Wednesday 29 August 2018

ONE LINER OF THE DAY 29th August 2018


1.The G20 Digital Economy Ministerial Meeting was held in Salta, Argentina.The theme of the meeting was ‘Building consensus for fair and sustainable development’.The meeting took place as part of Sherpa Track for 2018 G20 Leaders’ Summit, which is to be hosted by Argentina by end of 2018.

2.DBS Bank has been named the world’s best bank by Global Finance magazine.It shows a reflection of its ability to invest in digital innovation while still maintaining stable operations for its customers.DBS is the first Asian bank to receive the accolade from the New York-based publication, which last year gave the title to ING Bank.

3.The 2019 Asian Youth and Junior Weightlifting Championships will be held in the North Korean capital Pyongyang.At the Asian Games weightlifting in Jakarta, which North Korea has dominated winning seven golds.The Asian Weightlifting Federation and North Korea’s Sports Minister Kim Il Guk signed an agreement for North Korea to hold the championships from October 27, 2019.

4.Punjab National Bank (PNB) has announced that the Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions.The bank is also rated as the sixth overall amongst all banks in India for digital performance.The bank is rated as ‘Good’ by the government with a score of 71 which is the highest category of performance.

5.The First SAARC Agri Cooperative Business Forum began in Kathmandu.The theme of three-day Forum is the ‘Organizing and Strengthening Family Farmers’It is being co-organized by the Food and Agriculture Organization of the United Nations and Asian Farmers’ Association with the support from the International Fund for Agricultural Development.

6.The State Bank of India (SBI), has changed the names and IFSC codes of 1,300 of its branches.The idea behind the move is to rationalize SBI’s merger with six associate banks and the Bhartiya Mahila Bank (BMB) which came into effect from April 1, 2017.SBI has updated the list of branches with old and new names and IFSC codes on its website.

7.Odisha government signed a MoU with an America-based agency ‘Malaria No More’ and Indian agency ‘Malaria Elimination Trust’ to make the state malaria-free.The two agencies will prepare the roadmap for public awareness and will work with the various organization in the state.

8.Google’s UPI payments platform ‘Tez’ has been renamed as ‘Google Pay’. It was announced at ‘Google for India 2018’ event in New Delhi.Google Pay users will also be able to get pre-approved instant loans through the service.Even after the change of name Tez users will be able to see the same home screen, bill payment links, contacts etc.

9.The National Sports Day is celebrated every year on August 29 on the birth anniversary of Indian hockey legend Major Dhyan Chand.This year, though, the date has been postponed to September 25 so the Indian athletes could return from Asian Games 2018.On this day, Arjuna and Khel Ratna awards are conferred by the President of India to celebrate the achievements of athletes in the country.

10.Google has launched the Project Navlekha, which in Sanskrit means “a new way to write”.Project Navlekha will empower offline newspapers and magazines in India to bring their content online.Google is using its expertise in artificial intelligence for Project Navlekha, which will quickly render any PDF with Indian language content into editable text.

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