Davis Strait: A microcontinent has been recently discovered in the Davis Strait, between Canada and Greenland. The discovery was made around the Davis Strait, a large stretch of water located between Canada’s Baffin Island and Greenland. The strait was formed millions of years ago when the tectonic plates between the two islands shifted, reconfiguring the […]
Day: July 19, 2024
Asian Development Bank
Asian Development Bank: The Asian Development Bank (ADB) recently retained India’s GDP growth forecast for the current financial year at 7%. Asian Development Bank (ADB) is a multilateral development bankestablished on 19th December 1966. It is the principal international development finance institution for the Asia-Pacific It envisions a prosperous, inclusive, resilient, and sustainable Asia and […]
INS Teg
INS Teg: The Indian warship INS Teg has rescued nine sailors, including eight Indians and one Sri Lankan, who were on board the Comoros-flagged oil tanker, MT Falcon Prestige, that had capsized recently off the Oman coast. INS Teg is the first of three guided missile frigates of the modified INS Talwar-class that India commissioned […]
National Bank For Financing Infrastructure And Development : Increase The Capital Base
National Bank For Financing Infrastructure And Development : Increase The Capital Base The government wants to increase the capital base of the National Bank for Financing Infrastructure and Development, or NaBFID, to 1 trillion through support from banks. National Bank for Financing Infrastructure and Development was set up in 2021, by an Act of the […]
Chagos Archipelago
Chagos Archipelago: The external affairs minister said that India will continue supporting Mauritius on the issue of the Chagos Archipelago in line with its stand on decolonization. Chagos Archipelago is an island group located in the central Indian Ocean and is about 1,000 miles (1,600 km) south of the southern tip of the Indian subcontinent. […]
