Headline

World

Which intergovernmental organisation proposed $825 billion recovery fund to address recession?

The European Union Commission is proposing a 750 billion euro ($825 billion) recovery fund to help the organisation’s economy through the deep recession caused by the COVID-19 pandemic. This comes as the 27-nation trading bloc is set to enter its deepest-ever recession amid the coronavirus pandemic. This may be similar to Franco-German plan on one-time 500 billion-euro fund.

Wednesday, 27 May 2020
Business

Why is Google facing antitrust case in India?

India’s antitrust body is looking into allegations that the Google is abusing its market position to unfairly promote its mobile payment app in the country. The complaint was filed in February and the Competition Commission of India (CCI) is looking into the case. The complaint alleges that the US tech giant is prominently displaying its Google Pay App inside its android app store in India, giving it an unfair advantage over other apps of competitors.

Wednesday, 27 May 2020
World

Which country recently sought IMF loan to deal with COVID-19?

Myanmar has sought the loan from IMF under its Rapid Credit Facility and Rapid Financing Instrument (RFI), which offers quick loans at concessional rates for low-income countries. The loan will be used to cover deficits incurred by the government because of an increase in spending on social security, health and economic assistance in the wake of coronavirus pandemic.

Tuesday, 26 May 2020

Art, Culture

Art, Culture

Indian government conveys concern over report of vandalism of Buddhist heritage in Gilgit-Baltistan

Government of India has conveyed its strong concerns to Pakistan over reports of vandalism, defacement and destruction of Buddhist heritage in Gilgit-Baltistan. India has sought immediate access to its experts to visit the area in order to restore and preserve the invaluable archaeological heritage. The government had also asked Pakistan to vacate the illegally occupied territory that belonged to India.
Wednesday, 03 June 2020
Art, Culture

When is the World Day for Cultural Diversity for Dialogue and Development observed?

The World Day for Cultural Diversity for Dialogue and Development is observed annually on 21st May. The UNGA first declared this world day on 2002, following UNESCO’s adoption of the 2001 Universal Declaration on Cultural Diversity. This day is also called as Diversity Day. It is meant to help people understand the value of cultural diversity and learn how to live together harmoniously.

Thursday, 21 May 2020

Business

Business

Kiran Mazumdar-Shaw named EY World Entrepreneur of The Year

Kiran Mazumdar-Shaw, executive chairperson of Biocon Ltd, was named the EY World Entrepreneur of The Year at a virtual award ceremony on June 5. In the 20-year history of the award, she became the third EY World Entrepreneur of the Year Award winner from India, after Uday Kotak of Kotak Mahindra Bank (2014) and Narayana Murthy of Infosys Technologies Ltd (2005).
Saturday, 06 June 2020
Business

US’ unemployment rate falls to 13.3%

The US employment rate has declined to 13.3% in May from the earlier 14.7%. This is because 2.5 million jobs were added in the midst of a recession that was caused by the COVID-19 pandemic. The May job gain suggests that business have quickly been recalling workers as states have reopened their economies. The number of people applying for unemployment benefits has declined.

Saturday, 06 June 2020

Environment

Environment

FAO warns of another locust attack in July

United Nations’ Food and Agriculture Organisation (FAO) has warned that India might face another attack of desert locusts in July. This warning comes amid the on-going outbreak that led to the Central Government issuing a warning to 16 states, including the worst-affected Rajasthan and Madhya Pradesh. Swarms causing the current outbreak came from Pakistan in April.
Saturday, 06 June 2020
Environment

Plantation drive called ‘Thank Mom’ launched in Madhya Pradesh

A plantation drive named “Thank Mom” has been initiated in Madhya Pradesh on the premises of Social Justice and Disabled Welfare Directorate during the occasion of World Environment Day. All the plants that are planted during this period are being fitted with a plaque in the name of the mother of each employee. These plants include Neem, Guava, Mango, Moonlight, Parijat and Tulsi.

Friday, 05 June 2020

Health & Lifestyle

Health & Lifestyle

Sun Pharma tests plant-derived drug for combating COVID-19

The Indian drug maker, Sun Pharmaceutical Industries Ltd, is testing a plant-based drug, AQCH, for the potential treatment of COVID-19 as part of a mid-stage trial, with results expected by October. AQCH is derived from tropical, climbing shrub, Cocculus hirsutus, which is used in Asia for its medicinal properties. The drug, which is being developed for dengue, has broad antiviral effect in in-vitro studies.
Saturday, 06 June 2020
Health & Lifestyle

WHO revokes temporary suspension of HCQ trial for COVID-19

The World Health Organisation has resumed the trial of Hydroxychloroquine, which is a part of the on-going Solidarity Trial. The decision followed the recommendations of Data Safety Board of the WHO that reviewed mortality trends and concluded that there was no cause to modify any arm of the Solidarity Trial protocol, which is underway to test 4 drugs for efficacy against COVID-19.

Thursday, 04 June 2020

National

National

India becomes sixth worst-hit nation by COVID-19

India has surpassed Italy to become the sixth worst-hit nation by the COVID-19 pandemic with the country registering the nationwide tally to more than 2 lakhs. The death toll due to COVID-19 infection has reached 6,642 with a record increase of 294 deaths in 24 hours. The US, Brazil, Russia, Spain and the UK have higher number of cases than India.
Saturday, 06 June 2020
National

US approves loans, investments worth more than $350 million for Indian firms

The US has approved loans and investments worth more than $350 million for Indian firms and organisations as a part of its efforts to enrich underserved communities across the world amidst the coronavirus pandemic. Most of these loans are part of $1 billion in investments approved recently by the US International Development Finance Corporation’s board of directors for the development of Africa, Latin America, Indo-Pacific and emerging markets.

Saturday, 06 June 2020

News

News

NHAI constructs emergency landing strip in South Kashmir amidst border tensions with China

In the midst of tension between India and China along the Line of Actual Control in Ladakh, the National Highway Authority of India (NHAI) is constructing an emergency landing strip in south Kashmir on the Srinagar-Jammu national highway. The work has started next to the newly constructed national highway between Srinagar and Jammu near south Kashmir’s Bijbehara.
Thursday, 04 June 2020
News

Amazon Quiz Answers: June 4, 2020

  1. Which former Miss World has been roped in by UNICEF to spread awareness on menstrual hygiene?

Answer: Manushi Chhillar

  1. General Electric has announced that it would be selling which iconic business of its to Savant Systems?

Answer: Lightbulbs

  1. An underwater salvage company was granted approval recently to cut into the wreckage of _________ to try to recover a Marconi telegraph?

Answer: RMS Titanic

  1. Which tennis player topped the 2020 Forbes magazine list of highest-paid global athletes?

Answer: Roger Federer

  1. Ajit Jogi, who passed away recently, was the first chief minister of which Indian state?

Answer: Chhattisgarh

Thursday, 04 June 2020

Science & Technology

Science & Technology

GoI starts consultation process for new national Science, Technology and Innovation Policy

The Centre has initiated a consultation process for the formulation of a new national Science, Technology and Innovation Policy (STIP, 2020). This fifth S&T policy of the country is being formulated at a crucial juncture amid the coronavirus pandemic. The six-month process involves comprehensive consultations with all stakeholders within and beyond the scientific ecosystem of the country.
Wednesday, 03 June 2020
Science & Technology

Which country has joined an international panel for setting ethical guidelines for AI?

The US has joined an international panel for setting ethical guidelines for the use of Artificial Intelligence. The Trump Administration had earlier dismissed the idea of the Group of Seven countries in setting up the Global Partnership on AI. This is to counter China’s record of “twisting technology” to threaten civil liberties. The partnership comes nearly two years after the leaders of Canada and France announcing the formation of the group.

Friday, 29 May 2020

Sports

Sports

HRD ministry, sports ministry launch special films to promote indigenous sports of India

The HRD ministry’s ‘Department of School Education and Literacy’ and Sports ministry’s flagship programme ‘Fit India’ have joined forces to produce a series of special films promoting 10 indigenous sports in India. The series intends to create awareness about not just indigenous games but also the culture and heritage of states to which they belong.
Friday, 05 June 2020
Sports

Rani Rampal recommended for Rajiv Gandhi Khel Ratna Award

Hockey India nominated national women’s team captain Rani Rampal for Rajive Gandhi Khel Ratna Award, while Vandana Kataria, Monika and Harmanpreet Singh were recommended for the Arjuna Award. Khel Ratna Award or Rajiv Gandhi Khel Ratna Award in Sports and Games is the highest sporting honour in India. It is awarded annually by the Ministry of Youth Affairs and Sports.

Tuesday, 02 June 2020

World

World

EU sets up unit to deal with financial crimes

The European Union has set up a unit of investigators under the European Financial and Economic Crime Centre to address an expected surge in financial crimes amid the economic crisis caused by the COVID-19 pandemic. The unit would also crack down on defrauding of state subsidies. The European Financial and Economic Crime Centre will be set up within Europol, the EU’s law enforcement agency.
Saturday, 06 June 2020
World

US conducts first air strikes against Taliban since the end of Eid ceasefire

The US launched its first airstrikes against the Taliban since a rare ceasefire between the insurgents and Afghan forces ended more than a week ago. The ceasefire was announced by Taliban to mark the Eid al-Fitr. The two airstrikes were conducted on June 4 and 5 in separate provinces in Afghanistan. There has been overall decline in violence across Afghanistan.

Saturday, 06 June 2020