Overnight Index Swap: The Deputy Governor of the Reserve Bank of India (RBI) said that RBI has been reviewing the investment limit for foreign investors in the Overnight Index Swap (OIS) market. Overnight Index Swap (OIS) is a derivative instrumentwhere returns under a fixed rate asset are swapped against a pre-determined published index of a […]
Month: August 2024
Perseid Meteor Shower : In News
Perseid Meteor Shower : In News Perseid meteor shower which is this year’s most-awaited meteor shower is set to peak The name Perseid is believed to be derived from the Perseus constellation. It peaks during mid-August each year and is considered to be among the best meteor showers. Perseids, usually swift and bright, leave a […]
Seaweed Value Chain Development : NITI Aayog Report
Seaweed Value Chain Development : NITI Aayog Report NITI Aayog has laid down a comprehensive roadmap to promote seaweed cultivation in India in its report published titled “Strategy for the development of Seaweed Value Chain”. This includes steps for research, investment, training, infrastructure development, and market promotion toincrease seaweed production, which can benefit the environment, […]
Forest Clearance For Non-Foresting Activities In Wildlife Sanctuaries
Forest Clearance For Non-Foresting Activities In Wildlife Sanctuaries: The MoEFCC told the NGT that the Assam government did not obtain necessary forest clearance for non-forestry activities in the Sonai-Rupai Wildlife Sanctuary. The Ministry highlighted that such activitiesrequire approval from central govt, which was not sought. Sonai Rupai Wildlife Sanctuary, located in Assam, India, is known […]
Microwave Ovens : Microorganism Study
Microwave Ovens : Microorganism Study Microorganisms thriving in extreme environments like microwave ovens have been studied to understand their evolutionary adaptations. The dominant ones belonged to the Bacillus, Micrococcus and Staphylococcus genera, which commonly live on human skin and surfaces that people frequently touch. A few bacteria types associated with food-borne illnesses, including Klebsiella and […]
Deep Winter Heatwaves
Deep Winter Heatwaves: Antarctica has been experiencing a significant deep-winter heatwave, marking the second instance of record-breaking temperatures in two years. Ground temperatures have risen by an average of 10 degrees Celsius above normal since mid-July 2024, with some areas experiencing increases of up to 28 degrees Celsius. The polar vortex (also known as polar […]
Google Violate Anti-Trust Laws
Google Violate Anti-Trust Laws: On August 5, US District Judge Amit Mehta ruled that Google violated antitrust laws by maintaining a monopoly in “general search services” and “search text ads” through exclusive deals with companies like Apple and Samsung. Antitrust laws and regulations are designed to promote fair competition and prevent anti-competitive practices in the […]
Movie Laapataa Ladies Screened At Supreme Court
Movie Laapataa Ladies Screened At Supreme Court: Kiran Rao’s film Laapataa Ladies was screened at the Supreme Court of India recently. Laapataa Ladies, set in 2001, follows the story of two brides swapped in a train. Laapataa Ladies explores several ethical aspects through its narrative, including: The film addresses the issues of gender roles and […]
Omkareshwar Floating Solar Project
Omkareshwar Floating Solar Project: Madhya Pradesh has commissioned the largest floating solar project in central and north India, generating 90 MW at Omkareshwar. Omkareshwar Floating Solar Project is located at Omkareshwar in District Khandwa, Madhya Pradesh. The floating power plant was developed on the backwaters of Omkareshwar dam (it is a gravity dam on the […]
Tantalum : List Of 24 Minerals
Tantalum : List Of 24 Minerals The Central Government recently notified a list of 24 minerals, including Tantalum, in Part D of the First Schedule of the Mines and Minerals (Development and Regulation) Act (MMDR) Act, 1957, as Critical and Strategic minerals. Tantalum is a rare metal with the symbol Ta and atomic number 73. […]
