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IPCC Report on Climate Hazard

IPCC Report:   The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C, and even temporarily exceeding this warming level would mean additional, severe impacts, some of which will be irreversible, according to a report by the Intergovernmental Panel on Climate Change (IPCC). Human-induced climate change, including more […]

Indian Economic Growth Estimation 2022

Indian Economic Growth Estimation:   India’s gross domestic product (GDP) is estimated to grow at 8.9% in 2021-22 instead of the 9.2% estimated earlier, with year-on-year growth during October-December 2021 slipping to 5.4% from 8.5% in the previous quarter, as per the second advance national income estimates released. Gross Value-Added (GVA) in the economy is […]

International Monsoons Project Office (IMPO)

International Monsoons Project Office (IMPO):   Union Minister of Earth Sciences Dr. Jitendra Singh launched the International Monsoons Project Office (IMPO) on the occasion of National Science Day 2022. The International Monsoons Project Office (IMPO) will be hosted at the Indian Institute of Tropical Meteorology (IITM), Pune, an institution under the Ministry of Earth Sciences, […]

Ukraine: Application Before ICJ

Ukraine Has Filed An Application Before ICJ:   Ukraine has filed an application before the International Court of Justice (ICJ), instituting proceedings against the Russia concerning “a dispute relating to the interpretation of the 1948 Convention on the Prevention and Punishment of the Crime of Genocide” (the “Genocide Convention”). Ukraine has accused Russia of falsely […]

What Are Market Infrastructure Institutions?

What Are Market Infrastructure Institutions?   Securities and Exchange Board of India (SEBI) noted that the National Stock Exchange (NSE), the country’s largest equities and derivatives exchange is a systemically important market infrastructure institution (MII). MIIs: Stock exchanges, depositories and clearing houses are all Market Infrastructure Institutions and constitute a key part of the nation’s […]

Ayushman Bharat Digital Mission: Budgetary Allocation

Ayushman Bharat Digital Mission: Budgetary Allocation:   The Union Cabinet has approved the countrywide implementation of the Ayushman Bharat Digital Mission (ABDM) with the budgetary allocation of Rs 1,600 crore for five years. Under the mission, citizens will be able to create their Ayushman Bharat health account numbers, to which their digital health records can […]

INS Visakhapatnam

INS Visakhapatnam: The India-made stealth guided-missile destroyer INS Visakhapatnam was formally affiliated to the Visakhapatnam port. This marks the formal induction of the first of the four ‘Visakhapatnam’ class destroyers. Under the P-15B (Visakhapatnam Class), a total of four warships were planned (Visakhapatnam, Mormugao, Imphal, Surat) to be inducted. It is indigenously designed by the […]

International Intellectual Property Index 2022

International Intellectual Property Index 2022:   India has improved its overall International Intellectual Property (IIP) score from 38.4% to 38.6%, and the country is ranked 43rd out of 55 countries on the International Intellectual Property Index. International Intellectual Property Index is an annual report compiled by the US Chambers of Commerce. This year (2022) the […]