PM launches BHIM Aadhaar interface for making payments

  • The Prime Minister Narendra Modi has launched the BHIM-Aadhaar service which enabled every Indian citizen to pay digitally just with their thumb impression, in Nagpur (Maharashtra).
  • He also unveiled Referral Bonus and Cash Back schemes to further incentivise digital transactions.
  • Now, every person they introduce to the BHIM app, will get a cash back of Rs. 10 from “14th April to 14th October”.
  • PM Modi also awarded the Mega Draw Winners of Lucky Grahak and Digi Dhan Vyapar schemes aimed at popularizing Digital Payments.
  • 91,000 merchants won Rs. 59 crore in rewards and 15 lakhs 78 thousand consumers won rewards worth Rs. 197 crore.

  • The Aadhaar-linked BHIM mobile app is based on the Unified Payment Interface Developed by National Payments Corporation of India.
  • This will facilitate the process of digital payments by using the Aadhaar number linked to bank account.
  • It will allow every Indian citizen to transact digitally using their thumb imprint on a merchants’ biometric-enabled device.

India's exports jumps 27.6% in March

  • According to Commerce and Industry Ministry, India's exports grew by 27.6% to 29.23 billion dollars in March this year as compared to same period in last year.
  • It grew on account of the robust performance by sectors like petroleum, textiles, engineering goods and gems and jewelry.
  • Exports witnessed a growth of 4.71% at 274.64 billion dollars against 262.3 billion in 2015-16.
  • A huge spike in gold imports pushed the trade deficit to 10.43 billion dollars during the month under review from 4.4 billion dollars a year ago.

IRDAI launches web portal for insurers

  • The IRDAI (Insurance Regulatory and Development Authority of India) has launched a web portal '' for insurers that will allow them to register and sell policies online.
  • The portal also open to intermediaries in the insurance business.
  • Earlier, IRDAI had issued guidelines on e-commerce for the insurance sector, insurance companies, brokers, and corporate agents can sell and service insurance policies through this platform.

Note: The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India.

Forex reserves down USD 956.4 mn to USD 368.998 bn

  • According to the Reserve Bank said(RBI), India's foreign exchange reserves declined by USD 956.4 million to USD 368.998 billion for the week ended April 7 due to fall in foreign currency assets.
  • The Foreign currency assets (FCAs) dipped by USD 951 million to USD 345.367 billion in the reporting week.
  • Gold reserves remained unchanged at USD 19.869 billion.
  • The special drawing rights with the International Monetary Fund were down by USD 3.1 million to USD 1.443 billion.

Former J&K Governor Girish Chandra Saxena passes away

  • Former Governor of Jammu and Kashmir (J&K) Girish Chandra Saxena (90-year) passed away in new Delhi.
  • Saxena was an Indian Police Service (IPS) officer of the 1950-batch from the Uttar Pradesh cadre.
  • He served two terms as the governor of Jammu and Kashmir.
  • Saxena also served as the head of Research and Analysis Wing Director between 1983-86, and also as an advisor to former Prime Minister Rajiv Gandhi.

101 nationalities breakfast to break 'Guinness world record'

  • Gurudwara ‘Guru Nanak Darbar’ in Dubai has broken the world record for serving free breakfast to the maximum number of people from diverse nationalities on 'Baisakhi'.
  • Around People 101 nationalities people and over 600 people have participated in the 'Breakfast for Diversity' an hour-long event to create the new record.
  • Gurdwara broke the previous record of 55 nationalities having a continental breakfast, organized by Nutella at the Milan Expo in Italy in 2015.

Himachal Pradesh bags ‘Krishi Karman Award 2015-16’

  • The Union Ministry of Agriculture has selected Himachal Pradesh for the ‘Krishi Karman Award 2015-16’ for the commendable increase in food grains production.
  • The total food grains production has increased from 14.94 lakh ton to 16.34 lakh ton in last five years.
  • Earlier, The Himachal Pradesh state was also conferred the ‘Krishi Karman Award for 2011-12’ for the increase in wheat production and in 2014-15 for increasing food grains production.

Fully-airconditioned Dhaka-Kolkata Maitree Express inaugurated

  • The Railways Minister of Bangladesh 'Mazibul Hoque' and Indian High Commissioner 'Harsh Vardhan Shringla' has inaugurated a fully-airconditioned Dhaka-Kolkata Maitree Express train in Dhaka, Bangladesh.
  • A total of 456 passengers will now be able to travel in the comfort of air-conditioned coaches, with four of them belonging to the first-class.
  • The frequency of this express train had also been increased from three to four times a week from 11th November last year.

UP govt. & Centre sign MoU for 'Power for All' scheme

  • The Uttar Pradesh (UP) government and the union govt. have signed a Memorandum of Understanding (MoU) for the 'Power for All' scheme in the state to ensure that consumers get quality electricity at an affordable price.
  • The aim of this scheme is to ensure 24-hour quality power supply in the state by October 2018 and electric connection to every house and agriculture field by 2019.
  • The project will cost above rupees 40 thousand crores out of which 20 thousand crores will be spent till 2018.
  • These appliances are made on high technology of energy saving and will help in providing 'Power for All'.

Chandrababu Naidu launches CM Connect app

  • The Chief Minister of Andhra Pradesh N. Chandrababu Naidu has launched a new mobile app 'CM at Velagapudi.
  • The app runs on Microsoft’s Kaizala platform.
  • The app will be useful in receiving feedback from the public directly on any given issue.

Haryana launched Operation Durga to ensure women Safety

  • The Haryana government has launched ‘Operation Durga’ to ensure women safety in the state.
  • ‘Operation Durga’ has been launched so that ‘flying squads patrol those areas where such anti-social elements committed crimes against women.
  • Flying Squad will visite public places such as schools, colleges, bus stands and railway stations and caught persons indulging in crime activities against women like eve-teasing, stalking, harassment and other such activities.

Jharkhand police initiates Tare Zameen Par program for underprivileged kids

  • The Jharkhand Police has initiated ‘Tare Zameen Par program’ to enlighten children in Naxal-affected areas in the Palamau district, Jharkhand.
  • This program is aimed to restore confidence in the state police force and to encourage children to lead happy lives.
  • The state police appealed the locals to donate bags, shoes, books and clothes to improve the basic amenities of the children in the Naxal-affected areas.

Pankaj Advani beats Sourav Kothari to win Asian Billiards Championship title

  • The ace cueist ‘Pankaj Advani’ (31-year) has won his sixth Asian Billiards title and seventh overall Asian championship.
  • He defeated compatriot Sourav Kothari 6-3 to clinch the Asian Billiards Championship title in Chandigarh.
  • It is Pankaj Advani's seventh Asian title.
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