Lecture Notes

Welcome and Introduction

• Speaker: [Name not provided]
• Focus on clarity and technical difficulties addressed
• Overview of today's topics: Important news related to exams

News Coverage

First News: International Conference on Steel Slag

• First international conference on steel slag held in New Delhi, India.
• Guidelines released by NITI Aayog, led by Dr. VK Sarawat.
• Key organizations involved:
  • Council of Scientific and Industrial Research (CSIR)
  • Central Road Research Institute (CRRI)
  • PHD Chamber of Commerce and Industry
• Steel Slag Definition: Waste product from steel manufacturing, used in road construction.
• Sustainability focus:
  • Government initiative to use waste materials for road construction.
  • Approximately 8.1 billion natural aggregates used annually.
  • Steel slag can meet half of the demand.
• Key Exam Tip: Conference hosted in New Delhi; remember guidelines and organizations.

Second News: NITI Aayog Report on AI

• Report title: "Responsible AI for Facial Recognition Technology."
• Focus on responsible and legal frameworks for AI utilization in India.
• Emphasis on increasing use of facial recognition technology, ensuring safety and security.
• Question potential in exams:
  • Name of the report and organization involved (NITI Aayog).

Third News: AI in Developed vs. Developing Countries

• China’s proposal to the UN regarding AI usage in developing countries.
• Aim to bridge the technology gap between developed and developing nations.
• Emphasis on international cooperation for safe AI development.
• Exam Tip: Remember the countries involved in the resolution.

Fourth News: Private Sector Bank Initiatives

• DBS Bank introduces pre-shipment financing for MSMEs.
• Aims to alleviate financial pressures on exporters.
• Collaboration with Receivable Exchange of India.
• Key benefits of the platform for MSMEs.

Fifth News: SBI's New Platform for MSMEs

• SBI launches "MSME Sahaj" for quick loans.
• Loans of up to ₹1 lakh processed within 15 minutes.
• Focus on supporting the working capital needs of MSMEs.

Sixth News: Women's Participation in Management

• Report on women's representation in top management roles.
• Current percentage of women on boards increased from 5% (2014) to 16% (2023).
• Discussion on improvements needed for gender representation in leadership roles.

Seventh News: Ministry of Defense Technology Acquisition

• Acquisition of "Light Fidelity Technology" for communication systems in the Navy.
• Aimed at enhancing secure data transmission.

Special Dates and Celebrations

• National Doctor's Day: Celebrated in memory of Dr. Bidhan Chandra Roy.
• GST Day: Marking the implementation of GST in India.
• Chartered Accountant's Day: Celebrating the foundation of ICAI.
  • Theme: "Innovative Future."

Sponsors for Upcoming Olympic Games

• BPCL partners with IOA for the Paris 2024 and Los Angeles 2028 Olympics.
• Support from Reliance Foundation, Adani Group, and Aditya Birla Capital.

Other Organizations

• C-DAC collaborates with Most Chip Technologies for high-performance computing processors.

Conclusion

• Recap of important news items discussed.
• Encouragement for students to stay engaged and clear doubts in the next class.
• Homework assigned for further practice and comprehension of news topics.