This was our entry for an event in IIM Lucknow. We had to give a few headlines in Indian newspapers in the year 2020. I worked with Jasmeet Singh on this. Click on the picture for the video.
1. Research reports points towards Rebalancing of World Economy
The reigns have clearly shifted from the hands of powerful nations to the emerging nations in the past decade post the Great Recession. The recent World Trade Report issued by WTO support this statement with China overtaking USA in terms of Gross Domestic Product in purchasing power parity (GDP in PPP). India ranks a close 3rd followed by Germany & Japan. The same is the case with share in Equity trading, FDI inflows and international trade where China & India have given a tough competition to India. The share turnover velocity (STV) of the Indian stock markets has beaten those of USA, UK, China and other nations.
2. Ink Losing Newspaper to be in circulation soon
P&I ltd gets clean chit from the environment industry to resume the production of its innovative ink losing newspaper. Many had argued that the ink used on this paper wasn’t environment friendly. But the producers were able to convince the jury about the safety of this product. This newspaper becomes blank by losing its special ink after two days and can be used for writing as normal paper. The target group for the same is mainly school and college students.
3. Mumbai gets Smart floating homes. Land congestion problem solved?
Sample Smart Floating Home by Tata Infra & Reality are ready for display for customers at Worli. The most striking feature of these homes, apart from floating in water, is the wireless electricity transfer mechanism for electricity flow between ports and devices. This is the first commercial launch of Witricity for personal use at homes.
4. Dr Chun Li gets Nobel Prize for Economics for “CURDEX”
The Nobel Prize for Economics has been awarded to Dr Chun Li from China for his study, proposal and successful implementation of “CURDEX” - the new global currency index. This index has been instrumental in putting an end to the decade long dominance of dollar as the international currency. This index will now be used for functioning of all international organizations and maintaining all their records. The components of this index are the currencies of world’s 5 major economies– China, India, USA, EU and Japan. It is calculated using the weighted average of various economic indicators like GDP, growth rate, inter-country transfers, etc.
5. Indian wins Nobel Prize for Physics
Mr VC Raman from India received the Nobel Prize for Physics for his breakthrough discovery in the field of electricity generation by nuclear reactors. His successfully carried out nuclear reaction by using abundantium as fuel. It will reduce dependency on uranium, which is scarcely available, as the fuel and result in successful implementation of nuclear power plants as abandantium is abundant in reserves and has much higher productivity as compared to uranium.
6. Rahul’s popularity sky rockets post anti-corruption and anti-reservation campaigns
The popularity ratings of the Indian Prime Minister Rahul Ghandi sky rocketed post his successful campaigns against corruption and reservation in the country. After the anti-corruption campaign, India’s ranking in the World Doing Business has improved and many foreign companies have shown interest to enter the market. The Anti-Reservation campaign is still going on with the reservations being brought down to the lowest level in the last 5 years. Clearly, India is moving towards the economic condition based reservation with gradual abolishment of caste based one.
7. “GM crop has changed the face of Indian Agriculture” – Sichon Pilot, Agri Minister
The 5th Annual All India Farmers Association Meet ended on Thursday on a high note. In his speech, the agriculture minister Sichon Pilot acknowledged the contribution of genetically modified crops in the growth of Indian Agriculture. He was overwhelmed while mentioning that India has registered the highest number of patents for GM Crops in the last 5 years. This was the outcome of what is better known as Green Revolution II started by Prof S.M. Swaminath.
8. Hydrogen run cars register record sales in October 2020
Automobile index rose by 6% on Thursday as the sales numbers of the industry were announced. The sale of hydrogen run cars reached new heights with the aggregate sale of all the companies touching 2 lakh units in the month of October 2020. Hydrogen run cars have spearheaded the industry growth ever since their launch. These cars use hydrogen as fuel which is extracted through electrolysis of water. Recently, T&M launched an advanced version with an embedded filtration system which enables the customers to use tap water as source of fuel. This mechanism will bring down the cost of operations significantly.
9. SPJIMR Participants help earthquake hit Vibronasia as part of DOCC project
240 participants of SPJIMR, the leading business school of India, went to Sunadra and North Makalu provinces of Vibronasia to serve the earthquake hit people of the country. This initiative was a part of the DOCC project of the participants, in which they serve the society. This is not the first time that the participants went for a project in a foreign country. They also served the people of Nepol during the civil war in 2016. Participants stayed in Vibronasia for 6 weeks, and the institute also vowed to donate 10% of total course fees of the year.
10. Most Innovative Product of the year : Wheel-o-charge
The device which uses tyre movement to charge equipment (like laptop, cell phones, etc.) in a vehicle has won the award for the most innovative product of the year. This award is given every year by the Ted Organization which has been promoting innovative products for over a decade now. The other products in contention were Pet Voice Translator, Hair Fertilizer, Shrinking Machine, 5-Wheeler Easy-to-Park Car, Utility Locator Smart Tags and Cloth generating heat using heartbeat.
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