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Performing Ethereum Trading With Excellence

  The trend of cryptocurrency in financial institutions is increasing because it benefits the people in the portfolio. The accountability of the people in acquiring the excellent choice in cryptocurrency trading is increasing, and they are perfectly managing their assets from . The outstanding efficiency of the people in having the same characteristics but with distinct nature makes them more different from the others. The tremendous development of cryptocurrency in earning profit and trading with the different elements makes them different in operating the modes and making the trading strategy.and join ethereum code platform 

Photo by RODNAE Productions on Pexels.com

The evolution of cryptocurrency in determining the operating and adopting market is bringing people closer to each other. The investors can simply apply the trading strategy and ideally focus on defining their end goal by establishing a fantastic decision. Digital selling and purchasing of the Cryptography establish the marketplace where the consumer can effectively learn about the person ready to dip into commerce. The article presents some effective strategies where the crypto traders can effectively meet the money secured on the platform and, without losing, can regularly make the judgment.

Crypto Trading And The Wonderful Strategy

Financial risk is necessary to mitigate, and it is possible only if effectiveness is applied in making the strategy. Common strategies typically bring a lot of changes, but advanced strategies can alter your future and make you a permanent part of cryptocurrency investment.

Day Trading

An efficient way a person can enter the market and exit after an unlimited period is adequate. Day trading is an exciting part of trading strategies, including a single-day investment. Most people who want to know about tea’s income sources utilize day trading. Typically more people understand Bitcoin volatility, and it is there to help everybody to make a profit in the moving market. The focus of everybody is to analyze the technical part and understand whether the strategy is consuming more risk or giving an accountable part of the suitable investment.

Future Trading

Another element that speaks loud while understanding future trading is the contract agreement on the participation of multiple people. In future trading, a person pre-determines the strategy and utilizes their money to invest according to the date and time. There is no option available, but most people are selected about the cryptocurrency, and to reduce the danger, they focus on future trading.

Top 4 Strategies

Risk management is essential, and to enhance the prosperity of any cryptocurrency, it is understood that the volatility must reduce, and risk should manage in a manner. People falling apart in management need to focus on the capital and the critical factor designed to minimize the actual losses. Risk management needs to define the prosperity and the portfolio that increases the confidence of a person to approach the cryptocurrency market.

Technical analysis is another part where a person cannot do several things from the chart and creates confidence to focus on the past moment of investment significantly. Typically people who are very analytic about their skills focus on getting the best benefit from the technical aspect.

Another fundamental analysis is again a part of Technical Analysis and a factor for understanding the software of Ethereum application. The cryptocurrency Ethereum is very technical, and the development team has executed the unit’s function very smartly. Unfortunately, the price fluctuated when the coin was launched for the first time, and the future was uncertain. However, people gather information from different websites and places about Ethereum using fundamental analysis.

Controlling emotion is essential for people who use money without understanding the percentage of danger involved in cryptocurrency. Many might feel that the volatility is attractive, but at the end of the day, the opportunity is necessary to excite the trader. Understanding that greed and frustration are part of the emotion and should not come between your investment is very systematic. Other than that, everything in cryptocurrency is a part of the investment. The future depends primarily on the factors and intelligent decisions a person will take to balance the portfolio.

To conclude, whenever a person uses any strategy to upgrade themself for the digital market. They focus on many other things that are vital and imperial for the target market.

Top companies with the maximum Bitcoin holdings this year

  Investing in Bitcoin has become quite well-known in many parts of the world right now. Every investor dreams of investing at least a small portion of their savings in this popular cryptocurrency individually. However, you will come across many companies that have invested significantly in Bitcoin these days. Bitcoin is largely being welcomed by them globally. Here, we will take a look at the companies with the maximum Bitcoin holdings this year. For more detail about Bitcoin the create an account and open account.

Photo by David McBee on Pexels.com
  1. MicroStrategy:

According to many individuals, this particular company happens to be the leading public company that has invested in Bitcoin. This company was one of the first ones to enter the Bitcoin market and it has already made a significant profit from its investment in Bitcoin. Michael Saylor, the CEO, supports the usage of Bitcoin and other cryptocurrencies since he’s of the notion that Bitcoin is vital for diversification. 

MicroStrategy has the distinction of holding as many as 114,041 bitcoin which happens to be the biggest holding of any public company at present. They have also invested a total amount of $3.1 billion whose worth is now $5.4 billion. It represents approximately 0.54% of the entire supply of Bitcoin.

  • Coinbase:

Coinbase happens to be the first crypto company that has gone public and other crypto companies have also followed it when it comes to going public. The public listing of this company had been a significant highlight of the crypto market last year. Right now, this particular exchange holds approximately 4,500 Bitcoin only which is smaller compared to most of the other companies mentioned on this list. However, it is nonetheless quite significant. Although the price of this purchase is not certain, the present value happens to be $214 million.

  • Voyager Digital LTD:

Voyager Digital LTD, a well-known crypto brokerage, holds approximately 12,260 Bitcoin whose worth is approximately $267 million at present prices. This company intends to offer a one-stop outlet for trading Bitcoin and other cryptocurrencies. Quarterly revenue of approximately $60 million was reported in the month of May last year. 

This company turned out to be amongst the most notable casualties of the crypto crash that took place in the year 2022. Nevertheless, it revealed an exposure of approximately $660 million in Bitcoin because of the existing market conditions to Three Arrows Capital, a struggling crypto investment company. Subsequently, Voyager Digital ended up filing for bankruptcy.

  • Square:

We are all aware of this payments company known as Square that has made significant investments in Bitcoin. Having about 8,000 Bitcoin in its coffers, this company holds Bitcoin whose worth is approximately $382 million right now. Incidentally, it was purchased by Square at only $220 million.

According to some experts, this company is perhaps the largest supporter of Bitcoin since it wants to make this cryptocurrency an integral part of its business. The Cash app of Square happens to be a convenient way to purchase Bitcoin right now.

5. Tesla

Although the aforementioned Microstrategy is considered to be the premier public company investing in Bitcoin, Tesla is perhaps the most well-known. Tesla came into the limelight when it announced that it will purchase Bitcoin in the long run. This particular decision made by this company took the world by surprise and a lot of attention was given to cryptocurrency.

This company has Bitcoin holdings of approximately 44,000 which happen to be $1.5 billion in purchase costs. This has turned out to be the second most lucrative Bitcoin investment done by a public company. 10% of its cryptocurrency holdings were sold by Tesla in 2021.

Galaxy Digital Holdings

This one is a merchant bank that emphasizes the usage of cryptocurrency and happens to be the biggest institutional Bitcoin holder that is involved with the cryptocurrency industry directly. Right now, Galaxy Digital can boast of holding 16,400 Bitcoin which is worth more than $357 million at present prices.

Galaxy Digital has partnered with Block.one and other crypto firms and it was established by Michael Novogratz in the year 2018. It is not surprising that Novogratz happens to be a patron of Bitcoin as well.

Conclusion:

It appears that companies can make use of cryptocurrency for diversifying their portfolio. However, one cannot deny that the number of companies investing in Bitcoin and other digital currencies is quite impressive in the long run. It can be rightly expected that more companies will be investing in this cryptocurrency in the upcoming days. For this context, you can also buy the currency and trade Bitcoin in a convenient manner using BitQT, an app that has become quite famous across the globe at present.

MEDITECH STACKATHON 2024 in collaboration with CII at New Delhi

 Secretary, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers Dr Arunish Chawla, launched the MEDITECH STACKATHON 2024 in collaboration with CII in New Delhi today. The MEDITECH STACKATHON is a groundbreaking initiative designed to catalyze transformative change within India’s burgeoning MedTech sector by undertaking a comprehensive value chain analysis of select medical devices. Through close consultation with industry leaders, policymakers, and experts, the STACKATHON aims to address critical challenges, foster domestic manufacturing, and reduce import dependence, thereby positioning India as a global leader in medical technology. Joint Secretary, Department of Pharmaceuticals Shri RP Singh and Chairman, CII National Medical Technology Forum Shri Himanshu Baid and other senior officials of the Department and representatives of the Industry were present on the occasion.

Addressing the gathering, Dr Arunish Chawla said that India’s MedTech industry holds immense potential, with projections estimating a growth rate of 28% annually, reaching a size of USD 50 billion by 2030. He said that currently, India is the 4th largest market for medical devices in Asia and among the top 20 globally. Net imports for 2022-23 stands at USD 4101 Million with import coverage ratio of 0.45.

The Secretary said that the sector has witnessed a surge in imports, driven primarily by countries like the US, China, and Germany, however, India’s robust policy ecosystem presents opportunities for export boosts and reducing import dependence through domestic manufacturing.

Pharma Secretary Shri Arunish Chawla emphasized on the importance of policymakers, industry coming together to draw up a sturdy policy stack for growth of medical devices industry in the country.

He highlighted the critical need to focus on quality to ensure that India becomes globally competitive.

Exports have overtaken imports in consumables and disposables during last year, he said, and urged the industry to continue with the momentum in other pillars of medi-tech sector.

Collaboration among stakeholders is essential to address these challenges and enhance both the ease and cost of doing business in the sector. By fostering partnerships, boosting investment in research and innovation, and streamlining value chain processes, we can achieve our shared goal of accessible and affordable healthcare for all, he added.

Through the STACKATHON, participants will delve into the complexities of different product segments within the medical devices industry to gain insights into their unique challenges and opportunities, analyze and map value chains across various segments of the medical devices industry to identify key stakeholders, processes, and dependencies, identify critical issues hindering the development of the medical devices industry, such as import dependence, regulatory hurdles, and technological gaps, Dr Chawla said in his address.

The STACKATHON would deliberate in eight focused groups namely Cancer Therapy, Imaging, Critical Care, Assistive Medical Devices, Body Implants, Surgical instruments and Hospital Equipment, Consumables & Disposables, and IVD Instruments and reagents, each tasked with specific objectives including segment-wise identification of important medical devices, assessment of import-export dynamics, examination of duty structures, and their implications across the entire value chain.

Preceding this workshop, group leads and members have undertaken extensive virtual discussions and preparatory work. The challenges persist in the sector, including cost competitiveness, quality assurance, and regulatory hurdles.

Shri Himanshu Baid, Chairman, CII highlighted a shared vision of collaborative excellence, wherein stakeholders unite to drive tangible outcomes and propel the MedTech industry towards unparalleled growth. He said that with India’s MedTech exports surpassing 4 billion dollars, the industry stands poised on a trajectory of remarkable expansion. However, he highlighted the need for enhanced data collation mechanisms to address gaps in product consumption and production within India. He stated that India’s MedTech landscape is brimming with promise, poised to capture 10% of the global market share over the next decade. Endowed with a robust ecosystem comprising world-class hospitals, skilled manpower, and cutting-edge resources, India is primed to emerge as a frontrunner in the global MedTech arena. He further underscored the importance of fostering industry-friendly policies, streamlining regulatory frameworks, and extending support to Micro, Small, and Medium Enterprises (MSMEs) through targeted incentives and technology funds.

Against this backdrop of immense potential, the MEDITECH STACKATHON 2024 seeks to harness the collective expertise of stakeholders to propel the industry towards unprecedented heights of innovation and self-reliance.

BRO celebrates its 65th Raising Day

 The Border Roads Organisation (BRO) is celebrating its 65th Raising Day on May 07, 2024. To mark the day, an event was organised in New Delhi, which was presided over by Defence Secretary Shri Giridhar Aramane. In his address, the Defence Secretary lauded the BRO for fulfilling its responsibilities successfully in inhospitable terrain and tough weather conditions. He termed the BRO an extremely crucial organisation which, through its infrastructure projects in border areas, is playing a major role in the security of the country, besides ensuring the socio-economic progress of far-flung areas.

Shri Giridhar Aramane commended the BRO for completing the projects in a time-bound manner, exuding confidence that the Karmayogis will continue to ensure border infrastructure development in a record time. He urged the BRO to infuse latest technology and techniques for faster completion of projects, through which human efforts will be reduced & utilised more efficiently. Automation and mechanisation will be key for the BRO in the future, he said.

The Defence Secretary also recalled the valuable contribution of the BRO personnel in the relief and rescue efforts during the Silkyara Tunnel Collapse and the Sikkim Floods. He added that the Organisation will play an important role in the Vibrant Villages Programme which envisages comprehensive development of select border villages.

Speaking on the occasion, Director General, Border Roads Lt Gen Raghu Srinivasan extended greetings to all ranks of the BRO. He stated that the pan-India presence of the BRO reflects its commitment to national security, connectivity and development. He added that the tagline ‘In the Silence of Our Great Mountains – Work Speaks’ speaks volumes of the Organisation’s dedication, perseverance and impact on the lives of the people residing in the remotest corners of the country. He exhorted all ranks to renew the pledge to continue ‘Connecting Places Connecting People’ and leaving a lasting legacy of progress, prosperity and unity.

The event also witnessed the unveiling of a compendium on Sela Tunnel as well as some books including ‘Oonchin Sadaken’, ‘Path Pradarshak’ and ‘Path Vikas’ by the Defence Secretary. He gave away Excellence Awards to the BRO personnel for the year 2023-24 and felicitated the women achievers of the Organisation. The Casual Paid Labourers who worked in various projects such as Sela Tunnel, as well as during Sikkim floods were also felicitated.

Raised with just two projects in 1960 – Project Tusker (now Vartak) in the East and Project Beacon in the North, the BRO has today become a vibrant organisation with 18 projects operating in 11 States and three Union Territories. It has now established its credentials as the leading infra construction agency in the high-altitude and difficult snow-bound areas.

The BRO executes road construction and maintenance works at altitude ranging from 9,000 ft up to 19,000 ft along the Northern and Western frontiers, primarily to meet the strategic requirements of the Armed Forces. In over six decades, it has constructed over 62,214 kms of roads, 1,005 bridges, seven tunnels and 21 airfields in adverse climatic and geographical conditions along India’s borders as well as in friendly countries, including Bhutan, Myanmar, Afghanistan & Tajikistan, thus contributing towards the nation’s strategic objectives.

In 2023-24, the BRO completed a total of 125 infrastructure projects worth Rs 3,611 crore. This includes the construction of Sela Tunnel in Arunachal Pradesh on Balipara-Chardwar-Tawang Road. The tunnel was dedicated to the Nation by Prime Minister Shri Narendra Modi recently from Itanagar virtually. The BRO will soon commence the construction on 4.10-km long Shinkun La Tunnel. Once completed, this tunnel will become the world’s highest tunnel at 15,800 ft bypassing Mila Tunnel in China at 15,590 ft.

The BRO accomplished the completion of two significant airfield projects namely Bagdogra and Barrackpore, marking yet another milestone in its journey of excellence. The foundation stone for Mudh Airfield Project was laid by Raksha Mantri Shri Rajnath Singh recently. The BRO aims to complete the project within just two working seasons.

Over the few years, the BRO has witnessed an exponential surge in budget expenditure, marking a remarkable leap forward in capabilities and impact. This increased budgetary support has empowered the organisation to undertake crucial projects, accelerate critical infrastructure development, and enhance its operational readiness.

The BRO has been at the forefront of promoting gender equality and inclusivity, offering key roles and opportunities to women. Officers like Col Ponung Doming is leading critical projects in Eastern Ladakh. Assistant Executive Engineer (Civ) Smt Nikita Chaudhary has played a pivotal role in successful completion of Sela Tunnel Project.

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CISCE empowers students with convenient access: Declaration of 2024 real-time examination results and availability of marksheets and certificates through DigiLocker

 In a pioneering digital transformation initiative, the Council for the Indian School Certificate Examinations (CISCE) integrated with DigiLocker platform to declare the ICSE (Class X) and ISC (Class XII) examination results for 2024 digitally via DigiLocker platform. Additionally, CISCE made available certificates and marksheets in real-time through DigiLocker.  A total of 2,43,617 students appeared for ICSE while 99,901 took ISC exams this year.

Over 3.43 lakh students can now seamlessly access their academic awards such as marksheets and certificates issued by CISCE on the DigiLocker instantly after results were announced.

The overall pass percentage for ICSE 2024 was an impressive 99.47% with Girls outperforming Boys (99.65% for Girls vs 99.31% for Boys). In the ISC exams, 98.19% students cleared with a similar trend of girls faring better than boys (98.92% vs 97.53%).

DigiLocker, the flagship platform under Digital India initiative, has enabled this revolutionary step by providing a secure, trusted and eco-friendly solution for issuing and accessing academic credentials in digital format by boards, universities and other bodies.

Key Highlights:

  • 2,42,328 students passed ICSE: 98,088 cleared ISC across India and abroad.
  • Marksheets, certificates instantly available on DigiLocker in digital format.
  • Students can access their authentic digital documents anytime, anywhere.

Dr Joseph Emmanuel, Chief Executive & Secretary of CISCE, announced that examination results are now accessible in real-time via DigiLocker and the CISCE website. Additionally, he discussed the availability of academic awards on the DigiLocker platform.

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5th Joint Group of Customs (JGC) meeting between India and Bhutan

 The 5th Joint Group of Customs (JGC) meeting between India and Bhutan was held on 6th-7th May, 2024 in Leh, Ladakh. The meeting was co-chaired by Mr. Surjit Bhujabal, Special Secretary and Member (Customs), Central Board of Indirect Taxes and Customs, Government of India, and Mr. Sonam Jamtsho, Director General, Department of Revenue and Customs, Ministry of Finance, Royal Government of Bhutan.

The 5th JGC meeting discussed a host of bilateral issues such as opening of new Land Customs Stations and notifying new trade routes, development of infrastructure, automation and digitisation of transit processes, prevention of smuggling, coordinated cross-border management, pre-arrival exchange of Customs data, bilateral agreement on Customs cooperation and movement of transit cargo under electronic cargo system among others.

Bhutan thanked the Government of India and particularly the Central Board of Indirect Taxes and Customs for the continued support in providing capacity building, training and skill development through workshops, seminars and various training programmes, including the IRS programme to the Bhutan customs administration. Also, Bhutan expressed sincere appreciation to the Indian Government for initiating and promoting the cross-border trade and economic activities with Bhutan through the various bilateral agreements.

 

The India-Bhutan Joint Group of Customs meetings are held annually to discuss issues relating to re-defining and re-engineering of Customs procedures, promote Customs cooperation and cross-border trade facilitation with alignment to global best practices. These meetings play a vital role in enhancing connectivity and developing trade infrastructure for smooth customs clearance at land borders. There are 10 Land Customs Stations along the India-Bhuan Border in the States of West Bengal (6) and Assam (4).

India is Bhutan’s top trade partner both as an import source and as an export destination. Since 2014, India’s trade with Bhutan has more than tripled from $484 million in 2014-15 to $1,615 million in 2022-23, accounting for about 80% of Bhutan’s overall trade. Trade with Bhutan through the land Customs Stations is significant as Bhutan is a land-locked country.  Enhancing connectivity with Bhutan is pivotal to India’s ‘Neighbourhood First’ and the ‘Act East’ Policy.

The meeting concluded on an optimistic note. Both the countries agreed on discovering new strands of complementarities between India and Bhutan that can be maximised for mutual benefit, respond to the expectations and aspirations of the youth and adapt to the rapid changes related to new technologies and social innovations. Both sides also agreed to consider new developments for facilitating customs and trade cooperation for mutual prosperity. 

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7th CONVOCATION OF CENTRAL UNIVERSITY OF HIMACHAL PRADESH

 The President of India, Smt Droupadi Murmu graced and addressed the 7th convocation of Central University of Himachal Pradesh at Dharamshala today (May 6, 2024). 

Speaking on the occasion, the President said that change is the law of nature. But, the pace of change was not so rapid in the past. Today we are in the era of the 4th Industrial Revolution. New areas like Artificial Intelligence, Machine Learning are emerging rapidly. Both the speed and magnitude of change are very high, due to which technology and required skills are changing very quickly. At the beginning of the 21st century no one knew what kind of skills people would need in the next 20 or 25 years. Similarly, many current skills will no longer be useful in the future. Therefore, we have to continuously adopt new skills. Our focus should be on developing flexible minds so that the young generation can keep pace with the rapid changes taking place. We have to strengthen the curiosity and the desire to learn in the students to prepare them for facing the challenges of the 21st century.

Addressing the teachers, the President said that education should be such that along with educating the students, it makes them self-reliant and builds their character and personality. The aim of education is also to bring awareness among the students about their culture, tradition and civilization. She stressed that the role of teachers is very important in this regard. Their scope of work is not limited to teaching only, and they have the huge responsibility of building the future of the nation.

The President said that our focus should be on ‘what to learn’ as well as ‘how to learn’. She underlined that when students learn independently, without any stress, their creativity and imagination take flight. In that case they do not consider education as just a synonym for livelihood. Rather, they innovate, find solutions to problems, and learn with curiosity.

Addressing the students, the President said that every person has the potential for both good and evil. She advised them to keep in mind that no matter how difficult the situation they are in, they should never let evil dominate them. They should always take the side of good. She urged them to make human values ​​like compassion, conscientiousness and sensitivity their ideals. She said that based on these values, they can live a successful and meaningful life.

The President said that the youth have immense potential for growth. They are the most important link to fulfil the resolve of a developed India. Therefore, they should dedicate themselves to the nation. This is not only their human, social and moral duty but also their duty as citizens.

 

Please click here to see the President’s Speech – 

 

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Vice-President highlights India's historical eminence as the epicentre of knowledge and education

 The Vice-President, Shri Jagdeep Dhankhar today underscored India’s historical eminence as the epicentre of knowledge and education, and asserted that the country is firmly on its way to regain its past glory. Mentioning the illustrious legacy of institutions like Nalanda and Takshashila, Vice-President highlighted the paradigm shift & resurgence in India’s educational landscape in contemporary times.

Addressing the gathering at the 62nd Foundation Day Celebration of the School of Open Learning (SOL), University of Delhi, Vice-President applauded SOL for providing a transformative platform for diverse range of learners, from varied walks of life including working professionals, homemakers and students.

He further emphasized that SOL has opened doors for those previously handicapped by circumstances, enabling them to pursue education without disrupting their routine.  Shri Dhankhar commended SOL for offering a second chance to those who missed formal education earlier, empowering marginalized communities through knowledge and skills, thereby fostering an environment of true inclusivity. Shri Dhankhar further emphasized the pivotal role of faculty over infrastructure in shaping the essence and quality of educational institutions.

Highlighting Education as the most impactful transformational mechanism for change, Shri Dhankhar asserted that education is not merely a means to acquire knowledge; rather, it is the cornerstone of progress, empowerment, and social transformation. It is the key that unlocks the door to progress, prosperity, and empowerment. “Education is the greatest right and donation. There can be no fundamental right greater than education and no donation can be greater than education”, he added.

Drawing inspiration from the Chandrayaan journey where after initial setback it made a smooth landing on the south pole of the moon, Shri Dhankhar urged students to consider failure as a key to success. He underscored the need for a resilient mindset in navigating the complexities of the modern world.

Highlighting the pivotal role of The New Education Policy (NEP) in Indian Educational Landscape, Shri Dhankhar Stated that NEP heralds a transformative change, charting a roadmap for holistic learner development and creating a knowledgeable society equipped for the 21st century challenges. He underscored the emphasis of NEP on flexible learning pathways, technology integration, recognizing diverse needs and aspirations

He further expressed confidence that institutions like the School of Open Learning will play a pivotal role in expanding access to quality education and bridging long-standing gaps, as envisioned by NEP.

Prof. Yogesh Singh, Vice Chancellor, University of Delhi, Prof. Payal Mago, Director, Campus of Open learning, University of Delhi, faculty members, students and other dignitaries were present on the occasion.

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4th Session of India-Ghana Joint Trade Committee held in Accra

 A seven-member delegation from India led by Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Amardeep Singh Bhatia accompanied by High Commissioner of India to Republic of Ghana, Shri Manish Gupta and Economic Adviser, Department of Commerce, Ms. Priya P. Nair held a Joint Trade Committee (JTC) meeting with their Ghanaian counterparts in Accra from 2nd to 3rd May, 2024. The JTC was co-chaired by Deputy Minister for Trade and Industry, Republic of Ghana, Hon. Michael Okyere-Baafi; and Additional Secretary, Department of Commerce, Shri Amardeep Singh Bhatia.

 

 

In a comprehensive dialogue, both sides undertook a detailed review of recent developments in bilateral trade and investment ties and acknowledged the vast untapped potential for further expansion. Both sides agreed to work expeditiously towards the operationalization of Unified Payment Interface (UPI) of National Payments Corporation of (NPCI) on Ghana’s Ghana Interbank Payment and Settlement Systems (GHIPSS) within a period of 6 months. Both sides delved into discussions regarding the possibilities of a Memorandum of Understanding (MoU) on Digital transformation Solutions; Local Currency Settlement System and also deliberated on the opportunities offered by African Continental Free Trade Agreement (AfCFTA).

Both sides identified several areas of focus for enhancing both bilateral trade as well as mutually beneficial investments. These include cooperation in pharmaceuticals, healthcare, information and communication technology, agriculture and food processing, renewable energy, power sector, digital economy and digital infrastructure, critical minerals, textiles and garments, etc.

Official delegation from India consisted of officials from Geological Survey of India, EXIM Bank and the Indian Pharmacopoeia Commission. The officials of both India and Ghana actively engaged in the proceedings of the JTC.

 

 

A business delegation led by Confederation of Indian Industry (CII) also accompanied the official delegation with representatives from the varied sectors including power, fintech, Telecommunications, electrical machinery, pharmaceuticals sectors. The delegation including representatives of business also met Secretary General, AfCFTA and his team of officials wherein areas of cooperation including signing of an MoU, setting of standards, investments, participation in trade events in India, and increasing the depth of engagement between India and AfCFTA was discussed. Names of nodal officers to take the discussions forward were also exchanged.

Ghana is an important trading partner of India in Africa region. Bilateral trade between India and Ghana stood at USD 2.87 billion in 2022-23. India stands as a leading investor in Ghana and emerged as the third-largest investor. These investments traverse diverse sectors, encompassing pharmaceuticals, construction, manufacturing, trade services, agriculture, tourism, and more.

The deliberations of the 4th Session of India-Ghana JTC were cordial and forward-looking, indicative of the amicable and special relations between the two countries. There was enthusiastic response towards greater cooperation in addressing pending issues, boosting trade and investment and enhancing people to people contacts.

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Sanjaya Kumar Mishra as the first President of GST Appellate Tribunal in New Delhi

 Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman administered the oath of integrity and secrecy to Justice (Retd.) Sanjaya Kumar Mishra as the President of the GST Appellate Tribunal (GSTAT), in New Delhi, today. Justice (Retd.)  Mishra’s appointment marks the beginning of the operationalisation of the GSTAT, a crucial body for resolving GST-related disputes.

 

The GSTAT is the Appellate Authority established under the Central Goods and Services Tax Act, 2017, to hear various appeals under the said Act and the respective State/Union Territories GST Acts against the orders of the first appellate authority. It consists of a Principal Bench and various State Benches. As per the approval of the GST Council, the Government has notified the Principal Bench, to be located at New Delhi, and 31 State Benches at various locations across the country. Process for appointment of Judicial Members and Technical Members is already in progress.

The Tribunal will ensure swift, fair, judicious and effective resolution to GST disputes, besides significantly reducing the burden on higher courts. The establishment of the GSTAT would further enhance the effectiveness of the GST system in India and foster a more transparent and efficient tax environment in the country.

GSTAT’s first President, Justice (Retd.) Mishra was a former Chief Justice of the Jharkhand High Court and was selected by a Search-cum-Selection Committee headed by the Hon’ble Chief Justice of India.

 

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Department of Scientific and Industrial Research (DSIR) commemorates Swacchta Pakhwada

 Under the auspices of the Ministry of Science & Technology, Government of India, the Department of Scientific and Industrial Research (DSIR) commemorates Swacchta Pakhwada from May 1 to May 15, 2024, in an effort to raise awareness of cleanliness and hygiene. The first Swachhta drive was organized today at PM SHRI Kendriya Vidyalaya, Jawaharlal Nehru University (JNU), NCERT Campus, New Delhi.

Dr. N. Kalaiselvi, Secretary, DSIR and DG CSIR addressing the campaign

 

The Swachhta drive began with an address of Dr. N. Kalaiselvi, Secretary, DSIR and DG CSIR where she motivated the children to become the future leaders in different walks of life. She also emphasized the significance of cleanliness in fostering a healthy and vibrant society. Shri Surinder Pal Singh, Joint Secretary, DSIR also encouraged the children to maintain for personal hygiene and cleanliness of their surroundings. Thereafter the DSIR team conducted cleanliness drive and motivated the children for keeping their surroundings clean.

Swachhta Pledge taken by entire DSIR family focused on individual’s commitment towards cleanliness, devoting hundred hours per year for cleanliness and propagating the message of Swachh Bharat Mission. Pledge encourages every individual to promote 100 other persons to take this pledge and make them devote their 100 hours for cleanliness. The Swacchta Pakhwada initiative aims to instill a sense of responsibility towards cleanliness and hygiene among individuals, particularly the younger generation.

 

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National Archives of India Acquires the private paper collection of Late Shri Rafi Ahmad Kidwai

 National Archives of India (NAI) has acquired the private paper collection of Late Shri Rafi Ahmad Kidwai, comprising original correspondences of Shri Kidwai with other eminent leaders like Pt. Nehru, Sardar Patel, Shyama Prasad Mukherjee, P.D. Tandon etc. These papers were handed over to D.G. NAI by Shri Faiz Ahmad Kidwai (IAS), Additional Secretary, Ministry of Agriculture and Farmers Welfare, in the presence of Smt. Tazeen Kidwai, daughter of Late Shri Hussain Kamil Kidwai, youngest brother Shri Rafi Ahmad Kidwai and Ms. Sarah Manaal Kidwai.

National Archives of India is the custodian of the non-current records of the Government of India and holds them in trust for the use of administrators and researchers as per the provision of Public Record Act 1993. As a premier archival Institution, National Archives of India plays a key role in guiding and shaping archival consciousness. Apart from the vast collection of public records, NAI has a rich and ever-growing collection of private papers of eminent Indians from all walks of life, who have made significant contributions to our nation.

Shri Rafi Ahmad Kidwai was a man of vivacity, brilliance and charm who is known for his ceaseless efforts towards Independence of our country and for refuting communalism and superstitions of every type. Born on February 18, 1894, in Masauli, Uttar Pradesh, he hailed from a middle-class zamindar family. His political journey began in 1920 with his involvement in the Khilafat Movement and the Non-Cooperation Movement, leading to imprisonment. Kidwai served as the Private Secretary to Motilal Nehru and later held significant positions in the Congress Legislative Assembly and the United Provinces Congress Committee. His political acumen led him to become a Minister in Pandit Govind Ballabh Pant’s cabinet, where he managed Revenue and Jail portfolios. Post-independence, he served as India’s first Minister for Communications in Jawaharlal Nehru’s cabinet, launching initiatives like the “own your telephone” service and night air mail. In 1952, he took charge of the Food and Agriculture portfolio, successfully tackling food rationing challenges with his administrative skills.

Kidwai’s dedication to liberating India and strengthening the nation remained unwavering throughout his political career. His contributions were recognized with the creation of the Rafi Ahmed Kidwai Award by the Indian Council of Agricultural Research in 1956. Kidwai’s tenure as Communication Minister earned him a reputation for innovation and effectiveness, while his leadership in the Food Ministry was hailed as a triumph over adversity, earning him the moniker of a magician and a miracle man. Rafi Ahmed Kidwai indeed embodied action and dedication in his pursuit of Indian independence and later in his administrative roles. His ability to swiftly address crises and implement innovative solutions highlights his remarkable leadership qualities. His contributions to various sectors, from communications to agriculture, left a lasting impact on the nation’s development. His legacy as a committed freedom fighter and a skilled administrator continues to inspire generations.

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DoT in first-of-its-kind initiative brings together 15 startups, academia on "Telecom Design Collaboration Sprint"

 In a novel initiative, the Department of Telecommunications (DoT) brought together start-ups/MSMEs, academia and research institutions under the “Telecom Design Collaboration Sprint”. This Sprint was organised by DoT at IIIT, Bangalore. Fifteen leading startups/MSME in the Radio Access Network (RAN), Core ecosystems, esteemed institutions such as IIT Madras, C-DOT, IIT Delhi and other network entities participated.

This collaboration engaged in deep-Tech rapid ideation and innovative solution towards developing a comprehensive and future-ready telecom stack encompassing comprehensive 5G solution and setting the stage for future advancements to 6G. The Sprint was driven by three primary objectives:

 

  1. Leveraging Collective Strengths: The Sprint enabled startups to combine expertise in critical 5G infrastructure areas, fostering innovation and speeding up a common telecom stack development.
  2. Fostering Holistic Solutions: Through collaboration, startups aim to create comprehensive 5G solutions, addressing industry needs and preparing for future advancements.
  3. Creating Market Opportunities: By aligning efforts, it seeks to unlock market potential, empowering startups to compete and grow in the telecom landscape.

 

After in-depth and extensive discussions during the sprint event, outcome-based focused groups were formed to address gaps in the Indian telecom ecosystem and get ready for 6G and other upcoming technologies. These groups will concentrate on areas like core infrastructure, distribution units (DUs), radio units (RUs), central units (CUs) and others elements with an objective to bridge current gaps and provide solutions that are suited to meet future needs. Two working groups were also formed.

The participants expressed appreciation for this pioneering initiative, marking it as a first-of-its-kind endeavour in the industry. They also expressed interest in close collaboration and urged the DoT to continue with such initiatives.

The Sprint underscores DoT’s commitment to nurturing innovation and fostering industry collaboration to propel India’s telecommunications sector towards global leadership in the 5G era and beyond. Bringing together unique strengths and competence of start-ups and MSMEs, together with academia and industry, the DoT aims at creating a robust and forward-looking mobile telecom stack with an emphasis on advancing towards 6G technology.

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Early Childhood Care & Education (ECCE)

 Secretary, School Education & Literacy, Ministry of Education, Shri Sanjay Kumar, chaired a meeting for achieving the broader objectives of Early Childhood Care & Education (ECCE), at Ambedkar International Centre, New Delhi today. The representatives of the Ministry of Women & Child Development (MoWCD), States, and Autonomous bodies of the Department of School Education & Literacy (DoSE&L) attended the meeting. As envisioned under the National Curriculum Framework-Foundational Stage (NCF-FS) a continuum of pre-school education and School education is required for seamless transition and quality ECCE.

Speaking on this occasion Shri Sanjay Kumar set the context of the meeting and highlighted the importance of every stakeholder in quality ECCE. Shri Kumar reiterated that it was heartening to see various initiatives taken by MoWCD and various States/UTs.

The need to have three Balvatikas for 3 to 6-year-olds for pre-primary in all CBSE and Kendriya Vidyalayas having Class 1 was emphasised during the meeting. Co-locating Anganwadis with primary schools in villages was recommended in coordination with WCD, in a decentralised manner to get a proper preschool education and smooth transition to Grade 1.

It was also suggested to use Jaadui Pitara at the Government schools with pre-primary classes for a well-rounded learning experience. It was suggested that NCERT can work with state officials to assess existing learning toys, ensuring alignment with NCF-FS goals.

It was also suggested that MoE and WCD should collaborate to link Poshan Tracker and UDISE+ data to track pre-primary to Class-1 transitions. States can define parameters and use Requests for Proposals (RFPs) for Jaadui Pitara materials to ensure transparency and efficiency in procurement.

Discussions were also held on the standardization of branding for programs such as NIPUN Bharat, Jaadui Pitara, e Jaadui Pitara and Vidya Pravesh across states to enhance visibility and recognition.

It was suggested that the adopted and adapted version of Jaadui Pitara should correspond with the prescribed learning outcomes curated by NCERT for Jaadui Pitara. NCERT should support SCERTs in following the designated Learning Outcomes.

The need for proper training of preschool teachers and Anganwadi Worker (AWW) was also discussed at length during the meeting.

 

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IREDA Global Green Energy Finance IFSC Limited

 Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May, 2024. Earlier, on 8th February, 2024, the Reserve Bank of India gave its No Objection letter to set up the finance company in IFSC GIFT City.

Commenting on the development, Chairperson & Managing Director of IREDA Shri Pradip Kumar Das, said that IREDA’s presence in GIFT City signifies a momentous step in its mission to pioneer innovative approaches to green financing. “This subsidiary not only positions IREDA to extend its global reach but also acts as an offshore platform for securing competitive funding to drive the renewable energy sector’s growth, aligning with the Government of India’s ambitious ‘Panchamrit’ targets.”

The CMD added that IREDA’s entry into the IFSC is anticipated to unlock fresh business prospects and establish its global footprint in the renewable energy sector. “This strategic step is in line with IREDA’s vision of facilitating sustainable development through renewable energy investments, both domestically and internationally. With IREDA’s presence in the IFSC, we anticipate greater access to innovative financing alternatives and enhanced collaboration with international investors, encouraging the advancement of renewable energy projects in the country and abroad.”

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