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Current Affairs - 26 July 2021 ============================= | UPSC Notes EPFO Labour Law

Current Affairs - 26 July 2021
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India under 'Neighbourhood First' policy delivers medical oxygen to Bangladesh
Keeping with India's Neighbourhood First policy, Indian Railways on Saturday delivered medical oxygen to Bangladesh amid the COVID-19 pandemic.

Union Cabinet gives nod to setting up of Integrated Multi-purpose Infra Development Corp for Ladakh
The Centre approved the establishment of an integrated multi-purpose infrastructure development corporation for the Union Territory of Ladakh. The establishment of the corporation will result in inclusive and integrated development of the Union Territory of Ladakh.

Dvara E-Dairy make partnership with IFFCO Tokio General Insurance for AI-led tag
Dvara e-Dairy Solutions Pvt. Ltd. announced its partnership with IFFCO Tokio General Insurance for providing artificial intelligence powered digital cattle identity solution for cattle insurance. The company’s Surabhi e-Tag is an AI-powered digital tag that identifies cattle based on muzzle identity.

Magma Fincorp Limited rebrands its name to Poonawalla Fincorp Limited
Magma Fincorp Limited, a RBI registered non banking finance company has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawalla led Rising Sun Holdings Private Limited.

Digital broker Upstox appointed Thippesha Dyamappa as CTO
Upstox one of India’s largest investment platforms, has appointed US-based Thippesha Dyamappa,former director of software development, international retail at Amazon, as its Chief Technology Officer.

Amitabh Kant releases book on Indian start-up ecosystem
NITI Aayog Chief Executive Officer Amitabh Kant at the book launch ceremony has said that iVEAIN is a consortium of some of India’s finest institutes. This book, which is a comprehensive guide for start-ups, is authored by some of the most prominent voices in the Indian start-up ecosystem.

RBI raises loan limit of other bank directors to Rs 5 crore from Rs 25 lakh
The Reserve Bank of India has raised the limit on loans that can be sanctioned by a bank to any director or associates of other banks, without board approval to Rs 5 crore. Earlier this limit was Rs 25 lakh.

Indian Bank inks pact with IIT-Guwahati’s Technology Incubation Centre (TIC)
Chennai-headquartered Indian Bank has signed an agreement with IIT Guwahati Technology Incubation Centre (TIC) for financing start-ups under Bank’s loan product “IND SpringBoard”.

Madhya Pradesh Rubina Francis wins gold at Peru event
21-year-old Madhya Pradesh shooter Rubina Francis, won gold in the 10-metre air pistol para women’s event at World shooting Para Sport Cup held in Lima, Peru.

Aman Gulia and Sagar Jaglan Become India’s new World Cadet champions
Young wrestlers Aman Gulia (Sonepat wrestler) and Sagar Jaglan were crowned the new world champions in their respective categories at the Cadet World Championship in Budapest, Hungary.