IREDA gets Infrastructure Finance Company status from RBI

The Reserve Bank Of India (RBI) has granted an Finance Company (IFC) status to Indian RENEWABLE ENERGY Development Agency (IREDA) today. It was earlier classified as Investment and Credit Company (ICC).

With the IFC status, IREDA will be able to take higher exposure in RE financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fund raising.

The recognition of IREDA as an IFC will increase the investors confidence, enhance the brand value, and generate positive outlook in the market. The grant of IFC status is a recognition of IREDAs 36 years of Infrastructure Financing and development with focused development

of Renewable Energy. With IFC status, IREDA will keep contributing towards Govt. of Indias target of 500 GW installed capacity of non-fossil fuels by 2030.

IREDA has been promoting,

developing and financing new and renewable sources of energy with the motto: Energy for Ever since 1987. It finances all RE technologies and value chain such as solar, wind, hydro, bio-energy, Waste to Energy, Energy Efficiency, e-mobility, battery storage, biofuel and new and emerging technologies.

Oscars 2023: RRRs Naatu Naatu wins Best Original Song

The 95th Academy Awards (Oscars 2023) have announced that RRRs Naatu Naatu won Best Original Song. The song had to beat out songs like Applause from Tell It Like a Woman, Hold

My Hand from Top Gun: Maverick, Lift Me Up from Black Panther: Wakanda Forever, and This is Life from Everything Everywhere All At Once. The Oscars 2023 was accepted by lyricist Chandrabose and composer Keeravani.

The songs words were written by Chandrabose, with music by MM Keeravaani, and it was performed by Kala Bhairava and Rahul Sipligunj. Naatu Naatu received the Golden Globe for best song. RRR became the first Indian film to win a Golden Globe as a result of the victory.

Bhutans graduation from the UN list of Least Developed Countries

Recently, at the United Nations Least Developed Countries (LDC) Summit that concluded on March 9 in Doha, Qatar, the landlocked Himalayan kingdom of Bhutan will no longer be on the list of LDCs and will become only the seventh country to graduate from the list

Bhutan was included in the first group of LDCs in 1971.However, over the last few decades, it has made remarkable progress on

a variety of socio-economic metrics.

Bhutan first fulfilled the requirements for graduation in 2015, and then again in 2018. Bhutan was therefore scheduled to graduate in 2021

Indias Moon Mission, Chandrayaan-3 clears a crucial Test of Space Capability, Expected to set off in 2023

The Indian Space Research Organization (ISRO) will soon launch its third moon mission, Chandrayaan-3. As per the official announcement, the spacecraft has cleared another round of its space capability tests. The EMI-EMC (Electro-Magnetic Interference/ Electro-Magnetic Compatibility) tests were successfully endured by the third spacecraft.

The Indian Space Research Organisation, ISRO notified that it is a big achievement in the realization of the satellites. The space agency also announced that one of the most crucial tests was conducted between January 31 and February 2 at U R Rao Satellite Centre, Bengaluru.

The EMI-EMC test is organized for satellite missions in order to ensure the functionality and productivity of spacecraft or satellite subsystems in the space Environment.

The compatibility with the expected electromagnetic levels can also be verified through this test.

Indias Mineral Production Goes up by 10 % in December 2022

The index of mineral production of mining and quarrying sector for the month of December, 2022 (Base: 2011-12=100) at 107.4, is 9.8% higher as compared to the level in the month of December, 2021, as per the provisional figures of Indian Bureau of Mines (IBM). At the same time, the cumulative Growth for the period April-December, 2022-23 over the corresponding period of the previous year is 5.4 per cent.

Production level of important Minerals in December, 2022 were: Coal 833 lakh tonnes, Lignite 35 lakh tonnes, Natural gas (utilized) 2888

million cu. m., Petroleum (crude) 25 lakh tonnes, Bauxite 2272 thousand tonnes, Chromite 340 thousand tonnes, Copper conc. 10 thousand tonnes , Gold 174 kg, Iron Ore 251 lakh tonnes, Lead conc.30 thousand tonnes, Manganese ore 307 thousand tonnes, Zinc conc. 137 thousand tonnes, Limestone 355 lakh tonnes, Phosphorite 170 thousand tonnes, Magnesite 9 thousand tonnes and Diamond 43 carat.

AICTE and BPRD Jointly Launch KAVACH-2023

Advancing Indias cyber-preparedness, KAVACH-2023, a national level hackathon was launched to identify innovative ideas and technological solutions for addressing the cyber security and cybercrime challenges of the 21st century. KAVACH-2023 is a one-of-a-kind national hackathon jointly developed by https://exam.pscnotes.com/all-india-council-for-technical-Education“>All India Council for Technical Education(AICTE), Bureau of Police Research and Development (BPRD) and Indian Cyber Crime Coordination Centre

KAVACH-2023 is a unique kind of national hackathon jointly conducted by MoEs Innovation Cell, AICTE, Bureau of Police Research and Development (BPR&D, MHA) and Indian Cyber Crime Coordination Centre (I4C, MHA) to identify innovative ideas and technological solutions for addressing the cyber security and cybercrime

challenges of the 21st century faced by our Law Enforcement Agencies and common citizens.

KAVACH-2023 will be conducted in two phases. In the first phase, the problem statements, grouped into various buckets such as Fake News/Social Media, Dark web, Women safety, Phishing Detection, Video analytics/CCTV, Obscene Content Detection, Spam Alert, and Malware Analysis/Digital Forensics shall be posed to the public.

EU formally bans gas and diesel car sales from 2035

In a move to boost the transition to electric vehicles (EVs), the European Parliament has approved the law to ban the sale of new gas and diesel cars in the EU, starting in 2035.

The new legislation sets the path towards zero CO2 emissions for new passenger cars and Light commercial vehicles in 2035 (an EU fleet-wide target to reduce CO2 emissions produced by new cars and vans by 100 per cent compared to 2021).

The Commission

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will present by 2025 a methodology to assess and report data on CO2 emissions throughout the full life-cycle of cars and vans sold on the EU market.

Manufacturers responsible for small production volumes in a calendar year (1,000 to 10,000 new cars or 1,000 to 22 000 new vans) may be granted a derogation until the end of 2035 (those registering fewer than 1 000 new vehicles per year continue to be exempt).

MSME Technology Centre Inaugurated By PM

Prime Minister Narendra Modi virtually launched an ‘MSME Technology Centre’ in on the occasion of National Youth Day 2022.

Highlights:

It will be run by the Union Ministry of Micro, Small, and Medium Enterprises (MSME).

The Rs 122 crore technological hub was established with an emphasis on the Electronic System Design and Manufacturing (ESDM) sector.

The center was officially opened at the 25th National Youth Festival in Puducherry (12th and 13th January 2022).

In Puducherry, he also opened the ‘Perunthalaivar Kamarajar Manimandapam,’ a new auditorium featuring an open-air theatre.

This world-class technology center, which spans ten acres and will train 20,000 students, support 2000 SMEs, and incubate 200 start-ups, will help boost the local economy to

new heights.

The Prime Minister’s opening of this MSME Technology Centre will improve Skill development and instill Entrepreneurship among the region’s youth.

BARC News Channel Ratings

Information & Broadcasting Ministry asked the Broadcast Audience Research Council (Barc India) to resume news channel ratings with immediate effect.

Ministry has asked to release of viewership data of news channels

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as well as to release the last three months data of news channels in monthly format.

As per ministry, reporting of viewership data of news and Niche genres will be done on the basis of four week rolling Average concept.

BARC has revised its processes, oversight mechanisms and protocols.

It has initiated changes in Governance structure in-line with TRP committee report and TRAI recommendations.

It has also initiated reconstitution of its board and technical committee for inducting independent members.

Furthermore, BARC has formulated a permanent oversight committee and has also revamped access protocols of data.

First BrahMos Export Order

India and Philippines are expected to sign a $374.9 million deal in last week of January 2022, for BrahMos shore-based supersonic cruise missile systems supply.

This deal will be signed as part of Philippines plan to strengthen its DEFENCE amid territorial conflict with China.

The deal would involve an unspecified number of

missiles & launchers, payment schedule, spare parts, and delivery & training schedule.

Prior to this, Philippines Department of National Defence published a Notice of Award, asking BrahMos to sign the contract. This means, Philippines has accepted Indian proposal and is now looking to sign the contract.

To sign the deal, an Indian delegation is scheduled to visit Manila. With this deal, first export order for the BrahMos cruise missile will be made, which has a range of 290 km.