15th  Indo-US Economic Summit 2019 under the aegis of Indo-American Chamber of Commerce- North India Council (IACC-NIC) held in New Delhi

15th Indo-US (United States) Economic Summit 2019 organized by the Indo-American Chamber of Commerce- North India Council (IACC- NIC) held in Hotel Hyatt Regency, New Delhi. Defence minister Shri Rajnath Singh was the chief guest of the summit.

World Bank to provide Rs 3,000 crore aid for food parks
Minister of State in the Ministry of Food Processing Industries, Rameswar Teli stated that the World Bankhas approved to sanction Rs 3,000 crore to grant mini and mega food parks across India, particularly in Northeast so that processing of grains produced by farmers is done optimally, and help promote farmers’ income.



NPCI reduced merchant discount rate on RuPay Debit Card to 0.60 % on transactions above Rs 2,000

An umbrella organization for operating retail payments and settlement systems, National Payments Corporation of India (NPCI) has rationalized merchant discount rate (MDR) on transactions with RuPay debit cards. The new rate will be effective from 20 October 2019.
About NPCI:
♦ Headquarters: Mumbai
♦ Founded: 2008
♦ MD and CEO: Dilip Asbe

Overview of union minister of finance & corporate affairs Smt. Nirmala Sitharaman’s presentation on measures to boost economic growth

Union minister of finance & corporate affairs Smt. Nirmala Sitharaman made another presentation on the measures to boost economic growth. Earlier the announcements were made on August 23 and 30, 2019 regarding the series of measures to enhance economic growth of India.

A mega shopping festival similar to the world-famous Dubai Shopping Festival, will be conducted at 4 places in India in March 2020 on themes of gems and jewellery, handicraft/yoga/tourism, textiles and leather.

The US becomes the world’s top oil exporter surpassing Saudi Arabia and Russia

The International Energy Agency (IEA) notified that the United States (US) became the top oil exporter in the world by overtaking Saudi Arabia and Russia. In June 2019, crude exports grew above 3 million barrels per day (bpd) in the US.

About IEA:
 Established: November 1974
 Headquarters: Paris, France

Infosys co-founder Kris Gopalakrishnan to head expert panel to examine non-personal data regulation

Ministry of Electronics and Information Technology (Meity) has framed an 8-membered high-level panel headed by Infosys co-founder Kris Gopalakrishnan to study issues related to non-personal data and suggest the ways to regulate non-personal data.



India won ACC U-19 Asia Cup 2019 by beating Bangladesh 

India won ACC (Asian Cricket Council) Under-19 Asia Cup 2019 by beating Bangladesh for 5 runs. The final was held at R. Premadasa International Stadium, Colombo, Sri Lanka.This was India’s seventh triumph in the continental tournament for junior cricketers.

India to host 2020 FIFA Women’s U-17 World Cup from Nov 2-21, 2020

The biennial international women’s youth football championship, 2020 FIFA Women’s Under-17 World Cup, will be held in India from November 2-21, 2020. It will be the 7th edition and India will host the FIFA women’s football tournament for the first time. In the football tournament,  16 national teams of the member associations of Fédération Internationale de Football Association (FIFA) are expected to participate.



23rd Session of the UNWTO General Assembly for 2019 held in Saint Petersburg, Russia

The 23rd session of the United Nations World Tourism Organization’s (UNWTO) General Assembly for 2019 was held in Saint PetersburgRussia from September 9-13, 2019. UNWTO is the leading international organization in the field of tourism.


Overview of Key Parliamentary Panels and their heads

The Central government has announced the constitution of various parliamentary panels and standing committees for the newly constituted 17th Lok Sabha.
The complete list is as follows:

S.NoPanel NameHeadKey members
1Home AffairsAmit Shah.Anand Sharma, Sarmistha Sethi, Jamyang Tsering Namgyal
2Financial AffairsJayant SinhaPinaki Mishra, Amar Patnaik, Digvijaya Singh

Jual Oram

Rahul Gandhi, Nitish Ganga Deb, Rajashree Mallick, Sanjay raut,Abhishek manu singhvi,Prem chand gupta
4External affairsP P ChoudharyAchyuta Samanta, P Chidambaram, Jaya Bachchan
5Personnel, Public Grievances, Law and Justice.Bhupender YadavSuresh Pujari
6Coal and SteelRakesh SinghBasanta Panda, Prashanta Nanda
7Petroleum &Natural GasRamesh BidhuriChandra Sekhar Sahu , Ahmed patel
8 Social Justice and EmpowermentRama DeviMenaka Gandhi, Hans raj,Supriya sule
9Human Resource DevelopmentSatynarayan JatiyaChandrani Murmu, Sasmit Patra
10IndustryK Keshava Rao 
11Urban DevelopmentJagadambika PalAparajita Sarangi,Gautam gambir, Hema malini,MJ akbar
12Water ResourcesSanjay Jaiswal 
13CommerceV Vijayasai ReddyManjulata Mandal
14LabourBhartruhari MehtabVarun Gandhi
15EnergyRajiv Ranjan 
16Rural DevelopmentPrataprao Jadhav 
17Chemicals and FertiliserM KanimozhiBishweswar Tudu, Ranjib Biswal
18RailwaysRadha Mohan SinghSangeeta Kumari Singh Deo, Anubhav Mohanty,Farooqabdullah, Pragya Sigh Takur
18AgricultureP C GaddigoudarRam kirpal yadav,Afzal ansari,Mulayam singh yadav
19Transport, Tourism and CultureT G VenkateshRamesh Majhi and Prasanna Acharya, Sumalatha Ambareesh
20Food Consumer Affairs and PDS.Sudhip BandhyopadhyayPramila Bisoyi, Saptagiri Ulaka, MC mary kom, Bhagawant mann
21Science and Technology and Environment and ForestsJairam RameshN Bhaskar Rao and Ashwini Vaishnav

Thought of the Day.

The thoughts, attitudes, and emotions of an athlete can impact on the success experienced on the track, field, pitch or court.

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