Category Archives: Business & Economy

SCIENCE & TECHNOLOGY : Odia Scientist Dr Mamoni Dash Invents Polymer for Pest Control

Use of insecticides and pesticides will soon become a thing of past.

Scientist  of Institute of Life Sciences (ILS) Dr Mamoni Dash has developed the polymer, which can be used instead of pesticides. The polymer has been developed to target the specific genes of different types of crops that come under the pest attack. It will help overcome the ongoing conventional control strategy of insecticides and pesticides usage.

This new invention in the field of agriculture has made her one of the 75 achievers under 50 in the field of Science and Technology in India.

source: newindianexpress.com

SCIENCE & TECHNOLOGY : Indigenously Developed ‘Automatic Train Collusion Prevention System ‘Kavach’ for Domestic Implementation and Future Exports.

‘Kavach’ a technological development of the Indian Railways. It is a phenomenal improvement in safety and a significant contributor to accident prevention.

A major milestone in the Indian Railways in the avoidance of the head-on collusion by ‘Kavach’ without any manual intervention.

The technology is scheduled to be implemented in the entire rail network in the country and will also be exported to the world in the future.

WORLD & INDIA RECORDS: The Number of Ultra-High-Net-Worth Individuals (HNI’s) Increased by 11%. India 3rd in Billionaire Population Globally

HNI’s up by 11% in 2021

The number of ultra-high-net worth-individuals, having net assets of $30 million (about Rs 226 crore) or more, in India increased 11% last year, according to Knight Frank.

3rd in Billionaire Population Globally.

India also ranked third in billionaire population globally in 2021. US is number one with with 748 billionaires, followed by Chinese mainland at 554 billionaires and India with 145 billionaires.

source: timesofindia.indiatimes.com / newindianexpress.com

INDIA RECORDS : India records highest-ever annual FDI inflow at $81.97 bn in 2020-21

India, in the last seven financial years (2014-21), has received FDI inflow worth $440.27 billion which is nearly 58 percent of the total FDI reported in the last 21 years ($763.83 billion) the Parliament was told.

India registered its highest-ever annual FDI inflow of $81.97 billion (provisional figures) in 2020-21 despite the COVID-related disruptions, Minister of State for Commerce and Industry Anupriya Patel told the Rajya Sabha in a written reply.

source: www.freepressjournal.in

PATENT : First-of-its-kind Patent for Flywheel-based Tech granted to Chaganti Srinivas Bhasker and Chaganti Bala, couple fromTelangana

For the first time in the country, probably in the world, a patent has been issued to flywheel-based power generation, the first-of-its-kind fuel-less power generation technology.

The Kinetics Associated Mass Mechanical Applications (KAMMA) — heat, work and internal energy transfers from one object to another — are applied to KAMMA gear flywheel power generation method. The patent office said the date of filing of the patent (patent application number 201941039749 and patent number 382243) was October 1, 2019, and it was granted on November 22, 2021.

The patent was issued to Chaganti Srinivas Bhasker and Chaganti Bala, a couple who had worked on the subject for the past three decades. “It is hereby certified that a patent has been granted to the patentee for an invention entitled ‘Kamma Gear Flywheel Power Generation and Multiplication and Storage’ as disclosed in the above mentioned application for the term of 20 years from the 1 st day of October 2019 in accordance with the Patents Act 1970,” reads the certificate.

Mr. Bhaskar explained that in the pulse=based power generation, the method being followed is acceleration and deceleration. Once the motor is switched on for one minute and switched off, the thrust force developed by 670KW motor would rotate 18 flywheels (in series), total 400 tonne in weight, each flywheel six metres in diameter, at 1,000 rotations per minute (rpm).

source: The Hindu / www.thehindu.com

‘Medharam Jathara’ – Asia’s Largest Tribal Festival celebrated in Telangana. February 16th, 2022

The celebrations of the First Day of the auspicious and much-awaited biennial “Medaram Jathara” commenced on the 16th of February 2022 as the arrival of Saralamma on to the ‘Medaram Gaddhe’ (Platform) was undertaken by the Koya Tribe of Telangana.

Medaram Jatara is the second-largest fair of India, after the Kumbh Mela, celebrated by the second-largest Tribal Community of Telangana- the Koya tribe for four days.

As the largest tribal fair in Asia, Medaram Jathara is conducted in honour of the Goddesses Sammakka and Saralamma. It is celebrated once in two years in the month of ‘Magha’ (February) on the full moon day. Saralamma was the daughter of Sammakka. Her idol, according to the rituals, is installed in a temple at Kannepalli, a small village near Medaram.

Army begins RFID Tagging of Ammunition Inventory

The Army has commenced Radio Frequency Identification (RFID) tagging of its ammunition inventory, which it said would lead to increased efficiency in technical activities carried out in ammunition depots and reduce inventory carrying costs.

“The first consignment of RFID tagged ammunition, comprising three lots of 5.56mm ammunition, was despatched from Ammunition Factory Khadki to Central Ammunition Depot (CAD) Pulgaon,”