Daily Archives: August 12, 2022

STRATEGIC ARMS REDUCTION TREATY

Recently, Russia suspended United Stated of America’s on-site inspections under New START Treaty with Washington due to Western sanctions and coronavirus infections. New START (Strategic Arms Reduction Treaty) was the last remaining arms reduction pact between the former Cold War rivals and caps to 1,550 the number of nuclear warheads that can be …

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EXCHANGE TRADED FUNDS

In July 2022, Gold Exchange Traded Funds (ETFs) witnessed a net outflow of Rs 457 crore as investors parked their money in other asset classes as part of their portfolio rebalancing strategy. This was in comparison to a net inflow of Rs 135 crore in June 2022. Gold ETF, which aims to track the domestic physical gold …

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ASIA MINISTERIAL CONFERENCE ON TIGER CONSERVATION

India has hosted the Pre-Summit meeting of Tiger Range Countries (TRCs). The Tiger Range Countries Summit is scheduled to be held at Vladivostok, Russia on 5th September 2022. In January 2022, the 4th Asia Ministerial Conference on Tiger conservation was held. India’s National Tiger Conservation Authority has also decided to introduce guidelines for the reintroduction of tigers that can …

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BIODIVERSITY AMENDEMENT BILL, 2021

Recently, a Joint Parliamentary Committee (JPC) that examined the Biological Diversity (Amendment) Bill 2021, has submitted its suggestions on the Bill. The JPC has accepted several amendments made by the Ministry of Environment & Climate Change (MoEFCC). The Biological Diversity Act, 2002 (BDA) was enacted to provide for the conservation of biological diversity, sustainable use of its components, …

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WORLD BIOFUEL DAY

On World Biofuel Day 2022, the government of India announced a 2nd generation (2G) ethanol plant to be set up at the Indian Oil Corporation’s refinery in Haryana. This ethanol plant will help reduce air pollution from the Delhi and the NCR region along with generating additional income and green fuel. World Biofuel Day It is celebrated every year on …

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