Government Notifies PLI Scheme for Automobile & Auto components

What is the News? The government of India has issued notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components.  What is the Production Linked Incentive (PLI) Scheme for Automobile & Auto components? Aim: To overcome the cost disabilities of the industry for the manufacture of Advanced Automotive Technology products in India. Key… Continue reading Government Notifies PLI Scheme for Automobile & Auto components

Supreme Court sets aside Madras High Court remarks on EWS quota

What is the News? The Supreme Court has set aside the observations in the Madras High Court’s order, which said that the reservation for Economically Weaker Sections(EWS) in the NEET-All India Quota can be implemented only with the approval of the Supreme Court. Background Recently, the Government of India had announced a 27% reservation for… Continue reading Supreme Court sets aside Madras High Court remarks on EWS quota

RBI permits lenders to sell fraud loans to ARCs, paves way for resolution

Contents1 What is the News?2 What is the current procedure?3 What has changed now?4 Significance of this decision What is the News? The Reserve Bank of India(RBI) has permitted lenders to transfer the loans that have been classified as fraud to asset reconstruction companies(ARCs). What is the current procedure? Currently, RBI norms require banks to… Continue reading RBI permits lenders to sell fraud loans to ARCs, paves way for resolution

China says all crypto-related transactions are illegal

What is the News? China has said that all crypto currency transactions in China, including transactions using Bitcoin, will be deemed illegal.  China and Cryptocurrency China has been one of the world’s largest crypto-currency markets.This is despite the fact that trading in crypto-currency has officially been banned in China since 2019. However, the recent announcement… Continue reading China says all crypto-related transactions are illegal

Centre, States outline plans to stem pollution

Contents1 What is the News?2 Background3 What was discussed at the meeting?4 Measures that will be taken by States What is the News? The Union Environment Ministry has convened a meeting with representatives from Delhi and neighbouring States that see pollution levels soar during winter. Background Delhi and other neighbouring States see pollution levels rise… Continue reading Centre, States outline plans to stem pollution

SC introduces FASTER system to send records

Contents1 What is the News?2 What is a FASTER System?3 What is the significance of the FASTER system?4 What is the progress on the implementation of the FASTER System? What is the News? The Supreme Court has approved the use of an electronic system named FASTER (Fast and Secured Transmission of Electronic Records) for the… Continue reading SC introduces FASTER system to send records

Three IITs among world’s top 200 in QS Graduate Employability Rankings 2022

Contents1 What is the News?2 About QS Graduate Employability Rankings3 What are the key takeaways?3.1 Rankings Related to India3.2 Topped by What is the News? The QS Graduate Employability Rankings 2022 has been released. About QS Graduate Employability Rankings QS Graduate Employability Rankings is released by global higher education analysts Quacquarelli Symonds(QS). Purpose: It is… Continue reading Three IITs among world’s top 200 in QS Graduate Employability Rankings 2022

Supreme Court move to set up a panel to probe Pegasus is a vital and welcome step

Contents1 What is the News?2 Background3 What was the Supreme Court response to this?4 Significance of this judgement What is the News? The Supreme Court has observed orally that it will set up a technical expert committee to inquire into the Pegasus snooping matter and pass an interim order next week. Background A collaborative journalism… Continue reading Supreme Court move to set up a panel to probe Pegasus is a vital and welcome step

₹7,523-cr. order for Arjun Mk-1A tanks

What is the News? The Ministry of Defence(MoD) has placed an order with Heavy Vehicles Factory (HVF), Chennai for the supply of 118 Main Battle Tanks (MBTs) Arjun Mk-1A for the Indian Army. What is Arjun Mk-1A? The development of Arjun Tank was started by the Defence Research and Development Organisation (DRDO) in the late… Continue reading ₹7,523-cr. order for Arjun Mk-1A tanks

Now, insulin can be kept without refrigeration

Contents1 What is the News?2 What is Insulin?3 What is Insulin Injection used for? 4 What have the scientists developed? What is the News? A team of scientists from Kolkata have developed a “thermostable” variety of insulin named “Insulock” which eliminates the need to keep it refrigerated.  What is Insulin? Insulin is a hormone that helps… Continue reading Now, insulin can be kept without refrigeration

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