What is the News? The Union Labour Ministry has revised the Wage Rate Index by setting the new base year at 2016 which will replace the old series with base of 1963-65. What is the Wage Rate Index? Wage Rate Index is a vital economic indicator that measures changes in the wage level in selected… Continue reading What the new wage rate index series means for salaries?
Author: Abdul
First of the four ships under Survey Vessel (Large) project for Indian Navy launched in the presence of Raksha Rajya Mantri at GRSE, Kolkata
What is the News? The Indian Navy has launched Sandhayak, a survey vessel, in Kolkata. What is Sandhayak? ‘Sandhayak’ is one of the first of the four Survey Vessels (Large) projects being built for the Indian Navy. Developed by: Defence Public Sector Undertaking, Garden Reach Shipbuilders and Engineers (GRSE) Limited. Purpose: To conduct a full-scale… Continue reading First of the four ships under Survey Vessel (Large) project for Indian Navy launched in the presence of Raksha Rajya Mantri at GRSE, Kolkata
Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report
What is the News? Recently, Niti Aayog has released India’s first National MPI (multidimensional poverty index). The index is based on the findings of the fourth National Health Family Survey (2015-16). This index calculated the poverty ratio on the basis of three dimensions of MPI– health, education, and standard of living — with each having a… Continue reading Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report
Judicial Infrastructure, a neglected case
What is the News? The Chief Justice of India has proposed the creation of a National Judicial Infrastructure Authority of India (NJIAI) to address neglected judicial infrastructure in the country. What is the state of judicial infrastructure in India? Firstly, the total sanctioned strength of judicial officers in the country is 24,280 but the number… Continue reading Judicial Infrastructure, a neglected case
India’s First private Cryogenic Engine – Hyderabad-based rocket men aim for the stars
What is the News? Skyroot Aerospace, a Hyderabad-based space technology startup, has successfully test-fired the Dhawan-1 engine and is planning to launch Vikram-1 and Vikram-2 launch vehicles in a few years. What is Dhawan-1? Dhawan-1 is India’s first privately developed, fully cryogenic rocket engine. It runs on two high-performance rocket propellants — liquid natural gas… Continue reading India’s First private Cryogenic Engine – Hyderabad-based rocket men aim for the stars
Implement panel’s anti-pollution measures, SC tells Centre, Delhi Govt.
What is the News? The Supreme Court has approved the measures taken by the Commission for Air Quality Management(CAQM) to create an ‘Enforcement Task Force’ and flying squads to prevent and penalise polluters in Delhi NCR. What is the issue? The Commission for Air Quality Management(CAQM) has announced several emergency measures for Delhi-NCR to bring… Continue reading Implement panel’s anti-pollution measures, SC tells Centre, Delhi Govt.
Chocolate-bordered Flitter
What is the News? A team of researchers have discovered a new Butterfly species in Sikkim. They have named it ‘Chocolate-bordered Flitter’. About Chocolate-bordered Flitter Chocolate-bordered Flitter (Zographetus Dzonguensis) is a golden yellow butterfly discovered in Dzongu in North Sikkim. The butterfly has been named ‘Chocolate-bordered Flitter’ as it has a chocolate coloured border around… Continue reading Chocolate-bordered Flitter
Supreme Court frowns upon ‘trend’ of acquittals in workplace sex misconduct cases on hyper-technical grounds
What is the News? The Supreme Court has expressed concern over a rising trend of courts invalidating proceedings into sexual misconduct at a working place on “hyper-technical” grounds. What was the issue? A constable at the Border Security Force had accused the head constable of sodomising (any form of the sexual act) in 2006. However,… Continue reading Supreme Court frowns upon ‘trend’ of acquittals in workplace sex misconduct cases on hyper-technical grounds
Explained: What is Kyhytysuka sachicarum?
What is the News? An international team of researchers has discovered a new marine reptile in Columbia. The reptile has been named as Kyhytysuka sachicarum. Note: This reptile was named Kyhytysuka which translates to ‘the one that cuts with something sharp’ to honour the ancient Muisca culture in Columbia that existed there for millennia. What… Continue reading Explained: What is Kyhytysuka sachicarum?
Explainer: Neo Banks vs Traditional Banking
What is the News? Neo-Banks bridge the gap between the services that traditional banks offer and the evolving expectations of customers in the digital age. They are changing the face of fintech and could one day eclipse traditional banks. What are Neo Banks? Neo-banks are online-only financial technology (fintech) companies that operate solely digitally or… Continue reading Explainer: Neo Banks vs Traditional Banking
