In today's fast-paced world, staying abreast of the latest developments is crucial. Here, we bring you a concise yet comprehensive roundup of the notable happenings on 12th September 2023. Let's delve right in!
India and Bangladesh Strengthen Bilateral Cooperation with Three New MoUs
- Cooperation in Digital Payment Mechanisms: A collaboration between the National Payments Corporation of India (NPCI) and Bangladesh Bank.
- Cultural Exchange Program Renewal (2023-2025): A renewed commitment to fostering cultural ties between India and Bangladesh.
- Agricultural Research Collaboration: A partnership between the Indian Council of Agricultural Research (ICAR) and the Bangladesh Agriculture Research Council (BARC).
Odisha's Koraput Kalajeera Rice Earns GI Tag
- The Geographical Indications Registry, functioning under the Department of Promotion of Industry and Internal Trade (DPIIT), has granted the Geographical Indication (GI) tag to Odisha's 'Koraput Kalajeera Rice', also known as the 'Prince of Rice'.
- This variety of rice has been cultivated exclusively by the tribes and farmers of Koraput district in Odisha for generations.
Highlights of PM Narendra Modi's Visit to Jakarta
- Attended the 20th ASEAN-India Summit and the 18th East Asia Summit, hosted by Indonesia.
- This visit marks the first summit since the elevation of India-ASEAN relations to a Comprehensive Strategic Partnership in 2022.
- Indonesia leads as the ASEAN Chair in 2023 with the theme "ASEAN Matters: Epicentrum of Growth".
National Judicial Academy (NJA) Collaborates with Singapore Judicial College
- MoU signed to advance cooperation in judicial education and research.
- The agreement was signed during the official visit of Dr. Dhananjaya Yashwant Chandrachud, the Chief Justice of India, to Singapore.
Banking & Finance
- AU Small Finance Bank Forms Strategic Partnerships with Star Health and Bajaj Allianz
- The bank has entered into bancassurance agreements with Star Health and Allied Insurance Company, and Bajaj Allianz Life Insurance Company.
- Customers can now access a variety of insurance products including health, general insurance policies, term insurance, savings plans, and retirement products through the bank's branches and digital channels.
- The collaboration with Bajaj Allianz Life Insurance emphasizes a digital-first approach, aiming to provide efficient and technology-driven insurance solutions to customers.
Economy & Business
Collaboration to Explore 6G Wireless Technology
- The Next G Alliance of the Alliance for Telecommunications Industry Solutions (ATIS) and the Bharat 6G Alliance (B6GA) have signed an MoU to explore opportunities in 6G wireless technologies.
- The collaboration aims to align research and development priorities to support a common 6G vision and foster secure, trusted telecommunications and resilient supply chains.
NVIDIA Forms Partnerships to Advance AI in India
- The US-based chipmaker NVIDIA has partnered separately with Reliance Industries Limited and Tata Group to build Artificial Intelligence (AI) supercomputers in India.
- The partnerships aim to enhance computing infrastructure and platforms for developing AI solutions in the country.
New Chairman Appointed at the Association of Investment Bankers of India
- Mahavir Lunawat, Group Founder and Managing Director of Pantomath Capital Advisors Private Limited, has been appointed as the Chairman for a two-year term starting September 2023.
- The appointment was made during the AIBI's Board Meeting held on September 5, 2023.\
Awards & Recognitions
- Prestigious Awards Announced in Various Fields
- Bharat Gaurav Award: Bestowed upon Dr. K. Sivan, the Chairman of the Indian Space Research Organisation (ISRO), recognizing his contributions to the field of space science.
- Global Leadership Award: Awarded to Ratan Tata, Chairman Emeritus of Tata Sons, by the United States-India Strategic Partnership Forum (USISPF), acknowledging his leadership and contributions to the global business landscape.
- National Tourism Awards: The Ministry of Tourism announced the winners of the National Tourism Awards, celebrating excellence in the tourism sector. The awards were distributed in various categories including Best State/Union Territory for Comprehensive Development of Tourism, Best Tourist Guide, and Best Hotel.
Science & Technology
India's First Indigenous Aircraft Carrier, INS Vikrant, Commences Sea Trials
- Marking a significant milestone in India's defence sector, the INS Vikrant, India's first indigenous aircraft carrier, has commenced its sea trials.
- The carrier, built by the Cochin Shipyard Limited, is expected to be commissioned into the Indian Navy soon, enhancing India's maritime capabilities.
Launch of the 'Arogya Dhara' Mobile App
- The Ministry of Ayush launched the 'Arogya Dhara' mobile app, a comprehensive platform offering information on various Ayush systems, wellness centers, and yoga protocols.
- The app aims to promote awareness and adoption of Ayush practices for a healthier lifestyle.
- World First Aid Day 2023
- Observed on September 9, the day aims to raise awareness about the importance of first aid training in preventing injuries and saving lives.
- The theme for this year was "First Aid and Road Safety", focusing on the critical role of first aid in reducing fatalities and injuries in road accidents.
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