It’s time for digital currency to counter crypto, says RBI

Source: TOI What is the news? The Reserve Bank of India (RBI) has said that it is working towards a phased implementation strategy for its digital currency (i.e. Central Bank Digital Currency). Central banks across the world have drawn up plans to launch their digital currency to battle cryptocurrencies. China has said that its e-CNY… Continue reading It’s time for digital currency to counter crypto, says RBI

Indian Navy exercise with UK’s Royal Navy carrier strike group

Source: PIB What is the News? The Indian Navy took part in a bilateral Passage Exercise(PASSEX) with the UK Royal Navy Carrier Strike Group(CSG)-21 in the Bay of Bengal. Passage Exercise(PASSEX): Passage Exercise will take place between the two navies to ensure that the navies are able to communicate and cooperate in times of war… Continue reading Indian Navy exercise with UK’s Royal Navy carrier strike group

Cabinet approves establishment of an Integrated Multi-purpose Corporation for Ladakh

Source: PIB What is the News? The Union Cabinet has approved the establishment of Integrated Multi-purpose Infrastructure Development Corporation for the Union Territory of Ladakh. Background: After the re-organisation of the erstwhile State of Jammu and Kashmir as per the Jammu and Kashmir(J&K) Reorganisation Act, 2019, the Union Territory of Ladakh (without Legislature) came into… Continue reading Cabinet approves establishment of an Integrated Multi-purpose Corporation for Ladakh

UNESCO’s ‘Historic Urban Landscape’ project for Gwalior, Orchha launched

Source: AIR What is the News? UNESCO has selected Gwalior and Orchha cities of Madhya Pradesh under its “Historic Urban Landscape Project”. About Historic Urban Landscape Project: The Historic Urban Landscape Project was adopted in 2011 by UNESCO’s General Conference. The project aims for the inclusive and well-planned development of fast-growing historical cities while preserving… Continue reading UNESCO’s ‘Historic Urban Landscape’ project for Gwalior, Orchha launched

District facing Water Crisis

Source: PIB What is the News? Water is a State subject. Hence, in order to supplement the efforts of the State Governments, the Central Government provides technical and financial assistance to them through various schemes and programs. Schemes Mentioned in the Article: Jal Shakti Abhiyan: Catch the Rain(JSA:CTR) Campaign: The campaign was launched on 22nd… Continue reading District facing Water Crisis

What is H5N1 avian influenza, its symptoms, and how fatal can it be?

Source: Indian Express What is the News? An 11-year-old boy in Delhi died of H5N1 avian influenza. This is the first recorded death due to the bird flu in India in 2021. About Bird Flu: Bird flu or avian influenza is a disease caused by avian influenza Type A viruses found naturally in wild birds… Continue reading What is H5N1 avian influenza, its symptoms, and how fatal can it be?

India tough place for business: US report

Source: TOI What is the News? The US State Department has released a report titled ‘2021 Investment Climate Statements: India’. Key Findings of the Report: India remains a challenging place to do business despite taking up many reforms and improving its position in the ease of doing business index. This is because: Protectionist Measures: New… Continue reading India tough place for business: US report

India breaks into the top 10 list of agri produce exporters

Source: Livemint What is the News? The World Trade Organization(WTO) has released a report on the trends in World Agricultural Trade in the past 25 years. Key Findings of the Report:  Agricultural Exports: India has entered into the top 10 list of agricultural produce exporters in 2019 with a sizable share in the export of… Continue reading India breaks into the top 10 list of agri produce exporters

Analysis by NGO reveals microplastics in Ganga

Source: The Hindu What is the News? A Study titled ‘Quantitative analysis of Microplastics along River Ganga’ has been released by a Delhi-based environment NGO, Toxics Link. About the Study: The study was carried out in collaboration with the National Institute of Oceanography (NIO) in Goa. It studied the water samples at Haridwar, Kanpur, and… Continue reading Analysis by NGO reveals microplastics in Ganga

EU’s carbon border tax – Explained, pointwise

Introduction In March 2021, the EU Parliament had adopted a resolution to implement a ‘Carbon Border Adjusted Mechanism’ (CBAM), pertaining to which proposed that goods entering the EU would be taxed at the borders. The E.U. proposal still needs to be negotiated among the 27 member countries and the European Parliament before becoming law. If… Continue reading EU’s carbon border tax – Explained, pointwise

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