Suez Canal :Increased Transit Fees Cash-strapped Egypt has increased transit fees for ships passing through the Suez Canal with hikes of up to 10%. The Suez Canal is an artificial sea-level waterway running north to south across the Isthmus of Suez in Egypt, to connect the Mediterranean Sea and the Red Sea. The canal separates […]
Global Chip Shortage: Russia-Ukraine Crisis
Global Chip Shortage: Amid Ongoing Russia-Ukraine Crisis Russia and Ukraine are important centres of the global semiconductor supply chain, providing rare metals like palladium, and gases like neon, that are needed in the production of the silicon wafers present in almost all modern devices and equipment. Amid the ongoing Russia-Ukraine crisis, it is expected that […]
Artemis 1 Program Launch Date
Artemis Program: NASA’s first crewed landing of the Artemis program on the moon is expected to take place in 2026. Meanwhile, NASA will launch Artemis 1 in May 2022. NASA said it needed time to develop and test the human landing system and NASA’s next generation spacesuits. Artemis stands for Acceleration, Reconnection, Turbulence and Electrodynamics […]
CAATSA Waiver
CAATSA Waiver: With tensions escalating between Russia and the West over the Ukraine crisis, India, which has major defence cooperation with Moscow and also with Kyiv, faces uncertainty over timely deliveries in the near future in addition to the lingering threat of U.S. sanctions under CAATSA (Countering America’s Adversaries Through Sanctions Act) over the S-400 […]
Daily Current Affairs for UPSC IAS: 2nd March 2022
Today Current Affairs: 2nd March 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
IPCC Report on Climate Hazard
IPCC Report: The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C, and even temporarily exceeding this warming level would mean additional, severe impacts, some of which will be irreversible, according to a report by the Intergovernmental Panel on Climate Change (IPCC). Human-induced climate change, including more […]
Indian Economic Growth Estimation 2022
Indian Economic Growth Estimation: India’s gross domestic product (GDP) is estimated to grow at 8.9% in 2021-22 instead of the 9.2% estimated earlier, with year-on-year growth during October-December 2021 slipping to 5.4% from 8.5% in the previous quarter, as per the second advance national income estimates released. Gross Value-Added (GVA) in the economy is […]
International Monsoons Project Office (IMPO)
International Monsoons Project Office (IMPO): Union Minister of Earth Sciences Dr. Jitendra Singh launched the International Monsoons Project Office (IMPO) on the occasion of National Science Day 2022. The International Monsoons Project Office (IMPO) will be hosted at the Indian Institute of Tropical Meteorology (IITM), Pune, an institution under the Ministry of Earth Sciences, […]
National Science Day 2022
National Science Day: National Science Day was celebrated on February 28, 2022. The day is celebrated every year on 28th February to commemorate the discovery of the ‘Raman Effect’. On this day, Indian Physicist Sir C.V. Raman announced the discovery of the ‘Raman Effect’ for which he was awarded the Nobel Prize in 1930. […]
Ukraine: Application Before ICJ
Ukraine Has Filed An Application Before ICJ: Ukraine has filed an application before the International Court of Justice (ICJ), instituting proceedings against the Russia concerning “a dispute relating to the interpretation of the 1948 Convention on the Prevention and Punishment of the Crime of Genocide” (the “Genocide Convention”). Ukraine has accused Russia of falsely […]
