1.President Vladimir Putin has named Tax Service chief Mikhail Mishustin as Russia's new prime minister upon Dmitry Medvedev’s resignation. 53-year-old Mishustin has worked in the government since 1998 and as the head of Federal Tax Service since 2010.Russia Capital: Moscow; Currency: Rubble.
2.Yes Bank has acquired around 30% stake pursuant to invocation of pledged shares by acquiring the post-issue paid-up share capital of Rosa Power Supply Company Ltd, a wholly-owned subsidiary of Reliance Power Ltd.Rosa Thermal plant (1,200 MW): Shahjahanpur, UP.
3.Tech giant IBM has received record 9,262 US patents in 2019, with India being the second-highest contributor. IBM inventors from India received over 900 patents, the second-highest contributor to the global tally after the USIBM nicknamed ‘Big Blue’ HQ: New York, USA.
4.Amazon.com founder Jeff Bezos pledged $1 billion in new investments to help take small Indian businesses online by an initiative that will use Amazon’s global footprint to create $10 billion in Indian exports by 2025Amazon launched ‘Digital Haats’ for e-commerce in villages.
5.Groww has launched financial education initiative "Ab India Karega Invest", to bridge investors’ knowledge gap. As per the initiative, the Groww team will tour 52 select cities in 52 weeks & conduct conferences to explain the nuances of investing.Financial Stability Report is published by RBI.
6.Guatemala swore in Alejandro Giammattei, a conservative physician, as its new president. 63-year-old Giammattei won the presidency on his 4th attempt in August for Vamos, a party founded in 2017 by politicians, businessmen & military officers.Capital: Guatemala City; Currency: Guatemalan quetzal.
7.India skipper Virat Kohli was named captain of the International Cricket Council’s ODI & Test teams of the year. Apart from Kohli, Mayank Agarwal, opener Rohit Sharma, speedster Mohammed Shami & spinner Kuldeep Yadav found a place in the ODI side.Rohit Sharma was named ‘2019 ODI Cricketer of the Year’.
8.7th Conference of Commonwealth Parliamentary Association India Region began at the legislative assembly building in Lucknow, Uttar Pradesh. Lok Sabha Speaker Om Birla inaugurated the Conference. Theme of the conference is ROLE OF LEGISLATORS.U.P. Governor: Anandiben Patel.
9.To promote entrepreneurship in the Cyber Security startup ecosystem, Ministry of Electronics and IT & Data Security Council of India have launched Cyber Security Grand Challenge with a cash prize of Rs 3.2 crore to a startup doing breakthrough workMinister of State (E&IT): Sanjay Dhotre.
10.RBI has asked banks to allow only domestic card transactions at ATMs & PoS terminals in India at the time of issuance/reissuance of card. For new cards, it will be effective from 16 March 2020. These provisions, are not mandatory for prepaid gift cards.Users to have 24x7 access to switch ON/OFF transaction limits.
11.ICICI Bank has launched an API Banking portal, consisting of the max. no. of virtual APIs (application programming interfaces) clubbed by any Indian bank.The APIs are available across a variety of categories namely payments & collections like IMPS, UPI etc.Roy Fieldings, Invented API.
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