Page-10 of Current Affairs - February, 2018

Malacidins: Scientists discover new class of antibiotics from soil

Scientists from The Rockefeller University in New York have reported discovery of a new class of antibiotics called malacidins. It has been produced by microorganisms living in soil and dirt and is capable of killing off several antibiotic-resistant pathogens. Discovery ..

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Government inks $100 million loan agreement with NDB for Rajasthan Water Project

Government has signed second Loan Agreement with New Development Bank (NDB) for financing of Rajasthan Water Sector Restructuring Project for the Desert Areas. This is the first tranche loan of $100 million was approved by the NDB under Multi Tranche ..

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ONGC to introduce Asia’s first large scale CO2 injection technique at Gandhar field

State owned Oil and Natural Gas Corporation (ONGC) is planning to introduce carbon dioxide (CO2) injection technology in its Gandhar oil field in Gujarat. It will be first large scale CO2-injected project in Asia. Its purpose is to recover extra ..

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KP Sharma Oli sworn in as Nepal's Prime Minister

KP Sharma Oli was sworn in as Nepal’s prime minister for the second time. He is the 41st prime minister of Nepal. He was administered the oath of office and secrecy by President Bidya Devi Bhandari. He is known for ..

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Cyril Ramaphosa sworn in as new President of South Africa

Cyril Ramaphosa, head of ruling African National Congress (ANC) has sworn in as new President of South Africa. He was elected as new president by the ruling party politicians dominating 400-member parliament after the resignation of scam-tainted Jacob Zuma. He ..

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Government extends anti-narcotics scheme for 3 more years

The Union Ministry of Home Affairs (MHA) has extended the Anti-Narcotics Scheme for 3 more years to combat illicit trafficking in drugs and psychotropic substances. Anti-Narcotics Scheme The scheme was first launched in October 2004 for period of five years. ..

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Paschim Lehar: Tri-service maritime exercise held off western coast

Tri-service maritime exercise ‘Paschim Lehar’ was held off India’s western coast with an aim to build interoperability between Indian Navy, Indian Army, Indian Air Force and Coast Guard. This exercise includes participation of large number of ships, submarines and aircraft ..

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China to host 2018 SCO Summit at Qingdao in June

China will host 2018 Shanghai Cooperation Organization (SCO) Summit at Qingdao, eastern Shandong Province in June 2018. China had taken over rotating chair of SCO after17th SCO summit concluded in Astana, capital of Kazakhstan in June 2017. Shanghai Cooperation Organization ..

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BHEL bags order from NTPC for flue gas desulphurisation system

The state owned Bharat Heavy Electricals Limited (BHEL) has bagged major order worth Rs. 560 crore from the National Thermal Power Corporation (NTPC) for setting up flue gas desulphurisation (FGD) system at National Capital Power Station (capacity 2×490 MW) at Dadri ..

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Yes Bank lists $600 million MTN bond on India INX

India’s fifth largest private sector lender Yes Bank has listed $600 million bond issued under its maiden $1 billion MTN programme on Global Securities Market (GSM) of India INX. The bank will use proceeds from this bond to fund the ..

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