Current Affairs

Sachin Tendulkar gave away prizes to the winners of South Asia Regional WASH innovation

The event was organised by UNICEF in association with BRAC, a Bangladesh based international organisation. The basic aim of the challenge was to identify innovative solutions to promote the practice of hand washing with soap.

More than 700 teams from South Asia had submitted their ideas about how to get everyone to wash their hands with soap. In the final held on Monday, 12 teams presented their ideas. Two teams from Bangladesh and one from Pakistan got top three places. Encouraging the young innovators to keep trying hard, Sachin said that they have taken a big step towards making a massive contribution in doing something good for the planet.

He said prevention is better than cure and everyone is trying to find ways to prevent water related diseases, which end up taking so many innocent lives. Sachin also met Chief Advisor of the Interim Government of Bhutan and discussed various hand sanitation awareness initiatives. He also interacted with the members of Bhutan’s National Cricket team.



United Nations Day: 73 years of keeping the world peace alive

Established on October 24, in the year 1945, United Nations (UN) replaced the League of Nations after World War II. It took the role of peacekeeper of the world and assumed necessary powers to avoid conflicts resulting in a world war.

Currently, the UN has 193 countries as its members and its headquarter is in New York, USA.

The UN not only focuses on peace but also aims at promoting sustainable development, upholding international laws and protecting human rights.



RBI lifts ban on Fino Payments Bank to open new accounts

New Delhi: After almost five months of being barred from adding new customers, Fino Payments Bank, one of India’s first payments banks has been allowed to open new accounts by the Reserve Bank of India (RBI) after it submitted the compliance report to the central bank. Fino Payments Bank had been unable to enrol new customers since the end of May after RBI found the bank to be non-compliant with the operational guidelines laid down by it.

“RBI has lifted the prohibition on Fino Payments Bank to open new accounts,” said a statement from the payments bank on Tuesday.

“It may be noted that RBI had prohibited Fino Payments Bank from opening any new accounts on account of violations of certain licensing conditions and operating guidelines. However, no restrictions were placed by RBI on the bank for servicing existing customers,” the statement added.

In August, the payments bank had said that a few Fino Payments Bank accounts had deposits in excess of the stipulated amount.

According to RBI’s operating guidelines for payments banks, a customer can make deposits of up to ₹1 lakh per account in a year. Such banks cannot accept deposits beyond this limit.



CBI Officers Leaving Is Purely Interim Measure," Says Arun Jaitley

NEW DELHI:
CBI director Alok Verma and Special Director Rakesh Asthana have been sent on leave amid the massive in-figthing within the country's top investigating agency. M Nageshwara Rao, a joint director at the agency, has been appointed its interim director. Mr Rao is a 1986 batch IPS officer from the Odisha cadre and supersedes Mr Asthana.

The move caps days of turmoil that began with the CBI filing a case against Rakesh Asthana, accusing him of taking Rs. 3 crore as bribe from a businessman being investigated. Mr Asthana, denying the charges, told the government that it was his boss, Alok Verma, who had taken a bribe of Rs. 2 crore from the same businessman. He also sent a 50-page complaint against Alok Verma and his team

Meanwhile, the offices of both Alok Verma and Rakesh Asthana have been sealed and all officers working with the CBI director have been sent on leave. The 10th and 11th floor of the CBI office in Delhi, which has the rooms of all these officers, are being raided, say sources.


The government's order last night followed a recommendation by the country's top vigilance officer, Chief Vigilance Commissioner, that the CBI's warring top two be sent on compulsory wait, stripped of all responsibilities.



India,China sign first security cooperation agreement

India and China on Monday signed a first-ever agreement on security cooperation which will strengthen and consolidate assistance in counter-terrorism, organised crimes, drug control, human trafficking and exchange of information, marking a new beginning between the two countries.

The agreement was signed by Union Home Minister Rajnath Singh and China’s State Councilor and Minister of Public Security Zhao Kezhi, a move that came just a year after the two-month-long border stand-off between the Indian Army and the China’s People’s Liberation Army at Doklam on the India-Bhutan-China tri-junction last year.

The agreement followed the first high-level meeting on bilateral security cooperation co-chaired by Rajnath Singh and Zhao, who was heading a delegation of over 30 Chinese diplomats. Zhao is on a visit to India from October 21 to 25 during which he will also travel to Mumbai.

A Home Ministry statement said the two sides discussed counter-terrorism cooperation, and welcomed increased cooperation between the two countries in the area of security during the meeting.



India, Iran, Afghanistan hold first trilateral on Chabahar port project

NEW DELHI: India, Afghanistan and Iran Tuesday held their first trilateral meeting on Chabahar port project during which they reviewed its implementation. The meeting assumes significance as the strategically-located port on the energy-rich Iran's southern coast was coming under the ambit of US sanctions on Tehran.

"Detailed discussions were held between the three sides on full operationalisation of the trilateral Agreement for international transit and transport through Chabahar port, ..



Invest India Wins Top UN Award for Promoting Renewable Energy Investment

United Nations: Invest India has received the top UN Investment Promotion Award in recognition of its efforts to boost investments in the renewable energy sector in India.

The award was presented by Armenian President Armen Sarkissian to Deepak Bagla, the CEO of Invest India, on Monday in Geneva at the inaugurations of the World Investment Forum organised by the UN Convention on Trade and Development (UNCTAD).



India’s TCS among top 10 firms to get foreign labour certification for H-1B visas

Tata Consultancy Services is the only Indian company among top 10 firms to get foreign labour certification for the H-1B visas for the fiscal year 2018, according to data from the US Department of Labour.

The H-1B visas are the most sought-after among Indian IT professionals.

The visa programme allows employers to temporarily employ foreign workers in the US on a non-immigrant basis in speciality occupations or as fashion models of distinguished merit and ability.

London-headquartered Earnest and Young, a multinational professional services firm, has emerged as the top employer to have received the certification.

In fact, Ernest and Young with 151,164 H-1B specialist occupation labour certifications accounted for the 12.4 per cent of all foreign labour certification for the H-1B work visas for the fiscal year 2018 ending on September 30, according to the latest annual report released by the Department of Labour early this month.

Ernest and Young is followed by Deloitte Consulting which received 69,869 H-1B specialty occupations labour conditions programme.

Indian-American owned Cognizant Technology Corp comes at number three with 47,732 specialty occupations labour conditions programme, the Department of Labour said in its latest annual report.

Cognizant is followed by HCL America (42,820), K Force Inc (32,996), and Apple (26,833).

India’s Tata Consultancy Services or TCS is the only Indian company in top 10 for the year 2018.



Gwalior to host 4-day international dance festival

Uzbekistan Ambassador to India Farhod Arziev will Sunday inaugurate a four-day international dance festival titled "Udbhav Utsav" here.

Dance troupes from Bulgaria, Turkey and Sri Lanka, apart from 25 teams from India, will participate while a team from South Korea dropped out at the last minute, organising committee president Keshav Pandey told PTI Saturday.


He said that the inaugural session will be held in Jiwaji Club here.

The dance festival, sponsored by the Greenwood group of schools, is in its 15th year, he added.



Paytm launches PayPay in Japan, in joint venture with SoftBank, Yahoo Japan

New Delhi: Paytm, run by One 97 Communications Ltd, has launched a barcode-based smartphone payment service called PayPay in Japan, in a joint venture with SoftBank Corporation and Yahoo Japan Corporation, the company said in a statement on Monday.

Mint reported on July 27 that Softbank had tapped Paytm, India’s largest payments service provider, to set up mobile payments in Japan by November.

SoftBank Group is one of the largest investors in Paytm. PayPay Corp., established in June, will help SoftBank build and expand its payment system in the country.

Incepted in October 2018, PayPay allows users to store money from a bank account in their “PayPay” wallet and aims to promote the use of cashless payment in Japan, which is heavily dependent on cash for payments. Japan accounts for only 20% of overall cashless transactions in the country.

With the launch of “PayPay,” Yahoo Japan will terminate “Yahoo! Wallet”—its current smartphone settlement function.