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NTPC’s Singrauli Unit 1 emerges as India’s top-performing plant in first quarter of FY21

July 12, 2020
National Thermal Power Corporation Lts. (NTPC)
  • The state-run electricity giant National Thermal Power Corporation (NTPC) Singrauli’s Unit 1 has emerged as the top-performing unit in the country in the first quarter of the financial year 2020-21 as per the data released by Central Electricity Authority.
  • Singrauli Super Thermal Power Plant is located at Shaktinagar in Sonebhadra district of Uttar Pradesh. The power plant is the first power plant of NTPC.

T-Hub partners with MeitY and Digital India to lead program for hardware startups

July 12, 2020
t-hub
  • T-Hub announced its partnership with the Ministry of Electronics and Information Technology (MeitY) and Digital India.T-Hub will lead Digital India’s Scale Up program for hardware and IoT startups across India.
  • MeitY and Digital India aim to provide scale up opportunities to the startups and make them ready in terms of product, investment and new market access.

Qualcomm to invest Rs 730 crore in India’s Reliance Jio Platforms

July 12, 2020
jio qualcomm
  • US chipmaking giant Qualcomm’s venture arm has invested Rs 730 crore (approximately $97 million) in Jio Platforms for a 0.15 percent stake. This is the 13th foreign investment in Reliance’s $65 billion digital business in a span of 12 weeks.
  • The investment will deepen the ties between Qualcomm and Jio Platforms to support Jio Platforms on its journey to roll out advanced 5G infrastructure and services for Indian customers.

ADB Renews Pact with IEA to collaborate on Energy Sector

July 12, 2020
abd iea agreement
  • ADB has renewed the Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to further scale up collaboration and advance progress on sustainability on energy sector resilience in the Asia and the Pacific region.
  • The three-year agreement, upto 2023, will enable the two organisations to share knowledge and best practice in energy sector data and analysis, on-the-ground engagement, capacity building, technology and innovation among other areas.

NTPC Ltd won 2019 CII-ITC Sustainability Awards 2020

July 12, 2020
ntpc award
  • National Thermal Power Corporation  Ltd, a central PSU under Minister of Power and India’s largest power generation company, has won the prestigious CII-ITC Sustainability Award 2019, under the outstanding Accomplishment in Corporate Excellence Category.
  • NTPC has received Commendation for Significant Achievement in the category of CSR.

SEBI Revamps advisory committee on mutual funds

July 13, 2020
SEBI
  • The Securities and Exchange Board of India (SEBI) has re-constituted its advisory committee on mutual funds that advises the capital markets regulator on matters related to regulation and development of the mutual fund industry.
  • The revamped advisory committee on mutual funds has 20-member and will be headed Usha Thorat, former deputy governor of Reserve Bank of India (RBI).

Roles & Responsibilities of the committee:

  • Issues related to regulation and development of the mutual fund industry.
  • Disclosure requirements and measures required for a change in the legal framework to introduce simplification and transparency in mutual fund regulations

WHO sets up independent panel to review its handling of COVID-19 pandemic

July 13, 2020
WHO
  • The World Health Organization (WHO) has set up an independent panel to review its handling of the COVID-19 pandemic and the response by governments.
  • The panel will be co-chaired by former New Zealand Prime Minister Helen Clark and former Liberian President Ellen Johnson Sirleaf.
  • The panel will provide an interim report to an annual meeting of health ministers in November and present a substantive report in May 2021.

India becomes second-largest source of FDI in United Kingdom

July 13, 2020
Foreign direct investment (FDI)
  • Based on the latest figures, released by the government of United Kingdom, India has moved up one place to become the second-largest source of foreign direct investment (FDI) in UK in the financial year 2019-20. It was the third largest FDI source in 2018-29.
  • United States remained the top source of FDI for UK in 2019-20.
  • The top five largest source of FDI in UK included US, India, Germany, France and China and Hong Kong.

India Ranks Eighth For Cancer Preparedness index 2020 Among 10 Asia-Pacific Countries

July 13, 2020
cancer preparedness
  • India has been ranked eighth for cancer preparedness among 10 Asia-Pacific countries where Australia ranked 1st.
  • The Economist Intelligence Unit (EIU) report on “Cancer preparedness in Asia-Pacific: Progress towards universal cancer control”, sponsored by Roche, examines the findings from the EIU’s Index of Cancer Preparedness.
  • The report describes the complexities of the challenge of cancer facing 10 Asia-Pacific countries Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea, Thailand and Vietnam.

Singapore PM Lee Hsien Loong wins elections

July 13, 2020
Lee Hsien Loong
  • Singapore Prime Minister Lee Hsien Loong has secured a “clear mandate” with his ruling People’s Action Party (PAP) winning 83 of the 93 contested parliamentary seats in the general election held amidst the COVID-19 pandemic, with the Opposition gaining ground by winning a record 10 seats.

Actor-Singer-Model Divya Chouksey passes away due to Cancer

July 13, 2020
Divya Chouksey
  • Actress, model and singer Divya Chouksey has passed away after battling cancer.
  • Divya was one of the contestants in the Miss Universe India pageant in the year 2011

TV Actor Rajan Sehgal passes away of multiple organ failure at 36

July 13, 2020
Rajan Sehgal
  • Renowned Punjabi and Hindi film and television actor Ranjan Sehgal, who acted in the film Sarbjit, has passed away due to multiple organ failure at an age of 36.
  • He had also worked in television shows such as ‘Savdhan India’ and ‘Crime Patrol’.

NITI Aayog Atal Innovation Mission launches ATL App Development Module for school children

July 13, 2020
NITI Aayog
  • The Atal Innovation Mission (AIM) of NITI Aayog has launched the ATL App Development Module for school children across the country, in line with Prime Minister Narendra Modi’s vision of AtmaNirbhar Bharat.The ATL App is an online course by AIM and is completely Free.
  • The innovative course will have six project-based learning modules and online mentoring sessions to enable the young innovators learn how to build mobile apps in various Indian languages and showcase their talent.
  • The course has been jointly developed by AIM and Indian startup, Plezmo

Hockey India appointed Gyanendro Ningombam, as the new Officiating President

July 13, 2020
Gyanendro Ningombam
  •  The Hockey India Executive Board has named former chief executive officer (CEO) of Manipur Hockey, Gyanendro Ningombam, as the new Officiating President of Hockey India.
  • The decision was taken after the resignation of Mohd Mushtaaque Ahmad as the president of the Hockey India on 7th July.

FICCI Survey Estimates FY21 GDP Growth to be in Negative Territory

July 14, 2020
FICCI
  • Industry body FICCI said its Economic Outlook Survey has projected the country’s annual median GDP growth for 2020-21 at (-) 4.5 per cent with a minimum and maximum growth estimate of (-) 6.4 per cent and 1.5 per cent respectively for 2020-21.
  • With the rapid spread of COVID-19 pandemic manifesting into an economic and healthcare crisis globally, the latest forecast marks a sharp downward revision from the growth estimate of 5.5 per cent reported in the January 2020 survey.

Google Plans to Invest Rs. 75,000 crore in India in the next 5-7 years to boost Digital India

July 14, 2020
google
  • Technology giant Google will invest Rs. 75,000 crore (around $10 billion), in India over the next 5-7 years to boost India’s digital economy
  • This announcement was made by Google and Alphabet CEO Sundar Pichai at the sixth edition of ‘Google for India’ virtual event on 13 July 2020.
  • The dedicated ‘Google for India Digitisation Fund’, will be deployed for this purpose.
  • The investments will be made through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments.

The main focus of the Investments will be on four key areas:

  • Enabling affordable access and information to every Indian in their own language,
  • Building new products and services relevant to India’s unique needs
  • Empowering businesses as they continue to embark in digital transformation
  • Leveraging technology and Artificial Intelligence for social good in areas like healthcare, education and agriculture.

TamilNadu Chief Minister Palaniswami honored with Paul Harris Fellow

July 14, 2020
Palaniswamy
  • The Rotary Foundation of Rotary International having its headquarters at Chicago, has honoured TN Chief Minister Edappadi K Palaniswami with Paul Harris Fellow recognition.
  • The Paul Harris Fellow recognition is accorded to honour people who render efficient services in providing drinking water, sanitation, prevention of diseases, environment, world peace etc., to its people.

Chhattisgarh receives “elites excellence awards -2020”

July 14, 2020
Chhattisgarh
  • The Mukhyamantri Darpan and mobile App which contains the details of all the flagship schemes of the Chhattisgarh government including the ambitious ‘Suraji Gaon Yojna’ has been awarded “Elites Excellence Awards-2020” at the national level.
  • The state of Chhattisgarh has been awarded this honour by the country’s prestigious IT institution Elites Technomedia under the ‘Digital India initiative’.

BCCI appoints Hemang Amin as interim CEO

July 14, 2020
Hemang Amin
  • Hemang Amin, the Chief Operating Officer of the Indian Premier League, has been appointed interim chief executive officer (CEO) of the Board of Control for Cricket in India (BCCI).
  • He will replace Rahul Johri who recently resigned as the chief executive officer (CEO) of BCCI and his resignation was accepted by the BCCI office-bearers.

Rudrendra Tandon appointed India’s next Ambassador to Afghanistan

July 14, 2020
Rudrendra Tandon
  • Rudrendra Tandon appointed as the new envoy to Afghanistan and Vikram Doraiswami as a high commissioner to Dhaka.
  • He is currently the Indian envoy to ASEAN at Jakarta

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