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India-Denmark Maritime Collaboration Gathers Momentum with Focus on Green Shipping, Digitalization, and Sustainable Development.

India and Denmark’s maritime relations continue to strengthen, with both nations working closely to advance sustainable maritime practices. Under the India-Denmark Green Strategic Partnership, the collaboration has expanded across key areas such as Quality shipping, Cooperation on Port State Control, Maritime training and education, research and development, Piracy,

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India-Denmark Maritime Collaboration Gathers Momentum with Focus on Green Shipping, Digitalization, and Sustainable Development.

Green maritime technology, shipbuilding, and green shipping. Denmark, a global leader in sustainable maritime technologies, has been sharing its expertise in green and digital solutions, aligning with India’s goals under the Sagarmala initiative and the Maritime India Vision 2030.

Both countries are focusing on decarbonisation efforts,

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India-Denmark Maritime Collaboration Gathers Momentum with Focus on Green Shipping, Digitalization, and Sustainable Development.

with joint projects aimed at developing hydrogen and ammonia-based fuels for ships. India’s Maritime Amrit Kaal Vision 2047 aims to decarbonize its ports, and Denmark’s success in offshore wind energy is expected to further contribute to renewable energy solutions in Indian ports.

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India-Denmark Maritime Collaboration Gathers Momentum with Focus on Green Shipping, Digitalization, and Sustainable Development.

As part of the Joint Action Plan on Green Strategic Partnership (2021-2026), both countries are set to continue their collaboration on port modernization, maritime digitalization, green fuel development, and advanced seafarer training. With Denmark’s leadership in green maritime technologies and India’s growing maritime infrastructure,

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India-Denmark Maritime Collaboration Gathers Momentum with Focus on Green Shipping, Digitalization, and Sustainable Development.

this partnership is poised to drive global innovation and sustainability in the maritime sector.

The scope of the MoU signed in 2019 and revised in 2022, has been widened by adding a dedicated clause for the establishment of a Centre of Excellence (CoE) in India.

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PMBI and Coal India Limited sign MoU to provide high-quality generic medicines through establishment of Jan Aushadhi Kendras.

In a significant milestone under the mission to provide quality generic medicines and surgical equipments at affordable prices to the masses, the Pharmaceuticals and Medical Devices Bureau of India (PMBI) and Coal India Limited have signed a Memorandum of Understanding (MoU) for the opening of Jan Aushadhi Kendras in the premises of every coal field, selected hospitals,

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PMBI and Coal India Limited sign MoU to provide high-quality generic medicines through establishment of Jan Aushadhi Kendras.

or any suitable location specified or decided by Coal India Limited.

The objective of this MoU is to provide high-quality generic medicines to the workforce and communities associated with Coal India, through the establishment of Jan Aushadhi Kendras across Coal India premises, these medicines will help workers, residents, and families save out of pocket expenditure,

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PMBI and Coal India Limited sign MoU to provide high-quality generic medicines through establishment of Jan Aushadhi Kendras.

and will give employment opportunities to entrepreneurs in the project areas.

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Cabinet approves Nutrient Based Subsidy (NBS) rates for Rabi Season, 2024 (from 01.10.2024 to 31.03.2025).

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the proposal of the Ministry of Chemicals & Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for RABI Season, 2024 (from 01.10.2024 to 31.03.2025) on Phosphatic and Potassic (P&K) fertilizers.

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Cabinet approves Nutrient Based Subsidy (NBS) rates for Rabi Season, 2024 (from 01.10.2024 to 31.03.2025).

The tentative budgetary requirement for Rabi season 2024 would be approximately Rs.24,475.53 crore.

Benefits: Availability of fertilizers to farmers at subsidized, affordable, and reasonable prices will be ensured.

Rationalization of subsidy on P&K fertilizers given recent trends in the international prices of fertilizers and inputs.

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Cabinet approves Nutrient Based Subsidy (NBS) rates for Rabi Season, 2024 (from 01.10.2024 to 31.03.2025).

The subsidy on P&K fertilizers will be provided based on approved rates for Rabi 2024 (applicable from 01.10.2024 to 31.03.2025) to ensure smooth availability of these fertilizers to the farmers at affordable prices.

The government is making available 28 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers.

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Cabinet approves Nutrient Based Subsidy (NBS) rates for Rabi Season, 2024 (from 01.10.2024 to 31.03.2025).

The subsidy on P&K fertilizers is governed by the NBS Scheme w.e.f. 01 .04.2010. By its farmer-friendly approach, the Government is committed to ensuring the availability of P&K fertilizers to the farmers at affordable prices.

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INDIAN ARMY SIGNS MoU WITH TIRANGA MOUNTAIN RESCUE (TMR).

The Indian Army has signed a Memorandum of Understanding (MoU) with Tiranga Mountain Rescue (TMR) at Centre for Land Warfare Studies (CLAWS), Delhi Cantt, in the presence of Gen Upendra Dwivedi, Chief of the Army Staff. Maj Gen Manish Luthra,

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INDIAN ARMY SIGNS MoU WITH TIRANGA MOUNTAIN RESCUE (TMR).

Additional Director General Military Operations (A), signed the MoU on behalf of the Indian Army, while Mr Hemant Sachdev, a dedicated mountaineer and Mt Everest Summiteer, signed it on behalf of the TMR.

This understanding marks a pivotal step in advancing the Indian Army’s rescue and survival operations in mountainous terrains.

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INDIAN ARMY SIGNS MoU WITH TIRANGA MOUNTAIN RESCUE (TMR).

The MoU stipulates that TMR will collaborate with the Indian Army in conducting customised training programs for Army instructors, aimed at improving their ability to mentor troops in avalanche rescue and survival skills.

This MoU builds on the initial agreement made with Northern Command in 2016, which established dedicated avalanche and rescue support by the TMR.

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INDIAN ARMY SIGNS MoU WITH TIRANGA MOUNTAIN RESCUE (TMR).

Subsequent agreements with Eastern and Central Commands in 2021 and 2024 further expanded this collaboration. The latest MoU will further utilise TMR’s expertise to boost the Indian Army’s capabilities in executing effective rescue operations under demanding conditions.

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Banks, FIs to invest Rs 32.5 trillion in renewable energy by 2030: Centre.

Leading renewable energy (RE) project developers, manufacturing companies, banks, and financial institutions committed close to $386 billion or around Rs 32.45 trillion to the development of RE projects by 2030.

This commitment was made at the inaugural ceremony of the 4th RE-Invest Summit hosted by the Ministry of New and Renewable Energy (MNRE) and,

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Banks, FIs to invest Rs 32.5 trillion in renewable energy by 2030: Centre.

Confederation of Indian Industry (CII).

Public sector and private project developers have committed to building close to 570 gigawatts (Gw) of RE capacity.

Reliance Industries (RIL) led the pack with a commitment of 100 Gw of capacity addition by 2030. It is followed by NTPC with 41.3 Gw and ReNew with 40 Gw of commitment.

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Banks, FIs to invest Rs 32.5 trillion in renewable energy by 2030: Centre.

Additionally, ReNew will set up 6 Gw of ingot-wafer, solar cell, and module manufacturing.

This target is one of India’s commitments on global platforms, including G20 and the UNFCC.

Additionally, banks and financial institutions (FIs) submitted a commitment of Rs 24.8 trillion for financing RE projects in the country.

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Banks, FIs to invest Rs 32.5 trillion in renewable energy by 2030: Centre.

State-owned REC leads the pack with Rs 6 trillion of investment commitment, followed by dedicated renewable financing body IREDA, which will invest Rs 5 trillion.

State owned Power Finance Corporation (PFC) has made an investment commitment of Rs 3 trillion.

Among the banks, SBI made the largest announcement with Rs 5 trillion of investment undertakings, followed by PNB.

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WPI inflation drops to 4-month low of 1.31% in Aug on lower prices

India’s wholesale price index (WPI)-based inflation fell to a four-month low of 1.31 percent on an annual basis in August from 2.04 percent in July due to a reduction in the prices of manufactured products and food items, according to data released by the Ministry of Commerce and Industry.

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WPI inflation drops to 4-month low of 1.31% in Aug on lower prices

Food price inflation stood at 3.11 percent in August as compared to 3.45 percent in July.

The prices of other major sub-indices like manufactured products also witnessed deceleration. Meanwhile, the prices of fuel and power contracted during the month. Manufactured products, which weight 64.2 percent in the index, also saw a decline in inflation to 1.22% from 1.58% in July.

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India beats China to retain Asian Champions Trophy title.

The Indian men’s hockey team successfully defended its Asian Champions Trophy title, clinching a hard-fought 1-0 victory over host China in the final at the Moqi Hockey Training Base in Hulunbuir, China.

Jugraj Singh’s decisive strike in the 51st minute sealed the win, making India the most successful team in the tournament’s history with a record-extending five titles.

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India beats China to retain Asian Champions Trophy title.

India retained the trophy for the second consecutive edition after its triumph in 2023. India had previously achieved back-to-back titles in 2016 and 2018.

After the victory, Hockey India announced a cash prize of INR 3 lakhs for each player and INR 1.5 lakhs for each support staff member.

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Arvind Kejriwal resigns as Delhi Chief Minister, Atishi set to take over.

Delhi Finance Minister Atishi, a first-term legislator, will be the third woman chief minister of Delhi. The 43-year-old will also have distinction of being the youngest to hold the top office. Aam Aadmi Party (AAP) legislators elected her CM-designate and the party’s national convener Arvind Kejriwal submitted his resignation as Chief minister to the Lieutenant Governor.

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Arvind Kejriwal resigns as Delhi Chief Minister, Atishi set to take over.

Apart from Atishi, Delhi has had two women chief ministers — Bharatiya Janata Party (BJP)’s Sushma Swaraj and Congress’ Sheila Dikshit. While Swaraj served for a mere 52 days in 1998, the second shortest tenure for a woman CM, Dikshit has been the longest-serving woman chief minister of the country.

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Arvind Kejriwal resigns as Delhi Chief Minister, Atishi set to take over.

A key scheme, which she announced as Delhi’s finance minister while presenting the state government’s 2024-25 Budget, is to provide Rs 1,000 honorarium to eligible women in Delhi under the chief minister’s “Mahila Samman Yojana”. Post-poll studies of the last Delhi Assembly polls in 2020 had credited AAP’s win to the massive support it received from the women electorate.

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Gati Shakti Vishwavidyalaya and Monash University Sign MoU to Enhance Railway Engineering Research and Education.

Gati Shakti Vishwavidyalaya (GSV) signed a Memorandum of Understanding (MoU) with Monash University, Australia, in New Delhi. The agreement aims to facilitate collaboration in joint research, education, and executive training in railway engineering through the Monash Institute of Railway Technology (IRT).

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Gati Shakti Vishwavidyalaya and Monash University Sign MoU to Enhance Railway Engineering Research and Education.

The establishment of a joint research lab focusing on advanced technological railway engineering will be explored together with opportunities for collaboration on future industrial projects that will return mutual benefits to both parties and advance Australian and Indian railway systems. Joint educational programs and executive training shall be another important area.

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Gati Shakti Vishwavidyalaya and Monash University Sign MoU to Enhance Railway Engineering Research and Education.

Gati Shakti Vishwavidyalaya (GSV),Vadodara was established through an Act of Parliament in 2022, to create best in class manpower and talent for the entire transportation and logistics sectors.

GSV is a “first of its kind” university aiming to fulfill the mandate of the National Developmental Plans(PM Gati Shakti National Master Plan 2021 and National Logistics Policy 2022)

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Gati Shakti Vishwavidyalaya and Monash University Sign MoU to Enhance Railway Engineering Research and Education.

across railways, aviation, shipping, ports, highways, roads, and waterways etc. The university's programs are designed in collaboration with industry experts to ensure practical relevance and cutting-edge education.

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World Bamboo Day | 18 September

World Bamboo Day is celebrated globally on September 18 to raise awareness about bamboo. This day highlights bamboo's numerous medicinal and practical uses, and the World Bamboo Organisation (WBO) has taken steps to promote its conservation, sustainable use, and the protection of our environment.

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World Bamboo Day | 18 September

The theme for World Bamboo Day 2024 is “Next Generation Bamboo: Solution, Innovation, and Design”.

Bamboo, a giant grass, is known for being hard and hollow. It holds the record for being the world’s fastest-growing land plant, with some types growing 36 inches in just 24 hours.

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International Equal Pay Day | 18 September

International Equal Pay Day, celebrated on 18 September, represents the longstanding efforts towards the achievement of equal pay for work of equal value. It further builds on the United Nations' commitment to human rights and against all forms of discrimination, including discrimination against women and girls.

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Govt notifies NaBFID as a public financial institution under Companies Act.

The government has notified the National Bank for Financing Infrastructure and Development (NaBFID) as a public financial institution under the Companies Act.

This will help the government fortify the nation's infrastructure finance structures.

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Govt notifies NaBFID as a public financial institution under Companies Act.

The Corporate Affairs Ministry said that in exercise of the powers, Section 2 of the Companies Act, 2013, the Central Government, in consultation with the Reserve Bank of India, hereby notifies the National Bank for Financing Infrastructure and Development as a "public financial institution".

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Govt notifies NaBFID as a public financial institution under Companies Act.

The move will enhance the bank's capacity to finance large-scale infrastructure projects, thereby bolstering the country's infrastructure development.

NaBFID, a specialised Development Finance Institution (DFI), was set up in 2021, by an Act (The National Bank for Financing Infrastructure and Development Act, 2021).

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Airtel Finance launches FD service, offers up to 9.1% as interest rates.

Bharti Airtel has launched a fixed deposits marketplace under its digital finance arm, offering interest rates of up to 9.1 percent per annum.

Airtel Finance provides an assured return and fixed-income investment option on the digital platform that is built on Airtel’s Thanks App, said the company in a statement.

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Airtel Finance launches FD service, offers up to 9.1% as interest rates.

Airtel Finance will offer the fixed deposit service through partnerships with small finance banks and non-banking financial companies (NBFCs), including Utkarsh Small Finance Bank, Shivalik Bank, Suryoday Small Finance Bank, and Shriram Finance. Airtel Finance is also offering fixed deposit options with withdrawal any time after seven days.

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Airtel Finance launches FD service, offers up to 9.1% as interest rates.

Customers can book and manage fixed deposits directly without opening a new bank account with a minimum investment of Rs 1,000 on the Airtel Thanks. The service is available on Android devices and will come to iOS later.

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