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Project Nexus

Project Nexus: RBI recently joined Project Nexus, an initiative to enable instant cross-border retail payments by linking domestic Fast Payment Systems. Project Nexus is a multilateral international initiative to enable instant cross-border retail payments by interlinking domestic Fast Payments Systems (FPSs). Rather than requiring FPS operators to establish multiple custom connections for each country, Nexus […]

Project-76

Project-76: Under Project 76, the Warship Design Bureau of the Indian Navy is working on designing and developing the country’s first indigenously conventional diesel-electric submarine. The Indian Navy wants to build 12 submarines under Project 76. Envisioned as air-independent propulsion (AIP)-equipped diesel-electric attack submarines, these submarines, expected to have a submerged displacement of 3,000 tons, […]

Primary Amoebic Meningoencephalitis

Primary Amoebic Meningoencephalitis: Due to continued rain in Kerala, the health department has issued caution on amoebic meningoencephalitis. Amoebic Meningoencephalitis (PAM) is a rare, usually fatal, infection of the central nervous system (brain and spinal cord). It is caused by a type of free-living amoeba (a microscopic, single-celled organism) called Naegleria fowleri. Naegleria fowleri occurs […]