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India Successfully Test Fires exo atmospheric Interceptor Missile

New Delhi (ABC Live): exo atmospheric Interceptor MissileAt 0745 hrs today, India successfully conducted a test wherein an incoming ballistic missile target was intercepted by an exo-atmospheric interceptor missile off the Bay of Bengal. With this commendable scientific achievement, India has crossed an important milestone in building its overall capability towards enhanced security against incoming ballistic missile threats. It has …

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Indian Air Force to Get Airborne Surveillance System

New Delhi (ABC Live): Airborne Surveillance System : The first indigenous Airborne Early Warning and Control System (AEW&C) in IOC configuration shall be handed over to the Indian Air Force (IAF), on 14th February during Aero India 2017 at Yelahanka Air base in Bengaluru. This was announced by Chairman DRDO and Secretary Department of Defence (R&D), Dr. S. Christopher while …

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India All Set to Act Against Shell Companies

New Delhi (ABC Live): Shell Companies :A Meeting was held today in Prime Minister’s Office (PMO) along with the Senior Officers of various Departments to review the functioning of ‘Shell Companies’ (companies which does not conduct any operations and indulge in money laundering) in India, so as to prevent their misuse for money laundering and tax-evasion, especially in the context …

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India to Implement Civil Liability for Nuclear Damage Act

New Delhi (ABC Live):Civil Liability for Nuclear Damage Act : In the last two decades, there has been a continuous increase in availability of Radiation Oncology facilities for cancer care in India and the number of treatment units (Linear Accelerators and Telecobalts) have increased from less than 250 in year 1995 to approximately 552 units in 2015. The newer Radiation facilities, …

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ISRO Plans to Roll Rover on Lunar Surface in Chandrayaan-2

New Delhi (ABC Live):Chandrayaan-2 : Indian Space Research Organisation (ISRO) is planning to deploy a rover on the lunar surface in the Chandrayaan-2 mission. The Chandrayaan-2, India’s second mission to the Moon, is a totally indigenous mission comprising of an Orbiter, Lander and Rover. After reaching the 100 km lunar orbit, the Lander housing the Rover will separate from the …

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India Finds Uranium Mines in Meghalaya

New Delhi (ABC Live): Uranium mineralization in Meghalaya has been found over a large area around Domiasiat, Wahkyn, Lostoin etc. Uranium Corporation of India Ltd. (UCIL) under Department of Atomic Energy (DAE) has already made a plan to develop the mineral resources at Domiasiat under the name of “Kylleng Phendengsohiong Mawthabah (KPM) Uranium Mining Project”. The project has the potential …

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India Approves Six Additional Nuclear Power Plants

New Delhi (ABC Live):  :Nuclear Power Plants :The Government has accorded ‘in principle’ approval for the sites at Gorakhpur in Haryana and Mahi Banswara in Rajasthan for setting up 4 reactors of 700 MW each.  The Government has also accorded financial sanction for Units 1 & 2 at Gorakhpur (GHAVP 1&2-2×700 MW) and work on the project has commenced. The nuclear …

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India Inks Deal with France for Nuclear Power

New Delhi (ABC Live):Nuclear Power :The French Government in January 2016 had communicated that French public utility Electricite de France (EDF) was designated to take control of AREVA NP and would be the single entry point for Indian side on all matters related to nuclear power projects to be setup at Jaitapur, Maharashtra. Nuclear Power Corporation of India Limited (NPCIL) has entered into an MoU …

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India Gets US $ 201.5 Million WB Loan for Engineering Education

New Delhi (ABC Live):The Government of India and the World Bank today signed a US$ 201.50 million credit agreement to enhance the quality and equity of engineering education across several focus states[1] in India. Technical Education Quality Improvement Project (TEQIP III), signed today, is the third phase of an envisioned 15-20 year phased program initiated with the first phase of …

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RBI Releases Data of Indian Banks Online Transactions

Mumbai (ABC Live): Reserve Bank of India (RBI) collects information on the number of debit and credit cards outstanding by the Scheduled Commercial Banks (SCBs). The credit and debit cards outstanding for the last three years is placed below: (in millions) 2013-14 (As at the end of March 31, 2014) 2014-15 (As at the end of March 31, 2015) 2015-16 …

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