- Chhattisgarh Government to merge DCCBs with state cooperative bank
- The Chhattisgarh Government has planned to merge all District Cooperative Central Banks (DCCBs) of the state into a single State Cooperative Bank.
- The farmers will get modernised bank facilities at the village level along with ATM and Micro ATM services.
- It will directly affect the State Government’s interest subsidy, where it will be saving Rs 40-50 crore annually.
- Google Expands Public Wi-Fi to Indonesia.
- After a successful run in India, Google has brought its public Wi-Fi programme ‘Google Station’ to Indonesia that will help improves access to Internet at railway stations and other locations.
- Google is partnering with CBN and Fiberstar to bring high-speed public Wi-Fi to hundreds of locations across Indonesia.
- Google, in collaboration with Railtel, has rolled out free Wi-Fi service at several railway stations in India, offering high-speed internet to millions of people.
- Google launched its first free WiFi services at Mumbai Central station in January 2016.
- London to Host 2018 Table Tennis Team World Cup
- England has been awarded the right to host the 2018 Table Tennis Team World Cup, which will be held in London.
- The event will take place at the Copper Box Arena in the Queen Elizabeth Olympic Park from 22-25 February.
- It will be the first major table tennis-only event to be held in London since Wembley hosted the 1954 World Championships.
- The last team World Cup was held in Dubai in 2015, in which 12 men and 12 women teams took part.
- Union Government notifies Banking Regulation Amendment Act.
- The Union Government notified theBanking Regulation (Amendment) Act,
- The Parliament approved the Banking Regulation (Amendment) Bill, 2017 which replaced an ordinance in this regard.
- It empowers the Central government to authorize the Reserve Bank of India (RBI) to direct banking companies to resolve specific stressed assets.
- The RBI had identified 12 accounts each having more than Rs. 5000 crore of outstanding loans and accounting for 25% of total NPAs of banks for referral for resolution under the bankruptcy law. The bulk of the NPAs are in various sectors including power, steel, road infrastructure and textiles.
- India win U-15 SAFF Football Championship
- India football team won the South Asian Football Federation (SAFF)Under-15 Championship at the ANFA Complex.
- Bangladesh’s Foysal Ahmed declared as the top scorer of the tournament.
- India’s Vikram Pratap Singh was chosen as the Best playerof the tournament.
- P V Sindhu Won Silver at World Badminton Championship 2017
- PV Sindhu won the Silver medal in World Badminton Championship 2017.
- She got defeated by Japan’s Nozomi Okuhara.
- For India, it still is a historic edition since for the first time country’s shuttler are returning with two medals.
- Saina Nehwal won a bronze in the same tournament.
- Raghuram Rajan Pens Book ‘I Do What I Do’.
- Raghuram Rajan is all set to publish a book ‘I Do What I Do’about his tenure as Governor of the Reserve Bank of India (RBI) where he explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity.
- The book is a collection of essays and speeches during his stint as RBI head.
- This is not Mr. Rajan’s first book. He co-authored “Saving Capitalism from the Capitalists” with Luigi Zingales and wrote “Fault Lines: How Hidden Fractures Still Threaten the World Economy”, for which he was awarded the Financial Times-Goldman Sachs prize for best business book.
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