1. First phase of data analytics driven MCA21 Version 3.0 launched by Minister of State for Finance and Corporate Affairs Anurag Singh Thakur.
- First phase of data analytics driven MCA21 Version 3.0 was launched by Minister of State for Finance and Corporate Affairs Anurag Singh Thakur.
- MCA21 Version 3.0 has additional modules for e-Adjudication, e-Consultation and Compliance Management.
- In addition to launch of version 3.0, the government has also introduced revamped website, e-Book, e-consultation module and new email services.
- MCA Version 3.0 will be implemented in two phases. The second and final phase will be launched from October 2021.
- MCA21 V3.0 was part of this year’s Budget announcement.
- It was India’s first mission mode e-governance project.
- It is the online portal of Corporate Affairs Ministry (MCA).
- It was initially launched in 2006.
Topic: Indian Economy/Financial Market
2. India’s FDI inflow increased 10% in 2020-21.
- India’s Foreign Direct Investment (FDI) inflow increased 10% in 2020-21 and reached the highest ever level of $81.72 billion.
- Singapore topped the list of investor countries in 2020-21. It is followed by US (23% share) and Mauritius (9% share). It accounted for 29% of total FDI inflow into India.
- In 2019-20, FDI inflows showed a higher increase of 20% to $74.39 billion.
- FDI equity inflow increased by 19% in 2020-21 to $59.64 billion in comparison to the previous fiscal.
- Total FDI consists of equity, reinvested earnings and other capital.
- Gujarat received maximum FDI in 2020-21. It received 37% of total FDI equity inflows. Gujarat was followed by Maharashtra (27% share) and Karnataka (13%).
- Computer software & hardware sector attracted about 44% of the total FDI equity inflow. Construction (infrastructure) activities received 13%. Services sector attracted 8% of the inflows.
- Gujarat received 78% of FDI into the computer, software & hardware sector.
- Saudi Arabia showed the highest percentage increase in FDI flow to $2.81 billion in 2020-21 as compared to $89.93 million reported in the previous fiscal year.
3. Banks Board Bureau (BBB) recommends Shanti Lal Jain for post of MD & CEO in Indian Bank.
- Banks Board Bureau (BBB) has recommended Shanti Lal Jain for the post of MD & CEO in Indian Bank.
- He is currently serving as Executive Director in Bank of Baroda.
- The name of Soma Sankara Prasad has been recommended as the candidate on the Reserve List for the post of MD & CEO in Indian Bank.
- Padmaja Chunduru is the current MD & CEO of Indian Bank. She will retire on August 31, 2021.
- Indian Bank was founded in 1907. Its headquarters are in Chennai. From 1 April 2020, Allahabad bank has been merged with Indian Bank.
- Banks Board Bureau (BBB):
- It was formed in 2016 as an autonomous recommendatory body.
- The board recommends the selection of whole time directors as well as non-executive chairpersons of public sector banks and state-owned financial institutions.
4. Air India’s servers hacked and data of nearly 45 lakh flyers breached.
- Air India’s servers were hacked and data of nearly 45 lakh flyers was breached.
- The hacked information was stored on SITA passenger service system.
- Air India said that the data processor of its passenger service system had been subjected to a cyber-security attack leading to a personal data leak of around 45 lakh flyers.
- CVV/CVC numbers of cards are secure and have not leaked. This is because they were not stored by the SITA PSS data processor.
5. Kerala government brings plantation sector under Industries department.
- Kerala government has brought the plantation sector under the Industries department.
- Kerala Government has shifted administrative control of plantation sector from Labour ministry to Industries department.
- Government has taken this decision on the basis of recommendations of Justice Krishnan Nair committee.
- Justice Krishnan Nair committee was appointed to study the issues in the plantations sector.
- Plantation crops are crops that are cultivated on an extensive scale in a contiguous area. Tea, coffee, coconut, rubber, palm are some plantation crops.
6. Norms for mandatory hallmarking of gold jewellery will be implemented from June 15.
- As per Consumer Affairs Ministry, norms for mandatory hallmarking of gold jewellery will be implemented from June 15.
- Earlier, mandatory hallmarking of gold jewellery was to be implemented from June 1. Quality control order for mandatory hallmarking of gold jewellery/artefacts was issued by the government on January 15, 2020.
- The Ministry has changed implementation dates in the wake of pandemic and requests from stakeholders.
- Ministry has formed a committee to resolve issues being faced by jewelers. Pramod Tewari, DG, Bureau of Indian Standards, would be the convener of the committee.
- The committee consists of Additional Secretary Nidhi Khare, Department of Consumer Affairs and representatives of jewellers associations, trade, and hallmarking bodies.
7. A highly effective drug for treatment of early and advanced HER2-positive breast cancer launched under the brand name ‘Ujvira’.
- A highly effective drug for the treatment of early and advanced HER2-positive breast cancer launched under the brand name ‘Ujvira’.
- Ujvira has been launched by Zydus Cadila (Cadila Healthcare Limited). It is Trastuzumab Emtansine, the first Antibody Drug Conjugate (ADC) biosimilar.
- Trastuzumab Emtansine ADC biosimilar is formed by combining Trastuzumab and a cytotoxic compound Emtansine (DM1).
- The human epidermal growth factor receptor 2 (HER2)-positive breast cancer forms 10 to 25% of all breast cancers. Ujvira will reduce treatment costs by 80% for the patients.
- Zydus Cadila (Cadila Healthcare Limited) is an Indian multinational pharma company. It is headquartered in Ahmedabad, Gujarat.