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Republic Day 2021 may have chief guest as UK PM Boris Johnson
India has reportedly invited British Prime Minister Boris Johnson as the chief guest on Republic Day 2021. Last week, the Prime Minister of Britain was given this invitation during a phone call from Prime Minister Narendra Modi. Prime Minister Modi had a conversation with Boris Johnson on 27 November via a phone call to discuss the Covid-19 pandemic, climate change and other issues. During this phone call, the two leaders reiterated their shared commitment to work towards a long jump in India-UK partnership, post-Covid, post-Brexit era. He also agreed that, there is tremendous potential to increase cooperation between the two
Scientists made world’s smallest memory device
Researchers have created the world’s smallest memory device. This development could lead to the manufacture of faster, smaller and more energy-efficient electronic chips for consumer electronics and brain-inspired computing. Researchers have also discovered material science that unlocks deep memory storage capabilities for these small devices. This research was recently published in a journal called ‘Nature Nanotechnology’. Its researchers are from the University of Texas, Austin. Scientists have reduced the size of the smallest and thinnest memory storage device by shrinking the cross-section area to just one square nanometer. According to the researchers, they have been able to make this device
Now 24×7 facility transfer money from RTGS system by RBI
The Reserve Bank of India (RBI) has introduced a new time frame for the Real-Time Gross Settlement (RTGS) system, which has come into effect from December 1, 2020. This top bank of India has now provided the facility to customers to transfer funds on all days of every week on a 24×7 basis through real-time gross settlement (RTGS) system. As of November 30, 2020, the RTGS system provided the facility of transfer of funds to customers from 7 am to 6 pm on all working days of the week, except the second and fourth Saturdays of every month. The real-time
Government of India plans to create 5 crore jobs in MSME sector
Union Minister of Micro, Small and Medium Enterprises (MSME), Nitin Gadkari addressed the Virtual Horacis Asia Meeting 2020 on November 30, 2020 and stated that, the central government is to create more than 5 crore jobs for MSME sectors only Is making a plan. In his address, he also said that in the coming years, India will be the top automobile manufacturing center in the world and compared to China, India has more growth potential. He also said that, availability of raw materials, talented young manpower and favorable policies of the Central and State Governments are making India a preferred
Central Government Launches “Mission Covid Suraksha”
The central government has launched ‘Mission Covid Suraksha’ to facilitate the development of around 5-6 Covid-19 vaccines. According to the Department of Biotechnology (DBT) of the Government of India, this will also ensure that, various vaccines are offered for market introduction and licensing. DBT further noted that, this mission focuses on the preclinical phase as well as clinical development, through the manufacturing and regulatory facility to the end of the Kovid-19 vaccine development. Earlier in November 2020, the Government of India announced a third incentive package of Rs 900 crore for the ‘Mission Covid Suraksha – Indian Covid-19 Vaccine Development
USA becomes India’s second largest FDI source in first half of FY 2020-2021
According to data provided by the Ministry of Commerce and Industry, the United States emerged as the second largest source of foreign direct investment (FDI) for India during April-September 2020. It has replaced Mauritius during the first half of the financial year 2020. According to the data shown by the department to promote industry and internal trade, India has earned FDI of US $ 7.12 billion from USA and USD 2 billion has been invested in India from Mauritius, making this country Has slipped to fourth place during April-September 2020. Earlier during the same period in 2019-20, Mauritius was the
Garima Griha National portal started to issue ID cards and certificates for transgender persons
Union Minister of Social Justice and Empowerment Thaawarchand Gehlot inaugurated the ‘Garima Griha’, a national portal for transgender persons and a shelter home for transgender persons, on 25 November 2020. The purpose of this National Portal is to encourage the people of the transgender community to come forward and acquire transgender certificates and identity cards according to their self-identity, which is an important provision under the Transgender Persons (Protection of Rights) Act, 2019. Transgender persons will be able to use this national portal to apply for online certificates and identity cards. All applicants will be able to get their ID-cards
Hydrography Implementation Agreement signed between Defense Minister Rajnath Singh and his Vietnamese counterpart
On November 27, 2020, India’s Defense Minister Rajnath Singh attended a bilateral virtual meeting with his Vietnamese counterpart, General Ngo Juan Lich, to discuss important ways of broad strategic friendship and partnership between the two countries. Giving information about this meeting on Twitter, the Defense Minister said that, there has been a huge expansion in defense cooperation between India and Vietnam. He also shared information in his tweet during this virtual bilateral meeting with his Vietnamese counterpart about fruitful conversations on various issues. During this bilateral virtual meeting, the Hydrographic Implementation Agreement was also signed in the presence of the
India Officially Enters Recession, GDP Contracts By 7.5 Percent In 2020-21 Q2
According to government data released on November 27, 2020, the Indian economy declined by 7.5 percent in the second quarter (July to September) of FY 2020-21. With this contraction, India has officially recorded a technical slowdown for the first time. This contraction is a rebound from the first quarter of FY 2020-21. India’s economy had declined by 23.9 percent in the April to June quarter (first quarter, FY 2020-21), marking the first contraction in 40 years as the Kovid-19 epidemic led to consumer demand and private investment dominating. Be influenced by According to the Ministry of Statistics and Program Implementation,
Ban on International Flights will continue till 31 December : DGCA
The Directorate General of Civil Aviation (DGCA) has extended the ban on movement of commercial international flights to India till 31 December 2020 due to the Corona crisis. By December 31, no commercial international flight in the country will go out of India nor can it come from another country. However, special flights going under the Vande Bharat Mission will continue during this time. Earlier, DGCA had ordered to increase the ban on international flights till November 30. The crisis of corona epidemic in the country is still going on. Commercial international flights are banned from 23 March this year.
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