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Bharat Petroleum set to get Maharatna status

State-run oil marketing company Bharat Petroleum Corporation (BPCL) is all set to become a Maharatna company. Presently it is having Navratna status. The decision to elevate BPCL to Maharatna status was taken by panel headed by Cabinet secretary and an announcement to this effect will be made soon. 

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India imposes countervailing duty on some Chinese steel products for 5 years

The Union Finance Ministry has imposed 18.95% countervailing duty (CVD) on certain Chinese flat steel products for period of five years to protect domestic players from cheap subsidised imports. 

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Indian Army to induct women in military police

The Indian Army has finalised plan to induct women in military police. The plan is seen as major step towards breaking gender barriers in force.

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GM crops only after biosafety, socio-economic evaluation

No genetically modified (GM) crop should be introduced in India unless the biosafety and socio-economic desirability is evaluated in a transparent process and an accountability regime is put in place, a parliamentary panel has said.

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Commerce Ministry sets up task force on artificial intelligence

Commerce and Industry Minister Nirmala Sitharaman has constituted a Task Force chaired by V. Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields.

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Microsoft launches Project Brainwave for real-time Artificial Intelligence.

Software giant Microsoft has launched Project Brainwave, a deep learning acceleration platform for real-time artificial intelligence (AI). Its launch is important as the real-time AI has increasingly became important as cloud infrastructures process live data streams, whether they be videos, sensor streams, search queries or interactions with users.

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Government to launch Aajeevika Grameen Express Yojana

The Union Ministry of Rural Development will launch Aajeevika Grameen Express Yojana (AGEY), a sub-scheme under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM). AGEY aims to provide an alternative source of livelihood to members of Self Help Groups (SHGs) by facilitating them to operate public transport services in backward rural areas.

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Lok Sabha passes The Right of Children to Free and Compulsory Education (Amendment) Bill, 2017

The Lok Sabha has passed The Right of Children to Free and Compulsory Education (Amendment) Bill, 2017. The Bill amends the Right of Children to Free and Compulsory Education Act (RTE), 2009 to extend the deadline for teachers to acquire the prescribed minimum qualifications for appointment. Through the amending measure inadequately qualified teachers as on March 31, 2015, working after enactment of the RTE Act, 2009 are being given last chance to acquire minimum qualifications within a period of four years i.e. by March 31, 2019 to hold their jobs as teachers.

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Government launches Pradhan Mantri Vaya Vandana Yojana for senior citizens

The Union Finance Ministry has launched Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme exclusively for senior citizens aged 60 years and above. Under this scheme, senior citizens will get a guaranteed interest of 8% for 10 years depending upon the investment made by them.
 

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India's first solar powered DEMU train launched

Indian Railways has launched India's first solar powered diesel multiple unit (DEMU) broad gauge train. It is 1600 Horse Power (HP) train with all solar powered coaches. The train will run from Sarai Rohilla in Delhi to Farukh Nagar in Haryana. It will replace an existing non-solar powered rake on the same route.

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