Asset Reconstruction Company (ARC): The Reserve Bank of India (RBI) in its report on Asset Reconstruction Companies (ARCs) said that the growth of the ARC industry has not been consistent over time and not always been synchronous with the trends in Non-Performing Assets (NPAs) of banks and Non-Banking Financial Companies (NBFCs). However, the RBI has […]
Category: Current Affairs
My Octopus Teacher: Best Documentary Award At Academy Awards
My Octopus Teacher: The 85-minute documentary feature, My Octopus Teacher, which won the best documentary award at the recently concluded Academy Awards, is about the relationship that developed between a human being and a wild octopus. My Octopus Teacher is a 2020 Netflix Original documentary film directed by Pippa Ehrlich and James Reed, which documents […]
The Maharashtra Civil Services (Declaration of Small Family) Rule of 2005
The Maharashtra Civil Services (Declaration of Small Family) Rule of 2005: A woman officer from the Maharashtra Prison Department was dismissed from service after an inquiry revealed that she violated the Maharashtra Civil Services (Declaration of Small Family) rules because she suppressed the information from the authorities that she has three children The Maharashtra Civil […]
NavlC: Opportunities for the Telecom Industry
NavlC: National Telecommunications Institute for Policy Research, Innovation, and Training (NTIPRIT), the apex training institute of the Department of Telecommunications, Government of India conducted a webinar on April 28, 2021, on the topic “NavlC — Opportunities for the Telecom Industry” in collaboration with ISRO and Telecom Industry. NavIC (Navigation with Indian Constellation) is an autonomous […]
Aditya-L1 Support Cell
Aditya-L1 Support Cell:: Aditya-L1 Support Cell is a community service center that has been set up to bring all data onboard India’s first dedicated solar space mission to a single web-based interface. It is a joint effort of the Indian Space Research Organisation and Aryabhatta Research Institute of Observational Sciences. It will allow every interested […]
Vehicle Scrappage Policy : Latest Update
Vehicle Scrappage Policy: A Crisil Research analysis shows that the Centre’s scrappage policy is unlikely to have freight transporters queuing up to replace old vehicles with new ones. The scrappage volume of buses, passenger vehicles (PVs) and two-wheelers will be limited as well. Issues with the new policy: Limited incentive and poor cost economics for […]
Assam Earthquake : Himalayan Frontal Thrust
Assam Earthquake: A powerful earthquake measuring 6.4 on the Richter Scale jolted Assam and other parts of Northeast. According to the National Centre for Seismology (NCS) report, the tremors have been attributed to Kopili Fault zone closer to Himalayan Frontal Thrust (HFT). NCS is the nodal agency of the Government of India for monitoring earthquake […]
Python-5 Air to Air Missile : Trial
Trial Of Python-5 Air to Air Missile: DRDO conducts maiden trial of Python-5 Air to Air Missile. Tejas, India’s indigenous Light Combat Aircraft, added the 5th generation Python-5 Air-to-Air Missile (AAM) in its air-to-air weapons capability on April 27, 2021. Trials were also aimed to validate the enhanced capability of already integrated Derby Beyond Visual […]
Supply Chain Resilience Initiative (SCRI)
Supply Chain Resilience Initiative (SCRI): In a move to counter China’s dominance of supply chain in the Indo-Pacific region, trade ministers of India, Japan and Australia have formally launched the Supply Chain Resilience Initiative (SCRI). The SCRI aims to create a virtuous cycle of enhancing supply chain resilience with a view to eventually attaining strong, […]
Third Joint Logistics Node (JLN) In Mumbai.
Third Joint Logistics Node (JLN) In Mumbai.: The Chief of Defence Staff General Bipin Rawat has operationalized the third Joint Logistics Node (JLN) in Mumbai. Other operationalized JLNs are in Guwahati and Port Blair. These JLNs will provide integrated logistics cover to the Armed Forces for their small arms ammunition, rations, fuel, general stores, civil […]
