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DGFT launches Enhanced eCoO 2.0 System with Provisions for Back-to-Back Certificates of Origin
The Directorate General of Foreign Trade (DGFT) has introduced the Enhanced eCoO 2.0 System, an upgraded version of the electronic Certificate of Origin (eCoO) system. This new system allows exporters to apply for back-to-back Certificates of Origin, enabling smoother and faster trade processes. It ensures seamless documentation for goods in transit, eliminating delays in international trade and simplifying customs procedures.
International Saraswati Mahotsav 2025 starts in Haryana
The International Saraswati Mahotsav 2025 commenced in Haryana, celebrating the rich cultural and spiritual heritage associated with Goddess Saraswati. The festival brings together scholars, artists, and devotees from across the globe, emphasizing the importance of education, knowledge, and creativity. Various cultural programs, academic discussions, and performances are held to honor the contributions of Saraswati to intellectual and spiritual growth.
Tata Steel Develops India’s First Hydrogen-Transport Pipes
In a groundbreaking development, Tata Steel has introduced India’s first hydrogen-transport pipes. These pipes are designed to safely and efficiently transport hydrogen, a clean fuel essential for the future of energy. This innovative step positions Tata Steel as a leader in the hydrogen economy, offering a sustainable solution to fuel the growth of hydrogen-based energy systems
Karnataka Bank’s Triumph at IBA Banking Technology Awards
Karnataka Bank was honored with accolades at the IBA Banking Technology Awards for its exceptional use of technology in banking operations. The award recognized the bank’s innovative digital banking services, customer-friendly apps, and advanced security measures that enhance banking experiences.
| Also read: Daily Current Affairs: 29th and 30th January 2025 |
This recognition reflects Karnataka Bank’s commitment to modernizing its banking processes and improving customer access through cutting-edge technology. The bank continues to lead in providing digital solutions while maintaining high levels of security and efficiency.
Hisashi Takeuchi re-appointed as MD & CEO of Maruti Suzuki
Hisashi Takeuchi has been re-appointed as the Managing Director and CEO of Maruti Suzuki, India’s largest car manufacturer. Under his leadership, the company has witnessed significant growth in both domestic and international markets. Takeuchi’s reappointment highlights the company’s continued focus on innovation, sustainability, and customer satisfaction.
Union Home Minister Amit Shah in New Delhi released book Indian Renaissance: The Modi Decade
Union Home Minister Amit Shah launched the book “Indian Renaissance: The Modi Decade” in New Delhi, which offers an in-depth analysis of the political and economic reforms undertaken by Prime Minister Narendra Modi. The book chronicles India’s transformation under his leadership, examining key policies such as Make in India, Digital India, and Ayushman Bharat.
SEBI launches portal to report tech-glitches for stock exchanges and other MIIs
The Securities and Exchange Board of India (SEBI) has launched a new online portal for reporting technical glitches in stock exchanges and Market Infrastructure Institutions (MIIs). This initiative is designed to increase transparency and accountability in India’s financial markets by providing a platform for investors and participants to report any system errors, ensuring prompt resolution.
CRED launches Beta version of e-Rupee Wallet
CRED, a leading fintech company, has launched the beta version of its e-Rupee Wallet, a platform enabling users to make digital transactions using India’s official central bank digital currency (CBDC), e-Rupee. This initiative is part of CRED’s efforts to integrate blockchain technology and central bank-backed digital currency into the daily lives of users.
Rajesh Nirwan Appointed as Director General of Bureau of Civil Aviation Security (BCAS)
Rajesh Nirwan has been appointed as the new Director General of the Bureau of Civil Aviation Security (BCAS), India’s apex body for aviation security. Nirwan brings extensive experience in security operations and management, and under his leadership, the BCAS aims to strengthen the aviation security framework in India.
MobiKwik launches full-scale CBDC e-Rupee wallet for Android users
MobiKwik, a popular digital wallet company, has launched its full-scale CBDC e-Rupee wallet for Android users, providing a seamless experience for digital currency transactions. This wallet integrates India’s official digital currency, e-Rupee, allowing users to store and transact securely with digital rupees. MobiKwik’s move is in line with the government’s goal of promoting digital payments and enhancing the CBDC adoption across India.
Elon Musk’s X to launch its first digital wallet in partnership with Visa
Elon Musk’s company X (formerly Twitter) is set to launch its first digital wallet in collaboration with Visa, aiming to revolutionize online payments and financial transactions. This new wallet will integrate cryptocurrency payments, traditional currencies, and instant transfers. By partnering with Visa, X aims to provide a secure, fast, and widely accessible payment solution, expanding its digital services beyond social media.
BIMTECH Launches BIMCOIN: India’s First Campus Blockchain Currency
BIMTECH, a premier business school in India, has launched BIMCOIN, India’s first campus-specific blockchain-based currency. BIMCOIN is designed to facilitate secure transactions for students and faculty, allowing them to use it for purchases, fees, and other campus-related services. This innovative initiative aims to introduce students to the potential of blockchain technology and cryptocurrencies in a controlled environment.
NPCI Implements Stricter UPI Rules from Feb 1, 2025
The National Payments Corporation of India (NPCI) is set to implement stricter Unified Payments Interface (UPI) rules starting from February 1, 2025, aiming to ensure greater security and efficiency in digital payments. The new regulations include enhanced authentication processes, fraud prevention measures, and user verification protocols.
France’s Alstom gets Rs 1,285 cr contract to supply parts for Vande Bharat
Alstom, a global leader in rail transport, has secured a contract worth Rs 1,285 crore to supply key components for India’s Vande Bharat Express trains. The contract will involve manufacturing and supplying parts such as motors, propulsion systems, and train control technology, enhancing the performance and efficiency of the high-speed Vande Bharat trains.
