One Liners – 11th September

• Haryana Government has signed MoU with Indian Oil Corporation to set up Ethanol plant at Panipat district with an outlay of over Rs 900 crore.

• Google payment arm Google Pay has agreed to store data in India.

• Indian Air Force successfully carried out its 1st ever mid-air refuelling of LCA Tejas at an altitude of 20,000 feet.

• The two-day Regional Conference on Good Governance with Focus on Aspirational Districts was recently held in Bhopal.

• The Ministry of Health and Family Welfare has announced the implementation of the HIV and AIDS (Prevention and Control) Act, 2017. The Act criminalizes any kind of discrimination against people suffering from AIDS in terms of treatment, employment and workplace.

• Russia’s largest military exercise since the Cold War, ‘Vostok-2018’, began in eastern Siberia.

• India Post Payments Bank has partnered with Financial Software and Systems to create a payment acceptance network for unorganized retail.

• The National Rail and Transportation Institute has started its operations in Vadodara. Funded by the ministry of railways, its international partners are University of California, Berkeley and Cornell University.

• LIC has signed an agreement with Central Depository Services to provide group insurance coverage to all eligible Demat account holders serviced through depository participants associated with it.

• ICICI Bank has launched an overdraft facility for MSMEs based on their GST returns. MSMEs will be able to get the quick overdraft of up to Rs 1 crore for working capital requirements, based on their GST returns.

• Airtel Payment Bank has announced that users can withdraw cash from ATMs, without the need for a physical debit card.

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