India and US signed project agreement for air-launched unmanned aerial vehicle.

  • India's Defense Ministry has signed a project agreement with the US Department of Defense for cooperation in the development of Air-Launched Unmanned Aerial Vehicles (ALUAVs).
  • This project agreement for ALUAV is under the overall framework of Defense Technology and Trade Initiative (DTTI).
  • This also includes collaboration between Air Force Research Laboratory, Indian Air Force and DRDO in the process of co-development of ALUAV prototypes.

Finance Minister Smt. Nirmala Sitharaman chaired the 24th meeting of the Financial Stability and Development Council.

  • The meeting focused on various mandates of FSDC including financial stability, financial sector development, inter-regulatory coordination, financial literacy etc.
  • The platform was set up by the Govt of India to strengthen and institutionalize mechanisms
  • To maintain financial stability, enhance inter-regulatory coordination and promote the development of the financial sector.

The foundation stone of India's 1st electric vehicle charging station has been laid in Meghalaya.

  • State-run Power Grid Corporation of India Limited (PGCIL) has started work on setting up the 1st electric vehicle charging station in Meghalaya.
  • The company has laid the foundation stone for the 1st ever Electric Vehicle Charging Station (EVCS) at its office premises in Laplang, Shillong.
  • The EVCS is being developed under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) India Scheme Phase-II.
  • Under this scheme, POWERGRID will develop 11 EVCS in Shillong city (5 public EVCS and 6 in government establishments).

The 28th edition of the bilateral naval exercise SIMBEX between the Indian Navy and Singapore has concluded.

  • The 28th edition of the 3-day Singapore-India Maritime Bilateral Exercise (SIMBEX) concluded in the South China Sea.
  • SIMBEX is the longest uninterrupted bilateral maritime exercise of the Indian Navy with any foreign navy.
  • INS Rannvijay, INS Kilton and INS Kora participated in the exercise of the Indian Navy.

POWERGRID won the prestigious Global Association for Talent Development 2021 Best Award.

  • POWERGRID ranks 8th among 71 organizations across the world, becoming the only PSU to win the award and one of only two companies in India to feature in the top 20.
  • ATD's Best Award is the industry's most rigorous and coveted recognition of talent development.
  • POWERGRID has been awarded this international recognition for its diligent efforts in talent development practices and programmes.

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