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China: World’s First Asteroid Mining Robot to be launched
China is set to launch the first asteroid mining robot in the world by November 2020. The main objective of the mission is to assess capabilities of robots in asteroid mining. The robot will identify and extract valuable resources. Highlights ..
Month: Current Affairs - October, 2020
BSE partners with Gujarat’s iHub to help start-ups
The oldest stock exchange of the country, Bombay Stock Exchange, has entered into an agreement with i-Hub, an incubation set up started by the Gujarat Government, in order to encourage and support the startup companies in raising capital. Scope of ..
Month: Current Affairs - August, 2020
Flipkart unveils Startup promotion programme
The e-commerce major in India, Flipkart, has launched its own startup accelerator program in the country in order nurture and fund the startups in the country. The platform, named as ‘Flipkart Leap’, will open for opportunities for startups in the ..
Month: Current Affairs - August, 2020
Wrist Band to detect COVID 19 Symptoms to be launched by IIT Madras Startup
Muse Wearables, a startup incubated in IIT Madras, is on its way to launch a wearable wrist tracker to detect COVID 19 symptoms at an early stage. This is expected to be available in the market within the next month. ..
Month: Current Affairs - July, 2020
Van Dhan Yojana: Expanded from 18,000 Van Dhan SHGs to 50,000
On June 15, 2020, a webinar was organized by the TRIFED (Tribal Cooperative Marketing Development Federation of India). The webinar was titled “Van Dhan: Tribal Startups Bloom in India” During the webinar, it was informed that current coverage Van Dhan ..
Month: Current Affairs - June, 2020
NSAFE: First antimicrobial and washable Face Mask
The Startup of IIT Delhi has found an antimicrobial face mask that can be washed and reused for 50 times. The Nanosafe Solutions at IIT Delhi has developed the masks to fight against COVID-19. Highlights The NSAFE face mask provides ..
Month: Current Affairs - May, 2020
Portal GARUD launched by DGCA
The Directorate General of Civil Aviation (DGCA) operating under Ministry of Civil Aviation launched “GARUD” Portal. GARUD is Government Authorisation for Relief Using Drones. Highlights The GARUD portal will assist state entities to obtain exemptions from central government to operate ..
Month: Current Affairs - May, 2020
nCoVSENSE Module: Funded by DST to develop Rapid Test of COVID-19
The Department of Science and Technology has funded a health care start up called the “Module Innovations” in order to develop COVID-19 testing kit. The purpose of the kit is to make the testing quicker within 10 to 15 minutes. ..
Month: Current Affairs - April, 2020
ICMR approves India’s first home screening test kit of COVID-19
The Indian Council of Medical Research recently approved the home testing COVID-19 kit that was designed by a startup called Bione. Highlights The prices of the kit ranges between Rs 2,000 and Rs 3,000. In order to take the test, ..
Month: Current Affairs - April, 2020
An Online Hackathon, “Hack the Crisis” launched to work solutions for COVID-19
The Minister of electronics and IT & HRD Shri Sanjay Dhotre launched “Hack the Crisis- India”. It is an online hackathon that aims to work on solutions for COVID-19. Highlights The initiative is being organized by “FICCI Ladies Organization” and ..