Page-24 of Current Affairs - August, 2018

MOPAD: SBI launches unified payment terminal

India’s largest bank State Bank of India (SBI) has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments convenience of merchants and consumers. It aims at providing digital convenience to customers and ease of doing business for merchants ..

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AIIA inks MoU IIT Delhi to boost research in traditional medicine

All India Institute of Ayurveda (AIIA), a premier institute of Ayurveda under the AYUSH Ministry has signed Memorandum of Understanding (MoU) with IIT Delhi to boost research in traditional medicine and streamline hospital care facilities in the country. Key Facts ..

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Pradhan Mantri Krishi Sinchayee Yojana: Government, NABARD and NWDA ink revised MoA for 99 projects

Union Government, NABARD and National Water Development Agency (NWDA) have signed revised Memorandum of Agreement (MoA) for funding of central share of 99 prioritized irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) through Long Term Irrigation Fund (LTIF). Key ..

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Government sets up GoM headed by Suresh Prabhu to decide on RCEP talks

Union Government has constituted four-member Group of Ministers (GoM) headed by Union Minister of Commerce and Industry Suresh Prabhu to decide on 16-member Regional Comprehensive Economic Partnership (RCEP) negotiations. It was constituted to advise Prime Minister on whether to continue ..

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Restricted Area Permit eased for foreigners visiting 29 Andaman and Nicobar Islands

The Union Home Ministry has excluded 29 inhabited islands in Andaman and Nicobar from Restricted Area Permit (RAP) regime under the Foreigners (Restricted Areas) Order, 1963 till December 2022. This decision aims to increase footfalls and promote tourism. Government is ..

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Government raises import duty on 328 textile products to curb imports

Government has doubled import duties on 328 textile products to 20% from existing rate of 10% under Section 159 of the Customs Act, 1962.  Earlier in July 2018, Government had doubled import duty on over 50 textile products — including ..

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Earth at risk of becoming irreversible hothouse: Study

According to recent study, earth is at the risk of entering an irreversible hothouse condition – where the global temperatures will rise by four to five degrees even if targets under 2015 Paris climate deal are met. Hothouse Earth climate ..

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Tokyo 2020: First Olympics to deploy facial recognition technology to increase security

Tokyo 2020 will be first Olympics to use facial recognition technology to increase security around all venues. For this, games organisers have partnered with Japanese telecommunications and information technology giant NEC to develop the first system of this kind to ..

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