Daily News Update 13th August 2020

IRAN successfully test fires advanced Missile Defence System

  • Israel successfully tested the advanced missile defense system Arrow 2.
  • The missile was developed to defend against the short – and mid range rocket tgat fired from Lebanon and Gaza

India extends 1 million USD to Antigua and Barbuda to combat COVID 19

  • It aimed at improving Health infrastructure in the country

GOI allows sales of Electric Vehicles without batteries

  • Ministry of Road Transport and Highways announced that the Electric Vehicle shall be sold and registered without pre-fitted batteries
  • This will reduce the cost of Electric Vehicles by 50%

NITI Aayog : Oracle Cloud selected to transform Aspirational District

  • Aims to modernize vital IT infrastructure in 112 most backward district under Aspirational District Programme

ARUNODOI: Assam to launch mega scheme for Women Financial Empowerment

  • It will be the biggest scheme in Assam that will benefit more than 17 lakh families

CHINA extends anti-dumping Tariff on Indian Fibre Optic Product

  • The tariff is to take effect on august 14 2020 and is to last for five years
  • The tariff are to be ranged from between 7.4% and 30.6%
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Daily News Update 12th August 2020

India test-fires first Private Upper Stage Rocket Engine

• The Aerospace Startup Sky root Aerospace has test-fired an upper stage rocket engine and has become the first Indian private company to demonstrate the capability of a homegrown rocket engine.

• The 3D printed rocket engine was named after the Nobel Laureate Sir C V Raman. The rocket had fewer moving parts and weighed half of the conventional rocket engines. According to the masterminds that developed the rocket, it is capable of multiple restarts. Also, it is capable of inserting various satellites into multiple orbits in a single mission.

SC Judgement: Women have Equal Rights on Parental Property

• A three-judge bench headed by Justice Arun Mishra of Supreme Court ruled that daughters have equal rights as that of sons on parental property. They shall remain coparcener throughout their life.

• The judgement said that the daughters have equal rights in the parental property as that of the son. This includes in cases where the father died before the enactment of Hindu Succession (Amendment) Act, 2005. The Judgement also said that the according to Section 6 of the Hindu Succession Act, 1956, the status of coparcener on the daughter born before or after amendment in the same manner as that of the son.

• In 2015, the Supreme Court had pronounced that the rights under the amendment of Hindu Succession Act, 1956 is applicable only to living daughters. However, in the recent judgement, the apex court pronounced that “a daughter always remains a loving daughter”.

• Hindu Succession Act, 1956- The act codifies laws related to intestate or unwilled succession among Buddhists, Hindus, Jains and Sikhs. It provides a uniform and comprehensive system of inheritance and succession. It was amended in 2005. Under the amendment, Section 6 was inserted.

Russia: First to approve a COVID vaccine

• President Vladimir Putin announced that Russia had become the first country in the world to grant regulatory approval to a COVID vaccine after less than two months of human testing.

• The vaccine, developed by Moscow’s Gamaleya Institute, was safe and that it had even been administered to one of his daughters.

• It works effectively, forms strong immunity, and has passed all the needed checks.

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