INS Tarmugli: It is the first Follow-on Water Jet Fast Attack Craft (WJFAC), is an improved version of WJFAC, earlier constructed by GRSE. It is built by M/s Garden Reach Shipbuilders and Engineers Ltd (GRSE).It is conceived, designed and built indigenously. It would be deployed for coastal patrol and surveillance operations along the East Coast of India. It is named after a picturesque island in the Andaman group. The ship is capable of operating in shallow waters at high speeds and is equipped with enhanced fire power. It is built for extended coastal and offshore surveillance and patrolling.
Social Stock Exchange: Recently, the Unnati Foundation became the first entity to list on the social stock exchanges (SSE). It functions as a separate segment within the existing stock exchange and help social enterprises raise funds from the public through its mechanism. It would serve as a medium for enterprises to seek finance for their social initiatives, acquire visibility and provide increased transparency about fund mobilisation and utilisation. Retail investors can only invest in securities offered by for-profit Social Enterprises(SEs) under the main Board. In all other cases, only institutional investors and non-institutional investors can invest in securities issued by SEs. Any social enterprise, Non-Profit Organisation (NOPs) or For-Profit Social Enterprises (FPEs), that establishes its primacy of social intent can get registered or listed on the Social Stock Exchange segment. As per the SEBI’s regulation, the enterprises must be serving to: eradicate either hunger, poverty, malnutrition and inequality; promoting education, employability, equality, empowerment of women and LGBTQIA+ communities; working towards environmental sustainability; protection of national heritage and art or bridging the digital divide, among other things.
PACE Mission: The mission will employ advanced polarimeters to study the interplay of light, aerosols, and clouds, contributing to a deeper comprehension of their impact on air quality and climate. The PACE mission will not only analyse aerosols but also delve into studying the colour of the ocean. The primary science instrument for PACE is the Ocean Colour Instrument (OCI) which is designed to measure the ocean’s colour across a spectrum from ultraviolet to shortwave infrared. It will feature two polarimeters – the Spectro-polarimeter for Planetary Exploration (SPEXone) and the Hyper Angular Research Polarimeter (HARP2).These two working together will offer complementary spectral and angular sampling, polarimetric accuracy, and spatial coverage. This combination aims to provide improved atmospheric correction and a comprehensive range of aerosol and cloud science data.
International Energy Agency (IEA): The International Energy Agency (IEA) recently said the “explosive growth” in Indian oil product consumption may be coming to an end. IEA is an international intergovernmental organisation based in Paris that was established in 1974. Its stated mandate is to maintain the stability of the international oil supply. IEA’s mandate has expanded over time to include tracking and analysing global key energy trends, promoting sound energy policy, and fostering multinational energy technology cooperation. It was created in response to the 1973-1974 oil crisis, when an oil embargo by major producers pushed prices to historic levels and exposed the vulnerability of industrialised countries to dependency on oil imports. The IEA operates within the broader framework of the OECD. It consists of 31 member countries and eleven association countries.
