RBI Governor appointed as Vice Chairman on BIS Board Dr. Raghuram Rajan, Governor of the Reserve Bank of India, was appointed as the Vice-Chairman of the Bank for International Settlements (BIS). He joined the BIS Board of Directors in December 2013. He will be in this post for three years. Ministry of Defence launched Army Cloud, Data Centre & Digi-Locker for the Indian Army Union Defence Minister Manohar Parrikar on 9 November 2015 launched Army Cloud, Software Defined Data Centre and Digi-Locker facilities for the Indian Army at the Army Headquarters in New Delhi. The three initiatives are aimed at catalysing automation and digitization of the Indian Army and help in transforming it from a Platform Centric to a Network Centric Force. Scientists revealed that the Himalayas were born 47 million years ago An international team of scientists who discovered the first oceanic microplate in the Indian Ocean has found that Himalayas were born about 47 million years ago when India and Eurasia initially smashed into each other. The team of Australian and US scientists believe the collision occurred 47 million years ago when India and Eurasia initially smashed into each other. The new research shows that 50 million years ago, India was travelling northwards at speeds of some 15 centimetres a year. Soon after it slammed into Eurasia crustal stresses along the mid-ocean ridge between India and Antarctica intensified to breaking point. A sudden increase in crustal stress causes the formation of the Himalayan Mountain Range to 47 million years ago.