• BOB has signed a MoU with the Indian Army under which the bank would offer customised services along with a host of facilities to account holders. The MoU includes handsome free personal accident insurance cover, free air accident insurance cover of Rs 15 lakh to Rs 50 lakh and an overdraft facility up to three times of monthly net salary. The features are also applicable for pensioners of Indian Army up to the age of 70 years.
  • NHA signed SoI with Google to collaborate and strengthen the implementation of Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY). Google will support NHA in improving digital presence of PMJAY and showcasing relevant content to the 50 crore entitled beneficiaries. Google will also help provide training and support to NHA personnel to build on digital skills. NHA is the nodal agency for implementing Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana.
  • Government e-Marketplace signed an MoU with Union Bank of India. As per the MoU, UBI will be able to offer an array of services including transfer of funds through GeM Pool Accounts, advising of Performance Bank Guarantees and Earnest Money Deposit to the registered users on the GeM portal. The MoU will facilitate a cashlesspaperless and transparent payment system on the portal and will create an efficient procurement system for government entities.
  • IIT Madras will collaborate with ExxonMobil on Research in Energy and Biofuels. The 5-year joint-research agreement focuses on biofuels, data analytics, gas conversion and transport, and is intended towards finding low-emission solutions. India is the 3rd highest producer of agro-residues globally with the surplus potential of over 230 million tonnes per year after China and Brazil.
  • Mastercard, along with cricketer Mahendra Singh Dhoni, launched a nationwide initiative  ‘Team Cashless India’ to accelerate the acceptance and adoption of digital payments. The initiative ‘Team Cashless India’ brings consumers and merchants to the forefront of the digital payments dialogue. The campaign encourages all Indians to nominate one or more merchants who currently do not accept digital payments.
  • Home Credit India (HCIN), a local arm of the international consumer finance provider, has tied-up with Karur Vysya Bank (KVB) for joint lending using end-to-end automated processing which will help the customer get real-time approval and disbursement. Under the agreement, HCIN and KVB will disburse loans in a single amount to customers.
  • The AYUSH ministry has signed an MoU with the Defence Ministry to provide traditional medicine services at the armed forces’ hospitals and dispensaries. Minister of State for AYUSH Shripad Naik inaugurated an Ayurveda Palliative Care Unit at the Base Hospital in the Delhi Cantonment.
  • Grasim Industries Limited has signed a definitive agreement to form a joint venture company in India with Maschinenfabrik Reinhausen GmbH (MR) of Germany. The joint venture is for the manufacturing and sale of Composite Hollow Core Insulators to serve the power transmission and distribution (T&D) industry globally.
  • The Government e-Marketplace (GeM) signed a memorandum of understanding (MoU) with Federal Bank to offer a number of services including transfer of funds through GeM Pool Accounts (GPA), advising of Performance Bank Guarantees (e-PBG) and Earnest Money Deposit (EMD) to the registered users on the portal.It will facilitate a cashless, paperless and transparent payment system on the portal and would create an efficient procurement system for government entities.
  • Odisha has inked a Letter of Understanding (LoU) on “drink from tap mission” with the United Nations Children’s Fund (UNICEF). The main objective of the mission is to provide piped quality drinking water supply to each household on a 24-hour basis. UNICEF will provide technical cooperation to the government of Odisha.