Daily News

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India To Produce 850 Million Doses Of Sputnik V Covid-19 Vaccine Annually: RDIF

The Russian Direct Investment Fund (RDIF) has said more than 850 million doses of the Sputnik V vaccine are going to be produced annually in India.

RDIF has agreements with India's Gland Pharma, Hetero Biopharma, Panacea Biotec, Stelis Biopharma, and Virchow Biotech for production.

India has become the 60th country to approve Sputnik V, said RDIF CEO, Kirill Dmitriev.

Did you Know

The Russian vaccine has an efficacy of 91.6 percent.

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Atal Innovation Mission Partners With DSF To Promote STEM Based Innovation And Entrepreneurship

Atal Innovation Mission (AIM), NITI Aayog signed an agreement with Dassault Systemes Fondation(DSF) to jointly work towards providing a digitally rich ecosystem of Innovation in India and promoting STEM-based innovation and entrepreneurship among aspiring young minds across the country.

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NHAI makes Network Survey Vehicle mandatory to improve road quality

The data collected through NSV surveys will highlight deficiencies in road conditions, prompting BOT(build, operate, transfer) operators/NHAI officials to take corrective steps to bring the road condition to the desired level.

The data shall be uploaded on NHAI’s AI based portal Data Lake, where it will be analyzed by Road Asset Management Cell(RAMS Cell).

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US President Biden announces complete troop withdrawal from Afghanistan

US President Joe Biden has announced that US troops, as well as forces deployed by our NATO (North Atlantic Treaty Organization) Allies and operational partners, will be out of Afghanistan by September 11 this year, before the 20th anniversary of that heinous attack on September 11 (2001).

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Centre, Microsoft sign pact to promote digital agriculture in 100 villages

The agricultural ministry and Microsoft India have inked a Memorandum of Understanding (MoU) for a pilot project in 100 villages of six states to promote digital agriculture.

Microsoft will start a pilot project in 100 villages in 10 districts of 6 states (Uttar Pradesh, Madhya Pradesh, Gujarat, Haryana, Rajasthan and Andhra Pradesh).

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NIXI announces IP Guru, a new initiative aimed at raising awareness of the IPv6 protocol in India

The National Internet Exchange of India (NIXI), introduced a NISI IP-Index which will showcase the adoption rate for IPv6 in India and compare it against other economies in the world.

An expert panel (IP Guru) will “extend support" to Indian organizations looking to make the move to IPv6 systems.

NIXI is also creating an education platform for IPv6, called NIXI Academy.

Did you Know

NIXI is a company under the Ministry of Electronics and Information Technology (MeitY).

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Microsoft makes its second biggest acquisition, buys AI speech tech company Nuance for $19.7 billion

Microsoft has made its second-biggest acquisition after LinkedIn. The tech giant has bought AI speech tech firm Nuance for $19.7 billion. The move will help Microsoft’s prowess in voice recognition and will give it a boost in the health care market.

Nuance is known for its Dragon software which helps to transcribe speech using deep learning.

Did you Know

In 2016, Microsoft had purchased LinkedIn for $26 billion.

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Inaugural Edition of The Hydrogen Economy – New Delhi Dialogue 2021

The Energy Forum (TEF) and the Federation of Indian Petroleum Industry (FIPI), under the aegis of the Ministry of Petroleum and Natural Gas, Government of India, organized a Hydrogen Roundtable titled “Hydrogen Economy- the Indian Dialogue-2021”.

This high-level roundtable conference was led by Shri Dharmendra Pradhan, Minister for Petroleum and Natural Gas & Steel.

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Citigroup to shutter retail banking operations in 13 countries including India

Citigroup announced that it will shutter retail banking operations in 13 countries.

The 13 nations Citibank (the largest foreign bank in India) will pull out from are Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, and Vietnam.

Did you Know

Citigroup CEO Jane Fraser .

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Mastercard Partners With RBL Bank To Offer First-Of-Its-Kind Payment Solution In India

Mastercard and Mumbai-headquartered private sector RBL bank announced a partnership, to launch a mobile-based customer-friendly payment solution - the Pay by Bank App.

This will be a first-of-its-kind payment functionality in the country and suits the growing demand for digital, contactless payments.

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Former CBI director Ranjit Sinha passes away at 68

Former Central Bureau of Investigation (CBI) director Ranjit Sinha passed away in Delhi.

Sinha was a retired officer of the 1974 batch of the Indian Police Service (IPS) and held several senior posts, including that of the CBI director and the director general (DG) of the Indo-Tibetan Border Police (ITBP).

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RBI sets up RRA 2.0 to streamline regulations and reduce compliance

Reserve Bank of India has decided to set up a new Regulations Review Authority (RRA 2.0) for a period of one year from the date of its establishment.

The RRA 2.0 will focus on streamlining regulatory instructions, reduce compliance burden of the regulated entities by simplifying procedures and reduce reporting requirements, wherever possible.

Did you Know

M. Rajeshwar Rao, Deputy Governor has been appointed as the Regulations Review Authority.