Wholesale Price Index: Inflation in India’s wholesale prices rose to a 13-month high of 1.26% in April, owing to an uptick in food inflation and a 1.4% year-on-year rise in fuel and power prices after several months of deflation. Wholesale Price Index (WPI) measures the changes in the prices of goods sold and traded in […]
Tag: 16th May 2024
Chabahar Port
Chabahar Port: India and Iran signed a 10-year contract on Monday for the operation of a terminal at the strategically important Chabahar port in Iran. The long-term bilateral contract was signed between Indian Ports Global Limited (IPGL) and the Port & Maritime Organisation (PMO) of Iran, enabling the operation of the Shahid Beheshti terminal at […]
BHISHM Portable Cubes
BHISHM Portable Cubes: BHISHM portable cubes were dropped from an airplane by the Indian Air Force in Agra as part of an important test. These mobile hospitals are meant to provide emergency medical care anywhere, and this event was their first test run. Project BHISHM, which stands for “Bharat Health Initiative for Sahyog, Hita, and […]
High Energy Photon Source
High Energy Photon Source: China is set to become the first country in Asia with a fourth-generation synchrotron light source with the completion of the High Energy Photon Source (HEPS). This advanced facility will produce some of the world’s brightest X-rays, significantly enhancing research capabilities across various scientific fields. HEPS will accelerate electrons to 6 […]
Nancy Grace Roman Telescope
Nancy Grace Roman Telescope: NASA’s upcoming Nancy Grace Roman Space Telescope, set to launch in late 2026, will search for tiny primordial black holes dating back to the Big Bang. These hypothetical black holes, with masses similar to Earth or even large asteroids, could revolutionize theoretical physics if detected Detection of these small black holes, […]
First Bank To Become a Trading Cum Clearing (TCM) Member
First Bank To Become a Trading Cum Clearing (TCM) Member: State Bank of India (SBI) announced that it has become the first bank to become a Trading cum Clearing (TCM) Member at India International Bullion Exchange (IIBX). It enables SBI’s IFSC Banking Unit (IBU) to trade on the IIBX platform as the RBI allowed IBUs […]
UNESCO’s Memory Of The World Asia-Pacific Regional Register
UNESCO’s Memory Of The World Asia-Pacific Regional Register: The Ramcharitmanas, Panchatantra, and Sahṛdayāloka-Locana have been included in ‘UNESCO’s Memory of the World Asia-Pacific Regional Register’. ‘Sahṛdayaloka-Locana’, ‘Panchatantra’, and ‘Ramcharitmanas’ were authored by Acharya Anandvardhan, Pt. Vishnu Sharma, and Goswami Tulsidas, respectively. The Indira Gandhi National Centre for the Arts (IGNCA) played a vital role […]
UN Financing For Sustainable Development Report 2024
UN Financing For Sustainable Development Report 2024: A new report released by the United Nations (UN) stated that more investment is needed if the 17 Sustainable Development Goals (SDGs), agreed upon by all United Nations members back in 2015, are to be achieved by 2030. The reason for this situation is due to staggering debt […]
Exercise Tarkash
Exercise Tarkash: The India-U.S joint exercise in conducting coordinated operations in urban counter terrorism contingencies will conclude in Kolkata. Exercise Tarkash is the seventh edition of the Indo-U.S. joint counter terrorism exercise. It is held between the elite National Security Guard (NSG) and the U.S. Special Operations Forces (SOF) commenced on April 22, 2024. The […]
Geomagnetic Storms : Hits Earth
Geomagnetic Storms : Hits Earth The strongest geomagnetic storm in over two decades recently hit Earth, causing radio blackouts and extending the northern lights to the southern United States. Geomagnetic Storm is a major disturbance of Earth’s magnetosphere that occurs when there is a very efficient exchange of energy from the solar wind into the […]