GS-III

Indigenous missile successfully tested

The Defence Research Development Organisation on Sunday successfully test-fired the indigenously developed Quick Reaction Surface to Air Missile from the Integrated Test Range in Chandipur. “Two missiles have been tested against two live targets, meeting complete mission objectives of engaging the targets. The systems have been tested in final configuration …

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M.P. returns over 25% of target under PMAY

Rural Development Minister calls State’s decision an unprecedented situation Madhya Pradesh has surrendered more than a quarter of its allotted Pradhan Mantri Awas Yojana (Grameen) houses for this financial year, giving up 2.32 lakh out of a total 8.32 lakh houses. This is the first time any State has done …

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Tenders cancelled to boost ‘Make in India’

DPIIT changes norms to promote indigenous goods Government tenders worth over Rs. 25,000 crore were either cancelled or modified and re-issued after the Department for Promotion of Industry and Internal Trade (DPIIT) stepped in to change their conditions to promote ‘Make in India’ goods, a top official said. “The Department …

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170 rescued from flooded hospital

Discharge of water from nearby Mulshi dam flooded Pune hospital basement Around 170 people, including 50 patients and 120 staff members, were evacuated from Surya Hospital in Pune’s Wakad on Sunday after continuous discharge from the nearby Mulshi dam flooded its basement. “After the water reached the hospital basement, a …

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Navy, IAF rush to Mumbai’s aid

Bhatsa, Uihas rivers breach banks, leaving people stranded in their homes The Indian Navy, Army and Air Force on Sunday participated in rescue operations to assist Thane, Palghar and Kalyan district administration as Bhatsa and Barvi dams overflowed leading to Bhatsa and Ulhas rivers breaching their banks and stranding people …

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Post Acharya’s exit, RBI rejigs portfolios

With Deputy Governor of the Reserve Bank of India (RBI) Viral Acharya demitting office on Tuesday, the central bank has allocated his portfolios to other Deputy Governors. Deputy Governor B.P. Kanungo gets the all-important monetary policy department, which means he will be a member of the six-member monetary policy committee …

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‘Data breaches cost firms dear’

Each employee lost Rs. 5,019 on lost data, stolen record: study Data breaches have cost Indian enterprises Rs. 12.8 crore on an average during the first half of calendar 2019, a 7.29% increase compared with a year ago. Each employee incurred a loss of Rs. 5,019 on account of lost …

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Recoveries help IOB narrow loss

Lender trims loss Rs. 342 crore from Rs. 919 crore, also aided by lower provisioning Public Sector Indian Overseas Bank’s (IOB) net loss for the first quarter ended June 2019 narrowed to Rs. 342 crore from the Rs. 919 crore reported during the corresponding quarter last year, on lower provisioning …

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IMF cuts India’s growth forecast for 2019-20 to 7%

Cites weaker-than-expected outlook for domestic demand The International Monetary Fund (IMF) has cut India’s growth forecast for 2019-20 to 7% from its forecast in April of 7.3% on poor demand conditions, it said on Tuesday. The IMF’s World Economic Outlook July update also cut India’s growth forecast in 2020-21 to …

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Thumbs up for new NRC deadline

Re-verification would have caused a lot of misery, says AAMSU Various organisations in Assam welcomed the Supreme Court’s order extending the deadline for publishing the final NRC to August 31 and turning down the request of the Centre and Assam government to conduct 20% sample re-verification of listed names in …

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Paperless travel takes off at KIA

Airport rolls out biometric-based self-boarding facility Passengers at the Kempegowda International Airport (KIA) will soon have the option of boarding their flight without producing travel documents at each touch point, with the KIA rolling out a biometric-based self-boarding facility. Vistara passengers travelling from Bengaluru to Mumbai on Monday were the …

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Race for the moon gains mileage

China’s Chang’e mission in December July 2019 is a special year for space history. Other than it being the successful launch of Chandrayaan-2 into earth orbit, it also marks the 50th anniversay of the famed Apollo 11 mission of July 1969 that for the first time saw humans land on …

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