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India has a long history of producing agricultural commodities, and has been a hub for the global spices, tea, and coffee trade for several centuries. Its scale and diversity have gone from strength to strength over the last three decades, such that the share of high-value agricultural commodities in the …

The recent decision of the U.S. Supreme Court in the Andy Warhol Foundation for the Visual Arts Inc. versus Goldsmith et al. has added more unpredictability to the process of being exempted from copyright infringement liabilities. The judgment is set to have implications for how we regulate a powerful form of artificial …

In an unprecedented situation the US government is on the verge of Defaulting on its borrowing that could potentially hit economies around the world. The US government has never defaulted, and a default could have catastrophic consequences for America and for the world. The issue was serious enough for the American President to cancel …

PM, CMs to draw up plans for developed economy status for India. India, which is the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation. With eye on achieving developed country status by 2047, Central government will seek suggestions from states to stitch together a 25-year blueprint for …

On May 10, co-legislators at the European Commission signed the Carbon Border Adjustment Mechanism (CBAM). It has been described as a “landmark tool” to put a “fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production …

Anyone who has suffered the misfortune of an amputation, and others with the imagination to conceive of such a horrible loss, might wish humans shared the famed ability of the Mexican axolotl (Ambystoma mexicanum) to regenerate their limbs. The axolotl is a species of salamander (lizard-like amphibians) originally found in …

An animal, Susan, goes about her life, doing all the things that an animal of Susan’s sort would. But while pursuing her goals, she runs into various hurdles, a few frivolous, and unimportant to her life, and a few that are more serious — an illness, a storm that wrecks …

According to World Meteorological Organization (WMO) updates lobal temperatures are likely to surge to record levels in the next five years, fuelled by heat-trapping greenhouse gases and a naturally occurring El Nino event. Details: The World Meteorological Organization is the United Nations System’s authoritative voice on Weather, Climate and Water. For the first …

India and Germany signed the Triangular Development Partner agreement in 2022. It is a joint declaration on agroecology and sustainable management of natural resources These projects aim to support sustainable development goals (SDGs) in third world countries in Asia, Africa and the Indo-Pacific. So far, New Delhi and Berlin have started work …

The government is set to introduce a second production-linked industry aimed at bolstering the local capital goods industry. The expansion of the PLI scheme for steel industry aims to support the manufacture of capital goods and critical consumables such as refractories, low carbon and low loss of ignition fluxes, rollers, …

India’s edible oil imports set for a record high. The Global prices of edible oils, which hit an all-time high after Russia’s invasion of Ukraine, have crashed. Sunflower has seen the greatest volatility in the prices in the last one year. The UN Food and Agriculture Organization’s global vegetable oils price index soared to an …

When someone artificially affects the supply or demand for a security (for e.g.  causing stock prices to rise or to fall dramatically), it is known as Market manipulation. Market manipulation may involve techniques including: Spreading false or misleading information about a company; Engaging in a series of transactions to make a security appear more actively traded. Rigging …

Generative artificial intelligence (AI) describes algorithms that can be used to create new content, including audio, code, images, text, simulations, and videos. Recent breakthroughs in the field of Generative AI have the potential to drastically change the way people approach content creation. Generative AI and transformers (that help predict the next word or a sentence) …

Centre pushes vaccination as lumpy skin ravages cattle More than 10,000 cattle have been infected with the Lumpy Skin disease in this wave of the epidemic. Uttarakhand has reported the bulk of the cases in this wave. While the Kutch region of Gujarat emerged as the epicenter of the Lumpy Skin disease outbreak last …

The Chandrayaan-3 Mission is aimed at demonstrating critical technologies to land the spacecraft on the south pole of the moon. It is a follow-on mission to Chandrayaan-2 to demonstrate end-to-end capability in safe landing and roving on the lunar surface. Chandrayaan-3 is a composite of three modules i.e., propulsion, lander and rover. The mission …

The Andhra Pradesh government has started removing “dotted lands” in the state from the prohibited list. The Andhra government has started to remove the “dotted lands” in the state from the prohibited list. This will lead to restoration of full rights of selling or pledging these lands to the farmers who own them. Over …

The World Health Organization has recommended against using artificial sweeteners WHO in a recent report has recommended against using artificial sweeteners to achieve weight loss and prevent lifestyle diseases such as diabetes. The report emphasized that while there was a need to cut intake of sugar, it should not be replaced by artificial …

The Central Government approved Rs. 17,000cr PLI scheme For IT hardware Government approved the second phase of the Production Linked Incentive or PLI scheme for IT hardware The move is aimed to accelerate domestic manufacturing of hi-tech electronics, building on efforts that catapulted India to become the second-largest mobile phone manufacturer in the …

Government amends the rules under the Foreign Exchange Management Act, to bring in the international credit card spends outside India under the Liberalized Remittance Scheme (LRS). The usage of an international credit card to make payments towards meeting expenses during a trip abroad was not covered under the LRS. The spendings through international …

RBI recently stated that some financial institutions were yet to facilitate an absolute transition away from the LIBOR benchmark. What is LIBOR? The London Interbank Offered Rate (LIBOR) is a global benchmark interest rate that combines individual rates at which banks opine they may borrow from each other at the London interbank …