Page-30 of Current Affairs - August, 2018

Cabinet approves Extension of Concessional Financing Scheme

Union Cabinet has approved first extension of Concessional Financing Scheme (CFS) for another five years from 2018 to 2023 to support Indian Entities bidding for strategically important infrastructure projects abroad. The scheme also has been liberalized, allowing any Indian company, ..

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Gaofen 11: China launches high-resolution Earth observation satellite

China successfully launched Gaofen-11, an optical remote sensing satellite, as part of the country’s high-resolution Earth observation project. It was launched on board of Long March 4B rocket from Taiyuan Satellite Launch Center in northern Shanxi Province. It was overall ..

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TESS: NASA’s planet hunting Spacecraft is now operational

NASA’s new planet hunting Spacecraft Transiting Exoplanet Survey Satellite (TESS) has become operational and has started collecting data after its successful launch in April 2018. Now, the TESS spacecraft will firstly scan patch of sky in southern hemisphere covering 2,300 ..

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NBRC researchers decipher how Zika virus causes microcephaly

Scientists from National Brain Research Centre (NBRC) have successfully identified molecular and cellular mechanisms by which Zika virus causes microcephaly. Babies born with microcephaly have significantly smaller head size compared with normal babies. Key Findings The researchers found envelop protein ..

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Common Service Centers to help in implementation of Ayushman Bharat

Common Service Center (CSC) and National Health Accounts (NHA) signed Memorandum of Understanding (MoU) to implement the Ayushman Bharat scheme through 3 lakh Common Service Centers (CSCs) across the country. Ayushman Bharat-National Health Protection Scheme (NHPS) aims  cover over 10 ..

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Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill, 2018

Lok Sabha has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to the home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces ordinance promulgated in this regard and amends the Insolvency and Bankruptcy Code, ..

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Government imposes 25% safeguard duty on import of solar cells

Union Government has imposed safeguard duty of 25% on import of solar cells (whether or not assembled in modules or panels) from China and Malaysia. The move is aimed at helping domestic solar cell manufacturing sector. But it could affect ..

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Core industries growth quickens to 6.7% in June 2018

As per data released by Union Ministry of Commerce and Industry, index of eight core industries expanded to 7-month high of 6.7% in June 2018. This was due to better performance by cement, refinery and coal sectors of the index. ..

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