President Pranab Mukherjee conferred with highest civilan award of Ivory Coast.

He has been awarded the highest civilian award of Ivory Coast, ‘the National Grand Crois’.

The award was bestowed upon Pranab Mukherjee during his two days visit to Ivory Coast on the second leg of his three-nation African tour.

His visit is the first ever high-level visit from India to Ivory Coast.

He was invited by Ivory Coast President Alassane Ouattara.

Union Cabinet approves merger of subsidiaries of SBI into State Bank Group.

This is the first move to consolidate the country’s struggling public sector banks.

The merged entity will create a banking giant, which can compete with the largest in the world with an asset base of almost Rs 37 lakh crore, with 22,500 branches and 58,000 ATMs as on December 2015.

Banks to be merged with SBI are : State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore- and Bharatiya Mahila Bank Ltd

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SBI alone has close to 16,500 branches, including 198 foreign offices spread across 36 countries.

India to provide financial assistance of Rs. 48 mn for college building in Nepal.

India has pledged a financial assistance of Rs 48.84 million to Nepal for the construction of a college building in the capital Kathmandu.

This Koteshwor Multiple Campus was established in 1990.

Jal marg Vikas Project on river Ganga to enable commercial navigation.

It will cover a distane of around 1620 Kms between Allahabad and Haldia.

The project is being implemented with technical and investment support from World Bank and would be completed over a period of six years at an estimated cost of 4200 crore rupees.

Union Govt launched Scheme for 1000 MW CTU connected Wind Power Project

CTU stands for “Central Transmission Utility”.

Objective : To facilitate the supply of wind power to the non-windy states at a price discovered through the transparent bidding process.

An agreement signed by Railway ministry with Odisha Govt for railway infrastucture development.

A K Mittal, member engineering, Railway board presided over the signing function.

The agreement was signed by V. P Dudeja, ED/Works on behalf of Ministry of Railways and Sanjay Rastogi, Pr. Secretary/ Transport, Govt. of Odisha.

Haryana Govt gaves it approval for an agriculture project worth Rs. 25 Crore

The project will benefit around 75000 farmners in state.

The decision has been taken by the state level steering committee, which met under the chairmanship of Chief Secretary D S Dhesi.

Aadhar enables ATM launched by DCB Bank in Bengaluru

It is first such ATM that accept Aadhar number and Aadhar fingerprint (biometric) instead of ATM/Debit Card and PIN to dispense cash.

The “cardless and PIN less” ATM was launched by former Chairman of the Unique Identification Authority of India, Nandan Nilekani.

Florida Bank issues first US credit card for use in Cuba

Until now, Americans have generally had to bring cash to Cuba and change it either at state institutions that impose a 10 percent penalty on the dollar or in informal exchanges with locals.

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But now, with the help of this card, no one has to use cash every day, which is dangerous too.

DBS Bank India appointed Niraj Mittal as MD and Head of institutional Banking for the country

Prior to this appointment, he was working with the Royal Bank of Scotland NV (RBS), where he served  as its Managing Director and Head of institutional banking business (North India).

Peter Thomson elected as President of 71st session of UN General Assembly

In the secret ballot election for the post, Peter Thomson defeated Andreas Mavroyiannis of Cyprus by 94 to 90 votes, with one abstention.

With this, Peter Thomson becomes the first representative from the Pacific island states to get elected for the largely honorific post in the UN’s 71-year history.

Gunit Chadha quit Deusche Bank as Asia Chief Executive.

He would leave the company on 17th of July next month.

At present, he is handling 16 countries which include, India, China in Asia Pacific.

Renowned hindi writer Mudrarakshasa passed away. He was 82

He was the editor of Anuvrata, a Calcutta-based magazine.

He worked as Editor at All India Radio from 1962 to 1976.

India all set to make debut in U17 Fustal World Cup

The competition, among futsal’s biggest global events, is to be held from July 11-20 in Paraguay, with India one among a total of 12 competing countries.

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The team which will take part in U17 Futsal World Cup will be chosen through a selection process which will be organised by Futsal Association of India (FAI) which is the AMF-accredited governing body for futsal in the country.

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