India-France-UAE Trilateral Cooperation Initiative: India has been increasing its bilateral trade with UAE. With CEPA and the Golden Visa program (extension) of UAE, business relations have increased exponentially. On the other hand, India has strong defence relations with France. From fighter jets to drones, the Indian military is using French-made goods. Extending the ties further, […]
Tag: 7th Feb 2023
India Energy Week 2023
India Energy Week 2023: The India Energy Week was inaugurated by PM Modi in Bengaluru, Karnataka. The event is to focus on energy security and India’s energy transition goals. This includes net-zero emission target achievement by 2070. The major attraction of the event is the launch of E20 fuel in more than 84 outlets in […]
Grammy Award Winners 2023
Grammy Award Winners 2023: The Grammy Awards are presented by the Recording Academy of the US. The awards are presented to recognize the works of the music industry. Best Song of the Year: “Just Like That”, won by Bonnie Raitt Performed by Raiit Album of the Year: “Just Like That” won by the songwriter Bonnie […]
Surveillance Balloon
Surveillance Balloon: The United States (US) shot down a Chinese surveillance balloon that has been spotted over US airspace for a couple of days. These cheap, quiet and hard-to-reach balloons have been used for reconnaissance purposes, including in conflicts like the American Civil War. The practice became widespread during World War I and was used […]
Large Exposure Framework (LEF) Guidelines : RBI
Large Exposure Framework (LEF) Guidelines : RBI Reserve Bank of India has dismissed concerns about the “exposure” of Indian banks to the Gautam Adani-led conglomerate. RBI’s observations has a Central Repository of Information on Large Credits (CRILC) database system where the banks report their exposure of ₹5 crores and above which is used for monitoring […]
Follow On Public Offer
Follow On Public Offer: Adani Enterprises recently decided to call off its ₹20,000 crore follow-on public offer and return the money it had collected from investors. FPO is a process wherein a company already listed on a stock exchange issues new shares to existing investors or shareholders. It is also known as a secondary offering. […]
Dearness Allowance : Likely To Increase
Dearness Allowance : Likely To Increase The Central government is likely to increase the dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42% from the existing 38%. DA is a cost of living adjustment that the Government pays to public sector employees and pensioners. DA calculated is […]
SpaceX Starship
SpaceX Starship: The chief of SpaceX recently said that SpaceX may attempt a Starship rocket system launch in March. Starship is a super-heavy-lift rocket and spacecraft built to carry immense cargo and numerous astronauts into deep space. Starship will be the world’s most powerful launch vehicle ever developed, with the ability to carry up to […]
World Wetlands Day 2023
World Wetlands Day 2023: The State Governments and Union Territory administrations in India celebrated World Wetlands Day (WWD) at all 75 Ramsar. World Wetlands Day is observed on 2nd February every year all over the world to commemorate the signing of the Ramsar Convention on Wetlands of International Importance in 1971. India is a party […]
Parliament Is The “North Star” Of Democracy : Vice President
Parliament Is The “North Star” Of Democracy : Vice President The Vice President of India said Parliament is the “North Star” of democracy The North Star is also known as Pole Star. It is a very bright star — around 2,500 times more luminous than the Sun. It is part of the constellation Ursa Minor […]
