Current Affairs

India, France, UAE begin maiden joint maritime exercise in the Gulf of Oman

The two-day maritime exercise will involve a wide range of naval operations, including surface warfare and helicopter cross-deck landing operations

The first India-France-UAE Maritime Partnership Exercise began on Wednesday in the Gulf of Oman, the Ministry of Defence said today. The exercise involves the Indian Navy frigate INS Tarkash, the French Navy ship Surcouf along with Rafale fighter jets, and UAE Navy maritime patrol aircraft.
The two-day exercise will involve a wide range of naval operations, including surface warfare, helicopter cross-deck landing operations, advanced air defense exercises, and boarding operations, the ministry said. The exercise will also include cross-embarkation of personnel to exchange best practices.



Haryana CM Manohar Lal to launch integrated Water Resources Action Plan-2023-25 tomorrow in Chandigarh

Haryana Chief Minister Manohar Lal will launch integrated Water Resources Action Plan-2023-25 under Amrit Jal Kranti tomorrow at Chandigarh, which will be a bold step towards conserving water resources.
       
An official spokesperson said that on the initiative of the Chief Minister, a two-day water conservation seminar was organized in Panchkula on 26-27th April, this year under Amrit Jal Kranti, in which many departments of Haryana, including experts from India and abroad doing research on water conservation participated.

He said that based on the various suggestions received in the seminar, an action plan has been prepared by all the departments for water conservation.



Miss World 2023 pageant to be held in India after 27 years

Nearly after three decades, the coveted international beauty pageant Miss World will be hosted in India this year.

The 71st edition of Miss World is expected to take place in November this year, the final dates are yet to be ascertained.

India had last hosted the Miss World pageant in 1996. 



RBI allows banks to issue prepaid forex RuPay cards

The RBI has allowed banks to issue RuPay Prepaid Forex cards for use at ATMs, PoS (point-of-sale) machines and online merchants overseas, and enabled the issuance of RuPay Debit, Credit, and Prepaid Cards in foreign jurisdictions for international use, including India.

These measures will expand the reach and acceptance of RuPay cards globally and expand payment options for Indians travelling abroad, the central bank said.

”This opens up new avenues for seamless and flexible cross-border transactions. This development brings forth enhanced convenience and efficiency for individuals and businesses engaged in international trade,” said Rajsri Rengan, India Head of Development, Banking and Payments at FIS.



Union Minister Piyush Goyal chairs 6th Mission Steering Group meeting of National Technical Textiles Mission

Textiles Minister Piyush Goyal has said that international benchmarking, deliberations with the industry, and demand assessment are critical to identifying high-value and high-volume potential products to catalyze research and innovation in Technical Textiles in India. He said this while chairing the 6th Mission Steering Group meeting of the National Technical Textiles Mission in New Delhi today.

Ministry of Textiles approved 20 Research and Development projects worth over 61 crores rupees across key strategic areas of Geotech, Protech, Indutech, Sustainable Textiles, Sportech, Buildtech segments, and Carbon Fibre and Ultra High Molecular Weight Poly Ethylene during the MSG meeting.



Passengers at Delhi's IGI airport can use DigiYatra without app download

Delhi's Indira Gandhi International (IGI) Airport said in a statement on Thursday that it has introduced a new facility called 'DigiYatra' that allows passengers to enjoy its benefits without having to download the mobile application. The initiative, launched at Terminal-3 of the airport, simplifies the registration process into three simple steps.

Passengers can utilize the facility by scanning their boarding pass and their face, and presenting an identification proof to the security personnel near the registration desk. Once successfully registered, passengers can experience seamless travel within the terminal, including the security check area and boarding gates.



Meet Ritu Kalra; Harvard’s new VP for finance and CFO

Ritu Kalra, an Indian-American investment banking and financial management expert, has been named vice president for finance and chief financial officer of Harvard University. She currently serves as assistant vice president of finance and treasury and special projects adviser in the university.

The university in The Harvard Gazette said Kalra will oversee all aspects of financial management, including long-range planning, annual budgeting, endowment fund spending policy, treasury, and financial accounting and reporting. 



RBI permits FLDG between fintechs & banks, NBFCs

The RBI on Thursday issued first loss default guarantee (FLDG) guidelines for digital lenders. The central bank has allowed a 5% default loss cover for bank-fintech deals. The RBI had earlier specified that banks and NBFCs must abide by securitisation norms before entering into any guarantee arrangement.

Subject to certain guidelines, the RBI has decided to permit arrangements between regulated entities and lending service providers or between two regulated entities involving default loss guarantee. The limits are aimed at reining in the risk of large slippages in tie-ups between lenders and fintechs.



‘Virgin’ crocodile found to have made herself pregnant

The first ever known case of a crocodile laying eggs without a male mate – a rare reproductive strategy that could be traced back to dinosaurs – has been documented by scientists.

Over the last two decades, zoologists have increasingly documented the very rare vertebrate reproductive strategy of facultative parthenogenesis (FP) in which females lay eggs or give birth to their offspring without mating.

Until now, a wide range of organisms including birds, non-avian reptiles like lizards and snakes as well as some fishes, including sharks, have been shown to reproduce in this strange mode.



Nyaya Vikas Portal for Monitoring of Centrally Sponsored Scheme for Development of Infrastructure for Judiciary

The Centrally Sponsored Scheme (CSS) of Department of Justice, Ministry of Law and Justice for Judicial Infrastructure, with technical assistance of NRSC, ISRO is catering to a user-friendly and transparent web portal to facilitate better delivery of judicial infrastructural projects via Nyaya Vikas Portal. https://bhuvan-nyayavikas.nrsc.gov.in