CAGs of India & Chile Sign MoU to enhance the professional practices between two countries The Comptroller and Auditor General (CAG) of India and the Comptroller General of the Republic of Chile signed a Memorandum of Understanding (MoU) to develop institutional and professional capacities and learn from each other’s best practices in Santiago, Chile. The MoU was … Read more
The 12th edition of Agni Warrior (XAW) 2022, a bilateral exercise between the Singapore Armed Forces (SAF) & Indian Army (IA) was held at Field Firing Ranges, Devlali in Maharashtra from November 13 – 30, 2022. The closing event was witnessed by Wong Wie Kuen, High Commissioner of Singapore to India & Lieutenant General S Harimohan Iyer, Commandant, School of Artillery … Read more
Union Civil Aviation Minister Jyotiraditya Scindia Launches Digi Yatra for 3 Airports in India Union Minister Jyotiraditya Scindia Ministry of Civil Aviation (MoCA) launched ‘Digi Yatra’ from the Indira Gandhi International (IGI) Airport in New Delhi (Delhi) for three airports in India, namely New Delhi, Varanasi (Uttar Pradesh), and Bengaluru (Karnataka). Digi Yatra was designed to use Facial Recognition Technology (FRT) to achieve contactless, seamless passenger processing at airports. Key … Read more
Tangguh LNGAccording to a Refinitiv analyst and Refinitiv ship tracking data, India will receive its first cargo from Indonesia’s Tangguh Liquefied Natural Gas (LNG) plant at the Dahej terminal in Gujarat. The LNG tanker “BW Helios” is transporting 132,000 cubic metres of LNG cargo. Key Points:i.Tangguh LNG, operated by British oil firm BP, is located in Indonesia’s West Papua province and commenced production in 2009. … Read more
The Annual Joint Humanitarian Assistance and Disaster Relief (HADR) Exercise “Samanvay 2022,” organized by the Indian Air Force (IAF), is being held at the Air Force Station in Agra, Uttar Pradesh, from November 28 to 30, 2022. On November 29, 2022, the capability demonstration activities scheduled during the exercise welcomed Union Defense Minister Rajnath Singh as … Read more
On November 28, 2022, the 1st edition of Austra Hind 2022, a joint military bilateral training exercise between the armies of India and Australia, was initiated at Mahajan Field Firing Ranges (MFFR) in Bikaner, Rajasthan. The exercise will culminate on December 11, 2022. MFFR, located in the desert near the Pakistan border, is the Indian … Read more
On November 28, 2022 the Ministry of Power (MoP) introduced a scheme for Procurement of Aggregate Power of 4500 MW on competitive basis for 5 years on Finance, Own and Operate (FOO) basis under B (v) of SHAKTI Policy. For this scheme, the PFC Consulting Limited, a wholly owned subsidiary of PFC (Power Finance Corporation) Ltd has been designated as the … Read more
The Indore Municipal Corporation (IMC) in Madhya Pradesh (MP) is planning to issue India’s first municipal green bond (local government bond), aimed at retail investors, with the revenues going toward funding a solar power plant.It plans to sell 10-year bond in December 2022 in order to raise up to Rs. 2.6 billion (USD 31.8 million).Note: Indore in MP is … Read more
i.The Insurance Regulatory and Development Authority of India (IRDAI) approved the amendments to rules registering insurance companies and investing in them.ii.This decision has been taken to promote ease of doing business and to simplify the process of setting up an insurance company in India.iii.It aims to enable policyholders, insurers and merchants to provide ‘insurance for … Read more
On 28th November 2022‘Harimau Shakti -2022’, the annual joint military exercise between India and Malaysia, commenced on 28th November 2022, at Pulai, Kluang, Malaysia. the exercise will culminate on 12th December 2022. Harimau Shakti has been held between the Indian and Malaysian Army since 2012. The joint exercise will enhance the level of defence co-operation … Read more
