 India will become the world’s third largest aviation market around 2024 surpassing the UK, according to global airlines’ body International Air Transport Association (IATA). It projected total air passenger numbers to touch 8.2 billion in 2037. Releasing the latest update to IATA’s 20-year Air Passenger Forecast, the grouping also cautioned that growth prospects for air transport and the economic benefits driven by aviation could be curtailed if protectionist measures are implemented by governments. According to the IATA, China would displace the United States as the world’s largest aviation market in the mid-2020s. |
| Source- Press Information Bureau (PIB) |
 The Supreme Court ruled that no Bharat Stage-IV vehicle shall be sold across the country with effect from April 1, 2020. The Bharat Stage VI (BS-VI) emission norm would come into force from April 1, 2020 across the country.The ruling was made by a three-judge bench headed by Justice Madan B Lokur. The bench clarified that only BS-VI compliant vehicle will be sold in India from April 1, 2020. |
| Source- The Hindu |
 Angriya, India’s first luxury cruise ship, has been inaugurated at Mumbai. Union minister for shipping Nitin Gadkari and Maharashtra chief minister Devendra Fadnavis flagged-off the cruise which will operate between Mumbai and Goa. Named after the first Maratha Navy Admiral Kanhoji Angre and the Angria bank coral reef near Vijaydurg, the luxury ship has 104 rooms, divided into eight different categories. It can accommodate 399 passengers and will have 67 crew members including hospitality and marine crew. |
| Source-The Hindustan Times |
 Prime Minister Narendra Modi dedicated the National Police Memorial (NPM) to the nation in New Delhi. It has been built in recognition of the supreme sacrifice made by police personnel since independence. Since Independence of the country, 34,844 police personnel have been martyred, with 424 losing their lives this year. The memorial has been erected on 6.12 acres of land in Chanakyapuri, at the northern end of Shanti Path. The central sculpture of the NPM is a 30 feet monolith made of a single piece of granite, weighing 238 tonnes. |
| Source-News on AIR |
 Union Minister for Minority Affairs Mukhtar Abbas Naqvi unfurled India’s highest tricolour on the terrace of the majestic Haj House in Mumbai. The national flag measured 20x30 feet and stood 350 feet above the ground level. The flag atop a 20-metre high mast on top of the iconic building is near the Chhatrapati Shivaji Maharaj Terminus (CSMT) in south Mumbai. The tricolour is made of non-fading polyester and manufactured by The Flag Company, which is famous for manufacturing big flags. |
| Source- Times Now |
 An ATM for deposit and withdrawal of money for cryptocurrencies has been installed in Bengaluru's Kemp Fort Mall by virtual currency exchange Unocoin. Users can deposit money to buy currencies like Bitcoin and Ethereum using an OTP received on their registered numbers. In order to withdraw money, a request has to be first made on the Unocoin website. |
| Source- The Indian Express |
 The government has announced 100 crore rupee award for states that would complete the household electrification early under the Saubhagaya scheme. Apart from discoms, employees would also collectively get 50 lakh rupees award for completing the task of electrifying households under the scheme which was launched by Prime Minister Narendra Modi in September 2017. The decision was taken at a review meeting of the scheme in New Delhi, chaired by Power Minister RK Singh and attended by state representatives. The states which have already achieved almost 99 percent of household electrification work would be kept out of the award scheme. These states are Gujarat, Punjab, Goa, Andhra Pradesh, Haryana, Kerala, Tamil Nadu, and Himachal Pradesh. |
| Source- News on AIR |
 Minister of State for Textiles, Ajay Tamta has stated that the Ministry will release 7.8 crore rupees for the construction of a textile tourism complex in Nongpoh, Ri-Bhoi district of Meghalaya. The Union Minister visited different weaving centers in Shillong. The NBCC has completed construction of an apparel center worth 14 crores rupees in the State. |
| Source- Financial Express |
 The country’s first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub, was launched in Bengaluru. The IIIC is a significant step towards facilitating penetration of Israeli companies in India and aims to forge local partnerships and joint ventures between companies from the two countries. It will provide an ecosystem to support entrepreneurship, partnership with vendors, mentoring and non-formal community development that will assist the growth of the companies in different verticals and covers business, technology, investors and customers. |
| Source- The Hindu Business Line |
 Leading stock exchange NSE has signed a pact with the Uttarakhand government to provide access to capital to MSMEs, which will fuel the growth of such entities in the state. The bourse will play an active role in nurturing the SMEs and start-ups by increasing awareness along with the government on the opportunities to raise capital, SME exchange guidelines, listing processes, compliances with listing agreement among others. |
| Source- The Economic Times |
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