China Shock 2.0: The United States has imposed steep tariffs on Chinese imports, including a 100% duty on electric vehicles, as part of an effort to counter the influx of Chinese goods, dubbed “China Shock 2.0.” India and other countries are also taking steps to curb Chinese imports to protect domestic industries. China Shock 2.0 […]
Tag: 30th Sep 2024
World Tourism Day 2024
World Tourism Day 2024: The Ministry of Tourism celebrated World Tourism Day on 27th September 2024, with the theme “Tourism and Peace.” focusing on how tourism contributes to promoting world peace by encouraging cross-cultural interactions and understanding. Each year, World Tourism Day is celebrated with a specific theme and a host country, highlighting the unique […]
T+0 Settlement
T+0 Settlement: Stock exchanges have decided to delay the implementation of T+0 (same-day) settlement cycle for institutional clients, which was set to start on September 30, 2024, on a voluntary basis. T+0 was introduced for retail clients in 25 securities as a beta version in March 2024. T+0 Settlement refers to same-day settlement of trades […]
BRICS Grouping
BRICS Grouping: The Union Ministry of External Affairs recently met with his BRICS counterparts to affirm its role in a multipolar world. BRICS’ Grouping is an acronym for Brazil, Russia, India, China, and South Africa, a bloc of countries that formed a partnership following the creation of the term in 2001 by Goldman Sachs economist […]
Nanjangud Rasabale Banana
Nanjangud Rasabale Banana: The famed Nanjangud rasabale banana variety, which had become scarce because of a fungal disease, has begun to thrive again. Nanjangud Rasabale Banana is a variety of banana grown in and around the Mysore district and Chamarajanagar district of Karnataka. It was awarded the Geographical Indication (GI) tag in 2006 for its […]
Marburg Virus Disease
Marburg Virus Disease: Six people have died in Rwanda following an outbreak of the Marburg virus, the country’s Health Ministry said recently. Marburg Virus Disease earlier known as Marburg hemorrhagic fever, is a rare but severe hemorrhagic fever that affects both people and non-human primates. MVD is caused by the Marburg virus, a genetically unique […]
Paryatan Mitra And Paryatan Didi Initiative
Paryatan Mitra And Paryatan Didi Initiative: The Union Ministry of Tourism has launched a national responsible tourism initiative titled Paryatan Mitra and Paryatan Didi. The primary aim of this initiative is to elevate the overall experience for tourists in destinations, by having them meet ‘tourist-friendly’ people who are proud Ambassadors and Storytellers for their destination. […]
Schizophrenia
Schizophrenia: The US Food and Drug Administration (FDA) has approved Bristol Myers Squibb’s new oral medicine, Cobenfy, for the treatment of schizophrenia in adults. Schizophrenia is a chronic, severe mental disorderthat affects the way a person thinks, acts, expresses emotions, perceives reality, and relates to others. It mostly affects young adultsin the productive age group. […]
Thermobaric Weapons
Thermobaric Weapons: Russia’s use of thermobaric weapons in Ukraine has drawn significant attention due to their devastating effects, but the development and deployment of these powerful bombs are not limited to Russia. Thermobaric Weapons are often called “vacuum bombs” or “enhanced blast weapons”. It consists of a fuel container with two separate explosive charges. This […]
Sunita Williams Takes Command of ISS
Sunita Williams Takes Command of ISS: NASA (National Aeronautics and Space Administration) astronaut and Indian Origin Sunita Williams has officially taken command of the International Space Station (ISS) as part of her extended mission aboard the orbiting laboratory. She is set to take command for the second time for ISS.