Atal Innovation Mission, NITI Aayog & UNDP India launch Community Innovator Fellowship

What is the news? Atal Innovation Mission (AIM) in collaboration with UNDP has launched the Community Innovator Fellowship (CIF) marking the “International Day of Women & Girls in Science” What is the purpose of Community Innovator Fellowship (CIF)? The fellowship is developed as a pre-incubation model that aims to provide youth with an opportunity to… Continue reading Atal Innovation Mission, NITI Aayog & UNDP India launch Community Innovator Fellowship

Indian scientists develop a next-generation probiotic that provides hope for longevity and healthy aging

What is the news? A team of Indian Scientists has recently identified the next-generation probiotic bacterium named Lactobacillus Plantarum JBC5 from a dairy product that showed great promise in promoting healthy ageing. What is Lactobacillus Plantarum JBC5? It is a next-generation probiotic bacterium developed from a dairy product. This probiotic bacterium was found to improve… Continue reading Indian scientists develop a next-generation probiotic that provides hope for longevity and healthy aging

Why does the capital gains tax regime need a relook?

What is the news? The Revenue Secretary has said that the capital gains tax structure in India is complicated, and it is time for a relook. What is Capital Gains Tax? Capital Gains Tax is levied on the profits made on investments.It covers real estate, gold, stocks, mutual funds and various other financial and non-financial… Continue reading Why does the capital gains tax regime need a relook?

2 years on, all railway cadre services merged into one 

What is the news?  All Railway services have been merged under one category called the Indian Railways Management Services (IRMS) under Group A central services.   What is the significance of the move?  The move will help to fasten decision-making and also bring an end to departmentalism and culture of silos.  It will also wave… Continue reading 2 years on, all railway cadre services merged into one 

India, Australia set to finalise mini FTA

What is the News? India and Australia will be finalising a mini Free Trade Agreement(FTA) called the Early Harvest Agreement. Note: An Early Harvest deal is a precursor to an FTA in which the trading partners reduce tariff barriers on limited goods to promote trade. What will be covered in the Early Harvest Agreement? The… Continue reading India, Australia set to finalise mini FTA

Explained: What RBI’s status quo means for stock investors and borrowers

What is the News? The six-member Monetary Policy Committee(MPC) of the Reserve Bank of India (RBI) has kept key policy rates – Repo rate, Reverse repo rate and the Bank rate – unchanged for the 10th time in a row and retained the accommodative policy stance. Why has RBI kept the interest rates unchanged? RBI… Continue reading Explained: What RBI’s status quo means for stock investors and borrowers

New artificial Intelligence-based tools can help finding habitable planets

What is the News? Using Artificial Intelligence, Indian Astronomers have devised a new method to identify potentially habitable planets with a high probability. What is the method adopted by Indian Astronomers to identify potentially habitable planets? The method is named as Anomaly Detection Method. This method is based on the postulate that Earth is an… Continue reading New artificial Intelligence-based tools can help finding habitable planets

Police – Training, Modernisation and Reforms Report: 648 police stations lack phone connection: Parliamentary Panel

What is the News? The Parliamentary Panel on Home Affairs has submitted a report in Rajya Sabha titled  ‘Police – Training, Modernisation and Reforms’. What are the key findings of the report? As many as 648 police stations in the country do not have telephones. The largest shortfall was found in the North-East States. Around… Continue reading Police – Training, Modernisation and Reforms Report: 648 police stations lack phone connection: Parliamentary Panel

Women execs earn Rs 85 for every Rs 100 earned by men: IIMA study

What is the News? Indian Institute of Management Ahmedabad (IIMA) has released a study titled “The Glass Ceiling: Research Report on Leadership Gender Balance in NSE 200 Companies”. This study was conducted to understand the gender balance in top organizations. What are the key findings of the study? Gender Pay Gap: Senior women executives earn an… Continue reading Women execs earn Rs 85 for every Rs 100 earned by men: IIMA study

Ban on drone import to boost manufacturing

What is the news? The Government of India has banned the import of drones, with some exceptions, in India. What imports of drones are being banned? The import of any drones either in completely built up (CBU), completely knocked down(CKD) /semi knocked down (SKD) forms have been banned. Exceptions: Import of drones for Research and… Continue reading Ban on drone import to boost manufacturing

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