IIRF’s Top MBA Colleges in India 2024: IIM-Ahmedabad Ranked First in GovernmentColleges Category
According to the Indian Institutional RankingFramework(IIRF)’s Top Master of BusinessAdministration (MBA) Colleges in India – 2024,the Indian Institute of Management (IIM),Ahmedabad (Gujarat), has topped among the TopGovernment MBA colleges in India.
In the 2024 MBA Colleges ranking, Xavier LabourRelations Institute (XLRI), Jamshedpur(Jharkhand), has topped among the Top PrivateMBA colleges in India.
IIM Ahmedabad has emerged as the top-rankedcollege (Overall among Government & Private) inIndia, based on an overall index score of 937.24.
INCOIS Celebrates Silver Jubilee: Launched new satellite data facility & Unveiledspecial postal stamp
Indian National Centre for Ocean Information Services (INCOIS) launched a new Satellite DataAcquisition and Processing Facility and unveiled a special postal stamp “INCOIS My Stamp” as a partof its INCOIS Foundation day – Silver Jubilee (25 years)celebration held in Hyderabad, Telangana.
INCOIS, a unit of Earth System Science Organisation (ESSO),was established as an autonomous body in 1999 under theMinistry of Earth Sciences (MoES).
The celebration was held as a part of the Indian OceanRegional Decade Conference 2024 held from 1st to 3rdFebruary 2024 at INCOIS in Hyderabad, Telangana.
Satellite Data Facility:
- The new cutting-edge satellite data acquisition andprocessing facility (Oceansat3 and X/L band ground station) isdesigned to handle data from Oceansat3 and other advancedsatellites.
Oceansat3 is a satellite designed for ocean observation anddata acquisition. - This is in line with INCOIS’s effort to stay at the forefront oftechnology and enhancing its oceanographic data capabilities.
INCOIS My Stamp:
P.V.S. Reddy, Chief Post Master General for Telangana circle,presented the special stamp “INCOIS My Stamp” to Tummala Srinivasa Kumar, Director of INCOIS.The stamp symbolizes the INCOIS’s contributions to ocean science and service.
Note: During the event, INCOIS released the book titled “INCOIS 25-Year Journey” (Hindi and English)bilingual retrospectives of the institute’s 25-year journey.
About Indian National Centre for Ocean Information Services (INCOIS):
Director – Tummala Srinivasa Kumar
Headquarters – Hyderabad, Telangana
Established in 1999
Mukesh Ambani Tops Among Indians and Ranks 2nd Globally on the BrandGuardianship Index 2024
Mukesh Ambani, Chairman, and ManagingDirector (CMD) of Reliance Industries Limited(RIL), has been ranked 1st among all Indians and2nd globally in the Brand Guardianship Index(BGI) 2024 compiled by Brand Finance, theworld’s leading brand valuation firm. BrandFinance’s survey gave Mukesh Ambani a BGI scoreof 80.3.
Huateng Ma, Chairman, and Chief ExecutiveOfficer (CEO) of Chinese internet giant TencentHoldings recognised as the world’s leading CEOin the 2024 BGI, for his guardianship of theWeChat brand with a BGI score of 81.6.
NVIDIA CEO Jensen Huang ranked 3rd globallyfollowed by Apple Inc‘s Tim Cook (4th), and TATA Sons‘ Natarajan Chandrasekaran (5th).
About Brand Finance:
Chairman and CEO– David Haigh
Headquarters– London, United Kingdom
Founded in– 1996
Exim Bank Received Rs 9,013.72 Crore from MEA after Invoking GoI Guarantees
The Ministry of External Affairs (MEA) has provided Rs 9,013.72 crore to the Export-Import Bank of India(Exim Bank) after the bank invoked Government of India (GoI) guarantees on decade-old loans extended tosome African countries.
These loans were classified as “doubtful debts” inFinancial Year(FY) 2023-24.
Key Points:
- Exim Bank had to invoke guarantees due to nonperformingassets (NPAs) of the loans given to Africancountries.
- Once guarantees are invoked, the funds are paid out of theGuarantee Redemption Fund established in the PublicAccount of India since 1999-2000.
Additional Funds:
- MEA has also allocated Rs 4,383.40 crore for FY25 for potential future guarantees.
- An amount of Rs 4,655 crore was sanctioned as an advance from the Contingency Fund of India (CFI).
About Export-Import Bank of India (Exim Bank):
Managing Director(MD) – Harsha Bangari
Headquarters – Mumbai, Maharashtra
Established in – 1982
China Launched Jielong-3 with 9 Satellites and Long March-2C with 11 Geely-02Satellites
The China Aerospace Science and Technology Corporation’s(CASC) Jielong-3, or Smart Dragon-3 rocket, successfullylaunched nine satellites into the Sun-Synchronous Orbit (SSO),off the coast of Yangjiang in southern Guangdong province,China.
The launch was coordinated by the Taiyuan Satellite LaunchCenter, and it was the third successful mission for the SmartDragon-3 launch vehicle.
About China:
President– Xi Jinping
Premier– Li Qiang
Capital– Beijing
Currency– Chinese yuan renminbi
Indian Navy received the First 25T BP Tug ‘Yard 305 – Mahabali’
On 2nd February 2024, the first 25T Bollard Pull (BP) Tug, named ‘Yard 305 – Mahabali’ was deliveredto the Indian Navy (IN) at Naval Ship Repair Yard (NSRY) in Kochi, Kerala in the presence of RearAdmiral Subir Mukherjee, AdmiralSuperintendent of NSRY (Kochi).
Background:
- The contract for construction anddelivery of three 25T BP Tugs wasconcluded with M/s Shoft Shipyard PvtLtd (M/s SSPL), a Thane (Maharashtra)based Micro, Small & MediumEnterprises (MSME), in November2021.
- The three 25T BP Tug are: Yard 305 –Mahabali, Yard 306 – Baljeet and Yard307 – Bajran. These Tugs are built underthe classification rules of the IndianRegister of Shipping (IRS).
Benefits: These tugs will improve the operational commitments of the IN by facilitating assistance to Navalships and submarines during berthing and un-berthing, turning and manoeuvring in confined waters. Thiswill also provide afloat firefighting assistance to ships and will have the capability to conduct limited Searchand Rescue Operations.
Indian Navy Commissioned Survey Vessel INS Sandhayak (Yard 3025) inVisakhapatnam
On 3rd February 2024, the Indian Navy (IN)commissioned the Indian Naval Ship (INS)Sandhayak (Yard 3025), the first of fourSurvey Vessel Large (SVL) ships, at theNaval Dockyard, Visakhapatnam, AndhraPradesh, in the presence of Union MinisterRajnath Singh, Ministry of Defence (MoD),and Indian Navy Chief Admiral R. HariKumar.
The contract for building four SVL ships wassigned between the MoD and Garden ReachShipbuilders & Engineers Limited (GRSE).
The ship was launched in 2021.
It is equipped with state-of-the-arthydrographic equipment including Deep &Shallow Water Multibeam Echo-Sounders, Autonomous Underwater Vehicle, Remotely Operated Vehicle,Side scan sonars, Data Acquisition and Processing System, satellite-based positioning systems and terrestrialsurvey equipment.
SVL ships are 110 meters long, and 16 meters wide with a displacement of 3,400 tons.The other three SVL are Nirdeshak (Yard 3026), Ikshak (Yard 3027), and Sanshodhak (Yard 3028)
International Day of Human Fraternity 2024- February 4
United Nations (UN) International Day of Human Fraternity is annually observed across the globe on 4February to promote peace, tolerance, inclusion, understanding, andsolidarity between all people of diverse faiths.
International Day of Human Fraternity falls in the middle of WorldInterfaith Harmony Week (WIHW), an annual event observed during the1st week of February, since 2010.
4 February 2024 marks the observance of the 4th International Day ofHuman Fraternity.
Key Points:
- On 21 December 2020, the United Nations General Assembly (UNGA)adopted the resolution A/RES/75/200 and proclaimed the 4 February ofevery as the International Day of Human Fraternity.
- The 1st ever International Day of Human Fraternity was observed on 4February 2021.
About United Nations Alliance of Civilizations (UNAOC):
High Representative– H.E. Mr. Miguel Ángel Moratinos
Headquarters– New York, United States of America (USA)
Established in 2005
World Cancer Day 2024- February 4
World Cancer Day (WCD) is annually observed across the globe on 4 February to raise awareness offundamental cancer issues and to encourage its prevention, detection, and treatment.
WCD is an international campaign that aims to remember and honour those affected by cancer, and to takeaction to change the future of cancer.
The campaign theme of WCD 2022-2024 is,‘Close the Care Gap’. 2024 marks the 3rd andfinal year of the campaign.
The campaign theme of WCD 2024 is, “Closethe Care Gap: Together, we challenge those inpower.”
Cancer Ribbon: A lavender ribbon is usually asign of support for those living with all types ofcancer.
The official colours of World Cancer Day are blueand orange.
Key Points:
- On 4 February 2000, WCD was established by the Charter of Paris Against Cancer.
- The Charter comprising 10 articles was adopted at the World Summit Against Cancer for the NewMillennium in Paris, France.
- Under Article X, the Charter officially proclaimed World Cancer Day and was decided to observe on 4February of each year.
- The 1st WCD was observed on February 4, 2000.