Chevalier Award, Chevalier de L’Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters), has been conferred on International filmmaker Ashok Amritraj - the most famous Indian producer in Hollywood - Hyde Park Entertainment founder, by the French government in recognition of his contribution to the world of cinema and "Significant contribution to the enrichment of...
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Drones in India can now Fly Legally
Flying Drones is legal in India now as the Civil Aviation Regulations (CAR), to enable safe flying of Remotely Piloted Aerial Systems (RPAS) - popularly referred to as drones, released in August 2018, have come in effect from 01 December 2018. Drones are a frontier technology which has the potential to leapfrog India’s economic growth. This technology platfo...
Deep Sea Submergence Rescue Vehicle Inducted into Indian Navy
Indian Navy's first flyaway Deep Sea Submarine Rescue System, the most advanced system currently in operation globally, developed to maximise the chances of successfully rescuing the crew of a distressed submarine, was formally inducted by Admiral Sunil Lanba, Chairman Chiefs of Staff Committee and Chief of the Naval Staff, at the Naval Dockyard, Mumbai on Wednesday 12 December 2018 .Acquisition...
COP24 Katowice Consensus to Address Climate Change Threat
COP24, 24th meeting of Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) held at Katowice in Poland, meant to take forward steps to address the threat of climate change and designed to achieve the Paris summit goals of limiting temperature rise to below 2°Celsius, has moved ahead on implementation of the landmark 2015 Paris climate treaty afte...
Extradition of Christian Michel is a Diplomatic Success for India
Sensational Extradition to India of Christian Michel British businessman, alleged to be the middleman in the AgustaWestland helicopters case with allegations of bribing officials to secure the deal, that of a national from a third country not wanted for more serious crimes such as terror or murder, is believed to be an exceptional gesture made by the United Arab Emirates (UAE) a...
Information Fusion Centre – Indian Ocean Region Inaugurated
Information Fusion Centre - Indian Ocean Region (IFC-IOR), a collaborative construct that will work with partners, countries as well as international agencies; to enhance maritime security and safety, by building a common coherent maritime situation picture and acting as a maritime information hub for the region, was launched by Nirmala Sitharaman, Raksha Mantri, on Saturday 22 December 2018 at ...
Krishnamurthy Subramanian is Outstanding Choice As Chief Economic Adviser
Dr. Krishnamurthy Subramanian, an expert on banking, corporate governance and economic policy, has assumed office of the new Chief Economic Advisor on Friday 7 December 2018 for a period of three years. He replaces Arvind Subramanian, who resigned from the post after a four-year stint on 20 June 2018. His term was supposed to end in May 2019 but he wanted to...
Bankers ask RBI Governor Shaktikanta Das to ease PCA Norms
Prompt Corrective Action (PCA) is triggered when banks breach certain regulatory requirements like capital, asset quality (tracked in terms of the net Non-Performing Assets ratio) and profitability, and Reserve Bank of India (RBI) has on 11out of the 21 state-owned banks imposed PCA, which imposes lending and other restrictions on weak banks. These are Allah...
Successful Test Firing of Long-Range Missile Agni-5
Agni-5, a Long-Range Surface-to-Surface Nuclear Capable Ballistic missile, was successfully launched from a canister on a road mobile launcher at the Dr Abdul Kalam Island (Wheeler Island) off the coast of Odisha on Monday 10 December 2018, achieving all the mission objectives. Strategic Forces Command (SFC) carried out and monitored the launch operations in...
SpiNNaker: World’s Most Powerful Computer to Mimic Human Brain
SpiNNaker, world’s fastest brain-mimicking machine, a novel computer architecture inspired by the working of the human brain, a supercomputer with a million processing cores and 1200 interconnected circuit boards that together operate like a human brain, was switched on for first time by the Researchers in the UK on 2 November 2018. A special computer chip that ...