Mapping Source: IE Context: The Surat Diamond Bourse (SDB) is claimed to be the world’s largest office space in a single project, with an area of 66 lakh square feet. The main objective of the SDB is to expand and shift the diamond trading business from Mumbai to Surat, the hub of diamond cutting …
Source: TH Context: A remarkable fossil discovered in north-eastern China sheds light on the complex interactions between mammals and dinosaurs during the Mesozoic Era, around 125 million years ago. The fossil shows a small badger-like mammal called Repenomamus robustus attacking a medium-sized, plant-eating dinosaur named Psittacosaurus lujiatunensis. The fossil provides evidence of a smaller …
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Source: Business Line Context: The Indian industry aims to create separate branding for biofortified foods, similar to “organic” products, to enhance their popularity. To promote access to nutrient-rich crops, the government is seeking the assistance of the private sector. About Biofortification: Biofortification is a process of enhancing the nutritional content of crops by increasing …
Source: PIB Context: Ms Nivruti Rai has been appointed as the Managing Director & CEO of Invest India. Ms Rai, a recipient of the prestigious Nari Shakti Puraskar, brings a wealth of experience from her 29-year tenure at Intel, where she led Intel India as Country Head for the past seven years. Invest India …
Source: PIB Context: The Ministry of Fisheries, Animal Husbandry, and Dairying has launched the “Credit Guarantee Scheme” under the Animal Husbandry Infrastructure Development Fund (AHIDF) to support the rural economy by leveraging Micro, Small & Medium Enterprises (MSMEs) in the Livestock sector. What is Credit Guarantee Fund? The Credit Guarantee Fund is a …
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Source: TH The recent NATO summit held in Vilnius had several key takeaways: Ukraine’s Presence: The launch of the NATO-Ukraine Council aimed to engage and support Ukraine. New Members: Finland and Sweden’s approval as NATO members showcased the alliance’s commitment to expansion and deterrence against potential threats, including Russia. S. Support: U.S. President Joe …
Source: Economic Times Context: World Bank President stated that India has shown resilience and emerged stronger from the pandemic compared to other countries. He expressed optimism, as the country’s focus on growth and job creation is crucial in reducing poverty. Highlighted the “China+1” opportunity, where companies seek alternative manufacturing sites to diversify supply …
Source: IE Context: Monsoon Session’s opening was disrupted due to disagreement on the Manipur discussion format. Govt agreed to a short-duration discussion (under Rule 176), but the Opposition demanded the PM’s suo motu statement followed by a discussion under Rule 267. Recent controversy: The Opposition has expressed concern that none of their …
Facts for Prelims (FFP) Source: TH Context: For the first time in Rajya Sabha history, women have equal representation in the panel of vice-chairpersons. Rajya Sabha Chairman Jagdeep Dhankhar nominated four women parliamentarians, making up half of the eight-member panel. Among the newly nominated members is S. Phangnon Konyak (She is the first …
GS Paper 2 Syllabus: Government Policies and Investment Source: UNCTAD Context: The UNCTAD released a new publication – “Facilitating Investment in the Sustainable Development Goals”. About the publication: It is part of UNCTAD’s investment advisory series, which provides practical advice and case studies of best policy practices for attracting FDI that contribute to sustainable …
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GS Paper 2 Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate Source: CGDEV Context: An Independent Expert Group (IEG) that was commissioned by the Indian G20 Presidency has released the ‘Strengthening Multilateral Development Banks: The Triple Agenda’ report. What are Multilateral Development Banks (MDBs)? An MDB is an international financial …
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