Navratna Defence PSU Bharat Electronics Limited (BEL) on August 30, 2022, signed an MoU with Smiths Detection, a global leader in threat detection and security inspection technologies, for offering advanced, high-energy scanning systems to the Indian market.

 

The MoU will leverage the high-end, technological capabilities of both the firms to meet India’s domestic security needs. It has been signed in line with the Indian Government’s ‘Make in India’ initiative, which seeks to increase manufacturing activities in India.

 

With a marked increase in movement of people and goods at critical infrastructure, land borders and urban sensitive points, there is a growing requirement for screening technologies in India. 

 

To facilitate ease of doing business and enhance safety, the Indian Government is investing in port and land border security. Moreover, the requirement for industry-leading high-energy scanning technology is being driven by Defence installations, which need to screen large volumes of vehicles and impose restricted entry at sensitive areas. 

 

BEL will handle front-end requirements in the market, supporting localization of the projects. Smiths Detection will provide its state-of-the-art screening technology and technological expertise for the project. The MoU is for a period of five years and can be extended further by mutual consent..

Source : Freepressjournal

Blue Energy Motors, a two-year old start-up backed by a Singapore-based firm, unveiled India’s first Liquefied Natural Gas (LNG) fuelled green truck in Chakan near Pune on 2nd Sept 2022.

 

The trucks are powered by Iveco FPT, global powertrain brand of Iveco Group. The company claimed that the engines generate high torque and help trucks deliver best in class TCO (total cost of ownership) and offer unmatched ride comfort and safety for the drivers for long hauls. The market entry of the LNG-fuelled trucks will start with the introduction of 5,528 4x2 tractor by the end of the current month.

 

Union Minister of Road Transport and Highways "Nitin Gadkari" inaugurated the facility which has an installed capacity of 10,000 trucks annually. “This is the fuel for the future,” said Gadkari. It's cost effective and a change-maker for the transport sector. It is a great alternative to petrol and diesel at a time when we import so much," he added.

 

Responding to how these trucks will run given the almost non-existent LNG infrastructure, Anirudh Bhuwalka, chief executive at Blue Energy said, “These are long-haul trucks that can travel up to 1,400 kilometres in one fill.” About 20 LNG stations are coming up and by next one year this is expected to go up to 50 stations. Various public sector undertakings (PSU) and private oil and gas marketing companies are setting up these, he added..

Source : Business Standard

Former Mohun Bagan and East Bengal goalkeeper Kalyan Chaubey has become the new All India Football Federation President after besting former India captain Bhaichung Bhutia 33-1 in polls decided by the 34-member voters’ list made up of state association representatives.

 

Chaubey, a Bharatiya Janta Party leader from West Bengal, has become the first former national team player to be elected as the head of Indian football’s governing body. 

 

The election results come on the back of a dark phase in Indian football, having suffered a temporary ban from the world football governing body, FIFA owing to a classic case of third party interference after the Supreme Court appointed a Committee of Administrators to run the daily operations at AIFF.

 

While the participation of Bhutia, a premier football figure in the country and the second most capped India player of all time, had brought the election into more light, his counterpart had been seen as a favorite owing to his political experience. The 45-year-old had contested and lost in the 2019 general elections in Krishnanagar..

Source : Indian Express

Odisha Chief Minister Naveen Patnaik on Thursday(1st Sep 2022) disbursed Rs 869 crore for the state’s 41.85 lakh farmers, under its KALIA scheme, and assured them of additional aid for crop losses suffered in the recent floods.

 

According to an official, an amount of Rs 2,000 each was directly transferred to the bank accounts of 41 lakh small and marginal farmers and other 85,000 landless farmers in Odisha under the Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme for Rabi crop.

 

The state government had in 2018 launched the KALIA scheme, under which the farmers are given Rs 4,000 in two equal instalments.

Patnaik, on the occasion, said, “Nuakhai is the festival of Mother Earth. Mother Earth blesses us with resources that are made available to use through the hard work of our farming communityThey are our pride and glory.” Talking about the scheme, he said, “It has given hope and confidence to small farmers. It also helps protect the livelihood of landless farmers.” The CM assured the farmers of additional assistance for crop losses in recent floods that hit the state..

Source : The Print

Union Minister of Chemical and Fertilizers, Dr. Mansukh Mandaviya 29th August 2022 launched the Integrated Pharmaceutical Database Management System 2.0 (IPDMS 2.0) and Pharma Sahi Daam 2.0 App. It will provide a single window for submissions of various forms as mandated under Drug Price Control Order, 2013. He was addressing the Silver Jubilee celebrations of National Pharmaceutical Pricing Authority (NPPA).

 

The National Pharmaceutical Pricing Authority was set up as an attached office of the Department of Chemicals and Petrochemicals (now Department of Pharmaceuticals since July, 2008) on August 29, 1997. It functions towards implement and enforce the provisions of the Drugs Price Control Order (DPCO) and monitors the availability of drugs, identifies shortages, if any, and takes remedial steps, among several other functions..

Source : News on Air

IILM University takes immense pride in elevating the Legal Education System of India with the launch of the first National Education Policy 2020 (NEP 2020) Compliant Law School in the country.

 

IILM University, with the approval of the government of Uttar Pradesh and the recognition of the Bar Council of India (BCI), announces this big breakthrough.

 

The IILM Law School, known for its state-of-the-art infrastructure, is located in an exceptionally spacious Twin Block with sprawling lush green outer space. It has an enchanting splendour and a student-friendly campus. One of its key attractions is its Incubation Centre, aimed for grooming the law students with the advocacy skills to become prolific litigating lawyers and promising judges. 

 

It is also a great place to study for those who aspire to be civil servants, Judge Advocate Generals (JAG) in the Indian Army, corporate lawyers and in-house counsels.

 

The IILM University's interdisciplinary teaching and training technique are in compliance with NEP 2020 which directs the IILM Law School to achieve its goal of planned experiential learning through many practical initiatives..

Source : Business Standard

The Quad group meeting will be hosted by India in New Delhi with Japan, U.S, and Australia in the coming week. The Quad meeting is the first such “Senior Officers Meeting” (SOM) to be held after tensions rose between China and Taiwan. The Quad SOM meeting is one of several meetings to be held between India and Indo-Pacific Partners.

 

The Quad SOM meeting is going to be held anytime between 5th-6th September 2022. The SCO summit in Uzbekistan in mid-September is ahead of the Quad SOM meeting. 

 

Prime Minister Narendra Modi along with the important leaders of Russia, Iran, China, Pakistan, and Central Asia will attend the SCO Summit, as it is the first such in-person meeting since the outbreak of the COVID-19 pandemic and the Russia-Ukraine war.

 

 The officials of the Ministry of External Affairs will follow the Quad meeting with an India-US 2+2 “inter-sessional” meeting, with U.S Assistant Secretary of State for South and Central Asia Donald Lu leading the American delegation to discuss bilateral issues. 

 

The meeting will also be attended by officials of the Australian Department of Foreign Affairs and Trade (DFAT) and the Direction General of the Foreign Policy Bureau from Japan’s Ministry of Foreign Affairs..

Source : The Hindu

With an aim to support growth stage startups in manufacturing and sustainability-related sectors, the Karnataka government on Thursday(1st Sep 2022) launched - the Global Startup Challenge – VentuRISE. VentuRISE will be a part of the Global Investors Meet - Invest Karnataka 2022, which will be held from 2 - 4 November 2022 in Bengaluru.

The global challenge will help entrepreneurs across the globe with a platform to showcase their innovative products or solutions and connect with potential investors.

 

A cash prize of $100,000 is earmarked for the winners. The winners will also get access to customers, exclusive pitch sessions at Invest Karnataka and curated investor meetings and mentoring sessions.

Unveiling the logo of VentuRISE at the launch, Minister for Large and Medium Industries Murugesh R Nirani said the aim is to promote Karnataka as the preferred destination for startups in manufacturing and sustainability sectors.

 

EV Ramana Reddy, Additional Chief Secretary to Commerce and Industries said, “Karnataka is the go-to destination for innovation in industries. Through the Challenge, we aim to identify the top innovators and growth stage startups in manuf a c tur ing and allied sectors.” Over 2,000 applications are expected for this challenge and they will be shortlisted by October 25, 2022..

Source : New Indian Express

The all India house price index (HPI) rose by 3.5 per cent year-on-year in the first quarter of 2022-23, according to data released by the Reserve Bank of India.

The growth in the HPI was 1.8 per cent during January-March and 2 per cent in the April-June quarter of 2021-22.

 

The RBI said the year-on-year movements in HPI varied widely across the cities - ranging from a growth of 16 per cent in Kolkata to a contraction of 4 per cent in Bengaluru.

 

On a sequential basis, all India HPI increased by 2.2 per cent in the first quarter of 2022-23. Delhi, Kolkata, and Jaipur recorded sequential contraction in the index, while it rose for the remaining cities.

 

The central bank releases its quarterly house price index (HPI) based on transaction-level data received from the housing registration authorities in 10 major cities.

 

The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai..

Source : NDTV