Govt appoints Krishnamurthy Subramanian as Chief Economic Adviser for 3 years

The government on December 7 appointed Krishnamurthy Subramanian as the Chief Economic Adviser (CEA) to the finance minister for a period of three years. The main role of a CEA is to advise the government on key economic issues. Besides, the adviser and its team comes out with an annual Economic Survey ahead of Union Budget. Subramanian, who is currently the associate professor of finance (with tenure) and executive director for the Centre for Analytical Finance at country's premier business-school Indian School of Business.

India’s heaviest communication satellite GSAT-11 launched successfully from French Guiana

Indian Space Research Organisation’s (ISRO) heaviest and most-advanced high throughput communication satellite GSAT-11 was successfully launched from the Spaceport in French Guiana. GSAT-11 will boost the broadband connectivity to rural and inaccessible Gram Panchayats in the country coming under the Bharat Net Project, which is part of Digital India Programme.

Weightlifter Jeremy Lalrinnunga claims India’s first Youth Olympics gold

Weightlifter Jeremy Lalrinnunga notched up India’s maiden gold medal at the Youth Olympics, claiming the top honours in the men’s 62 kg category here. Earlier this year, Lalrinnunga claimed a silver (youth) and a bronze (junior) in the Asian Championships, smashing two national records in the process. #Jeremy_Lalrinnunga

Gita Gopinath appointed IMF Chief Economist

Indian-origin economist Gita Gopinath was appointed the chief economist of the International Monetary Fund (IMF) on Monday, becoming only the second Indian after Raghuram Rajan to hold the prestigious post. Rajan held the post from 2003 to 2006 before he joined the finance ministry as chief economic adviser and later the governor of the Reserve Bank of India (RBI). Gopinath, 46, succeeds Maurice “Maury” Obstfeld. Gopinath currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.

Village Rockstars is India’s official entry for Oscars 2019

Rima Das's Assamese film 'Village Rockstars' has been selected as India's official entry in the Foreign Language Film category for Oscars 2019. 'Village Rockstars' had bagged the Best Feature Film trophy at the 65th National Film Awards, besides also winning Best Child Artist, Best Location Sound Recordist and Best Editing. The coming-of-age film is set for a country-wide release on September 28, 2018.

Kochi-based company develops India's first underwater robotic drone

India’s first underwater robotic drone developed at Maker Village here, which can send real-time video of ships and other underwater structures to help with their repair and maintenance, was launched on 14th September 2018. The first commercial remotedly operated vehicle (ROV)/ underwater drone, Eyerovtuna, was developed by EyeROV Technologies, a company incubating at Maker Village which is the largest hardware incubator in the country. NPOL, a laboratory of Delhi-headquartered defence research and development organisation (DRDO), made the first order of the product.

G. Satheesh Reddy appointed as new DRDO chairman

The Appointments Committee of the Cabinet has approved the appointment of Dr G Satheesh Reddy, Scientific Adviser to Raksha Mantri to the post of Secretary, Department of Defence Research & Development (DDR&D) and Chairman, Defence Research Development Organisation (DRDO) for a period of two years with effect from the date of assumption of charge or until further orders, whichever is earlier.