Monetary Policy Committee: RBI The Monetary Policy Committee (MPC) of the Reserve Bank of India’s (RBI) noted that the central bank’s accommodative policy stance may fail to comply with the Inflation target (upper limit of 6%). An accommodative stance indicates a willingness on the part of the central bank to expand money supply and cut […]
Tag: 7th Mar 2022
SARAS 3 Radio Telescope
SARAS 3 Radio Telescope: Indian researchers have conclusively refuted a recent claim of the discovery of a radio wave signal from cosmic dawn, the time in the infancy of our Universe when the first stars and galaxies came into existence. In 2018 a team of researchers from Arizona State University (ASU) and MIT in the […]
India Abstained On A Vote At The UN Human Rights Council
India abstained On A Vote At The UN Human Rights Council: India abstained on a vote at the UN Human Rights Council in Geneva as the Council decided to set up an international commission of enquiry into Russia’s actions in Ukraine. The resolution “strongly condemned” aggression by Russia in Ukraine. Russian troops recently captured Zaporizhzhia […]
Brahmos Supersonic Cruise Missile
Brahmos Supersonic Cruise Missile: The Indian Navy successfully demonstrated the accuracy of an extended-range land attack Brahmos supersonic cruise missile from the stealth destroyer INS Chennai, on 5th March, 2022. The missile hit its intended target with pinpoint accuracy after traversing an extended range trajectory and performing complex manoeuvres. Both Brahmos missile and INS Chennai […]
What is Predatory Pricing?
Predatory Pricing: The Competition Commission of India (CCI) has dismissed allegations of predatory pricing against e-commerce platform Shopee arguing that Shopee did not hold significant market power as it is a relatively new entrant in a market with well-established players. Predatory pricing is the illegal act of setting prices low to attempt to eliminate the […]
Belarus: Important Points
Belarus: Belarus, the largest landlocked European country bordering the two warring nations has found itself in a precarious position amid its political proximity with Russia. The country is now at the receiving end of the West’s economic sanctions, meant to deter the Russian assault on Ukraine. The Belarusian border serves as the site for dialogue […]
Zaporizhzhia Nuclear Power Station
Zaporizhzhia Nuclear Power Station: Zaporizhzhia Nuclear Power Station, Europe’s largest nuclear power plant was hit by Russian shelling, sparking a fire and raising fears of a disaster that could affect all of central Europe for decades, like the 1986 Chernobyl meltdown. Concerns faded after Ukrainian authorities announced that the fire had been extinguished, and while […]
Data Protection Bill: Key Recommendation
Data Protection Bill: The government has said that it is studying the inputs received on the draft data protection bill, and will carefully ensure that any legislation in the digital ecosystem will act as an enabler, fuelling the growth momentum. On December 16, 2021, the Joint Committee on Personal Data Protection Bill had tabled its […]
Janaushadhi Diwas Week : Important Points
Janaushadhi Diwas week : 1st March To 7th March 2022 Janaushadhi Diwas week to be observed from 1st March to 7th March 2022. Theme of 4th Janaushadhi Diwas: “Jan Aushadhi-Jan Upyogi” Pharmaceuticals & Medical Devices Bureau of India (PMBI) is the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP). All the districts of the […]
National Commission For Protection Of Child Rights (NCPCR)
National Commission For Protection Of Child Rights (NCPCR): National Commission for Protection of Child Rights (NCPCR) celebrated its 17th Foundation Day, recently. NCPCR was set up in March 2007 under the Commissions for Protection of Child Rights (CPCR) Act, 2005, an Act of Parliament (December 2005). The Commission began operational on 5 March 2007. NCPCR […]
