Nuclear Power Reactors: ‘In-Principle’ approval

Nuclear Power Reactors: Union Minister of Atomic Energy said, the Government has accorded ‘In-Principle’ approval of the site at Jaitapur in Maharashtra for setting up six nuclear power reactors of 1650 MW each in technical cooperation with France which would make it the largest nuclear power generating site with a total capacity of 9900 MW. […]

World Trade Organization (WTO) Has Ruled Against India’s Sugar Subsidies

World Trade Organization (WTO) Has Ruled Against India’s Sugar Subsidies: A panel set up by the Dispute Settlement Body (DSB) of the World Trade Organization (WTO) has ruled against India’s sugar subsidies. It has asked it to “withdraw its prohibited subsidies under the Production Assistance, the Buffer Stock, and the Marketing and Transportation Schemes within […]

Foreign Direct Investment (FDI) Inflow 2020-21

Foreign Direct Investment (FDI): India has registered the highest ever annual Foreign Direct Investment (FDI) inflow of 81.97 billion dollar in 2020-21. Commerce and Industry Ministry said, FDI inflows in the last seven financial years is over 440 billion dollar, which is nearly 58 percent of the total FDI inflow in last 21 financial years. […]

India And Vietnam: LoI on Digital Media

India And Vietnam: India and Vietnam sign Letter of Intent (LoI) to establish partnership in Digital Media. The LoI envisages sharing of information and experience in establishing policies and regulatory frameworks on digital media and social networks, and conducting capacity building and training programs for media professionals and officials in the two countries. Union Minister […]

US Imposes New Sanctions On China

US Imposes New Sanctions On China: The U.S is imposing new sanctions on several Chinese biotech and surveillance companies and government entities over human rights abuses of Uyghur Muslims in the Xinjiang region of China. Xinjiang is technically an autonomous region within China — its largest region, rich in minerals, and sharing borders with countries […]

Water Innovation Challenges: Second Edition

Second Edition Of Water Innovation Challenges The second edition of water innovation challenges was announced to address the global water woes through innovations. It was announced by the Atal Innovation Mission, NITI Aayog and the Royal Embassy of Denmark to India as part of the Indo-Danish Bilateral Green Strategic partnership in 2020. An important driving […]

What is VIHANGAM Platform?

VIHANGAM: An internet-based platform called ‘VIHANGAM’ integrated with a Remotely Piloted Aircraft System (RPAS) at Mahanadi Coalfields Limited (MCL) was inaugurated. Mahanadi Coalfields Limited: It is one of the major coal producing companies of India. It is one of the eight subsidiaries of Coal India Limited. MCL was the first coal company to introduce environment-friendly […]

Incentive on RuPay Debit Card And BHIM UPI Transactions

RuPay Debit Card And BHIM UPI: The Union Cabinet announced that it has approved a scheme to provide incentives of small amounts for transactions done through the RuPay Debit Card and BHIM UPI. This will incur an expense of around ₹1,300 crores. The Government will reimburse transaction charges levied on digital payments made by persons […]

International Monetary Fund on Regulating Cryptocurrency

Cryptocurrency: International Monetary Fund (IMF) Chief Economist has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges; and feels it to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies A cryptocurrency is a digital […]