Turkey Requests the US to Extradite Fethullah Gulen
Turkey officially requested the US government for the extradition of Fethullah Gulen, who was accused by Ankara of plotting a failed military coup.
Recep Tayyip Erdogan had discussed the extradition of Fetullah Gulen during a telephone call with US President Barack Obama.
Russia to Supply Nuclear Fuel to US
As per reports, Russia will supply fuel to the United States.
A part of Russian State Atomic Energy Corporation Rosatom, will soon start commercial supply of its TVS-K fuel to the United States, hoping to take over 10 per cent of nuclear fuel deliveries to American nuclear power plants.
Earlier this year, TVEL confirmed the signing of first of its kind agreement with the US Global Nuclear Fuel-Americas (GNF-A) on cooperation in licensing, marketing and fabrication of fuel for PWRs in the United States.
Government will infuse Rs. 22,915 crore in 13 public sector banks for the current fiscal ending March 2017.
The recapitalisation is aimed at shoring up the PSBs lending capacities that are restricted by poor asset quality and weak capitalisation.
According to the Reserve Bank of India’s latest financial stability report released in June,
Gross bad loans, as a proportion of the total advances by these banks, rose to 7.6 percent, a 12-year high in March 2016.
Ashoka Buildcon Bags Two Contracts from NHAI
Engineering firm Ashoka Buildcon has bagged two contracts valued at Rs. 2,086 crore from the National Highways Authority of India in Punjab and Jharkhand.
The company has emerged as the lowest bidder for the Rs. 1,600 crore 4/6 laning of Kharar to Ludhiana section of NH-95 project in Punjab.
The company currently has a portfolio of 25 BOT projects of which 20 are revenue generating as of date.
New Class of Organic Molecule to Store Electricity
Scientists have invented a new high-performing organic molecule, inspired by vitamin B2, that can safely store electricity. They had previously developed a high-capacity flow battery that stored energy in organic molecules called quinones and a food additive called ferrocyanide.
The team found inspiration in vitamin B2, which helps to store energy from food in the body. The key difference between B2 and quinones is that nitrogen atoms, instead of oxygen atoms, are involved in picking up and giving off electrons.
It has been a mixed bag for Indian education institutions in the 2016 edition of the QS World University Rankings for BRICS.
While India expanded its base in the rankings with 17.6 per cent of the 250 universities from the country, its highest ranked university, the Indian Institute of Sciences fell one place from last year's rankings. Apart from that, six of the top 10 Indian universities in the rankings also lost positions.