1) Nizam’s Sword: Nizam’s Sword is an item being set to return to India from the Glasgow Life museums. The sword was purchased in 1905 by General Sir Archibald Hunter
- Nizam’s tulwar (sword) is a 14th century ceremonial sword of Indo-Persian design possible from around 1350 CE.
- The sword is shaped like a snake. It has serrated edges and a damascene pattern, with gold etchings of an elephant and tigers.
- The sword was exhibited by Mahbub Ali Khan, Asaf Jah VI, Nizam of Hyderabad (1896-1911) at the 1903 Delhi or Imperial Durbar.
2) Hybrid Propulsion System: The Indian Space Research Organisation (ISRO) has successfully tested a hybrid motor, which will pave way for a new propulsion system for the upcoming launch vehicles.
- Unlike solid-solid or liquid-liquid combinations, a hybrid motor uses solid fuel and liquid oxidiser.
- The motor used Hydroxyl-terminated polybutadiene (HTPB) as fuel and liquid oxygen (LOX) as the oxidiser.
- The use of liquids facilitates throttling (regulated supply of fuel), and the control over the flow rate of LOX enables the re-start capability.
- It is scalable and stackable, potentially paving the way for a new propulsion system for the forthcoming launch vehicles
- The test was supported by ISRO’s Liquid Propulsion Systems Centre (LPSC).
3) Shrinkflation: Shrinkflation is the practice of reducing the size of a product while maintaining its sticker price. It is a form of hidden inflation.
- Raising the price per given amount is a strategy employed by companies, mainly in the food and beverage industries, to stealthily boost profit margins or maintain them in the face of rising input costs.
- Shrinkflation is also referred to as package downsizing
- It may refer to a macroeconomic situation where the economy is contracting while also experiencing a rising price level.
4) Dharamshala Declaration: At the National Conference of State Tourism Minister, the “Dharamshala Declaration” was adopted for developing “sustainable and responsible tourism” and positions India as a “global leader in the tourism sector by 2047”.
- Tourism’s current contribution is 6.8% of the Indian GDP
5) PLI Scheme for Solar Cell Manufacturing: he Union Cabinet on Wednesday cleared a ₹19,500-crore scheme to incentivise the manufacturing of domestic solar cell modules to reduce the industry’s reliance on China-made panels.
- This is under the National programme on High-Efficiency Solar PV Modules
- The PLI will be disbursed to firms after they set up their manufacturing units and the money disbursed over five years.
- Nodal body: Ministry of New and Renewable Energy