Windfall Tax : India Cut Its Windfall Tax On Petroleum Crude India cut its windfall tax on petroleum crude to 1,700 rupees ($20.53) a tonne from 2,300 rupees a tonne, according to a recent government notification. Windfall Tax levied by governments against certain industries when economic conditions allow those industries to experience significantly above-average profits. […]
Category: Current Affairs
Gut Microbiota : Finding
Gut Microbiota : Finding Scientists are finding that the gut microbiota may be linked to heart health, some cancers, and even the colour of urine. The human gut microbiota refers to the trillions of microbes, such as bacteria, viruses, fungi, and parasites, that live in the human gut. Previously, people referred to the gut microbiota […]
Exercise Ayutthaya
Exercise Ayutthaya: The maiden Bilateral Maritime Exercise -Ayutthaya’ between the Indian Navy (IN) and Royal Thai Navy (RTN) was conducted. The IndIa-Thailand Bilateral Exercise is being named as ‘Ex-Ayutthaya’, which literally translates to ‘The Invincible One’ or ‘Undefeatable’. It symbolises the significance of two of the oldest cities Ayodhya in India and Ayutthaya in Thailand, […]
One Vehicle One FASTag Initiative
One Vehicle One FASTag Initiative: The National Highways Authority of India (NHAI) has launched the ‘One Vehicle, One FASTag’ initiative. The National Highways Authority of India suggested tagging users to complete the Know Your Customer (KYC) process by the end of January 31 to avoid deactivation. The move aims to enhance the efficiency of the […]
Multidimensional Poverty Index: NITI Ayog
Multidimensional Poverty Index: NITI Ayog The NITI Aayog has released a Discussion Paper titled-‘Multidimensional Poverty in India since 2005-06’, stating that 24.82 crore people escaped Multidimensional Poverty in the last nine years. Key Highlights of the Multidimensional Poverty Index in India Since 2005-2006: India has experienced a significant reduction in multidimensional poverty from 29.17% in […]
Excavation At Vadnagar
Excavation At Vadnagar: A joint study by the Indian Institute of Technology (Kharagpur) and Archaeological Survey of India (ASI) has found evidence of cultural continuity in Vadnagar, Gujarat, even after the Harappan collapse. The study challenges the notion of a “Dark Age” by providing evidence of cultural continuity in Vadnagar even after the collapse of […]
Ugram : Indigenous Assault Rifle
Ugram : Indigenous Assault Rifle The Defence Research and Development Organisation (DRDO) has launched an indigenous assault rifle named ‘Ugram’, intended to meet the operational requirements of armed forces, paramilitary, and state police entities. It has been developed by the Armament Research and Development Establishment (ARDE), a unit of DRDO and Hyderabad-based private firm Dvipa […]
Operation Amrith : Antimicrobial Resistance Intervention For Total Health
Operation Amrith : Antimicrobial Resistance Intervention For Total Health The Kerala Drug Control Department has initiated Operation Amrith (Antimicrobial Resistance Intervention For Total Health) to curb the overuse of antibiotics in the state. Pharmacies are required to maintain accurate records of antibiotic sales, display posters stating ‘antibiotics not sold without doctor’s prescription,’ and comply with […]
Astra Missile : Flagged Off
Astra Missile : Flagged Off The Minister of State for Defence recently flagged off the indigenously developed Astra Missiles for supply to the Indian Air Force (IAF) at Bharat Dynamics in Hyderabad. Astra is a beyond-visual-range (BVR) air-to-air missile designed to be mounted on fighter aircraft. It is indigenously developed by the Defence Research and […]
Genetic Engineering Appraisal Committee
Genetic Engineering Appraisal Committee: The Supreme Court recently questioned the Centre on why reports of the court-appointed Technical Experts Committee (TEC) on the biosafety of genetically modified (GM) crops were not looked into by the Genetic Engineering Appraisal Committee (GEAC). Genetic Engineering Appraisal Committee (GEAC) is the statutory committee constituted under the “Rules for […]