1) Payments
Corporation developed unified payment interface for mobile banking:
--> National Payments Corporation of
India (NPCI), the umbrella organisation for retail payment system in India, has
taken up the initiative of implementing ‘unified payment interface’ to simplify
and provide a single interface across all systems.
--> “The new interface is designed to
enable all account holders to send and receive money from their smartphones
with a single identifier – Aadhaar number, mobile number, virtual payments
address – without entering any bank account information,” NPCI said at a
conference.
--> The unified payment interface will
make possible paying and receiving payments as easy as swiping a phone book
entry and making a call on mobile phone.
2) PM
Modi inaugurated Aero India 2015:
--> Prime Minister Narendra Modi on 18
February 2015 inaugurated Aero India 2015 in Bengaluru and made a strong pitch
for increasing defence preparedness.
--> Aero India is a biennial event held
at the Air Force Station Yelahanka (Bengaluru) during February.
--> The organizer of Aero India is
Defence Exhibition Organisation (DEO), an arm of the Ministry of Defence and
Defence Research and Development Organisation (DRDO).
3) Foreign
Secy included in Space Commission:
--> For the first time, the Foreign
Secretary has been made a member of the Space Commission, which was reconstituted
last week following the appointment of a new chairman of the Indian Space
Research Organisation (ISRO).
--> The Space Commission is the highest
policy-making body for matters related to space exploration in INdia and is
headed by the chairman of ISRO.
4) Legendary
filmmaker Ramanaidu died:
--> Legendary film producer Daggubati
Ramanaidu (79) passed away in Hyderabad on 18 February 2015.
--> He produced over 150 films in most
of the Indian languages with Telugu topping the list.
--> Considered as an icon of film
industry, he introduced several film personalities through his Suresh
Productions.
--> Recipient of Dada Saheb Phalke Award
for lifetime achievement in 2009 and also Padma Bhushan in 2012 in recognition
of his contribution to Indian cinema, Ramanaidu also holds the record for
producing highest number of films in the world.
5) Snapdeal
acquired luxury goods portal Exclusively:
--> Online marketplace Snapdeal has
acquired luxury fashion portal Exclusively.com for an undisclosed amount.
--> With this acquisition, the
city-based firm that gets a little over $1 billion in gross merchandise value
(GMV) from its fashion business expects this figure to touch $2 billion by the
end of the current calendar year.
6) Airtel,
UNICEF pact to provide education content in Africa:
--> Bharti Airtel has partnered with
UNICEF to provide health, education and youth-focussed content to its customers
in 17 African countries.
--> The company said this partnership
aims at improving African population's access to health and education-related
information whilst pushing forward various innovative projects supported by
UNICEF.
7) Delhi
airport ranked best by Airport Council International:
--> Delhi Airport has been adjudged the
best, among the world's most performing airports in the 25-40 million
passengers per annum category by the Airport Council International (ACI), with
Mumbai Airport also figuring in the top five list.
--> Indira Gandhi International Airport
won the annual Airport Service Quality (ASQ) award, which recognises and
rewards the best airports in the world based on Geneva-based ACI's ASQ
passenger satisfaction survey.
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