Kautilya

RBI Allows Offline Digital Payments

To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments up to Rs 200 per transaction, subject to an overall limit of Rs 2,000.

All Cars will Soon Need to Have 6 Airbags

After implementation of mandatory fitment of two airbags for driver and passengers on the front seats across all models of cars, including in the cheapest ones, the transport ministry will now expedite the mandatory installation of four more airbags for the rear seat passengers.

India’s First Lithium Refinery Mooted In Gujarat

In all, 39 MoUs were signed on Monday as part of the upcoming 10th Vibrant Gujarat Global Summit (VGGS). These included proposals to set up the country’s first lithium refinery and a research centre for nano satellites. The MoUs also comprise initial pacts signed by educational institutions for research and training.

Alka Mittal First Woman to Head Oil Giant ONGC

Alka Mittal has become the first woman to head India’s largest exploration and production company, ONGC, and second woman in the country to helm an oil company after Nishi Vasudeva, who had made history in March 2014 after taking over the reins of oil refiner-fuel retailer Hindustan Petroleum.

36.78 Crore LEDs Distributed Across the Country Under UJALA

UJALA was successful in lowering the retail price of LED lights from Rs 300-350 (US$ 4.03- 4.7) to Rs 70-80 (US$ 0.9- 1) per bulb. The programme not only made affordable energy available to everyone, but it also saved a lot of energy. As of present, energy savings total 47,778 million kWh per year. 9565 MW of peak demand has been avoided, resulting in a saving of 3,86 crore tonnes of CO2 emissions.

Swarnajayanti Fellow Working to Develop Technology for Prediction and Control of Vapor Explosion Induced Accidents in Boilers

Artificial Intelligence and machine learning may soon be used to develop indigenous technology for prediction and control of vapor explosion-induced accidents in boilers so as to prevent such mishaps. A staggering 23,000 boiler accidents have been recorded worldwide over the past 10 years, wherein India alone accounts for the 34% of global deaths.