RBI is implementing Card Tokenisation norms which will come into effect from 1st October, 2022. These new rules will change the way debit and credit card details are stored by online merchants.   Details – Payment aggregators are finally prepared for the October 1 rollout of RBI’s card-tokenisation norms. The deadline for implementation of tokenisation,… Continue reading Tokenisation

India has risen to the 40th position in the Global Innovation Index 2022. It was at the 81st position in 2015. India was ranked 46th among the 132 economies in the year 2021.   Details – In its annual ranking of the world’s economies on innovation capacity and output, the GII shows some key changes… Continue reading Global Innovation Index 2022

In a televised address, the Russian President talked about using all weapons available with Russia to defend the territorial integrity of the Russian Federation. There has been heightened speculation over what Putin’s next move might be in terms of weaponry. The terms “tactical” and “strategic” nuclear weapons have been making the rounds in this context.… Continue reading ‘Strategic’ and ‘tactical’ nuclear weapons

Prime Minister Modi will inaugurate the Mahakaleshwar Corridor, constructed in Madhya Pradesh’s Ujjain at a cost of Rs 350 crore.   What is it? Mahakal Maharaj Mandir Parisar Vistar Yojna is a plan for the expansion, beautification, and decongestion of the Mahakaleshwar temple and its adjoining area in Ujjain district. Under the plan, the Mahakaleshwar… Continue reading Mahakaleshwar Corridor

Union Environment Minister Bhupender Yadav has said that India is the first country with a cooling action plan based on energy efficiency and thermal comfort. He stated this while addressing the Ministerial Roundtable for Green Economy at the World Green Economy Summit at the World Trade Center in Dubai.   Aim of ‘India Cooling Action… Continue reading India Cooling Action Plan

In a significant step towards ensuring long-term fertiliser availability for the farming community, India’s fertiliser companies- Coromandel International, Chambal Fertilisers and Indian Potash Limited signed an MoU with Canpotex, Canada on 27th September 2022.   Details – Potash, which is source of Potassium, is used both for direct application as Muriate of Potash (MOP) as… Continue reading Potash

The Government has decided to appoint Lt General Anil Chauhan (Retired) as the next Chief of Defence Staff (CDS) who shall also function as Secretary to Government of India, Department of Military Affairs.   Background – The Union Cabinet had approved to create the post of Chief of Defence Staff in the rank of a… Continue reading Chief of Defence Staff

Recently, Vice-President of India, Shri Jagdeep Dhankar, released the Indian Tourism Statistics 2022 report. The Vice-President also gave away the National Tourism Awards for 2018-19 with Uttarakhand, Maharashtra and Telangana getting the top three places, respectively. The awards were given after a gap of two years due to the disruption caused by the Covid-19 pandemic.… Continue reading Indian Tourism Statistic Report

Prime Minister Narendra Modi attended the state funeral for the former Prime Minister of Japan, Shinzo Abe.   India-Japan relations – Historical ties – The friendship between India and Japan has a long history rooted in spiritual affinity and strong cultural and civilisation ties dating back to the visit of Indian monk Bodhisena in 752… Continue reading India-Japan ties

According to the 4th round (January-March 2022) of the Quarterly Employment Survey (QES), which is a part of the All-India Quarterly Establishment based Employment Survey (AQEES), manufacturing remains the largest institutional employer in the country, employing about 38.5% of the workforce. According to the survey, which was recently released by the Union Labour Minister, there… Continue reading AQEES