Sagar Samrat Vessel: Union Minister of Petroleum and Natural Gas rededicated ONGC’s iconic drilling rig Sagar Samrat, as a Mobile Offshore Production Unit (MOPU). Initially it was a jack-up drilling rig. Commissioned in 1973, Sagar Samrat was built at the Mitsubishi yard in Japan. It drilled ONGC’s first Offshore well in 1974 in Mumbai OffshoreRead more
Halwa Ceremony: The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held recently.The Union Budget 2023-24 is to be presented on 1st February, 2023. It is a customary ceremony in which traditional dessert ‘halwa’ is prepared and served to officials and staff members of the finance ministry.Read more
Re-Introduction of Cheetah: The Republic of South Africa and the Republic of India have signed a Memorandum of Understanding on Cooperation in the Re-introduction of Cheetah to the Asian country. In terms of the agreement, an initial batch of 12 cheetahs are to be flown from South Africa to India during February 2023. The catsRead more
TROPEX 2023:The 2023 edition of Indian Navy’s major maritime exercise TROPEX(Theatre Level Operational Readiness Exercise) is currently underway in the Indian Ocean Region. This operational level exercise is conducted biennially and witnesses participation not only by all Indian Navy units but also of Indian Army, Indian Air Force and Coast Guard assets. TROPEX 23 isRead more
Pradhan Mantri Rashtriya Bal Puraskar:It is a civilian honour in India. It is presented in two categories: Bal Shakti Puraskar– It is awarded to Indian citizens aged under 18 for outstanding achievement ininnovation, sports, scholastic achievements, social service, arts & culture, and bravery. Bal Kalyan Puraskar– It is presented to individuals or organisations who haveRead more
International North-South Transport Corridor(INSTC): INSTC was first proposed in 2000 to improve connectivity between Russia, Central Asian states, and India. Route: It is a 7,200-km-long multi-modal connectivity project to establish transport networks (ship, rail, and road route). It will be used for moving freight between India, Russia, Iran, Europe, and Central Asia. It will cutRead more
Hazira-Ghogha Ro-Pax Ferry Service: Ministry of Shipping has launched a roll on-roll off cum passenger ferry service, called ‘ROPAX’. ROPAX service is a water transport service project under Eastern Waterfront Development. The benefits of this service include reduction in the travel time, vehicular emission and traffic on the road. Hazira-Ghogha Ro-Pax ferry service will workRead more
Thiruvalluvar: The Prime Minister, has paid homage to Thiruvalluvar on Thiruvalluvar Day and recalled his noble thoughts. He also urged the youth to read the Kural. Thiruvalluvar, also called Valluvar, was a Tamil poet-saint. He contributed the Tirukkural or ‘Kural’ to the Sangam literature. Tirukkural is comprised of 133 sections of 10 couplets each dividedRead more
Grameen Udyami Scheme: The Grameen Udyami Scheme was launched to augment skill training in tribal communities for their inclusive and sustainable growth. Under the programme, the endeavor is to multi-skill India’s youth and impart functional skills to them for enabling livelihoods. It is funded by NSDC that aims to train 450 tribal students. The objectiveRead more
National Financial Regulatory Authority: NFRA was constituted in 2018 by the Government of India under section 132 (1) of the Companies Act, 2013. It is an audit regulator. Composition: It consists of a chairperson, who shall be a person of eminence and having expertise in accountancy, auditing, finance or law, appointed by the Central GovernmentRead more
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