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Khorlochhu Hydropower Project

Khorlochhu Hydropower Project: Tata Power has commenced construction on the Rs 6,900 crore Khorlochhu Hydropower Project in Bhutan, with commissioning expected by 2029. Khorlochhu Hydropower Project situated on the Kholongchhu River in Eastern Bhutan’s Trashiyangtse district, the project seeks to meet Bhutan’s rising electricity demands and aid India’s renewable energy transition. It is the first-ever […]

Viksit Bharat 2047

Viksit Bharat 2047: India aims for developed nation status by 2047 under the Viksit Bharat vision. However, challenges like slower growth, high taxes, and declining foreign investments risk hindering progress. Targets of India for Viksit Bharat 2047: Economic Growth: Achieve a sustained GDP growth rate of 7-8% annually. Social Equity: Eradicate poverty, ensure universal healthcare, […]

De-dollarisation

De-dollarisation: RBI Governor Shaktikanta Das clarified that India is not taking steps toward de-dollarisation despite discussions within BRICS about a common currency to reduce reliance on the U.S. dollar. The process of reducing reliance on the U.S. dollar in international trade and reserves to mitigate risks associated with currency volatility. Countries like China and Russia […]

Nafithromycin

Nafithromycin: India has achieved a groundbreaking milestone in the fight against antimicrobial resistance (AMR) with the development of Nafithromycin, the country’s first indigenous macrolide antibiotic. Developed by: Wockhardt Ltd., with support from the Biotechnology Industry Research Assistance Council (BIRAC) under the Biotech Industry Program. Aim: To combat Community-Acquired Bacterial Pneumonia (CABP) and address infections caused […]