09 April 2018 Current Affairs

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ICICI Bank gets Swift’s new payment service

ICICI Bank has become first Indian bank to go live on SWIFT’s Global Payment Innovation, an improved cross-border payments service. The service enables real-time payments tracking across correspondent banks & has a facility to track payments instructions across correspondent banks globally.


Javed Akhtar awarded ‘Shanti Doot’ award

Poet, litterateur, author, lyricist and activist Javed Akhtar has been awarded the ‘Shanti Doot’ award by one of the most revered temples in India — the Sankat Mochan Hanuman Mandir in Varanasi, Uttar Pradesh. The award has been instituted a peace price to honour exceptional messengers of peace.


RBI switches back to GDP model from GVA model to measure economy

The Reserve Bank of India switched back to gross domestic product (GDP) model from the gross value added (GVA) methodology to provide its estimate of economic activity in the country. It switch to GDP is mainly to conform to international standards and global best practices.


Sebastian Vettel Wins Bahrain Grand Prix

Ferrari’s Sebastian Vettel won his second Grand Prix in as many races, at the Bahrain Grand Prix, while Mercedes’ Valtteri Bottas finished second by just 0.699 seconds.


Dadasaheb Excellence Award for Anushka

Bollywood actor Anushka Sharma will be awarded the Dadasaheb Phalke Excellence Award for her successful movies as a producer. The award will be given by an organisation called Dadasaheb Phalke Foundation, a Mumbai-based organisation, which is different from the Government of India instituted Dadasaheb Phalke Award, awarded during National Awards ceremony held annually in New Delhi.


Noted Assamese film-maker Munin Barua passes away

National award winning Assamese film-maker Munin Barua has passed away following a prolonged illness.


 

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