Monthly Archives: July 2022

EXIM BANK CONCLAVE

Recently, at the 17th Confederation of Indian Industry (CII) Exim Bank Conclave on India-Africa Growth Partnership (New Delhi, India), India has emphasized upon the need for a trade and investment agreement between India and Africa. Earlier, the Indian Vice President visited Senegal and three MoUs (Memorandums of Understanding)for cultural exchange, cooperation in youth matters and …

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DIGI YATRA

Recently, the Consultative Committee meeting of the Ministry of Civil Aviation was held in New Delhi to discuss ‘DIGI YATRA’. It is a project conceived to achieve contactless, seamless processing of passengers at Airports, based on Facial Recognition Technology (FRT). The project envisages that any traveller may pass through various checkpoints at the airport through a paperless …

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ESZ NOTIFICATION

Farmers in Kerala are protesting against Supreme Court’s order to establish Eco-Sensitive Zones (ESZs). The SC has directed to have a mandatory ESZ of minimum one kilometre measured from the demarcated boundary of every protected forest, including the national parks and wildlife sanctuaries. The Kerala State Assembly demands the Centre to notify the zones by …

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DISASTER RISK REDUCTION 2022

Recently, the Global Platform for Disaster Risk Reduction, 2022 (GP DRR 2022) took place in Indonesia. The outcome was summarised in the Bali Agenda for Reilience From Risk to Resilience: Towards Sustainable Development For All in a Covid-19 Transformed World. It was the first global gathering for disaster risk reduction (DRR) actors since the Covid …

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NEW PARLIAMENT BUILDING

The Prime Minister of India unveiled the 6.5 metre-tall National Emblem on top of the under-construction new Parliament building recently. The State Emblem of India is the national emblem of the Republic of India and is used by the union government, many state governments, and other government agencies. History: The State emblem is an adaptation from …

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BAN ON CRYPTOCURRENCY

The Reserve Bank of India (RBI) has recommended a ban on cryptocurrencies citing ‘destabilising effects’ for the country’s monetary and fiscal health. China has declared all cryptocurrency transactions illegal, effectively imposing a complete ban, whereas El Salvador has permitted Bitcoin as legal tender. At the moment, there is no legislature that covers cryptocurrencies in India. In India, owning cryptocurrencies …

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UBER FILES

The recent ‘Uber Files’ reveal that the company had deployed kill switches, purportedly to destroy sensitive data that could have been legitimately accessed by police and officials. A kill switch is a mechanism used to shut down or disable a device or program. In the manufacturing sector, they are deployed …

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IMAGES FROM JAMES WEBB SPACE TELESCOPE’S FIRST IMAGES

Recently, National Aeronautics and Space Administration’s (NASA) released a set of images and science products of five different regions of the sky, taken with the James Webb Space Telescope. It includes a galaxy cluster which appeared 4.6 billion years ago. It is the deepest and finest infrared image of some of the most distant …

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FOREX INFLOWS

Recently, Reserve Bank of India (RBI) has undertaken measures to enhance forexinflows, amid Depreciation of Indian rupee. Why has the RBI taken Measures to Boost Forex? The rupee has depreciated by 4.1 % against the US dollar during the current financial year (2022-23) so far amid the ongoing geopolitical tensions. Indian Rupee has depreciated 4.1 % to 79.30 against the …

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INDIA AND BELARUS RELATION

India congratulated Belarus for celebrating its 78 years of Independence on 3rd July 2022. India’s relations with Belarus have been traditionally warm and cordial. India was one of the first countries to recognize Belarus as an independent country in 1991 after the break-up of the Soviet Union. The cooperation between the two countries …

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