Carbon Intensity: Carbon intensity measures the amount of carbon dioxide (CO₂) emitted per unit of output in a specific sector or economy. It helps track progress in reducing emissions while accounting for economic growth or production levels. The carbon intensity of the steel sector can be measured as the number of tonnes produced per tonne […]
Tag: 8th Mar 2025
Colossal A23a Iceberg Stuck
Colossal A23a Iceberg Stuck: The world’s largest iceberg, Colossal A23a (3,672 sq. km), is stuck about 70 km from South Georgia Island, likely avoiding ecological harm to its wildlife habitats. A23a broke from the Filchner Ice Shelf (Antarctica) in 1986 and remained stuck in the Weddell Sea for over 30 years and started drifting north […]
Semi-Cryogenic Engine
Semi-Cryogenic Engine: ISRO recently successfully conducted the hot test on a semi-cryogenic engine (SE2000), coming closer to finalising the crucial cryogenic stage. A semi-cryogenic engine (SCE) is a liquid rocket engine that uses liquid oxygen (LOX) as an oxidizer and refined kerosene as fuel. The Indian Space Research Organisation (ISRO) is developing a semi-cryogenic engine […]
IMF Report on India’s Financial System
IMF Report on India’s Financial System: The International Monetary Fund (IMF), in its report titled “India Financial System Stability Assessment”, has flagged concerns about the stress in Non-Banking Financial Companies (NBFCs) and its potential risks to India’s financial system. 63% of power sector loans in FY 2024 were from the three largest Infrastructure Financing NBFCs, […]
USAID Funding Cuts and Their Impact on India
USAID Funding Cuts and Their Impact on India: USAID has been a key contributor to India’s health, environmental, and technological sectors, providing $2.8 billion in aid since 2001. The US administration’s January 20, 2025, executive order aims to halt foreign aid, significantly impacting USAID-supported programs in India. A U.S. Supreme Court ruling on March 5, […]
Woolly Mice
Woolly Mice: Scientists at Colossal Biosciences have genetically engineered “woolly mice” by editing specific genes to mimic traits of the woolly mammoth, such as thick, wavy fur and cold adaptation. This experiment aims to validate genetic modifications for potential use in reviving the extinct woolly mammoth, but experts remain skeptical about its significance. Woolly Mice […]
PM Modi Conferred ‘Honorary Order of Freedom of Barbados’
PM Modi Conferred ‘Honorary Order of Freedom of Barbados’: Prime Minister Narendra Modi has been honored with the ‘Honorary Order of Freedom of Barbados’, a prestigious award recognizing his strategic leadership and assistance during the COVID-19 pandemic. Union Minister of State for External Affairs Pabitra Margherita accepted the award on his behalf at a ceremony […]
PM Modi Announces Asiatic Lion Population Estimation
PM Modi Announces Asiatic Lion Population Estimation: Prime Minister Narendra Modi chaired the seventh meeting of the National Board for Wildlife (NBWL) at Sasan, Junagadh, Gujarat. The meeting, attended by Union Minister of Environment, Forest and Climate Change Bhupender Yadav and other NBWL members, focused on critical wildlife conservation efforts, including the upcoming Asiatic lion […]
SEBI’s Total Income Rises 48% to ₹2,075 Crore in 2023-24
SEBI’s Total Income Rises 48% to ₹2,075 Crore in 2023-24: The Securities and Exchange Board of India (SEBI) recorded a 48% year-on-year growth in its total income, reaching ₹2,075 crore in FY 2023-24. The increase was primarily driven by higher earnings from fees and subscriptions. SEBI’s fee income surged significantly compared to the previous fiscal […]
SIDBI and Federal Bank Partner to Strengthen MSME Financing
SIDBI and Federal Bank Partner to Strengthen MSME Financing: The Small Industries Development Bank of India (SIDBI) and Federal Bank have signed a Memorandum of Understanding (MoU) to enhance financial support for micro, small, and medium enterprises (MSMEs). This collaboration aims to boost the MSME ecosystem by offering various financial services, including project finance, machinery […]
