NCRTC present the 1st coach of rapid rail of India for the Delhi-Meerut corridor.

  • The coaches for the Delhi-Meerut Rapid Rail Corridor were launched by the National Capital Regional Transport Corporation (NCRTC).
  • In the coming months, deliveries of these semi-high-speed aerodynamic trains with dispersed power will begin.
  • A total of 210 cars will be delivered from the Savli Manufacturing Factory for the first Regional Rapid Transit System corridor.
  • It consists of trainsets providing regional transit services on the Delhi-Ghaziabad-Meerut line as well as local transit services in Meerut.
  • In the present year, the NCRTC will start the trial runs on the Delhi-Ghaziabad-Meerut RRTS corridor’s Priority Section.

36th edition of the International Geological Congress to be held in New Delhi.

  • The 36th International Geological Congress (IGC), themed Geosciences: The Basic Science for a Sustainable Future will be held here during 20-22 March, 2022 on a virtual platform.
  • The 36th IGC is a joint endeavour of the Ministry of Mines, Ministry of Earth Sciences, Indian National Science Academy and the Science Academies of Bangladesh, Nepal and Sri Lanka.
  • The event would provide a unique platform for knowledge and experience sharing in the field of geosciences and professional networking.
  • It would give first-hand information on latest technologies in mining, mineral exploration and management of water, mineral resource and environment.
  • It would also facilitate increased academic production and create opportunities for capacity building across geoscientific streams.

Deloitte’s Global Powers of Retailing 2022: Reliance Retail ranked 56th.

  • According to the global consulting firm Deloitte’s report titled Global Powers of Retailing 2022: Resilience Despite Challenges.
  • The Indian brand, Reliance Retail, ranked 56th on the Top 250 list based on the retail revenue growth for FY2020.
  • Walmart Inc., an American multinational retail corporation, tops the list, followed by Amazon, Inc., Costco Wholesale Corporation, Schwarz Group, and The Home Depot, Inc.

Axis Bank bags IFR Asia 2021 Asian Bank of the Year Award.

  • Axis Bank, India’s third-largest private sector bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space.
  • The bank was awarded for its outstanding performance in equity and debt issuance, across all major products and segments.
  • Top three global IFR Asia Award for 2021
    • Bank of the year: Morgan Stanley
    • Asian Bank of The Year: Axis Bank
    • Issuer of the year: JSW Group

Mahila Money, Visa, and Transcorp launched Prepaid Card for Women Entrepreneurs.

  • The digital payments network Mahila Money, Visa, and Transcorp Prepaid Payment Instruments (PPI) have launched Mahila Money Prepaid Card.
  • It is to help women entrepreneurs easily collect payments, loans and get incentives for transactions.
  • The prepaid card has been designed keeping in mind the needs of digital entrepreneurs, small business owners and women.
  • The card is for community members who want the convenience of a bank account with added flexibility, safety and convenience.
  • This collaboration will pave the way to economic freedom and financial inclusion for millions of women entrepreneurs.

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