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“CAWACH” response center set up by Dept. of Science and Technology

dept of science and technology
  • Center for Augmenting War with COVID-19 Health Crisis( CAWACH), a rapid response center has been set up by Dept of Science and Technology.
  • It has been set up with a total cosst of 56 crore at Society for Innovation and Entrepreneurship(SINE), IIT Bombay.
  • It has been set up to support startups that are working to find some innovating solutions for the COVID-19

Hackathon ” Hack the Crisis-India ” launched

hack the crisis in india
  • Hackathon “Hack the crisis-India” has been organized by “Hack a cause-India” and ” Ficci Ladies Organization Pune” along with the support of the Ministry of Electronics & Information Technology, Government of India.

World-famous Virologist “Gita Ramjee” passed away.

gita ramjee
  • “Gita Ramjee” a well-known virologist from South Africa passed away due to the Novel coronavirus.
  •  She was conferred with the Outstanding female scientist award in Lisbon, in 2018 for her research and commitment to finding new HIV prevention methods.

Global Economy can suffer a loss of USD 4 Trillion due to COVID-19: ADB

ADB
  • Due to Global Coronavirus Pandemic, Asian Development Bank(ADB) has projected that the global economy can suffer a whooping loos of USD 4 trillion as most of the countries are under partial/complete lockdown and the substantial decrease in import/export of countries. 

All health insurance policies to cover COVID hospitalization expenses: IRDAI

IRDAI

Insurance Regulatory and Development Authority of India(IRDAI) has made it mandatory to cover hospitalization charges of COVID-19 to protect patients from the financial burden due to this pandemic under the standard insurance Product “Aarogya Sanjeevani”

Telecom service providers and C-DOT develop COVID Quarantine alert system

C-DOT
    • In order to keep corona virus positive quarantined  patients within the quarantines area, telecom service providers and The Centre for Development of Telematics(C-DOT) has developed an application that can alert through SMS or e-mail  in case if quarantined patient leaves the quarantine zone.

Govt launches corona tracker app: Aarogya Setu

aarogya setu
  • As number of cases of COVID-19 are increasing at a rapid pace, government of India has launched an app to guide people about the Corona Virus.
  • “Aarogya Setu” is launched by the National Informatics Center that comes under the Ministry of Electronics and Information Technology.
  • This app uses location based tracking and bluetooth technology and alerts users if they come in contact with any corona positive patient.

Google to donate USD 6.5 million to tackle fake news related to coronavirus

google
  • With the whole world struggling to tackle COVID-19 , Google is going to donate USD 6.5 million to no-profit organizations and fact checkers to stop spread of fake news.
  • It will help people get access to genuine information when there is lot of fake information circulating all over social media platforms.

ADB downgrades India’s GDP to 4% for FY2021

ADB

Asian Development Bank expects India’s economy to grow at 4% for the financial year 2020-21. 

Click Here for the Updated list of GDP Predictions

‘Ex NCC Yogdan’ launched by NCC to fight COVID-19

ncc
  • National Cadet Corps(NCC) has launched ‘Ex NCC Yogdan’ for its volunteer cadets to fight COVID-19.
  • Under this, NCC has issued guidelines to temporarily employ its cadets in relief works or in case of any emergency that may arise due to COVID-19 in the near future.

Dilip Kumar Patel appointed as new Director HR of NTPC

dilip kumar patel
  • Dilip Kumar Patel has been appointed as Director Human Resource of National Thermal Power Corporation (NTPC) Limited.

Bob Weighton is the world’s oldest man alive

Bob Weighton
  • Bob Weighton from United Kingdom is designated as world’s oldest man alive by the Guinness world Records.
  • He received this title after Mr. Chitesu Watanabe of Japan passed away.

“Watson Assistant for citizens” AI bot by IBM launched

ibm
  • IBM has launched an Artificial intelligence based platform named ” Watson Assistant for Citizens” to address queries related to COVID-19.
  • It uses Natural Language Processing and Artifical intelligence to learn and create a suitable response to the queries of the users.

Bio suit” Personal Protective Equipment” launched by DRDO

DRDO
  • A bio Suit named ” Personal Protective Equipment” has been launched by Defence Research and Development Organisation(DRDO)
  • DRDO has made this suit by keeping special focus on doctors that are treating crona positive patients to save them from infection. 

USD 100 million green bonds listed in India INX by SBI

SBI
  • Green Bonds worth 100 million has been listed by State Bank of India on Bombay Stock Exchange’s India International Exchange(India INX).
  •  Green bonds are debt securities issued by financial, non-financial or public entities where the proceeds are used to finance 100 per cent green projects and assets. 
  • India now has the second-largest emerging green bond market after China.

MOU signed between Wipro3D and SCTIMST for manufacturing ventilators

wipro

MOU has been signed between Wipro3D and Sree Chitra Trinual Institute for Medical Sciences and Technology for the manufacturing of ventilators to tackle any sudden rise in demand due to COVID-19.

Multi-feed oxygen Manifold designed by Visakhapatnam Naval dockyard

Multi-feed oxygen Manifold
  • Portable multi-feed oxygen manifold has been designed by the Visakhapatnam based Naval Dockyard.
  • This portable system ca deliver oxygen to multiple patients at a time. 

Indian Bank launches 3 new products for farmers and poultry workers.

Indian Bank
  • To support farmers and poultry workers during the COVID-19 outbreak, Indian Bank has launched the following 3 new products.
  •  IND COVID emergency Agro-processing Loan: Agro-processing units can avail 10% of the working capital
  • IND Covid Emergency poultry loan scheme: Poultry sector can avail 20% of the working capital.
  • IND KCC Covid Sahaya Loan: Farmers having Kisan Credit card facility can avail 10% of the limit as soft loan.
  • SHG Covid Sahaya Loan:   Women members of Self Help Groups can avail loan of Rs. 5000 each repayable in easy instalments.

World Bank contributes $1 billion to India for its project against COVID-19

World Bank
  • The World Bank has contributed $1 billion to the Indian government for India’s COVID-19 emergency response and health systems preparedness project.
  • The project will respond and lessen the COVID-19 threat and strengthen national systems for public health preparation in India, as per the project document.

L. Duraiswamy designated as new MD of Sundaram Home Finance

  • Lakshminarayanan Duraiswamy has designated as the new Managing Director of the Sundaram Home Finance.
  • He has taken place of Srinivas Acharya who was serving as the Managing Director of Sundaram Home Finance since 2010.
Lakshminarayanan Duraiswamy