Defence Minister has launched a portal SRIJAN which is a one-stop-shop online portal that provides access to the vendors to take up items for indigenization. This is to help industry partners to play an active role towards self-reliance in defence sector.
Minister of State for Defence: Subhash Bhamre.
Sitharaman met with secretaries of ministries of defence, shipping, road transport, housing & urban affairs & the dept of telecommunications, along with the heads of some PSUs under these ministries to review the capital expenditure in this financial year.
CAPEX target for FY 2020-21 for these 7 CPSEs is Rs. 124825 cr.
A test of the Arrow 2 interceptor system, part of the Arrow Weapon System, was successfully carried out along with the US Missile Defence Agency (MDA). The advanced system is designed to intercept long-range missiles. Israel Capital: Jerusalem.
Moshe Patel - Head of Israel Missile Defence Organization.
The Punjab Government took a digital leap with the state-wide launch of its Rs 92 crore Punjab Smart Connect Scheme. Chief Minister Capt. Amarinder Singh personally handed over smartphones to six Class XII students in a symbolic gesture.
Governor: V. P. Singh Badnore.
Goa government signed a tri-partite agreement to carry out German dual vocational education & training in 10 Industrial Training Institutes of the state. It hopes to address the need of training and enabling India’s youth for employment & entrepreneurship.
Goa CM: Pramod Sawant.
Governor: Satya Pal Malik.
The West Bengal government launched Karma Sathi Prakalpa scheme under which one lakh unemployed youth would be provided soft loans and subsidies to make them self-reliant. It was launched on the occasion of International Youth Day celebrated on August 12.
West Bengal CM: Mamata Banerjee.
Governor: Jagdeep Dhankhar.
RBI Board approved the transfer of Rs 57,128 crore as surplus to the government for the accounting year 2019-20 while maintaining the Contingency Risk Buffer at 5.5%. This was decided at the 584th meeting of the Central Board of RBI chaired by the Governor
RBI also discussed the proposal of setting up an Innovation Hub.
SBI added a new feature called Kisan Credit Card Review on YONO Krishi to make the lives of farmer customers easier by offering them technology-backed solutions. With this, farmers need not visit a bank branch to apply for a revision in their KCC limit.
It is expected to benefit more than 7.5 million farmers.
HDFC Bank has launched the Shaurya KGC card for the armed forces. The product is based on Kisan credit card guidelines by the government and will provide armed forces personnel with finance for agricultural requirements like production of the crop, etc.,
Aditya Puri - Managing Director of HDFC Bank.
President Ram Nath Kovind has approved 84 awards and decorations to the Armed Forces personnel and members of the Paramilitary Forces. The awards include Kirti Chakra, Shaurya Chakras, Bar to Sena Medals, Sena Medals, Nao Sena Medals & Vayu Sena Medals.
The President is the Supreme Commander of the Armed Forces.
Israel's Coralogix, ML-based log analysis, and monitoring solution provider have announced a strategic expansion to India to provide its customers with its first local Amazon Web Services (AWS) regional server support and data storage capabilities.
Ariel Assaraf: CEO, and co-Founder, Coralogix.
Bengaluru headquartered BEML collaborated with IIT-Kanpur for joint indigenous development of pilotless target aircraft (PTA) and tactical unmanned aerial vehicles (UAVs). They would synergise respective capabilities and undertake testing & development.
These products to substitute the currently imported UAVs & PTAs.
Indian Space Research Organisation and the Indian Institute of Science in Bengaluru has developed a sustainable process to make space bricks on the lunar surface. The process enables making load bearing bricks by using lunar soil, bacteria and guar beans.
These bricks have been named as ‘Space Bricks’.
Fairtrade regulator approved a combination proposal filed jointly by Keihin Corporation, Nissin Kogyo Co. Ltd., Showa Corporation and Hitachi Automotive Systems Ltd to form a joint venture between Honda Motor Co Ltd (HAMCL) and Hitachi Ltd.
HIAMS is a wholly-owned subsidiary of Hitachi Ltd.
Russell Kirsch, whose research from the ’50s underlies the entire field of digital imaging, died. His famous accomplishment is the first scanned digital image – decades before the first digital camera. Kirsch continued to work on early AI until retirement.
He attended NYU, Harvard and MIT.
With estimated earnings of $48.5 million, Akshay ranks at number six on the list, though his rank has dropped two notches from last year. This year, Hollywood star Dwayne Johnson has topped the list for the second year in a row with $87.5 million.
Ryan Reynolds with $71.5 million came second.