Daily GK Update: 3rd June 2020

Ircon climbs after inking pact to explore opportunities in solar energy

  • Ircon International surged 1.52% to Rs 90 after the company signed a pact with NIIFL, Ayana Power to explore opportunities in solar energy.
  • Shares of IRCON has gained 6.2% in four trading sessions.
  • IRCON after market hours on 1 June 2020 (Monday) announced that it has signed a Memorandum of Understanding (MoU) with National Investment and Infrastructure Fund (NIIFL) and Ayana Renewable Power (AYANA), a NIIF platform company to explore and collaborate on opportunities in the solar energy sector.
  • According to the MOU, NIIFL and IRCON will evaluate strategic partnerships across infrastructure projects and will identify, bid and execute solar energy projects through joint ventures/consortium arrangements. The partnership will further consider suitable opportunities for solar energy production for Indian Railways.
Source: Business Standard

Despite being 3rd largest startup ecosystem, India falls to 23rd spot surprisingly below these countriess

India ranked 23rd in the 2020 Startup Ecosystem Rankings Report

  • Even as India continues to improve its annual Ease of Doing Business ranking, its startup ecosystem appears to be losing steam. According to the global innovation mapping and research company StartupBlink, which gathers local data of every country to rank their startup ecosystem based on the quality of startups, business environment coupled with the quantity, India has moved down from 17th position in 2019 to 23rd this year out of 100 countries. The third-largest ecosystem – India, in terms of number of technology startups, has been ranked even behind emerging ecosystems such as Estonia, Lithuania, Brazil, Denmark etc. The ranking has been led by the US, the UK, and Israel while China has improved its rank by 13 spots to 14th position this year and Japan stood at 21st spot.
  • Moreover, among the top 100 startup cities, only four India cities were captured. Bengaluru (down by three ranks to 14th position), New Delhi (up by three spots to 15th position), Mumbai (improved by seven spots to 22nd position), and Hyderabad (falling 21 ranks to disappointing 96th position). Last year, seven cities were ranked in the top 100 list versus four this year. “This year has shown that the leap the Indian ecosystem had registered in our 2019 rankings was a bit premature,” the report titled StartupBlink Ecosystem Rankings Report said.
Source: Financial Express

Delhi CM launches app to help track hospital beds, ventilators for COVID-19 patients

Coronavirus India - Delhi Corona App Has Many People Making ...

  • Delhi Chief Minister Arvind Kejriwal today launched a Delhi Corona App for people to give accurate information about beds and ventilators availability in city’s hospitals. He urged the people to download the App.
  • Addressing a media briefing in New Delhi today, Mr. Kejriwal said, this app will be d two times in a day. He said, a web page has also been created www.delhifightscorona.in to provide the latest status of the vacant beds in hospitals. He said, if people are denied beds for COVID-19 patients, people may call at helpline number 1031.
  • On Delhi’s preparedness to deal with the Corona virus, he said, it is a matter of concern that cases in Delhi are rising but there are sufficient arrangements of beds, ICU and oxygen to deal with this infectious disease and people need not to worry. Mr. Kejriwal said, more than four thousand 100 out of six thousand 731 beds for COVID-19 patients in Delhi’s hospitals are vacant.
Source: All India Radio

Moody’s downgrades India’s ratings to Baa3, maintains negative outlook

Coronavirus Impact: Moody's downgrades India's ratings to Baa3 ...

  • Moody’s Investors Service on Monday downgraded India’s foreign currency and local currency long-term issuer ratings to Baa3 from Baa2, citing the country’s policymaking institutions will be challenged in enacting and implementing policies which effectively mitigate the risks of a sustained period of relatively low growth.
  • “The decision to downgrade India’s ratings reflects Moody’s view that the country’s policymaking institutions will be challenged in enacting and implementing policies which effectively mitigate the risks of a sustained period of relatively low growth, significant further deterioration in the general government fiscal position and stress in the financial sector,” the ratings agency said in a release, while maintaining a negative outlook.
Source: The Economic Times

SpaceX’s Dragon spacecraft docks at ISS after historic launch

What Time Is the SpaceX Arrival at the Space Station? How to Watch ...
  • SpaceX’s Dragon spacecraft with two NASA astronauts successfully docked with the International Space Station last night after a historic launch from the Kennedy Space Center in Florida. It has marked the dawn of a new age in commercial space travel.
  • Elon Musk’s SpaceX company confirmed the successful docking of NASA astronauts Bob Behnken and Doug Hurley with the ISS, the orbiting laboratory after traveling 19 hours. They were greeted by fellow NASA astronaut Christopher Cassidy and Russian cosmonauts Anatoli Ivanishin and Ivan Vagner, who were already on board the orbiting laboratory.
  • NASA Administrator Jim Bridenstine called the station from the space agency’s mission control center in Houston, Texas. Bridenstine said, we are so, so proud of everything you’ve done for our country, and in fact, to inspire the world.
  • Saturday’s liftoff also assumes significance as it marks the launch of humans into orbit from US soil for the first time in nearly a decade. With the liftoff, SpaceX became the first private company to launch people into the orbit, a feat achieved previously by only three governments the US, Russia and China.

Source: All India Radio

Ex-MCD mayor replaces Tiwari as Delhi BJP chief

Manoj Tiwari removed as Delhi BJP chief, Adesh Gupta appointed ...
  • Former mayor of the North Delhi Municipal Corporation and first-time councillor Adesh Kumar Gupta Tuesday replaced Manoj Tiwari as the Delhi BJP chief.
    Gupta (51) was chosen as mayor in 2018 by the BJP, which rules all three municipal corporations in Delhi. He is currently a member of the North MCD’s standing committee — a top decision-making body — from the West Patel Nagar ward.
  • Gupta said his priorities would be to tackle the current pandemic and “expose” the Aam Aadmi Party. “People are not getting admission in hospitals, and poor people have migrated in large numbers from Delhi. We will reach out to people and show them how AAP makes tall claims but the ground reality is something else,” he said, adding he will also focus on strengthening the organisation.
Source: The Indina Express

Archery coach Jayantilal Nanoma passes away in road accident

Archery coach Jayantilal Nanoma passes away in road accident ...
  • International archer-turned-coach Jayantilal Nanoma died in a road accident in Rajasthan on Sunday. He was 34 and is survived by his wife and daughter.
    Nanoma, an Asia Cup and Asian Grand Prix medallist in compound individual and team events in 2010, met with an accident while travelling with a friend from Banswara to Dungarpur in a car.
  • Nanoma was employed as a District Sports Officer in Dungarpur. As a coach, he produced several national and international level archers from Rajasthan.
    He worked as a coach with the Indian team in different overseas competitions. He received the prestigious Maharana Pratap State Sports Award.
Source: Sportstar

Cricket Australia announces dates for India’s tour to Australia starting October

Cricket Australia likely to review IPL contracts in wake of COVID ...

  • Cricket Australia has announced the dates for India’s tour to Australia starting October this year for an assignment comprising four Tests, ODIs as well as T20 Internationals.
  • Virat Kohli’s men will tour the country for a T20 series first, which will begin on October 11 at Brisbane followed by matches on October 14 and 17.
  •  The Men in Blue will then return for a four-Test series, beginning on December 3 at Brisbane, and it will be followed by a three-match ODI series. The ODI series is scheduled to begin with a match on January 12 in Perth next year.
  • The Indian women’s team will also travel to Australia for an ODI series with matches scheduled in Canberra in January next year.

Source: All India Radio

US postpones G7 Summit till September

 Trump postpones G7 summit till September, wants to include India ...
  • US President Donald Trump has postponed the G7 Summit till September. He has expressed his desire to expand the Group to G10 or G11, including India and three other nations Russia, Australia and South Korea to the grouping of the world’s top economies.
  • The G7 members are US, Canada, France, Germany, Italy, Japan, and UK at present. Mr Trump has been over the weeks suggesting that there is no greater example of reopening amid the COVID-19 pandemic than holding an in-person G7 summit in America by the end of June.
  • He said, the G7 Summit could happen before the UN General Assembly session in September. The Presidential election in the US is scheduled for November 3. Mr Trump is seeking a second term in the White House.

Source: All India Radio

TRIFED Under M/o Tribal Affairs Extends All Out Support to Tribal Artisans in Distress Due to Circumstances Arising Out of Covid-19

TRIFED Under M/o Tribal Affairs Extends All Out Support to Tribal ...

  • TRIFED under Ministry of Tribal Affairs has launched all out efforts to support the tribal artisans in distress  due to circumstances arising out of Covid-19. It has announced an aggressive plan through its TRIBES India retail and e-Com platforms (www.tribesindia.com) to help artisans kickstart their production and sales operations. Accordingly, TRIFED has re-opened all its outlets and e-Commerce portals to support tribal commerce.
  • TRIFED has also decided to market these products through bulk sales via its extensive retail network across the country and through e-com portals, with attractive discounts. Keeping in mind the difficulties faced by tribal master craftsmen and women, it has been decided to transfer 100% of the sales proceeds to the tribal artisans.

Source: Ministry of Tribal Affairs

COVID-19 testing laboratory inaugurated in CSIR-NEIST, Jorhat

COVID-19 Testing Lab Inaugurated in CSIR-NEIST, Jorhat - EE Times ...

  • A COVID-19 testing laboratory has been established in the Jorhat campus of the North East Institute of Science and Technology (NEIST). Dr Himanta Biswa Sarma, Minister of Health and Family Welfare, Finance, Education (Higher, Secondary and Elementary), Transformation and Development, PWD, Govt. of Assam, inaugurated the laboratory. The Director of CSIR-NEIST, Dr G. Narahari Sastry, described this momentous event as an important milestone in the annals of CSIR-NEIST history.
  • Appreciating the fact that NEIST is the first research and development institute in Assam to open up a testing facility, Dr. Himanta Biswa Sarma congratulated the scientists and staff of the institute for making it happen.
  • Dr Sastry mentioned that a team of 10 scientists of the institute are actively involved in isolation of RNA from the virus besides 40 other staff members are acting as a support system. The institute’s Biotechnology Division is playing a pivotal role in carrying out RT-PCR-based COVID-19 testing. Besides, the Govt. of Assam and the district administration of Jorhat are actively cooperating and facilitating the efforts put in by the institute.
Source: Delhi Post

Khelo India e-pathshala starts with archery webinar

Khelo India e-Pathshala: Sports Authority of India to launch ...

  • Sports Minister Kiren Rijiju and tribal affairs minister Arjun Munda on Monday inaugurated Khelo India e-Pathshala programme with a webinar — attended by young archers, archery coaches and experts of the discipline from across the country.
  • The e-pathshala aims to provide online coaching and education to athletes living in far-off areas.
  • The progamme was launched by the Sports Authority of India (SAI), in association with National Sporting Federations (NSFs) recently.
    Rijiju said such initiatives are need of the hour.
  • “The unique programme will connect athletes from secluded areas of India, who may not always have access to established players and coaches. I am confident this programme will motivate more young athletes to take up sport professionally,” Rijiju said in a statement.
Source: Sportstar