Current Affairs - Business

Thomas Cook India has partnered with the National Payments Corporation of India to introduce a pioneering RuPay prepaid forex card tailored for Indian travellers visiting the UAE. This significant technological endeavor is being enabled by NPCI Certified Partner, CARD91.

The United States and Vietnam signed a deal on semiconductor supply chains on September 10, 2023. The deal is part of the Biden administration's efforts to build a more resilient and secure semiconductor supply chain. The deal will focus on three main areas: Investing in semiconductor manufacturing, Developing a skilled workforce, and Strengthening cooperation on research and development.

The Indian Institute of Management Indore (IIM Indore) has partnered with the National Skill Development Corporation (NSDC) to transform skill development and entrepreneurship in India. The partnership focuses on research, rural entrepreneurship incubation, and a dynamic skilling program.

The government of India has notified the third phase of mandatory hallmarking of gold jewellery and artefacts from September 8, 2023. The third phase will cover an additional 55 districts, taking the total number of districts covered under mandatory hallmarking to 343.

PepsiCo India has announced that it will invest Rs 778 crore to set up a new food manufacturing plant in Nalbari district, Assam. The plant is expected to be operational by 2025 and will create direct and indirect employment opportunities for around 500 people. The plant will be PepsiCo's first food-focused manufacturing plant in the Northeast region. It will produce Lay's potato chips, Kurkure snacks, and other food products. The plant will also use advanced technology to reduce its environmental impact.