 Mukesh Ambani’s Reliance Industries made it official that it is entering a strategic investment partnership with Den Networks Limited and Hathway Cable and Datacom Limited, which will be a ‘win-win’ outcome for customers, local cable operators, content producers, and the companies. |
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All you need to know about the RIL-Hathway-Den strategic partnership:
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| Source- The Financial Express |
 Tata Consultancy Services (TCS) Ltd’s quarterly earnings from the financial sector have edged past that of Accenture Plc, which is nearly double its size, making company theworld’s largest pure-play information technology (IT) and consulting firm servicing megabanks and insurers. During the July-September period, TCS got $2.07 billion in business from banking, financial services and insurance, or the BFSI sector. This included $1.63 billion from work across application development and maintenance, and other traditional solution offerings, besides $445.9 million from its proprietary platforms such as TCS iON. |
| Source- The Livemint |
 In a move aimed at promoting digital transactions, the Reserve Bank of India (RBI) has released operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets. The guidelines elaborate on requirements for achieving inter-operability for mobile wallets and cards, and norms for customer protection and grievance redressal. According to the notification issued by the RBI, inter-operability among mobile wallets, and between bank account and e-wallet would be enabled through the UPI system. Paytm, MobiKwik, Oxigen and Ola Money are some of the popular mobile wallets in the country. Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company. |
| Source- Press Information Bureau (PIB) |
 Former Chief Minister of Uttar Pradesh and Uttarakhand, N D Tiwari, passed away after a prolonged stint of hospitalization in New Delhi. Mr. Tiwari who began his career with the erstwhile Praja Socialist Party (PSP) to then serve his entire career in the Congress was 93 at the time of his death.
Apart from serving as the Ministry of External Affairs in the Rajiv Gandhi Cabinet between 1986-87, Mr Tiwari was thrice elected Chief Minister of Uttar Pradesh in varied stunts between 1976–77, 1984–85, 1988–89 and was for one term the Chief Minister of Uttarakhand, between 2002-2007.
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| Source- The Hindu |
 An ATM for deposit and withdrawal of money for cryptocurrencies has been installed in Bengaluru's Kemp Fort Mall by virtual currency exchange Unocoin. Users can deposit money to buy currencies like Bitcoin and Ethereum using an OTP received on their registered numbers. In order to withdraw money, a request has to be first made on the Unocoin website. |
| Source- The Indian Express |
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| The World Economic Forum released the Global Competitiveness Report 2018.According to the report, India has jumped five spots to become the 58th most competitive economy on the Global Competitiveness Index 2018 (GCI 4.0). India witnessed the largest gain among the G20 nations. The index covers 140 nations and it measures national competitiveness. The United States ranked number one again with a score of 85.6. India ranked highest among South Asian countries with a score of 62.0. Sri Lanka was ranked 86, Bangladesh 103, Pakistan 107 and Nepal 109. As for the BRICS nations, China topped the list at 28th position with a score of 72.6 followed by Russian Federation, India, South Africa and Brazil respectively. |
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The Top 5 countries on the Index are:
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| Source- Times Now News |
 ‘Beeg Ani Beegath’, a collection of short stories in Konkani by the well-known writer, journalist, and critic H M Pernal bagged the prestigious ‘Vimala V Pai Vishwa’ Konkani best book award for the year 2018. H M Pernal is the pen name of Henry M Mendonca, a native of Pernal in Udupi district, who currently lives in Mangaluru. Konkani poet Sharathchandra Shenoy from Kochi won the Vishwa Konkani best poetry award for his book ‘Idam Na Mama,‘ while Vishwanath M Shet from Uttara Kannada bagged the Vishwa Konkani lifetime achievement award. Each award carries a purse of Rs one lakh each, a certificate, memento and shawl. |
| Source- Business Standard |
 Northern Irish author Anna Burns has won the 2018 Man Booker Prize for her novel‘Milkman’, which is her third full-length novel. The book is about an 18-year-old girl, known as “middle sister”, who is sexually harassed by an older paramilitary figure, called the “milkman”. Anna Burns has become the first Northern Irish author to win the Man Booker prize. |
| Source- The Guardian |
 The sixth meeting of the UAE – India High Level Joint Task Force on Investments (‘the Joint Task Force’) was held in Mumbai to review the progress being made in addressing the agreed actions of the previous meeting held in Abu Dhabi in January 2018 and to elaborate a number of new key issues of mutual importance. The two sides noted the positive outcomes achieved by the Joint Task Force to date and agreed upon the need to further explore ways to facilitate investment in key Indian and UAE sectors with the potential for economic growth. |
| Source- Press Information Bureau (PIB) |
 Canada has become the second country after Uruguay to legalize possession and use of recreational cannabis. Canadians can now grow up to four plants in their own home and carry up to 30 grams of dried cannabis for personal use. Cannabis possession first became a crime in Canada in 1923 but medical use has been legal since 2001. |
| Source- The Livemint |
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