News: The European Union’s (EU’s) announcement of a joint decision to phase out imports of Russian crude oil has, together with some other developments, shaken up oil markets. This is the sixth such package of sanctions on entities linked to the Russian Federation by the countries of the EU. Earlier sanctions have benefitted India, but… Continue reading Another sanctions package
India and Sweden Host Industry Transition Dialogue in Stockholm
What is the News? India and Sweden hosted the Industry Transition Dialogue in Stockholm, Sweden. What is Industry Transition Dialogue? Hosted by: India and Sweden as part of the Leadership for Industry Transition (LeadIT) Initiative. Purpose: To contribute to the UN Conference ‘Stockholm+50’ that will set the agenda for COP27. At the dialogue, the Union… Continue reading India and Sweden Host Industry Transition Dialogue in Stockholm
Kerala registers car that runs on hydrogen fuel — 1st in country
What is the News? The first hydrogen-powered car named “Toyota Mirai” was registered in Kerala in April 2022. With this, Kerala has become one of the select few states to allow the registration of such cars. Note: The registered vehicle is exempt from taxation because it will be used for research and development purposes. What… Continue reading Kerala registers car that runs on hydrogen fuel — 1st in country
Explained: What are ‘artillery rockets,’ and why is the US sending them to Ukraine?
What is the News? The United States has announced that it is sending its High Mobility Artillery Rocket Systems known as HIMARS to Ukraine. What is HIMARS? The US-made High Mobility Artillery Rocket Systems are known as HIMARS. It is a multiple launch rocket system or MLRS – a mobile unit that can simultaneously launch… Continue reading Explained: What are ‘artillery rockets,’ and why is the US sending them to Ukraine?
Cabinet approves Expanding the mandate of Government e Marketplace – Special Purpose Vehicle (GeM – SPV) to allow procurement by Cooperatives as Buyers
What is the News? The Union Cabinet has given its approval for expanding the mandate of Government e-Marketplace(GeM) to allow procurement by Cooperatives as buyers on GeM. What is the Government e-Marketplace(GeM)? Launched by: Ministry of Commerce and Industry in 2016. Aim: To create an open and transparent procurement platform for Government buyers. At present,… Continue reading Cabinet approves Expanding the mandate of Government e Marketplace – Special Purpose Vehicle (GeM – SPV) to allow procurement by Cooperatives as Buyers
Explained: Why Neptune and Uranus appear in different colours
What is the News? Neptune and Uranus have much in common. They have similar masses, sizes and atmospheric compositions. But their appearances are in different shades of blue. At visible wavelengths, Neptune is a rich, deep azure hue while Uranus is a distinctly pale shade of cyan. Why do Uranus and Neptune appear in different… Continue reading Explained: Why Neptune and Uranus appear in different colours
NTPC releases Biodiversity Policy for conservation and restoration of biodiversity
What is the News? National Thermal Power Corporation Limited (NTPC Ltd.), as a member of the India Business & Biodiversity Initiative(IBBI) has released a renewed Biodiversity Policy 2022. What is the purpose of the Biodiversity Policy 2022? Aim: To establish a comprehensive vision and guiding principle for conservation, restoration, and enhancement of biodiversity. – To… Continue reading NTPC releases Biodiversity Policy for conservation and restoration of biodiversity
UNESCO World Heritage Site ‘Valley of Flowers’ opens for Tourists
What is the News? The Valley of Flowers will be accessible to the public from June to October which remains covered in a blanket of snow for the remaining six months. What is the Valley of Flowers? Located in: Chamoli district of Uttarakhand Discovered by: The place was accidentally discovered in 1931 by Frank S… Continue reading UNESCO World Heritage Site ‘Valley of Flowers’ opens for Tourists
India is poised to play a leadership role in global digital revolution: Union Minister at World Summit of Information Society(WSIS) 2022
What is the News? The Minister of State for Communications has attended the opening ceremony of the World Summit of Information Society (WSIS) 2022 held in Geneva, Switzerland. What is the World Summit of the Information Society (WSIS) 2022? The World Summit on the Information Society(WSIS) 2022 represents the world’s largest annual gathering of Information… Continue reading India is poised to play a leadership role in global digital revolution: Union Minister at World Summit of Information Society(WSIS) 2022
The Global Semiconductor Shortage – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The Semiconductor Industry is facing an acute crisis with a global semiconductor shortage. Multiple industries are dependent on semiconductor chips for their inputs. Hence, the shortage is expected to have a major impact on global manufacturing industry and consequently the economy. The shortage has persisted for almost a year now… Continue reading The Global Semiconductor Shortage – Explained, pointwise
