1.India, Germany to cooperate in skill development, river cleaning
India and Germany on Monday agreed to prepare a roadmap for cooperation in skill development, solid waste management and cleaning of rivers as visiting Foreign Minister Frank-Walter Steinmeier met Prime Minister Narendra Modi who described the two nations as “made for each other”.
During the meeting in New Delhi, Mr. Steinmeier conveyed Germany’s strong desire to work with the new government in India to further expand and deepen bilateral relations.
2. Jan Dhan Yojana opens a new door for RuPay gateway
As Pradhan Mantri Jan-Dhan Yojana (PMJDY), the financial inclusion scheme launched by Prime Minister Narendra Modi late last month notches up impressive numbers and expects to meet its 7.5 crore accounts target well within 100 days, payment gateway RuPay is experiencing a boost in fortunes.
Payment gateways are platforms that help banks facilitate electronic money transfers. India is only the fourth country in the world after the US, Japan and China to have its own national payment gateway, in RuPay.
With the PMJDY getting nearly 2.5 crore new bank accounts within seven days of launch, each account holder gets a RuPay debit card along with his/her account.
As a result, RuPay is notching up numbers.
3. Semi high-speed train runs on eight more routes by year-end
Following the successful trial run of a semi high-speed train between Delhi and Agra, railways is all set to replicate the exercise on eight more routes by the end of this year as it looks to reduce travel time for passengers.
The Railways has decided to introduce semi high-speed trains in nine sectors which would run at speeds of up to 160 kmph.
“We conducted the trial run at 160 kmph in the Delhi-Agra sector and it was successful. Similar trials will be conducted in the other identified sectors by this year end,” Railway Minister Sadananda Gowda said in New Delhi.
The trial of the semi high-speed train with 10 coaches was conducted in July and the first such service by the railways is expected to be introduced commercially by this November.
Besides Delhi-Agra, railways have identified eight more routes, including Delhi-Kanpur, Delhi-Chandigarh, Chennai- Hyderabad, Nagpur-Secunderabad and Mumbai-Goa, for which the service would be introduced.
4. Williams downs Wozniacki for sixth US Open title
World number one Serena Williams won her 18th Grand Slam title at last, overpowering Caroline Wozniacki 6—3, 6—3 to capture her sixth US Open crown.
The world number one, shut out in the first three majors of the year, ended a year of waiting as she joined Chris Evert and Martina Navratilova on 18 majors — trailing only the 22 of Steffi Graf on the Open era list and six behind the all-time record held by Margaret Court.
Williams, who turns 33 later this month, said the goal of an 18th Grand Slam had hung over her “because I was joining Chrissy and Martina, someone I never thought me, Serena Williams, would be in that name group.
5. Mumbai bids adieu to Ganpati
On the last day of Ganesh festival, thousands of devotees gathered on the roads for immersion of Ganesha's idols in sea in Mumbai on September 8, 2014.
The 10-day long Ganesh Utsav is celebrated with zeal and fervour across Maharashtra.
6. India slips to 62nd spot in effective stock market regulation ranking
Indian capital markets may be riding high on positive investor sentiments, but the latest report by World Economic Forum (WEF) shows that the country has plunged 35 places to 62nd rank in terms of effective regulation of the stock exchanges.
The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
South Africa is on the top followed by Finland, Hong Kong SAR, Luxembourg and Singapore in this category, says the report.
Besides, neighbouring countries Pakistan and China are also placed at a better position than India on the parameters at 51 and 58 positions, respectively.
7. Djokovic out of Serbia's Davis Cup clash with India
World number one Novak Djokovic will miss Serbia's Davis Cup World Group playoff tie against India in Bangalore next weekend, the Balkan nation's coach Bogdan Obradovic said on Monday.
1.India, Germany to cooperate in skill development, river cleaning
India and Germany on Monday agreed to prepare a roadmap for cooperation in skill development, solid waste management and cleaning of rivers as visiting Foreign Minister Frank-Walter Steinmeier met Prime Minister Narendra Modi who described the two nations as “made for each other”.
During the meeting in New Delhi, Mr. Steinmeier conveyed Germany’s strong desire to work with the new government in India to further expand and deepen bilateral relations.
2. Jan Dhan Yojana opens a new door for RuPay gateway
As Pradhan Mantri Jan-Dhan Yojana (PMJDY), the financial inclusion scheme launched by Prime Minister Narendra Modi late last month notches up impressive numbers and expects to meet its 7.5 crore accounts target well within 100 days, payment gateway RuPay is experiencing a boost in fortunes.
Payment gateways are platforms that help banks facilitate electronic money transfers. India is only the fourth country in the world after the US, Japan and China to have its own national payment gateway, in RuPay.
With the PMJDY getting nearly 2.5 crore new bank accounts within seven days of launch, each account holder gets a RuPay debit card along with his/her account.
As a result, RuPay is notching up numbers.
3. Semi high-speed train runs on eight more routes by year-end
Following the successful trial run of a semi high-speed train between Delhi and Agra, railways is all set to replicate the exercise on eight more routes by the end of this year as it looks to reduce travel time for passengers.
The Railways has decided to introduce semi high-speed trains in nine sectors which would run at speeds of up to 160 kmph.
“We conducted the trial run at 160 kmph in the Delhi-Agra sector and it was successful. Similar trials will be conducted in the other identified sectors by this year end,” Railway Minister Sadananda Gowda said in New Delhi.
The trial of the semi high-speed train with 10 coaches was conducted in July and the first such service by the railways is expected to be introduced commercially by this November.
Besides Delhi-Agra, railways have identified eight more routes, including Delhi-Kanpur, Delhi-Chandigarh, Chennai- Hyderabad, Nagpur-Secunderabad and Mumbai-Goa, for which the service would be introduced.
4. Williams downs Wozniacki for sixth US Open title
World number one Serena Williams won her 18th Grand Slam title at last, overpowering Caroline Wozniacki 6—3, 6—3 to capture her sixth US Open crown.
The world number one, shut out in the first three majors of the year, ended a year of waiting as she joined Chris Evert and Martina Navratilova on 18 majors — trailing only the 22 of Steffi Graf on the Open era list and six behind the all-time record held by Margaret Court.
Williams, who turns 33 later this month, said the goal of an 18th Grand Slam had hung over her “because I was joining Chrissy and Martina, someone I never thought me, Serena Williams, would be in that name group.
5. Mumbai bids adieu to Ganpati
On the last day of Ganesh festival, thousands of devotees gathered on the roads for immersion of Ganesha's idols in sea in Mumbai on September 8, 2014.
The 10-day long Ganesh Utsav is celebrated with zeal and fervour across Maharashtra.
6. India slips to 62nd spot in effective stock market regulation ranking
Indian capital markets may be riding high on positive investor sentiments, but the latest report by World Economic Forum (WEF) shows that the country has plunged 35 places to 62nd rank in terms of effective regulation of the stock exchanges.
The country, last year, stood at the 27th spot for effective regulation and supervision of securities exchanges.
South Africa is on the top followed by Finland, Hong Kong SAR, Luxembourg and Singapore in this category, says the report.
Besides, neighbouring countries Pakistan and China are also placed at a better position than India on the parameters at 51 and 58 positions, respectively.
7. Djokovic out of Serbia's Davis Cup clash with India
World number one Novak Djokovic will miss Serbia's Davis Cup World Group playoff tie against India in Bangalore next weekend, the Balkan nation's coach Bogdan Obradovic said on Monday.
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