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India and ADB Sign $175 Million Loan Agreement

The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power generated from new mega solar parks to the interstate grid, and improve reliability of the national grid system. The loan will be given to the Power Grid Corporation of India Limited (POWERGRID) and will include subprojects in various locations in India. As an innovative feature, the project is designed to adopt the country systems on both safeguards and procurement at the agency level. This will be the ADB’s first breakthrough of the country system’s application to a specific project.

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S.P. Bala Subramanyam and Hema Malini bag NTR awards

The Andhra Pradesh government has announced NTR National Film Award to renowned singer S.P. Bala Subramanyam for 2012 and to Hindi film actor Hema Malini for 2013. The NTR award carries a cash award of Rs. 5 lakh and a citation. The State government revived the presentation of four prestigious awards instituted in the name of eminent film personalities– NTR, B.N. Reddy, Nagireddy and Chakrapani (all national ) and Raghupathi Venkaiah Film Award after a gap of five years.

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PV Sindhu clinch India Open World Superseries title

PV Sindhu beats Spanish Olympic champion Carolina Marin in the final of the Yonex India Open World Superseries to clinch maiden title.

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Finance Bill gets presidential assent

President Pranab Mukherjee has given his assent to the Finance Bill 2017 to give effect to provisions like bar on cash transactions above Rs 2 lakh and compulsory quoting of Aadhaar for filing tax returns. With this, the provisions of the Finance Bill come into effect from 1st April 2017.

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Mathematician Yves Meyer has been awarded the Abel Prize for 2017

The Norwegian Academy of Science and Letters has awarded the Abel Prize for 2017 to mathematician Yves Meyer of the Ecole normale superieure Paris-Saclay, France, for his “pivotal role in the development of mathematical theory of wavelets.” The theory of wavelets that he started and made fundamental contributions to finds wide-ranging applications from image processing to fluid dynamics.

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David warner was honoured with the prestigious Allan Border Medal

Australia’s David warner was honoured with the prestigious Allan Border Medal for the player of the year in a ceremony on January 23, 2017. Winning this honour of the cricket Australia, Warner became just the fourth player to win back-to-back Allan Border Medal after Ricky ponting, shane Watson and Michael Clark. Warner gained 269 votes in a poll in which fellow players, the media persons and umpires cast their votes. Captain Steve Smith remained on the second place with 248 votes for the award. Warner also bagged the ODI player of the Year honour. Belinda Clark Award for top woman Cricketer went to Meg Lanning. Mitchell Starc was crowned the Test player of the Year honour while Shane Watson lifted the Twenty-20 medal for a record third time.

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Gujarat clinched its maiden Ranji Trophy title for 2016-17

Gujarat clinched its maiden Ranji Trophy title for 2016-17, beating Mumbai by 5 wickets in the final on January 14, 2016 at the Holkar Cricket Stadium, Indore. Mumbai set the target of 312 runs before Gujarat to win the title. Gujarat achieved the target at its five wickets cost with the help of fabulous 143-run knock from its skipper parthiv patel. Manprit juneja (54 runs) and P. Panchal (34runs) also played crucial knocks to help Gujarat win the coveted title in its second Ranji final appearance.

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Punjab Agricultural University has developed the country’s first genetically-modified varieties of cotton

Punjab Agricultural University in Ludhiana has announced that it has developed the country’s first genetically-modified varieties of cotton –  the seeds of which could be reused by farmers with no commercial restrictions, resulting in savings on repeat purchases every season.

The Indian Council of Agricultural Research (ICAR) has identified three Bt cotton varieties – PAU Bt 1, F1861 and RS2013 – for cultivation in Punjab, Haryana and Rajasthan.

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India reclaims Champions Trophy

India prevailed 3-2 over Pakistan to reclaim the Asian Champions Trophy hockey title. This was the first time the teams were meeting in the final of a continental tournament since India dethroned Pakistan as the Asian Games champion in Incheon, South Korea in 2014. India had won the inaugural edition of the Asian Champions Trophy, defeating Pakistan in 2011.

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Bob Dylan was awarded the Nobel Prize in Literature 2016

Singer and songwriter Bob Dylan was awarded the Nobel Prize in Literature for “having created new poetic expressions within the great American song tradition”, in the words of the Swedish Academy. He is the first American to win the prize since novelist Toni Morrison, in 1993.

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