Today's Headlines

Today's Headlines - 01 June 2024

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India’s quest for minerals in Africa

GS Paper III

News Excerpt:

India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa.

Green Bond Auction

GS Paper II & III

News Excerpt: 

The Reserve Bank of India (RBI) cancelled the auction of 10-year green bonds as traders refused to pay greenium.

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Bela Printing

News Excerpt:

On April 30th, ajrakh, a well-known craft of resist-dyeing from Kutch, was granted a Geographical Indication (GI) tag, marking its authenticity and providing legal protection to arts from specific regions. While this achievement is a reason for joy, another lesser-known craft from the same region, bela block printing, remains in obscurity.

Georgia reaches out to India to begin free-trade agreement talks

News Excerpt:

India and Georgia have discussed the possibility of a trade deal for over seven years now. The two sides announced a joint feasibility study in April 2017 and accepted its findings when it was completed in August 2018. In January 2019, they signed a joint protocol to start negotiations for a FTA.

FY24 fiscal deficit lower than RE

News Excerpt:

The Union government’s fiscal deficit for the last financial year came in at 5.6% of the Gross Domestic Product (GDP), lower than the revised estimate (RE) of 5.8%, on the back of better than anticipated revenues and some expenditure compression.

Exercise RED FLAG

News Excerpt: 

The IAF contingent has reached the US Air Force’s Eielson Base in Alaska (USA) to take part in the Red Flag exercise.

Mass production of recombinant proteins

News Excerpt:

Researchers at the Department of Biochemistry, Indian Institute of Science, have developed a novel method for producing recombinant proteins.

Potency Test

News Excerpt:

The Special Investigation Team (SIT) which is investigating sexual assault allegations against a high-profile Member of Parliament (MP) is likely to have him take medical tests, including a potency test.

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