India’s Sovereign Rating: According to the S&P Global Ratings, India’s sovereign rating will remain unchanged at the current level of BBB- for the next two years despite the potential adverse impact of a surging pandemic on its economy. S&P is one of the largest credit rating agencies, assigning letter grades to companies and countries and […]
Category: Current Affairs
Global Methane Assessment : Mitigating Methane Emissions
Global Methane Assessment: Benefits And Costs Of Mitigating Methane Emissions: A report, titled Global Methane Assessment: Benefits and Costs of Mitigating Methane Emissions suggested that the world needs to dramatically cut methane emissions to avoid the worst of climate change. The report was released by the Climate and Clean Air Coalition and the United Nations […]
What is Covid Beep?
COVID BEEP: Union Minister of Atomic Energy, Dr Jitendra Singh recalled the launch of COVID BEEP in June 2020 to supplement the Country’s COVID infrastructure to fight the pandemic. The COVID BEEP system has been developed by the Department of Atomic Energy (DAE) in collaboration with IIT Hyderabad and ESIC Medical College Hyderabad. It was […]
What is Pitch-Siding?
Pitch-Siding: During a match in the Indian Premier League (IPL), the Board of Control for Cricket in India’s (BCCI) Anti-Corruption Unit nabbed two individuals for allegedly pitch-siding or court-siding. Pitch or court-siding is having somebody inside a sports venue and passing on immediate match-related updates to a bookie, who can use that information to change […]
WAG 12 B Locomotive: Indian Railways
WAG 12 B Locomotive: Indian Railways: Indian Railways inducts 100th 12000 HP WAG 12 B Locomotive The loco is named WAG 12 B with the number 60100. The locomotive is manufactured by Madhepura Electric Locomotive Pvt. Ltd. (MELPL). These locomotives are state-of-the-art IGBT-based, 3 phase drive, and 12000 horsepower electric locomotive. These high horsepower locomotives […]
Report On Social Stock Exchanges
Report On Social Stock Exchanges: A technical group on Social Stock Exchanges (SSEs), constituted by the Securities and Exchange Board of India (SEBI), has submitted its report. SEBI set up the technical group in September 2020 under the chairmanship of Harsh Bhanwala, former chairman of NABARD. Earlier, a Working Group (WG) on the SSE, chaired […]
Facebook’s Oversight Board
Facebook’s Oversight Board: Facebook’s Oversight Board has upheld the social media network’s decision on January 7 to block the then-U.S. President Donald Trump from its platform. The Oversight Board has been set up as an independent body that will help Facebook figure out what content can be allowed on the platform and what ought to […]
NPCI on Cryptocurrency Transactions
Cryptocurrency Transactions: National Payments Corporation of India (NPCI) has refused to ban cryptocurrency transactions. Further, it has put the onus on banks whether to ban transactions of cryptocurrency trades or not. It told banks to make a decision based on the advice of their legal and compliance departments. The National Payments Corporation of India (NPCI) […]
Supreme Court On Plea Made By The Election Commission Of India To Restrain The Media
The Supreme Court Has Declined A Plea Made By The Election Commission Of India To Restrain The Media: The Supreme court has declined a plea made by the Election Commission of India to restrain the media from reporting oral remarks made by a Division Bench of the Madras High court. The HC judges had said […]
New Data About Venus
New Data About Venus: Scientists have obtained new data about Venus by bouncing radio waves off Venus. The researchers transmitted radio waves toward Venus 21 times from 2006 to 2020 from NASA’s Goldstone Antenna in the Mojave Desert of California and studied the radio-echo, which provided information on certain planetary traits. Latest findings: The study […]