Ministry for Corporate Affairs Introduces C-PACE

TheMinistry of Corporate Affairs (MCA)has established theCentre for Processing Accelerated Corporate Exit (C-PACE)to streamline the process of removing companies from theMCA Register. The purpose of C-PACE is to reduce the burden on the registry and provide a convenient process for stakeholders to remove their companys name from the register.

This initiative is part of MCAs effort to make doing business and exiting easier for companies.

C-PACE will operate under theRegistrar of Companies (RoC)and will handle applications for processing and disposal.

The office of C-PACE was inaugurated on May 1, 2023, by R.K. Dalmia, the director of inspection and investigation at MCA.

Centre to Launch New 75 Coin to Mark New Parliament Inauguration

The Ministry of Finance has announced the launch of a special 75 coin to commemorate the inauguration of Indias new parliament building. Prime MinisterNarendra Modiwill unveil the coin on Sunday, 28 May, coinciding with the celebration of Indias 75 years of independence.

The newly minted 75 coin will feature the iconic Lion Capital of the Ashoka Pillar on one side, with the wordsSatyamev Jayatebelow it. The coin will bear the inscription Bharat in on the left side and India in English on the right. It will also display the rupee symbol and the denomination value of 75 in international numerals beneath the Lion Capital. On the reverse side, an image of the parliament complex will be depicted, with Sansad Sankul written in Devanagari script on the upper periphery and Parliament Complex in English on the lower periphery.

Journal: 20% healthy adults have pre-diabetes glucose metabolism

About 20 per cent or one in five adults considered healthy by medical standards, have glucose Metabolism similar to those with pre-diabetes, according to a study published in the journal Mayo Clinic Proceedings: Digital Health.

These healthy adults were identified using a new method of analysis, developed by scientists at Klick Health, a US based life sciences Company that flags a precursor to prediabetes called impaired glucose homeostasis (IGH).

The team has stressed the need for intervention to stop these adults from becoming diabetic.

Participants were diagnosed diabetic, pre-diabetic, or healthy, according to guidelines outlined by the American Diabetes Association.

After applying the mathematical model, patients were then re-classified into two groups based on their glucose homeostasis parameters: effective or impaired.

Google Bard Now Available in 180 Nations

Google Bard now comes up in India with its latest features and upgradation initiated by the multinational company. In the beginning, it was only accessible in UK and US.

This AI model can be used for multiple works including creating answers to your questions, helping with coding projects, etc.

Improved images and PaLM2 updates have been recently added to the companys bucket list with its advancing tools.

India looks beyond Alphonso, to push other mango exports

A Himsagar mango from Bengal may land on a plate in South Korea, or a Zardalu could reachMauritius. India, the worlds largest mango producer, is looking to diversify its basket forexportsand will push varieties from North India, while also resuming shipments to the US.

There is also an effort to diversify the markets beyond the strongholds of theUAE, the EU and Nepal, with Japan, South Korea, Australia and Mauritius also on the radar. Although India is the largest producer, Mexico and evenPakistancommand a higher share of the export market, which India is trying to capture. While domestic consumption as well as high sugar content, especially in the north Indian varieties is seen as the factors for low exports, there are issues related to standards too.

Form national task force to monitor remedial steps to improve air quality in 124 cities: NGT to govt

TheNational Green Tribunal(NGT) has directed the Centre to constitute an eight-member national task force to monitor remedial steps to improve the status of air quality in 124 non-attainment cities (NACs) across the country.

The national task force (NTF) will also monitor enforcement of air quality standards in other identified air polluted areas, beyond NACs, where air quality is poor. The 124 NACs are those which did not meet the national ambient air quality standards during 2014-19.

In 2018, the tribunal also asked the NTF to see whether a National Air Quality Atlas may be created by classifying cities or districts in terms of air quality in different categories such as red, orange and green for taking prioritised pollution abatement measures.

Cabinet nod to reimplement law on fighting NCRs bad air

TheUnion cabineton Wednesdayapprovedthere-promulgationofordinanceonair quality managementinNational Capital Region(NCR) and adjoining areas spread over four states Haryana,Punjab,RajasthanandUttar Pradesh with important changes that seek to assuage farm unions opposed to the new Agriculture-notes-for-state-psc-exams”>Agriculture laws.

The ordinance, promulgated initially in October 2020, lapsed last month as the Centre could not bring the required bill to replace it due to curtailment of the budget session.

The CAQM will have power to strictly enforce mitigation measures under enhanced penalty provisions, better coordination, and through research, identification and resolution of problems surrounding air quality index of the region referred as an airshed.

IIT-I collaborates with NASA to develop low cost camera setu.

IIT Indore, in PARTNERSHIP with NASA-Caltech and the University of Gothenburg in Sweden, has designed an inexpensive camera setup that can capture multispectral images of four chemical species in a flame using a single DSLR camera. Previously, capturing such images required a complicated system with four cameras, but this new setup can simultaneously capture multiple spectral three-dimensional images of four chemical species in a flame using only one DSLR camera.

After almost three years of research, a team of five researchers collaborated with the University of Gothenburg in Sweden and NASA-Caltech in the USA to create the CL-Flam, a low-cost DSLR camera device. The device was developed at a cost of approximately Rs 50,000

Asian Wrestling Championships 2023: Aman Sehrawat wins Indias 1st Gold Medal

Aman Sehrawat, a freestyle wrestler, won Indias 1st gold medal, under the mens 57kg freestyle category, at the Asian Wrestling Championships 2023. 36th edition of Asian Wrestling Championships was held in Astana, Kazakhstan, from 9 April to 14 April 2023

India to chair Commonwealth group on reform of financial architecture

During the Commonwealth Finance Ministers High-Level Working Group Meeting held in Washington D.C., finance ministers from several Commonwealth nations have urged for a comprehensive overhaul of the global financial architecture to improve the availability of development financing for countries that are vulnerable

They have also agreed to appoint India as the chair and Nigeria as the deputy chair of the Finance Ministers Working Group for a Commonwealth Call for Reform of the Global Financial Architecture. The ministers joint demand for reforms reflects their shared commitment to addressing the needs of developing countries and promoting global economic stability

HDFC Bank Signs $300 Million Credit Agreement with Export-Import Bank of Korea

HDFC Bank, the leading private sector bank in India, has signed a Master Inter Bank Credit Agreement with the Export-Import Bank of Korea, with a total value of US $300 million. The signing ceremony took place in GIFT City, Gujarat, and aims to help HDFC Bank raise foreign currency funds, which will be used to support Korea-related businesses

The credit line will be utilized by HDFC Bank for the funding requirements of companies with participation by Korean firms, companies having business relationships with Korean companies, and consumers who wish to purchase cars manufactured by Korea-related companies