Europe’s Largest Deposit Of Rare Earth Metals: Sweden’s state-owned mining company LKAB has discovered Europe’s largest deposit of rare earth metals. The store, situated in Kiruna located in the northern region of Sweden, holds a stockpile of over 1 million metric tons of rare earth oxides. Currently, no rare earths are mined in Europe and […]
Duty Drawback Scheme
Duty Drawback Scheme: GST authorities found that exporters are misusing the government’s duty drawback scheme (DDS) by claiming it along with refunds of integrated goods and services tax (GST). Over 100 such exporters mainly in apparel, drugs, and leather have been “illegally” drawing benefits from two routes. Under this scheme, exporters are provided with a […]
4 Snow Leopards Spotted In Himachal Pradesh
4 Snow Leopards Spotted In Himachal Pradesh: Snow Leopard is found in the mountainous regions of central and southern Asia. In India, it is seen in Jammu and Kashmir, Himachal Pradesh, Uttarakhand and Sikkim and Arunachal Pradesh. The Hemis National Parkhas a good presence of Snow Leopard. They play a key role as a top […]
Mutual Fund Systematic Investment Plan (SIP) : Increase In Collection (2022)
Mutual Fund Systematic Investment Plan (SIP) : Increase In Collection (2022) Mutual Fund’s SIP collection jumps 31% to ₹1.5 lakh cr. in 2022 on account of higher retail participation, data with the Association of Mutual Funds in India (AMFI) showed. Contributions to mutual fund schemes through systematic investment plans, or SIPs, remain unfazed from the […]
Crashed Yeti Airlines Flight Black Box Found
Yeti Airlines Flight Black Box Found: Both black boxes from the crashed Yeti Airlines flight in Nepal have been discovered, Kathmandu airport officials said recently. Search teams retrieved the flight data and cockpit voice recorders of a passenger plane that plummeted into a gorge on approach to a new airport in the foothills of the […]
Daily Current Affairs for UPSC IAS: 17th January 2023
Today’s Current Affairs: 17th January 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Survival Of The Richest Report : Oxfam
Survival Of The Richest Report : Oxfam According to a new study by Oxfam International, the richest 1% of people in India now own more than 40% of the country’s total wealth, while the bottom half of the population together share just 3% of wealth. The study, titled “Survival of the Richest,” was released on […]
CII Business Confidence Index
CII Business Confidence Index: The Confederation of Indian Industry (CII) has reported that the latest CII Business Confidence Index for the October-December quarter rebounded to its highest reading in almost two years, with a value of 67.6. This is an increase from 62.2 in the previous quarter, reflecting optimism around India’s position despite rising global […]
National Startup Day 2023
National Startup Day 2023: National Startup Day is celebrated annually on January 16th in India, to recognize and promote the country’s vibrant startup ecosystem. The day is marked by a week-long event, the Startup India Innovation Week, organized by the Ministry of Commerce and Industry and the Department for Promotion of Industry and Internal Trade […]
Varuna Exercise 2023
Varuna Exercise 2023: The 21st edition of the bilateral naval exercise between India and France, Exercise Varuna, has begun on the Western Seaboard on January 16th, 2023. This edition of the exercise will see the participation of the Indian Navy’s indigenous guided missile stealth destroyer INS Chennai, guided missile frigate INS Teg, maritime patrol aircraft […]
