Bengaluru is the second-slowest city to drive in, according to new research.
One can go 10 kilometres in the southern city in 29 minutes and 10 seconds, as per TomTom, a Dutch multinational developer of location technology.
The absolutely slowest city to drive in, in the word, is London, where people take 36 minutes and 20 seconds to go 10 kilometres – the longest time for a journey of that distance out of 389 cities in 56 countries surveyed in 2022.
In the third and fourth positions were Dublin, Ireland, at 28 minutes and 30 seconds, and Sapporo, Japan, at 27 minutes and 40 seconds.
A specialist in geolocation technologies, TomTom released the 12th edition of its annual traffic index.
India Ranks 47th in OECD's Services Trade Restrictiveness Index
Reflecting presence of huge market barriers in the country, India stood at 47th position in Services Trade Restrictiveness Index (STRI) conducted by the Organisation for Economic Cooperation and Development (OECD) for the year 2022.
The STRI indices take into consideration the government policies in several sectors that define the ease of trading in those sectors and industries. Based on these factors, STRI indices assign value to countries between zero and one. As per the index, zero shows least restriction and one shows no restriction. The database also records details based on a Most Favoured Nation basis.
Antarctica's Thwaites Glacier at Mercy of Sea Warmth Increase
As per a new survey, Antarctic glaciers may be more sensitive to changes in sea temperature than was thought.
The British Antarctic Survey and the US Antarctic programme put sensors and an underwater robot beneath the vast Thwaites Glacier to study melting.
The size of Britain, Thwaites is one of the world's fastest changing glaciers.
Its susceptibility to climate change is a major concern to scientists because if it melted completely, it would raise global sea levels by half a metre.
The new research suggested that even low amounts of melting can potentially push a glacier further along the path toward eventual disappearance.
The joint survey at Thwaites is part of one of the largest investigations ever undertaken anywhere on the White Continent.
EbixCash Becomes First Entity to Enable UPI for Foreign Nationals
EbixCash Limited, a subsidiary of US-based Ebix Inc, became the first company in India to launch and enable Unified Payments Interface (UPI) transactions for foreign nationals visiting India.
RBI proposed permitting inbound travellers access to UPI for merchant payments (P2M) while they are in the country. The facility will initially be extended to travellers from G-20 countries arriving at select international airports and later across all other entry points.
EbixCash World Money is the foreign exchange division of EbixCash and has a network of over 81 retail branches, 250 franchisee partners and duty-free shops, 27 bank clients, 1,200 corporate clients and 5-star hotels. It is a leading player in India's airport and seaport Money Exchange business with retail kiosks in 20 international airports, and 12 seaports. Ebix Inc is a leading international supplier of on-demand software and e-commerce services to the insurance, financial, healthcare and e-learning industries.
Neal Mohan Named CEO of YouTube
Neal Mohan, YouTube's Chief Product Officer and Senior Vice President, was named YouTube's CEO. He replaced Susan Wojcicki, who stepped down from the role after nine years.
Mohan joined an expanding club of prominent Indian-American executives who are running the show for some of the biggest tech giants in the world.
Neal Mohan, a Stanford graduate, joined Google in 2008. He has also worked with Microsoft and sits on the board of Stitch Fix, a personal styling company, and the genomics and biotechnology company 23andMe. He is also a member of the Council on Foreign Relations, an independent US think tank.
Surf Excel Becomes First Indian Home Care Brand to Top $1 bn Annual Sales
Hindustan Unilever's detergent brand, Surf Excel, became the first Indian home and personal care brand to cross one billion dollars in annual sales in 2022. With a total sales of Rs. 8,200 crore, it also became HUL's first brand to reach the milestone.
HUL's second largest brand is Brooke Bond with annual sales of Rs. 5,000 crore.
Prez Murmu Inaugurates International Engineering and Technology Fair 2023
President Droupadi Murmu inaugurated the International Engineering and Technology Fair (IETF) 2023 in New Delhi. The event was held from February 16-18 at Pragati Maidan.
Addressing the International Engineering and Technology Fair organised by the Confederation of Indian Industry (CII), she said that this event is not only a celebration of India's growth story in the engineering and manufacturing sectors but also a testimony to the nation's collaboration with the best in the world in advanced technologies.
Badminton Asia Mixed Championships: India Qualifies for Knockouts
Team India defeated UAE 5-0 as Lakshya Sen, Aakarshi Kashyap and India's three doubles teams proved too strong for the hosts in the second tie of Group B at the Badminton Asia Mixed Team Championships 2023 in Dubai.
The win ensured India a top-two finish in Group B and a place in the quarter-finals. To seal the top spot in the group and avoid Group A winners, India must defeat the mixed team champions of the Commonwealth Games Malaysia.
Former Andhra BJP Minister Kanna Lakshminarayana Quits Party
Senior Bharatiya Janata Party (BJP) leader and former Andhra Pradesh minister Kanna Lakshminarayana resigned from the primary membership of the party in protest against the alleged witch-hunt by state BJP president Somu Veerraju.
Lakshminarayana quit the party on personal grounds and compulsions.
The BJP leader said that he had all respect and admiration for Prime Minister Narendra Modi and the other top BJP leaders, but he was disgusted with the way Veerraju was running the Andhra unit of the BJP like his personal fiefdom.
PM Modi Addresses Global Business Summit
Prime Minister Narendra Modi addressed the global business summit 'Economic Times Global Business Summit 2023, hosted annually by The Times Group.
The theme of the summit was "Resilience. Influence. Dominance". It was a two-day summit.
It brought together thought leaders, policymakers, academicians and corporate heads on a common platform, seeking to provide solutions to key economic challenges.
PM Modi Virtually Inaugurates Jal Jan Abhiyan in Rajasthan
Prime Minister Narendra Modi stressed that the Jal-Jan Abhiyan was launched at a time when water scarcity is being seen as a future crisis all over the world. Prime Minister Narendra Modi virtually inaugurated the Jal Jan Abhiyan in Sirohi district of Rajasthan. He noted that the 21st-century world is realising the seriousness of limited water resources on earth and pointed out that water security is a huge question for India due to its large population.
The armies of India and Japan kickstarted a two-week mega military wargame from in the Japanese province of Shiga to share best practices and develop interoperability. As per the Indian Army, the exercise 'Dharma Guardian' is crucial and significant in terms of security challenges faced by both nations in the backdrop of the current global situation.
The fourth edition of the exercise will conclude on March 2 at Camp Imazu in Shiga province.
The scope of this exercise covers platoon level joint training on operations in jungle and semi-urban, urban terrain.
Troops of the Garhwal rifles regiment of the Indian Army and an infantry regiment from the Middle Army of the Japan Ground Self Defence Force (JGSDF) are participating in the exercise.
Karnataka Bank Wins Prathista Puraskar under Digidhan Award 2021-22
Karnataka Bank was awarded with 'Prathista Puraskar' under 'Digidhan Awards 2021-22' by the Union Ministry of Electronics and Information Technology for achieving target with highest percentage in BHIM-UPI transactions in private sector bank category.
Labelled as 'KBL-NxT', the bank is currently undertaking an accelerated digital drive under its transformation journey 'KBL VIKAAS 2.0'. This award is an ideal tribute to the founding fathers of this great institution as Karnataka Bank is stepping into its 100th year of its fruitful existence.
Abhay Jere took charge as the Vice Chairman of All India Council for Technical Education (AICTE) at AICTE HQ, Delhi.
Abhay Jere was the Chief Innovation Officer at the Government Ministry of Human Resources Development. Abhay Jere was appointed for a period of three years or till attaining the age of 65 years or until further orders, whichever is the earliest.
Abhay Jere is instrumental in creating a network of Innovation Councils. Through the Ministry of Education, Indian Innovation Councils (IICs) are now in place in 6500 educational institutions to facilitate the creation of local innovation ecosystems in these institutions while creating their own start-ups during research.
IIT Delhi Develops the Next-generation Covid-19 Vaccine
Researchers from IIT Delhi took a step forward toward the next-generation vaccine for Covid-19. They used the body's immune cells to develop a nano-vaccine.
This naturally derived nano-vaccine developed by researchers could have several advantages over currently approved vaccines. It will minimise the chance of blood clotting, which was otherwise observed in vaccinated individuals.
Generally, after vaccination, the antigens are processed by the antigen-presenting cells (APCs), which eventually activate other immune cells (B and T cells) to generate the antibodies and eliminate the virus. However, this vaccine is one step ahead as it uses the nanovesicles derived from activated APCs, which already contain processed antigens on their surface and are also equipped with other factors required for the direct activation of B and T cells.
Govt Launches Pan-India Best Tourism Village Competition, New Web Portal
The Centre launched a competition to select the best tourism village from across the country, and also a new website to promote rural tourism.
The launch took place in the presence of Union Culture and Tourism Minister G. Kishan Reddy and Minister of State for Culture and Defence Ajay Bhatt.
The 'Best Tourism Village Competition' helmed by the tourism ministry will be held in three stages, and will seek entries at district level, state level and finally at the national level.
The evaluation criteria have been aligned with the Sustainable Development Goals (SDGs).
On the occasion, a new web portal to promote rural tourism in India was also launched.
Reddy also launched the website of the first Global Tourism Investors Summit which will take place at Pragati Maidan later this year.