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News in Short

News in Short - 25-August-2019

RuPay payment card launched in UAE and Bahrain

Date: 25 August 2019 Tags: Banking Agreements
  • Prime Minister Narendra Modi launched the RuPay card in UAE making it the first country in West Asia to initiate the Indian indigenous system of electronic payment.
  • India has already launched RuPay card in Bhutan and Singapore.
  • The RuPay card was launched in 2012 by RBI to have a domestic open and multilateral system of payments. RuPay facilitates payment at all Indian banks and financial institutions.

PM Modi receives UAEs highest civilian award

Date: 25 August 2019 Tags: Honours & Awards
  • PM Modi who is on a tour to UAE and Bahrain has been bestowed with highest civilian award of UAE during his visit.
  • The award, ' Order of Zayed' has been given as a mark of appreciation for PM's effort to boost bilateral ties between the two nations.
  • The award has earlier been bestowed on several world leaders, including Russian President Vladimir Putin, Queen Elizabeth II and Chinese President Xi Jinping.
  • The award is named after Sheikh Zayed bin Sultan Al Nahyan, the founding father of UAE.

IAS officer Kannan Gopinathan resigns

Date: 25 August 2019 Tags: Appointments & Resignations
  • IAS officer Kannan Gopinathan from AGMUT cadre , who came into limelight after his anonymous participation in flood relief activities during Kerala floods has resigned from the service.
  • He had been serving as the secretary of the power, urban development and town and country planning departments of the union territory of Dadra and Nagar Haveli.

Former union minister Arun Jaitley passes away

Date: 25 August 2019 Tags: Obituaries
  • Former union finance minister and BJP leader Arun Jaitley passed away in AIMS Delhi on 24-8-19, after a brief illness. He was 66.
  • Arun Jaitley started his political career as the member of Akhil Bharatiya Vidyarthi Parishad, the Student wing of BJP. He was the former president of Delhi University Student’s Union.
  • A lawyer by profession, Jaitley is well known for his contribution for implementing GST, demonetization, merger of Railway budget with general budget and introduction of Insolvency and Bankruptcy Codeduring his stint as the Finance minister.