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Chandrayaan-3 Indian Space Research Organisation (ISRO) is likely to launch India’s third lunar mission ‘Chandrayaan-3’ in the third quarter of 2022. Chandrayaan-3 is a lander-and rover-specific mission, which will demonstrate India’s capability of soft landing on a celestial body, with the rover then communicating with Earth via the existing orbiter from Chandrayaan-2 and taking images […]

Factoring Regulation (Amendment) Bill, 2021

Factoring Regulation (Amendment) Bill, 2021: Rajya Sabha has passed the Factoring Regulation (Amendment) Bill, 2021 to bring changes in the legislation aimed at helping the Micro, Small and Medium Enterprises (MSME) sector. It has incorporated many suggestions from the UK Sinha Committee. Key Provisions of the Bill: Change in the Definitions: It amends the definitions […]

EOS-03 Satellite

EOS-03: The Indian Space Research Organisation (ISRO) is scheduled to launch the geo-imaging satellite for earth observation EOS-03 in the third quarter of 2021. EOS-03 It is an earth observation satellite. Last year, ISRO launched EOS-01 which is nothing but another Radar Imaging Satellite (RISAT) that will work together with RISAT-2B and RISAT-2BR1. It would […]

Cabinet Approves Multilateral MoU Signed By IFSCA

Cabinet Approves Multilateral MoU Signed By IFSCA:: The Cabinet has approved a multilateral MoU signed between the International Financial Services Centres Authority (IFSCA), International Organization of Securities Commissions (IOSCO), and International Association of Insurance Supervisors (IAIS). In 2002 IOSCO adopted a multilateral memorandum of understanding (IOSCO MMoU) designed to facilitate crossborder enforcement and exchange of […]

International Tiger Day 2021

International Tiger Day: At the virtual meeting celebrating International Tiger Day (29th July), Prime Minister of India reiterated India’s commitment to ensuring safe habitats for its tigers and nurturing tiger-friendly eco systems. Also, at this meeting, 14 Tiger Reserves in India received the accreditation of the Global Conservation Assured|Tiger Standards (CAITS). Conservation Status of Tiger: […]