The Daily Brief – 9th September 2017

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  • Bharat Petroleum Corporation Limited which currently has a Navaratna status is also to get a Maharatna company. BPCL will be eighth Central Public Sector Enterprises (CPSE) to get coveted Maharatna status. The status will enable BPCL Board to get enhanced powers which will help in expansion of its operations, both in India and abroad.
  • India  has imposed a countervailing duty (CVD) of 18.95%  on certain Chinese flat steel products for period of five years to protect domestic players from cheap subsidised imp. This first case of imposing CVD on a steel company in India was taken by the Finance Ministry.
  • Scientists from Cardiff University, UK have discovered a new way to produce methanol, often used to produce fuel in vehicles, from methane using oxygen from the air. The new technique is set to have huge impacts on cleaner and greener energy since it uses freely available air, inexpensive chemicals and an energy efficient methanol production process.
  • The Central Ground Water Board (CGWB) has inked Memorandum of Agreement (MoA) with Indian Institute of Science (IISc), Bengaluru for Development of ground water flow models and preparation of aquifer management plans for parts of Karnataka.
  • In a first of its kinds, Rules to tackle on board disruptive and unruly behaviour have been launched by the Civil Aviation Ministry. It allows for formation of national, No Fly List of such unruly passengers. In this regard, DGCA has revised relevant sections of Civil Aviation Requirement (CAR Section 3, Series M, Part Vl on Handling of Unruly Passengers). It has been done in accordance with provisions of Tokyo Convention 1963..

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