What is the News? The European Union has released a new Indo-Pacific strategy for boosting economic, political and defence ties in the Indo-Pacific. Why an EU Strategy for the Indo-Pacific? The Indo-Pacific region is increasingly becoming strategically important for the EU. The EU is already the top investor, the leading development cooperation partner and one… Continue reading EU unveils Indo-Pacific strategy
Author: Abdul
PFC issues India’s first-ever Euro Green Bond
What is the News? Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has issued its maiden Euro Green Bond. What is a Euro Green Bond? It is the first-ever Euro denominated Green bond issuance from India. Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro… Continue reading PFC issues India’s first-ever Euro Green Bond
Explained: What are the tarballs that have resurfaced on Mumbai’s beaches?
What is the News? Recently, black oil-emanating balls also called Tarballs were seen lying on the shore of Mumbai Beach. What are Tarballs? Tarballs are dark-coloured, sticky balls of oil that form when crude oil floats on the ocean surface. They are transported from the open sea to the shores by sea currents and waves.… Continue reading Explained: What are the tarballs that have resurfaced on Mumbai’s beaches?
Low carbon bricks developed using construction and demolition waste for energy-efficient walling envelopes
What is the News? Scientists from the Indian Institute of Science(IISc) have developed an energy-efficient carbon brick called ‘Low-C Bricks’. What are Low-C Bricks? Low-C Bricks are low carbon bricks developed using construction and demolition waste (CDW) and alkali-activated binders. These bricks do not require high-temperature firing. They also avoid the use of high-energy materials… Continue reading Low carbon bricks developed using construction and demolition waste for energy-efficient walling envelopes
New defence office complex opened
What is the News? The Prime Minister has inaugurated the Defence Offices Complexes at Kasturba Gandhi Marg and Africa Avenue in New Delhi. What are Defence Office Complexes? Defence Office Complexes has been constructed as a part of the Central Vista redevelopment project. These complexes will accommodate around 7,000 officials from the Ministry of Defence… Continue reading New defence office complex opened
Reforms in jewellery sector to help achieve export target: Minister
What is the News? The recent reforms in the gems and jewellery industry would help it achieve the $43.75 billion exports target for this fiscal year. About the performance of Gems and Jewellery Sector Gems & Jewellery sector is one of the important sectors of Indian Economy with a contribution of around 7% to GDP,… Continue reading Reforms in jewellery sector to help achieve export target: Minister
Union Cabinet clears decks for National Asset Reconstruction Company
What is the News? The Union Government has approved a proposal that requires the government to guarantee Security Receipts(SR) issued by National Asset Reconstruction Company Ltd (NARCL) when buying non-performing assets (NPAs) from banks. This will clear the path for the launch of National Asset Reconstruction Company (NARCL). Note: Security Receipts (SR) are issued by ARCs… Continue reading Union Cabinet clears decks for National Asset Reconstruction Company
28% jump in filing of cases in 2020: NCRB
What is the News? National Crime Records Bureau(NCRB) has released a report titled Crime in India 2020. What are the key findings of the Crime in India Report? Registration of Cases: There was a 28% increase in the registration of cases in 2020 in the country compared to 2019. The surge in cases was primarily… Continue reading 28% jump in filing of cases in 2020: NCRB
PM launches Sansad TV
What is the News? The Prime Minister of India has launched Sansad TV on the occasion of the International Day of Democracy. About Sansad TV Sansad TV has been formed by merging the two parliamentarian channels Lok Sabha TV and Rajya Sabha TV. The merger was done based on the recommendations of a committee formed… Continue reading PM launches Sansad TV
Cabinet clears PLI for auto sector to spur ‘green’, high-tech
What is the News? Government of India has approved Production Linked Incentive (PLI) Scheme for Auto Industry and Drone Components. About PLI Scheme for Auto Industry Aim: To overcome the cost disabilities to the industry for the manufacture of Advanced Automotive Technology products in India. Eligibility: The scheme is open to existing automotive companies as… Continue reading Cabinet clears PLI for auto sector to spur ‘green’, high-tech
