Tuesday, March 28, 2017

2016 Asian Champions Trophy

Indian Women’s hockey team has won the 2016 Asian Champions Trophy by defeating China by 2-1 goals.Hockey tournament was held in singapore. The first goal for India was scored by Deep Grace Ekka in the 13th minute which was equalised by China’s Zhong Mengling in the 44th minute. The second and winning goal was scored by Deepika Thakur that gave the India formidable lead to win the tournatment.

National Milk Day

India's National Milk Day celebrated on November 26. This day mark birth anniversary of Dr.Verghese Kurien, father of the White Revolution in India. This year it was 95th birth anniversary of Dr.Verghese Kurien. It was established in 2014. The idea of observing National Milk Day was first mooted by Indian Dairy Association (IDA) in 2014 on the lines of World Milk Day (observed every year on June 1) under the aegis of UN Food and Agriculture Organization (FAO). In addition, the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products printed 150 million milk pouches with the National Milk Day logo featuring Dr. Kurien’s picture with the National Milk Day logo on it.

Bitcoins and other virtual currencies is not authorised by the RBI

Use of virtual currencies like Bitcoins is not authorised by the RBI and could result in breach of anti-money laundering provision said by Government. The Reserve Bank of India advises that it has not given any licence or authorisation to any company to operate such schemes or deal with bitcoin or any virtual currency. "The Reserve Bank is presently examining the issues associated with the usage, holding and trading of virtual currencies under the extant legal and regulatory framework of the country, including foreign exchange and payment systems laws and regulations,". RBI had warned that any user, holder, investor and trader dealing with virtual currencies would be doing so at his/her own risk.

ICICI Bank and Truecaller announces partnership

ICICI Bank announced a partnership with mobile app firm Truecaller for a new Unified Payments Interface (UPI)-based mobile payment service. This feature will allow users of the app to instantly create a UPI ID, send money to any UPI ID or a mobile number registered with the BHIM (Bharat Interface for Money) app. It will also enable users to recharge their mobile number from within the Truecaller app itself. The partnership makes the Truecaller and ICICI Bank platform among India's largest mobile payment platform with 150 million customers of the app gaining access to UPI-based payments.

Worth reading