 Prime Minister of Guinea Dr. Ibrahima Kassory Fofana arrived in New Delhi on a ten-day official visit to India. During the visit, Mr Fofona called on President Ram Nath Kovind at Rashtrapati Bhavan. He also had a meeting with Vice President M Venkaiah Naidu. Mr. Fofona addressed the inaugural session of 14th CII-EXIM Bank Conclave on India-Africa Partnership Project in New Delhi. |
| Source- AIR World Service |
 External Affairs Minister Sushma Swaraj left to the Maldives on a two-day visit. She is accompanied by Foreign Secretary Vijay Gokhale and other officials. During her visit, Mrs Swaraj will call on the President of Maldives Ibrahim Mohamed Solih, Parliament Speaker Qasim Ibrahim and meet with her Maldivian counterpart Abdullah Shahid. |
| Source- The Hindu |
 Mozambique, Zimbabwe and Malawi have been hit by a vicious cyclone ‘IDAI’ that has killed nearly 150 people, left hundreds more missing and stranded tens of thousands who are cut off from roads and telephones in mainly poor, rural areas. Cyclone Idai has affected more than 1.5 million people in the three southern African countries, according to the UN and government officials. Hardest hit is Mozambique’s central port city of Beira where the airport is closed, electricity is out and many homes have been destroyed. |
| Source- BBC News |
 The Reserve Bank of India (RBI) named State Bank of India (SBI), ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs), which in other words mean banks that are too big to fail. As per the norms, these banks will have to set aside more capital for their continued operation. Inclusion in D-SIB indicates that failure of any of these banks would have a cascading effect on the Indian financial system. |
| Source: Business Standard |
 The State Bank of India has launched a new service called ‘YONO Cash’ for its customers using which customers can withdraw money from ATMs without using debit cards. This facility is available over 16,500 of its ATMs through the You Only Need One (YONO), mobile app platform for the first time in the country. The ATMs enabled for this service will be called as YONO Cash Point. |
| Source: The Hindu |
 Reserve Bank of India provided no objection to Bandhan Bank for the proposed acquisition of Gruh Finance. Gruh Finance Limited is an Ahmedabad headquartered Subsidiary of HDFC Limited. It is a Housing Finance Company (HFC) recognized by the National Housing Bank (NHB) and it was taken over in January by Bandhan Bank in a share-swap deal. India’s largest mortgage lender HDFC can hold 9.9% in the bank, according to its exchange filing. That’s the maximum a non-banking finance company can own in a private bank. HDFC had sought approval for 14.96%. |
| Source: BloomburgQuint |
 18-year-old Diksha Dagar has become the second Indian to win an event on Ladies European Tour after clinching South African Women’s Open in Cape Town. Aditi Ashok was the first Indian to win on the Ladies European Tour after clinching Hero Women’s Indian Open in Gurugram in 2016. |
| Source: The Quint |
 The first BRICS (Brazil, Russia, India, China, and South Africa) Sherpa meeting held in Curitiba, Brazil under the Presidency of Brazil. The Indian delegation was led by Secretary in the Ministry of External Affairs T S Tirumurti. India conveyed its support for the priority areas started by Brazil which particularly take forward counterterrorism as a rising issue. |
| Source: News On AIR |
 IIT Roorkee and ISRO have signed an MoU to develop Space Technology Cells on the campus of the varsity. IIT Roorkee issued a statement saying the premier technology school has inked an MoU with the Indian Space Research Organization (ISRO) to setup Space Technology Cells. The Space Technology Cells developed under this MoU will help students and faculty members of the institute to pursue advanced research in different areas related to futuristic space technology. |
| Source- The Indian Express |
 The Ministry of Human Resource Development has signed a memorandum of understanding(MoU) with the Afghanistan government to work on digital education initiatives, which include many prominent programs developed by Indian Institutes of Technology (IITs). The MoU was signed at IIT-Madras. This collaboration hopes to contribute to bilateral relations and beget mutual benefits for the two countries. |
| Source: The New Indian Express |
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