SBI Hikes Fixed Deposit Interest Rates
Country’s largest bank State Bank of India has increased fixed deposit or FD rates for some select maturity periods. According to the revised rates, SBI is offering 6.8% interest rate on FDs with maturity period of one to two years, as compared to 6.7% earlier. The interest rate for senior citizens also goes up to 7.30% on SBI FDs with tenure between one year and two years, from 7.2% earlier.
Similarly, SBI has hiked interest rate on FDs with maturity period between two years and three years. SBI is now offering 6.80% as compared to 6.75% earlier. The interest rate for senior citizens also goes up to 7.30% on SBI FDs with tenure between two years and three years, from 7.25% earlier. SBI has kept interest rate unchanged for FDs with other maturity tenures.
Arvind Saxena Appointed As UPSC Chairman
Arvind Saxena has been appointed as the new Chairman of Union Public Service Commission. UPSC is the institution responsible for conducting examination for selection bureaucrats, diplomats and police officers. Saxena will be serving in the office till August 7, 2020, when he attains the age of 65 years.
Prior to this, he has been working as the acting head since June 20, 2018. He joined UPSC back in May 2015. Earlier, he has also worked as Director of the Aviation Research Centre (ARC).
LG Appoints Brian Kwon As Mobile Business President
LG Electronics has announced that it has appointed Brian Kwon as the new president. He is replacing Hwang Jeong-hwan after one year.
Brian Kwon is head of LG's home entertainment business, from December 1. It comes after LG's mobile business posted a loss of $410 million this year, including a $130.5 million net loss in the last quarter.
Azim Premji Conferred Highest French Civilian Honour
French Ambassador to India Alexandre Ziegler will confer global software major Wipro Chairman Azim Premji with the highest French civilian award Chevalier del la Legion d'Honneur (Knight of the Legion of Honour) on Wednesday here, said its consulate on Tuesday.
"The award is in recognition of Premji's contribution to developing the IT (Information Technology) industry in India, his economic outreach in France and his contribution to society as a philanthropist through the Azim Premji Foundation and University," said the consulate in a statement here.
IFFI 2018: Donbass Wins The Golden Peacock
Donbass directed by Sergei Loznitsa has won the coveted Golden Peacock Award at the 49th International Film Festival of India (IFFI), which concluded in Goa on November 28, 2018.
The Golden Peacock Award carries a cash prize of Rs 4 million (Rs 40 lakhs) to be shared equally between the Producer and the Director, Trophy and the citation.
Government Launches Bhasha Sangam
The government has launched a unique initiative called Bhasha Sangam to introduce school students to 22 Indian languages. The initiative, under Ek Bharat Shreshtha Bharat, was active for the period between 22nd November - 21st December.
Bhasha Sangam is a programme for schools and educational institutions to provide multilingual exposure to students in Indian languages. Another objective of Bhasha Sangam is to enhance linguistic tolerance and respect and promote national integration.
Himachal Pradesh First State To Launch Single Emergency Number '112'
Himachal Pradesh has became first Indian state to launch a single emergency number "112". This will connect to police, fire, health and other helplines through an Emergency Response Centre in the state.
Under this project, an Emergency Response Centre (ERC) has been established in Shimla along with 12 district command centres (DCCs), covering the entire state. Union Home Ministry statement stated that Ensuring safety of women, 'SHOUT' feature has been introduced in '112 India' mobile app to seek immediate assistance from registered volunteers.
India, China Ink Protocol On Hygiene & Inspection Requirements For Exports
India and China have signed a protocol on hygiene and inspection requirements for the exports. The commerce ministry stated in a statement that a protocol on hygiene and inspection requirements for the exports was signed in New Delhi during the visit of Chinese Vice Minister, General Administration of Customs of China Hu Wei who was leading a six-member delegation to India.
The move would enable India to commence export of fish meal and fish oil to China. The neighbouring country has so far not allowed these exports by India.
India-United Kingdom Exercise KONKAN-18 Held At Goa
Dehradun Airport To Be Renamed After Atal Bihari Vajpayee
The Uttarakhand government has decided to rename the Dehradun airport after former prime minister Atal Bihari Vajpayee.
The proposal to rename the Jolly Grant airport after Atal Bihari Vajpayee was approved by the state cabinet at a meeting chaired by Chief Minister Trivendra Singh Rawat.
