What is the News? Former Twitter CEO has announced his vision for a new decentralized web platform that is being called Web 5.0 and is being built with an aim to return ownership of data and identity to individuals. What are Web 1.0, Web 2.0 and Web 3.0? Click Here to read about it What… Continue reading What is Web 5.0 – the blockchain-powered digital network Twitter’s ex-CEO wants to build?
Author: Abdul
Explained: What is the Inter-State Council?
What is the News? The Tamil Nadu Chief Minister(CM) has written to the Prime Minister asking that at least three meetings of the Inter-State Council should be held every year to strengthen the spirit of cooperative federalism. The CM also suggested that bills of national importance should be placed before the Council before being tabled… Continue reading Explained: What is the Inter-State Council?
Cabinet approves Memorandum of Association (MoA) by India for establishment of BIMSTEC Technology Transfer Centre at Colombo, Sri Lanka
What is the News? The Union Cabinet has approved a Memorandum of Association(MoA) by India for the establishment of BIMSTEC Technology Transfer Facility(TTF) Centre at Colombo, Sri Lanka. What is BIMSTEC Technology Transfer Facility(TTF)? BIMSTEC Technology Transfer Facility(TTF) agreement was signed by the BIMSTEC member countries at the 5th BIMSTEC Summit held at Colombo, Sri… Continue reading Cabinet approves Memorandum of Association (MoA) by India for establishment of BIMSTEC Technology Transfer Centre at Colombo, Sri Lanka
India-ASEAN conclave: Foreign ministers agree on unified response to global issues
What is the News? The Special ASEAN-India Foreign Ministers Meeting was held in New Delhi. What is the Special ASEAN-India Foreign Ministers Meeting? Chaired by: The meeting was co-chaired by India’s External Affairs Minister and Singapore Foreign Minister. The meeting was also attended by Foreign Ministers of Brunei, Cambodia, Indonesia, Malaysia, and Vietnam. Lao PDR,… Continue reading India-ASEAN conclave: Foreign ministers agree on unified response to global issues
INDO-BANGLADESH BILATERAL EXERCISE “EX SAMPRITI-X” CONCLUDES AT JASHORE, BANGLADESH
What is the News? Indo-Bangladesh bilateral Joint Military Exercise “Ex SAMPRITI-X” concluded at Jashore Military Station, Bangladesh. What is Exercise SAMPRITI? Conducted between: India and Bangladesh Type: Military Exercise Hosted by: The exercise is hosted alternately by both countries. Aim: To strengthen the military relations between the two countries. Significance: The exercise will provide an… Continue reading INDO-BANGLADESH BILATERAL EXERCISE “EX SAMPRITI-X” CONCLUDES AT JASHORE, BANGLADESH
Railway Innovation Policy: In a boost to start-ups, Railways promises Rs 1.5 crore for tech ideas
What is the News? The Union Railways Minister has launched a Railway Innovation Policy titled “StartUps for Railways”. What is Railway Innovation Policy? Aim of the policy: To promote Indian innovators and entrepreneurs through a series of innovative startups in the ecosystem and services of the railway. Under phase 1 of the policy, 11 problem… Continue reading Railway Innovation Policy: In a boost to start-ups, Railways promises Rs 1.5 crore for tech ideas
Explained: The world of crypto lending
What is the News? Major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions sparking a sell-off across crypto markets. What is Crypto Lending? Crypto lending is essentially banking – for the crypto world. Just as customers at traditional banks earn interest on their savings in dollars or pounds, crypto… Continue reading Explained: The world of crypto lending
India, Israel, US, UAE are I2U2, summit next month
What is the News? The US President will host a virtual summit of I2U2 Grouping in July,2022. What is I2U2? I2U2 is the grouping formed by four nations-India, Israel, UAE and the US. The countries share various common global issues including food security crisis and defense. When is the first summit of I2U2? The first… Continue reading India, Israel, US, UAE are I2U2, summit next month
Unemployment rate dips in first quarter of 2022: Survey
What is the News? The National Statistical Office (NSO) has released the quarterly bulletin of Periodic Labour Force Survey (PLFS) for January-March, 2022. What are the key findings of the PLFS Survey? Unemployment Rate The unemployment rate is defined as the percentage of unemployed persons in the labour force. The unemployment rate for persons aged 15… Continue reading Unemployment rate dips in first quarter of 2022: Survey
For the first time in a decade, WTO members reach historic deal at Geneva
What is the News? For the first time in a decade, the members of the World Trade Organization (WTO) have finalized a historic deal at the 12th Ministerial Conference(MC12). Note: The WTO’s rules dictate that all decisions are taken by consensus, with any single member able to exercise a veto. What are the major outcomes… Continue reading For the first time in a decade, WTO members reach historic deal at Geneva
