International News
US Air Force launched First Operational Hypersonic Missile
- AGM-183A was designed by Lockheed Martin and its speed is 1500 mph or 24,000 kph.
- This strategic weapon is first designed and developed by China and Russia.
Agreement signed on Black Sea Submarine Electric Cable
- The main aim of this agreement is to provide electricity supply from Georgia and Romania underwater from the Caspian Sea to the Black sea.
- The submarine cable is 150 Kilovolts (kV) and 1,100 km long and will supply power of 1 Gigawatt (GW) capacity.
National News
Vistara to Merge with Air India
- Singapore Airlines (SIA) and Tata Sons will aim to complete the merger of Vistara and Air India by 2024.
- As a part of the transaction, SIA will also invest a sum of USD 250 million in Air India.
India Signs an Agreement with South Korea
- The EDFC loan will be provided for the establishment of an Intelligent Transport System (ITS) on the Nagpur-Mumbai Super Communication Project.
- It will be the first project to be funded by an EDFC loan from the Government of South Korea.
Banking
SEBI Restructures Advisory Panels
- The Managing Director of GIC, Chew Hai Jong, and the Managing Director (Direct Custody and Clearing) of JP Morgan, Michael Drumgoole were inducted into the FPI Advisory Committee.
- The Chairperson of GRAAM, R Balasubramaniam, was chosen as the head of the 18-member Social Stock Exchange Committee that was earlier chaired by Ishaat Hussain.
Star Health Launches Policy for Outpatients
- It aims to bridge the gap between inpatient hospitalization expenses which are covered by outpatient charges and health insurance.
- It is a stand-alone policy that will give access to doctors, clinics, and diagnostic centers throughout the country.
This digest is not complete. Read the complete digest on the General Awareness Course.
