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Navy Chief Awarded On-The-Spot Unit Citation INS Nireekshak for Salvage Operation

Navy Chief Awarded On-The-Spot Unit Citation INS Nireekshak for Salvage Operation

 

Why In News

 

·        The Chief of the Naval Staff Adm R Harikumar visited INS Nireekshak at Kochi where he interacted with the diving team of the ship involved in the salvage operations.

 

Key Points

 

·        The Chief of the Naval Staff Adm R Harikumar visited INS Nireekshak at Kochi where he interacted with the diving team of the ship involved in the salvage operations at a depth of 219 meters in the Arabian Sea.

 

·        He commended the ship on the safe and successful conduct of the operations under the most challenging circumstances. This is the deepest salvage carried out in the country’s waters.

 

·        During his address to the ship’s crew, the CNS complimented the dedicated effort of the ship in conducting the deep diving operations. He appreciated the undaunted spirit of the ‘Men Behind the Machine’.

 

·        The CNS awarded the ship an ‘on the spot’ Unit Citation, a first in Indian Navy. He also awarded commendations to the crew involved in the salvage ops.

 

·        Nireekshak had also recently completed a solemn dive off the Gujarat coast to pay homage by laying a wreath at 80 m depth, the resting site of erstwhile Khukri which sank during the 1971 war.

 

·        INS Nireekshak is a Dive Support and Submarine Rescue Vessel of the Indian Navy.  Built by Mazgaon Shipbuilders in 1985, the ship has been in service with the Navy since 1989

 

·        It was commissioned in the year 1995. INS Nireekshak has been part of various diving operations and holds the record for the deepest dive carried out in the country to a depth of 257 m.


Kotak Mahindra Bank takes corporate digital banking portal ‘Kotak fyn’ live

Kotak Mahindra Bank takes corporate digital banking portal ‘Kotak fyn’ live

 

·        Kotak Mahindra Bank went live with 'Kotak fyn', an integrated portal developed to offer comprehensive digital banking.

 

·        Private sector lender Kotak Mahindra Bank went live with ‘Kotak fyn’, an integrated portal developed to offer comprehensive digital banking and value-added services to its business banking and corporate clients.

 

·        The portal will offer services across all products, including trade & services, account services, payments, and collections and make banking seamless for the bank’s clients.

 

Significance of this development:

 

·        It is expected to reduce complexity and friction for customers.

 

·        The portal will assure paperless transactions and will offer the facility to unify data across multiple product-specific portals and back-office systems to create a single view of transactions, positions and balances, enabling self-service and driving operational efficiency, the bank said in a statement.


Kerala HC publish judgment in regional language, becomes 1st in country to do so

Kerala HC publish judgment in regional language, becomes 1st in country to do so

 

 

Why In News

 

·        Kerala High Court publish Judgement in Regional Language: The Kerala High Court published two of its most recent decisions in Malayalam, making it the first high court in the nation to do so.

 

Why In News

 

·        On February 21, also known as International Mother Language Day, the Kerala High Court published two of its most recent decisions in Malayalam, making it the first high court in the nation to do so.

 

·        On the court’s website, the Malayalam decisions were posted right underneath the English version. On the website, two decisions made by the division bench, which included Chief Justice S. Manikumar and Justice Shaji P Chaly.

 

·        The news comes a day after the Supreme Court began testing a live transcription service to record its hearings and then translate them into text using artificial intelligence (AI) and NLP-based technology.

 

·        The facility was used in Chief Justice of India D Y Chandrachud‘s courtroom, when he presided over a Constitution bench hearing the Maharashtra constitutional crisis.

 

·        In order to translate rulings from English to regional languages, the Supreme Court established an artificial intelligence team to create the SUVAS (Supreme Court Vidhik Anuwad Software), an open-source judicial domain language translation tool.

·        This tool was used by the Kerala High Court to translate the rulings.

 

·        Chief Justice of India D.Y. Chandrachud said in January of this year that the Supreme Court’s decisions would be translated into four languages: Hindi, Gujarati, Odia, and Tamil after noting that 99.9% of Indian population could not understand the English language in its “legal incarnation.”