Daily News

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India wins IEC vice presidency and Strategic Management Board Chair for 2023-25

India has won the International Electrotechnical Commission (IEC) Vice Presidency and Strategic Management Board (SMB) Chair for the 2023-25 term.

India's representative Vimal Mahendru -- a member of the Indian National Committee of the IEC and various technical committees of the Bureau of Indian Standards (BIS-India) -- was elected as IEC vice president.

Did you Know

IEC, Headquarters: Geneva, Switzerland.

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Chennai-Based Space Start-Up Agnikul Cosmos Sets Up India's First Private Launchpad At Sriharikota

Agnikul Cosmos, a space-tech start-up based in Chennai, has set up India's first-ever launchpad at a facility in Sriharikota. The launchpad, which will be operated by a private player, was designed by Agnikul and later executed with the help of the Indian Space Research Organisation (ISRO) and the Indian National Space Promotion and Authorisation Center (IN-SPACe).

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Bank credit growth accelerates to 17.2% in September quarter: RBI data

Bank credit growth accelerated to 17.2 percent in the quarter ended September 2022 from 7 percent in the same period of the previous year, data from the Reserve Bank of India’s "Quarterly Statistics on Deposits and Credit of SCBs: September 2022" showed.

RBI collects this data from all scheduled commercial banks (SCBs), which include RRBs, SFBs, and payments banks.

Did you Know

In the quarter ended June 2022, bank credit was at 14.2 percent.

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Sundararaman Ramamurthy to be new MD & CEO of BSE

Sundararaman Ramamurthy will replace Ashish Chauhan as new managing director and chief executive of Bombay Stock Exchange (BSE). Market regulator Securities & Exchange Board of India (Sebi) approved the appointment.

Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform.

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RBI Asks Paytm To Reapply For Payment Aggregator Licence

One97 Communications that owns the Paytm brand said that the RBI has asked the Paytm Payment Services Limited (PPSL) to resubmit the application for a payment aggregator Licence within 120 calendar days.

A payment aggregator is 3rd-party that manages & processes merchants' online transactions with consumers, allowing merchants to be more hands-off in their payment process.

Did you Know

Nakul Jain is the CEO of Paytm Payments Services Ltd (PPSL).

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Ministry of Health wins award for Outstanding Contribution towards Public Communication and Outreach

The pavilion of Ministry of Health and Family Welfare has been awarded for “Outstanding Contribution towards Public Communication and Outreach” at 41st India International Trade Fair 2022 held at Pragati Maidan, Delhi.

It successfully engaged the audience and disseminated information by way of organizing quiz competitions on TB, No Tobacco, Vector borne diseases etc.

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India - Malaysia joint military Exercise “Harimau Shakti -2022”

India - Malaysia joint military Exercise “Harimau Shakti -2022” commenced at Pulai, Kluang, Malaysia on 28th November and will culminate on 12th December 22. Exercise HARIMAU SHAKTI is an annual training event between the Indian and Malaysian Army which is being conducted since 2012.

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India's SARAS radio telescope provides astronomers clues to the nature of Universe's first stars and galaxies

Scientists have determined properties of radio luminous galaxies formed just 200 million years post the Big Bang, a period known as the Cosmic Dawn thus providing an insight to the properties of the earliest radio loud galaxies that are usually powered by supermassive black holes.

Did you Know

SARAS was deployed over Dandiganahalli Lake & Sharavati backwaters in Karnataka in 2020.

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KVIC Chairman inaugurates the ambitious Re-Hab Project in Nainital

KVIC Chairman Shri Manoj Kumar inaugurated the ambitious Re-Hab Project (Reducing Human Attacks using Honey Bees) at village Chausla, in Forest Range Fatehpur, Haldwani, District Nainital today, where he also distributed 330 Bee-boxes, bee-colonies and toolkits along with the honey extractors to the rural beneficiaries in Chausla village, free of cost.

Did you Know

Sweet revolution is popularly known as 'beekeeping' and is launched for honey production.

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Ministry of Power launches scheme for Procurement of Aggregate Power of 4500 MW for five years under B (v) of SHAKTI Policy

Ministry of Power kicks off a Scheme for Procurement of Aggregate Power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of SHAKTI Policy.

PFC Consulting Limited has been designated as the Nodal Agency by the Ministry of Power and has invited bids for supply of 4,500 MW. Supply of electricity will commence from April 2023.

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SHAKTI: Scheme for Harnessing and Allocating Koyala Transparently in India

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Iranian film ‘Nargesi’ wins ICFT-UNESCO Gandhi Medal at IFFI 53

Iranian film Nargesi by Director Payam Eskandari has won the ICFT-UNESCO Gandhi Medal at the 53rd edition of International Film Festival of India, given for a film that best reflects Mahatma Gandhi's ideals of peace, tolerance and non-violence.

The film is about a man with Down’s syndrome and the burden and consequences it creates in his life.

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Dharmendra Pradhan launches the book ‘India: The Mother of Democracy’

Union Education & Skill Development Minister Shri Dharmendra Pradhan released the book ‘India: The Mother of Democracy’ prepared and published by Indian Council of Historical Research (ICHR) in New Delhi.

The book is an attempt to showcase the democratic ethos ingrained in India since the dawn of civilisation.

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Indore plans India's first retail municipal green bond for solar plant

Indore is planning to issue the nation’s first local government bond targeting individual investors, with proceeds used to fund a solar power project. Indore Municipal Corp. seeks to raise as much as Rs 260 crore ($31.8 million) via a 10-year bond sale. It is also set to be the country’s maiden municipal green bond designed for retail investors.

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Chhatrapati Shivaji Maharaj Vastu Sangrahalaya wins UNESCO Award for cultural heritage conservation

Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (CSMVS) was conferred with the ‘Award of Excellence’ at the United Nations Educational, Scientific and Cultural Organisation (UNESCO) Asia-Pacific Awards for Cultural Heritage Conservation-2022.

The jury applauded the “heroic” CSMVS project which is “part of the Victorian Gothic and Art Deco Ensembles of Mumbai.

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NASA's Artemis 1 Orion capsule sets new flight record

NASA's Artemis 1 Orion capsule has set a new space flight record for spacecraft designed to carry humans by travelling 401,798 kilometers from Earth.

The record was previously held by Apollo 13 which logged the record on April 14, 1970 by travelling 400,171 kilometers.

The Artemis 1 Orion capsule was launched without any plan to break the record.

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Canada claims first Davis Cup title with win over Australia in final

The final match of 2022 Davis Cup was held between Australia and Canada on November 27. Canada has won first Davis Cup title with win over Australia in final. The Australians have won the tournament 28 times before.

Felix Auger-Aliassime and Denis Shapovalov helped Canada to win its maiden Davis Cup title.

Did you Know

The Davis Cup is billed as the “World Championship of Tennis”.