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PM Modi to inaugurate AIIB Annual Meeting 2018

PM Modi will inaugurate the third annual meeting of Asian Infrastructure Investment Bank. The two-day meeting will be hosted by the Department of Economic Affairs, Ministry of Finance, in Mumbai. Ministry of Finance, in partnership with the Federation of Indian Chambers of Commerce & Industry

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Government releases draft on cross-border insolvency resolution

The government released a draft on cross-border insolvency that would help banks access overseas assets of a company undergoing resolution. The Indian authorities will also be required to cooperate with foreign creditors to a domestic company. The draft favours adoption of the UNCITRAL model on dealing with cross-border insolvency. The UNCITRAL model law envisages a balance between liquidation and reorganisation of global companies going in for resolution

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Re-development of 7 Delhi colonies

The redevelopment of the seven government colonies in Delhi will lead to an increase in the green area coverage by about 3 times from the existing green space area. The government colonies include Nauroji Nagar, Netaji Nagar, Sarojini Nagar, Mohammadpur, Sriniwaspuri, Kasturba Nagar and Thyagaraj Nagar. The redevelopment of the seven colonies is being done with complete adherence to environmental sustainability

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England women make highest T20 total

England Women registered the highest-ever total in women’s T20I cricket history by scoring 250/3 against South Africa Women in a T20I tri-series match. England Women surpassed the previous highest total of 216/1 scored by New Zealand Women against South Africa Women earlier in the day. New Zealand Women had overtaken Australia Women, who had recorded 209/4 in March

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US unveils world’s most powerful supercomputer

US scientists have unveiled the world’s most powerful and smartest scientific supercomputer named “Summit” that can complete over 200,000 trillion calculations per second. This supercomputer called Summit will be eight times more powerful than its previous top-ranked system, Titan.  The Summit supercomputer demonstrates the strength of American leadership in scientific innovation and technology development

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Sikkim govt appoints A.R. Rahman as its Brand Ambassador

Renowned music composer A.R. Rahman has been appointed as the Brand Ambassador of the Sikkim government. He was appointed at the onset of ‘The Red Panda Winter Carnival 2018’, which aimed at increasing the flow of tourists. Sikkim government had made Mr. A.R. Rahman its Brand Ambassador of tourism and business. The 51-year-old music producer, who has in his kitty two Academy and two Grammy Awards, is now in Sikkim. Rahman had been made Sikkim’s brand ambassador of tourism and business. 

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Rajasthan No.1 in water conservation

NITI Aayog has ranked Rajasthan at first place among states in water conversation as it registered a significant increase in the level of groundwater. This achievement is due to water conservation structures built under Chief Minister’s Jal Swawlamban Abhiyaan programme. NITI Aayog has ranked Rajasthan at No.1 among the states in water conversation. The water level has increased in the state due to water conservation structures built under Chief Minister’s Jal Swawlamban Abhiyaan programme.

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Amazon CEO became the Richest Person in the World

Amazon founder and CEO Jeff Bezos, the wealthiest person in the world, is richer than he has ever been before. The tech titan’s net worth has grown over $5 billion and now totals $141.9 billion, according to the Forbes World’s Billionaires list. That makes Bezos worth roughly $49 billion more than Bill Gates and about $60 billion more than Warren Buffett.

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World’s first International Centre for Humanitarian Forensics

The world’s first International Centre for Humanitarian Forensics is launched at Gandhinagar in Gujarat today. It is a joint venture of the Regional delegation of the International Committee of the Red Cross in India, Bhutan, Nepal and the Maldives and also Gujarat Forensic Science University. Inaugurating the Centre, Additional Chief Secretary in the Gujarat government. The state has always taken a lead in implementing innovative ideas

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Nadda launches National Health Resource Repository

Nadda launches National Health Resource Repository. The first-ever registry in the country registry of authentic, standardized and updated geospatial data of all public and private healthcare. The Indian Space Research Organisation is the project technology partner for providing data security. Under the Collection of Statistics Act 2008, more than 20 lakh healthcare establishments such as hospitals, doctors, clinics, diagnostic labs, pharmacies and nursing homes would be enumerated under this census, which will capture data on more than 1,400 variables. 

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