World Science Day for Peace and Development has observed on 10 November.
World Science Day for Peace and Development 2022:World Science Day for Peace and Development 2022:
World Science Day for Peace and Development was proclaimed by the UN Educational, Scientific and UNESCO in 2001 under the UNESCO 31 C/Resolution 20. It is celebrated every year on November 10, around the globe, marking the significance of science in society. The day highlights the significant role of science in society and the need to engage the wider public in debates on emerging scientific issues. It also underlines the importance and relevance of science in our daily lives.
This year’s theme for World Science Day for Peace and Development is “Basic Sciences for Sustainable Development”. According to the United Nations’ official website, it has been noted in the UNGA in December 2021 that ‘We need more basic science to achieve The 2030 Agenda and its 17 Sustainable Development Goals’.
World Science Day for Peace and Development is celebrated to raise awareness and make scientific literacy accessible for all. It is a day when scientists, researchers, and teachers alike can come together and help people understand the benefit of science and how it plays a key role in improving their lives.
The day is also commemorated in the hopes of raising awareness about how we can make our planet more sustainable. It is a means of maintaining sustainable development and promoting world peace. A day where people from all walks of life can come together and be educated about the latest discoveries in the field.
In 1999, UNESCO and the International Council for Science organized the first-ever World Scientific Conference in Budapest. At the event, several delegations agreed that there is a need for educating society about science. Here, by unanimous decision, a special day or week was to be dedicated to science. A year later, the UNESCO Executive Body adopted World Science Day for Peace and Development. It was to be commemorated on November 10, worldwide.
In 2001, World Science Day for Peace and Development generated many projects, programmes and funding for science around the world. It has also aimed to develop cooperation between scientists living in regions affected by conflict, such as the UNESCO-supported creation of the Israeli-Palestinian Science Organization (IPSO).
November 10, 2002 marked the first World Science Day for Peace and Development was celebrated around the globe. It brought together several partners, including governmental, intergovernmental and non-governmental organizations, UNESCO National Commissions, scientific and research institutions, professional associations, science teachers, schools and even the media.
An American technology giant, Google has launched a platform that displays flood forecasts, namely ‘FloodHub’.
An American technology giant, Google has launched a platform that displays flood forecasts, namely ‘FloodHub’. This platform shows the area and time where floods could occur, in order to inform people about the natural calamity and authorities can assist them with effectively. The technology giant has also expanded its AI flood forecasting services to 18 counties across Latin America, Africa and Southeast Asia. To recall, these flood forecasting services supported by AI were first introduced in India back in 2018.
Important takeaways for all competitive exams:
Retired school teacher Nirmala James has authored a new book titled “E. K. Janaki Ammal: Life and Scientific Contributions”, featuring the life and remarkable achievements.
Retired school teacher Nirmala James has authored a new book titled “E. K. Janaki Ammal: Life and Scientific Contributions”, featuring the life and remarkable achievements of Edavalath Kakkat Janaki Ammal (E. K. Janaki Ammal), India’s first woman botanist. The book, published by Enview Research and Development, was released during the event organised on the 125th birth anniversary of E. K. Janaki Ammal. She was born on 4th November 1897 in Thalassery, Kerala. The event was organised by the Centre for Biodiversity Conservation (CBC) under the Botany Department, University of Kerala.
Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake.
Life Insurance Company (LIC) has increased its shareholding in Voltas by buying an additional 2 per cent stake. The state-owned life insurer increased its shareholding from 2,27,04,306 shares (equivalent to 6.862 per cent) to 2,93,95,224 (8.884 per cent) in Voltas.
What Has Been Said:
LIC said it acquired Voltas’ shares worth Rs 634.50 crore through open market transactions during the period from August 10 to November 4, 2022. The transaction was carried out as an open market purchase at an average cost of ₹948.31 per share in Voltas.
Voltas is engaged in the business of air conditioning, refrigeration, electro-mechanical projects as an EPC (engineering, procurement and construction) contractor both in domestic and international market. Voltas has a market cap of around ₹27,609 crore. In Q2FY23, Voltas recorded a consolidated net loss of ₹7.41 crore to owners compared to a profit of ₹103.61 crore in Q2FY22. Consolidated revenue from operations stood at ₹1,768.36 crore in Q2FY23 versus ₹1,689.08 crore in Q2FY22.
Life Insurance Corporation of India is an Indian central public sector undertaking headquartered in Mumbai, Maharashtra, India. It is under the ownership of Ministry of Finance, Government of India. LIC is Indian state-owned insurance group and investment company. LIC which is the largest life insurer in India has market cap of over 4 Lakh crore.