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Government of India and AIIB sign agreement for $500 million to improve the network capacity, service quality and safety of the suburban railway system in Mumbai

The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian Infrastructure Investment Bank (AIIB) today signed a loan agreement for a $500 million Mumbai Urban Transport Project-III to improve the network capacity, service quality and safety of the suburban railway system in Mumbai.   The Project is expected to increase network capacity in the region with the ...

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DRDO identifies 108 Systems and Subsystems for industry to design, develop and manufacture towards achieving “Atmanirbhar Bharat”

Responding to the clarion call given by Hon’ble Prime Minister for “Atmanirbhar Bharat”, the Defence Research & Development Organisation (DRDO) has taken several initiatives to strengthen the indigenous defence ecosystem.  Towards this, A DRDO delegation met with Raksha Mantri Shri Rajnath Singh today to apprise him about 108 systems and subsystems which have been identified for designing and development by ...

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DST encourages translational research on Carbon Capture, Utilisation & Storage

Researchers interested in translational research on Carbon Capture, Utilisation, and Storage (CCUS) now have a major opportunity to accelerate and mature their technology and research activities as solutions to the growing problem of global climate change. CCUS is one of the identified innovation challenges in the Mission Innovation (MI) Programme, a global initiative of 24 countries and the European Union to ...

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Bengaluru scientists fabricate invisible shield for electromagnetic interference

H G Wells’ ‘Invisible Man’ tweaked optical properties of the body to become invisible. Scientists have now achieved a similar feat by designing a metal mesh structure instead of continuous film on desired transparent substrates to make it a transparent shield for electromagnetic interference (EMI). The invisible shield can be used in various military stealth applications and can cover electromagnetic ...

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Partial Credit Guarantee Scheme (PCGS) 2.0 extended with greater flexibility to respond to emerging demands

As part of Aatmanirbhar Bharat Abhiyan, announced by the Government, Partial Credit Guarantee Scheme (PCGS) 2.0   was launched on 20.05.2020 to provide Portfolio Guarantee for purchase of Bonds or Commercial Papers (CPs) with a rating of AA and below issued by NBFCs/HFCs/ MFIs by Public Sector Banks (PSBs). It was envisaged to purchase Bonds/ CPs of Rs. 45,000 crore under PCGS 2.0 of which ...

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NTPC develops infrastructure at Rihand for increasing the use of Fly Ash Utilization

NTPC Ltd., a central PSU under Ministry of Power and country’s largest power generation     company, has developed an infrastructure at Rihand project in Uttar Pradesh to transport fly ash in bulk to cement plants, located at distance, at a cheaper cost. The development is in line with NTPC’s commitment towards 100 percent utilization of fly ash from power plants. As ...

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INST efforts to make magnetic hyperthermia-mediated cancer therapy as desired therapy for inoperable tumours

“The example from INST Mohali illustrates some of the compelling aspects of how Nanotechnology is providing solutions for the diagnostics and therapy of tumours in several ways” : Prof Ashutosh Sharma Magnetic hyperthermia-mediated cancer therapy (MHCT), a non-invasive cancer treatment technique involves the delivery and localisation of magnetic materials within the targeted tumour site followed by subsequent application of an ...

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Indigenous Air Unique-quality Monitoring (AUM) Photonic System developed for Real-Time Remote Monitoring of Air Quality

World Health Organisation (WHO)’s reports show that the worsening state of poor air quality is responsible for more than 7.5 million fatalities worldwide annually. This highlights the necessity for accurate, yet cost-effective monitoring of air quality parameters as monitoring is critical to solution. The current systems and technologies used for air quality monitoring are prohibitively expensive for wider deployment. This ...

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Tax system aims to be Seamless, Painless, Faceless : PM

Prime Minister Shri Narendra Modi launched a platform for “Transparent Taxation – Honouring the Honest” today through video conferencing. Speaking on the occasion he said that the process of Structural Reforms in the country has reached new heights today. The Prime Minister said the platform of  “Transparent Taxation – Honouring the Honest, has been launched to meet the requirements of ...

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POWERGRID posts Profit After Tax of 2,048 crore for Q1FY21.

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a Profit After Tax of ₹2,048 crore and Total Income of ₹9,817 crore on consolidated basis for Q1FY21. On standalone basis, the Company posted Profit After Tax and Total Income of ₹1,979 crore and ...

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