NATIONAL UPDATES:
1. IIT Madras researchers develop Ocean
Wave Energy converter:IIT Madras researchers have developed and deployed a system that
could generate electricity using energy from seawaves. The system named
Sindhuja-I, which was deployed by the researchers about six kilometres
from the coast of Tuticorin in Tamil Nadu, where the sea has a depth of about
20 metres. Currently, Sindhuja-I can produce 100 watts of energy. It will
be scaled up to produce one megawatt of energy in the next three years. Ocean Wave Energy Generator, IIT
Madras: Researchers at IIT Madras have developed and deployed a system
that could generate electricity using energy from seawaves.The system, dubbed
Sindhuja-I, was deployed by the researchers about six kilometres from the coast
of Tuticorin in Tamil Nadu, where the sea has a depth of about 20 metres.
Sindhuja-I can currently produce 100 watts of energy. It will be scaled up to
produce one megawatt of energy in the next three years. The Sindhuja-I system
consists of a floating buoy, a spar and an electrical module. The buoy moves up
and down as the waves oscillate up and down.
2. K.V. Suresh Kumar takes charge as Chairman and MD of
BHAVINI:Scientist of Department of Atomic Energy, K.V.
Suresh Kumar has assumed charge as Chairman and Managing Director of
BharatiyaNabhikiyaVidyut Nigam Limited (BHAVINI) at Kalpakkam
for three years. He completed his graduation in Chemical Engineering and
joined Department of Atomic Energy at BARC Training School in Mumbai (29th
batch) in1985. He joined in the operations of Fast Breeder Test Reactor
(FBTR) in 1986. Shri K.V. Suresh Kumar, Distinguished Scientist of
Department of Atomic Energy has assumed charge as Chairman and Managing
Director of BharatiyaNabhikiyaVidyut Nigam Limited (BHAVINI) on 2nd December
2022 at Kalpakkam. His tenure will be for three years. Shri Suresh Kumar
is a graduate in Chemical Engineering and joined Department of Atomic Energy at
BARC Training School in Mumbai (29th batch) in1985. He joined
in the operations of Fast Breeder Test Reactor (FBTR) in 1986
and was involved in the commissioning of various system of FBTR such as
Sodium heated Steam Generators, Steam & Water system and Turbo-Generator.
3. Technotex to be held in Mumbai February 2023:India's
premier show on Technical Textiles, ‘Technotex 2023’ will be held in
Mumbai from 22nd to 24th February 2023. Focus: To provide access and
networking opportunities to meet top CEOs, manufacturers, industry peers,
purchase managers and suppliers from India and around the globe. The event will
be organized by the Ministry of Textiles in collaboration with Federation
of Indian Chambers of Commerce Industry, under National Technical Textiles
Mission (NTTM). “The largest event of technical textile industry in India will
be held during the G-20 Presidency. It offers exceptional opportunity for India
to contribute to the global agenda on insistent matters of global
importance," said the Ministry of textiles in a press release.
4. India’s first gold ATM launched in Hyderabad: India’s
first Gold ATM and the world’s first real-time Gold ATM has been launched
at the Begumpet, Hyderabad. GoldsikkaPvt Ltd launched its first Gold
ATM with Technology support from M/s OpenCube Technologies Pvt Ltd, a
Hyderabad-based startup company. Each ATM has a capacity of holding upto 5
kgsof gold which is worth around Rs.2-3 crores. The ATM machine dispenses coins
ranging from 0.5 grams to 100 grams. There are 8 available options, including
0.5 grams, 1 gram, 2 grams, 5 grams, 10 grams, 20 grams, 50 grams, and 100
grams. People can come here and get the coins directly instead of going to
jewellery shops. These coins are 24-carat gold and 999 certified. The customers
will get their investment returns at a live price without any wastage.
INTERNATIONALUPDATES:
1. India, Germany sign Migration and
Mobility Agreement:India has
inked an agreement on a Comprehensive Migration and Mobility Partnership
with Germany, to help the citizens of both the nations to study, do
research and work in each other's country. The agreement was signed
between S Jaishankar (External Affairs Minister) and his German
counterpart AnnalenaBaerbock in New Delhi. This agreement also facilitates
the mobility and employment opportunities for fostering the
exchange of skills and talents. New Delhi [India], December 5 (ANI): External
Affairs Minister S Jaishankar today signed an agreement on Comprehensive
Migration and Mobility Partnership with his German counterpart AnnalenaBaerbock
in New Delhi. The agreement has provisions to facilitate mobility and
employment opportunities for fostering the exchange of skills and talents.
2. India ranked 48th in Global Aviation Safety Rankings
2022:According to the DGCA officials, India has been ranked at 48th
position in the 2022 global aviation safety ranking, published by the
International Civil Aviation Organization (ICAO). In 2018, India was ranked at
the 102nd position. In the ranking (2022), Singapore has topped the list,
followed by the UAE and South Korea at the second and third positions,
respectively. China is at the 49th place.ICAO Headquarters: Montreal,
Canada; Founded: 7 December 194 India is among the top 50 countries with the
best aviation safety in the latest ICAO rankings and the major breakthrough
will help domestic airlines in international expansion, the government said on
Sunday.In the rankings by the International Civil Aviation Organisation
(ICAO), India is now at the 48th position, a “quantum leap" from
the 102nd rank it had in 2018.
3. NDDB, Amul to provide tech support to boost milk
production in Sri Lanka:India will provide technical support to Sri Lanka
to enhance its dairy industry and milk output with an aim to reduce
the dependence on imported milk products. NDDB and the Gujarat Cooperative Milk
Marketing Federation have taken steps to provide necessary technical
support for the production of milk in Sri Lanka. Sri Lankan President,
RanilWickremesinghe has also appointed a panel to prepare a short,
medium and long-term plan to increase local milk production. India will provide
technical support to Sri Lanka to enhance its dairy industry and milk
output, a move aimed at reducing the cash-strapped country's dependence on
imported milk products, the Sri Lankan President's Office said on Monday.
OTHER UPDATES:
SPORTS
1. Anish Thoppani
won silver at Badminton Asia Junior Championships:Indian shuttler, Anish
Thoppani has clinched a silver medal in the under-15
category at the Badminton Asia Junior Championships, held in
Nonthaburi, Thailand. Anish lost the men's singles final against Chung-Hsiang
Yih (Chinese Taipei) by 8-21, 24-22, 19-21. While, India’s under-17 men’s
duo Arsh Mohammad and SanskarSraswat won silver medal.
UnnatiHooda won silver at the U-17 (women’s singles category), she
lost to SarunrakVitidsarn of Thailand. Indian shuttler Anish Thoppani clinched
a silver medal in the under-15 category at the Badminton Asia Junior
Championships in Nonthaburi, Thailand on Sunday. Anish lost the men's singles
final against Chinese Taipei's Chung-Hsiang Yih 8-21,
24-22, 19-21 to settle for silver. India’s under-17 men’s duo Arsh Mohammad and
SanskarSraswat also lost the final to secure a silver medal.
BANKING AND FINANCE
1. India’s first
gold ATM launched in Hyderabad:India’s first Gold ATM and world's first real-time Gold
ATM has been launched at the Begumpet, Hyderabad. The ATM
was set up by the Goldsikka in collaboration with Opencube Technologies
(Technology support). In this ATM, people can insert their debit or credit
cards into the Goldsikka and buy gold coins. The ATM has a capacity
of storing 5kgs of gold. There are 8 available options for the quantity of
gold starting from 0.5 grams to 100 grams. GoldsikkaPvt Ltd launched
its first Gold ATM with Technology support from M/s OpenCube Technologies Pvt
Ltd, a Hyderabad-based startup company on December 3. This is India's first and
the world's first real-time Gold ATM. "We have already taken care of the required
security measures as other ATMs. The ATM has a built-in camera and sound alarm
system, which will trigger if there someone tries to tamper with it. We have 3
external CCTV cameras and we are also getting tied up with local police
stations," he added.
2. AU Small
Finance Bank, ICICI Lombard partner for bancassurance:ICICI Lombard General
Insurance has signed an agreement with the AU Small Finance Bank for
bancassurance. Aim: To diverse bank's customers access to the Non-life
insurer’s portfolio and enhance penetration across India With this partnership,
the general insurance’s suite of ICICI Lombard products will be offered
across over 980 banking touchpoints of bank. AU Small Finance Bank has
been expanding its distribution footprints across India. AU Small Finance
Bank is rapidly expanding its distribution footprints across India and this
tie-up between two giants in their respective industries will aim to further enrich
its general insurance offering with agile, digital & paperless solutions
offered by ICICI Lombard. The entire suite of products will be offered across
980+ banking touchpoints spread over 20 states & 2 union territories. The
customer centric products will provide long term financial security to
customers and their families. With both organizations believing in offering the
best to the customers through innovation and consistency, this partnership
would offer customers the best of both worlds.
3. Digital payments worth Rs 38.32 lakh
crore carried out in July-Sep 2022:As per the report, released by the Wordline India, more
than 23 billion digital payment transactions (worth Rs 38.32 lakh crore)
were carried out in July-September 2022. UPI based transactions
dominated the segment both in terms of value and volume. UPI has clocked
over 19.65 billion transactions (worth Rs 32.5 lakh crore). The average
ticket size of transactions done through credit cards was
highest at Rs 4,833 and the lowest in the case of mobile wallets at
Rs 382. More than 23 billion digital payment transactions worth Rs
38.32 lakh crore were carried out in July-September 2022 through UPI, debit and
credit cards, prepaid payment instruments like mobile wallets etc, fintech
firm Wordline India said in a report.
AWARDS AND HONOURS
1. NHAI and Maha-Metro achieved a
Guinness world record:The National Highway Authority of India
(NHAI) and Maharashtra Metro Rail Corporation Limited
(Maha-Metro) have achieved a Guinness world record Reason: The authorities
have constructed the longest double-decker viaduct (3.14 km) spanning with a
highway flyover (on the Wardha Road in Nagpur, Maharashtra) and metro rail
supported on a single column.The project has already bagged records from
Asia Book and India Book. NHAI Chairperson: AlkaUpadhyaya, HQ: New Delhi Shri
Gadkari said the project has already bagged records from Asia Book and India
Book. Now receiving this eminent award is indeed a proud moment for the
country. The Minister said he heartily thanks & salutes the incredible
engineers, officers & workers who persevered round the clock to make this
happen.
2. Three people received chosen for Nadoja Award:Director of Sri Jayadeva Institute of Cardiovascular Sciences and Research Bengaluru C N Manjunath, and writers Krishnappa G and S Shadakshari have been chosen for this year’s Hampi Kannada University’s NadojaAward. Manjunath’s contributions in the medical field and social services, Krishnappa’s contributions to literature, and Shadakshari’s contributions in the field of literature and social services have been considered.
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