Ransomware Attack Disrupts Bank Operations: A ransomware attack severely disrupted the operations of at least 150-200 cooperative banks and Regional Rural Banks (RRBs) in India. The National Payments Corporation of India (NPCI) has identified the attack, which has primarily affected banks serviced by C-Edge Technologies Ltd., a joint venture between Tata Consultancy Services Ltd. (TCS) […]
Day: August 3, 2024
Bharatiya Vayuyan Vidheyak 2024
Bharatiya Vayuyan Vidheyak 2024: The Bharatiya Vayuyan Vidheyak is set to replace the British Era Aircraft Act 1934 The Act has been amended multiple times to enhance safety, and oversight, and align with international conventions, creating ambiguities and confusion for stakeholders. Important Provisions: Revised Aircraft Definition: Balloons and gliders were removed from the definition. Empowerment […]
Fully Accessible Route (FAR) : RBI
Fully Accessible Route (FAR) : RBI The Reserve Bank of India’s (RBI) recent decision to exclude new 14-year and 30-year government securities (G-Secs) from the Fully Accessible Route (FAR) may unsettle bond markets, potentially causing yield spikes for these securities. Experts warn that this exclusion could erode investor confidence, reduce participation, and increase yields due […]
mRNA Vaccine Development Against Human Avian Influenza (H5N1)
mRNA Vaccine Development Against Human Avian Influenza (H5N1): A new initiative to develop and distribute mRNA vaccines for human avian influenza (H5N1) in low- and middle-income countries (LMICs), in collaboration with the World Health Organization (WHO) and the Medicines Patent Pool (MPP). The project is part of the mRNA Technology Transfer Programme, established in 2021 […]
Krishna Raja Sagar (KRS) Dam
Krishna Raja Sagar (KRS) Dam: Karnataka has begun releasing Cauvery water to Tamil Nadu from the Krishna Raja Sagar (KRS) dam and Kabini reservoir, following a directive from the Cauvery Water Management Authority (CWMA). Krishnaraja Sagar (KRS) Dam is on the river Kaveri and tributaries Hemavathi and Lakshmana Theertha in Mandya, Karnataka. Named after Maharaja […]
