Context: The Reserve Bank of India (RBI) is introducing a credit for allowances reimbursed to CBDC wallets of RBI officers. Key Highlights: Central Bank Digital Currency (CBDC) Central Bank Digital Currency (CBDC) is a form of digital currency issued and regulated by a country’s central bank. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are decentralized and not controlled by any central authority, CBDCs are issued by the country and are a digital version of a country’s fiat currency.
CCI Conducting Study on RE Sector in BRICS
Context: The Competition Commission of India (CCI) is undertaking a market study to better gauge antitrust issues in the renewable energy sector across the so called BRICS member nations. Competition Commission of India (CCI) BRICS
Ozone Levels Breaching Limits in Delhi
Context: The National Green Tribunal has sought a response from the Centre on the “feasibility and mechanism” for implementation of the CPCB´s recommendations for controlling ozone levels, which were found beyond the permissible limits in some areas of the national capital. Ozone (O3)
Visakhapatnam’s Adani Data Park
Context: The Adani Data Park, envisaged at an investment of about â‚ą70,000 crore over a 20-year-period here, remains a non-starter after the foundation stone for the project was laid twice. Adani Data Park Adani Data Park is a joint project between Adani Group and EdgeConneX that includes a data center, technology business park, and skills development center.
Ken-Betwa River Linking Project
Context: On December 25, Prime Minister Narendra Modi was in Madhya Pradesh’s Khajuraho to lay the foundation stone for various development projects. Among them was the ambitious Ken-Betwa river linking project that plans to transfer excess water from the Ken river basin to the Betwa river basin. Ken-Betwa River Linking Project
Dharavi Project renamed Navbharat Mega Developers
Context: Dharavi Redevelopment Project Private Ltd (DRPPL) the Adani-backed company, has been renamed Navbharat Mega Developers Private Ltd (NMDPL). Key Highlights:
ASI Decodes Sanskrit Inscription Found in POK
Context: The ancient Sanskrit inscription got excavated outside Gilgit, Pakistan-Occupied Kashmir and was deciphered by the ASI epigraph division. Key Highlights: Inscription An inscription is a written or carved message on a hard surface, such as stone, brick, or metal. Inscriptions could be historical, religious, or other records that reflect important events from the past.
IITKharagpur Study on the Financial Sustainability Crisis of ICCCs
Context: ICCCs are the financial nerve centers of more than 100 smart cities in which states and municipalities have failed to financially support them. Key Highlights: India’s Smart Cities Mission and Integrated Command and Control Centers (ICCC)
Underwater KG basin landslide can trigger tsunami: Scientists
Context: A landslide, or a slump somewhere in the Krishna-Godavari basin, at depths between 950 and 1,100 meters below the ocean, would have created a wave scientist said. Landslide A landslide is a mass movement of material, such as rock, earth or debris, down a slope. What is Tsunamis?
ISRO’s Space Docking Experiment Mission
Context: The PSLV C60/SpaDeX Mission has been Launched by Indian Space Research Organisation. PSLV C60/SpaDeX mission is an in-space docking experiment by ISRO which is a small spacecraft experiment using two small spacecraft. Key Highlights: In-Space Docking Docking in space is the process of two spacecraft physically joining together. It’s an important operation for maintaining a continuous human presence on the International Space Station (ISS). OrbitAID’s: Zero-Gravity Test
