GK-3

Eko Vehicles, a company based in Bangalore has launched the world's first hybrid bikes and scooters
Government will give 50 paise as incentive for a unit of electricity generated by wind power producers for 4-10 years under GBI scheme. Incentive will be provided to wind power producers at 50 paise per unit of electricity fed into the grid for a period not less than four years and the maximum of 10 years.
December 29, 2009: India Sri Lanka Power Link
A high-capacity power transmission link between India and Sri Lanka will be completed by 2013. The 285-kilometre power link, including submarine cables over a stretch of 50 km, will enable the two countries to trade their surplus power, thereby offering a cheaper option to bridge their power generation deficit and also manage their peak demand. India's side is Powergrid Corporation of India Ltd, & stakeholder in Sri Lanka side is Ceylon Electricity Board.
World Bank has approved loans worth $405 million to promote environment-friendly urban transport projects in Andhra Pradesh.
Index of Industrial Production growth 10.3% in October.
industrial output grew by 10.3 per cent in October. This was mainly powered by manufacturing, particularly consumer durables, which was driven by the stimulus packages
December 14, 2009: India's share in global FDI is 2.45% now
36 sick cenral public sector enterprises to be revived
Based on the recommendation of Board for Reconstruction of Public Sector Enterprises, Government of India has approved revival of 36 sick central public sector enterprises (CPSEs) that will require Rs 2,921 crore of cash infusion, besides Rs 12,333 crore of other assistance
MNRE Minister Farooq Abdullah inaugurated the country's first mega-watt level solar photovoltaic plant at Jamuria, near Asansol in West Bengal.Accepting that there is no clear blueprint for his ministry's plans for bringing solar power into the mainstay of India's energy mix, he said that about 1,300 MW of solar power would be added over the next three years.
Bangalore and San Francisco have signed 7 Memoranda of Understanding (MoUs) strengthening the "sister cities" arrangement.
World's Most powerful Cities survey by "citimayors.com" : Mumbai ranks 34
Climate Change Risk Report 2009/10: Australia Biggest CO2 emitter (per capita)
China is the world's worst polluter nation with the highest overall annual emission of greenhouse gases (6,018 million tonne). However, in terms of per capita emissions it is ranked 44th in the world, emitting 4.5 tonne (per person).
Trade Marks (Amendment) Bill
Government of India has introduced Trade Marks (Amendment) Bill. The objective of this bill is to simplify the trade marks registration procedure. Before we understand this we have to know what is Madrid Protocol.
India's indirect tax collections (of 7 months) have shrunk by over 21 per cent from the last Fiscal year. The first 7 months of last year the tax collected was 1.61 lakh crore and this year it is 1.26 Lakh Crore. None of the three components of Indirect tax excise, customs and service tax could post positive results. Maximum drop was in customs 31.8 %.
World Travel Award to Incredible India campaign
The Incredible India campaign has won the World Travel Award 2009 for being the best campaign of the year
Mittal, ONGC will wind up 4 year Joint Venture
ONGC and Mittal had in July 2005 joined hands to form two joint ventures. These JVs were ONGC Mittal Energy Ltd (OMEL) for exploration blocks and ONGC Mittal Energy Services Ltd (OMESL) for trading and shipping of hydrocarbons. The JOV has failed now. In both OMEL and OMESL, ONGC held 49.98 per cent stake while the Mittal-owned Mittal Investment Sarl had 48.02 per cent. ONGC and Mittal have decided to wind up the firm now as per the report published in newspapers.