Next-Generation Corvettes: The Defence Acquisition Council (DAC) has given the Acceptance of Necessity (AoN) for procurement of next-generation Corvettes for the Indian Navy at an approximate cost of Rs 36,000 crore. A Corvette is the smallest class of naval ships and it falls below the warship class of a frigate. These are highly agile ships […]
Category: Current Affairs
FATF’s Grey List
FATF’s Grey List: Pakistan got a reprieve from the Financial Action Task Force (FATF) as FATF announced that the country could be removed from the grey list. FATF is expected to decide whether to take Pakistan off the ‘grey’ list at the end of its plenary session in Berlin in October. Pakistan has been on […]
Ban On Wheat Export From India
Ban On Wheat Export From India: The United Arab Emirates (UAE) suspended re-export of wheat and flour from grain originating in India is basically an assurance that whatever it imports will be used only for domestic consumption. The development comes a month after India banned wheat exports to meet the demand of its domestic market, […]
Barents Sea Warming
Barents Sea Warming: According to a study, it is stated that parts of the Arctic region near Norway are warming at as much as seven times the rate of warming in the rest of the world. The region around the northern Barents Sea has been warming two to two-and-a-half times the average warming of the […]
World Day To Combat Desertification And Droughts
World Day To Combat Desertification And Droughts: World Day to Combat Desertification and Drought is observed every year on 17th of June. On this day, Ministry of Environment, Forest and Climate Change (MoEF&CC) organized Desertification and Drought Day. The Union Minister released Forest Stewardship Council’s Forest Stewardship Standard for India (FSC FSSI). FSC is a […]
Holy Relics Of Lord Buddha
Holy Relics Of Lord Buddha: Four Holy Relics of Lord Buddha are being taken from India to Mongolia for an 11-day exposition to coincide with Mongolian Buddha Purnima celebrations. These relics are to be displayed at the Batsagaan Temple in Gandan Monastery complex in Ulaanbaatar. The four relics come from among 22 Buddha relics, currently […]
UNMESHA
UNMESHA: The Ministry of Culture and Sahitya Akademi are organizing Unmesha, an International Literature Festival in Shimla as part of Azadi ka Amrit Mahotsav celebrations, with the support of the Department of Art and Culture, Government of Himachal Pradesh. With over 425 writers, poets, translators, critics and distinguished personalities from various walks of life from […]
Regulation Of Bigtech And Fintech Companies : RBI
Regulation Of Bigtech And Fintech Companies : RBI RBI governor has asked for regulation of Bigtech and Fintech companies. For this, With an aim to provide secure and affordable e-payments, the Reserve Bank of India (RBI) has come up with a document ‘Payments Vision 2025’ Document ‘Payments Vision 2025’: As part of its Vision 2025, […]
24th ASEAN-India Meeting
24th ASEAN-India Meeting: The 24th ASEAN-India Senior Official’s Meeting (SOM) was hosted in Delhi. India and ASEAN celebrated the 30th anniversary of their Dialogue Relations. Earlier, the 2nd ASEAN Digital Ministers’ (ADGMIN) Meeting with India held, where two sides finalized India-ASEAN Digital work plan 2022 for future collaboration in the field. Key Highlights: The SOM […]
I2U2 Initiative
I2U2 Initiative: As part of I2U2 initiatives, India, Israel, UAE, and the US will hold its first virtual summit in July 2022. I2U2 Initiative: I2U2 was initially formed in October, 2021 following the Abraham Accords between Israel and the UAE, to deal with issues concerning maritime security, infrastructure and transport in the region. At that […]
