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Special Drawing Rights (SDR)

Special Drawing Rights (SDR): The International Monetary Fund (IMF) has made an allocation of Special Drawing Rights (SDR) 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India. Now, the total SDR holdings of India stand at SDR 13.66 billion. Special Drawing Rights (SDR): The SDR is neither a currency nor […]

India – Algeria: Maiden Navy Exercise

Maiden Navy Exercise: India-Algeria: The Indian and Algerian navies participated in a maiden naval exercise off the Algerian coast in a bid to increase maritime cooperation. The naval exercise with Algeria is crucial for India as it is strategically located in the Maghreb region (region of North Africa bordering the Mediterranean Sea) and is the […]

Deepor Beel: Assam

Deepor Beel In News :Assam: Degradation of Assam’s Deepor Beel due to anthropogenic forces Human activities which have caused this destruction– dumping of garbage, construction of roads and railways, construction of warehouses, tourism activities This degradation has caused death of elephants in railway accidents, fewer elephants visiting the wetland due to deteriorating quality of water […]

Irrawaddy Dolphin: Chilika Lake

Irrawaddy Dolphin Found Dead In Chilika Lake: Irrawaddy dolphin found dead in Chilika Lake. This is the 8th dolphin death in Odisha in 8 months. About Irrawaddy Dolphins Irrawaddy dolphins fall under Schedule I of the Indian Wildlife (Protection) Act, 1972 and mentioned in the International Union for the Conservation of Nature (IUCN) Red List […]

Fukutoku-Okanoba Submarine Volcano

The Fukutoku-Okanoba Submarine Volcano Exploded: The Fukutoku-Okanoba Submarine Volcano exploded in the Pacific Ocean, off Japan. Earlier, a surge of Earthquakes and the ground swelling was noticed at Hawaii’s Kilauea Volcano. It is situated about 25 metres below the sea, five kilometres north of Japan’s South Iwo Jima Island. The plume reached a height of […]

World Heritage Convention

World Heritage Institute Of Training and Research – Asia Pacific: The World Heritage Institute of Training and Research – Asia Pacific (WHITR-AP) has recognised CEPT (Centre for Environmental Planning and Technology, Gujarat) University’s programme in conservation and regeneration as a commended case of Global Innovation on World Heritage Education. The World Heritage Education Programme was […]

Loan Guarantee Scheme For Covid-affected Sectors (LGSCAS)

Loan Guarantee Scheme For Covid-affected Sectors (LGSCAS): The Finance Minister has asked all stakeholders to conclude Rs 50,000 crore Loan Guarantee Scheme for Covid-Affected Sectors (LGSCAS) in non-metros in time to deal with any future third wave. The LGSCAS scheme is aimed at boosting medical infrastructure in the country, specifically targeting underserved areas. The scheme […]

Draft E-Commerce Rules, 2021.

Draft E-Commerce Rules, 2021.: Amid criticism from industries and some sections of government, the Department of Consumer Affairs is learnt to be revisiting some provisions pertaining to draft e-commerce rules, 2021. Earlier, the Ministry of Consumer Affairs, Food, and Public Distribution notified and made effective the provisions of the Consumer Protection (E-Commerce) Rules, 2020 under […]

China’s New Sea-Road-Rail Link To Indian Ocean

China’s New Sea-Road-Rail Link To Indian Ocean: A new sea-road-rail link providing Chengdu (China) with access to the Indian Ocean via Yangon (Myanmar) was opened. The trade corridor is China’s first to link western China with the Indian Ocean. About New Trade Corridor: The new trade corridor passage connects the logistics lines of Singapore, Myanmar […]