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Suryastra Rocket System

Suryastra Rocket System: India recently achieved a major milestone in indigenous defence technology after private defence firm Nibe Limited successfully tested the long-range Suryastra rocket system at Chandipur. It is India’s first indigenous universal multi-calibre rocket launcher system. It is developed by Pune-based NIBE Limited in collaboration with Israel’s Elbit Systems. It is designed to […]

National Centre for Sustainable Coastal Management

National Centre for Sustainable Coastal Management: The National Centre for Sustainable Coastal Management (NCSCM) recently completed the documentation and ground-truthing of all but 11 of Maharashtra’s 23,415 wetlands. National Centre for Sustainable Coastal Management (NCSCM) was established by the Ministry of Environment, Forest, and Climate Change (MoEF&CC) in 2011 as an autonomous institution to support […]

RAINMUMBAI

RAINMUMBAI: The National Commodities and Derivatives Exchange (NCDEX) recently announced the launch of India’s first SEBI-approved exchange-traded weather derivatives contract, named “RAINMUMBAI”. It is India’s first exchange-traded weather derivatives contract. It was launched by the National Commodity ​and Derivatives Exchange (NCDEX). It will be used to hedge losses from unpredictable weather and monsoon variability. Unlike […]

Velimalai Pumped Storage Hydro Electric Project

Velimalai Pumped Storage Hydro Electric Project: The 1,100 MW Velimalai Pumped Storage Hydroelectric Project in the Kanniyakumari district has been granted Terms of Reference (ToR) clearance by the Union Ministry of Environment, Forest, and Climate Change recently. It is an 1100 MW pumped hydropower storage plant to be developed at Vellimalai in the Kanyakumari district […]

Asian Productivity Organization

Asian Productivity Organization: The 68th Session of the Asian Productivity Organization (APO) Governing Body is being hosted by the Government of India in New Delhi. Asian Productivity Organization is an intergovernmental organization which was established in 1961. The APO is committed to enhancing productivity for sustainable socioeconomic development through mutual cooperation and knowledge sharing. APO […]