Singapore tops the Index of Economic Freedom

America-based Heritage Foundation released its Index of Economic Freedom last week. Singapore emerged as the top nation in the index and overtook Hong Kong as the world’s most independent and free economy. Singapore achieved this feat for the first time ..

Sumant Kathpalia appointed as IndusInd Bank’s Managing Director and CEO for 3 years

One of India’s leading private sector banks, IndusInd Bank has appointed Sumant Kathpalia as the Managing Director and CEO for a period of three years. As the previous MD & CEO of the bank Romesh Sobti retired, after holding the top ..

SBI to provide 0.25% of its annual profit to tackle coronavirus outbreak

The country’s largest bank State Bank of India (SBI) announced that it will provide 0.25% of its annual profit for the year 2019-20 to support health care for underprivileged people and fight the coronavirus pandemic. As per the statement of ..

Sikkim Glaciers are being lost at faster rate than other parts of Himalayan parts

The Scientists of Wadia Institute of Himalayan Geology, Dehradun conducted a study and have found that glaciers in Sikkim region are melting at faster rates as compared to other Himalayan regions. Key Findings The study has assessed around 23 glaciers ..

Month: Current Affairs - March, 2020

Centre allows states & UTs to lift food-grains 3 months in advance amid coronavirus scare

Amid the coronavirus pandemic scare, the Government of India recently allowed states and Union Territories to lift food-grains for three months in advance from Food Corporation of India (FCI) for distribution through ration shops. There are about 75 crore beneficiaries ..

Babur II Missile

Despite the ongoing COVID-19 situation, scarce resources for treating infected people and protecting the general population, Pakistan tested the Babur II missile amid criticism. About the Missile The missile, named after the first Mughal Emperor Babur, is of the sub-sonic ..

Hanta Virus

A person died of Hanta Virus infection in China even while the world is struggling to find a cure for the SARS CoV 2. About the Virus They are a family of viruses transmitted through rodents. It is known as ..

MSP for MFP

The scheme for providing minimum support price for minor forest produce is being discussed as an efficient way of supporting forest dependent people during the ongoing COVID-19 situation. About the Scheme The minimum support price (MSP) for minor forest produce ..

Tokyo 2020

In light of the ongoing COVID-19 pandemic, the Tokyo 2020 Olympic and Paralympic Games were postponed to 2021. The event will still bear the name of Tokyo 2020. Selection of Tokyo The 2020 event would mark the second time Tokyo ..

Netherlands Flower Industry

In light of the ongoing COVID-19 pandemic and the resulting drop in demand for the flower industry, the Netherlands’ flower producers are destroying most of their produce during the peak season. Effect of COVID-19 The demand for flowers usually peaks ..