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1 India successfully tests anti-satellite missile

Defence Research and Development Organisation, DRDO on Wednesday successfully conducted an Anti-Satellite (A-SAT) missile test, Mission Shakti from Dr A P J Abdul Kalam Island in Odisha. 

A DRDO - developed Ballistic Missile, Defence Interceptor Missile successfully engaged an Indian orbiting target satellite in Low Earth Orbit (LEO) in a Hit to Kill mode. 

An official release said, the interceptor missile was a three-stage missile with two solid rocket boosters. Tracking data from range sensors has confirmed that the mission met all its objectives.

The test has demonstrated the nation’s capability to defend its assets in outer space. It is a vindication of the strength and robust nature of DRDO’s programmes. With this India has joined a select group of nations, which have such capability. 

The Ministry said, the test has once again proved the capability of indigenous weapon systems.

In his address to the nation, Prime Minister Narendra Modi announced that India has demonstrated anti-satellite missile capability by shooting down a live satellite on a Low Earth Orbit. 

27-Mar-2019 News in Details
2 PM Narendra Modi address to nation LIVE Updates: India is now a ‘Space Superpower’, says PM

Prime Minister Narendra Modi on Wednesday addressed the nation to announce that India has become the fourth country to execute a low-orbit satellite destruction in space. Modi said India shot down a low-orbit satellite through an Indian anti-satellite weapon A-SAT in an operation called ‘Mission Shakti’ which lasted for just 3 minutes. “India has entered its name as an elite space power. An anti-satellite weapon A-SAT, successfully targeted a live satellite on a low earth orbit,” PM Modi said.

He had earlier tweeted that he will address the nation shortly with what he called a “very important message”. Taking to Twitter, the Prime Minister said, “I would be addressing the nation at around 11:45 AM – 12.00 noon with an important message. Do watch the address on television, radio or social media.” With the Model Code of Conduct already in place, the government cannot take any policy decisions or make any announcements.

27-Mar-2019 News in Details
3 Apple partners with Goldman Sachs and Mastercard for Apple Card

Tech giant Apple is known for its hardware devices like the iPhone, MacBooks, iPods, Watch and software services like iOS, MacOS, Apple Music, Apple Pay, etc. At the ‘It’s Show Time’ event held at the Steve Job’s Theatre, Apple announced a new credit card called the Apple Card.

Apple launched Apple Pay back in 2014 which helped users carry transactions easily through their card details stored in the Apple Pay mobile Wallet app. Five years after the launch, Apple has given a significant update to the Apple Pay service with the launch of Apple Card.

Apple card is a virtual credit card that can be integrated into the Wallet app of the iPhone. The company has partnered with Goldman Sachs and Mastercard for payment handling and processing. The idea behind the launch of this new service is to replace the traditional credit card with a new, smarter and secure payment method across online and offline stores. Applying for an Apple Card is possible within the Apple Wallet app itself. Users can sign up for the card in the app and get a digital card that can be used for payments. Users can track expenses on a daily, weekly, monthly and even category-wise basis. There is also a physical titanium credit card which does not have any other information apart from the Apple Logo and the card holder’s name below it. This also means that there is no CVV, credit card number, expiration date, and signature that are usually found on traditional cards. All this information is stored in a special security chip used by Apple Pay called Secure Element.

27-Mar-2019 News in Details
4 Croatia honours President Kovind with highest civilian award

President Ram Nath Kovind on Tuesday was honoured with Croatia's highest civilian award -- the Grand Order of the King of Tomislav.

Kovind is in the European country as part of his eight-day three-nation visit to Croatia, Bolivia and Chile to further strengthen bilateral ties between India and the three countries.

"President of India honoured with highest civilian order in #Croatia! During his State Visit to Croatia #Presidentkovind is honoured with Grand Order of the King of Tomislav, the highest award of Croatia. #Presidentkovind dedicated it to India-Croatia friendship! @KolindaGK," Ministry of External Affairs spokesperson Ravish Kumar tweeted.

The civilian order is awarded to heads of state for their important contribution towards the development of state relations between Croatia and their respective countries.

Kovind, who is the first-ever Indian head of state to visit Croatia, was earlier accorded a ceremonial welcome here. He is in the European nation from March 25 to March 28.

27-Mar-2019 News in Details
5 RBI slaps Rs 2 crore penalty on PNB

The Reserve Bank of India has slapped a penalty of Rs 2 crore on Punjab National Bank for non-compliance of regulatory directions with regard to SWIFT operations. 

SWIFT is a global messaging software used for sharing information on inter-bank transactions by financial entities. 

In a regulatory filing, the bank said, the Reserve Bank in a letter dated March 25 has informed the bank about the penalty.

Earlier this year, the Reserve Bank had imposed penalties worth 71 crore rupees on 36 public, private and foreign banks for non-compliance with various directions on time-bound implementation and strengthening of SWIFT operations.

27-Mar-2019 News in Details
6 Prajnesh makes it to Miami Masters main draw

In Tennis, India's number one singles player, Prajnesh Gunneswaran, has made it to the main draw of the Miami Open, his second straight Masters appearance. 

Prajnesh defeated Briton beat Jay Clarke, 6-4, 6-4 in the second qualifying round of the ATP-1000 tournament in Miami to progress to the main draw. The Indian will meet Jaume Munar of Spain in the first round tomorrow.

This is Prajnesh's second straight Masters main draw appearance. He had reached the third round at Indian Wells last week.

Prajnesh reached a career-high rank of 84 earlier this week.

27-Mar-2019 News in Details
7 Navy's nuclear, biological, chemical training facility launched

Chief of Naval Staff Admiral Sunil Lanba inaugurated the Indian Navy's Nuclear, Biological and Chemical Training Facility (NBCTF) at INS Shivaji in Lonavala on Monday. 

The NBCTF, christened "Abhedya",  impenetrable in Sanskrit, will help train personnel of naval ships fitted with nuclear, biological and chemical detection and protection systems. 

In a statement, the Navy said the facility will provide realistic training to naval personnel in detection, protection against and decontamination of nuclear, biological and chemical agents.

Admiral Lanba launched the INS Shivaji's website on the Indian Navy portal. He also released the platinum jubilee logo, with the theme "Propelling the Indian Navy since 1945", for the premier technical training establishment. 

INS Shivaji is celebrating its platinum jubilee year in 2019-20.

26-Mar-2019 News in Details
8 Trump sign proclamation recognising Israel's sovereignty over Golan Heights

US President Donald Trump has signed a proclamation recognising Israel's sovereignty over the Golan Heights and told the visiting Israeli Prime Minister, Benjamin Netanyahu, that Israel has an absolute right to self-defence. 

Speaking at a White House signing ceremony in Washington, Mr Trump said, the United States recognizes Israel's absolute right to defend itself. He said, the despicable rocket attack yesterday demonstrates significant security challenges that Israel faces every single day. He was referring to the rocket attack by Hamas, the Islamist movement that runs the Gaza Strip, on Tel Aviv in which seven Israelis, including two children, were injured. 

Israel captured the Golan Heights from Syria in the 1967 war but its sovereignty over the territory is not recognized by the international community. Mr Trump's move reversed more than a half-century of the US policy over the issue. 

He said, aggressive action by Iran, and terrorist groups in southern Syria, including Hezbollah, continued to make the Golan Heights a potential launching ground for attacks against Israel. Mr Netanyahu called the recognition historic and said the Golan Heights would remain permanently under Israeli control.

26-Mar-2019 News in Details
9 RBI appoints five-member committee to deepen digital payments

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the central bank of the country has appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech. He said, the RBI has requested the committee to give recommendations in 3 months in this regard. Mr. Das was speaking today at the inaugural event of Financial Technology (Fintech) Conclave being organized by NITI Aayog in New Delhi. 

Mr. Das said, the objective of the conclave is to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. The RBI Governor said as a nation India must move for universal financial inclusion and total retail payment has grown nine folds in last five years. He said a consultation process with payment banks including seven purely digital loan companies will happen soon.

NITI Aayog CEO Amitabh Kant said India's ambition is to emerge as a 10 trillion dollar economy and this is not possible without a revolution in the Fintech sector.

26-Mar-2019 News in Details
10 ADNOC awards onshore block to Indian consortium

A consortium of two Indian oil companies, Bharat Petroleum Corporation Limited and Indian Oil Corporation Limited have been awarded the exploration rights for Abu Dhabi Onshore Block 1. 

The Abu Dhabi National Oil Company, ADNOC, Monday signed agreements awarding the exploration rights.

The award has been endorsed by Abu Dhabi’s Supreme Petroleum Council. In an exclusive interaction with AIR Ambassador  Navdeep Suri said that the bilateral partnership between India and UAE is growing in many dimensions.

26-Mar-2019 News in Details