Monetary Policy Review: RBI The Reserve Bank of India (RBI) in its latest Monetary Policy review has decided to keep the main policy rate – Repo rate – unchanged at 4%. It has also retained its accommodative stance, but indicated it will engage in a gradual and calibrated withdrawal of surplus liquidity to rein in […]
Tag: 11th Apr 2022
Supreme Court (SC) Upheld The Constitutional Validity Of FCRA
Supreme Court (SC) Upheld The Constitutional Validity Of FCRA: The Supreme Court (SC) upheld the constitutional validity of the Foreign Contribution (Regulation) Amendment Act (FCRA), 2020. It held that receiving foreign donations cannot be an absolute right and can be regulated by the Parliament. In 2020, the Indian government had proposed amendments to the FCRA, […]
Indian Tent Turtles
Indian Tent Turtles: The Union Minister of Environment said in Parliament that there are no reports to indicate that the Indian tent turtle is on the verge of extinction due to illegal mining in the Narmada River. The Indian tent turtle is listed in Schedule –I of the Wild Life (Protection) Act, 1972 and is […]
Defence Has Released The Third Positive Indigenisation List
Defence Has Released The Third Positive Indigenisation List: The Ministry of Defence has released the third positive indigenisation list of 101 items, comprising major equipment/platforms. The ‘First Negative Indigenisation’ List comprising 101 items was notified in August 2020. The Second Indigenisation list was notified in June 2021 import list for 108 items. The Third List […]
Lingaraj Temple Ordinance
Lingaraj Temple Ordinance: The Central government has told the Odisha government that its ordinance to bring the 11thcentury Lingaraj temple in Bhubaneswar and its associated temples under a special law is outside the legislative competence of the state legislature. Lingaraj temple is the largest temple in Bhubaneswar. Constructed by King Jajati Keshari in the 10th […]
Axiom Mission 1 (Ax-1)
Axiom Mission 1 (Ax-1): Axiom Mission 1 (Ax-1) is a crew mission to the International Space Station (ISS) that is operated by the Axiom Space. This mission was launched on 8th April 2022 from Kennedy Space Center. It is a private crew mission. The crew consists of Michael López-Alegría who is a professionally trained astronaut […]
‘Gaofen-3 03’: China’s Earth Observation Satellite
‘Gaofen-3 03’: China’s Earth Observation Satellite China has launched a new Earth observation satellite on 7th April 2022. This satellite will become a part of the country’s land-sea radar satellite constellation. It will capture images to help China safeguard its maritime interests. The satellite has been named Gaofen-3 03. It was from the Jiuquan Satellite […]
‘AVSAR’ Scheme
‘AVSAR’ Scheme: To encourage the talent of women, artisans and craftsmen and provide them with the right opportunities, Airport Authority of India (AAI) has taken an initiative to allocate space to Self Help Groups (SHGs) at its airports for selling/showcasing the self-made products of their region. Under “AVSAR” (Airport as Venue for Skilled Artisans Of […]
Continuation Of Atal Innovation Mission (AIM) Till March 2023
Continuation Of Atal Innovation Mission (AIM) Till March 2023: The Union Cabinet has approved continuation of Atal Innovation Mission (AIM), till March 2023. The AIM shall work on its intended target of creating an innovation culture and entrepreneurial ecosystem in the country This will be done by AIM via its various programs. The intended targets […]
MH-60R Multi-Role Helicopters
MH-60R Multi-Role Helicopters: The first batch of Indian Navy aircrew successfully completed its training on the MH-60R Multi-Role Helicopters (MRH) at the U.S. Naval Air Station, North Island in San Diego. India had signed a $2.2 billion deal for MH-60R helicopters built by Lockheed Martin during the visit of then U.S. President Donald Trump in […]
