Recently, The Defence Research and Development Organisation (DRDO) successfully flight-tested Abhyas High-speed Expendable Aerial Target (HEAT) from the Integrated Test Range in Chandipur, off the Bay of Bengal coast in Odisha. DRDO is the Research & Development wing of the Ministry of Defence, Govt of India, with a vision to empower India with cutting-edge defence …

Recently, the International Financial Services Centre Authority (IFSCA) announced a new liberal regulatory regime for facilitating formation of various international and Indian insurance businesses in the Gujarat International Finance Tec-City (GIFT City). The regulations for setting up International Financial Services Centre (IFSC) Insurance Offices (IIOs) and IFSC Insurance Intermediaries Offices (IIIOs) were notified by the IFSCA earlier, in …

Recently, the Prime Minister launched the Ayushman Bharat Health Infrastructure Mission. Important points: It is one of the largest pan-India schemes for strengthening healthcare infrastructure across the country. It is in addition to the National Health Mission It will provide support to 17,788 rural Health and Wellness Centres in 10 ‘high focus’ states and establish 11,024 urban Health …

Recently, Saudi Arabia, one of the world’s largest oil producers, announced that it will reach “net zero” greenhouse gas emissions by 2060. The announcement came at the start of the kingdom’s first-ever Saudi Green Initiative (SGI) Forum. SGI aims to raise the vegetation cover, reduce carbon emissions, combat pollution and land degradation, and preserve marine life. Important points: …