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C.R. Rao wins top statistics award

The Indian-American statistician Calyampudi Radhakrishna Rao has been awarded the 2023 International Prize in Statistics, which is statistics’ equivalent of the Nobel Prize.

It was established in 2016 and is awarded once every two years to an individual or team “for major achievements using statistics to advance science, technology and human welfare.”

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PM Modi to launch big cats alliance to conserve seven cats

Prime Minister Narendra Modi will launch the International Big Cats Alliance (IBCA) during his visit to Karnataka.

The launch of the alliance follows the clarion call given by the Prime Minister in July 2019, when he had called for an alliance of global leaders to obliterate demand and firmly curb poaching and illegal wildlife trade in Asia.

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Weightlifter Sanjita Chanu handed four-year ban by NADA for failed dope test

Indian weightlifter Sanjita Chanu, a two-time Commonwealth Games champion, was handed a four-year ban by India’s National Anti-Doping Agency (NADA) after she tested positive for a banned drug.

Drostanolone’s primary medical use is to treat advanced inoperable cases of breast cancer in women. The steroid, however, is often misused by athletes as a performance enhancer.

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UPI payments second most preferred by millennials for digital loans: CASHe

Customers chose United Payments Interface (UPI) as their second most preferred method of repaying digital loans, coming at 27 per cent, only after e-NACH which was the preferred route for 36 per cent of the borrowers, as per, the Financial Mood of the Millennials Report by financial services platform CASHe for FY23.

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16th Finance Commission to be set up by November

The Centre will set up the Sixteenth Finance Commission (FC) by November to assess the tax resources of the Union government and suggest a formula for their devolution to states and among them, for the five years between FY27-FY31.

he 16th FC has to submit its report by October 30, 2025 so that it is deliberated on and factored in the Budget for FY27 to be presented on Feb

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Joint Military Exercise ‘Ex KAVACH’ concludes at Andaman and Nicobar Command

Andaman and Nicobar Command (ANC) conducted a large-scale Joint Military Exercise ‘Ex KAVACH’ involving the assets of the Army, Navy, Air Force and Coast Guard.

The exercise, which began on February 23, 2023, concluded on April 07, 2023.

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Unclaimed deposits of Rs 35,012 crore with PSU banks transferred to RBI: MoS Finance Bhagwat Karad

About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to the Reserve Bank by public sector banks (PSBs) in respect of deposits which have not been operated for 10 years or more.

These unclaimed deposits belong to 10.24 crore accounts transferred to the Reserve Bank of India (RBI) as of the end of February 2023.

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Bank of Maharashtra launches digitised personal loans

Bank of Maharashtra (BoM) has launched in select regions, a digitised personal loan for customers and enhanced its WhatsApp banking with the addition of “apply for loan” and “loan balance inquiry features” as part of its ease of banking initiative for customers.

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Kerala’s first solar-powered tourist vessel ‘Sooryamshu’ launched in Kochi

Kochi has taken a major step towards Kerala’s tourism sector by introducing the first solar-powered tourist vessel named 'Sooryamshu'

The vessel can accommodate up to 100 passengers at a time and has now begun operations in the waters of Ernakulam

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Tamil Nadu govt’s ‘TN REACH’ initiative to use 80+ unused helipads soon

More than 80 unused helipads across Tamil Nadu will soon be put to use with helicopter services planned by the State government.

An institution mechanism (Tamil Nadu Regional Aerial Connectivity through Helicopters — TN REACH) will be formulated to use helicopters for travel between cities and towns.

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