India’s biggest cyclotron facility, Cyclone-30, becomes operational

  • Cyclone-30, the biggest cyclotron in India, has become operational in Variable Energy Cyclotron Centre (VECC), Kolkata.
  • Cyclotrons are used to produce radioisotopes for use in cancer care.
  • The facility will provide for affordable radio isotopes and related radiopharmaceuticals for the entire country.

Saudi Arabia to be third strategic partner in CPEC

  • Pakistan has invited Saudi Arabia to be the third partner in the $50 billion China-Pakistan Economic Corridor (CPEC).
  • The CPEC is the flagship project of the multi-billion dollar Belt and Road Initiative (BRI).

IRDAI raises minimum driver insurance cover to 15 lakh rupees

  • The IRDAI has raised the minimum insurance cover, or capital sum insured (CSI), for owner-drivers to Rs. 15 lakh.
  • The premium that has been set is Rs. 750 per annum.
  • The aim is to provide relief to road accident victims.
  • Currently, the CSI is Rs. 1 lakh for two-wheelers and Rs. 2 lakh for private cars and commercial vehicles.
  • There is also the option of a higher cover than Rs. 15 lakh, on payment of additional premium.

Yes Bank given Rs.38 crore GST fine

  • Yes Bank has reportedly been asked to pay Rs. 38 crore in fines to the GST department.
  • Allegedly, the reason is violations in domestic remittances.
  • The issue surrounds remittances or payments made by migrants from urban areas to their homes in rural areas.

Anushka Sharma receives Smita Patil award

  • Anushka Sharma has received the Smita Patil award for best actor.
  • The Bollywood actor received the award at the 34th edition of the Priyadarshini Academy Global Awards 2018.

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