Param Porul, a supercomputer, was unveiled at NIT Tiruchirappalli.

• Under the National Supercomputing Mission, a supercomputer called Param Porul was unveiled at NIT Tiruchirappalli (NSM).
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• The National Science and Technology Museum (NSM) collaborates with the Dept. of Science and Technology (DST) and the Ministry of Electronics and Information Technology.
• The Param Porul supercomputing facility was created as part of phase two of the national supercomputing initiative to support computational research.
• The Param Porul uses direct contact liquid cooling technology to achieve excellent power usage efficiency while lowering operational costs. For the advantage of researchers, multiple programs from diverse scientific disciplines have been loaded on the system, including Weather and Climate, Bioinformatics, Computational Chemistry, Molecular Dynamics, Material Sciences, Computational Fluid Dynamics, and others.
• To meet the computing needs of various scientific and engineering applications, the system is equipped with a mix of CPU nodes, GPU nodes, high memory nodes, high throughput storage, and high-performance Infiniband connectivity.

EX Bongosagar, a bilateral exercise between the Indian Navy and the Bangladesh Navy, has begun.

• On May 24, 2022, the third iteration of the Indian Navy (IN) – Bangladesh Navy (BN) Bilateral Exercise `Bongosagar` began in Port Mongla, Bangladesh.
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• The Bongosagar exercise will commence with a Harbour Phase on May 24-25, followed by a Sea Phase on May 26-27 in the Northern Bay of Bengal.
• By conducting several maritime exercises and operations between the two navies, Exercise Bongosagar aims to build high interoperability and combined operational skills.
• The exercise is being carried out by Indian Naval Ships Kora, an indigenously built Guided Missile Corvette, and Sumedha, an indigenously built Offshore Patrol Vessel. The Bangladesh Navy is represented by the Guided Missile Frigates BNS Abu Ubaidah and Ali Haider.
• Professional and social exchanges, friendly sporting events, and tactical level planning conversations on the conduct of the exercises at sea are all part of the exercise`s harbor phase.
• Ships from both nations would be able to participate in rigorous surface warfare drills, weapon firing drills, seamanship evolutions, and coordinated air operations in a tactical scenario during the exercise`s sea phase.

The PARAM ANANTA Supercomputer was commissioned at IIT Gandhinagar.

• Param Ananta, the supercomputer at IIT Gandhinagar, is dedicated to the nation under the National Supercomputing Mission (NSM). 
• It is a joint initiative of the Department of Science and Technology (DST) and the Ministry of Electronics and Information Technology (MeitY), which was commissioned. 
• This indigenous software stack was developed by C-DAC and is a Make in India initiative.
• The Param Ananta was actually based on direct contact liquid cooling technology to acquire a high power usage effectiveness and reduce the operational cost.
• The Param Ananta Supercomputing Facility will benefit IIT Gandhinagar`s R&D activities in multidisciplinary domains of science and technology, including, but not limited to, machine learning (ML), artificial intelligence (AI), data science; bio-engineering for genome sequencing and DNA studies, and computational fluid dynamics (CFD).

Ashwini Vaishnaw inaugurated the NIELIT Center in Leh, Ladakh.

• Ashwini Vaishnaw inaugurated the National Institute of Electronics and Information Technology (NIELIT) Centre Leh. It is an Extension Centre Kargil, and an IT Enabled Incubation Centre for Handicraft and Handloom Sector.
• Ashwini Vaishnaw, when inaugurating the NIELIT Centres at Leh, Kargil, and Incubation Centre at Leh, reiterated the commitment of the Prime Minister for the development of UT of Ladakh. 
• He said that after the abrogation of Article 370 and the formation of the new UT, the way of development in this area had opened manifolds. Any proposal related to IT Education, Training, and Incubation for the development of UT of Ladakh would be approved instantly by the Ministry of Electronics and Information Technology. 
• He complimented NIELIT for beginning the Leh and Kargil Centres and setting up of IT Enabled Incubation Centre in record time, which requires to be scaled up at a faster pace.

At the age of 10, Maharashtra`s Rhythm Mamania reaches Everest Base Camp.

• Rhythm Mamania, a 10-year-old champion skater from Worli, is one of the youngest Indian mountaineers to reach the Everest Base Camp (EBC) in Nepal`s Himalayan ranges. 
• She is climbing the base camp with a group of teenage Indian climbers. Rhythm completed the hike to the base camp at an altitude of 5,364 meters in 11 days, a rare feat. 
• Satori Adventures, a Nepal-based business, took Rhythm to base camp. A group of Kutch trekkers also joined him. 
• Rishi Bhandari of Satori Adventures in Nepal arranged the 11-day expedition.

NITI Aayog has launched a National Data and Analytics Platform.

Ashwini Vaishnaw inaugurated the NIELIT Center in Leh, Ladakh.

• Ashwini Vaishnaw inaugurated the National Institute of Electronics and Information Technology (NIELIT) Centre Leh. It is an Extension Centre Kargil, and an IT Enabled Incubation Centre for Handicraft and Handloom Sector.
• Ashwini Vaishnaw, when inaugurating the NIELIT Centres at Leh, Kargil, and Incubation Centre at Leh, reiterated the commitment of the Prime Minister for the development of UT of Ladakh. 
• He said that after the abrogation of Article 370 and the formation of the new UT, the way of development in this area had opened manifolds. Any proposal related to IT Education, Training, and Incubation for the development of UT of Ladakh would be approved instantly by the Ministry of Electronics and Information Technology. 
• He complimented NIELIT for beginning the Leh and Kargil Centres and setting up of IT Enabled Incubation Centre in record time, which requires to be scaled up at a faster pace.

Alkesh Kumar Sharma has been named Secretary of the Ministry of Electronics and Information Technology.

• A senior IAS officer, Alkesh Kumar Sharma, has been appointed secretary of the Ministry of Electronics and Information Technology (MeitY). He was previously the secretary of the Cabinet Secretariat (Coordination). 
• From May 2020 to April 2021, Alkesh Kumar Sharma was Kerala`s additional chief secretary for industries. 
• From September 2019 to April 2021, Sharma was the Managing Director of Kochi Metro Rail and the Cochin Smart City Mission CEO.
• At MEITY, Alkesh Kumar Sharma, a Kerala-based IAS official, has his job cut out for him. He will be in charge of making sure the $10 billion semiconductor incentive program, which aims to boost chip manufacture and design in the country, goes smoothly.

The Delhi government has launched the Mukhyamantri Muft Sewer Connection Yojana.

• Under the "Mukhyamantri Muft Sewer Connection Yojana," the Delhi government would grant free sewer connections. 
• The `Mukhyamantri Muft Sewer Connection Yojana` would provide free sewer connections to 25,000 homes in East Delhi. The Delhi government will provide free sewer connections to 12 colonies in Mustafabad and Karawal Nagar.
• The Delhi government will provide free sewer connections to 12 colonies in Mustafabad and Karawal Nagar. Chandu Nagar, Rajiv Gandhi Nagar, and sections of Khajuri Khas would be among the colonies. 
• The state government has set out Rs 19 crore to construct these connections. The board planned to install 30 RO plants at JJ communities to boost the drinking water supply. 
• Each plant will generate around 50,000 liters of water each day. The supply will be completely free.

Deepika Padukone is Louis Vuitton`s first Indian brand ambassador.

• Deepika Padukone, an actress, has been named the first Indian brand ambassador for Louis Vuitton.
• The French brand made the announcement. During their new handbag promotion, the brand revealed the character of a 36-year-old Bollywood actress. Padukone appeared in promotional photos alongside Emma Stone and Zhou Dongyu.
• She was recently named to an eight-member jury at the 75th Cannes Film Festival, which will be presided over by French actor Vincent Lindon. 
• She was also honored with the first Time 100 Impact Awards for raising mental health awareness. Padukone is frequently photographed wearing Louis Vuitton clothing and luggage, and she has previously modeled for the brand. 
• She was the first Indian actor to appear in the brand`s 2020 campaign.

The Maharashtra Government Approves the Maharashtra Gene Bank Project.

• The `Maharashtra Gene Bank,` a first-of-its-kind project in India, was approved by the Maharashtra Cabinet.
• To protect Maharashtra`s genetic resources, including marine diversity, native agriculture seeds, and animal variety. These seven focal areas will get Rs 172.39 crores over the next five years.
• The Maharashtra State Biodiversity Board (MSBB) will implement the initiative, overseen by committees led by the chief secretary and senior secretary (forests). 
• The MSBB will collaborate with institutes such as the National Institute of Oceanography (NIO) Goa to document and conserve uncommon and endangered marine species.

Cochin Shipyard has built India`s first hydrogen-fueled electric vessel.

• Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal said India`s first indigenous hydrogen-fueled electric vessels would be developed and built at Cochin Shipyard Limited (CSL), setting off the country`s efforts toward green shipping.
• The project, according to Sonowal, would be carried out by the Cochin Shipyard in collaboration with Indian partners.
• The shipyard has already begun laying the groundwork in this area, collaborating with KPIT Technologies and Indian inventors of hydrogen fuel cells and power trains and the Indian Register of Shipping (IRS) on developing laws and regulations for such vessels.
• The Fuel Cell Electric Vessel (FCEV), a hydrogen fuel cell vessel based on Low-Temperature Proton Exchange Membrane Technology (LT-PEM), is projected to be approximately 17.50 crore, with the Centre covering 75% of the cost.

Equitas Holdings and Equitas SFB have merged. RBI`s approval

• The RBI`s no objection letter comes with conditions. The merger is taking place to comply with RBI minor finance bank criteria, which require the promoter to reduce their stake in the subsidiary to 40% within five years of the SFB`s launch (Small Finance Bank).
• According to RBI rules handed down for SFBs in June 2016 and guidelines for licensing SFBs in the private sector in November 2014, equity shares of SFBs should be listed on a recognized stock exchange(s) within three years of the date the SFB`s net value reaches Rs 500 crore.
• In the instance of ESFB, the applicable listing date was September 4, 2019. However, it launched banking operations with more than Rs 500 crore in net value.
• An IPO was held to meet the listing requirements, and ESFB shares began trading on platforms on November 2, 2020.
• The third criterion is that a subsidiary must be brought into the fold if a promoter owns more than 40%.