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Union Power Ministry launches e-Trans & DEEP e-bidding portals for electronic bidding and e-reverse auction

The Union Power Ministry has launched ‘e-Trans’ & ‘DEEP’ e-bidding web portals for electronic bidding and e-reverse auction of tariff-based electricity transmission projects. They were launched by Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal in New Delhi. 

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Bihar becomes 2nd state to ratify Constitutional amendment bill on GST

The Bihar State Legislature has unanimously ratified the The Constitution (122nd Amendment) (GST) Bill, 2014 for introduction of Goods and Services Tax (GST) regime in the country. 

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Myanmar to support China’s OBOR, BCIM initiatives

Myanmar has officially announced to support for China’s ambitious One Belt and One Road (OBOR) connectivity initiative along the ancient Silk Road. It was announced in the joint statement released by both countries during official state visit of Myanmar’s State Counsellor Aung San Suu Kyi to China.

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Chinese scientists discover XMU-MP-1 molecule to repair organs

Chinese scientists have discovered a small molecule (new drug) named XMU-MP-1 that can regenerate tissue. It has potential to eliminate transplants of some organs. It was discovered by team of researchers from Xiamen University and  Peking University of China. 

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BRICS women Parliamentarian’s forum begins in Jaipur

The meeting of BRICS women parliamentarian’s forum has begun in Jaipur, Rajasthan. BRICS is the grouping of Brazil, Russia, India, China and South Africa. The two day meeting was inaugurated by Lok Sabha Speaker Sumitra Mahajan. 

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India, Bangladesh ink MoU on Route Permit for carrying Petroleum Goods to Tripura via Bangladesh

India and Bangladesh have signed a Memorandum of Understanding (MoU) on Route Permit for carrying Petroleum Goods to Tripura via Bangladesh. The MoU was signed between Indian Oil Corporation Limited (IOCL) and the Roads and Highways Department of Bangladesh in Dhaka. 

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China launches World’s first Quantum Communication Satellite

China has successfully launched the world’s first quantum satellite dubbed as Quantum Experiments at Space Scaler (QUESS) satellite. The satellite was launched on board of Long March-2D rocket from the Jiuquan Satellite Launch Centre in the remote northwestern province of Gansu.

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Jamaica’s Usain Bolt wins Gold medal in 100 meters event at 2016 Rio Olympics

Jamaica’s speedster Usain Bolt has won the Gold medal in 100 meters final event at 2016 Rio Olympics by sprinting at recorded time of 9.81 seconds. 

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CCEA gives nod to development of AUSC technology for thermal power plants

The Cabinet Committee on Economic Affairs (CEEA) has given its approval for the development of Advanced Ultra Super Critical (AUSC) technology for thermal power plants. In this regard, CCEA has approved a one-time grant of 900 crore rupees spread over three years for an R&D project for the development of AUSC technology for thermal power plants. 

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Banned Ponzi schemes not under regulatory purview: SEBI

The Securities and Exchange Board of India (SEBI) told the Supreme Court that banned Ponzi schemes do not fall under its regulatory purview. This announcement was made after the apex court had asked government and SEBI, the stock market regulator about measures undertaken by them to check the menace of ponzi schemes. 

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