Home   »  

Daily Archives: June 23, 2023

June 23, 2023 -_3.1

Titanic sub destroyed in ‘catastrophic implosion’

Introduction A deep-sea submersible named Titan, operated by OceanGate Expeditions, met a devastating end during its mission to explore the century-old wreck of the Titanic. The United States Coast Guard announced that the submersible was discovered in pieces, resulting from a catastrophic implosion that claimed the lives of all five people on board. The multinational …

International Olympic Day 2023

International Olympic Day 2023: Date, Theme, Significance and History

  International Olympic Day 2023 World Olympic Day or International Olympic Day is observed globally on June 23 to honor the establishment of the International Olympic Committee (IOC) and encourage the principles upheld by the Olympic Movement. It is a day filled with sports events like races, displays, music, and informative workshops featuring athletes from …

June 23, 2023 -_6.1

India-United States Defence Acceleration Ecosystem (INDUS X) launched

Introduction The India-United States Defence Acceleration Ecosystem (INDUS X) was launched at an 2-day event in Washington DC which was co-organised by Innovations for Defence Excellence (iDEX), Ministry of Defence and US Department of Defence (DoD). The event aimed to foster collaboration between Indian and US start-ups in deeptech innovations especially in the domains of …

June 23, 2023 -_8.1

Railways signs pact with US agency to boost clean energy solutions

The Ministry of Railways in India has entered into an agreement with the US Agency for International Development (USAID) to accelerate the progress of eco-friendly energy solutions and encourage the use of electric vehicles. The memorandum of understanding (MoU) aims to foster cooperation in renewable energy and energy efficiency. The objective is to integrate clean …

June 23, 2023 -_9.1

NHAI launches ‘Knowledge Sharing Platform’ for development of Highways

NHAI launches ‘Knowledge Sharing Platform’ The Ministry of Road Transport and Highways has announced the launch of a knowledge-sharing platform by the National Highway Authority of India. This platform aims to promote the inclusive development of national highways. It will serve as a collaborative space for experts and citizens to share ideas and knowledge in …

Lloyds Banking Group Establishes Tech Centre in Hyderabad, India

Lloyds Banking Group Establishes Tech Centre in Hyderabad, India

Lloyds Banking Group, one of the leading financial services organizations in the UK, has announced its plans to establish a technology centre in Hyderabad, India. The centre aims to enhance the group’s digital capabilities and will be operational by the end of 2023. Lloyds Banking Group, which encompasses renowned brands such as Lloyds Bank, Halifax, …

June 23, 2023 -_11.1

GoI approved Micron’s $2.7 bn semiconductor packaging plant

GoI approved Micron’s $2.7 bn semiconductor packaging plant The Indian cabinet has given its approval to US chipmaker Micron Technology’s plan to invest $2.7 billion to set up a semiconductor testing and packaging unit in Gujarat. The cabinet approval comes ahead of Prime Minister Narendra Modi’s visit to the United States. The government will provide …

June 23, 2023 -_12.1

China inks deal with Pakistan to set up nuclear power plant

Introduction China and Pakistan have signed a significant agreement worth USD 4.8 billion to establish a 1,200-megawatt nuclear power plant. This deal reflects the deepening strategic cooperation between the two nations and comes as a welcome development for Pakistan. Pakistan is determined to enhance its energy sector and overcome its economic difficulties by assuring the …