NSE introduces ‘managed co-location services’

In order to facilitate small and medium-sized trading members, NSE introduced a facility of ‘managed co-location service’. In this facility, space will be provided to vendors along with provision for receiving market data. This facility enables the co-located entities to access the trade/order related data before other non-co-located entities.

SBI Adopt Shirki to Make it Cashless

State Bank of India (SBI) has adopted Shirki village in Pen taluka in Maharashtra for driving the Aadhaar-based merchant payment. Under this initiative, the merchants in this village have been provided with simple android phones with a USB-based fingerprint capture device. The only precondition is that the merchant needs to have a bank account, with an Aadhaar number seeded.

MEA Updates Passport Norms-2

The online passport application form now requires the applicant to provide the name of only one parent and not both. The application form does not require the applicants to provide the name of their spouse in case of separated or divorced persons. Sadhus and Sanyasis can now mention names of their spiritual gurus instead of biological parents under the new passport rules.

SC Modifies National Anthem Order

The Supreme Court has modified its order on the National Anthem & exempted physically handicapped persons from standing. It also clarified that doors of theatres need not be bolted when the National Anthem is played. The order was passed by Justices Dipak Misra & Amitava Roy. The Centre will issue guidelines on how physically challenged persons should show respect to the National Anthem.

April 14 to be Celebrated as Water Day

Union Minister for Water Resources, River Development & Ganga Rejuvenation Uma Bharti has announced that 14th April will be celebrated as “Water Day” on the occasion of BR Ambedkar’s birthday. She said in the coming days water is going to become an important agenda of the govt. She also said there was need to reform water resources management & those misusing this resource should be punished.

Govt Realises Over ` 23,497 Cr from DisInv

The government has realised over 23,497 crore rupees from disinvestment as on the 15th of this month. In the current financial year, the budget estimate for disinvestment is 56,500 crore rupees. Finance Minister Arun Jaitley said the government has identified some central public enterprises for sale in sectors like mineral and metal, oil and capital goods.

Over 5 lakh children under siege: UNICEF

UN Children’s Fund (UNICEF) has called for lifting sieges and allowing immediate humanitarian access. Nearly 500,000 children are living under siege amid escalating violence across Syria. The number of children living under siege has doubled in less than one year, Xinhua news agency quoted UNICEF as saying in a press release.

Women To Re-Enter Haji Ali Dargah

A group of women activists will enter the famous Haji Ali dargah in Mumbai on Tuesday afternoon. This win comes after five years and a series of legal battles and agitations. A group of around 75-80 women from all over India would visit the mausoleum of the saint for prayers around 3 pm. The Supreme Court on October 24 delivered its verdict upholding equal access to men and women.

23 places you can still use old notes

The government has stopped over the counter exchange of old notes of ` 500 and ` 1000 from 24th midnight. Government has permitted various exemptions for certain transactions and activities wherein payment could be made only through old ` 500 notes till the midnight of 15 December 2016. This includes payments towards pre paid mobile top-up, Purchase from Consumer coopeative stores etc.

Relief for Farmers Ahead of Rabi Season

The Centre has taken more steps to ease the cash flow for farmers after demonetisation of old 500 and 1000 rupee notes. Farmers can now purchase seeds with old 500 rupee notes. This comes on the back of permitting farmers to withdraw up to 25,000 rupees per week from their KYC compliant accounts. Govt has decided to provide 60 days more for repayment of housing, car, farm and other loans.