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  The International Bank for Reconstruction and Development (IBRD), representing the World Bank, has successfully priced a 5-year benchmark bond denominated in Great British Pound sterling (GBP) set to mature in October 2028. The issuance of this Sustainable Development Bond aims to secure GBP 1.5 billion from investors, contributing to funding the World Bank's sustainable development initiatives across its member countries. The bond, featuring an annual coupon of 3.875 percent and an annual yield of 3.889 percent, was priced at +31 basis points over the 1.625 percent UK Gilt due October 2028. Citigroup, NatWest Markets, Santander, and TD Securities serve…

In a major achievement for space exploration, the Indian Space Research Organisation (ISRO) has conducted a successful test of a 100 W class Polymer Electrolyte Membrane Fuel Cell based Power System (FCPS) on its orbital platform, PSLV Orbital Experimental Module-3 (POEM3). Launched aboard the Polar Satellite Launch Vehicle (PSLV-C58) on January 1, this experiment represents a significant step in evaluating the functionality of Polymer Electrolyte Membrane Fuel cells within the space environment. ISRO shared the news on the social media platform X, stating, `POEM-3 on PSLV-C58: VSSC/ISRO successfully tests a 100 W class Polymer Electrolyte Membrane Fuel Cell on PSLV-C58's…

Late yesterday evening, a cargo vessel named 'MV LILA NORFOLK' was seized near the coast of Somalia, prompting the Indian Navy to respond swiftly by dispatching a warship to monitor the situation, as per military sources on Friday. The hijacked ship is reported to have 15 Indian nationals on board, and communication has been established with the crew, military officials confirmed. The news of the ship's hijacking off the Somali coast was received on Thursday evening, according to military sources. Indian Navy aircraft are currently maintaining surveillance over the seized vessel. Furthermore, the Indian Navy has deployed the warship INS…

Dr. Harshdeep Kaur, affiliated with the Department of Chemistry at Punjab Agricultural University (PAU), has been honored with the `Young Women Scientist Award` in recognition of her outstanding research contributions to agrochemicals. The accolade, presented at the International Conference on `One Health-One World` held on December 28-29, 2023, was organized by Rajmata Vijayaraje Scindia Krishi Vishwavidyalaya (RVSKVV) in Gwalior, Madhya Pradesh, in collaboration with ICAR-IISS Bhopal, AIIMS Bhopal, and Agri Meet Foundation. Dr. Harshdeep Kaur received a memento and an Appreciation Certificate during the event. The prestigious award was conferred by Dr. AK Singh, former Vice-Chancellor, and Dr. AK Shukla,…

  A Hindu temple in Hayward, California, known as Sherawali Temple, has been vandalized with pro-Khalistan graffiti, marking another incident following the defacement of the Swaminarayan temple in Newark, California, a few weeks earlier. The Hindu American Foundation reported the defacement at Sherawali Temple, sharing an image of the incident on X. The foundation expressed concern about the rising threat from Khalistan supporters and urged temple leaders to install functional security cameras and alarm systems. In a post on X, the Hindu American Foundation stated, `#Breaking: Another Bay Area Hindu temple attacked with pro-#Khalistan graffiti. The Vijay's Sherawali Temple in…

China's state-controlled Global Times has praised India's economic policies and diplomatic accomplishments under Prime Minister Modi's leadership in an article titled `Bharat Narrative.` The piece, penned by Zhang Jiadong, the Director of the Centre for South Asian Studies at Fudan University in Shanghai, highlights India's notable achievements over the past four years. The article acknowledges India's strong economic growth, improvements in urban governance, and a shift in its approach to international relations, particularly with China. Zhang Jiadong notes that India's representatives now place greater emphasis on India's export potential when discussing the trade imbalance with China, a departure from previous…

In a heightened effort to gear up for the upcoming Lok Sabha elections, top leaders of the Congress, including party president Mallikarjun Kharge and Rahul Gandhi, held meetings on Thursday with members of the party's Alliance Committee and Manifesto Committee in the national capital. The party convened two meetings, initially holding discussions with the Congress Alliance Committee at party chief Kharge's residence and later engaging with the Congress Manifesto Committee at the AICC headquarters, led by party Rajya Sabha MP P Chidambaram. Providing insights into the Alliance Committee meeting, committee convener Mukul Wasnik mentioned that the discussions focused on the…

In the early hours of Friday, an encounter unfolded between security forces and terrorists in the Chotigam area of Shopian district in Jammu and Kashmir, as per officials. The ongoing operation involves the presence of Police, Army, and Central Reserve Police Force (CRPF) personnel at the site, according to reports. `Encounter has commenced in the Chotigam area of #Shopian district. Shopian Police, Army & CRPF are actively involved. More information to follow. @JmuKmrPolice,` stated a post by Kashmir Zone Police on X. Further updates are anticipated. An encounter broke out between security forces and terrorists in Jammu and Kashmir's Shopian…

Houthi rebels, backed by Iran, conducted a drone attack in the Red Sea against commercial shipping lanes following warnings from the US and its allies about potential consequences. The attack involved an Unmanned Surface Vessel (USV) traveling from Yemen into international shipping lanes with the apparent intent to cause harm. Vice Admiral Brad Cooper, commander of US Naval Forces Central Command, stated that this marked the first use of such a weapon by the Houthis since their attacks on merchant vessels began after the Gaza war. The US Navy commander in the region expressed concern, emphasizing that there were no…

CHANDIGARH - In good news for the horse owners and breeders, Chief Minister S. Bhagwant Singh Mann led the Punjab Government on Thursday and gave the go-ahead to organise the annual Equine activities to be held from 9th to 16th January at Sri Muktsar Sahib during the upcoming Maghi Mela. Especially, following the spread of contagious and zoonotic Glanders disease and keeping in view the guidelines of the National Action Plan for Glanders (GOI), the state government banned the equids movements and activities in May 2023. Divulging details, Punjab Animal Husbandry, Dairy Development and Fisheries Minister Gurmeet Singh Khudian said that…