Space Tech Innovation Network

The Indian Space Research Organisation (ISRO) has signed a Memorandum of Understanding (MoU) with Social Alpha to establish a SpaceTech Innovation Network (SpIN).

Social Alpha is a multistage innovation curation and venture development platform supporting activities concerning Science and Technology. It supports innovators and entrepreneurs who are involved in the creation of social, economic and environmental impact to address Indias developmental challenges. It operates through a

124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
nationwide network of technology and business incubation , with the sponsorship from Tata Trusts, the Indian Government, and other academic, philanthropic and corporate partners.

Climate Investment Opportunities in Indias Cooling Sector report

The report said that as temperatures steadily rise in India due to https://exam.pscnotes.com/Climate-change”>Climate Change, keeping spaces cool using alternative and innovative energy efficient technologies can open an Investment opportunity of $1.6 trillion by 2040.

This also has the potential to reduce greenhouse gas emissions significantly and create nearly 3.7 million jobs.

The report has found thatshifting to a more energy efficient pathway could lead to a substantial reduction in expected CO2 levelsover the next two decades.

Indias cooling strategy can help save lives and livelihoods, reduce carbon emissions and simultaneously position India as a global hub for green cooling manufacturing.

The report suggests a sustainable roadmap for cooling that has the potential to reduce 300 million tons of carbon dioxide annually by 2040.

Sebi asks exchanges to set up Investor Risk Reduction Access platform

Markets regulator Sebi asked to set up an Investor Risk Reduction Access (IRRA) platform to give investors an opportunity to square off their position or cancel pending orders in case of disruption of trading Services provided by trading members.

It said in recent times, with increasing dependence on technology in the securities market,

there is a rise in instances of glitches in trading members systems, some of which lead to

disruption of trading services and investor complaints.

As per the provisions, trading members, upon facing technical glitches which lead to disruptionof trading services, can request for enablement of the IRRA service.

India to assume chairmanship of Wassenaar Arrangement on January 1, 2023

India will assume chairmanship of the plenary of the Wassenaar Arrangement for a year on

January 1, 2023, just five years after joining the 42-member voluntary export control regime

that monitors transfers of conventional weapons and dual-use goods.

The body is a multilateral export control

regime that works to promote transparency and

greater responsibility in transfers of conventional arms and dual-use goods and technologies

Through regular exchanges of information among its members.

Membership of the Wassenaar Arrangement has also bolstered Indias efforts to gain access to ensitive goods and technologies from leading players in the West.

World Bank hints that Global Economy on a steep Slowdown

Global economy on a steep Slowdown: According to the most recent study, the

global economy is experiencing a sharp decline after almost a year of uncertainty in 2022. TheWorld Bank report noted that the COVID-19 pandemics repercussions are still being felt todayin the form of Education losses, worldwide Inflation, supply chain disruptions, and other issueson a global scale.

The economy of the three biggest economies in the worldthe United States, China, and theeuro zonehave been rapidly slowing.

It went on to say that given the situation, even a slight blow to the world economy over the

course of the ensuing year may send it into a Recession.

In its study, the World Bank also noted that the escalating intensity of natural disasters

continues to shed Light on the social and economic effects of Climate-change”>Climate Change.

Dhawan-1: Indias First Privately Built Cryogenic Rocket Engine

Indias first privately built cryogenic rocket engine called Dhawan-1 was test-fired privately by Skyroot Aerospace.

Highlights:

Skyroot Aerospace exhibited the upper stage of its Vikram-2 launch vehicle.

The cryogenic rocket engine is 3D printed and made in India.

It has been named after Satish Dhawan, the third chairman of ISRO, as he pioneered the development of advanced launch capabilities of India.

Vikram Rocket has been identified after Vikram Sarabhai, who started India’s space program and conducted advanced nuclear research.

The rocket uses a mixture of Liquid Natural Gas, more than 90 per cent methane and Liquid Oxygen.

It is called “Methalox”, in the combined state, which forms a cryogenic rocket fuel.

This provides high performance and a low cost. The fuel is environmentally friendly, which is dubbed “Fuel of the future”.

Dhawan-1

The Dhawan-1 engine includes a vacuum thrust of about 1.5kN. The engine was tested on a specially built testbed at Solar Industries in Nagpur.

The engine is the upper stage of the Vikram-2 launch vehicle that uses Environment-friendly compounds called LNG and LOX. It is entirely 3D printed.

Pixxel 1 satellite is set to be launched in 2022, the first private satellite in an Earth Observation constellation in low

Earth orbit.

The UNESCO recently presented two Heritage Awards to the Nizamuddin Basti Project. The project was awarded for its conservation efforts. It was awarded with the Special Recognition for Sustainable Award and Award of Excellence.

The project restored more than 20 historic monuments located around 14thcentury Sufi Saint Hazrat Nizamuddin Auliya.

The Nizamuddin area consists of and Batashewala Tomb and tomb of a 16thcentury poet Rahim (Khan I Khanan). These regions were segregated and damaged. They were also renewed by the Nizamuddin Basti Project.

The project was started in 2007 by the Aga Kahn Trust for Culture, Archaeological Survey of India, Delhi Urban Heritage Foundation and the Delhi Municipal Corporation.

The Nizamuddin Basti Project is an Urban Renewal Project. It successfully unified the segregated zones of the seven-century old settlement of the Nizamuddin Basti and its surrounding 70 acres.

It integrated socio Economic Development, conservation and environmental development objectives in these areas.

India International Science Festival – 7 Edition

Panaji, Goa will host the 7th India International Science Festival From 10 to 13 December.

Highlights

From December 10 to 13, 2021, the 7th edition of the four-day India International Science Festival (IISF) will

be placed in Panaji, Goa.

“Celebrating Creativity in Science, Technology, and Innovation for a Prosperous India” is the festival theme for 2021. In 2015, the inaugural IISF was conducted in New Delhi.

The National Centre for Polar and Ocean Research (NCPOR) in Goa, which is part of the Ministry of Earth Sciences, is the organising body for IISF 2021.

Barbados Is The Worlds Newest Republic

Barbados is the Worlds newest republic, 400 years after it became a British colony.

Highlights

Barbados, the Caribbean Island nation, dismissed Queen Elizabeth II as the head of the state.

Dame Sandra Prunella Mason became

President of Barbados and was selected to become the first president of Barbados in October 2021.

She was announced by Speaker of the House of Assembly, Arthur Holder.

The British made Barbados a slave Society when it first became an English colony in 1625. It gained its independence

in 1966.

Seven states make it to Level-II in PGI 2020-21

he Performing Grade Index (PGI) looks at the Indian Education system as one of the largest in the world, with about 14. 9 lakh schools, 95 lakh teachers, and nearly 26. 5 crore students from varied socio-economic backgrounds. Devised by thedepartment of school educationand Literacy, the index provides insights and data-driven mechanisms on the statewise performance of the school education system.

The education ministry on Thursday released PGI 2020-21.

Offering a comparative analysis, the latest index report stated that none of the states has so far attained the highest level (L-I). The topmost score in 2017-18 was Level IV which improved to Level II (score range 901-950 out of 1000 in

2020-21), implying consistent improvement across states/ UTs over the last four years.

Yotta builds its first North Indias Hyperscale Data Center in Greater Noida

Yotta has unveiled North Indias first hyperscale data center, Yotta D1,in a grand inauguration ceremony at its Greater Noida Data Center Park. Honble Chief Minister of Uttar Pradesh,Yogi AdityanathandRajeev Chandrasekhar, Honble Union Minister of State for Electronics & IT and Skill development & Entrepreneurship inaugurated Yotta D1in thepresence of leading IT leaders and government officials.

The first of 6 data center buildings in the Greater Noida data center park,Yotta D1,has been set up with an Investment of around Rs. 1,500 crores and has been built and made operational in

a record time of 20 months. Once fully operational, Yotta D1 will see an additional investment of Rs. 5,000 crores in IT equipment.