Japan announces Rs 22 lakh for Kolkata museum
The Japanese government announced a donation of some Rs 22 lakh ($31,800) to the Rabindra Bharati Museum in Kolkata in a bid to strengthen historical and cultural ties with India. To refurbish the Japan Gallery of the museum, a MoU will be signed between the Consul General of Japan in Kolkata, Masayuki Taga, and the Vice Chancellor of Rabindra Bharati University, Sabyasachi Basu Ray Chaudhury.
India’s data usage to grow at 73% CAGR by 2022: Assocham-PwC Study
India’s data consumption is expected to grow at a compounded annual growth rate (CAGR) of about 72.6 per cent to 10,96,58,793 million MB by 2022, according to a study. “With lower-than-ever data tariffs and increasing number of smartphone penetration in the country, which is around 40 per cent as of 2017, it is safe to assume that the Video on Demand (VoD) market will be a significant beneficiary of these developments. Internet consumption is clearly on the rise in India,” according to the Assocham-PwC study.
116-year-old Japanese woman officially named oldest person
A 116-year-old Japanese woman has been honoured as the world’s oldest living person by Guinness World Records. The global authority on records officially recognised Kane Tanaka in a ceremony at the nursing home where she lives in Fukuoka, in southwest Japan. She was born in January 1903.
India launched its 3rd IT corridor in China
SCIENCE AND TECHNOLOGY
NASA LRO spotted water molecules moving around the dayside of a moon
NPPA reduced MRP of 390 non-scheduled cancer medicines up to 87 percent
The National Pharmaceutical Pricing Authority (NPPA) has reduced the MRP of 390 non-scheduled cancer medicines have been reduced by up to 87%. NPPA has asked the manufacturers and hospitals to revise the prices based on the trade margin formula. According to the price regulator, five brands will see a price reduction of about 70%, while 12 others will see a 50-70% price cut. MRPs of 45 cancer medicines will reduce by 25%. This price reduction is expected to result in annual savings of around Rs.800 crore for patients. The price reduction is expected to benefit about 22 lakh cancer patients in India.
Ashu Khullar appointed as Citibank India CEO
Citigroup has named Ashu Khullar as the new India head after its current chief executive officer Pramit Jhaveri steps down. Khullar is currently the head of capital markets origination for the Asia-pacific region. Having joined Citi in 1988, he has worked across both developed and emerging markets in Europe, Middle East Africa and India.
Mohammad Shtayyeh named as Palestinian PM
Mohammad Shtayyeh has been named as Palestinian Prime Minister by President of Palestinian Authority Mahmoud Abbas. A member of the West Bank’s dominant Fatah party is a long time ally of Abbas.
Bisht won gold at the 38th GeeBee Boxing Tournament, Finland
Kavinder Singh Bisht in the 56kg-category struck gold at the 38th GeeBee Boxing Tournament in Helsinki, Finland. Bisht defeated Commonwealth Games bronze-medallist Hussamuddin in the 56kg summit clash. Three-time Asian medallist Shiva Thapa, Govind Sahani, Commonwealth Games bronze-medallist Mohammed Hussamuddin and Dinesh Dagar won silver medals at the Finland Boxing tournament.