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Recently, the Reserve Bank of India (RBI) has put in place a mechanism to facilitate International Trade in Rupees (INR), with immediate effect. However, banks acting as authorised dealers for such transactions would have to take prior approval from the regulator to facilitate this. As per the broad framework for cross-border trade transactions …

Recently, the Commission for Air Quality Management (CAQM) has directed NCR (National Capital Region) states to adopt a standard list of approved fuels to reduce air pollution. The standard list of fuels approved by the CAQM includes petrol, diesel, hydrogen/methane, natural gas, Liquified Petroleum Gas (LPG) and electricity. Many industries shifted to cleaner fuels such as PNG (Piped Natural gas) and biomass and many …

Agricultural and Processed Food Products Development and Authority (APEDA) has devised a strategy to promote Export of Agricultural and Horticulture products grown in North-Eastern (NE) states. Created a platform in Assam for the exporters to get the products directly from the producer group and the processors. The platform will link the producers and …

Recently, the Padmaja Naidu Himalayan Zoological Park has started an ambitious programme to release 20 Red Pandas in about five years to the forests. The Singalila National Park, the highest protected area in West Bengal, will soon get new denizens. There are only two different panda species in the world, the Giant Pandas and the Red Pandas. …

According to the 2022 edition of the United Nations’ World Population Prospects (WPP), India is projected to surpass China as the world’s most populous country in 2023. The Population Division of the UN has been publishing the WPP in a biennial cycle since 1951. Each revision of the WPP provides a historical time series of …

Recently, the Government of India has launched the OALP Bid Round-VIII, offering 10 blocks for International Competitive Bidding. The Hydrocarbon Exploration and Licensing Policy (HELP) replacing the erstwhile New Exploration Licensing Policy (NELP) was approved in March 2016 and the Open Acreage Licensing Policy (OALP) along with the National Data Repository (NDR) were launched in June 2017 as …

Recently, Prime Minister Addressed a Natural Farming Conclave, where he urged farmers to take up Natural Farming. Natural Farming It is defined as a “chemical- free farming and livestock based”. Soundly grounded in agro-ecology, it is a diversified farming system that integrates crops, trees and livestock, allowing the optimum use of functional biodiversity. …

A report released by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) has stated that Sustainable use of wild species can meet needs of billions. Delegates from 140 countries came together to discuss and reach an outcome on the sustainable use of wildlife. The assessment shortlisted five categories of practices used …

Recently, Astrome has signed a contract with the Department of Telecommunication to start the pilot project called “GigaMesh Network Solution with 15 villages in India. GigaMesh, developed by Astrome, will address congestion issues in rural 4G infrastructure and provide high-tech and affordable internet connectivity. The solution has been developed by Astrome. …

Recently, various brands gathered for the founding of the Metaverse Standards Forum for the development of interoperability standards to drive the growth of the metaverse. The metaverse is not a new idea, science fiction writer Neal Stephenson coined the term in 1992, and the concept is commonplace among video game companies. Metaverse is the next …