WhatsApp rolls out Payments feature in India
o Facebook-owned messaging service WhatsApp has started rolling its Payments feature on both Android and iOS operating systems in India, according to reports.
o The feature will allow users to instantly transfer money via the Unified Payments Interface (UPI).
o Earlier reports said that WhatsApp was working with banks including HDFC and ICICI to integrate its UPI-based payments platform.
South Central Railway with 100% LED Lighting
o The South Central Railway (SCR) has become the first railway zone in the country to complete 100% LED lighting at all the stations under its jurisdiction.
o The SCR has been on the forefront of adopting energy conservation measures.
o It has attained the status of becoming the first zone in the Indian Railways to complete 100% LED lighting in all the 733 stations under its jurisdiction.
Haryana to name projects after Captain Kundu
o Afer two days of cremation of 22-year-old Captain Kapil Kundu, in his native village, Ransika, the government school will be named after him.
o The road leading towards the area and the Khod village bus stop, located nearby, will be named after him.
o Kundu was martyred in Jammu and Kashmir’s Rajouri district on Sunday, as a result of shelling from Pakistani forces across the border.
India Ranks 44th In GIPI
o India has increased “substantially” its score in the International Intellectual Property (IP) Index, ranking 44th among 50 nations, according to the US Chambers of Commerce report.
o Last year, India ranked 43rd out of 45 countries in the Index.
o The top 3 countries in the list are- The USA, The United Kingdom, Sweden.
RBI To Set Up Ombudsman For NBFCs
o The Reserve Bank of India announced setting up ombudsman for addressing customer grievances in the non-banking finance companies.
o The rules will be laid out by the end of February 2018. RBI will start with deposit-taking NBFCs and widen the scope to cover NBFCs with asset size of Rs 100 crore.
o There are around 20 banking ombudsmen have been appointed with offices mostly in state capitals.
Google fined ?136 crore for ‘search bias’
o The Competition Commission of India (CCI) imposed a fine of ?135.86 crore on Google for “search bias”, in the latest regulatory setback for the world’s most popular internet search engine.
o The CCI said Google was abusing its dominance in online web search and online search advertising markets.
o The fine has to be deposited within 60 days, it added.
Cryptocurrency for gamers
o A Hyderabad-based entrepreneur, Prashant Surana, plans to introduce his own cryptocurrency, for online gaming enthusiasts.
o The virtual currency, will be issued in April through an Initial Coin Offering.
o Called the Universal Gaming Coin, the coins can be bought with Ethereum and Bitcoin cryptocurrencies.
o The gamers can use these coins to play games such as Poker, Blackjack and Rummy.
Former Bangladesh PM sentenced for 5 years
o Bangladesh Nationalist Party leader and former Prime Minister Khaleda Zia was jailed for five years.
o She was found guilty in a corruption case by a Special Judge’s Court in Dhaka.
o She was charged with misappropriating Tk 21 million in foreign donations received by the ‘Zia Orphanage Trust’.
HAL Develops First Hawk-I Flight
o The Hindustan Aeronautics Limited has developed the first flight of Hawk-i with indigenous Real Time Operating System.
o Hawk-i is the first indigenous RTOS developed in India from scratch and certified by Center for Military Airworthiness and Certification.
o The RTOS provides a standard run-time environment for real-time applications execution in a safe and reliable manner.
Goa to launch bike ambulances in the state
o Goa Chief Minister Manohar Parrikar is planning to launch 20 bike ambulances to deal with casualties in the state’s tourism belt.
o The ambulances will be equipped with basic life-saving equipment and two oxygen cylinders to serve as rapid service at places where four-wheeler ambulances cannot reach.
o A total of 100 bike ambulances will be introduced in the next six months.