December 2019 | Page 9 of 25

Three combinations get automatic approval under CCI Green Channel

The Competition Commission of India (CCI) received the following three Green Channel combinations filed under sub-section (2) of Section 6 of the Competition Act, 2002 (Act) read with regulation 5A of the Competition Commission of India (Procedure in regard to the transactions of business relating to combinations) Regulations, 2011 (Combination Regulations): Daily Current Affairs Quiz […]

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Ethiopia Launches its First Satellite

Ethiopia has launched its first satellite into space from at a space station in China. The satellite was designed by Chinese and Ethiopian engineers and the Chinese government paid about $6m of the more than $7m manufacturing costs, Solomon Belay, director-general of the Ethiopian Space Science and Technology Institute, told Reuters News Agency. Daily Current Affairs

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Govt plans to take khadi turnover to Rs 2 trn in next 5 years

Union plans to take khadi and village industries turnover to Rs 2 trillion in the next five years from Rs 75,000 crore at present. Urging the industry to expand its share in global trade to about 10 per cent, Micro, Small & Medium Enterprises (MSMEs) Minister Gadkari also urged players to grab the opportunity to

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US House passes North American trade deal

The US House of Representatives approved a new North American trade deal that includes tougher labour and automotive content rules but leaves $1.2 trillion in annual US-Mexico-Canada trade flows largely unchanged. The House passed legislation to implement the US-Mexico Canada Agreement (USMCA) 385-41, with 38 Democrats, two Republicans and one independent member voting no. Daily

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Portugal announces Gandhi Citizenship Education Prize

Portuguese Prime Minister Antonio Costa announced the setting up of a Gandhi Citizenship Education Prize. Portugal will be launching a Gandhi Citizenship Education Prize, each year inspired by his different thoughts and quotes. The first edition of this prize will be dedicated to animal welfare as Mahatma Gandhi said that the greatness of a nation

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First-of-its-kind vaccination service launched in Pune

Jignesh Patel, a fellow at the Center for Healthcare Entrepreneurship (CfHE) at IIT Hyderabad, launched a Vaccination on Wheels Clinic in Pune. The service was started in collaboration with the Bill and Melinda Gates Foundation. Mr. Patel received a grant under the Foundation’s Grand Challenges Explorations. The clinic is called “VaccineOnWheels.com” as it adopted VOW

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DRDO conducts two successful flight tests of Pinaka missile systems

The DRDO has conducted two successful test firings of Pinaka missile systems with objectives such as checking its low range and functioning of live warhead, according to an official statement. The first trial was conducted on December 19 wherein one missile was fired at 75 kilometre range. The second trial was successfully conducted today at

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ECI conducts National Workshop on Accessible Elections

The Election Commission of India organized a National Workshop on Accessible Elections. The Workshop was organized with the purpose of reviewing steps taken as yet by ECI for making Elections PwD and Senior Citizens friendly and to deliberate on steps still required to make the process more inclusive and accessible. The workshop aimed to address

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ADB Provides $200 Million to Upgrade Rural Roads in Maharashtra

ADB, India Sign $ 490 Million Loan for public-private partnership

The Asian Development Bank (ADB) and the Government of India signed a $490 million loan for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh. An additional $286 million investment will be mobilised through private sector

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Phase–III of PMGSY to further enhance connectivity of villages

Centre has launched Phase–III of Pradhan Mantri Gram Sadak Yojana to further enhance connectivity of villages with hospitals, schools and agricultural markets the period 2019-20 to 2024-25. With the launch of Phase III of PMGSY, States must begin preparing and ensure effective implementation of the scheme. A total of 1,53,491 rural road works have been

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