Vikram-Suborbital Rocket : Set To Launch ISRO is set to launch India’s first privately built rocket (Vikram-suborbital (VKS) rocket) from Sriharikota. VKS rocket is developed by the the non-government entity/startup, Skyroot Aerospace Pvt Ltd (SAPL). Apart from being the nation’s first private launch, it will also be the maiden mission of Skyroot Aerospace, named ‘Prarambh’. […]
Category: Current Affairs
What Is Moscow Format?
What Is Moscow Format? India joined the meeting of the ‘Moscow format consultations on Afghanistan’ that was in the Russian capital. The Moscow format is one of the several dialogue platforms on Afghanistan which began before the Taliban takeover of Kabul. It consists of Russia, China, Pakistan, Iran, Kazakhstan, Tajikistan, Kyrgyzstan, Uzbekistan, Turkmenistan and India. […]
Carbon Border Tax
Carbon Border Tax: India, China, Brazil, South Africa opposed ‘carbon border tax’ proposed by European Union in the 27th edition of the Conference of Parties (COP) in Sharm El Sheikh. The European Union has proposed a policy called the Carbon Border Adjustment Mechanism to tax products such as cement and steel, that are extremely carbon […]
East Asia Summit
East Asia Summit: Vice President Jagdeep Dhankhar recently addressed the East Asia Summit. Beginning in 2005, 16 participating countries comprised this grouping, with their first meeting in Kuala Lumpur, Malaysia. These members were the 10 ASEAN countries, Australia, China, India, Japan, New Zealand, and the Republic of Korea. ASEAN’s 10 member countries are Brunei, Cambodia, […]
Artemis 1 : Recent Updates
Artemis 1 : Recent Updates The National Aeronautics and Space Administration (NASA) of the United States is set to launch the Artemis-1 mission, which will take humans back to the Moon. It is only a lunar Orbiter mission even though, unlike most Orbiter missions, it has a return-to-Earth target — it is intended to lay […]
India’s Urban Infrastructure : World Bank Report
India’s Urban Infrastructure : World Bank Report According to the World Bank, India would need to invest $840 billion over the next 15 years, that is, an average of $55 billion each year, to meet the demands of its fast-growing urban population. Its latest report, titled ‘Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing […]
What Is Vostro Account?
What Is Vostro Account? The Reserve Bank of India (RBI) has allowed the opening of nine special vostro accounts in two Indian Banks (UCO Bank and IndusInd Bank) for the settlement of payments in rupee for trade between India and Russia. Russia’s two largest banks — Sberbank and VTB Bank — are the first foreign […]
Climate Change And Global Health : Lancet Countdown Report
Climate Change And Global Health : Lancet Countdown Report According to the Lancet Countdown report on Health and Climate Change: Health at the Mercy of Fossil Fuels, reliance on fossil fuels is increasing the risk of disease, food insecurity and other illnesses related to heat. Findings of the Report: Climate change affects the social and […]
Financing India’s Urban Infrastructure : World bank
Financing India’s Urban Infrastructure : World bank The report, titled “Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action” was released by the World bank. The report underlines the urgent need to leverage more private and commercial investments to meet emerging financial gaps. Highlights of the Report: India will […]
Leadership For Industry Transition (LeadIT) Summit : India And Sweden
Leadership For Industry Transition (LeadIT) Summit : India And Sweden India and Sweden hosted the Leadership for Industry Transition (LeadIT) Summit, on the sidelines of COP27 at Sharm El Sheikh in Egypt. The summit was followed by the public launch of the LeadIT Summit Statement 2022 in the India Pavilion at COP27. Highlights of the […]
