The Indian government had earlier proposed a special green-coloured number plate for all-electric vehicles in the country. The Central government has now asked the state transport departments to make it mandatory for all EVs to use the green number plates. The special number plate is supposed to have the vehicle number spelt out in white colour on a green background. The new mandate is supposed to help provide preferential treatment to the vehicles with no carbon emissions.
The Indian Institute of Technology (IIT) Indore enters in the top 50 Times Higher Education (THE) Asia University Rankings. It has yet again pipped its older peers like IIT Bombay, Delhi, and Madras to be the only IIT to rank. The latest rankings, however, have seen the Indian Institute of Science (IISc) Bengaluru maintain its lead position at 29th, same as last year. On the other hand, IIT Bombay which ranked 44 last year, fell 10 places to be ranked at 54th position this year.
The Reserve Bank of India (RBI) has slapped penalties on five Prepaid Payment Instrument (PPI) issuers and two remittance service providers for non-compliance of regulatory norms. The banking regulator imposed a penalty of Rs 3.05 crore on Vodafone m-pesa and Rs 1 crore each on PPIs like Phonepe, GI Technology and My Mobile Payments. A penalty of Rs 5 lakh was also levied on Y-Cash Software Solutions. Remittance service providers like Western Union Financial Services and MoneyGram Payment Systems were penalized for Rs 29.67 lakh and Rs 10.12 lakh, respectively.
London emerged as the top choice for Indian investors ahead of other cities such as Dubai and Singapore. The investments by Indian companies in the British capital reaching an all-time high last year. The UK emerged as the topmost country to attract Indian FDI with 52 projects, ahead of the US (51) and the UAE (32), in 2018. Foreign Direct Investment (FDI) from India into London increased by 255 per cent from 2017 to 2018.
BSE, formerly known as the Bombay Stock Exchange has appointed its first independent woman director Jayshree Vyas. She is a qualified chartered accountant. She was working as Managing Director of Shree Mahila Sewa Sahakari Bank, Ahmedabad, since 1986. She played a pivotal role in the launching of the first financial literacy programme in Sewa Bank in 2001. Points to remember BSE Founded: 9 July 1875 Chairman: S. Ravi
Jaipur will host the 8th Asian Youth Women Handball Championship. In this event 10 teams, including defending champions South Korea will participate. It is the first time that the prestigious tournament would be played in the city from August 21 to 30.
India retained its top position in the ICC Test rankings. Also, England remained the number one ODI side in the latest annual rankings released in Dubai. India also moved two points in the second position in the ODI rankings behind England. India with 260 points has dropped three places to fifth in the latest list of men's Twenty20 International team rankings.