An interdisciplinary team of researchers at the Technical University of Munich (TUM) has revealed that Bitcoin system has a carbon footprint of between 22 and 22.9 megatonnes per year. This is comparable to the footprint of cities such as Hamburg, Vienna or Las Vegas. Bitcoin mining is very energy-intensive and the process has increased rapidly… Continue reading Bitcoin use causing huge CO2 emissions: Study
Author: ForumIAS
Modi likely to meet bank chiefs to discuss roadmap for PSBs
Prime Minister is likely to meet chief executives of Indian banks to chalk out a strategy for the banking sector for the next five years. The meeting assumes significance as the country’s GDP growth slowed to 5.8% in the January-March 2019 quarter dragging down the full-year growth to a 5-year low of 6.8%. Further, the… Continue reading Modi likely to meet bank chiefs to discuss roadmap for PSBs
Facebook to unveil new cryptocurrency
Facebook has decided to launch a cryptocurrency called Libra. The currency is designed not to be a speculative asset, like Bitcoin, but a form of digital money backed by a reserve of assets. Facebook has also formed the non-profit Libra Association with 27 other partners to oversee Libra and its development. The partnership includes venture… Continue reading Facebook to unveil new cryptocurrency
India to host COP-14 of the UNCCD
India for the first time will host the 14th session of the Conference of Parties (COP-14) of the United Nations Convention to Combat Desertification (UNCCD) in September 2019. The United Nations Convention to Combat Desertification (UNCCD) is the sole legally binding international agreement linking environment and development to sustainable land management. It was established in… Continue reading India to host COP-14 of the UNCCD
Niti’s new road map: Only electric vehicles to be sold after 2030
NITI Aayog has proposed that only electric vehicles should be sold after 2030. It has moved a cabinet note proposing that the road transport and highways ministry should prepare a framework to phase out the sale of diesel and petrol vehicles by 2030. The ministry has also been asked to pilot an e-highways programme. In… Continue reading Niti’s new road map: Only electric vehicles to be sold after 2030
By 2027, India population to cross China’s: UN
According to ‘The World Population Prospects 2019’ published by the Population Division of the UN Department of Economic and Social Affairs, India is projected to surpass China as the world’s most populous country by 2027. India is expected to add nearly 273 million people between 2019 and 2050 and will remain the most populated country… Continue reading By 2027, India population to cross China’s: UN
For better governance, government to rank police stations now
The Ministry of Home Affairs has launched an exercise to rank India’s best police stations based on various parameters. The exercise seeks to promote competition for better governance at the grassroots level The Home Ministry has suggested at least seven dimensions for assessment which include crime prevention, proactive measures adopted, Crime and Criminal Tracking Network… Continue reading For better governance, government to rank police stations now
World Food India to be held from 1st to 4th November 2019 in New Delhi
The Ministry of Food Processing Industries has announced that the World Food India 2019 will be held from 1-4th November 2019 in New Delhi. The event seeks to position India as Food Processing Destination of the World. The tagline of the event will be “Forging Partnerships for Growth”. The event will consist of several top… Continue reading World Food India to be held from 1st to 4th November 2019 in New Delhi
Must Read News Articles – June 18th, 2019
Archives GS-1 A blinkered understanding of migration The article discusses about draft Emigration Bill, 2019. Unleashing the potential of urban India The Global Metro Monitor 2018 reports that 36% of employment growth and 67% of GDP growth were contributed by the 300 largest global metros, with those in emerging economies outperforming those in advanced economies.… Continue reading Must Read News Articles – June 18th, 2019
9 PM Current Affairs Brief – June 17, 2019
Download the compilation of all summaries of all the news Articles here GST Council may give one-year extension to anti-profiteering authority The GST Council is likely to extend the tenure of the National Anti-profiteering Authority (NAA) till November 30, 2020. Besides, the Council will also discuss a proposal to levy Goods and Services Tax (GST)… Continue reading 9 PM Current Affairs Brief – June 17, 2019
