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INS Teg

INS Teg: The Indian warship INS Teg has rescued nine sailors, including eight Indians and one Sri Lankan, who were on board the Comoros-flagged oil tanker, MT Falcon Prestige, that had capsized recently off the Oman coast. INS Teg is the first of three guided missile frigates of the modified INS Talwar-class that India commissioned […]

National Bank For Financing Infrastructure And Development : Increase The Capital Base

National Bank For Financing Infrastructure And Development : Increase The Capital Base The government wants to increase the capital base of the National Bank for Financing Infrastructure and Development, or NaBFID, to 1 trillion through support from banks. National Bank for Financing Infrastructure and Development was set up in 2021, by an Act of the […]

ASMITA Project

ASMITA Project: The Ministry of Education and the University Grants Commission (UGC) recently unveiled the ASMITA Project, aimed at bolstering the availability of educational resources in Indian languages. ASMITA (Augmenting Study Materials in Indian Languages through Translation and Academic Writing) is an initiative to develop 22,000 books in Indian languages in the next five years. […]

World Bank Group Guarantee Platform

World Bank Group Guarantee Platform: The World Bank Group (WBG) guarantee platform was opened for business. World Bank Group Guarantee Platform is housed at the Multilateral Investment Guarantee Agency (MIGA) and brings together products and experts from the World Bank, International Finance Corporation (IFC), and MIGA for simplicity, efficiency and speed. It aims to boost […]

Chandipura Virus Infection

Chandipura Virus Infection: The Gujarat government said that six children have died of suspected Chandipura virus (CHPV) infection in the state since July 10. Chandipura Virus Infection is a virus of the Rhabdoviridae family, which also includes other members such as the lyssavirus that causes rabies. Several species of sandflies like Phlebotomine sandflies and Phlebotomus […]