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Bima Sugam : An Online Insurance Marketplace

Bima Sugam : An Online Insurance Marketplace The Insurance Regulatory and Development Authority of India (IRDAI) has approved the establishment of Bima Sugam, an online insurance marketplace, aimed at simplifying the process of buying, selling, and servicing insurance policies, as well as settling claims. Bima Sugam functions as an e-commerce platform where insurance companies can […]

Unified Payments Interface As a Third-Party Application Provider

Unified Payments Interface As a Third-Party Application Provider: The National Payments Corporation of India has recently granted approval to Paytm-owner One97 Communications Ltd to participate in Unified Payments Interface (UPI) as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment […]

Financing Agrochemical Reduction And Management Programme

Financing Agrochemical Reduction And Management Programme: Seven countries – Ecuador, India, Kenya, Laos, Philippines, Uruguay, and Vietnam – have initiated a program called the Financing Agrochemical Reduction and Management Programme (FARM) to address pollution from pesticides and plastics in agriculture. This initiative aims to combat the release of toxic persistent organic pollutants (POPs) into the […]

Intergovernmental Negotiations On Security Council Reform

Intergovernmental Negotiations On Security Council Reform: Participating in the Intergovernmental Negotiations on Security Council Reform, India has presented a detailed model on behalf of the G4 nations for United Nations Security Council Reform. The model includes new permanent members elected democratically by the UN General Assembly and shows flexibility on the veto issue. The G4 […]

Global E-waste Monitor 2024

Global E-waste Monitor 2024: The United Nations Institute for Training and Research (UNITAR) has released the Global E-waste Monitor 2024, which states that the world’s generation of electronic waste is rising five times faster than documented e-waste recycling. Highlights of the Global E-waste Monitor 2024 Report: There is a significant increase in global e-waste generation, […]

Project ANAGRANINF

Project ANAGRANINF: The Technology Development Board (TDB) has penned an agreement with two companies and has sanctioned a grant of ₹75 Lakhs towards the project “ANAGRANINF for the development of a Novel Class of Antibiotics Against Gram-Negative Bacterial-Infections. The primary objective of this project is to develop a novel lead compound, particularly an antibiotic, adept […]

Electoral Trusts

Electoral Trusts: The recently released list of corporate contributors to political parties under electoral bonds is under examination, although many of these have been frequent donors, paying large sums to political parties through electoral trusts. Electoral Trusts are trusts set up by companies with the objective to distribute the contributions received from other companies and […]