1.Some private banks have decided to levy a certain amount on customers,who do cash transactions beyond a specified limit or beyond number of free transactions.The move is taken by banks to encourage digital transactions in the country and to create less cash economy.HDFC bank has begun charging a minimum amount of Rs 150/Transaction for cash deposits and withdrawls beyond 4 free transactions in a month.The new Charges would apply to both savings as well as salary accounts.The bank would also cap the 3rd Party transactions at 25000 per day,while cash handling charges would be with drawn.The charges are limited to cash transactions at a branch and not through ATMs.
2.Online travel portal Yatra announced that they have signed up Madhya Pradesh government to jointly promote home stays in the region.
3.Finnish telecom equipment Nokia and telecom service provider Bharati Airtel announced a creation of a strategic road map for network evolution to the 5G technology,Standard Internet of things enabled devices.The 5G technology promises to enable Dramatic improvements in Peak data speeds,network latency and Agility as well as the ability to enable new capabilities such as network sharing.
4.The first southern social science congress on Social Science:New Paradigms towards sustainable and prospective future will be held from March 2013 to 25 in Hyderabad.
5.The Defence Research Organisation(DRDO) successfully carried out a test of an interceptor missile,further validating the reliability if the under development,2 layered Ballistic Missile Defence(BMD) in shooting down enemies.The missile which can intercept Missiles at ranges of 15-30 km.
6.DRDO signed a technology transfer agreement with Jindal Stainless (Hisar)Ltd (JSHL) for manufacturing High nitrogen steel(HNS).
7.Telecom Secretary JS Deepak named India's next ambassador to World Trade Oraganisation from June this year.
8.In a further push to promote a less cash economy,the government has asked all the banks to provide mobile banking facility to all customers by March 31.IT secretary Aruna Sundararajan.
9.Singer Rihanna has been honoured with the 2017 Harvard Humanitarian of the year award for her Intercultural and Race Relations for her work in her native island of Barbados and the charities she have founded over the years.
