Jana Small Finance Bank announced on that it has got the status of a Scheduled Bank from RBI. The Bengaluru-headquartered bank, established as a financial services company in 2009, said it presently operates 260 branches and 338 asset centres serving over 5.5 million customers in different states.
The Indian Institute of Technology Madras partnered with National Institute of Ocean Technology to harness electricity from ocean waves. Both institutions will together develop turbines that can harness the power of ocean waves to generate electricity. The research is being headed at IIT Madras. The partnership is aimed at meeting renewable energy and climate change objectives of the government of India.
The 77th anniversary of the August Kranti Din, which is considered as one of the important milestones in the history of freedom struggle of our country, is being observed on 8th august. On this date in 1942, Mahatma Gandhi gave a clarion call to end the British rule and launched the Quit India Movement at the session of the All-India Congress Committee in Mumbai.
The YSR Congress Party government in Andhra Pradesh will host its first international trade and investment meeting on August 9. Officials said that a diplomatic outreach event would be held here and delegates from over 35 countries including Korea, the UK, the US, Japan and Australia are expected to attend. The programme is aimed at exploring opportunities for collaboration in core areas like pharma, automobile, steel, textiles food processing, electronics etc.
Former President Pranab Mukherjee, Assamese singer-composer Bhupen Hazarika and social activist Nanaji Deshmukh was awarded the country’s highest civilian award, Bharat Ratna, by President Ram Nath Kovind. Bhupen Hazarika and Nanaji Deshmukh will be honoured posthumously. The announcement for Bharat Ratna was made on January 25 in a statement issued by the Rashtrapati Bhavan
Andhra Pradesh government as part of its initiative to boost Micro, Small and Medium Enterprises (MSME) launched “YSR Navodayam”. A Cabinet meeting chaired by Chief Minister YS Jagan Mohan Reddy approved this scheme to benefit MSMEs,which were facing financial crisis since three years
Asian Development Bank (ADB) said it has approved a USD 200 million loan for improving road infrastructure in 34 districts of Maharashtra to better connect rural areas with markets and services. Roads in rural areas would be upgraded to all-weather standards which will boost links between local residents and economic centres across the state, the ADB said
The Samjhauta Express commonly called the Friendship Express, is a bi-weekly train—Thursday and Monday—that runs between Delhi and Attari in India and Lahore in Pakistan. The word Samjhauta means “agreement”, “accord” and “compromise” in both Hindi and Urdu. Until the reopening of the Thar Express, this was the only rail connection between the two countries. The train was started on 22 July 1976 following the Shimla Agreement and ran between Amritsar and Lahore, a distance of about 52 km.
India contributed yesterday USD 5 million to the UN Palestine refugee agency and called for ensuring sustained fiscal support for the organisation’s work. The cheque for the amount was handed over to the United Nations Relief and Works Agency (UNRWA) for Palestinian Refugees by Representative of India (ROI) in Palestine, Sunil Kumar, at the Agency’s headquarters in Jerusalem.
Former Uruguay striker Diego Forlan has announced his retirement, bringing to an end a 21-year career in which he played club soccer on three different continents. Forlan, who started his career in South America with Argentine club Independiente, played for major European teams such as Manchester United, Villarreal, Atletico Madrid and Inter Milan before ending his career in Asia. Forlan, 40, was also instrumental in Uruguay’s run to the 2010 World Cup semi-finals, where he was awarded the Golden Ball for best player at the tournament and finished as one of the tournament’s top scorers with five goals.