What Is a Bad Bank? The Ministry of Finance has announced that the National Asset Reconstruction Company (NARCL) along with the India Debt Resolution Company (IDRCL) will take over the first set of bad loans from banks and try to resolve them. The health of the balance sheets of Indian banks has improved significantly over […]
Category: Current Affairs
Ban On Use Of Coal In Delhi-NCR
Ban On Use Of Coal In Delhi-NCR: The Commission for Air Quality Management (CAQM) has issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the entire Delhi-NCR region from 1st January 2023. This step is taken to bring down greenhouse gas emissions in Delhi NCR. Delhi is among […]
Australia India Water Security Initiative (AIWASI)
Australia India Water Security Initiative (AIWASI): The Union Cabinet has approved a MoU (Memorandum of Understanding) between India and Australia on Technical Cooperation for Australia –India water Security initiative (AIWASI). AIWASI is a project Under South Asia Water Security Initiative (SAWASI) of Department of Foreign Affairs and Trade (DFAT), Australia. It aims to work towards […]
PD1 Therapy For Cancer
PD1 Therapy For Cancer: In a medical trial in the USA, 12 patients were completely cured of rectal cancer without requiring any surgery or chemotherapy. The trial used a monoclonal antibody dostarlimab every three weeks for six months for the treatment of a particular kind of stage two or three rectal cancer. The study was […]
Unified Geologic Map Of The Moon
Unified Geologic Map Of The Moon: The United States Geological Survey (USGS) in partnership with National Aeronautics and Space Administration (NASA) and the Lunar Planetary Institute has released a new comprehensive map of the Moon, called the ‘Unified Geologic Map of the Moon’. The new map showcases the Moon in a 1:50,00,000-scale size, and is […]
Growing Demand For Lithium
Growing Demand For Lithium: With the EV industry growing rapidly, the demand for lithium, an essential resource for EV battery makers, has surged along. It is estimated that if the entirety of ore from the African mines are extracted, it will be sufficient to meet the demand for at least 27.78 million vehicles with 60 […]
Survey To Count Elephants And Big Cats
Survey To Count Elephants And Big Cats: The government of India, for the first time this year, will present a unified count of the tiger, leopard and elephant populations of the country. Given that 90% of the area occupied by elephants and tigers is common, and once estimation methods are standardised, having a common survey […]
Jan Samarth Portal
Jan Samarth Portal: Prime Minister Narendra Modi urged bank chiefs to make it easier for people to get loans through the new Jan Samarth portal, a repository of a dozen credit-linked government schemes. He said the new portal would make life easier for farmers, students and entrepreneurs as they could assess which scheme worked best […]
Etalin Hydro Power Project
Etalin Hydro Power Project: Wildlife scientists and conservationists in Arunachal Pradesh flagged threats to local biodiversity from the proposed Etalin hydroelectric (3,097 MW) project in Dibang Valley. To raise the issue,they approached the Forest Advisory Committee (FAC) under the Union Ministry of Environment, Forest and Climate Change (MoEF&CC). WildLIfe Institute of India (WII) and the […]
Environment Performance Index 2022
Environment Performance Index 2022: In the recently released Environment Performance Index-2022, India was at the bottom among 180 The Environment Performance Index (EPI) is an international ranking system that measures environmental health and sustainability of countries. The EPI, a biennial index, was started in 2002 as Environmental Sustainability Index by the World Economic Forum in […]
