Context: The Budget had two major announcements pertaining to the issuance of sovereign green bonds and a central bank digital currency. These two launches will be a joint effort between the government and the RBI. What are Sovereign Green Bonds? It will be a part of the government’s borrowing program. The government undertakes borrowing to… Continue reading Green Bonds, digital currency hold promise
World Happiness Report: India among ‘unhappiest’ nations, languishes at 136th spot
What is the News? The World Happiness Report 2022 has been released. What is the World Happiness Report 2022? Published by: United Nations Sustainable Development Solutions Network(UNSDSN) powered by the Gallup World Poll data. Purpose: The report uses global survey data to report how people evaluate their own lives in countries worldwide. Factors: The report… Continue reading World Happiness Report: India among ‘unhappiest’ nations, languishes at 136th spot
Explained: What are Kamikaze drones, the ‘lethal’ weapon being sent by the US to Ukraine?
What is the News? US has announced USD 800 million in new military aid for Ukraine including 800 additional Stinger anti-aircraft missiles, 9,000 antitank weapons, 100 tactical drones including Kamikaze or suicide drones. What are Kamikaze Drones? Kamikaze Drones are also called Switchblade drones. These are small unmanned aircraft that are packed with explosives that… Continue reading Explained: What are Kamikaze drones, the ‘lethal’ weapon being sent by the US to Ukraine?
The Artemis programme, NASA’s new moon mission
What is the News? National Aeronautics and Space Administration(NASA) has rolled out its Artemis I moon mission to the launchpad for testing at the Kennedy Space Centre in Florida, United States. What is Artemis Mission? To be Launched by: NASA Named After: The mission is named after the twin sister of Apollo from Greek mythology.… Continue reading The Artemis programme, NASA’s new moon mission
World Meteorological Day: WMO to ensure global early warning systems coverage in 5 years
What is the News? On World Meteorological Day, the World Meteorological Organization(WMO) has announced that it would present an Action Plan on Early Warning Systems at the 27th Conference of Parties (CoP) to the UN Framework Convention on Climate Change(UNFCCC) in November 2022 at Sharm-el-Sheikh, Egypt. Note: World Meteorological Day is observed on March 23rd… Continue reading World Meteorological Day: WMO to ensure global early warning systems coverage in 5 years
Skill Development Ministry recognises INS Shivaji as the Centre of Excellence in Marine Engineering
What is the News? The Ministry of Skill Development and Entrepreneurship(MSDE) has recognised INS Shivaji as the Centre of Excellence(CoE) in the field of Marine Engineering(ME). What is INS Shivaji? INS Shivaji is an Indian naval station located in Lonavala, Maharashtra. It is located close to the Bhushi Dam. It houses the Naval College of… Continue reading Skill Development Ministry recognises INS Shivaji as the Centre of Excellence in Marine Engineering
Telecommunications Secretary inaugurates All India Digital Nation-Wide Pension Adalat
What is the News? Secretary (Telecommunications) & Chairman, Digital Communications Commission (DCC) inaugurated the All India Digital Nation-Wide Pension Adalat. What is All India Digital Nation-Wide Pension Adalat? Organized by: Controller General of Communication Accounts(CGCA), Department of Telecommunications. Purpose: The Adalat serves as a forum for mitigating the grievances of the pensioners by bringing in… Continue reading Telecommunications Secretary inaugurates All India Digital Nation-Wide Pension Adalat
Schemes launched by the Government in Textile sector for employment generation
What is the News? The Minister for Textiles has informed Lok Sabha about the important schemes launched by the Government in the textile sector. About Textile Industry The Textile industry is one of the largest source of employment generation in the country with an estimated 45 million people directly engaged in this sector including a… Continue reading Schemes launched by the Government in Textile sector for employment generation
First of its kind phase 3 clinical trial in Ayurveda for Rheumatoid Arthritis
What is the News? The Ministry of Ayush is conducting the world’s first multicenter phase III clinical trial examining the efficacy of Ayurveda in the treatment of Rheumatoid Arthritis. What is Rheumatoid Arthritis(RA)? Rheumatoid arthritis is an autoimmune disorder that causes chronic inflammation of the joints and other parts of the body. Caused by: Our… Continue reading First of its kind phase 3 clinical trial in Ayurveda for Rheumatoid Arthritis
India achieves $400 billion merchandise exports well before target date: Commerce Minister
What is the News? India’s Annual Merchandise(Goods) Exports have crossed the $400-billion mark for the first time ever. This is 37% higher than the previous financial year, when India exported goods worth $291 billion. During the same time period, imports grew 51% on year to $589 billion, resulting in a trade deficit of $189 billion.… Continue reading India achieves $400 billion merchandise exports well before target date: Commerce Minister
