SIPVS Knowledge is Power
- Jaipur Literature Festival begins in Houston
Jaipur Literature Festival was begun in Houston with a soulful music performance followed by stimulating discussions.
- The festival is touted as the world’s largest free literary festival.
- The inaugural session also saw Congress leader and writer Shashi Tharoor discuss his book “Why i am a Hindu” with writer Namita Gokhale.
- The annual festival began in 2006 and is held annually in Jaipur. This is the first time that it is being held outside Jaipur.
- Hyderabad gets India’s first dog park
Hyderabad is set to get country’s first exclusive dog park.
- The park, which is spread over in 1.3 acres, has been developed by the Greater Hyderabad Municipal Corporation at cost of Rs. 1.1 crore.
- The park also has dog training and exercise equipments.
- India-US military exercise begins in Uttarakhand
India and US armies on Sunday began a two-week joint military exercise in Uttarakhand to hone their tactical and technical skills in countering insurgency and terrorism in a United Nation peacekeeping scenario.
- Battalion-strong Army personnel from the US and an equal number from India are participating in ‘Exercise Yudh Abhyas 2018’ at Chaubattia in Almora district.
- Inaugural Edition of Bimstec Milex-18 Culminates at Pune
The Inaugural Edition of the BIMSTEC Nations Military Field Training Exercise i.e. MILEX – 2018 culminated on 16 September 18 after a Validation Exercise and an impressive Closing Ceremony held at Foreign Training Node, Aundh Military Station, Pune.
- The tactical drills showcased during the Validation Exercise included Hostage Rescue by insertion of troops from helicopters, Room Intervention as well as House Clearing Drill as part of Cordon and Search Operations, Raid on a Terrorist Hideout and neutralization of Improvised Explosive Devices(IED).
- The entire exercise was monitored and controlled through the Joint Command Post established with representatives of the participating contingents.
- The Exercise demonstrated the commitment and capabilities of the participating BIMSTEC National armies in working closely with each other to eradicate the menace of terrorism existing in different forms.
- Second Flight Test of MPATGM Successful
Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM), was successfully flight tested for the second time from the Ahmednagar range.
- All the mission objectives have been met.
- The two missions on 15 and 16 September 2018 have been successfully flight tested for different ranges including the maximum range capability.
- ISRO launches two British earth observation satellites onboard PSLV-C42
The Indian Space Research Organization has launched its heavy-weight rocket, the Polar Satellite Launch Vehicle (PSLV), into orbit carrying two earth observation satellites of Britain’s Surrey Satellite Technology Limited.
- PSLV-C42 is carrying two earth observation satellites of Britain’s Surrey Satellite Technology Limited (SSTL), NovaSAR and S1-4, weighing 450 kg each.
- PSLV-C42 is the first fully commercial trip of the year, breaking a five-month-long lull, for the Indian Space Research Organisation (ISRO).
- Reserve Bank licence for PayU to open NBFC arm
PayU India has received a licence from the Reserve Bank of India to operate its own non-banking financial company, a development that will provide a big boost to the Naspers-owned fintech major in growing its consumer credit business.
- The NBFC, PayU Credit, which will be a subsidiary of PayU, is the latest offering from the company that looks to expand its suite of credit-focused offerings.
- PayU, according to company executives, has an estimated 4,00,000 merchants on its platform.
- RBI cancels licence of Tech Mahindra for issuing pre-paid cards
The Reserve Bank has cancelled the licence of Tech Mahindra Limited to issue pre-paid cards following the voluntary surrender of authorisation by the Noida-based company.
- The certificate of authorisation (COA) was issued in November 2013, the Reserve Bank said in a statement.
- Following the cancellation of the COA, the company cannot transact the business of pre-paid card issuance.
- SAFF Cup: Maldives beats India 2-1 to win title
India’s quest for an eighth South Asian Football Federation Cup title ended as it suffered a 1-2 defeat against Maldives in the summit clash.
- India, the defending champions, largely dominated the match with better ball possession and more shots at the opposition goal but the Maldives team scored from the few chances it got to lift the winners’ trophy for the second time.
Maldives had also won the title in 2008 edition which it co-hosted
- Jaipur Literature Festival begins in Houston
Jaipur Literature Festival was begun in Houston with a soulful music performance followed by stimulating discussions.
- The festival is touted as the world’s largest free literary festival.
- The inaugural session also saw Congress leader and writer Shashi Tharoor discuss his book “Why i am a Hindu” with writer Namita Gokhale.
- The annual festival began in 2006 and is held annually in Jaipur. This is the first time that it is being held outside Jaipur.
- Hyderabad gets India’s first dog park
Hyderabad is set to get country’s first exclusive dog park.
- The park, which is spread over in 1.3 acres, has been developed by the Greater Hyderabad Municipal Corporation at cost of Rs. 1.1 crore.
- The park also has dog training and exercise equipments.
- India-US military exercise begins in Uttarakhand
India and US armies on Sunday began a two-week joint military exercise in Uttarakhand to hone their tactical and technical skills in countering insurgency and terrorism in a United Nation peacekeeping scenario.
- Battalion-strong Army personnel from the US and an equal number from India are participating in ‘Exercise Yudh Abhyas 2018’ at Chaubattia in Almora district.
- Inaugural Edition of Bimstec Milex-18 Culminates at Pune
The Inaugural Edition of the BIMSTEC Nations Military Field Training Exercise i.e. MILEX – 2018 culminated on 16 September 18 after a Validation Exercise and an impressive Closing Ceremony held at Foreign Training Node, Aundh Military Station, Pune.
- The tactical drills showcased during the Validation Exercise included Hostage Rescue by insertion of troops from helicopters, Room Intervention as well as House Clearing Drill as part of Cordon and Search Operations, Raid on a Terrorist Hideout and neutralization of Improvised Explosive Devices(IED).
- The entire exercise was monitored and controlled through the Joint Command Post established with representatives of the participating contingents.
- The Exercise demonstrated the commitment and capabilities of the participating BIMSTEC National armies in working closely with each other to eradicate the menace of terrorism existing in different forms.
- Second Flight Test of MPATGM Successful
Indigenously developed Man Portable Anti-Tank Guided Missile (MPATGM), was successfully flight tested for the second time from the Ahmednagar range.
- All the mission objectives have been met.
- The two missions on 15 and 16 September 2018 have been successfully flight tested for different ranges including the maximum range capability.
- ISRO launches two British earth observation satellites onboard PSLV-C42
The Indian Space Research Organization has launched its heavy-weight rocket, the Polar Satellite Launch Vehicle (PSLV), into orbit carrying two earth observation satellites of Britain’s Surrey Satellite Technology Limited.
- PSLV-C42 is carrying two earth observation satellites of Britain’s Surrey Satellite Technology Limited (SSTL), NovaSAR and S1-4, weighing 450 kg each.
- PSLV-C42 is the first fully commercial trip of the year, breaking a five-month-long lull, for the Indian Space Research Organisation (ISRO).
- Reserve Bank licence for PayU to open NBFC arm
PayU India has received a licence from the Reserve Bank of India to operate its own non-banking financial company, a development that will provide a big boost to the Naspers-owned fintech major in growing its consumer credit business.
- The NBFC, PayU Credit, which will be a subsidiary of PayU, is the latest offering from the company that looks to expand its suite of credit-focused offerings.
- PayU, according to company executives, has an estimated 4,00,000 merchants on its platform.
- RBI cancels licence of Tech Mahindra for issuing pre-paid cards
The Reserve Bank has cancelled the licence of Tech Mahindra Limited to issue pre-paid cards following the voluntary surrender of authorisation by the Noida-based company.
- The certificate of authorisation (COA) was issued in November 2013, the Reserve Bank said in a statement.
- Following the cancellation of the COA, the company cannot transact the business of pre-paid card issuance.
- SAFF Cup: Maldives beats India 2-1 to win title
India’s quest for an eighth South Asian Football Federation Cup title ended as it suffered a 1-2 defeat against Maldives in the summit clash.
- India, the defending champions, largely dominated the match with better ball possession and more shots at the opposition goal but the Maldives team scored from the few chances it got to lift the winners’ trophy for the second time.
Maldives had also won the title in 2008 edition which it co-hosted
