GS3

Recently, the Defence Research and Development Organisation (DRDO) successfully test-fired the new generation nuclear-capable ballistic missile ‘Agni Prime’. This is the second test of the missile, the first test took place in June 2021. The Agni-P missile aims to further strengthen India’s credible deterrence capabilities. Important points: Agni-P is a …

Recently, the Securities and Exchange Board of India (SEBI) has issued a discussion paper on regulating Algorithmic or Algo Trading, or trades generated out of automatic execution and logic. Algo Trading Almost everything in the digital world is based on algorithms. Algorithms leverage user data, behaviour and usage patterns, and …

Recently, the Ministry of Electronics and Information Technology (MeitY) has approved a comprehensive Program for the Development of Semiconductors and Display Manufacturing Ecosystems in the country. The government proposes to provide incentives worth Rs 76,000 crore for the development of semiconductors and display manufacturing ecosystems over the next six years. …

Recently, the Biological Diversity (Amendment) Bill, 2021 was tabled in the Parliament. The amendments seek to decriminalise certain provisions and bring more foreign investments in the chain of biological resources, including research, patent and commercial utilisation, without compromising the national interest. However, opposition parties have cited concerns over the bill …

Recently, the Centre has given in-principle (first step) approval for setting up of six nuclear power reactors at Jaitapur in Maharashtra. The Jaitpur Project is a key component of the strategic partnership between India and France. Nuclear Power Nuclear power is clean and environment friendly, apart from having a “huge …

Recently, the Cabinet Committee on Economic Affairs (CCEA) approved the extension of the Pradhan Mantri Krishi Sinchayee Yojna (PMKSY) till 2026, with an outlay of Rs 93,068 crore. The government also approved the Accelerated Irrigation Benefit Programme (AIBP), Har Khet ko Pani (HKKP), and watershed development components of the PMKSY …

Recently, the government has decided to have a relook at some key aspects of Banking Laws (Amendment) Bill 2021 – which aims to Privatise Two Public Sector Banks (PSBs) – during the Winter session of Parliament. In the last session, the government passed a bill that will allow the privatisation …

Recently, National Thermal Power Corporation Ltd has awarded the country’s first green hydrogen microgrid project at its Simhadri (near Visakhapatnam) plant in Andhra Pradesh. Important points: This unique project configuration is designed in-house by NTPC. It would be a precursor to large-scale hydrogen energy storage projects. It is in line …

Recently, India and Russia opposed a United Nations Security Council (UNSC) draft resolution on climate change. The resolution was co-sponsored by Ireland and Niger and it was first proposed by Germany in the UNSC in 2020. It was supported by 113 UN member countries (of a total of 193), which …

Recently, the DRDO (Defence Research and Development Organization) successfully test fired the Pinaka Extended Range (Pinaka-ER) Multiple Launch Rocket System (MLRS). Earlier, the DRDO also launched the Supersonic Missile Assisted Torpedo System (SMART). Important points: The Pinaka, a Multi-Barrel Rocket-Launcher (MBRL) system named after Shiva’s bow, can fire a salvo …