Contents
- 1 AIIB to invest $200 mn in NIIF to boost infra projects
- 2 Chennai’s R Praggnanandhaa becomes second youngest Chess Grandmaster
- 3 First Satellite designed to remove space junk, Remove DEBRIS, begin test flight.
- 4 Sandeep Sejwal wins Gold in Singapore National Swimming Championships.
- 5 Saudi Arabia becomes the last country in the World to allow Women to Drive
- 6 Latest Current Affairs
AIIB to invest $200 mn in NIIF to boost infra projects
The Asian Infrastructure Investment Bank (AIIB) will invest $200 Million in India’s National Investment and Infrastructure Fund (NIIF).
Economic Affairs Secretary, Subhash Chandra Garg, said that the AIIB will invest $100 Million in the NIIFs fund of funds , followed by $100 Million in the future.
There will be a leverage of 10-12 times on the original investment, which can result in up to $2.4 Billion flowing into infrastructure projects in the country.
Chennai’s R Praggnanandhaa becomes second youngest Chess Grandmaster
India’s R Praggnanandhaa has become the country’s youngest, and the world’s second largest, Chess Grandmaster at the age of the 12 years, 10 months and 13 days.
He has reached the final round of the ongoing Grendine Open in Italy.
He was paired with the Grand Master Prujjsers Roland in the final round which gave him Grandmaster status.
Ukraine Sergey Karjakin hold the world record for the youngest GM, having achieved the feet in 2002 at the age of 12 years and seven months.
In 2016, Praggnanandhaa became the youngest International Master at the age of 10 years. 10 months, and 19 days.
First Satellite designed to remove space junk, Remove DEBRIS, begin test flight.
The First Satellite which has been built to clear up all the space junk surrounding the earth has been launched from the International Space Station (ISS) on a test flight.
The Satellite, named DEBRIS has different technology to capture and remove the space debris. It will test a harpoon and a net for a removing space junk.
Over the next two months, the satellite will be tested and checked.
Remove DEBRIS weighs 100 Kg, and is the largest payload deployed from the ISS.
Sandeep Sejwal wins Gold in Singapore National Swimming Championships.
Indian Swimmer Sandeep Sejwal clinched the Gold in the men’s 50 meters breast stroke event at the Singapore National Swimming Championships.
Sandeep broke the Singapore meet 50 m record with a timing of 27.59 seconds to grab the title. He bettered his own time of 27.68 seconds in the semi final by 0.09 seconds.
The 29-year old also won a silver medal in the men’s 100 m breaststroke, with the time of 1:02 minutes.
In the related news, 26 year old Virdhawal beat Olympic Champion Joseph Schooling to clinch gold in Men’s 100 m freestyle event.
Saudi Arabia becomes the last country in the World to allow Women to Drive
Women in Saudi Arabia have been legally allowed to drive for the first time in the History of one of the most of the conservative countries.
On 4th June 2018, Saudi Arabia issued the first driving license to women as Saudi King Salman bin Abdulaziz Al Saud officially announced in September 2018 to allow women to drive.