1. Game counters Blue Whale with positive challenges
To counter the ‘Blue Whale’ challenge game and to create positive energy in society, Mangaluru-based start-up Accolade Tech Solutions has come out with a challenge called ‘Rise Up Game’ (RUG).
Addressing reporters Harish Neermarga, Chief Executive Officer, Accolade Tech Solutions, said “RUG is aimed at creating challenges that benefit individual players and society.”
2. 17 Govt. presses merged into 5 units
The Cabinet approved the merger and modernisation of 17 Government of India Presses (GIPs) into five GIPs. These five will be at Rashtrapati Bhavan, Minto Road and Mayapuri in New Delhi, Nashik in Maharashtra and Temple Street in Kolkata.
An official statement said that 468 acres of land of other merged presses will be given to the Land and Development office, Ministry of Urban Development. The modernisation will enable these presses to undertake confidential, urgent and multi-colour printing work of the Central Government offices all over the country.
3. Three Indians in Forbes 100 greatest living business minds list
Three Indian corporate czars — Lakshmi Mittal, Ratan Tata and Vinod Khosla — have been named in Forbes’ special list of the world’s ‘100 Greatest Living Business Minds’.
Lakshmi Mittal is the Chairman and CEO of Arcelormittal, Ratan Tata is Tata group’s Chairman Emeritus and Vinod Khosla is the co-founder of Sun Microsystems.
4. MS Dhoni nominated for Padma Bhushan
The Indian cricket board has nominated Mahendra Singh Dhoni for the country’s third highest civilian award — the Padma Bhushan — for his contribution to the game.
A senior BCCI official confirmed that the Board has only sent one name for the Padma awards this year and it was a unanimous decision to nominate India’s most successful captain.
5. Bound by Paris climate deal, says India
India reaffirmed its commitment to the landmark Paris climate change agreement, saying it is willing to “work above and beyond” the pact to reduce greenhouse gas emissions.
External Affairs Minister Sushma Swaraj, during a UN ‘Leadership Summit on Environment Pact’, said that India had been at the forefront of the debate on environment and development.
6. IIM-B partners German institutes
The Indian Institute of Management Bangalore (IIMB) has partnered with two German B-schools – the Friedrich Alexander University of Erlangen-Nuremberg (FAU) and the Fraunhofer Institute for Integrated Circuits IIS – for an International Management Programme for Technologists (IMPT)
The focus of the programme is on innovation, technology-driven business models, intrapreneurship and platform business models.
7. Peer-to-peer lending platforms to be treated as NBFCs
After a year or more of due-diligence, the RBI has notified that peer-to-peer (P2P) lending platforms need to be regulated and treated on par with non-banking financial companies (NBFCs).
In a notification, the RBI has pressed the need for regulation of this segment, which is fairly nascent in India with only 10-12 small players.
8. India joins quantum computing race
Keen to tap into the next big advance in computing technology, the Department of Science and Technology (DST) is planning to fund a project to develop quantum computers.
A quantum computer, still largely a theoretical entity, employs the principles of quantum mechanics to store information in ‘qubits’ instead of the typical ‘bits’ of 1 and 0. Qubits work faster because of the way such circuits are designed, and their promise is that they can do intensive number-crunching tasks much more efficiently than the fastest comparable computers.
9. Steep decline in under-five mortality rates under National Health Mission
During a briefing on Cabinet decisions JP Nadda, Minister of Health and Family Welfare, said “The decline in under-five mortality or death of children below the age of five has doubled during the National Health Mission (NHM) period”
According to the latest National Family Health Survey 4, under-five mortality dipped by about 32 per cent in 10 years — to 50 per 1000 live births in 2015-16 from 74 per 1000 live births in 2005-06..
10. Microfinance sector must work on its strengths for growth: RBI
According to Reserve Bank of India Deputy Governor NS Vishwanathan. “The days of regulatory forbearance vis-à-vis non-performing assets (NPAs) are over and the micro-finance sector has to grow on the basis of its own strength. One of the things that we are being requested by the MFI sector is to kind of recognise the issue of NPAs in the recent past… It is not that everybody faces the same extent of problem.