The Indian Space Research Organisation (ISRO) has inked an agreement with MapmyIndia to develop mapping and other location-based services in the country. The initiative taken by ISRO in collaboration with MapmyIndia could prove to be an alternative to Google maps which has a monopoly in the mapping services in the country, the Indian Express reported.
Open FlipIf you are still looking for gifts for your loved one, consider Amazon’s One-Stop Valentine’s Shop for all your needs. Valentine’s day is preceded by Valentine’s Week, with each day having its own special significance. From flower bouquets for Rose Day to the most delicious chocolates for Chocolate Day, Amazon’s Valentine’s Day shop features gifts for all. So what are you waiting for?
Open FlipA high-level committee led by Union Home Minister Amit Shah on Saturday approved around Rs 3,113 crore to five states that faced natural disasters and pest attacks in 2020. The states and union territory receiving additional central assistance from the National Disaster Risk Management Fund (NDRMF) include Andhra Pradesh, Bihar, Tamil Nadu, Puducherry and Madhya Pradesh.
Open FlipWorld Health Organization chief, Tedros Adhanom opined that the drop in confirmed COVID-19 infections around the world was encouraging, but cautioned against relaxing restrictions that have helped curb the spread of the coronavirus. He said the number of reported infections globally has declined for the fourth week in a row, and the number of deaths also fell for the second consecutive week.
Open FlipThe race to create ultra-thin watches, it seems, is a never-ending one. Last week, Titan Company, the world’s fourth-largest watchmaker, announced its ambitions to be counted among the very best with the launch of the Titan Edge Mechanical. This limited-edition collection of 200 watches is powered by the Edge Calibre 903 that measures just 2.2 mm and has a power reserve of 42 hours.
Open FlipCentral Depository Services Limited (CDSL) emerges as India's first and only listed depository to open three crore plus (30 million) active demat accounts. It is currently the largest depository in the country in terms of active demat accounts. The depository facilitates holding and transacting in securities electronically and facilitates settlement of trades on stock exchanges.
Open FlipTwitter chief Jack Dorsey on Friday announced that he and rap mogul Jay-Z are developing a fund devoted to converting bitcoin digital money "the internet's currency." Dorsey, who is also the founder and chief of financial services and mobile payments firm Square, said in a tweet that he and Jay-Z are giving 500 bitcoin to fund an independent endowment called "Btrust."
Open FlipModerna said it was seeking clearance with regulators around the world to put 50 per cent more coronavirus vaccine into each of its vials as a way to quickly boost current supply levels. The company stated that the USFDA had already cleared it to increase levels by 40%. "Moderna has proposed filling vials with up to 15 doses of vaccine versus the previous 10 doses," the vaccine maker said.
Open FlipDRDO Chairman Dr G Satheesh Reddy opined that India will become 'atmanirbhar' when all state-of-the-art defence equipment and systems are designed, developed and produced in the country. The DRDO chairman urged students to devote their energy and time to learning next-generation technology related to artificial intelligence, and cybersecurity, thereby paving the roadmap for the growth of India.
Open FlipA total of 97.72 lakh healthcare workers and 71.64 lakh frontline workers have been registered on Co-WIN application till February 9. Till 9th February 2021, a total of 65.28 lakh beneficiaries have received 1st dose of COVID-19 vaccine. The NEGVAC prioritized healthcare workers, frontline workers, people aged 50 years and above, and individuals below 50 with comorbidities for COVID vaccination.
Open FlipThe Oxford-AstraZeneca COVID-19 vaccine Covishield, manufactured by the SII, is being procured by the govt at a lower price of Rs 210 per dose. As per available information, the vaccine price across the world is in the range of about USD 4 to USD 5.25. For COVAX AMC facility that pools the demand and supplies for 191 participating countries, the price is USD 3 per dose to USD 3.15 per dose.
Open FlipFormer SBI chairman Rajnish Kumar will serve as the exclusive advisor to a USD 1 billion-stressed assets fund floated by the Kotak Mahindra Bank group. He retired as the chairman of SBI in October last year after an over four-decade career. Kotak Investment Advisors Kotak Investment Advisors anchored by a USD 500 million commitment from Abu Dhabi Investment Authority.
Open FlipWork will start soon in the Delhi-Dehradun expressway project, which will reduce the distance between the two cities from 235 km to 210 km and travel time from the current 6.5 hours to just 2.5 hours after completion. This Expressway will be India's first such highway where there will be a 12 km long elevated corridor for the protection of wildlife.
Open FlipThis year's Jaipur Literature Festival (JLF) will be counting clicks on its website instead of footfalls on the hallowed ground of the Diggi Palace. The "Kumbh Mela of literature", kicks off in a virtual edition on February, 19. The American philosopher and linguist Noam Chomsky, Bill Gates, are Avni Doshi are among the celebrated speakers of 14th edition of the popular literature festival.
Open FlipBuffett disciples are currently extra cautious in investing as the acclaimed investor's favourite valuation metric- “Buffett Indicator” is ringing an alarm. The “Buffett Indicator” is a simple ratio: The total market capitalization of U.S. stocks divided by the total dollar value of the nation’s GDP. It has surged to the highest-ever reading and thus suggesting a “strongly overvalued” situation.
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