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FMC
to be merged with SEBI from September 28
Corporate
> FMC-
Sebi Merger > 2nd September
The
government notified the merger of commodities market regulator
Forward Markets Commission (FMC) with Securities and Exchange Board
of India (SEBI) with effect from September 28.
InSPA,
global alliance of 107 sunshine countries to be launched in New Delhi
India
> InSPA > 4th September
The
term InSPA was in news in the first week of September 2015 as the
Union Government is planning to launch the global alliance on solar
energy at a conclave in New Delhi. InSPA stands for International
Agency for Solar Policy & Application. Its launch event is
expected to be attended by 107 member countries that are located
between Tropic of Cancer and Tropic of Capricorn including China and
Australia.
Teachers’
Day observed across India on 5th September
Days
> Teachers’
Day > 7th September
Teacher’s
Day was observed on 5 September 2015.To mark the occasion, the
president of India Pranab Mukherjee presented National Awards to
meritorious teachers. Teachers’ day was created in 1962 to mark the
birth anniversary of the second president of India Dr S
Radhakrishnan, who was also an academician and teacher.
Others
India
won UNESCO's Award of Excellence 2015 for conserving Sree
Vadakkunnathan Temple
Awards
> UNESCO
Award of Excellence
2015 > 2nd September
India
on 1 September 2015 won the UNESCO prize Award of Excellence 2015 for
conserving the Sree Vadakkunnathan Temple of Kerala. The award was
given in the category of UNESCO Asia Pacific Heritage Award for
Cultural Heritage Conservation.
After
SBI proposal, all public banks may get to share profits with staff
Banking
and Insurance >
SBI > 3rd September
India's
largest lender State Bank of India's proposal to share 3-5 per cent
of net profit with its employees as an incentive may encourage the
government to extend the initiative to all state-run banks, a move
which might drive reforms and attract young talent to state-run
banks.
Cash
withdrawal limit at point of sale machines may go up to Rs 5,000
Banking
and Insurance >
POS Machines > 3rd September
If
the finance ministry has its way, you will soon be able to withdraw
Rs 5,000 through point of sale machines at shops, up from Rs 2,000
now. This can potentially bring down the use of automated teller
machines (ATMs) to just large-value transactions.
Govt
cancels Greenpeace India's FCRA licence, NGO says determined to fight
order
Politics
and Government >
Greenpeace
Licence > 3rd September
Government
cancelled the registration of Greenpeace India under the Foreign
Contribution Regulations Act (FCRA) for its activities which
allegedly hampered country's economic growth.
NASA
and ISRO jointly working on NISAR mission
Science
and Technology >
NISAR Mission > 4th September
NASA-ISRO
Synthetic Aperture Radar (NISAR) is a dedicated US and Indian InSAR
mission, in partnership with ISRO, optimized for studying hazards and
global environmental change. As part of it NISAR satellite, which
will be the first radar imaging satellite to use dual frequency, is
expected to be launched during the year 2021.
Gagan
Narang achieves No.1 spot in Asian ranking, Jitu Rai is No.2
Sports
> Shooting > 5th September
Having
rediscovered his old form, Olympic medallist Gagan Narang of India
has achieved the number one spot in men's 50m rifle prone shooting
category in Asia. Jitu Rai has achieved the number two spot.
Government,
TISS ink pact for skill development
Politics
and Government >
GoAP TISS Pact > 6th September
The
Government of Andhra Pradesh (GoAP) has signed a MoU with Tata
Institute of Social Sciences (TISS) in Visakhapatnam on Saturday in
the presence of Chief Minister N. Chandrababu Naidu and Minister for
Education and HRD Ganta Srinivas Rao. The MoU envisages
implementation of ‘Andhra Pradesh University Students Employability
Skill Development Programme’, a flagship initiative of GoAP.
Lack
of bank sponsors hit white label ATMs
Banking
and Insurance >
White Label
ATMs > 7th September
Non-banking
entities operating automated teller machines, known as white label
ATM operators, are struggling to meet the targets set by the Reserve
Bank of India, mainly because they are unable to find banks to
sponsor such ATMs in small towns.
National
Payments Corporation of India to launch RuPay credit card in one year
Banking
and Insurance >
RuPay Credit Card > 7th September
The
National Payment Corporation of India (NPCI), an umbrella institution
for retail payments, will launch a 'Mudra' card, a credit card and an
international card. NPCI had launched the RuPay payment scheme
earlier
Union
Government announced One Rank One Pension scheme for ex-servicemen
Politics
and Government >
One Rank One
Pension > 7th September
The
Union Government on 5 September 2015 announced One Rank One Pension
(OROP) scheme for ex-servicemen. The scheme was pending for nearly
four decades.
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