1. Padma Awardees From Haryana To Get Rs 10,000 Monthly
Haryana Chief Minister Manohar Lal Khattar has announced a monthly pension of Rs 10,000 for the Padma awardees from the state. Besides the monthly pension, the chief minister has also announced a free travel facility in the 'Volvo bus' service of the state government for Padma Shri, Padma Bhushan and Padma Vibhushan awardees from Haryana.
The government has formulated various welfare policies to make life easier for the people of the state.
Defence News
2. 'Sanshodhak' 4th warship of Indian Navy launched
The fourth ship of the Survey Vessels (Large) (SVL) Project, named ‘Sanshodhak’ meaning ‘Researcher’, was launched at Kattupalli, Chennai by L and T/ GRSE for the Indian Navy.
The Ship was launched to the chanting of invocation from Atharva Veda and the chief guest of the Launch Ceremony was VAdm Adhir Arora, Chief Hydrographer to Government of India.
Banking News
3. Equitas Holdings Surrenders NBFC Licence to RBI, Registration Cancelled
Equitas Holdings Ltd, a prominent non-banking financial company (NBFC) in India, has voluntarily surrendered its NBFC licence to the Reserve Bank of India (RBI). As a result, the RBI has cancelled Equitas Holdings' registration.
The decision was made under the powers granted to the central bank by Section 45-IA (6) of the Reserve Bank of India Act, 1934. This article explores the implications of Equitas Holdings' decision and its potential impact on the financial industry.
4. RBI Expands Presence in North East India with Sub-Office in Kohima, Plans Office in Itanagar
The Reserve Bank of India (RBI) has taken a significant step towards strengthening its presence in North East India by opening a sub-office in Kohima, the capital of Nagaland.
With this move, RBI aims to expand its reach in the region and better serve the financial needs of the people. Additionally, the central bank has announced its intention to establish an office in Itanagar, further demonstrating its commitment to enhancing its operations in the North East.
5. RBI not to regulate social media influencers
The Reserve Bank of India (RBI) has announced that it currently has no plans to introduce separate regulations for social media influencers in the financial markets, stating that the Securities and Exchange Board of India (SEBI) already has measures in place to address the issue.
