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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.

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.

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.

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.

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.

India is quickly moving to take its success in the area of drones to the next logical steps like using air taxis for urban mobility. Aviation authorities are tying up with international agencies to make the framework of rules to safely implement them same by devising air traffic management solutions; develop certification standards and putting in place the required infra.

TheDirectorate General of Civil Aviation(DGCA) has signed aMoUwith theEuropean Union Aviation Safety Agency(EASA) for cooperation in unmanned aircraft systems and innovative air mobility. This comes on heels of the two civil aviation authorities signing a letter of intent (LoI) on these two issues during the EU-India Aviation Summit held in New Delhi this April.

The MoU will also ensure regular information sharing between the two authorities on the technological developments and research in this area and also their respective strategies for outreach to relevant stakeholders. Further, the MoU will result in collaboration in conducting conferences, workshops, training programmers by DGCA and EASA in this area. The signing of this MoU is expected to result in harmonised standards and accelerated Growth of Indian unmanned aviation sector.

In a major milestone,Isro said it has integrated the Chandrayaan-3 spacecraft with the launch vehicle GSLV-Mk3or LVM3.

The space agency is looking at a mid-July launch (between July 12 and 19) window for India’s third lunar mission, and a second attempt at soft-landing equipment on Moon.

While the mission will carry a lander (Vikram) and rover (Pragna), it won’t carry an orbiter, which has been replaced by a propulsion module.
After its failed landing attempt in September 2019, Isro has carried out several changes on the lander.

Gujarat is among the top 10 states in India in deposits per capita, according to data from theReserve Bank Of India.

The states deposits per capita is Rs 97,000, ninth highest among the major states of India as of March 31, 2023. While the per capita deposits of several smaller states and Union territories are higher, among the major states, Gujarat stands ninth.

Gujarat is behind Delhi (Rs 3.94 lakh), Goa (Rs 3.92 lakh), Haryana (Rs 1.64 lakh),Punjab(Rs 1.51 lakh), Karnataka (Rs 1.26 lakh), Uttarakhand (Rs 1.24 lakh), Maharashtra (Rs 1.24 lakh) andKerala(Rs 1.02 lakh) on this parameter.

According to the latest report from the Gujarat state-level bankers committee (SLBC), aggregate deposits at banks in the state including scheduled , cooperative and small finance banks, stood at Rs 10.76 lakh crore.

India is poised to surpass the US as the second largest E-Commerce market by 2034, says a study by Shiprocket.

The global retail e-commerce stood at $3.35 trillion in 2019 and is expected to grow to $7.38 trillion by 2025. China e-commerce market was valued at $2779 billion in 2021. The US e-commerce market was the second largest market with $843 billion, followed by the UK, Japan, South Korea, Germany and France. India stood eighth with $67.53 billion.

According to the study, India may surpass the US by 2034 and be the second largest e-commerce market. India has the highest Growth in e-commerce followed by China. Countries like the US and the UK have been growing much slower.

India is also ranked 9th in cross-border e-commerce. Cross-border accounts for 20 per cent of global e-commerce. Indian products like fashion jewellery, textiles, ethnic wear and womens clothing have the potential to grow cross-border e-commerce.

On December 31, 2021, the central government approved the issuance of the 19th tranche of electoral , down that route of assembly polls in five states.

Highlights:

Electoral bonds will be available for purchase from January 1 to October 10, 2022.

The bonds will be issued and encashed by the State Bank Of India (SBI) through its 29 Authorized Branches.

Five states, namely Uttar Pradesh, Uttarakhand, Himachal Pradesh, Punjab, and Goa, will hold assembly Elections.

Electoral Bond

Electoral Bonds are a type of financial instrument that can be used to donate to Political Parties.

These bonds are available in denominations of 1000, 10000, 1 lakh, 10 lakh, and 1 crore rupees, with no upper limit.