Union Minister for Finance and
Corporate Affairs, Nirmala Sitharaman has launched the asset monetisation
pipeline of Central ministries and public sector entities: ‘National
Asset Monetisation, means a limited
period license/ lease of an asset, owned by the government or public authority,
to a private sector entity for upfront or periodic consideration.
HDFC Bank and Paytm have partnered to
build comprehensive solutions across payment gateway, point of sale machines
and credit products. This includes Paytm Postpaid which is a Buy Now Pay Later
(BNPL) solution, Eazy EMI and Flexi Pay.
The partnership will also deliver
enhanced SmartHub solutions to the market. HDFC Bank SmartHub solutions is an
integrated platform offering merchants a one-stop solution shop for all their
business needs payments.
First: HDFC Bank will drive me
Asian Development Bank (ADB) and the
Government of India have signed a $500 million loan to expand the metro rail
network in Bengaluru with the construction of two new metro lines totalling 56
km in length
The second edition of the joint naval
exercise, Zair-Al-Bahr, between the Indian Navy and Qatar Emiri Naval Force
(QENF) was conducted between August 9 and 14 in the Persian Gulf. This edition
of the exercise included a three-day harbour phase followed by a two-day sea
IIT Madras has developed India’s first
indigenous motorized wheelchair vehicle named ‘NeoBolt’, which can be used not
only on roads but even on uneven terrains. It has a maximum speed of 25 kmph.
The Union Minister of State (Independent Charge) for the Ministry of Science and Technology, Jitendra Singh launched a new Geospatial Planning Portal under Bhuvan named “Yuktdhara” to enable the planning of new MGNREGA assets using Remote Sensing and GIS-based information.