 Ministry of New and Renewable Energy, Government of India has been conferred the Skoch Award for National Significance at an event held recently in New Delhi. The award was received by Secretary, Ministry of New Renewable Energy Shri Anand Kumar. The award has been conferred on the Ministry considering its purpose and critical role played in installing about 73 GW renewable energy capacity in the country. |
| Source: Press Information Bureau |
 The Department of Industrial Policy and Promotion (DIPP) in the Ministry of Commerce and Industry and the Government of Goa, hosted the annual Startup India Venture Capital Summit in Goa. The theme of the Summit was ‘Mobilizing Global Capital for Innovation in India.’ The event showcased the Indian startup opportunity for funds from around the world. The key objectives of the Summit were to showcase the India opportunity, increase capital flow for Indian startups and further promote ease of doing business. |
| Source: Press Information Bureau |
.jpg) Paisabazaar.com, India’s largest online marketplace for financial products has launched an industry-first feature that will help loan applicants choose their most-suited lender on its platform. Named ‘Chance of Approval’, this advanced predictive algorithm has been created by Paisabazaar.com by using the last four years of lending data. While this is the first such initiative in India, globally a few leading players, like Credit Karma in the US, have developed similar features to improve the acceptance rate on their platforms. |
| Source: The Business Standard |
 The UAE now has the world’s most powerful passport, achieving the top ranking in an achievement hailed as a tribute to the legacy of the Founding Father, Sheikh Zayed,and the country’s diplomacy. The number 1 spot in the global Passport Index was achieved just as the UAE celebrates it 47th National Day and its achievements since 1971. |
| The index, compiled by Arton Capital, ranks national passports based on the number of countries a holder can enter without a visa or by obtaining one on arrival. India was ranked 140th in the list. Top 3 countries on INDIVIDUAL PASSPORT POWER RANK are:
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| Source- Press Information Bureau (PIB) |
 German firm BigRep claims it has produced the world’s first fully functioning e-motorbike NERA using a 3D printer. According to the company, NERA has groundbreaking features like airless tires, embedded electronics, and forkless steering. The bike was conceptualized and developed in 12 weeks and includes 15 parts, which are all 3D printed except its motor and battery. The name is derived from the slogan “New Era”. |
| Source: The Reuters |
 IN a move to reinforce brand Naveen and give it a national perspective after the success of the Hockey Men’s World Cup, Odisha Government launched yet another initiative, Peoples Empowerment – Enabling Transparency and Accountability of Odisha Initiatives (PEETHA). The Scheme is aimed at creating awareness about various schemes and improving transparency in the distribution of individual and social benefits. This is part of the 3T initiative of Technology, Transparency and Team Work model. The PEETHA is a sub-scheme of the Odisha government’s flagship Ama Gaon Ama Bikas Yojana. |
| Source- NDTV News |
 Kenyan distance runner Eliud Kipchoge and Colombian long and triple jumper Caterine Ibarguen have been named male and female world athletes of the year.The pair were honoured by the IAAF ( The International Association of Athletics Federations ) at a ceremony in Monaco. Kipchoge, 34, won the London Marathon and set a world record of 2:01:39 in Berlin. Ibarguen, also 34, claimed triple and long jump honours in the Central American and Caribbean Games, the Continental Cup and the Diamond League finals. Sweden’s 19-year-old pole vaulter Armand Duplantis won the men’s rising star award while the women’s award went to American 400m runner Sydney McLaughlin. |
| Source: BBC |
 The government has sanctioned 254 projects worth over 24 thousand crore rupeesunder National Mission for Clean Ganga. As per Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari, around five thousand crore rupees have been spent in the last four years under it. The Announcement was made at the India Water Impact Summit 2018 in New Delhi. Mr Gadkari informed that his Ministry has taken up construction of 197 ghats in five states, including Uttarakhand and Uttar Pradesh. |
| Source- News on AIR |
 Leading Investment Bank Axis Capital announced that its MD & CEO Dharmesh Mehta has stepped down. The bank has elevated Salil Pitale and Chirag Negandhi as Joint Managing Directors and Co-Chief Executive Officer. Pitale and Negandhi’s appointment will be with immediate effect. |
| Source- Press Information Bureau (PIB) |
 The Centre included Gangotri and Yamunotri in Uttarakhand, Amarkantak in Madhya Pradesh and Parasnath in Jharkhand under a central scheme to develop pilgrimage and heritage destinations in the country, a tourism ministry statement stated. With the new additions, the number of sites under the Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASAD) launched by the ministry in 2014-15 has now become 41 in 25 states. |
| Source: Business Standard |
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