Vizag could be India s new scuba diving hotspot. Infosys signs pact with U.S. Internal Revenue Service. PIOs make mini-world Parliament
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- Garey Logan
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1 Vizag could be India s new scuba diving hotspot A 200-year-old shipwreck has been found in village of Bheemunipatnam. It is about 45 km from Visakhapatnam. This is now becoming the next big scuba diving destination of the country. The wreck is located six metres below the sea surface. It was first spotted by scuba divers Balaram Naidu and dive master Anil Kumar on December 21. Infosys signs pact with U.S. Internal Revenue Service Infosys signed an Advance Price Agreement (APA) with the U.S. Internal Revenue Service in January This APA will enable it to reverse tax provisions of about $225 million. It will boost consolidated basic earnings per share for the three months. Initial discussions with the IRS started in GLOBAL PIOs make mini-world Parliament The 1st PIO-Parliamentarian Conference got inaugurated by Narendra Modi. India reached out to lawmakers of Indian origin spread across the world. The PIO Parliamentarian forum was planned last year. It was brainchild of Sushma Swaraj. ISRO mulls launching 65 satellites ISRO was going to launch around 65 satellites. They are planned to be realised over the period from 2017 to Satellites made in India over the last 40 years has gone above 100. M. Annadurai is Director of ISRO Satellite Centre (ISAC). ISAC was set up in SCIENCE AND TECHNOL- OGY Page 1 of 5
2 CIL raises non-coking coal price; stock surges 5.6% Coal India Ltd. increased prices of non-coking coal from January 9. It may result in a 15-paise increase in power price for distribution companies. CIL projected annual increase in revenue at Rs. 6,421 crore. ECONOMY Goa bird festival to offer pelagic avian tour The second edition of the Goa Bird Festival will be held from January 12 to 14. It will be held at Cotigao Wildlife Sanctuary, Canacona. The State Forest department is organising the event. It is being done with the help of Goa Tourism, the Goa Bird Conservation Network (GBCN) and Birderpics.com. It was announced by said Ajai Saxena, Principal Chief Conservator of Forests. Two Indian-origin MPs join Theresa May's Cabinet Narayana Murthy s son-in-law Rishi Sunak and Goan-origin MP Suella Fernandes have been made ministers in Theresa May s Cabinet. Mr. Sunak entered Parliament in Ms. Fernandes will become a minister in the Department for Exiting European Union. Page 2 of 5
3 Army satisfied with Akash missile Indian Army has Expressed satisfaction over the performance of Akash missile. It is a Made-in-India supersonic missile. Army Air Defence (AAD) Director General Parminder Singh Jaggi expressed his views. The Army successfully carried out trial in December It is a Short-Range Surface-to-Air Missile (SRSAM). DEFENSE New industrial policy in a few months, says Suresh Prabhu The new industrial policy will be launched in few weeks. It was announced by Commerce and industry minister Suresh Prabhu. This policy seeks to promote emerging sectors. It will revamp the Industrial Policy of World's Busiest Air Routes: Tiny Island Beats London, New York The world's busiest air route is between Seoul and a tiny island in South Korea. Planes made 65,000 trips between the Korean capital and Jeju island. It is a trip of around an hour. Busiest North American routes are Los Angeles to San Francisco. It sees 35,000 trips in a year. PNB Ties up with NSFDC Punjab National Bank tied up with National Scheduled Castes Finance and Development Corporation (NSFDC). This tie up has been done to provide financial assistance for economic empowerment of Scheduled Caste (SC) families below Double Poverty Line (DPL). GLOBAL Page 3 of 5
4 Corporate General Manager, B.M.Padha and General Manager, NSFDC, Devanand signed MoU. India bags its first-ever international medal in skiing Aanchal Thakur made history by winning India's first ever international medal in skiing. She is 21-year-old. She is from Manali. Roshan Thakur is her father and the secretary general of Winter Games Federation of India. AWARDS India owns three research stations in the Antarctic Indians reached Antarctica for the first time 30 years ago. There have been over 30 explorations by the National Centre for Antarctic and Ocean Research of India. Programme was initiated in It was started by a team of 21 members. The expedition started from Goa on December 6, World Bank Says India Has "Enormous Potential", Projects 7.3% Growth Rate In 2018 India is likely to have growth rate around 7.3% in It has been predicted by World Bank s Global Economic Prospects. The World Bank report projected China s economy to slow down to 6.4% in 2018 from 6.8% in ECONOMY Page 4 of 5
5 ISRO To Launch Its 100th Satellite India will be launching its 100th satellite. It will launched on 12th January. It will have 30 satellites, including 28 from six other countries. Launch will take place at Sriharikota in Andhra Pradesh. It will be ISRO's 40th space mission. 5-day National Youth Festival begins on January 12, 2018 Prime Minister Shri Narendra Modi will inaugurate the National Youth Festival through video conferencing on January 12, 2018 and address the present. This festival will commence on the occasion of the birth anniversary of the young heart of India's lord Swami Vivekananda. The inauguration ceremony was co-chaired by Chief Minister of Uttar Pradesh, Shri Yogi Adityanath and Minister of State for Youth Affairs and Sports (Independent Charge) Col Rajyavardhan Rathore. On this occasion, the Minister of State for Culture (Independent Charge) Mr. Mahesh Sharma will be the special guest. SCIENCE AND TECHNOL- OGY DAYS AND DATES Page 5 of 5
The Cabinet approved the consent memorandum between India and Canada for cooperation in science and technology.
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