1. RBI joins network for greening financial system The Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a member. The central bank joined the NGFS on April 23, 2021. Green finance assumed significance in the context of climate change. The RBI expects …
1. China Launches Robot Prototype ‘NEO-01’ Clear Space Debris The Chinese government has launched a robot prototype named as ‘NEO-01’, in the Earth’s low orbit, on its Long March 6 rocket. The 30kg robot prototype has been developed by Shenzhen-based space mining start-up ‘Origin Space’. To observe small celestial bodies in deep space and to experiment with space …
1. Shivalik Small Finance Bank Limited Begins Operations The UP-based Shivalik Small Finance Bank Limited commenced operations as a Small Finance Bank (SFB) with effect from April 26, 2021. It must be remembered that the Shivalik Mercantile Co-operative Bank (SMCB) is the first urban co-operative bank (UCB) in India to receive licence from RBI to operate …
1. China names its first-ever Mars rover “Zhurong” China has named its first-ever Mars rover “Zhurong” after an ancient fire god ahead of a landing attempt on the Red Planet in May. The China National Space Administration (CNSA) revealed the name at the sixth China Space Day held in Nanjing. The Chinese name for Mars, “Huoxing,” …
1. PM Modi Launches Extension of ‘SVAMITVA scheme’ Across India Prime Minister Shri Narendra Modi launched the distribution of e-property cards under the SVAMITVA scheme on National Panchayati Raj Day on April 24, 2021, through video conferencing. SVAMITVA stands for Survey of Villages and Mapping with Improvised Technology in Village Areas. The launch …
1. RBI allows commercial banks to pay up to 50% of pre-Covid dividends The Reserve Bank of India (RBI) has allowed commercial banks to pay dividends on equity shares for FY21, from the profits for the fiscal ended March 31, 2021, subject to certain conditions and limits. The new notification of RBI allows commercial …
1. CAG GC Murmu selected as external auditor for Hague India’s Comptroller and Auditor General (CAG), GC Murmu has been chosen as the external auditor by the Hague-based Conference of State Parties of the Organisation for the Prohibition of Chemical Weapons (OPCW), for a three-year term starting 2021. India was also selected as a member of the …
1. India elected to 3 bodies of U.N. Economic and Social Council India has been elected by acclamation, to three bodies of the UN Economic and Social Council (ECOSOC), for a three-year term beginning January 1, 2022. These UN Bodies are: Commission on Crime Prevention and Criminal Justice (CCPCJ) Executive Board of the UN Entity …
1. Prahlad Singh Patel inaugurates first-ever online exhibition on Ramayana The Union Minister of State for Tourism and Culture ( I/C), Prahlad Singh Patel virtually inaugurated the first-ever Online Exhibition on Ramayana, the Epic by Maharishi Valmiki, on the occasion of World Heritage Day 2021. The online exhibition has been titled “Rama Katha: The Story of …
1. Piyush Goyal launches the Startup India Seed Fund Scheme Union Minister Piyush Goyal launched the Startup India Seed Fund Scheme (SISFS). The Fund aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization. The government has approved Rs. 945 Crore corpus for the fund, which will be …