Bio-RIDE Scheme: The Union Cabinet, chaired by the Prime Minister of India approved continuation of the two umbrella schemes of Department of Biotechnology (DBT), merged as one scheme-‘Biotechnology Research Innovation and Entrepreneurship Development (Bio- RIDE). It is designed to foster innovation, promote bio-entrepreneurship, and strengthen India’s position as a global leader in biomanufacturing and biotechnology. […]
National Board For Wildlife
National Board For Wildlife: The standing committee of the NBWL (SC-NBWL) recently cleared projects such as a transmission line in Little Rann of Kutch, a controversial transmission line project in Goa’s Mollem national park, among others. National Board for Wildlife (NBWL) is a statutory board constituted by the Central Government under the Wild Life (Protection) […]
Swabhav Swachhata Sanskaar Swachhata (4S)
Swabhav Swachhata Sanskaar Swachhata (4S): Swabhav Swachhata Sanskaar Swachhata (4S) 2024 campaign was initiated in New Delhi as the theme of Swachh Bharat Mission (SBM) 2024. Under this, the Central Government is aiming for the time-bound and targeted transformation of highly challenging and unsanitary locations. A key highlight of the campaign is the introduction of […]
Navika Sagar Parikrama II
Navika Sagar Parikrama II: The Indian Navy announced the second women circumnavigation expedition and unveiled the expedition logo. Two Indian Navy women officers, Lt Cdr Roopa A and Lt Cdr Dilna K, will embark on a globe-circumnavigating expedition known as Navika Sagar Parikrama II, onboard INSV Tarini. Women Navy officers are being guided by Cdr […]
Pradhan Mantri Annadata Aay SanraksHan Abhiyan
Pradhan Mantri Annadata Aay SanraksHan Abhiyan: The Union cabinet recently extended the PM-AASHA price support scheme in agriculture till 2025-26.It is an umbrella scheme aimed at ensuring remunerative prices to the farmers for their produce.
Real Estate Investment Trusts
Real Estate Investment Trusts: The Indian REITs Association (IRA) recently launched Data Benchmarking Institutions (DBIs) to provide investors with detailed information on real estate investment trusts (REITs).REITs are companies that own or finance income-producing real estate across a range of property sectors.It allows investors to pool their funds and invest in various real estate projects. […]
5th Asian Champions Trophy 2024
5th Asian Champions Trophy 2024: The Indian men’s hockey team won the 5th Asian Champions Trophy 2024 in China by defeating China 1-0 in the final.India has won the most Asian Men’s Hockey Champions Trophy titles with 5, while Pakistan has won 3, including one shared with India. India’s Harmanpreet Singh is the second-highest goal […]
India is set to become the Third-largest Economy by 2030-31
India is set to become the Third-largest Economy by 2030-31: India is on track to become the third largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7%, the credit rating agency S&P Global said in its report called India forward Emerging Perspectives.
India Becomes 6th Largest Market in MSCI ACWI
India Becomes 6th Largest Market in MSCI ACWI: India has now become the sixth largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China and narrowly behind France. As of August 2024, India’s weight in the index stands at 2.35%, surpassing China’s 2.24%, with France just 3 basis points ahead […]
India’s exports to China contracted by 22.44% to $1 billion in August
India’s exports to China contracted by 22.44% to $1 billion in August: India’s exports to China contracted by 22.44% to $1 billion in August, while overall exports declined 9% to $34.7 billion, driven by muted demand, geopolitical issues, and logistics challenges amid a massive slowdown in China.
