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National Consumer Disputes Redressal Commission

National Consumer Disputes Redressal Commission: The Supreme Court (SC) recently issued notice to two members of the NCDRC seeking explanation from them for issuing non-bailable warrants against the directors of a company, ignoring a previous interim order of the SC. National Consumer Disputes Redressal Commission (NCDRC) is a quasi-judicial commission in India which was set […]

Submersible Platform For Acoustic Characterisation And Evaluation

Submersible Platform For Acoustic Characterisation And Evaluation: A state-of-the-art Submersible Platform for Acoustic Characterisation and Evaluation (SPACE) was inaugurated by Secretary, Department of Defence (R&D) and Chairman DRDO in Kerala. Submersible Platform for Acoustic Characterisation and Evaluation is set up by the Naval Physical & Oceanographic Laboratory of the Defence Research and Development Organisation (DRDO). […]

Kavach Anti-Collision System : Appreciation

Kavach Anti-Collision System : Appreciation The Supreme Court appreciates steps taken by Railways to roll out Kavach anti-collision system. The KAVACH is an indigenously developed Automatic Train Protection (ATP) system by the Research Design and Standards Organisation (RDSO) in collaboration with the Indian industry. It is a state-of-the-art electronic system with Safety Integrity Level-4 (SIL-4) […]

Sovereign Green Bonds : Study

Sovereign Green Bonds : Study The Reserve Bank of India (RBI) recently green-lighted investments in the country’s Sovereign Green Bonds (SGrBs) by Foreign Institutional Investors (FIIS). A green bond is a debt security that is issued to raise capital to support climate-related or environmental projects, according to the World Bank. SGBs are issued by governments […]

Imported Inflation : ADB Warning

Imported Inflation : ADB Warning The Asian Development Bank recently warned that India could face imported inflation as the rupee could depreciate amid the rise in interest rates in the West. Imported Inflation is a general and sustainable price increase due to an increase in the costs of imported products. This price increase concerns the […]