GS-III

India building new fighter jet

The Advanced Medium Combat Aircraft (AMCA), India’s next indigenous fighter, is expected to make its first flight by 2032. Development work on the jet is under way. “The AMCA will feature geometric stealth and will initially fly with two GE-414 engines. Once we develop our own engine, it can be …

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‘IITs need to hire foreign faculty’

The Indian Institutes of Technology need to hire regular foreign faculty to break into top global rankings, IIT Delhi Director V. Ramgopal Rao says. In an interview with The Hindu , Professor Rao underlined the need for the brightest minds to pursue research rather than land a finance job or …

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‘Old GDP data only a draft’

The government on Sunday clarified that the back-series GDP data purportedly released by it was just a draft using one of the several possible calculation methods, and the Ministry of Statistics and Programme Implementation would announce the results when it settled on a final method. “It is clarified through this …

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When help dropped from the skies

Air Marshal B. Suresh’s primary concern as he air-dropped relief supplies over flood-hit Chenganoor on Sunday was to ensure that he did not accidentally injure citizens marooned on roofs. The Air Officer Commanding-in-Chief, Southern Air Command, had made a mid-day sortie into the swamped locality on board an MI-17 B, …

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Focus shifts to relief as waters recede in Kerala

Death toll rises to 210; over seven lakh people take shelter in relief camps After five days of extremely heavy rain and floods that ravaged several parts of Kerala, Sunday brought respite following a gradual decrease in rainfall and receding water levels in the flood-affected areas, particularly Chengannur and Chalakudy. …

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‘India PC market rises 28% in April-June’

India’s PC shipments notched a healthy 28.1% growth in April-June 2018 to 2.25 million units, buoyed by strong notebook demand, research firm IDC India said. On the pecking order of vendors, IDC said, HP Inc. maintained its leadership with a market share of 31.6% during the quarter followed by Dell …

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Payment operators must ensure cybersecurity: Patel

Reserve Bank of India (RBI) Governor Urjit Patel has urged payment system operators to ensure adequate attention is paid to ensuring cybersecurity and redressing customer grievances. “Operators should ensure that no corner is cut regarding cybersecurity — after all, in a network environment we are only as strong as the …

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Proposal for city-level GDP under study

With urban India responsible for an increasingly large share of the national GDP, the Centre now hopes to bring out city-level GDP data. This could help both cities and investors make wise decisions, and also help municipal bodies raise funds for their own infrastructure needs, according to a senior official …

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82,000 rescued in battered Kerala

Hundreds of volunteers and fishworkers joined hands with teams of the armed forces, National Disaster Response Force, and State government agencies in a massive operation to rescue over 82,000 citizens from flooded locations in four districts on Friday. The rescue efforts which commenced at daybreak continued into the night. Helicopters …

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India Ratings cuts growth forecast for FY19 to 7.2%

Points to headwinds from elevated global crude prices and minimum support prices for kharif crops as reason. India Ratings and Research (Ind-Ra) has revised its FY19 economic growth forecast down to 7.2% from 7.4% earlier. It cited the headwinds emanating from elevated global crude oil prices and the government’s decision …

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Growth impulses remain strong: Patel

Reserve Bank of India (RBI) Governor Urjit Patel sees domestic growth impulses continuing to remain reasonably strong as the monsoon, which has been normal ‘so far’, augurs well for the farm sector, according to the minutes of the Monetary Policy Committee’s meeting earlier this month. “The manufacturing sector has continued …

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