Recently,Indian Air Force’s(IAF’s) AN-32 aircraft was formally fleet certified to fly on blended aviation fuel containing up to 10% of indigenous bio-jet fuel. The indigenous bio-jet fuel was first produced by the Indian Institute of Petroleum, Dehradun in 2013 but it could not be tested or certified for commercial use on aircraft due to lack… Continue reading IAF’s AN-32 Aircraft formally Certified to Operate on Indigenous Bio-Jet Fuel
Author: ForumIAS
Indian delegation participates in second SCO Mass Media Forum in Kyrgyzstan
The Indian delegation has participated in the second Shanghai Cooperation Organisation(SCO) Mass Media Forum at Bishkek in Kyrgyzstan. The forum aims to strengthen the exchange and cooperation in the field of mass media amongst SCO countries. It also offers a unique platform for active work through mass media to create an objective vision of the… Continue reading Indian delegation participates in second SCO Mass Media Forum in Kyrgyzstan
9 PM Current Affairs Brief – May 25, 2019
Download the compilation of all summaries of all the news Articles here Avoid tit-for-tat in trade war, cut duties: Panel A high-level advisory group constituted by the union commerce ministry on Foreign trade policy has submitted its report to government. The panel has recommended the centre to cut down corporate tax rate and set a target… Continue reading 9 PM Current Affairs Brief – May 25, 2019
Avoid tit-for-tat in trade war, cut duties: Panel
A high-level advisory group constituted by the union commerce ministry on Foreign trade policy has submitted its report to government. The panel has recommended the centre to cut down corporate tax rate and set a target to double the exports by 2025.Further,centre should create 25-year sovereign bonds where people declaring undisclosed income bound to invest… Continue reading Avoid tit-for-tat in trade war, cut duties: Panel
One billion year old fungi is found to be earth’s oldest
Recently,Scientists have discovered the Oldest-known fossils of a fungus named Ourasphaira giraldae in an Arctic region of northwestern Canada. The ancient fungus is the ancestor of today’s mushrooms, yeasts and molds and lived in at the mouth of a river mouth of a river between 890 million and 1.1 billion years ago. The microscopic fossils… Continue reading One billion year old fungi is found to be earth’s oldest
RBI plans liquidity buffer at shadow banks to aid stressed sector
The Reserve Bank of India (RBI) has released the draft circular on Liquidity Risk Management Framework for Non-Banking Financial Companies(NBFCs) and Core Investment Companies (CIC’s) for public comments. The NBFCs play an important role in delivering credit to the last mile, including the retail as well as MSME sectors. However,many NBFCs have come under severe… Continue reading RBI plans liquidity buffer at shadow banks to aid stressed sector
‘Golden Rice’ now closer to reality
The International Rice Research Institute (IRRI) and its partners,the Philippines Rice Research Institute and the Bangladesh Rice Research Institute has successfully cultivated Golden Rice in a controlled environment on IRRI campus. Golden rice is a variety of rice (Oryza sativa) produced through genetic engineering to biosynthesize beta-carotene,a precursor of vitamin A in the edible parts… Continue reading ‘Golden Rice’ now closer to reality
Renewable energy: Centre looking to set up portal to disclose payment delays by Discoms
The Ministry of New and Renewable Energy(MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms).This move is expected to usher in more transparency in pending payments. The industry has demanded that a portal should be similar to Payment Ratification and Analysis in… Continue reading Renewable energy: Centre looking to set up portal to disclose payment delays by Discoms
RBI to infuse ₹15,000 cr. in June via OMO
The Reserve Bank has said it will inject Rs 15,000 crore into the financial system through purchase of government bonds via the auction route.The government securities will be bought under Open Market Operations (OMO). This decision was taken as financial sector has been facing liquidity crisis ever since the Infrastructure Leasing and Financial Services Ltd… Continue reading RBI to infuse ₹15,000 cr. in June via OMO
India relaxes procedure to speed up arms sales to friendly foreign nations
Indian Government has finalised a new standard operating procedure (SOP) to speed up the sale of military equipment to friendly countries through defence lines of credit(LoC) which is similar to the foreign military sales (FMS) programme of the US. Currently,the SOP will be applied for defence PSUs and Ordnance Factory Board.After its working stabilises,the SOP… Continue reading India relaxes procedure to speed up arms sales to friendly foreign nations
