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Boat Labs Develops Indigenous Neckband IP In Collaboration With CoE For ESDM

Audio and wearable device maker Boat has developed an indigenous neckband IP in collaboration with the Centre of Excellence for Electronics System Design and Manufacturing.

The CoE was set up by the Ministry of Electronics and IT (MeitY) in partnership with the Uttar Pradesh government and industry body India Cellular and Electronics Association (ICEA) in Noida.

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Boat's parent firm Imagine Marketing, co-founder and CEO, Sameer Mehta.

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India launches test flight for future Gaganyaan astronaut mission

The nation conducted an uncrewed test of the emergency-escape system of its new crew capsule, showing that the vehicle can jet away from its rocket if there's a problem during launch.

The trial, known as TV-D1, sent an unpressurized test version of the Gaganyaan crew module (CM) and its attached crew escape system (CES).

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RBI imposes monetary penalty of ₹2.50 crore on L&T Finance Limited, Mumbai, Maharashtra

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹2.50 crore (Rupees Two crore Fifty lakh only) on L&T Finance Limited (the company) for non-compliance with certain provisions of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

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ISB Prof Sarang Deo appointed by WHO on its TB Advisory Group

Prof Sarang Deo, Professor of Operations Management; Deputy Dean of Faculty and Research, Indian School of Business (ISB) has been appointed to the Strategic and Technical Advisory Group (STAG) for Tuberculosis by the World Health Organization (WHO). Prof Deo is also the Executive Director of Max Institute of Healthcare Management at ISB.

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Airbus, IIT Kanpur sign MoU to promote aerospace education and innovation in India

The Indian Institute of Technology Kanpur (IITK) and Airbus have signed a Memorandum of Understanding (MoU) to facilitate increased collaboration in developing education programmes.

This partnership will focus on advancing research in cutting-edge technologies and creating initiatives to enhance the technical skills of aerospace students in India.

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Individual investors can subscribe to Floating Rate Savings Bonds, 2020 (Taxable), under RBI’s Retail Direct Portal

The Reserve Bank of India, in consultation with the Government of India, has expanded the basket of products offered through the Retail Direct Portal, allowing retail investors to subscribe to Floating Rate Savings Bonds (FRSBs), 2020 (Taxable).

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37th edition of National Games begins in Goa

The 37th edition of the National Games will begin tomorrow in Goa. It will be formally inaugurated by Prime Minister Narendra Modi tomorrow.

The National Games are India’s homespun Olympic-style multi-sport event where athletes from the various states and Union Territories compete for medals.

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Air Marshal Sadhna Saxena Nair takes charge as Director General Hospital Services (Armed Forces)

Air Marshal Sadhna S Nair assumed the appointment of Director General Hospital Services (Armed Forces) in the office of DGAFMS becoming the first woman to hold the position on promotion to the rank of Air Marshal.

For her meritorious service she has been awarded the AOC-in-C (WAC) and CAS Commendations as well as the Vishisht Seva Medal by the President of india.

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Indian and Malaysian Armies Join Forces in Exercise Harimau Shakti 2023

Indian and Malaysian armies have commenced their joint bilateral training exercise “Exercise Harimau Shakti 2023” in Umroi Cantonment.

This exercise is a continuation of the previous edition that took place in Pulai, Kluang, Malaysia, in November 2022.

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ADB Approves $175 Mn Loan To Upgrade Roads In Madhya Pradesh

The Asian Development Bank (ADB) has granted approval for a USD 175 million loan to enhance road connectivity and climate resilience in Madhya Pradesh, India.

ADB has played a pivotal role in supporting the development of road networks in Madhya Pradesh since 2002.

This endeavour has led to the enhancement of over 9,000 kilometres of state highways and major district road

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Japan Becomes 1st Country Ever To Fire Electromagnetic Railgun From An Offshore Vessel

Japan has successfully test-fired a medium-caliber maritime electromagnetic railgun from an offshore platform as it continues to advance its defenses in the face of burgeoning regional security threats.

For the test, the Japanese Maritime Self-Defense Force collaborated with the Acquisition Technology & Logistics Agency (ATLA), a Japanese Ministry of Defense division

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India to host the world’s largest textiles event, Bharat Tex 2024

The Indian textile sector, in partnership with industry associations, is planning to stage “Bharat Tex 2024,” billed as the world’s largest textiles show.

This mega exhibition is scheduled to take place from February 26 to February 29, 2024, in New Delhi.

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PM SVANidhi Scheme is a gender equaliser: SBI report

The female share in the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme at 43 per cent indicates the empowerment of entrepreneurial capabilities of urban females, according to a report by State Bank of India’s economic research department (ERD).

This empowerment of urban females makes the Scheme a gender equalizer, it added.

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Indians top the list of those seeking citizenship in wealthy OECD nations

India maintained its top position as the country of origin of new immigrants to the Organisation for Economic Co-operation and Development (OECD) nations in 2021.

According to OECD's International Migration Outlook: 2023 report, 407,000 Indians moved to OECD nations in 2021.

It was 86 per cent higher than 220,000 Indians in 2020.

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China and Romania followed India, with 283,000 and 215,000 immigrants, respectively.

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5 teachers of IIT Palakkad feature among world’s top 2% scientists

Five faculty members of Indian Institute of Technology (IIT) Palakkad have been included on the latest list of the “world’s top two per cent scientists” released by Stanford University, California, US.

Last year, IIT Palakkad had three of its teachers on the Stanford list.

The list features two distinctive categories: entire career until 2022 and for the single year 2022.

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