30 October 2022


Pension Index

India Ranks 41st Among 44 Nations In Pension Index :-

Pension Index In the Mercer CFS Global Pension Index, India ranked 41st out of 44 countries , up from 40th in 2021. According to a report, the survey found that the country needs to strengthen its regulatory framework and expand coverage under private pension arrangements. “In the absence of social security coverage in the country, the adequacy and sustainability sub-indices can be significantly improved by increasing coverage under private pension arrangements,” according to the survey-based report. Read also:-Global Retirement Index


Pradeep Kharola Named As CMD Of India Trade Promotion Organization :-

According to a Personnel Ministry order, former Civil Aviation Secretary Pradeep Singh Kharola has been named Chairman and Managing Director of India Trade Promotion Organization (ITPO). Kharola, a 1985 batch Karnataka cadre Indian Administrative Service (IAS) officer, retired as civil aviation secretary in September last year. He was appointed chairman of the National Recruitment Agency (NRA) in March of this year, which is in charge of conducting computer-based Common Eligibility Tests for government job recruitment.


India, France Re-Elected As President And Co-President Of International Solar Alliance :-

At the International Solar Alliance’s (ISA) fifth general assembly, India and France were re-elected as President and Co-President, respectively. Union Power and New & Renewable Energy Minister R K Singh will be the President of the International Solar Alliance, with Chrysoula Zacharopoulou, France’s Minister of State for Development and International Partnerships, serving as co-President, according to ISA Director General Ajay Mathur. Mathur stated that only applications from India and France were received for the positions of President and Co-President.


FIFA: Tazuni Unveiled As Mascot For 2023 FIFA Women’s World Cup :-

For the first time, two nations will host the Women’s World Cup in 2023, with Australia and New Zealand taking the honours. The tournament will be held in both countries, with games beginning in Auckland and concluding in Sydney. Tazuni was unveiled as the mascot for the 2023 Women’s World Cup. Tazuni is a penguin based on the endemic New Zealand species Eudyptula minor, as well as the closely related Eudyptula novaehollandiae species found in Australia and New Zealand.


Reliance Jio To Deploy 5G Gear From Nokia And Ericsson :-

In separate statements, European telecom equipment makers Nokia and Ericsson announced multi-year supply contracts with Reliance Jio for supplying 5G network equipment to the country’s largest carrier for deploying standalone or 5G SA. Reliance Jio intends to build a 5G standalone network that will interoperate with its 4G network. According to the company, the network will allow Reliance Jio to provide advanced 5G services such as massive machine-to-machine communications, network slicing, and ultra-low latency.


Global Youth Climate Summit Held In Bangladesh :-

Youth from 70 countries attended the Global Youth Climate Summit in Khulna, Bangladesh. The three day summit between October 20-22 has bring together 650 youth in a hybrid format with 150 youth joined in person and 500 online. Elaborating the purpose of the summit, Ejaj Ahmad, the CEO of the Global Youth Leadership Centre (GYLC) which organised the programme, said that the GYLC is launched as a global organisation to mobilise youth especially from the Global South to tackle the climate crisis.


Fintech Platform PhonePe Launches Its First Green Data Centre In India :-

Dell Technologies and NTT have built India’s first green data centre for fintech firm PhonePe using liquid immersion technology. According to the company, this is also PhonePe’s first green data centre in India, which will help the fintech reduce carbon emissions and meet sustainability goals. This 4.8-megawatt facility in Mahape, Navi Mumbai, is built and designed with advanced alternative cooling technologies such as Direct Contact Liquid Cooling (DCLC) and Liquid Immersion Cooling (LIC).


HDFC Securities Opens Women-Only Digital Centre In Bengaluru :-

HDFC Securities, a leading stock brokerage firm, has announced the establishment of India’s first women-only Digital Centre (DC). The centre, which will be staffed entirely by women, will cater to both male and female investors. The Bengaluru-based centre will serve customers from Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana. According to a statement, this follows the company’s announcement about the opening of multiple DCs across India to ease access to services and promote digital adoption.


Dr. Sankarasubramanian K. Named Principal Scientist Of ISRO’s Aditya-L1 Mission:-

The Indian Space Research Organisation (ISRO) has named Sankarasubramanian K as the Aditya-L1 mission’s Principal Scientist. Aditya-L1 is India’s first observatory-class space-based solar mission.  “The spacecraft will be placed in a halo orbit around the first Lagrange point, L1, of the Sun-Earth system,” the Bengaluru-based national space agency said in a statement. It was noted that a satellite orbiting the L1 point has the advantage of continuously viewing the sun without occultation/eclipse.


Mission DefSpace Launched By PM Modi In Gujarat :-

Prime Minister Narendra Modi formally opened DefExpo 2022 at the Mahatma Gandhi Convention and Exhibition Centre in Gandhinagar. PM Modi stated at the ceremony that DefExpo is introducing Indian defence manufacturing capabilities to the world. The Prime Minister also launched Mission DefSpace, which aims to develop innovative space solutions for the Armed Forces through industry and start-ups. The Prime Minister stated that the country now intends to increase defence exports to $5 billion USD in the near future.

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