 Jammu & Kashmir's first all-women branch of Jammu and Kashmir Bank was inaugurated. First Lady Usha Vohra e-inaugurated the first 'All-Women Branch of Jammu and Kashmir Bank' at a function organised at the Sher-i-Kashmir International Convention Centre (SKICC). The total staff strength of the bank is 13. Ms Vohra also launched special services and products designed exclusively for women clients of the bank, which included Pink Gold Saving Scheme, Pink Platinum Saving Scheme, Special Loan Facility for Women Entrepreneurs, Pink Gold Debit Card and Pink Platinum Credit Card. |
| Source- NDTV News |
 Jana Small Finance Bank announced the commercial launch of its banking operations, the last microfinance company to convert itself into a small finance bank (SFB), three years after the Reserve Bank of India (RBI) gave its in-principle approval. The small finance bank was earlier called Janalakshmi Financial Services and weathered huge losses on account of demonetization. |
| Source- The Livemint |
 Planning for its next three Olympic Games, the International Olympic Committee (IOC) has added seven medal events to the 2022 Beijing Winter Games, published a 2020 Tokyo Olympics schedule with no agreement on when to race swimming finals, and set a timetable to add new sports to the 2024 Paris Olympics. The next Winter Olympics will now include: women’s monobob, Big Air freestyle skiing for men and women, plus mixed team events in short track speed skating, ski jumping, ski aerials and snowboardcross. |
| Source- The Hindu |
 European Union (EU) and Japan have signed Economic Partnership Agreement (EPA). It was signed at EU-Japan summit in Tokyo by EU Presidents Jean-Claude Juncker and Donald Tusk and Japanese Prime Minister Shinzo Abe. It is biggest ever trade deal negotiated by the EU and creates free trade zone covering nearly third of the world’s GDP. The trade deal is set to eliminate the "vast majority" of the $1.1 billion in duties that EU companies pay to Japan, according to the European Commission. |
| Source- The Economic Times |
 Wrestling Federation of India (WFI) president Brij Bhushan Saran Singh is set to be named the Chef de Mission of the Asian Games-bound Indian contingent. The four deputy Chefs de Mission set to be appointed are BS Kushwaha (former secretary of Indian Kayaking and Canoeing Federation), RK Sacheti (Executive Director of Boxing Federation of India, DK Singh (Uttarakhand Olympic Association) and Colonel RK Swain (Secretary of Equestrian Federation of India). |
| Source- DD News |
 As part of Indo-US Bilateral Defence Cooperation, the 7th Defence Technology and Trade Initiative (DTTI) meeting was held between India and the US delegation in New Delhi. The meeting was co-chaired by, Secretary (Defence Production), Dr Ajay Kumar and Under Secretary of Defence for Acquisition and Sustainment, DoD, US Government Ms Ellen M Lord. The meetings are held twice a year, alternately in India and the USA with the aim to bring sustained leadership focus to the bilateral defence trade relationship and create opportunities for co-production and co-development of defence equipment. |
| Source- Press Information Bureau (PIB) |
 Flipkart’s digital payment subsidiary PhonePe has acquired Zopper Retail – a hyperlocal Point of Sale (POS) platform for small and medium businesses. The acquisition is a part of the company’s strategy to aggressively ramp up its offline business. Zopper’s CEO Neeraj Jain and the engineering leadership team has joined the team of PhonePe after the acquisition. |
| Source- The Hindu Business Line |
 Microsoft and Walmart are teaming up for a strategic partnership that will take on rival Amazon in both technology and retail. Walmart announced at Microsoft’s Inspire partner conference, that it’s partnering with Microsoft to use the company’s cloud services. The five-year agreement will see Walmart use Azure and Microsoft 365 across the company, alongside new projects focused on machine learning, artificial intelligence, and data platforms. Walmart is Amazon’s biggest retail competitor, and Microsoft is Amazon’s largest cloud services rival. |
| Source- The Verge |
 Western Railway renamed Elphinstone Road suburban railway station in Mumbai, Maharashtra to Prabhadevi Station. The station code of Prabhadevi station will be PBHD. The station was initially named after Lord Elphinstone, who was Governor of Bombay Presidency from 1853 to 1860. It has now been renamed in honour of local deity Prabhadevi. Prabhadevi is name of the area in the vicinity of the station. It also derives its name from the temple of the deity which is 300 years old. In December 2017, Maharashtra legislature had approved Bill to rename Elphinstone Road station, Chhatrapati Shivaji Terminus (CST) and Chhatrapati Shivaji International Airport. The central government had given its nod for renaming in May 2017. |
 Nelson Mandela International Day 2018 is observed internationally on 18th July. This year marks 100 years since the birth of Nelson Mandela (18 July 1918). The Nelson Mandela Foundation is dedicating this year's Mandela Day to 'Action Against Poverty', honouring Nelson Mandela's leadership and devotion to fighting poverty and promoting social justice for all. November 2009 - in recognition of the former South African President’s contribution to the culture of peace and freedom, UN General Assembly declares 18 July "Nelson Mandela International Day". |
| Source- The Livemint |
You need to login to perform this action.
You will be redirected in
3 sec
