New Development Bank : Dilma Roussef As New Head Former Brazilian President Dilma Rousseff has been “unanimously elected” as the head of the New Development Bank (NDB) recently. NDB was formed to support infrastructure and sustainable development efforts in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology. It is […]
Tag: 28th Mar 2023
Finance Bill 2023
Finance Bill 2023: The Finance Bill 2023 was approved with amendments. The Lok Sabha passed Finance Bill, 2023 including the setting up of the GST Appellate Tribunal (GSTAT) Key Highlights of the bill:- The withholding tax rate on royalties and fees for technical services paid to non-residents has been raised from 10% to 20%This may […]
Launch Vehicle Mark- 3 (LVM-3)
Launch Vehicle Mark- 3 (LVM-3): ISRO’s heaviest payload rocket, GSLV-Mk3/LVM3 carrying 36 OneWeb satellites onboard took off from the Satish Dhawan Space Centre SDSC-SHAR, Sriharikota, under the OneWeb India-1 mission. OneWeb India-1 mission: It is a Network Access Associates Limited, UK (Bharti-backed OneWeb Group Company) and the NewSpace India Limited (NSIL) joint mission to launch […]
DNA Profiling Of Elephants : 30 Years Of Project Elephant
DNA Profiling Of Elephants : 30 Years Of Project Elephant Announcing the 30-year celebration of ‘Project Elephant’ recently officials from the Ministry of Environment, Forest and Climate Change said that the DNA profiling of 270 of the 2,675 captive elephants in the country has been completed. The DNA profiling was started in August 2022 for […]
Water And Heritage Shield Award
Water And Heritage Shield Award: A sacred Hopi site in Arizona was awarded the ICOMOS Water and Heritage Shield The purpose of the Shield is to help the public become aware of the significance of water and indigenous sacred sites all over the world and the right to cultural and historical memory. The Sípàapu is […]
RoDTEP Scheme : Extended Export Benefits
RoDTEP Scheme : Extended Export Benefits The central government has extended export benefits under the RoDTEP scheme to 18 items related to the textiles sector, including saari and lungi, intending to boost shipments of these goods. The RoDTEP scheme would refund to exporters the embedded central, state and local duties or taxes that were so […]
Planetary Parade Or Alignment
Planetary Parade Or Alignment: Five planets – Mercury, Venus, Mars, Jupiter, and Uranus will align in the sky which is often called a planetary parade or alignment, and will be visible to the naked eye. The best viewing time is on March 28th 2023, shortly after the sun sets below the horizon. Venus will be […]
National Rabies Control Programme (NRCP)
National Rabies Control Programme (NRCP): The Ministry of Health and Family Welfare has launched the National Rabies Control Programme (NRCP) for prevention and control of Rabies. Objectives of NRCP : Provision of rabies vaccine & rabies immunoglobulin through national free drug initiatives; Training on appropriate animal bite management, prevention and control of rabies, surveillance and […]
IMF Bailouts
IMF Bailouts: The International Monetary Fund (IMF) recently confirmed a USD 3 billion bailout plan (under Extended Fund Facility (EFF)) for Sri Lanka’s struggling economy. Bailout is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or […]
Women’s World Boxing Championship
Women’s World Boxing Championship: Nikhat Zareen (2nd world title) and Lovlina Borgohain (1st world title) won two gold medals for India in the Women’s World Boxing Championship. Nikhat Zareen and Lovlina Borgohain made gold for India at the Women’s World Boxing Championships in New Delhi. While Nikhat Zareen won the gold in the 50kg category, […]
