Govt Plans 1-Year Free-Look Period for Insurance: The Indian government has proposed extending the ‘free-look’ period for insurance policies from the current 30 days to one year. This move is expected to help policyholders review their insurance terms carefully and prevent mis-selling in the industry. The proposal, announced by the Department of Financial Services Secretary […]
Category: Current Affairs
Kisan Credit Card (KCC) Amount Crosses ₹10 Lakh Crore Benefiting 7.72 Crore Farmers
Kisan Credit Card (KCC) Amount Crosses ₹10 Lakh Crore Benefiting 7.72 Crore Farmers: The Kisan Credit Card (KCC) scheme has played a crucial role in ensuring that farmers in India have timely access to affordable credit for agricultural and allied activities. Over the years, the scheme has undergone several modifications to enhance credit penetration in […]
Qualified Institutional Placement
Qualified Institutional Placement: Shareholders of the Indian Renewable Energy Development Agency Ltd. (IREDA) recently approved the company’s proposal to raise up to ₹5,000 crore through the Qualified Institutional Placement (QIP) of equity shares in one or multiple tranches. Qualified Institutional Placement (QIP) is a capital-raising mechanism through which public listed companies use to issue equity […]
TRIFED : In News
TRIFED : In News To promote tribal entrepreneurship and economic inclusion, TRIFED recently signed MoUs with Reliance Retail, HCL Foundation, and Torajamelo Indonesia. TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities. It was established in 1987 under the Multi-State Cooperative Societies Act, […]
Thames River : New Study
Thames River : New Study A new study has learned that climate change is increasing the potential for algal blooms in the United Kingdom’s River Thames despite a four-decade-long decline in phosphorus loads. Thames River is a 346-km river that flows through southern England. It is the longest river in England and the second longest […]
INS Tamal
INS Tamal: The Indian Navy crew that will operate Tamal, the stealth frigate under construction in Russia, reached St. Petersburg recently in preparation for its commissioning. INS Tamal is a state-of-the-art stealth guided missile frigate. It is an upgraded Krivak-III class frigate, and is part of a significant $2.5 billion deal between India and Russia […]
Dwarf Galaxies
Dwarf Galaxies: A team of scientists in the US, led by Indian-origin astrophysicist Raga Deepika Pucha, recently discovered the largest samples of intermediate-mass black holes and dwarf galaxies with active black holes. They are small galaxies that typically contain just a few billion stars, unlike their larger cousins, which can hold hundreds of billions. They […]
SWAYATT Initiative
SWAYATT Initiative: The Government e Marketplace (GeM) commemorated six years of Startups, Women & Youth Advantage through eTransactions (SWAYATT) initiative at New Delhi SWAYATT Initiative was launched on 19th February, 2019. It was conceptualised with a clear objective of invigorating participation of women-led enterprises and youth in public procurement. SWAYATT is the GeM portal’s commitment […]
21st African-Asian Rural Development Organization
21st African-Asian Rural Development Organization: 21st African-Asian Rural Development Organization (AARDO) concluded and reaffirmed that development is strongest when rooted in community, driven by local knowledge, technology and south-south cooperation. It is an autonomous inter-governmental Organization comprising country governments of Africa and Asia which was established in 1962. The organization was set up with a […]
PUNCH Mission
PUNCH Mission: NASA is gearing up for a new and first-of-its-kind solar mission called PUNCH mission that will closely observe the solar atmosphere. The Polarimetry to Unify the Corona and Heliosphere (PUNCH) mission will be launched by SpaceX . It will be a constellation of four, suitcase-sized satellites each weighing about 64 kg sent to […]
