ICG Signed MoU with Hindalco for Indigenous for Marine-Grade Aluminium

• Indian Coast Guard (ICG) and Hindalco for Indigenous signed Memorandum of Understanding (MoU) to enhance India’s self-reliance in the shipbuilding sector.
• The MoU is for the manufacturing and supply of indigenous marine-grade aluminium to Indian public and private shipyards for the construction of ships.

Thomas Cook India Introduced TCPay

• Omnichannel forex services company Thomas Cook India launched TCPay.
• It is a digital service that brings ease and efficiency to international money transfers.

RBI Appointed R. Lakshmi Kanth Rao as Executive Director

• The Reserve Bank of India (RBI) has appointed R. Lakshmi Kanth Rao as Executive Director.
• Previously, he served as Chief General Manager in charge of the Department of Regulation in RBI.

World Migratory Bird Day 2024

• World Migratory Bird Day is annually observed on 11^th May.
• The day aims to raise awareness about the conservation of migratory birds and their habitats.
• The theme for the day 2024 is Protect Insects, Protect Birds.

Zeta Launched Digital Credit as a Service for Banks in India

• Fintech unicorn Zeta has launched a digital credit-as-a-service product for its enterprise customers, primarily banks.
• The product is based on the credit lines on UPI scheme which reduce the cost of financial services and allow users to access pre-approved credit through their UPI-linked accounts.