Nine countries join alliance to boost offshore windpower

Source: The post is based on the article “Nine countries join alliance to boost offshore windpower” published in Economic Times on 10th November 2022. What is the News? Nine countries including Britain, Germany, the United States and Japan have joined the Global Offshore Wind Alliance(GOWA). What is Global Offshore Wind Alliance(GOWA)? Global Offshore Wind Alliance(GOWA)… Continue reading Nine countries join alliance to boost offshore windpower

Reserve Bank flags bigtech risks to financial stability

Source: The post is based on the article “Reserve Bank flags bigtech risks to financial stability” published in Economic Times on 19th October 2022. What is the News? According to a report by the Reserve Bank of India(RBI), large non-financial technology firms referred to as “Big Techs” pose challenges to financial stability owing to their… Continue reading Reserve Bank flags bigtech risks to financial stability

Supply Chain Ministerial Forum: India adopts joint statement on cooperation on global supply chains

Source: The post is based on the article “India adopts joint statement on cooperation on global supply chains” published in Economic Times on 22nd July 2022. What is the News? The US State Department released a Joint Statement of the 2022 Supply Chain Ministerial Forum, focusing on the global challenge which includes – the COVID-19… Continue reading Supply Chain Ministerial Forum: India adopts joint statement on cooperation on global supply chains

Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by

Source: The post is based on the article “Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by” published in Economic Times on 17th August 2022. What is the News? On August 15, the Indian Railways conducted a test run of its latest train called Super Vasuki. What is Super Vasuki?… Continue reading Super Vasuki: Indian Railways’ 3.5-km-long train with six locos and 295 wagons pass by

Sebi proposes blue bonds concept for sustainable financing activities

Source: The post is based on the article “Sebi proposes blue bonds concept for sustainable financing activities” published in Economic Times on 8th August 2022. What is the News? SEBI has proposed the concept of blue bonds as a mode of sustainable finance, saying such securities can be utilized for various blue economy-related activities, including… Continue reading Sebi proposes blue bonds concept for sustainable financing activities

With $87 billion, India top remittance recipient in 2021: UN report

Source: The post is based on the article “With $87 billion, India top remittance recipient in 2021: UN report” published in Economic Times on 20th July 2022. What is the News? The World Health Organization(WHO) has released a report titled ‘’World report on the health of refugees and migrants’. This is the first WHO report… Continue reading With $87 billion, India top remittance recipient in 2021: UN report

Oncolytic Virotherapy(OV): ‘Next-gen’ cancer therapy can kill tumours without harming healthy cells

Source: The post is based on the article “’Next-gen’ cancer therapy can kill tumours without harming healthy cells” published in Economic Times on 7th July 2022. What is the News? Researchers in the US have developed a novel strategy in Oncolytic Virotherapy(OV) to improve a cancer therapy that can kill tumour cells while leaving nearby… Continue reading Oncolytic Virotherapy(OV): ‘Next-gen’ cancer therapy can kill tumours without harming healthy cells

Indian Oil unveils indoor solar cooking stove ‘Surya Nutan’

What is the News? Indian Oil Corporation Limited has developed an indoor solar cooking stove named Surya Nutan.  What is Surya Nutan? Surya Nutan is a stationary, rechargeable and always a kitchen-connected indoor solar cooking system. Developed by: Indian Oil Corporation Limited Features: The stove works in a hybrid mode and is capable of running… Continue reading Indian Oil unveils indoor solar cooking stove ‘Surya Nutan’

Circular Economy in Municipal Solid and Liquid Waste: Recyclable garbage may generate Rs 30,000 crore annually

What is the News? The Ministry of Housing and Urban Affairs has released a report titled ‘Circular Economy in Municipal Solid and Liquid Waste’. Note: ​​The circular economy is a model of production and consumption that involves sharing, reusing, repairing, refurbishing, and recycling existing materials/products as long as possible. What is the purpose of the report?… Continue reading Circular Economy in Municipal Solid and Liquid Waste: Recyclable garbage may generate Rs 30,000 crore annually

Cryptos can lead to dollarisation of economy: RBI officials to parliamentary panel

What is the News? Officials from the Reserve Bank of India told the Parliamentary Standing Committee on Finance that cryptocurrencies can lead to the “dollarisation” of a part of the economy. What is Dollarisation? Dollarisation is a form of currency substitution where dollars are used in addition to or instead of the local currency of… Continue reading Cryptos can lead to dollarisation of economy: RBI officials to parliamentary panel

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