Point 5140 at Drass in Kargil Sector named as "Gun Hill".

  • To commemorate the victory of the Indian Armed forces during the Kargil War, the Point 5140 at Drass in Kargil Sector was renamed as Gun Hill.
  • The Regiment of Artillery, with lethal and accurate firepower, was able to have a telling effect on the enemy troops and their defences.
  • On July 26, 1999, the Indian Army announced the success of Operation Vijay.
  • Kargil Vijay Diwas observed annually on 26 July.

Indian Oil, NTCA sign MoU for transcontinental relocation of "cheetah".

  • Indian Oil has signed an MoU with National Tiger Conservation Authority (NTCA) for transcontinental relocation of Cheetah in its historical range in India.
  • Indian Oil will also contribute Rs.50.22 crore in 4 years for the Cheetah re-introduction project.
  • Indian Oil becomes the first corporate, that has come forward to support the Project Cheetah under CSR.
  • It is a national project involving NTCA (Nodal Agency), Govt. of India and Madhya Pradesh.

Assam CM launches digital issuance of caste certificates for students.

  • Assam CM, Himanta Biswa Sarma has launched Mission Bhumiputra, a digital way to issue digitalised caste certificates to students.
  • He has also inaugurated a Bhumiputra Portal at a programme held at Srimanta Sankardev Kalakshetra.
  • This initiative was implemented by the Departments of Tribal Affairs (Plain) and Social Justice Empowerment.
  • The certificates issued will be available in the digi locker under the IT Act with digital signature of the respective DC.

Union Bank of India launches Union Prerna 2.0 - EmpowerHim.

  • Union Bank of India has launched first ever, men-focused Committee EmpowerHim as part of its flagship HR initiative Prerna.
  • Aim: To promote the employees' career trajectory and improve diversity in the Bank by picking out and resolving individual as well as common existing challenges.
  • This Committee will complement the women focused; EmpowerHer Committee launched by the bank earlier in July 2022.
  • MD&CEO, Union Bank of India: A Manimekhalai

IRDAI revised the anti-money laundering rules for insurance companies.

  • The IRDAI has revised the guidelines on the anti-money laundering rules and counter financing of terrorism programme for insurance companies.
  • The rules issued to consolidate and update guidelines replace the assorted norms issued since 2013.
  • No life, general, or health insurer can claim any relaxations to comply with the money-laundering rules, with effect from Nov 1, 2022.
  • IRDAI HQs: Hyderabad; Chairperson: Debasish Panda

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