Daily News

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IndiGrid to acquire Sterlite Power’s asset for ₹1,050 crore

India Grid Trus (IndiGrid) is acquiring a transmission asset from Sterlite Power for ₹1,050 crores. IndiGrid is one of India’s two listed Infrastructure Investment Trust (InvIT).

Did you Know

CEO of IndiGrid: Harsh Shah.
HO: Mumbai.

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India’s GDP for FY21 to be hit by COVID-19, projected at 4.8%: UN

India’s GDP growth for the current fiscal is expected to slow down to 4.8%, according to a UN report UN Economic and Social Survey of Asia and the Pacific 2020: Towards Sustainable Economies.

Did you Know

UN Head Quarters: New York, US.

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IFFCO Tokio Insurance names Anamika Roy Rashtrawar as MD & CEO

IFFCO Tokio General Insurance appointed Anamika Roy Rashtrawar its Managing Director and Chief Executive Officer. She replaces Warendra Sinha. She is the first woman to head a large private sector general insurance company in India.

Did you Know

It is a joint venture b/w IFFCO & Tokio Marine Group Insurance.

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Sanitation app updated with pandemic-related features

Sanitation App ‘Swachhata MoHUA’ has been updated to include features such as reporting of suspected cases and lockdown violations. The app’s primary use was to report sanitation-related grievances but 9 features are added.

Did you Know

Secretary of Ministry of Housing and Urban Affairs:Durga Shankar

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Inflation may drop to 2.4% in FY21: RBI

Consumer Price Index (CPI) based inflation is tentatively projected to ease from 4.8% to 2.4% in the 4th quarter, according to RBI’s Monetary Policy Report for the fiscal. It pointed that the nation-wide curb could bring down aggregate demand drastically.

Did you Know

Under the RBI Act, the MPC should at least meet 4 times a year.

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Tata Power bags Edison Award for social innovation

Tata Power has been conferred with the Edison Award under social innovation category and social energy solutions sub-category. The Edison Awards, named after Thomas Alva Edison, recognises and honours the world's best innovations and innovators.

Did you Know

It was awarded for 'Club Enerji #Switchoff2SwitchOn' campaign.

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Indian Robotics Solution launches Corona Combat Drone to fight COVID-19

To aid the Delhi Government, Indian Robotics has come up with a Corona Combat Drone (CCD) that can sanitize large congested slums and colonies within a short duration. Sagar Gupta Naugriya is the founder of Indian Robotics Solution.

Did you Know

The company is based in Delhi.

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Mukesh Ambani's net worth drops 28% to $48 billion in 2 months

The net worth of India's richest man Mukesh Ambani dropped 28 per cent or $300 million a day for two months to $48 billion. Ambani is the second biggest wealth loser globally after French fashion giant LVMH's chief executive Bernard Arnault.

Did you Know

India lost 3 rankings in the top-100 rankings.

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IndiGo Enters Brand Finance Top 50 Airlines List

IndiGo has been recognised as one of the most valuable and strongest airlines as per the Brand Finance Airlines 50 report for 2020. It is ranked 43 as it entered the list for the first time. IndiGo is the only airline from India.

Did you Know

IndiGo CEO: Rahul Bhatia.
IndiGo HO: Gurugram.

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Indian Railways’ Coach Rehabilitation Workshop develops Charak

Indian Railways’ Coach Rehabilitation Workshop, Bhopal, which falls under the West Central Railway zone, has designed a "mobile doctor booth" named "CHARAK". This will facilitate zero-contact check-ups in light of the novel coronavirus outbreak.

Did you Know

Union Minister for Railways: Piyush Goyal.

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HUL partners with UNICEF to support India's fight against COVID-19

HUL collaborated with UNICEF for a mass media campaign titled #BreakTheChain or #VirusKiKadiTodo. It brings together the marketing expertise and scale of HUL & the technical knowledge of UNICEF to create engaging communication tools to help people.

Did you Know

Based on 3 themes-social distancing, handwashing & generosity.

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John Prine, US folk and country songwriter, dies

John Prine, the US folk and country singer has died due to complications from COVID-19. Prine won two Grammy Awards from 11 nominations and was also given a lifetime achievement award at the 2020 ceremony.

Did you Know

In 2016 he recorded a duets album For Better, or Worse.

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Italian Olympic 800m finalist Donato Sabia dies of coronavirus aged 56

The Italian former middle-distance runner Donato Sabia has died from COVID-19 at the age of 56, the Italian Olympic Committee (Coni) has announced. Sabia reached the 800m Olympic final twice.

Did you Know

He is the 1st Olympic finalist in the world to die from virus.

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Delhi Launces ‘Op SHIELD’ across its containment zones

Delhi CM Arvind Kejriwal launched ‘Operation Shield’, a strategy involving sealing, isolation and tracing to contain the spread of the virus. SHIELD – Sealing; Home-Quarantine; Isolation; Essential Supplies; Local Sanitation; Door to Door Checking.

Did you Know

It is launched to spread the disease in 23 Containment zones.

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400 million Indians at risk of falling into poverty during crisis: ILO

According to ILO, as many as 400 million Indians, including migrant workers and daily wage earners are at risk of falling into poverty because of the pandemic. In India, Nigeria and Brazil, the number of workers in the informal economy affected is huge.

Did you Know

Almost 90% of people work in the informal economy in India.

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Biofortified carrot variety developed by farmer scientist benefits local farmers

Madhuban Gajar, a biofortified carrot variety with high β-carotene and iron content developed by Vallabhhai Vasrambhai Marvaniya, a farmer in Gujarat. It is a highly nutritious carrot variety.

Did you Know

Marvaniya was conferred with National Award & Padma Shri.

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CSIR- National Chemical Laboratory (NCL) Pune ties up with Bharat Electronics Ltd (BEL) for production of medical devices

CSIR NCL & BEL collaborated to form Digital IR Thermometer & Oxygen Enrichment Unit to mitigate the pandemic. NCL’s incubatee BMEK headed by Mr Pratik Kulkarni developed handheld digital thermometer. OEUs been developed by CSIR-NCL and Genrich Membranes.

Did you Know

DG CSIR – Shekhar Mande.
Chairman & MD BEL – M V Gowtama.

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Lifeline Udan: 240 tonnes of medical supplies flown across country during Covid-19 lockdown

Lifeline Udan initiative,167 flights have transported over 248 tonnes of essential medical supplies across the country during lockdown. Air India and Indian Air Force collaborated primarily for Jammu and Kashmir, Ladakh, North-East and other island region.

Did you Know

Civil Aviation Minister: Hardeep Singh Puri.

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World Homoeopathy Day: April 10

World Homoeopathy Day is observed every year on April10 to commemorate the Birthday of Dr. Hahnemann, the Founder of Homoeopathy.Academic homeopathy institutes comprise 35.8% of AYUSH colleges, while homeopathy practitioners are 37% of the AYUSH in India.

Did you Know

AYUSH (Ayurveda Yoga & Naturopathy, Unani, Siddha & Homeopathy).