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

Bureau of Indian Standards (BIS) develops an Indian Standard for ‘Non-electric cooling cabinet made of clay’

What is the News? The Bureau of Indian Standards(BIS) has developed an Indian Standard, IS 17693: 2022 for a ‘non-electric cooling cabinet made of clay’ named “Mitticool refrigerator”. What is the Mitticool refrigerator? Mitticool Refrigerator is a non-electric cooling cabinet made of clay. Developed by:  Shri Mansukh Bhai Prajapati from Gujarat Technology: The refrigerator operates… Continue reading Bureau of Indian Standards (BIS) develops an Indian Standard for ‘Non-electric cooling cabinet made of clay’

Explained: Why is the discovery of microplastics in fresh Antarctic snow troubling?

What is the News? For the first time, Microplastics have been found in freshly fallen snow in Antarctica.  What are Microplastics? Microplastics are tiny plastic debris that is smaller than 5 mm in length, and tinier than even a grain of rice. There are two types of microplastics: Primary microplastics: These are tiny particles that… Continue reading Explained: Why is the discovery of microplastics in fresh Antarctic snow troubling?

A closer look at the Reuters Institute Digital News Report 2022

What is the News? Reuters Institute for the Study of Journalism has released the Digital News Report, 2022. What are the key findings of the Digital News Report? Firstly, people are trusting news content less and less.  Secondly, consumption of traditional news media declined in nearly all the countries surveyed.  Thirdly, the proportion of news… Continue reading A closer look at the Reuters Institute Digital News Report 2022

India jumps 6 places to 37th rank on IMD’s World Competitiveness Index

What is the News? The World Competitiveness Index 2022 has been released. What is the World Competitiveness Index? Released by: Institute for Management Development (IMD) since 1989. Purpose: To rank 63 economies and assess the extent to which a country promotes the prosperity of its people by measuring economic well-being via hard data and survey… Continue reading India jumps 6 places to 37th rank on IMD’s World Competitiveness Index

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