Peer-To-Peer (P2P) Lending: After digital payments and digital lending, the Reserve Bank of India is looking closely at platforms that facilitate direct, or peer-to-peer (P2P), lending between individuals. Peer-to-Peer (P2P) lending is done through a website that connects borrowers and lenders directly. Those who want to lend money, open an account with a P2P platform […]
Tag: 7th Jun 2023
National Institutional Ranking Framework (NIRF) 2023
National Institutional Ranking Framework (NIRF) 2023: The Minister of State for Education released the National Institutional Ranking Framework (NIRF) 2023. Highlights of NIRF 2023: Indian Institute of Technology Madras retains its 1st position in Overall Category and Engineering. Indian Institute of Science, Bengaluru tops the Universities Category and stood first in Research Institutions Category. IIM […]
Exercise Ekatha
Exercise Ekatha: Indian Navy divers and Marine Commandos are in the Maldives for the sixth edition of Exercise Ekatha. Exercise Ekatha is an annual exercise conducted between the navies of India and Maldives. Objective is to enhance interoperability in diving and special operations. The location of the Maldives, at the intersection of commercial sea-lanes running […]
Bitumen : Major Cause Of Pollution
Bitumen : Major Cause Of Pollution Goa Power Minister recently said that bitumen used in road construction is a major cause of pollution. Bitumen is a dense, highly viscous, petroleum-based hydrocarbon. It is found in deposits such as oil sands and pitch lakes(natural bitumen) or is obtained as a residue of the distillation of […]
International Renewable Energy Agency Report
International Renewable Energy Agency Report: A recent report called ‘Low-cost finance for energy transition,’ released by the International Renewable Energy Agency (IRENA), has recognized and praised India’s outstanding progress in expanding its renewable energy capacity. The report describes India’s achievements as “unprecedented”. India aims to achieve 175 GW (100 GW from solar, 60 GW from […]
3rd Health Working Group Meeting
3rd Health Working Group Meeting: The recent 3rd Health Working Group meeting at Hyderabad, Telangana under the G20 India Presidency highlighted the ongoing threat of pandemics and the urgent need for global collaboration in the health sector. Highlights: India proposed a Global initiative on Digital Health, a WHO-managed network to converge ongoing initiatives in use […]
National E-Commerce Policy
National E-Commerce Policy: The Indian government is set to introduce a national e-commerce policy that aims to create a favorable environment for the development of the sector and drive exports. The e-commerce policy was first proposed in 2018 and in 2019, a draft of the e-commerce policy was released. Department for Promotion of Industry and […]
India’s First International Cruise Vessel MV Empress
India’s First International Cruise Vessel MV Empress: The Union Minister of Ports, Shipping & Waterways and Ayush, flagged off India’s first international cruise vessel, MV Empress, from Chennai to Sri Lanka. This significant event marked the inauguration of the international cruise tourism terminal in Chennai, which is a testament to the government’s commitment to enhancing […]
Beat Plastic Pollution Campaign
Beat Plastic Pollution Campaign: The Tourism department in Kerala has launched the ‘Beat Plastic Pollution’ campaign to maintain the cleanliness and environmental integrity of the state’s beaches. The initiative was introduced on World Environment Day as a collaborative effort involving various stakeholders from the tourism sector and local communities. As part of the campaign, the […]
Govt Bans 14 Fixed-Dose Combination Drugs
Govt Bans 14 Fixed-Dose Combination Drugs: The government has banned 14 fixed-dose combination drugs citing there is “no therapeutic justification” for these medicines and that they may involve “risk” to people. The decision was taken on the basis of the recommendations of an expert committee and the Drugs Technical Advisory Board. Prohibit the manufacture, sale […]
