovations for Defence Excellence) has signed its 100th contract with Pacify Medical Technologies Pvt Ltd in New Delhi. It was launched in 2018 by the PM Narendra Modi, and promoted as the flagship for technological innovation of the Ministry of Defence. Purpose of iDEX: To encourage start-ups and provide them a platform for co-creation and co-development in defence and aerospace

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City Union Bank, Aditya Birla Health signs bancassurance pact

City Union Bank and Aditya Birla Health Insurance Co Ltd (ABHICL), have signed a bancassurance partnership for the distribution of health insurance products through the former’s network of branches across the country. CUB has already signed bancassurance pacts with Star Health and Alliance Insurance, and Care Health (formerly known as Religare Health Insurance Co). The CUB has also signed bancassurance

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