TELANGANA
Wings India 2020 to be held in Begumpet Airport
Wings India 2020 has been scheduled to be held at Begumpet Airport in Hyderabad from 12-15 March 2020. The event is expected to boost aviation.
The event is organized by Ministry of Civil Aviation (MOCA) and Federation of Indian Chambers of Commerce & Industry (FICCI) to provide a congenial forum to the rapidly changing dynamics of the sector.
Wings India 2020 is an international exhibition and conference on the civil aviation sector
The event focus on new business acquisition, investments, policy formation, and regional connectivity.
The event aims that the restructured focused forums will be instrumental in attaining the objective of connecting the investors, buyers, sellers and other stakeholders at a common forum.
The Centre is currently planning a privatization programme for the flight carriers. It believes that privatization will strengthen the civil aviation sector in the country.
INTERNATIONAL
Russia ‘only country in world’ with hypersonic weapons
Russia is the only country in the world that has hypersonic weapons- weapons that travel faster than Mach5 (~6174kmph) and have the capability to manoeuvre during the entire flight.
The first unit equipped with the Avangard hypersonic glide vehicle is set to go on duty by Dec 2019, while the air-launched Kinzhal hypersonic missiles already have entered service.
Putin has said that the missile flies 10 times faster than the speed of sound, has a range of more than 2,000 kilometers (1,250 miles) and can carry a nuclear or a conventional warhead.
Gk bit: Mach Number
Mach Number is the ratio of the speed of the body to the speed of sound in the undisturbed medium through which the body is traveling.
- Subsonic (M < 1)
- Transonic (M = 1)
- Supersonic (1 < M < 3)
- High Supersonic (3 < M < 5)
- Hypersonic (M > 5)
- High Hypersonic (M ~ 25)
India ranks 47th globally in home price appreciation: Knight Frank
The Knight Frank Global House Price Index Q3 2019 released on ranked India at 47th spot among 56 countries tracked in terms of appreciation in residential real estate prices with a marginal 0.6 per cent year-on-year rise in home prices.
India stood at 11th position in the previous edition of the report with a 7.7 per cent year-on-year rise in home prices.
Slow sales, high inventory and lack of liquidity with developers have restricted rise in home prices.
The Global House Price Index tracks the movement in mainstream residential prices across 56 countries and territories worldwide using official statistics.
Hungary leads the index this quarter with 15.4 per cent annual price growth, followed by Luxembourg at 11.4 per cent and Croatia at 10.4 per cent.
NATIONAL
India set to cross 100GW renewable energy capacity mark in 2020
India set to cross the 100-GW renewable energy capacity mark in 2020 and will gain 175 GW clean energy target by 2022 provided the government.
The government needs to promote storage to ensure a 24×7 clean energy supply as coal-fired thermal power still remains the base load in the country. The issues hampering the growth of renewables in India are lack of interest or the financial institution to fund renewable energy projects, safeguard duty on imported solar panels, ambiguity over goods and services tax (GST) on solar equipment and low investor sentiment due to delayed or non-payment by discoms to clean energy developers.
India installed renewable energy generation capacity touched around 86 GW by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others. Around 30 GW renewable capacity, including 18 GW solar and 10 GW wind energy, is under implementation. Around 40 GW including 36 GW solar and 3.4 Gw wind energy being tendered. Together with other schemes being implemented by the government.
MEA includes Madagascar, Comoros in Indian Ocean Division
Ministry of External Affairs has included Madagascar and Comoros in the Indian Ocean Region Division, which looks after India’s maritime neighbours such as Sri Lanka, Maldives, Mauritius and the Seychelles.
Earlier these two island nations were looked after by East and South Africa Division of the MEA.
The recent step reflects the growing strategic importance of the Indian Ocean islands within the framework of Indo-Pacific.
Seychelles, Mauritius, Madagascar, Comoros along with Reunion (French territory) are known as Vanilla Islands and are members of the Indian Ocean Commission.