Sweden Joined Artemis Accords: Sweden joined the Artemis Accords, becoming the 38th country to do so. These non-binding arrangements aim to establish norms for outer space activities. The Artemis Accords are non-binding principles based on the Outer Space Treaty (OST) of 1967, aiming to guide civil space exploration in the 21st century. They are a […]
Category: Current Affairs
World Craft City (WCC) Title
World Craft City (WCC) Title: Srinagar is being considered for the prestigious World Craft City (WCC) title by the World Crafts Council International (WCCI). The World Craft City (WCC) initiative was launched in 2014 by the World Crafts Council International (WCCI), a Kuwait-based organization. It acknowledges the contributions of local authorities, craftspeople, and communities to […]
Green Credit Program : Update
Green Credit Program: The Ministry of Environment Forest and Climate Change(MoEFCC) has clarified that under the Green Credit Program(GCP) primacy must be accorded to restoring ecosystems over merely tree planting. Green Credit Program (GCP) is an innovative market-based mechanism designed to incentivize voluntary environmental actions across diverse sectors, by various stakeholders like individuals, communities, private […]
Advance Pricing Agreement : CBDT
Advance Pricing Agreement : CBDT The Central Board of Direct Taxes (CBDT) has achieved a remarkable milestone by signing 125 Advance Pricing Agreements (APAs) during the fiscal year 2023-24. This surge in APA signings underscores the growing importance of transfer pricing regulations and the efforts to provide certainty to taxpayers. In an additional development, India […]
Euvichol-S : New Oral Vaccine For Cholera
Euvichol-S : New Oral Vaccine For Cholera The World Health Organization (WHO) has prequalified a new oral vaccine for Cholera called Euvichol-S. Euvichol-S is the inactivated oral vaccine to treat It is the third product of the same family of vaccines which are there for cholera in WHO prequalification list. It is a simplified formulation […]
Llama 3 : Meta
Llama 3 : Meta Meta introduced its most capable Large Language Model (LLM), the Meta Llama 3. Llama 3 or Large Language Model Meta AI is a family of LLMs introduced by Meta AI in February 2023. It is claimed to be the most sophisticated model with significant progress in terms of performance and AI […]
Global Financial Stability Report : IMF
Global Financial Stability Report : IMF The International Monetary Fund (IMF) released the latest global financial stability report. Highlights of the report: It has warned about the risks to the global financial system from persistent high inflation, rising lending in the unregulated credit market, and increasing cyber-attacks on financial institutions. Geopolitical risks such as the […]
Global Mass Coral Bleaching
Global Mass Coral Bleaching: The US National Oceanic and Atmospheric Administration (NOAA) said the fourth global mass coral bleaching event has been triggered by extraordinary ocean temperatures. Corals are essentially animals, which are sessile, meaning they permanently attach themselves to the ocean floor. They share a symbiotic relationship with single-celled algae called zooxanthellae. The algae […]
Soil Acidification : Report
Soil Acidification : Report Recent report highlighted that over 30 per cent of cultivable land in India is said to carry acidic soil which is impacting plant growth. Soil Acidification is a process where the soil pH decreases over time. This process is accelerated by agricultural production and can affect both the surface soil and […]
Longevity India Initiative : IISc
Longevity India Initiative : IISc The Indian Institute of Science (IISc) launched the Longevity India Initiative. Longevity India Initiative is a project focused on efforts to extend human ‘healthspan’ and tackle ageing-related challenges. It has also started a large-scale clinical study that will involve researchers from multiple IISc departments, clinicians, industry, philanthropists and civil society. […]
