FinMin may stick to capital infusion plan for PSU banks

FinMin may stick to capital infusion plan for PSU banks News: The Finance Ministry is expected to finalise infusion of about ₹54,000 cr. in the next few weeks to the public sector banks. Important Facts: 2. The proposal to not curtail its capital infusion plan for this financial year comes even as state-owned banks would… Continue reading FinMin may stick to capital infusion plan for PSU banks

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Lunar lander faces crucial test

Lunar lander faces crucial test News: The Chandrayaan-2 lunar lander’s sensors will undergo a crucial test in the next few days as the mission races towards a planned take-off in around two months. Important Facts: ISRO will fly the sensors on an aircraft over its artificial lunar site at Challakere to see how they will… Continue reading Lunar lander faces crucial test

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India to study marijuana-derived drugs

India to study marijuana-derived drugs News: The researchers are planning to promote research in herbal drugs, some of which involve deriving new drugs from marijuana. Important Facts: The researchers belonging to the Council of Scientific and Industrial Research (CSIR), the Indian Council for Medical Research (ICMR) and the Department of Biotechnology (DoB) will test whether… Continue reading India to study marijuana-derived drugs

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Corridor of hope

Corridor of hope News: The Union Cabinet recently approved the building and development of the Kartarpur corridor from Dera Baba Nanak in Gurdaspur district to the international border in Pakistan. Important Facts: The plans to operationalise a visa-free corridor between Dera Baba Nanak in Indian Punjab and Kartarpur Sahib in Pakistan’s Punjab heeds a longstanding… Continue reading Corridor of hope

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Did not disturb this Andaman Island

Did not disturb this Andaman Island News American national and missionary John Allen Chau was killed by Sentinelese tribe when he ventured to the North Sentinel island in the Andaman. Important facts: About Sentinelese tribe: The Sentinelese are a pre-Neolithic people who have inhabited North Sentinel Island for an estimated 55,000 years without contact with… Continue reading Did not disturb this Andaman Island

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Greenhouse gas amounts in atmosphere hit record high

Greenhouse gas amounts in atmosphere hit record high News: The World Meteorological Organisation (WMO) in its latest Greenhouse Gas Bulletin reported that the amounts of greenhouse gases in the atmosphere have hit yet another record high. Important Facts: About WMO: The WMO is the weather agency of the United Nations, and publishes its Greenhouse Gas… Continue reading Greenhouse gas amounts in atmosphere hit record high

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Falling crude puts OMC pricing under scanner

Falling crude puts OMC pricing under scanner News: Recently the Centre slashed excise duty on petrol and diesel to lower pump prices as global crude surged to a four-year record. Important Facts: The article discusses whether the oil marketing companies have recovered after this price cut and absorbed into their financials. The OMCs had said… Continue reading Falling crude puts OMC pricing under scanner

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