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Gabon Announced Debt-For-Nature Swap Deal

Gabon Announced Debt-For-Nature Swap Deal: Gabon announced a $500 million debt-for-nature swap deal for marine conservation. Gabon on August 15, 2023, announced a $500 million debt-for–nature swap. This is the world’s second-largest deal signed under blue bond to refinance the country’s debt and conserve marine resources. Blue bonds: financial instruments that are designed to support […]

India’s First 3D-Printed Post Office : Bengaluru

India’s First 3D-Printed Post Office : Bengaluru It has been inaugurated in Bengaluru’s Cambridge Layout. The post office was constructed in just 43 days, ahead of schedule, with technological support from IIT Madras and guidance from Professor Manu Santhanam. 3D printing, also known as additive manufacturing, involves creating three-dimensional objects layer by layer using a […]

NASA’s STEREO-’s Earth Flyby

NASA’s STEREO-’s Earth Flyby: In a significant development, NASA’s (National Aeronautics and Space Administration) Solar Terrestrial Relations Observatory (STEREO-A) spacecraft has made its first Earth Flyby, nearly 17 years after its initial launch. During the Earth flyby, STEREO-A will collaborate with Nasa’s Solar and Heliospheric Observatory (SOHO) and Nasa’s Solar Dynamics Observatory (SDO), enhancing its […]

Floating Interest Rate : RBI

Floating Interest Rate : RBI The Reserve Bank of India (RBI) recently issued detailed guidelines to reset floating-interest rates on Equated Monthly Instalments (EMI)-based personal loans. Floating Interest Rate is an interest rate that changes periodically. The rate of interest moves up and down, or “floats,” reflecting economic or financial market conditions. A floating interest […]

Tachymenoides harrisonfordi : New Species Of Snake

Tachymenoides harrisonfordi : New Species Of Snake Researchers have named a recently discovered species of snake after actor Harrison Ford. Tachymenoides harrisonfordi was discovered in May 2022 by a team of researchers from the United States, Germany and Peru. It was discovered in the Peruvian Andes mountain region. It measures 16 inches (40.6 centimetres) in […]