PSLV Orbital Experimental Module (POEM): Besides placing three Singaporean satellites in precise orbit, the Indian Space Research Organisation (ISRO) also achieved the feat of successfully launching the PSLV Orbital Experimental Module or ‘POEM’. The PSLV Orbital Experimental Module is a platform that will help perform in-orbit experiments using the final, and otherwise discarded, stage of […]
Category: Current Affairs
Financial Services Institution Bureau
Financial Services Institution Bureau: The Cabinet Appointments Committee (ACC) has passed a government resolution to establish the Financial Services Institutions Bureau (FSIB) in place of the Banks Board Bureau (BBB). The new framework was proposed by the Department of Financial Service, Ministry of Finance. The Financial Services Institutions Bureau will select the chiefs of public […]
Treeshrew Spotted In Jammu and Kashmir
Treeshrew Spotted In Jammu and Kashmir: Scientists have spotted fossils of a small mammal resembling squirrels called treeshrew (known as Sivatupaia ramnagarensis) belonging to a new genus and species from Jammu and Kashmir. This treeshrew currently represents the oldest record of fossil tupaiids in the Siwaliks, extending their time range by 2.5-4.0 Million Years in […]
Autonomous Flying Wing Technology
Autonomous Flying Wing Technology: Defence Research and Development Organisation(DRDO) carried out the maiden test flight of a new unmanned Aerial Vehicle, an Autonomous Flying Wing Technology Demonstrator. DRDO is in the process of developing Unmanned Aerial Vehicles (UAVs) of different classes to meet the requirements of the armed forces. Autonomous Flying Wing Technology Is an […]
Forest (Conservation) Rules, 2022
Forest (Conservation) Rules, 2022: MoEFCC has notified Forest (conservation) Rules 2022, under the Forest (conservation) Act, 1980. New Rules: Constitute an advisory committee, a regional empowered committee and a screening committee at the State/UT It will examine all the linear projects (e.g. roads, highways, etc) involving land up to 40 hectares and the use of […]
Windfall Tax
Windfall Tax: Government slapped a windfall tax on domestic crude oil producers, imposed export duties on petrol, diesel and aviation turbine fuel (ATF), and hiked the import duty on gold in efforts to reduce pressure on the rupee, rein in the current account deficit (CAD), and increase the domestic supply of petroleum products. A windfall […]
Eknath Shinde : New Chief Minister Of Maharashtra
Eknath Shinde : New Chief Minister Of Maharashtra Shivsena rebel leader Eknath Shinde was sworn-in as the new Chief Minister of Maharashtra. Governor Bhagat Singh Koshyari administered the oath of office to Mr. Shinde. He has become the 20th Chief Minister of the state. Besides, Mr Shinde, BJP leader Devendra Fadnavis was sworn-in as Deputy […]
Business Reform Action Plan (BRAP)
Business Reform Action Plan (BRAP): Finance Minister Nirmala Sitharaman released the Business Reform Action Plan (BRAP)- 2020 in New Delhi. In the report, seven states have been identified as the top achievers based on implementation of the Business Reforms Action Plan. The states are Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu. The […]
External Debt
External Debt: India’s external debt rose to $620.7 billion at end-March 2022, recording an increase of $47.1 billion over the year earlier period, Reserve Bank of India (RBI) data showed. The external debt to GDP ratio declined to 19.9% at end-March 2022, from 21.2% a year earlier. Valuation gains on account of the appreciation of […]
PSLV-C53/DS-EO Mission
PSLV-C53/DS-EO Mission: ISRO undertook PSLV-C53/DS-EO mission on June 30, 2022 from the Second Launch Pad at Satish Dhawan Space Centre, Sriharikota. PSLV-C53 is the second dedicated commercial mission of NewSpace India Limited (NSIL). It is designed to orbit DS-EO satellite along with two other co-passenger satellites from Singapore. This is the 55th mission of PSLV […]
