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Solar Jet Streams

In News  Recently, the scientists from India and the UK have deciphered the physics behind the solar plasma jets through computer simulations and lab experiments.  Major Findings  The study led by researchers at the Indian Institute of Astrophysics (IIA), Bengaluru performed laboratory experiments  The scientists observed how paint placed over bass audio speakers ejected as […]

Supercomputer PARAM Ganga

In News  Recently, National Supercomputer Mission (NSM) has deployed a supercomputer system called PARAM-Ganga with 1.66 petaFLOPS (PFLOPS) of computing power at the Indian Institute of Technology (IIT), Roorkee. A supercomputer is a computer that performs at or near the currently highest operational rate for computers. About PARAM Ganga It is designed, developed, and commissioned […]

RBI’s $5 Billion Dollar-Rupee Swap

In News The Reserve Bank of India (RBI) conducted a $ 5 billion dollar-rupee swap auction as part of its liquidity management initiative. About Dollar–Rupee Swap:  It’s a forex tool whereby the central bank uses its currency to buy another currency or vice versa. In a Dollar–Rupee buy/sell swap, the central bank buys dollars (US […]

Equalisation Levy

In News Recently, the Ministry of Finance stated that the Equalisation levy imposed by India on supply of services by multinational enterprises is a ‘sovereign right’. What is an Equalisation Levy? It was first introduced by the Finance Act, 2016, at the rate of 6 per cent on payments for digital advertising services received by […]

Degradation of Coral Reefs: IPCC Report

In News  Degradation and loss of coral reefs can affect about 4.5 million people in southeast Asia and the Indian Ocean, according to the Intergovernmental Panel on Climate Change (IPCC)’s Sixth Assessment Report on Impacts, Adaptation and Vulnerability. Major Highlights of the Report The report talks about the effects of global warming and anthropogenic activities […]

Low-energy Security Chip Architecture

In News Recently, two Indian researchers working at the Massachusetts Institute of Technology (MIT), have built a low-energy security chip. About  It is designed to prevent side-channel attacks (SCAs) on IoT (Internet of Things) devices.  Side Channel Attacks (SCAs) About:  SCAs take advantage of security exploits where information can be gathered from the indirect effects […]

Looming Oil Crisis (Crude and Edible oil)

In News With oil imports from Russia banned by the US and being phased out by the UK, crude prices are set to rise, particularly in the US and Europe and also the prices of Edible oil are going to rise creating a problem for India.  Data on Global oil market There are three large […]

Exercise SLINEX

In News  The Ninth Edition of India – Sri Lanka Bilateral Maritime Exercise SLINEX (Sri Lanka–India Naval Exercise) is scheduled at Visakhapatnam from 07 Mar to 10 Mar 2022.  The previous edition of SLINEX was conducted off Trincomalee in October 2020. About Exercise SLINEX The exercise is being conducted in two phases; The Harbour Phase […]

Limited Liability Partnerships (LLPs)

In News The ministry of corporate affairs (MCA) is planning to bring out a set of new accounting and auditing standards tailor-made for limited liability partnerships (LLPs) that will seek more disclosures. Proposed Amendments Aim of the move The move is aimed at improving the quality of the financial statements of LLPs. Select accounting standards […]

Boltzmann Medal

In News Recently, Deepak Dhar (Indian physicist) and John J. Hopfield (American physicist) have been chosen for the Boltzmann medal. Boltzmann Medal About: Initiated in 1975 Nobel laureate (1982) K.G. Wilson was the first recipient.  It has been given to one or two persons, once in three years.  The award consists of the gilded Boltzmann […]

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