Union Cabinet Approves Abolition of FIPB
The Union Cabinet has approved the abolition of 25 year old FIPB. Henceforth, concerned ministries will be responsible for direct approval of foreign investment proposals.
Airlander 10, the world’s largest aircraft has successfully completed a test flight by flying for a total of 180 minutes in Cardington, UK. During the test flight, the aircraft’s’ handling and improved landing technology were tested thus bringing it a step closer to commercial use.
IIT Kharagpur’s Rekhi Centre of Excellence for the Science of Happiness and Madhya Pradesh government’s ‘Rajya Anandam Sansthan’ (Department of Happiness) has signed an MoU to collaborate on the development of a Happiness Index for measuring the well-being of the residents of the state.