Date : 28/06/2016
Expanded Panama
Newly renovated and expanded Panama
Canal was reopened by the Panamanian President, Juan Carlos
Varela.
After the launch a giant Chinese container ship Cosco become
the first vessel to move via the newly-enlarged Panama Canal from the Atlantic
to the Pacific Ocean .
The expanded Panama Canal
will allow a new, much-larger generation of container ships to pass through the
isthmus of Panama.
About Panama Canal Expansion Project:
The Panama Canal expansion
project was approved in October 2006 after it was favoured by the national
referendum by a 76.8% majority.
The project formally began in 2007 and was due to finish in
2014. But its completion was delayed by two years and it is estimated cost was
$50 billion.
It doubles the existing capacity of the Panama
Canal by adding a new lane of traffic allowing for a larger number
of ships.
It also increases the depth and width of the lanes and locks
allowing much-larger generation of container ships to pass.
It also has raised the maximum operating water level of Gatun Lake
About Panama Canal :
The Panama Canal is an artificial 77 km waterway that
connects the Atlantic Ocean with the Pacific Ocean .
The canal cuts across the Isthmus of
Panama and is a key conduit for international maritime trade.
Strategically and economically it is one of the most
important waterways in the world providing the shortest sea link between East
Asia, North America and Europe .
The canal was taken over or completely nationalised by the
Panamanian government in 1999. Now it is managed and operated by the Panamanian
government-owned Panama Canal Authority.
CSIR launches India
The Council for Scientific and Industrial Research (CSIR)
has launched BGR-34, an anti-diabetic ayurvedic drug designed for type 2
Diabetes mellitus.
The anti-diabetic ayurvedic drug BGR-34 has been jointly
developedby National Botanical Research Institute (NBRI) and Central Institute
for Medicinal and Aromatic Plants (CIMAP).
About BGR-34
BGR-34 works by controlling blood sugar and limiting the
harmful effects and toxicity of other drugs.
It contains 34 identified active phyto-constitutes from
herbal resources.
It has been economically priced at 5 rupees per tablet as
compared to latest DPP4 inhibitors globally.
About Council of
Scientific and Industrial Research (CSIR)
CSIR is an autonomous body and the largest research and
development (R&D) organisation in India .
It was established in 1942. It operates as an autonomous
body registered under the Registration of Societies Act of 1860.
It is mainly funded by the Union Ministry of Science and
Technology.
CSIR’s R&D activities include aerospace engineering,
ocean sciences, structural engineering, metallurgy, life sciences, chemicals,
mining, food, petroleum, leather, and environment.
Jitu Rai wins silver
medal in ISSF World Cup:
Ace Indian shooter Jitu Rai won silver medal at the ISSF
(International Shooting Sport Federation) Shooting World Cup held in Baku , Azerbaijan
In the final match, Rai shot 199.5 score to bag the silver
medal in men’s 10m air pistol. He pipped three-time Olympic champion Jongoh Jin
of South Korea
to win silver medal.
In the men’s 10m air pistol event Brazilian shooter Felipe
Almeida Wu won the gold medal, and South Korea ’s Jin Jongoh won the
bronze medal.
It was Jitu Rai’s second medal in a World Cup 2016 season
and earlier had won the gold medal in the free pistol event in the first World
Cup held in Bangkok, Thailand.
He already has qualified for the 2016 Rio Olympics after he
had won silver medal in the 50m Free Pistol event in 2014 at the World
Championships in Granada .
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