Daily News

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India to be shared mobility leader by 2030: Report

India is expected to be a leader in shared mobility by 2030 as rising share of electric and autonomous vehicles will improve shared mile economics.

According to Morgan Stanley report-

By 2030, shared miles to reach 35% of all the miles travelled in India and will increase further to 50% by 2040.

Public intercity transportation infrastructure (including trains and local buses) in India have been slow to ramp-up.

Internet penetration has hit an inflection point as consumers have access to cheaper handsets and affordable data plans.

Did you Know

Morgan Stanley is an American multinational investment bank and financial services company founded in 1935.
Headquarter- New York City.

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Environment Ministry and TERI Sign MoU to Set up a Resource Efficiency Cell

Ministry of Environment, Forest and Climate Change (MoEFCC) and The Energy and Resources Institute (TERI) launched a number of initiatives to support MoEFCC focus on waste management and resource efficiency.

The main objectives of the Cell are to provide a platform to mainstream resource efficiency in public policy.

It aims to achieve this through coordinated thinking among the various relevant Ministries and agencies for promoting resource efficiency in the use of materials in the country.

Did you Know

Union Minister of Environment, Forest and Climate Change: Harsh Vardhan
Formed in 1985
Headquarter- New Delhi

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India to import 1st Russian LNG

India will import its first ever cargo of LNG from Russia under a long-term deal as the world"s fourth-largest buyer of liquefied natural gas (LNG) diversifies its import basket to meet its vast energy needs.

GAIL India Ltd will bring the shipload of LNG from Gazprom at Petronet LNG Ltd"s import terminal in India.

GAIL had signed the original deal on August 29, 2012 with Gazprom Marketing and Trading Singapore Pte Ltd (GMTS), Singapore.

Did you Know

Headquarters: New Delhi
CEO: Sh B. C. Tripathi
Founded: August 1984

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Rabada wins South Africa’s top player prize

Kagiso Rabada, the World’s No. 1 Test bowler, was named South Africa’s Cricketer of the Year.

He has joined Hashim Amla, Jacques Kallis, Makhaya Ntini and A.B. de Villiers as two-time winners.

Did you Know

It was Rabada"s second Cricketer of the Year award.
Rabada collected a total of six awards, including Test cricketer of the year, ODI player of the year and players’ player of the year.

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Assam girl ambassador of "promote science" initiative in France

Assam"s Priyanka Das, working on satellite navigation for French major Safran, has been appointed ambassador for an initiative in France to encourage girls to follow scientific careers.

Priyanka pursuing her PhD and working in R&D with a team of experts in the Navigation Systems division of Safran.

Did you Know

The initiative is known as “For Girls and Science” and was launched in 2014 with an aim to promote scientific vocations among the youth, particularly girls, and is supported by the Ministry of National Education of France and the L’Oreal Foundation.
It is linked to the L"Oreal Women in Science programme that awards five women scientists each year in collaboration with UNESCO.

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India among the top five countries in e-waste generation: ASSOCHAM-NEC

According to ASSOCHAM-NEC study, India continues to be generating highest e-waste vis-à-vis China, USA, Japan and Germany.

In India, Maharashtra contributes the largest e-waste of 19.8% but recycles only about 47,810 TPA (tonnes per annum).

Only 5% of India"s total e-waste gets recycled due to poor infrastructure, legislation and framework which lead to a waste of diminishing natural resources.

Over 95% of e-waste generated is managed by the unorganised sector hence they are dismantled and disposed instead of recycling.

Did you Know

E-waste typically includes discarded computer monitors, motherboards, CRT, PCB, mobile phones and chargers, CDs, white goods such as LCD/ Plasma televisions, air conditioners, refrigerators and so on.
High and prolonged exposure cause damage to our body.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is one of the apex trade associations of India.
The goal of this organisation is to promote both domestic and international trade.

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Jordan’s PM quits after public outrage over tax hike

Jordan’s PM Hani Mulki submitted his resignation to King Abdullah to soothe widespread anger over economic policies.

Jordan’s economy has struggled to grow in the past few years in the face of chronic deficits, as private foreign capital and aid flows have declined.

Did you Know

Capital of Jordan: Amman
Currency: Jordanian dinar

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Centre to start measuring ‘green GDP’ of States

The government will begin a five-year exercise to compute district-level data of the country’s environmental wealth.

The numbers will eventually be used to calculate every State’s ‘green’ Gross Domestic Product (GDP).

The metric will help with a range of policy decisions, such as compensation to be paid during land acquisition, calculation of funds required for climate mitigation, and so on.

Did you Know

The government has also launched a ‘green skilling’ programme under which youth, particularly school dropouts, would be trained in a range of ‘green jobs’— as operators of scientific instruments used to measure environmental quality, as field staff in nature parks, and as tourist guides.

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War games to hone anti-submarine skills

The Navies of India, Japan and the U.S. will enhance their anti-submarine warfare skills in this year’s Malabar naval war games to be held off the coast of Guam from June 7 to 16.

For the first time in a Malabar exercise, all three Navies are deploying their maritime reconnaissance (MR) aircraft to sharpen those skills.

The Indian Naval Ships Sahyadri, Shakti and Kamorta of the Eastern Fleet would be participating.

The Indian Navy is deploying a P-8I long-range MR aircraft, the U.S. is deploying two P-8A aircraft and Japan is sending a Kawasaki P-1 MR aircraft.

Did you Know

Exercise Malabar is a trilateral naval exercise involving the United States, Japan and India as permanent partners.
The annual Malabar series began in 1992.

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M.K. Jain is Deputy Governor of RBI

The government appointed IDBI Bank MD and CEO, M.K. Jain, as Deputy Governor of the Reserve Bank of India in place of S.S. Mundra.

Mahesh Kumar Jain began his career in Punjab National Bank and later moved to Syndicate Bank before becoming an ED, and later head of Indian Bank.

Did you Know

RBI Governor: Urjit Patel
Headquarter: Mumbai
Bank Rate- 6.25%
CRR- 4%
SLR- 19.5%