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ELECTORAL BONDS

While Mumbai, Kolkata and Hyderabad saw the sale of most electoral bonds since they came into existence in 2018, a significant majority of these were encashed in New Delhi followed by Hyderabad and Kolkata out of 20 Indian cities over the entire sale period of their 22 tranches, according to …

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INDIA’S FIRST PRIVATE SPACE LAUNCHPAD

Agnikul, the Chennai-headquartered space tech start-up, has established India’s first-ever launchpad for a private launch vehicle at Sriharikota. It was inaugurated recently by S. Somanath, Chairman of Indian Space Research Organisation (ISRO) and Secretary of the Department of Space. “The first exclusive launchpad for a private launch vehicle has come …

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RADIO TELESCOPE SARAS 3

SARAS 3, a radio telescope designed and built at the Raman Research Institute (RRI) here, has provided clues to the nature of the universe’s first stars and galaxies. Using data from the telescope which has been deployed over the Dandiganahalli Lake and Sharavati backwaters since 2020, astronomers and researchers have …

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“AUSTRA HIND – 22”

The bilateral training exercise “AUSTRA HIND 22” between contingents of the Indian Army and the Australian Army is scheduled to take place at Mahajan Field Firing Ranges (Rajasthan) from 28 November to 11 December 2022. This is the first exercise in the series of AUSTRA HIND with participation of all …

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COP27 AND THE AMBIGUITY ABOUT RESPONSIBILITY

This year, at COP27 in Egypt, a dizzying array of topics was on the table for discussion — from the more familiar emissions reductions to the more detailed rules to govern carbon markets. But of significance to developing countries, India included, are the stories to do with climate finance. As …

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RUSSIA OFFERS ADVANCED FUEL OPTION FOR KUDANKULAM PLANT

The Russian state-owned nuclear energy corporation Rosatom has offered a more advanced fuel option to India’s largest nuclear power station at Kudankulam, which will allow its reactors to run for an extended two-year cycle without stopping to load fresh fuel. Rosatom’s nuclear fuel division, TVEL Fuel Company, is the current …

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STATES ASK CENTRE TO CURB ITS CESS HABIT

Several States, including some governed by the BJP, on Friday urged the Centre to rein in its reliance on raising revenues through cesses and surcharges which reduce their share in the divisible pool of taxes. They also sought greater fiscal support to help revive the economy and reiterated demands for …

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GOVT. FORMS PANEL TO LOOK INTO MGNREGA’S EFFICACY

The Central government has constituted a committee to review the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme, especially to assess the programme’s efficacy as a poverty alleviation tool. The committee, headed by former Rural Development secretary Amarjeet Sinha, had its first meeting on Monday, and …

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PRECISION FARMING DEVELOPMENT CENTRE (PFDC)

Government of India has setup 22 Precision Farming Development Centres (PFDCs) in all the agro climatic zones of the country with an aim to develop and disseminate regionally differentiated technologies on Precision Farming such as Micro Irrigation and hi-tech agriculture (vertical farming, hydroponics aeroponics, protected cultivation, plasticulture) and to maximize …

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SEBI’S PLANS TO TACKLE MARKET RUMOURS

Background: The Securities and Exchange Board of India (SEBI) on November 12 floated a consultation paper proposing measures to effectively tackle market rumours. It reviewed disclosure requirements for material events and information under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. What was the need for review? The central premise of …

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INDIA GROWTH TO SLOW TO 5.9% IN 2023

India’s economic growth is expected to slow to 5.9% in 2023, from 6.9% in 2022, Goldman Sachs said in its India 2023 outlook report. “Growth will likely be a tale of two halves, with a slower first half as the reopening boost fades, and monetary tightening weighs on domestic demand. …

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AVAILABILITY OF WHEAT AND RICE STOCKS IN INDIA

Regulation of wheat and atta exports has helped control their prices, the Union Food and Public Distribution Ministry said here on Wednesday. Food and Public Distribution Secretary Sanjeev Chopra told presspersons that the increase in the prices came down from 15% to 5% after the regulation. Chopra said the Centre decided to …

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ISRO TO LAUNCH OCEANSAT-3,

The Indian Space Research Organisation (ISRO) will launch Earth Observation Satellite-06 (EOS-06) and eight nano satellites on November 26. The Polar Satellite Launch Vehicle (PSLV-C54) will launch the satellites at 11.56 a.m. from the Satish Dhawan Space Centre in Sriharikota. The EOS-06 is a third-generation satellite in the Oceansat series. …

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CLIMATE CHANGE PERFORMANCE INDEX (CCPI, 2023)

India has been ranked amongst top 5 countries in the world, and the best among the G20 countries, based on its Climate Change performance. India jumps 2 spots higher, and is now ranked 8th as per Climate Change Performance Index (CCPI, 2023) published by German Watch, New Climate Institute and Climate …

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RBI’S CONCERNS ON SLOW DEPOSIT GROWTH

Background: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of India (RBI), met MD and CEOs of public and certain private sector banks on November 16. Acknowledging the role played by private commercial banks in supporting economic growth during the pandemic …

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EUROPE TO BE HIT HARDEST IN GLOBAL SLOWDOWN, SAYS OECD

The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with Europe hit hardest, the OECD said, adding that fighting inflation should be policymakers’ top priority. National outlooks vary widely, with the U.K.’s economy set to lag major …

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POWER REQUIREMENT OF STATES

Tamil Nadu’s power requirement is expected to touch 1,86,106 million units in 2031-32, from 1,09,914 million units in 2021-22, according to the 20thElectric Power Survey of India report from the Central Electricity Authority (CEA) that functions under the Union Ministry of Power. The CEA conducts the survey of the country …

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PM KISAN

PM KISAN Scheme is a Central Sector Scheme to supplement financial needs of land holding farmers.  Financial benefit of Rs. 6000 per year is transferred into the bank accounts of farmer families through direct benefit transfer.  Certain categories of higher economic status are excluded from the scheme. This ambitious scheme, …

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A TRANSFORMING INDIA WITH VISIONS OF 10 TRILLION-DOLLAR ECONOMY

Firefighting and fireproofing as national responses to crises are concepts that merit serious study in the emerging global geopolitical, geo-economic and security landscapes. Firefighting attaches itself to reactive responses to crises that arise from a lack of preparedness, lack of capacity, lack of national will and cohesion between different instruments …

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