Prime Minister Narendra Modi told his Pakistani
counterpart, Imran Khan, that creating trust and an environment free of
violence and terrorism is essential for fostering peace and prosperity in
External Affairs Ministry said, it was Mr Khan who
called up Mr Modi to congratulate him on his re-election.Recalling his
initiatives in line with his government's neighbourhood first policy, Mr
Modi referred to his earlier suggestion to Mr Khan to fight poverty jointly.
Mr Modi also received telephone calls from the former
president of the Maldives Mohamed Nasheed and former prime minister of Nepal
Madhav Nepal on his poll victory. Former Maldivian president congratulated
Mr Modi on the historic mandate and noted that the relationship between the
Maldives and India had deepened in recent times.
Mr Nasheed stressed the importance of close
cooperation to fight the forces of extremism and radicalisation in the
On his part, Mr Modi thanked Mr Nasheed for his
felicitation and reiterated his commitment to continue fostering a strong,
mutually beneficial and all-round partnership between the two countries.
A working group of insurance regulator IRDAI, that
revisited the structure of products providing cover to homes, offices,
commercial establishments and MSMEs, has recommended many changes, from
simplification of the policy wordings and provision of adequate cover to
insuring homes in multi-storeyed apartments for total saleable price.
Seeking comments on the group’s report, the Insurance
Regulatory and Development Authority of India (IRDAI) said wordings and
terms and conditions of the basic policy for fire and allied perils for all
categories of risks are driven by the erstwhile All India Fire Tariff, 2001.
Insurers, however, have been permitted to sell add-ons
to the basic cover. IRDAI had set up the group in view of the huge gap
between economic losses and insured losses, post catastrophic events, for
homes, offices, commercial establishments and MSMEs. The group submitted its
second and last part of the report in November.
Towards this, it wanted the General Insurance Council
or the IIB (Insurance Information Bureau) to create a database of cost of
construction for each square feet of carpet area for different geographies
and construction types.
When the BJP Government assumed office in 2014, the
Indian solar industry was on tenterhooks. The Ministry of Commerce had
recommended anti-dumping duties ranging between ₹6 and ₹47 per watt of solar
modules imported from China, Malaysia, Taiwan and the U.S., and the
recommendation had to be only formally notified by the Ministry of Finance.
Solar power had barely begun to take roots in India,
and the country had a total installed solar power capacity of 2,632 MW. The
industry was taking baby steps with the aid of cheap, imported modules.
The anti-dumping duty was going to kill it. On the
other hand, a clutch of domestic players had set up module manufacturing
plants in India, eyeing business from a sunrise industry. Crushed by cheap
imports, they looked up to the government for protection.
The way the government handled a rather ticklish
problem engendered confidence, which strengthened soon when the government
set up an ambitious target of 175 GW for renewable energy — 100 GW for
solar, 60 GW for wind and the rest for biomass and small hydro — to be met
by 2022. Since the solar target was five times that set earlier by the
previous government, it caused ripples of excitement around the world.
In a first, scientists have discovered the remnants of
seawater dating back to the Ice Age, tucked inside rock formations in the
middle of the Indian Ocean. Researchers from the University of Chicago in
the U.S. made the discovery during a months-long scientific mission
exploring the limestone deposits that form the Maldives.
The ship, the JOIDES Resolution, is specifically built
for ocean science and is equipped with a drill that can extract cores of
rock over a mile long from up to three miles beneath the seafloor.
When they extracted the water, they noticed their
preliminary tests were coming back salty much saltier than normal seawater.
Further studies showed that the water was not from
today’s ocean, but from the last remnants of a previous era that had
migrated slowly through the rock.
Scientists are interested in reconstructing the last
Ice Age because the patterns that drove its circulation, climate and weather
were very different from today’s.
Understanding these patterns could shed light on how
the planet’s climate will react in the future.