3 People in News: Ram Nath Kovind, Yash Pal and Amitabh Bachchan

1. Ram Nath Kovind sworn in as 14th President of India

Ram Nath Kovind sworn in as the 14th President of India. He was administered oath to the office by Chief Justice of India J.S. Khehar in Parliament’s Central Hall. With this, he became the second Dalit President of India after late President K.R. Narayanan. He is also the first person from Uttar Pradesh to hold the office of President since Independence. Read more

International News-Daily Digest: 3 Key Updates

1. World’s first floating wind farm will be set up at coast of Scotland

The world’s first full-scale floating wind farm will be built off the coast of Scotland in the North Sea. The wind farm, known as Hywind is a trial project which aims to bring power to 20,000 homes. The floating wind farm technology will allow wind power to be harvested in waters that are too deep for the existing bottom-standing turbines particularly installed in shallow waters. Read more

Jal Manthan-IV to be held on July 28 and 29, 2017

The Ministry of Water Resources, River Development and Ganga Rejuvenation will be organising a two-day national seminar titled “Jal Manthan – IV” on July 28 and 29, 2017 at New Delhi. The Jal Manthan will focus on consultations and discussions on Pradhan Mantri Krishi Seenchai Yojana (PMKSY) and its implementation and the Review of progress made by States under Accelerated Irrigation Benefit Programme (AIBP) and Command Area Development (CAD) etc. Read more

Economy News-Daily Digest: 3 Key Updates

1. IMF retains India 2017 GDP growth forecast at 7.2%

The International Monetary Fund’s (IMF) July World Economic Outlook Update retained India’s projected GDP growth rate for 2017-18 at 7.2%, and at 7.7% for 2018-19.
The activity slowed following demonetisation, growth for 2016-17 was higher than anticipated on the back of government spending and stronger momentum in the first part of that year, as revealed by data revisions. Read more

National News-Daily Digest: 3 Key Updates

1. First Two NOPVs Shachi and Shruti Launched by RDEL at Pipavav, Gujarat

Reliance Defence and Engineering Limited (RDEL) launched the first two Naval Offshore Patrol Vessels (NOPVs)- Shachi and Shruti at their shipyard in Pipavav, Gujarat. The ships are part of a five ship project being constructed for the Indian Navy. NOPVs are used to undertake surveillance of the country’s vast Exclusive Economic Zone (EEZ) besides operational tasks such as anti-piracy patrols, fleet support operations, maritime security of offshore assets, coastal security operations, and protection of shipping lanes. The NOPVs would increase the ocean surveillance and patrolling capabilities of the Indian Navy. Read more

V.O.Chidambaranar Port bags National Award for Excellence in Cost Management

V.O. Chidambaranar Port has bagged National Award for Excellence in Cost Management for the year 2016 from ‘The Institute of Cost Accountants of India’ under the category “Transportation and Logistics”.  The Port has received this award thrice earlier, during the years 2008, 2012 and 2015 under the category ‘Service Sector’.  The award has been given for exemplary performance and initiatives of V.O. Chidambaranar Port towards reduction of cost per tonne, optimization of manpower, Read more

Airport Authority of India signs MoU with Govt. of Uttarakhand for development for aviation sector in the State

Airports Authority of India (AAI) signed an MoU with Government of Uttarakhand and joined hands with Uttarakhand Civil Aviation Development Authority (UCADA) to develop the civil aviation sector in the state. The scope of the MoU is to identify relevant factors influencing the development of civil aviation infrastructure in Uttarakhand, assessing commercial potential of various airports of the state, identifying technical considerations for airport operations in the state, evaluating site related technical and engineering parameters for development of projects, Read more

IIIDEM and International IDEA Co-Host Two-Day International Consultative Workshop on Electoral Training for Capacity Building, Globally

The India International Institute of Democracy and Election Management (IIIDEM) in partnership with International IDEA are conducting a two-day International Consultative Workshop on ‘Leveraging Electoral Training Facilities for Global Democracies’. The workshop is being held in New Delhi. Members from the Election Management Bodies (EMBs) of Australia, Nepal, Bulgaria, Nigeria and Georgia, delegates from International Organizations such as Association of World Election Bodies, Read more

Economy News-Daily Digest: 3 Key Updates

1. MPC members will get ₹1.5 lakh per meet

The members of the MPC appointed by government will be paid ₹1.5 lakh per meeting along with air travel and other reimbursements. They will have to observe a silent period of seven days before and after the rate decision for utmost confidentiality.
The silent period and confidentiality requirements will also apply to the three RBI members, including the Governor, on the panel that has been deciding on policy rates since October last year. Read more

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