SUBMARINE-LAUNCHED BALLISTIC MISSILE K-4
Why in news? India successfully test-fires 3,500-km range submarine-launched ballistic missile K-4 Details The test was carried out by the Defence Research and Development Organisation (DRDO) from a submerged pontoon off the Visakhapatnam coast Very few countries which have managed to achieve this technological breakthrough Our Circular Error Probability (CEP) is much more sophisticated Once […]
LIBYA SUMMIT SEEKS END TO FOREIGN MEDDLING
Why in news? World leaders made a fresh push for peace in Libya at a summit in Berlin on January 19, 2020 Details UN-led talks in Berlin is a bid to curb military interference, help relaunch political dialogue The summit’s main goal is to get foreign powers wielding influence in the region to stop interfering […]
KOTIYATTAM
Details: Koodiyattam, also transliterated as Kotiyattam, is a traditional performing artform in the state of Kerala, India. It is a combination of ancient Sanskrit theatre with elements of Koothu, a Tamil/ Malayalam performing art which is as old as Sangam era It has a documented history of a thousand years in Kerala It is traditionally […]
SERVICES SECTOR ACTIVITY GROWTH AT 5 MONTH HIGH
India’s services sector activity gained momentum and touched a five month high in December, supported by an uptick in new business orders that boosted output and employment IHS Markit India Services Business Activity Index improved from 52.7 in November to 53.3 in December 2019, highlighting the second strongest rate of increase in output in over […]
STRESSED URBAN COOPERATIVE BANKS TO FACE PCA LIKE CURBS
Why in News? The Reserve Bank of India (RBI) has decided to impose restrictions on urban cooperative banks (UCBs) for deterioration of financial position, in line with the prompt corrective action (PCA) framework that is imposed on commercial banks RBI’s action includes cancellation of banking license Under this revised Supervisory Action Framework (SAF), UCBs will […]
CONVERGENCE INDIA
Launched in 1992, the Convergence India series of expo is credited as India’s leading Technology Show. It started as a communications and ICT event and it has now become a mega expo showcasing convergence of technologies covering Communications, Digital Broadcast, Internet of Things, AR, VR, Artificial Intelligence, Robotics, Embedded Technology, Mobile Devices & Accessories, Gaming […]
RBI GIVES IN-PRINCIPLE NOD TO SHIVALIK MERCANTILE TO CONVERT TO SFB
Uttar Pradesh based Shivalik Mercantile Co-operative Bank Ltd to convert to a small finance bank (SFB), becoming the first urban cooperative bank (UCB) to make the transition The UCB will get 18 months to comply with the requirements under the scheme, which state that banks with a minimum net worth of ₹50 crore and capital […]
NEW SATELLITES WILL HELP GAGANYAAN CREW
Why in news? India plans to ring in its own era of space to space tracking and communication of its space assets this year by putting up a new satellite series called the Indian Data Relay Satellite System (IDRSS) More about IDRSS The IDRSS is planned to track and be constantly in touch with Indian […]
INDIAN SCIENTIST’S WORK ON NANO MATERIAL PAVES WAY FOR CLEAN ENERGY VEHICLE
The Indian Defence Ministry has awarded a $2 million research project to Ajayan Vinu to develop carbon nitride nano materials for clean energy system requirement in the defence sector. Building an ultimate clean energy vehicle – one that combines atmospheric carbon dioxide with sunlight and water to produce fuel while leaving no harmful emissions. Indian […]
FIRST SMOG TOWER IN DELHI TO TACKLE AIR POLLUTION
The massive 20-feet-tall air-purifier has been installed at South Delhi’s Lajpat Nagar market, which sees an average footfall of 15,000 people every day. The aim is to create a “clean air zone” around the area with an estimated 80% reduction in particulate matter, as per the experts who are involved in the project The inspiration […]