Central Bank Digital Currency (CBDC): Reserve Bank of India’s (RBI) digital rupee — the Central Bank Digital Currency (CBDC) — may be introduced in phases beginning with wholesale businesses in the current financial year. RBI had proposed amendments to the Reserve Bank of India Act, 1934, which would enable it to launch a CBDC. Central […]
Tag: 25th Aug 2022
BrahMos
BrahMos: A Court of Inquiry (Col) of the Indian Air Force (IAF) into the accidental firing of a BrahMos supersonic cruise missile in March 2022, which landed in Pakistan, found that deviation from standard operating procedures (SOP) by three officers led to the incident. Services of the officers have been terminated with immediate effect, the […]
Swachh Bharat Mission Grameen
Swachh Bharat Mission Grameen: Over 1 lakh villages declared themselves as ODF (Open Defecation Free) Plus under Swachh Bharat Mission Grameen (SBM-G). These villages are sustaining their ODF status and have systems in place for managing solid and/or liquid waste and they would continue on their sanitation journey as they work towards making their villages […]
India’s First Commercial SSA Observatory
India’s First Commercial SSA Observatory: India’s first commercial Space Situational Awareness (SSA) Observatory will be set up in the Garhwal region of Uttarakhand. The observatory will be set up by Digantara, a Bengaluru-based space sector start-up. The observatory will be the first-of-its-kind in the region, set up to augment the start-up’s SSA capabilities. It will […]
James Webb Space Telescope
James Webb Space Telescope: The James Webb Space Telescope, NASA’s latest and most powerful telescope, has captured new images of our solar system’s largest planet, Jupiter, presenting it in a never before seen light. The photographs published have captured a new view of the planet, presenting in detail its massive storms, colourful auroras, faint rings […]
African Rhinoceros
African Rhinoceros: A report has stated that Rhino poaching rates in Africa declined to 2.3% in 2021 from 3.9% in 2018. At least 2,707 rhinos were poached in Africa between 2018 and 2021, including critically endangered black rhino and near threatened white rhino. The report was compiled by the International Union for Conservation of Nature […]
Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM)
Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM): The Defence Research and Development Organisation (DRDO) and the Indian Navy successfully flight-tested the indigenously developed Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from the Integrated Test Range (ITR) at Chandipur off the coast of Odisha. The VL-SRSAM, a ship-borne weapon system, is meant for neutralising various aerial […]
Benami Law
Benami Law: The Supreme Court declared as “unconstitutional and manifestly arbitrary” the amendments introduced to the Benami law in 2016, which apply retrospectively and can send a person to prison for three years even as it empowers the Centre to confiscate “any property” subject to a benami transaction. In a decision much awaited by businesses, […]
Healthcare In India- Transforming Through Innovation : NASSCOM
Healthcare In India- Transforming Through Innovation : NASSCOM A report by NASSCOM “Healthcare in India- Transforming Through Innovation” highlights how emerging technologies and innovations are transforming Health. Status of India’s Health Sector: Increase in healthcare expenditure by a massive 73% ( from 2.73 lakh cr in 2019-20 to 4.72 lakh cr in 2021-22) New missions: […]
NAFIS
NAFIS: National Automated Fingerprint Identification System (NAFIS) has been launched by the Home Ministry to allow a country-wide search of crime-related fingerprints. NAFIS will create a unique 10-digit national fingerprint number (NFN) for each person arrested for the crime. Using the database of fingerprints, different crimes can be linked to NFN. It will “provide the […]
