Daily News

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Investment Capacity of India in renewable sector reached 500-700 billion USD: Study

The Institute of Energy Economics and Financial Analysis published a study according to which India has increased its potential for renewable energy in solar power in the country. The Bhadla Solar Park in Rajasthan is the largest solar park in the world.

Did you Know

India target to install 175 GW of renewable energy by FY2021-22.

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India attends second G20 Virtual Trade and Investment Ministers Meet

India has provided medical supplies to over 120 countries to combat the COVID-19 pandemic, out of which 43 countries received it as a grant, Union Commerce & Industry Minister Piyush Goyal said at the 2nd G20 Virtual Trade & Investment Ministers Meeting.

Did you Know

Current chair of G20 grouping, Saudi Arabia hosted the meet.

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Dr Harsh Vardhan dedicates COVID-19 testing machine COBAS 6800 to the nation

Dr Harsh Vardhan, Union Minister of Health and Family Welfare, Government of India, visited the National Centre for Disease Control in Delhi, and dedicated the COBAS 6800 COVID-19 testing machine to the nation. It performs RT-PCR tests for COVID-19.

Did you Know

COBAS requires a minimum BSL2+ containment level for testing.

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40 gharials released in Ghaghara river amid lockdown

40 gharials were released in the Ghaghara river by Uttar Pradesh forest division, amid the nationwide lockdown due to the novel coronavirus disease. They are critically endangered in the International Union for Conservation of Nature Red List of Species.

Did you Know

A major chunk of gharials is found in the Chambal river.

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University of Hyderabad, CCMB, Vins Bioproducts team up for Covid-19 therapy

University of Hyderabad (UoH) and CSIR-Centre for Cellular and Molecular Biology have tied up with Vins Bioproducts Ltd to develop antibody fragment-based immunotherapy for treatment for Covid-19 pandemic. They plan to use the F(ab’)2 platform technology.

Did you Know

F(ab’)2 has been providing neutralising antibodies from horses.

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Researchers at CSIRO develops ‘heat resistant’ corals to fight bleaching

Researchers from Commonwealth Scientific & Industrial Research Organisation, Australian Institute of Marine Science & the University of Melbourne has successfully developed a potential agent that could help coral reefs increase their heat tolerance.

Did you Know

CSIRO Headquarters- Canberra, Australia.

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ACT Grants partners with Bill and Melinda Gates Foundation, others to combat Covid-19

The Bill & Melinda Gates Foundation, the Michael and Susan Dell Foundation and Wadhwani Foundation have joined Action Covid-19 Team (ACT) Grants as donors and will extend the outreach of the initiative. ACT is an Indian not-for-profit grant.

Did you Know

ACT was set up by venture capital investors & start-up founders.

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UP, West Bengal account for highest number of street vendors in India: SBI economists

Uttar Pradesh and West Bengal are home to the highest number of street vendors, collectively accounting for over one-fourth of India’s tally, economists at SBI said. Government had announced a Rs 5,000-crore special credit facility for street vendors.

Did you Know

They will be given a loan of ₹10,000 each to restart businesses.

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Fiscal deficit to balloon to 7.9% in FY21: Report

With the Government’s Rs 20 lakh Cr stimulus package, the country’s fiscal deficit is likely to be more than double to 7.9 per cent in the current financial year, according to an SBI research report. The earlier estimate for the FY21 was 3.5% of the GDP.

Did you Know

Govt debt as a % of GDP has been on a rising trend since FY11.

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Aatmanirbhar package: DISCOMs to get ₹90,000-crore liquidity support

DISCOMs will be offered ₹90,000 crore liquidity support under the ‘Aatmanirbhar package’ announced by Finance Minister Nirmala Sitharaman. Under the package, Power Finance Corporation and Rural Electrification Corporation will infuse liquidity.

Did you Know

Minister for Power & New and Renewable Energy- R K Singh.

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PepsiCo India ties up with Swiggy

In a bid to strengthen availability of its snack brands at a time when the country is grappling with the Covid-19 pandemic, PepsiCo India has entered into a distribution partnership with Swiggy to launch Lay’s and Kurkure e-stores on the app.

Did you Know

CEO of PepsiCo India- Ramon Laguarta.

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Jal Jeevan Mission: Haryana and J&K to provide tap water to every household by Dec 2022

The Union Territory Jammu & Kashmir and the state Government of Haryana have planned to provide tap connection to supply water to all rural families by December 2022 under the Jal Jeevan Mission. The national target has been set for the year 2024-25.

Did you Know

Minister of Jal Shakti- Gajendra Singh Shekhawat.