Regulation Of Microfinance: RBI: Reserve Bank of India has released a Consultative Document on Regulation of Microfinance. It has been released for harmonising the regulatory frameworks for various regulated lenders in the microfinance space. The key proposals of the Consultative Document are enumerated below: A common definition of microfinance loans for all regulated entities. Capping […]
Futuristic Infantry Combat Vehicles (FICVs)
Futuristic Infantry Combat Vehicles (FICVs): The Indian Army has issued a tender, or a Request For Information (RFI), for the procurement of 1,750 Futuristic Infantry Combat Vehicles (FICVs) to replace the Russian-origin infantry vehicles in service. This is the Army’s third attempt for the procurement of a new infantry vehicle. According to the RFI, the […]
Chandrayaan-2: New Developments
Chandrayaan-2: New developments: Chandrayaan-2, hovering over the Moon, has found new developments on the hot outermost layer of the bright star known as Corona. These include: Abundances of magnesium, aluminium and silicon in the solar corona. Around 100 microflares were observed, providing new insights about coronal mass heating. Reasons behind coronal heating problem: The corona […]
Shanghai Cooperation Organisation (SCO)
Shanghai Cooperation Organisation (SCO): National Security Advisor Ajit Doval has proposed an action plan against Pakistan-based terror groups Lashkar-e-Taiba (LeT) and Jaish-e-Mohammad (JeM) as part of the Shanghai Cooperation Organisation (SCO) NSAs meet. LeT and JeM have been responsible for many terror attacks in India, especially in the Union Territory of Jammu and Kashmir. JeM, […]
Task Force For Mission Karmayogi
Task Force For Mission Karmayogi: Former Infosys CEO S D Shibu Lal has been appointed chairperson of a three-member task force formed to help the government in bringing major bureaucratic reforms through its ambitious “Mission Karmayogi“. The task force has been constituted to draw a clear road map for the guidance and operationalisation of the […]
Toycathon 2021
Toycathon 2021: The Prime Minister of India urged people to be “vocal for local toys”, while interacting with the participants at the Toycathon 2021. It was a joint initiative by the Ministry of Education, WCD (Women and Child Development) Ministry, Ministry of Micro, Small and Medium Enterprises, Textile Ministry, Ministry of Information and Broadcasting and […]
Covid-19 Delta Plus Variant
Covid-19 Delta Plus Variant: The Union Ministry of Health and Family Welfare (MoHFW), has warned people against the new Covid-19 strain ‘Delta Plus’ (DP). There is fear that this new variant may spark the third wave of Covid-19. Delta plus (B.1.617.2.1/(AY.1) is a new variant of the SARS-CoV-2 coronavirus formed due to a mutation in […]
Sant Kabir Das Jayanti 2021
Sant Kabir Das Jayanti: Sant Kabir Das Jayanti was observed on 24th June, 2021 to mark the birth anniversary of Sant Kabirdas. Kabirdas Jayanti is celebrated on the Jyeshtha Purnima tithi, as per the Hindu lunar calendar. Sant Kabir Das was born in the city of Varanasi, Uttar Pradesh. He was a 15th century mystic […]
Unlawful Activities (Prevention) Act (UAPA)
Unlawful Activities (Prevention) Act (UAPA): The Delhi High Court granted bail to Jawaharlal Nehru University students Devangana Kalita and Natasha Narwal and Jamia Millia Islamia student Asif Iqbal Tanha, arrested under the Unlawful Activities (Prevention) Act (UAPA) in connection with the northeast Delhi riots in 2020. Notwithstanding the fact that the definition of ‘terrorist act’ […]
NAFED Fortified Rice Bran Oil
Rice Bran Oil: Department of Food and Public Distribution E-launched “NAFED Fortified Rice Bran Oil”. Rice bran oil is the oil extracted from the hard outer brown layer of rice called chaff (rice husk). It is known for its high smoke point of 232 °C (450 °F) making it suitable for high-temperature cooking methods such […]
