20 Jan 2016 : Daily News Updates

1. ISRO successfully launched the Indian Regional Navigation Satellite System (IRNSS) 1-E on the board of PSLV-C31 from satish Dhawan Space Center Shriharikota in Andhra Pradesh. The satellite is the 5^th of IRNSS constellation and it will provide navigation, tracking and mapping services to the Indian sub continent. The XL configuration of PSLV was used for this mission.
   
2. Veteran journalist Aroon Tiekar passed away.
   
   
3. Bombay Stock Exchange (BSE) ltd has launched a new service for algorithm trading test facility for investors. Algorithmic trading in financial markets refers to transaction orders generated by using advanced mathematical models that involve automated execution of trade. It uses mathematical models and software codes to make transaction decisions on exchanges and execute them at high speed.
   
   
4. Maharashtra Government has signed a memorandum of understanding (MoU) with Tata Trust for a skill training program for the youth in the state. This program has been undertaken under the state government’s ambitious Kushal Maharashtra, Rojgaryukt Maharashtra initiative. Tata Trust will train around one lakh youths in the state in order to make them employable.
   
   
5. India has slipped 11 places to rank 89th from last year rank of 798^th on a global index of talent competitiveness, a list which has been topped by Switzerland.
   
   
6. Country’s own fighter aircraft light combat aircraft (LCA), Tejas, will take part in the three-day Bahrain International Air show starting from Thursday.
   
   
7. Indian  racer Jehan Daruvala ( Sahara Force India Academy racer) on 16 January 2016 won one of New Zealand's most prestigious events, the Lady Wigram Trophy.