NATIONAL UPDATES:
1. KABIL and CSIR-IMMT sign MoU for Technical and
Knowledge cooperation for Critical Minerals: Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and
Industrial Research – Institute of Minerals and Materials Technology
(CSIR-IMMT) for Technical & Knowledge cooperation for Critical Minerals.
Under the MoU, KABIL will leverage the technical expertise and services of
CSIR-IMMT to undertake various projects, including the design and analysis of
metallurgical test work plans, development and review of process flowsheets,
and the selection of process technologies for mineral processing,
beneficiation, and metal extraction.
2. NTPC launches latest edition of Girl Child Empowerment
Mission (GEM): NTPC
Limited has launched a new
edition of its flagship corporate social responsibility initiative, Girl Child
Empowerment Mission (GEM). This program aligns with the Beti Bachao,
Beti Padhao (Save the Girl Child, Educate the Girl Child) campaign launched by
the Government of India. GEM aims to nurture the imaginations of girls. And
also, to eliminate gender inequality by promoting their ability to explore
opportunities. Girl Child Empowerment Mission provides a platform for young
girls for their all-round development through a month-long workshop during
summer vacations.
3. Citroën becomes the first multinational carmaker to
export EVs from India: French carmaker Citroën became the first
multinational car manufacturer in India to export domestically made electric vehicles to the
international market. Initial shipment of 500 units of the Made-in-India Citroën ë-C3 to Indonesia was
ceremonially flagged from Kamarajar Port. The move aligned with Citroën’s
global ambitions of democratising electric mobility to increase the adoption of
sustainable and clean modes of transportation. The ë-C3, crafted with modern
design and innovation, offers a 320 km range certified by ARAI MIDC, along with
100 per cent DC Fast Charge and 15 AMP Home Charging options for convenience.
It is available in 13 exterior colour combinations and 47 customisation
options.
4. RBL Bank appoints Murali Ramakrishnan as independent
director: Private
sector lender RBL Bank has appointed Murali Ramakrishnan as Non-Executive
Independent Director with immediate effect for four years. Earlier,
Ramakrishnan served as the Managing Director & Chief Executive Officer of
South Indian Bank. He has 37 years of experience in the Banking and Financial
Service Industry (BFSI) sector.
INTERNATIONAL UPDATES:
1. IPEF to organize Clean Economy Investor Forum in
Singapore: The Indo-Pacific Economic Framework for Prosperity
(IPEF) will host its first clean economy investor forum in
Singapore on June 5-6. The IPEF provides a platform for countries in the
region to collaborate on advancing resilient, sustainable, and inclusive
economic growth. Further, it aims to contribute to cooperation, stability and
prosperity in the region. Launched in May 2022, the Indo-Pacific Economic
Framework for Prosperity (IPEF) comprises 14 partners: Australia, Brunei
Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New
Zealand, Philippines, Singapore, Thailand, United States and Vietnam.
2. 12 April – International Day of Human Space Flight: The International Day of Human Space
Flight is commemorated every year on April 12 to mark the
beginning of the space era for mankind. The day is celebrated to honour the
first person, Yuri Gagarin, to go to space. The United Nations General
Assembly, on April 7, 2011, passed a resolution to establish the International
Day of Human Space Flight on a particular day every year. On October 4, 1957, a
human-made satellite named, Sputnik I, was sent to space. This was the first
ever human effort to explore space.
3. 12 April – International Day for Street Children: The International Day for Street Children is
observed on April 12 every year. The day is dedicated to raising awareness
about the plight of street children and to promoting their inclusion and
well-being. Street children are defined as children under the age of 18 who
live on the streets or in makeshift camps and are not given adequate protection
or supervision. They often experience hunger, homelessness, and violence and
face various social and environmental challenges. Street children are also more
likely to drop out of school and engage in illegal activities.
OTHER UPDATES:
DEFENCE
1. 11 April- National Submarine Day: National Submarine Day is
observed every year on 11 April.
This
day is significant as it marks the beginning of the modern submarine era. The
day also serves as a reminder of the contributions made by submarines to the
nation’s defence and security. The first modern commissioned submarine, the USS
Holland VI, was purchased by the United States Navy in 1900. It was later
commissioned on 12 October 1900, and remained in service for almost a decade.
SPORTS
1. Rashmi Kumari wins national women’s carrom title: Three-time World Champion Rashmi Kumari beat K Nagajothi 25-8, 14-20, 25-20 in the women’s final of the 51st National carrom championship organized
by the Madhya Pradesh Carrom Association. It was a record 12th national women’s
singles title for Rashmi, employed as the Chief Manager at the Oil and Natural
Gas Corporation (ONGC). The men’s title was bagged by K Srinivas as he beat S
Aditya 25-0, 19-6 in the final. It was the fourth national men’s singles title
for Srinivas who was brilliant in the tournament, executing seven white slams.
SCIENCE AND TECHNOLOGY
1. GUJCOST designated as Nodal Centre for ISRO’s START
programme: The Gujarat Council on
Science and Technology (GUJCOST) has been designated as the Nodal
Centre for the ‘Space Science and Technology Awareness Training (START)
programme by the Indian Space Research Organization (ISRO). The START
programme, a brainchild of ISRO, offers an introductory-level online training
platform. Encompassing a vast spectrum of space science research areas,
including planetary exploration, astronomy, heliophysics, atmospheric science,
and microgravity research.
2. Dr Reddy’s launches migraine management wearable
device ‘Nerivio’: Dr Reddy’s Laboratories has launched
the drug-free, non-invasive migraine management wearable device ‘Nerivio’
in Germany through its step-down subsidiary, betapharm. The launch marks
the company’s entry into digital therapeutics in Europe. Nerivio is approved by
the United States Food and Drug Administration (USFDA) and is CE-mark certified
in Europe. Nerivio was presented in 2023 by Dr Reddy’s at the DGN Kongress
organised by the German Association of Neurology in Berlin and the 17th
European Headache Congress held in Barcelona, Spain.
BANKING AND FINANCE
1. HDFC becomes first private bank to open branch in
Lakshadweep: Private lender HDFC
Bank has opened a branch at
Kavaratti Island in Lakshadweep, making it the only private sector bank
to have a branch in the Union Territory. This branch is aimed at upgrading the
banking infrastructure in the Union Territory by offering a wide range of
services with a focus on personal banking, and digital banking which also
includes customised digital solutions including QRbased transaction to
retailers.
2. L&T completes sale of entire stake in L&T
Infrastructure Development Projects: Larsen & Toubro Ltd has completed the sale
of its entire equity stake in L&T Infrastructure Development Projects Ltd
(L&T IDPL) to Epic Concesiones Pvt Ltd. It is a joint venture
between L&T and Canada Pension Plan Investment Board (CPP Investments)
holding 51 per cent and 49 per cent shares, respectively. The transaction is
the culmination of a long journey for L&T that started in the early 2000s
in the Developmental Projects business and I have no doubt that the portfolio
of good quality assets and team of IDPL will add value to the Infrastructure
Yield Strategy of Edelweiss Alternatives platform going forward.
AWARDS AND HONOURS
1. Gagandeep Kang awarded for work on 2 enteric diseases in children: India’s Dr Gagandeep Kang has been awarded the 2024 John Dirks Canada Gairdner Global Health Award for her achievements in global health research. This was part of the Gairdner Foundation’s announcement of its 2024 Canada Gairdner Award winners, that recognised some of the world’s most significant biomedical and global health research and discoveries. Dr Kang was awarded for “extensive cohort-based epidemiological, environmental and clinical trial research on enteric diseases in children and their effects on life course, with significant impact on vaccine development and health policy in India and internationally.
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