Mining
What is Indian Bureau of Mines?
The Indian Bureau of Mines (IBM) recently celebrated its 75th Foundation Day. It was founded in 1948 as a governmental institution responsible for multiple disciplines like conservation, scientific development of mineral resources, and the protection of the environment in non-coal, ..
Month: Current Affairs - March, 2023
Category: Economy & Banking Current Affairs - 2024
Europe’s Largest Deposit of Rare Earths Discovered in Sweden
Europe’s largest deposit of rare earths, which are used in everything from mobile phones to missiles, has been found in Sweden. The discovery is being hailed as a way to reduce the European Union’s (EU) dependence on China, which currently ..
Month: Current Affairs - January, 2023
Category: International / World Current Affairs
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP had contracted by 7.3%. The contraction is mainly due to COVID pandemic ..
Month: Current Affairs - February, 2022
Category: Reports & Indexes Current Affairs
Annual Report of Environment Ministry
The Ministry of Environment, Forest and Climate Change has released the Annual Report 2019-20. Highlights The report says that around 11,467 hectares of forest lands have been diverted in 22 states in 2019. The diversion has been made under Forest ..
Month: Current Affairs - June, 2020
Project Monitoring Unit launched by Ministry of Coal
The Ministry of Coal recently launched a project monitoring unit to facilitate early operationalization of coal mines that were allocated by the central government. The aim of launching the unit is to bring in more bidders. Highlights The Project Monitoring ..
Month: Current Affairs - May, 2020
Unemployment Rate in India has increased to 23% due to Lock Down
The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy has lost their jobs since the lock down. Highlights The report said ..