Monthly Archives: November 2021
Strategic Oil Reserve Programme
In News India plans to release crude oil from its emergency stockpile to cool international oil prices. Rationale Behind This Step The decision has come after the US has urged some of the world’s largest oil-consuming nations, including China, India and Japan to release crude oil from their respective reserves in order to bring down […]
O-SMART Scheme
In News The Cabinet Committee on Economic Affairs chaired by the Prime Minister gave its approval for the continuation of the umbrella scheme O-SMART for implementation during the period from 2021-26 at an overall cost of Rs. 2177 crore. Rationale behind the move The present decade has been declared as the Decade of Ocean Science […]
5th World Congress on Disaster Management
In News Recently, the Union Defence Minister virtually inaugurated the 5th World Congress on Disaster Management in New Delhi . More in News Defence Minister lauded the Armed Forces for being the first responders in the region for Humanitarian Aid and Disaster Relief (HADR) operations. He reiterated India’s vision for the Indian Ocean, summarized by […]
Indian Express
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1 Govt plans Bills to bar Pvt cryptocurrency with a few ‘exceptions’, repeal farm laws (Cyber Security) Major provisions of The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, objectives and need, RBI’s and lawmakers stance on the legality […]
The Hindu
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 2 1&6 India, U.S. commit to linking economies across sectors Breaking the ice (IR) Key takeaways of the trade Policy Forum between the United States and India, about India-USA trade policy and bilateral relations. GS 3 1 New Crypto Bill […]
Taiwan Strait
In News Recently, USA’s Arleigh Burke-class guided-missile destroyer USS Milius passed through the Taiwan Strait. About Taiwan strait It is a 110-mile-wide channel that separates mainland China from the island of Taiwan. Also known as the Formosa Strait or the Tai-hai (the Tai Sea). It forms part of the South China Sea. Its northern portion […]
Gallantry Awards
In News Recently, the President of India presented Gallantry Awards and Distinguished Service decorations in a defence investiture ceremony for the year 2021. Group Captain Abhinandan Varthaman was awarded Vir Chakra which is a wartime gallantry award. Gallantry Award About: To honour the acts of bravery and sacrifice of the officers/personnel of the Armed Forces, […]
‘Bharat Gaurav’ Scheme
In News Recently, Indian Railways announced the introduction of theme-based, tourist circuit trains on the lines of the Ramayana Express named ‘Bharat Gaurav’ to showcase India’s rich cultural heritage and history to the world. About the ‘Bharat Gaurav’ scheme Under the scheme,190 tourist circuit trains are to be operated on lease by private players and […]
PMC Bank and Unity SFB Merger Scheme
In News The Reserve Bank of India (RBI) released a draft scheme of amalgamation of fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank and Delhi-based Unity Small Finance Bank. Major Highlights Unity small finance bank: Unity SFB is a joint venture between Centrum Group and BharatPe. It commenced operations as a small finance bank (SFB). Unity […]
