Source: PIB What is the News? Atal Innovation Mission has concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors. About AIM-iLEAP Initiative: AIM-iLEAP (Innovative Leadership for Entrepreneurial Agility and Profitability) initiative was organised by Atal Innovation Mission(AIM) in partnership with Startup Réseau and… Continue reading Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’
Author: Abdul
Black carbon could lead to premature mortality: Study
Source: PIB What is the News? According to a study, Black Carbon has a significant adverse effect on human health and leads to premature mortality. Key Findings of the Study: The Indo-Gangetic plain has a high burden of black carbon with serious implications for regional climate and human health. A 10-point increase in air pollution… Continue reading Black carbon could lead to premature mortality: Study
SERB launches Fund for Industrial Research Engagement (FIRE) Initiative
Source: PIB What is the News? Science and Engineering Research Board (SERB) in collaboration with Intel India has launched the Fund for Industrial Research Engagement(FIRE) Program. About Fund for Industrial Research Engagement(FIRE) Program: The FIRE program is a joint government and industry initiative with an aim to promote innovative technology solutions and strengthen academic research… Continue reading SERB launches Fund for Industrial Research Engagement (FIRE) Initiative
Accredited investors: All you need to know about this new category
Source: Livemint What is the News? Securities and Exchange Board of India(SEBI) has come up with a framework for creating so-called accredited investors. What are Accredited Investors? Accredited Investors are those investors who may be considered to be well-informed or well-advised about investment products. Eligibility to become Accredited Investor: Anyone is eligible to become an… Continue reading Accredited investors: All you need to know about this new category
Cabinet approves BharatNet implementation through Public Private Partnership Model
Source: PIB What is the News? Union Cabinet has accorded approval for the revised implementation strategy of BharatNet through Public-Private Partnership(PPP) mode in 16 States of the country. BharatNet Project: BharatNet Project was originally launched in 2011 as the National Optical Fibre Network(NOFN) and renamed as Bharat-Net in 2015. What is the revised implementation strategy… Continue reading Cabinet approves BharatNet implementation through Public Private Partnership Model
Chamoli disaster due to avalanche
Source: The Hindu What is the News? The Geological Survey of India has come out with a report. It suggests that the disaster which hit Chamoli district of Uttarakhand was possibly due to an avalanche. Note: An avalanche (also called a snowslide) is a rapid flow of snow down a slope, such as a hill… Continue reading Chamoli disaster due to avalanche
India launches Asia’s longest High Speed Track for automobiles
Source: PIB What is the News? The Minister of Heavy Industries and Public Enterprises has inaugurated NATRAX- the High Speed Track(HST) in Indore, Madhya Pradesh. What is High Speed Track(HST)? A High-Speed Track (HST) is used for measuring the maximum speed capability of high-end cars like BMW, Mercedes, Audi, Ferrari, Lamborghini, Tesla. At present, foreign… Continue reading India launches Asia’s longest High Speed Track for automobiles
Capex push to aid economy: CEA
Source: Livemint What is the News? According to the Chief Economic Advisor(CEA), the Government is following a Capital Expenditure(Capex) driven strategy to boost economic activity in the country. Key facts mentioned in the article: What is Gross Fixed Capital Formation(GFCF)? Gross Fixed Capital Formation(GFCF) represents investment demand in the economy. As per RBI, GFCF refers… Continue reading Capex push to aid economy: CEA
SEBI tightens norms related to independent directors
Source: TOI What is the News? Securities Exchange Board of India (SEBI) has approved various amendments to rules governing the appointment, re-appointment, and removal of Independent Directors. Who are Independent Directors? An independent Director is a director on a board of directors representing minority shareholders. He/she does not have a pecuniary relationship with the company… Continue reading SEBI tightens norms related to independent directors
Justice Department launches “Enforcing Contracts Portal”
Source: PIB What is the News? The Department of Justice has launched the “Enforcing Contracts Portal”. Background: The Doing Business Report is the flagship publication of the World Bank Group. It benchmarks business regulations in 191 economies. The Ease of Doing Business (EoDB) index ranks countries. It is an indication of an economy’s position relative… Continue reading Justice Department launches “Enforcing Contracts Portal”
