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Monthly Archives: May 2020

May, 2020 - - Part 4_4.1

IAF inducts Tejas Mk-1 FOC aircraft in Squadron “Flying Bullets”

Tejas Mk-1 FOC aircraft has been inducted by the Indian Air Force (IAF) into the recently resurrected No 18 Squadron the “Flying Bullets” at Air Force Station Sulur. Tejas Mk-1 FOC is a single engine, light weight, highly agile and all weather multi role fighter aircraft. The aircraft is capable of air-to-air refueling and hence …

May, 2020 - - Part 4_6.1

RIL rolls out WhatsApp chatbot to address rights issue queries

Reliance Industries Ltd (RIL) has launched a “WhatsApp chatbot” to address rights issue queries of its 2.6 million shareholders on the offering. With a task of executing massive Rs 53,125 crore rights issue amid a nationwide lockdown, RIL has turned to WhatsApp Chatbot which has been developed by Jio Haptik Technologies. Click Here To Get …

May, 2020 - - Part 4_7.1

Fitch forecasts India’s GDP growth rate to contract 5% in FY21

Amid Novel Coronavirus pandemic, rating agency Fitch Ratings has released its latest Global Economic Outlook (GEO). In its Global Economic Outlook, the rating agency has forecasted the GDP growth rate of the world and individual countries. Click Here To Get Test Series For SBI PO 2020 According to the Global Economic Outlook, the rating agency …

May, 2020 - - Part 4_9.1

Flipkart signs MoU with Karnataka Mango Board to support mango farmers

India’s leading web-based business commercial centre Flipkart has signed a Memorandum of Understanding (MoU) with Karnataka State Mango Department and Marketing Corporation, to empower mango farmers to sell their produce online. This association will give farmers the genuinely necessary market access to shoppers, making a potential income stream during these testing times of coronavirus. Click …

May, 2020 - - Part 4_10.1

NPCI rolls out AI virtual Artificial Intelligence assistant PAi

An Artificial Intelligence (AI) based chatbot “PAi” has been launched by the National Payment Corporation of India (NPCI). This chatbot has been rolled out to create awareness around NPCI’s products such as FASTag, RuPay, UPI, AePS on a real time basis, hence improving the digital financial inclusion in India. The chatbot “PAi” has been developed …

May, 2020 - - Part 4_11.1

IIT Madras creates light-weight alloy to replace steel, aluminium in cars

Indian Institute of Technology Madras (IITM), partnered with the University of North Texas and United States Army lab, have developed a magnesium alloy to replace the steel and aluminium in the automobile industry to reduce the carbon footprint and increase fuel efficiency. Click Here To Get Test Series For SBI PO 2020 There has been …