NATIONAL NEWS
Indian Army signs MoU with NHPC for construction of tunnels on China, Pakistan borders
Indian Army signed an MoU with National Hydroelectric Power Corporation Limited (NHPC) to construct tunnels on borders with China and Pakistan for storage of ammunition and other war-related equipment.
- Under the pilot project, three tunnels will be built on China border while one will be built along the Line of Control with Pakistan. The project is meant to bolster the Indian Army's capabilities along the Chinese border where India's infrastructural development is far outpaced by that of China.
RBI Introduces Rs. 20 Banknote In Mahatma Gandhi (New) Series
The Reserve Bank of India will shortly issue Rs. 20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing the signature of Shri Shaktikanta Das, Governor, Reserve Bank of India.
- The new denomination has the motif of Ellora Caves on the reverse, depicting the country’s cultural heritage. The base colour of the note is Greenish Yellow. The dimension of the banknote will be 63 mm x 129 mm.
INTERNATIONAL NEWS
Russia Successfully Tests World’s First Floating Nuclear Power Plant
Russia has successfully tested the world’s first floating nuclear power plant (NPP), Akademik Lomonosov, a subsidiary of Rosatom nuclear corporation stated. Reactors of the floating atomic block were launched in November 2018.
- Extra info.:
Russia Capital: Moscow
Currency: Russian ruble
ABU Media Summit On Climate Action and Disaster Preparedness Held In Nepal
The 5th Asia Pacific Broadcasting Union (ABU) Media Summit on Climate Action and Disaster Preparedness was Kathmandu, Nepal. The theme of this summit is “Media Solutions for Sustainable Future: Saving Lives, Building Resilient Communities”.
- Its objective was to address issue of fully utilizing media’s potential of accelerating climate action and disaster preparedness and connect stakeholders to media professionals for collaboration and joint practical projects.
- Extra info.:
ABU was established in 1964 and its secretariat (headquarters) is located in Kuala Lumpur, Malaysia.
BUSINESS & ECONOMY
Aegon Life and MobiKwik launch a smart digital insurance product
In a bid to enable financial inclusion and ease of buying for the Indian masses, Aegon Life Insurance, pioneer of digital insurance in India and MobiKwik, India's leading FinTech Company; have joined hands to launch an Rs 20 smart digital insurance product.
- The strategic partners have announced the launch of an assorted insurance product called the Aegon Life Group Term Plus Plan with both death and accidental disability benefit, available exclusively on MobiKwik App. One can purchase this plan by paying as little as Rs 20 in premium for a sum assured of Rs 2 lakhs which includes term insurance and accidental disability.
EIU set to lower India's growth outlook for 2019-20
Indian economy will grow below its potential in 2019-20, said a report from the Hong Kong-based The Economist Intelligence Unit (EIU) while warning it is set to lower its own current estimate of 7.2 per cent for the country's GDP growth rate in its next forecast round.
- Both Asian Development Bank (ADB) and Reserve Bank of India (RBI) earlier this month cut their 2019-20 growth projection for India to 7.2 per cent from 7.4 per cent earlier, blaming rising risks to global economic growth as well as weakening domestic investment activity.
SPORTS
Shane Watson announces retirement from Big Bash League
Former Australian player Shane Watson has announced his retirement from the Big Bash League (BBL) as he wants to spend more time with his family.
- The 37-year-old played for Sydney Thunder in the BBL and was a part of the team for four years, captaining the side in the past three BBL seasons.
Pooja, Amit bag gold at Asian Boxing C'ship
Boxers Pooja Rani and Amit Panghal gave India two gold medals at the Asian Boxing Championships in Bangkok. Panghal, who had won the Asian Games gold medal last year, defeated Korea's Kim Inkyu in a unanimous decision, thereby clinching his second gold of the year.
- Pooja defeated reigning World Champion Wang Lina in the final to claim top honours in the 81-kg weight category. This was her third medal at this prestigious tournament after a silver in 2012 and a bronze in 2015.
Pankaj Advani Wins Asian Snooker Tour Title
India's ace cueist Pankaj Advani defeated Ehsan Heydari Nezhad of Iran 6-4 to claim the inaugural Asian Snooker Tour title. The Indian had earlier defeated Aung Phyo of Myanmar in the semifinal.
- Advani had earlier won the second leg of the Tour in China. He was leading the ranking before the final leg of the Tour in Bengaluru.
OBITUARIES
Veteran Lady Mountaineer Rama Sengupta Paul Passes Away
A pall of gloom descended on the mountaineering fraternity as veteran lady mountaineer of the country Rama Sengupta Paul, who led the first successful all-women expedition to Kedarnath Dome in Garhwal Himalaya, passed away following a cardiac arrest at a city hospital in Kolkata.
- A tryst with rock climbing training courses in Sushunia Hill, organized by Pathikrit and thereafter Himalayan Association in 1971 and 1972 led Rama into a world of mountaineering. She was also a member of the pre-Everest expedition to Gangotri peak, organized by IMF in 1982.
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