India and Japan to conduct joint exercise to strengthen cooperation in air defence

The joint exercise, which will go through January 26th, intends to encourage international collaboration in air DEFENCE.

Four Su-30 MKI, two C-17, and one IL-78 aircraft from the Indian contingent will take part in the air exercise, while four F-2 and four F-15 aircraft from the JASDF will take part.

According to a statement from the Ministry of Defence, the first exercise would involve several aerial combat drills between the two Air Forces.

Theyll engage in sophisticated multi-domain air combat operations while exchanging best practises.

NIPER Research Portal

The Ministry of Chemicals recently launched the NIPER Portal to help the pharmaceutical innovate and research.

Highlights:

NIPER is the National Institute of Pharmaceutical Education and Research.

The NIPER Research Portal will provide information on the organization’s research efforts.

The portal will also provide a list of NIPER’s patents and publications. It will house all of the NIPERs’ research data in one location. This makes information more accessible.

Researchers will be able to contact appropriate organizations with the help of the site.

It will enable researchers to work with the appropriate institution and make their study more impactful.

The gateway will aid the pharmaceutical industry’s development. It will aid collaboration between industry and academia.

Digital Rights And Principles Proposed By EU

The European Union is the first to propose digital rights in the world. The rights are intended to promote Democracy and protect people’s rights.

Highlights:

It ensures a secure Internet experience. The rights aspire to give all of its member countries affordable digital connectivity.

It also intends to improve the internet’s speed. The rights will equip the classrooms and hire digitally adept teachers.

In addition, digital rights will allow for seamless access to government Services. It will give children a secure .

India-UAE Capital Funds to Support Start Ups

India and the United Arab Emirates have pooled their Resources to create a $150 million fund to support startups.

Highlights:

Within the next ten years, the fund will assist in creating ten unicorns. Unicorns are companies with a market capitalization of more than one billion dollars.

The fund was announced at the Dubai EXPO 2020. The fund will act as a Catalyst for the startups’ development.

It will be highly beneficial to startups in their early stages of development.

In both countries, the fund will support at least fifty startups. The fund’s Indian representative is NASSCOM.

A Memorandum of Understanding was signed between India and the United Arab Emirates to raise the fund.

UNESCO Heritage List – Nordic Clinker Boats

In December 2021, the United Nations’ cultural agency, UNESCO, inscribed the Nordic “clinker boats” to its Heritage List.

Highlights:

For thousands of years, wooden sailboats have allowed northern Europeans to spread influence, trade, and even conflict across continents and seas.

The UNESCO designation was requested jointly by Denmark, Iceland, Finland, Sweden, and Norway.

The term “clinker” is said to refer to the way the building’s wooden boards were attached.

The use of overlapping longitudinal hardwood hull planks distinguishes wooden clinker boats.

These planks are held together by stitched or riveted seams. Internally, boats are fortified with additional wooden components, particularly tall oak trees.

Gaps are filled with a mixture of tar or tallow, animal hair, moss, and wool.

Dvara E-Dairy Solutions Launched AI Digital Tag

Dvara E- solutions has launched an AI (Artificial Intelligence) led digital tag, Surabhi e-Tag, to identify cattle based on muzzle identity. Dvara E-Dairy Solutions is a portfolio company of Dvara Holdings. This digital tag will be used for cattle Insurance products offered in PARTNERSHIP with IFFCO Tokio General Insurance.

Muzzle images of the cattle are collected through the Surabhi mobile application and stored in hi-resolution images as a unique digital identity.

The artificial intelligence-driven mobile application of Dvara E-Dairy captures muzzle images with the mobile phone, compares the cattles unique digital identity stored in a secured cloud server and retrieves the results in less than 60 seconds.

Conventional methods like polyurethane ear tags (PU ear tags) can be easily tampered with and are prone to duplication and fraud.

Losses of distribution companies (discoms) have declined by 38% to Rs 38,000 crore in FY20 from Rs 61,360 crore in FY19 as reforms initiated by theCentrereduced line losses and gradually brought about improvement in operations, power minister R KSinghsaid.

Releasing the ninth annual rating of discoms, Singh said the Average gap between the cost of power and revenue realisation of the utilities has also narrowed to 38 paise per unit from 42 paise during the period.

All the four discoms in Gujarat and one in Haryana DakshinHaryana Bijli VitranNigam were given A+ ranking by the report prepared by state-run power sector lenderPFC. Altogether eight discoms across Andhra Pradesh, Rajasthan, Meghalaya, Jharkhand, Manipur,TripuraandTamil Naduwere given C, or the lowest rating.

Underlining the importance of the ranking, Singh said a fair and accurate assessment of the true position of the distribution sector will help in assessing and improving its performance. This will also assist state governments, lending institutions and other stakeholders to take important decisions, he said. The rankings have a bearing on the discoms ability and cost of borrowings.

Production Linked Incentive Scheme for Specialty Steel

The Production Linked Incentive (PLI) Scheme for Specialty Steel has been approved by the .

Highlights:

The scheme will last five years, from 2023-24 to 2027-28.
The five specialty steel categories chosen for the PLI Scheme are as follows:
Steel Coated/Plated Products
Steel with a high strength/wear resistance
Specialty Rails
Steel wires and Alloy steel products
Electrical Steel
PLI incentive measures have 3 sectors, the lowest is 4%, and the highest is 12%, which have been provided for CRGO.

Schemes Requirement

With a budget of Rs. 6322 crores, the scheme is expected to generate approximately 40,000 crores in Investment and a capacity addition of 25 MT for speciality steel.

By the end of 2026-27, speciality steel production is expected to reach 42 million tonnes.

Speciality steel was selected as the goal segment because of the 102 million tons of steel produced in India in 2020-21, the country only produced 18 million tons of value-added steel/Specialty steel.

Secured Logistics Document Exchange -SLDE

The Secured Document Exchange (SLDE) and a Greenhouse Gas Emissions Calculator were both introduced.

Highlights:

The government launched a secure logistics document exchange platform for the digital exchange of logistics-related papers, as well as a greenhouse gas emissions calculator for selecting the most sustainable and appropriate mode of transportation for freight movements.

The SLDE platform is a solution for replacing the current manual process of logistics document generation, exchange, and compliance with a digitised, secure, and seamless document exchange system.

GHG Emissions Calculator:

The calculator is an effective and user-friendly tool for calculating and comparing GHG emissions across various modes.

It enables commodity-level comparisons of GHG emissions and total transportation costs, including environmental costs, between road and rail modes of transportation.

Anand Radhakrishnan Won Will Eisner Comic Award

Visual Artist (Graphic Artist) Anand Radhakrishnan has won the esteemed Will Eisner Comic Award, considered what could be compared to the funnies world. The Eisner Grants are given out every year and the honor won by Radhakrishnan “Best Painter/Mixed media Craftsman (inside workmanship)” perceives the maker of a realistic novel’s specialty and pictures.

Highlights:

Radhakrishnan imparts the honor to UK-based colourist John Pearson. They won for their work on UK-based creator Slam V’s 145-page realistic novel Blue In Green, distributed in October 2020 by Picture Funnies.

Two New Heritage Sites in Spain

The notable Paseo del Prado avenue and Retiro Park of Madrid, in Spain, has been allowed the situation with UNESCO World Legacy Locales. The wide tree-lined Paseo del Prado, in the focal point of the Spanish capital, is Home to conspicuous structures like the Prado Historical center. The notorious Retiro Park, simply connecting with Paseo del Prado, is a 125-hectare green space, and quite possibly the most visited attractions in Madrid’s set of experiences.