Omnicard becomes 1st RBI licensed PPI (Prepaid Payment Instrument) to introduce cash withdrawal.

  • OmniCard has announced that it became the 1st RBI licensed PPI (prepaid payment instrument) to launch cash withdrawal using a RuPay-powered card from any ATMs across the country.
  • The move came in after RBI permitted the non-bank licensed entities to enable cash withdrawals from the digital wallets.
  • Sanjeev Pandey, OmniCard Co-Founder and CEO said that they provide an alternative platform for users to keep their bank account safe where savings are stored from cyber frauds using digital wallets linked with Rupay Card and UPI.

Host state Haryana won the title of Khelo India Youth Games 2021.

  • Haryana has won the title of Khelo India Youth Games 2021.
  • Host state Haryana has won the Khelo India Youth Games (KIYG) 2021 title with 52 gold medals.
  • Haryana won 39 silver and 46 bronze medals, taking their total medal tally to 137 medals - the most medals won by any state.
  • Maharashtra finished second with 125 medals, winning 45 gold, 40 silver and 40 bronze medals.
  • Karnataka finished third with 67 medals with 22 gold, 17 silver and 28 bronze.
  • This is Haryana's second Khelo India Youth Games title.
  • Haryana won the inaugural title in 2018 but finished second behind Maharashtra in the next two seasons.

India's 1st display plant announced to set up in Telangana.

  • Jeweller Rajesh Exports has to invest $3 billion in Telangana to set up the country's 1st electronic-display plant.
  • The Telangana government signed an MoU with Karnataka-based Elest for the proposed fabrication unit which will manufacture next generation displays for smartphones, tablet computers, and laptops.
  • Karnataka-based Elest was incorporated for the purpose of manufacturing innovative technology products such as AMOLED displays, Lithium-ion cells, batteries and electric vehicles, among others.
  • The proposed investment of Elest is one of the largest investments in India’s electronics sector and the largest-ever investment by size into Telangana.

XPay.Life Launches India's 1st Blockchain-Enabled UPI Services to Make Financial Services Accessible in Rural Areas.

  • Fintech startup XPay.Life, which claims to be India’s first blockchain-enabled transaction framework, launched its UPI services targeted at rural India, as it completes three years of operations.
  • XPay.Life aims to make financial facilities accessible for people in rural areas who need financial support the most.
  • The launch of its UPI services is expected to benefit XPay.Life’s 4 million consumers across more than 15 states and 1 lakh villages.
  • XPay.Life’s major focus has been to reach out to unbanked and financially excluded customers of India; especially those in rural India.

Indian weightlifter Sanapati Gurunaidu won the gold medal in the men's 55 kg event at the IWF Youth World Championships.

  • Indian weightlifter Saanapathi Gurunaidu clinched Gold medal in men's 55 kilogram event at the IWF Youth World Championships in Leon, Mexico.
  • Saanapathi won Gold medal in men's 55 kilogram event with total lift of 230 kilogram.
  • He lifted 104 kilogram in Snatch winning Silver while 126 kilogram lifting in Clean and Jerk to finish on the top to grab the Gold medal.
  • Two other Indian weightlifters Vijay Prajapati and Akansha Kishor Vyavhare clinched silver medals on the opening day of the event.

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