Distressed banks: Deposit insurance payout within 90 days gets approval

Source: Indian Express Contents1 What is the News?2 What are the amendments approved? 3 Increase in Insurance Premium:4 Coverage of DICGC: What is the News? The Union Cabinet has approved amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961. What are the amendments approved?  Faster Process: The depositors will be provided funds up… Continue reading Distressed banks: Deposit insurance payout within 90 days gets approval

Jawahar Navodaya Vidyalaya students detect asteroids under Khagolshala Asteroid Search Campaign 2021

Source: PIB Contents1 What is the News?2 About Khagolshala Asteroid Search Campaign:3 About Asteroids:4 About PANSTARRS Telescope: What is the News? Jawahar Navodaya Vidyalaya students have detected Eight Asteroids as part of the Khagolshala Asteroid Search Campaign 2021. About Khagolshala Asteroid Search Campaign: Khagolshala Asteroid Search Campaign(KASC) is an initiative of the Office of Principal… Continue reading Jawahar Navodaya Vidyalaya students detect asteroids under Khagolshala Asteroid Search Campaign 2021

Centre launches Secured Logistics Document Exchange and Calculator for GreenHouse Gas Emissions Initiatives

Source: PIB What is the News? Government of India has launched the Secured Logistics Document Exchange Initiative along with a Calculator for GreenHouse Gas Emissions Initiative.  About Secured Logistics Document Exchange(SLDE) Initiative: SLDE platform is a solution that aims to replace the present manual process of generation, exchange and compliance of logistics documents with a… Continue reading Centre launches Secured Logistics Document Exchange and Calculator for GreenHouse Gas Emissions Initiatives

International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021

Source: PIB What is the News? International Financial Services Centres Authority (IFSCA) has released the proposed IFSCA (Capital Market Intermediaries) Regulations, 2021. The regulations provide for regulatory requirements in respect of registration, obligations and responsibilities of various types of capital market intermediaries.  About IFSCA: International Financial Services Centres Authority (IFSCA) was established in 2020 under… Continue reading International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021

Researchers develop nano-structured aluminium surface having multiple applications

Source: PIB What is the News? A group of researchers has developed a nano-structured, self-cleaning, sustainable aluminium surface by utilizing a simple and environment-friendly fabrication route. This could have multiple applications ranging from biomedical to aerospace and automobiles to household appliances. Why was this developed? Aluminum is a light metal. It has many industrial applications… Continue reading Researchers develop nano-structured aluminium surface having multiple applications

PM to roll out academic credit bank

Source: The Hindu About the news: On the first anniversary of the National Education Policy (NEP), the Centre plans to officially roll out some initiatives promised in the policy. About the implementation of National Education Policy: The government’s planned initiatives include a credit transfer system that will allow multiple entry and exit options in higher… Continue reading PM to roll out academic credit bank

Tap it for India: Puri’s tap water is safe to drink.

Source: Times of India Contents1 About the news:2 Progress of tap connections in India:3 Why tap connections are important?4 Terms to know: About the news: In India, piped water isn’t universally available, and tap water isn’t potable in most of the country. Recently, Puri in Odisha has become the first Indian city to get 24×7 safe… Continue reading Tap it for India: Puri’s tap water is safe to drink.

SC refuses to ban begging, says ‘no one would like to beg if not for poverty’

Source – Times Now News Contents1 What is the news?2 Introduction-3 About the petition-4 SC’s observations- What is the news? The SC said that they won’t take an elitist stance plea to ban begging at public places amid COVID-19. It observed that no one would like to beg if not for poverty. Introduction- The Supreme… Continue reading SC refuses to ban begging, says ‘no one would like to beg if not for poverty’

Garib Nawaz Skill Development Centres

Source: PIB About the news: Recently, the Union Minister for Minority Affairs replied in the Parliament that a total number of 371 training centres under the Gharib Nawaz Employment Scheme were opened across the country. Gharib Nawaz Employment Scheme: It is a scheme to provide short term job oriented skill development courses to minorities’ youth… Continue reading Garib Nawaz Skill Development Centres

Government developed indigenous climate model to predict the impact of climate change on monsoon in the country

Source: PIB Contents1 What is the News?2 About the Earth System Model(ESM) named IITM-ESM:3 About Coupled Model Intercomparison Project(CMIP):4 About World Climate Research Program(WCRP): What is the News? The Ministry of Earth Sciences has developed an state-of-the-art Earth System Model(ESM) known as the IITM-ESM. About the Earth System Model(ESM) named IITM-ESM: IITM-ESM is an indigenous… Continue reading Government developed indigenous climate model to predict the impact of climate change on monsoon in the country

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