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BioRRAP Portal

In News Recently, the Union Minister launched a Single National Portal for Biotech researchers and Start-Ups.  About the portal Developed by: The Department of Biotechnology has developed Biological Research Regulatory Approval Portal (BioRRAP). Aim: The Portal BioRRAP will cater to all those seeking regulatory approval required for biological research and development activity in the country. […]

IFC-IOR to Check China Overfishing

In News The Quad (Australia, India, Japan and the United States) is planning to unveil a maritime surveillance initiative to protect exclusive economic zones in the Indo-Pacific against environmental damage. About The initiative is to deter China from illegal, unreported and unregulated fishing (IUUF) in the Indo-Pacific region.  The Indian Navy’s Information Fusion Centre-Indian Ocean […]

Artificial Intelligence (AI) Chips

In News Recently, Nvidia’s rival Intel launched new Artificial Intelligence (AI) chips to provide customers with deep learning compute choices for training and inferencing in data centres.  AI Chips AI chips are built with specific architecture and have integrated AI acceleration to support deep learning-based applications.  AI chips help turn data into information and then […]

Criticisms of Biological Diversity Bill

In News  Provisions in the recently brought Biological Diversity (Amendment) Bill, 2021 are being criticised for various reasons. The bill seeks to amend the Biological Diversity Act, 2002. About the Biological Diversity (Amendment) Bill, 2021 The amended Bill was drafted in response to complaints by traditional Indian medicine practitioners, the seed sector, and industry and […]

Phytoremediation

In News Scientists have planned to use hyperaccumulator plants to remove toxic metals from soil using the phytoremediation process. Toxic heavy metals are absorbed by plants from where they make their way into our food chain thus affecting human life along with ecology. What is Phytoremediation? About: Phytoremediation is a bioremediation process that uses living […]

Increasing Dust Storms

In News Recently, over eight dust storms have hit Iraq, turning the skies orange and disrupting lives.  Climate change is blamed to be the driving force. About  Rising Frequency:  West Asia is no stranger to dust storms. They strike every summer and winter.  In recent years, however, their intensity and frequency have increased. Driving winds: […]

Performance Analysis of Insolvency and Bankruptcy Code, 2016 (IBC)

In Context  In Q4 of FY22, for the first time the amount to be realised from the resolution process was lower than the liquidation value of assets. Why did the Insolvency and Bankruptcy Code, 2016 (IBC) come into force ? Poor recovery of claims and inordinate delays in resolving bad assets were the problems that […]

New Development Bank

In Context New Development Bank announced to set up its regional office in GIFT City (Gujarat), India. New Development Bank About: It is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa). HQ: Shanghai, China Establishment:  Agreed by BRICS leaders at the 5th BRICS summit held in Durban, […]

Project WARDEC

In News  Recently ,The Army Training Command signed a memorandum of understanding (MoU) with Gandhinagar-based Rashtriya Raksha University (RRU) to develop a ‘Wargame Research and Development Centre’(WARDEC) in New Delhi.  About Project WARDEC It will be a first-of-its-kind simulation-based training centre in India that will use artificial intelligence (AI) to design virtual reality wargames. It […]

The Foreign Direct Investment [FDI]

In News About the recent trend in FDI  Forign Direct Investment What Is the Difference Between FDI and FPI? Foreign portfolio investment (FPI) is the addition of international assets to the portfolio of a company, an institutional investor such as a pension fund, or an individual investor. It is a form of portfolio diversification, achieved […]

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