Notes:
El Salvador has become the first country to adopt bitcoin as legal tender, although it suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele, who pushed for adoption of the cryptocurrency, said using bitcoin will help Salvadorans save $400 million a year on commissions for remittances, while giving access to financial services to those with no bank account.

Notes:
UCO Bank has partnered with Finwizard Technology, which runs Fisdom, to offer wealth management products and services via its mBanking Plus App. Under this collaboration, customers of UCO bank can make seamless investments in mutual funds via its mBanking Plus App. Kolkata-based UCO Bank is one of the leading public sector banks in India with over 3 crore customers Currently, the bank has around 22,000 employees and 3,069 pan India branches with overseas presence in Hong Kong, Singapore and Iran.

Notes:
State of Tamil Nadu and Denmark have planned to create an energy island in Gulf of Mannar that lies between the west coast of Sri Lanka and south-eastern tip of India. This plan was made as Tamil Nadu is looking to expand its footprint in the green energy sector. To achieve this target, Denmark is likely to invest $5-10 billion in the renewable energy sector in the state. It also includes investment for an energy island in the Gulf of Mannar. With this investment, island would be able to produce 4-10 GW of energy.

 

Notes:
The National Mission for Clean Ganga organised Himalayan Diwas in association with Naula Foundation on September 9, 2021. This year’s theme is ‘Contribution of Himalayas and our responsibilities’. Himalaya Diwas is celebrated every year on 9th September in the state of Uttarakhand. It is celebrated with the aim to conserve Himalayan ecosystem and region. It was officially declared as Himalaya Day in 2015 by the then Chief Minister.

Notes:
Union Minister for Power and New & Renewable Energy, R. K. Singh met Minister for Climate, Energy & Utilities of Denmark, Dan Jorgensen in New Delhi. It was highlighted that energy transition towards green is an important part of India’s policy. India has set a target of 450 Giga Watt of Renewable Energy capacity by 2030. Currently, India’s whole renewable energy portfolio is at 146 GWIndia is also looking towards making Ladakh, Andaman Nicobar Island and Lakshadweep Island green in energy and transport. Both the ministers jointly launched ‘Centre of Excellence on Offshore Wind’ under the Green Strategic Partnership.

Notes:
SBM Bank India has partnered with Lendingkart, a fintech start-up in the working capital space, and launched a customised overdraft facility for over 1 lakh customers of the fintech. With this collaboration, the Indian MSMEs being catered by Lendingkart, can avail the unique overdraft facility powered by SBM Bank India on Lendingkart platform.

Notes:
Co-WIN has developed a new Application programming interface called ‘Know Your Customer’s or Client’s Vaccination Status (KYC-VS). This will enable entities to check an individual’s status of vaccination through CoWIN. To use this API, an individual needs to enter his/her mobile number and name. Thereafter, they will get an OTP which they have to enter. In return, Co-WIN will send a response to the verifying entity on the individual’s status of vaccination. CoWIN (Covid Vaccine Intelligence Work) is an Indian government web portal for COVID-19 vaccination registration, owned and operated by India’s Ministry of Health and Family Welfare.

Notes:
The President has appointed Tamil Nadu Governor Banwarilal Purohit as the new Governor of Punjab.

Notes:
India and Australia hold first ever 2+2 talks with focus on strategic ties and situation in Afghanistan. India and Australia on Saturday began a high-level foreign and defence ministerial dialogue to boost the overall strategic cooperation between the nations. External affairs minister S Jaishankar and Union defence minister Rajnath Singh held the ‘two-plus-two’ talks with their Australian counterparts Marise Payne and Peter Dutton.

Notes:
Garden Reach Shipbuilders and Engineers Ltd, (GRSE), a Miniratna (Category 1) defence PSU and a leading warship-building company, signed a memorandum of understanding (MoU) with Naval Group of France, a leader in the European maritime defence industry. The two firms will collaborate in the field of surface ships that will cater to the requirements of India and international naval forces. Under the administrative control of the defence ministry, GRSE primarily attends to the shipbuilding needs of the Indian Navy and the Indian Coast Guard.