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Centre Launches Tests For Hydrogen-Based Advanced Cell Electric Vehicle

Pooja YadavMarch 22, 20220

The Union minister for road transport and highways Nitin Gadkari inaugurated a test for Hydrogen-based advanced fuel cell electric vehicles (FCEV). This pilot program was initiated by Toyota Kirloskar Motor Pvt. Ltd. For this project, Toyota worked with the International Center for engineering (ICAT). The project involves studying and evaluating the world’s most advanced FCEV called “Toyota Mirai” on Indian roads and its atmospheric conditions. The aim is to spread awareness regarding FCEV technology and disseminate the advantages to support a hydrogen-based ecosystem. Toyota Mirai was launched in 2014 and is one of the world’s first hydrogen fuel electric vehicles. The word ‘Mirai’ within the Japanese language means ‘future’. It is powered by a hydrogen cell battery pack and c

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Ukraine Gets Electricity Grid From European Countries; Know Its Impact Over Ongoing Tensions

Pooja YadavMarch 21, 20220

Ukraine has been linked to an electricity grid of continental Europe. This can reduce Ukraine’s dependence on Russia. According to an announcement by the ECU Network of gear Operators (ENTSO-E), the electricity grids of Ukraine and Moldova were successfully synchronized with the Continental European grid on an endeavour basis. Preparation for grid synchronization was happening since 2014 when Russia annexed Crimea. But because of the 2022 Russian invasion, Ukraine put an emergency request to hurry up the method, so immediately trials were started. Now, energy suppliers within the European continental grid, which stretches from Portugal to Poland, can supply electricity to Ukraine during an emergency. this may help in maintaining the soundness of the ability systems of Ukra...

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EU To Impose World’s First Carbon Dioxide Emmision Tarrifs; Read On To Know More

Pooja YadavMarch 21, 20220

The European Union (EU) countries decided to impose the world’s first CO2 emissions tariff on imports of polluting goods. Starting from 2020, the EU had introduced greenhouse gas emissions costs on imports of steel, cement, fertilizers, aluminium and electricity. The finer details of the plan aren't yet finalized, which can be figured out in future negotiations. The aim of imposing this tariff is to shield the EU industry because the European market is flooded by cheaper goods made in countries with weak environmental rules. According to the EU, this carbon border tariff is a trial to make a grade playing field by imposing the identical carbonic acid gas costs on EU companies and people abroad. EU held that this move will avoid any carbon leakage and can also encourage part...

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IMF To Start Talks With Sri Lanka

Our CorrespondentMarch 21, 20220

The IMF intends to begin discussions with Sri Lanka on a program to support the country. Spokesman Gerry Rice said the island was facing heavy currency depreciation and inflation after an unusual battle of printing money to keep interest rates low.   President Gotabaya Rajapaksa said in a national address on Wednesday that he has permitted the IMF program to go ahead after meeting senior staff of the lender in Colombo. Officials have also indicated that they are actively considering an IMF-backed program," said IMF spokesman Gerry Rice.   During the Finance Minister's visit to Washington in April, we will discuss with officials how best we can help Sri Lanka move forward. The IMF has already called for tighter monetary policy to prevent liquidity injections ...

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COVID-19EducationForce MajeureHealthHotIndiaLatest NewsLifestyleScience & TechSocietyTrendingVaccine

Covishield Shots Gap Reduced Amid COVID-19 Surge In Asia, Europe

Sonia SolankiMarch 21, 20220

The National Technical Advisory Group on Immunization (NTAGI) plans to cut down the gap between the two shots of Covishield. This recommendation by NTAGI pours in as the Omicron surge is making news in Asia and Europe during last week. The World Health Organisation (WHO) chief recently warned people that this could be the "tip of the iceberg." Why Covishield Gap Cutdown? Talking of the upcoming surge of Omicron 2 in Asia, India continues to curb the number of covid infections. This is a great relief but we still need to understand that the coronavirus new variants are still in circulation. Vaccination cover is yet to reach each and every eligible candidate. Social distancing and wearing mask is also reducing as day by day social activity are becoming rigorous. Secondly, India h...

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Gita In Gujarat Schools From Class 6-12, Creates Stir On Social Media

Sonia SolankiMarch 19, 20220

The Gujarat education minister Jitu Vaghani has introduced the addition of Bhagavad Gita in the school curriculum for classes 6-12 across the state. The move has revoked a stir on social media. Certainly, the issue is a sensitive one as it revolves around the sentiments and culture of our country. Why Gita Needs To Be Taught ? The need for introducing Gita in school curriculum is done with the motto to "cultivate a sense of pride and connection to traditions" as the state's education minister said. He added, "Shrimad Bhagavad Gita's values, principles and importance are accepted by the people of all religions. In class 6, Shrimad Bhagavad Gita will be introduced in such a way that students will develop an interest in it." Why Religion Needs A Subjective Approach? The decisio...

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COVID-19Force MajeureHealthHotIndiaInternationalLatest NewsLifestyleScience & TechSocietyTrendingVaccine

Second Wave Of Omicron Gushes In Europe: Is Coronavirus Rebooting?

Sonia SolankiMarch 19, 20220

The COVID-19 pandemic seems to be rebooting again itself with cases showing a surge in numbers in Europe especially. Though in the last few weeks, the pandemic showed a decline across the globe. But recently, the cases are increasing again in the region of East and Southeast Asia as well as Western Europe. Although talking about Asia, India is showing a constant decline in covid cases. Not only this, India's case number is as low as it was nearly two years back. Indeed a great news for India, as according to the government data, the average daily cases in India decreases by 98.9% in Seven weeks time span. This time span ranges from 19-25 January to 9-15 March. Global trends Of Omicron Surge : As per worldometers.info data, in the last one week, the rate of covid infection increase...

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RBI Announces New Policy For Microfinance Loans; Read On To Know More

Pooja YadavMarch 17, 20220

Reserve Bank of India (RBI) once again made announcements regarding the regulatory framework on microfinance loans. RBI has done away with the margin caps on the pricing of small loans given by non-banking financial company-microfinance institutions (NBFC-MFIs). Earlier, as far as the limit was concerned, there was a limit on the charge per unit charged by microfinance lenders. The most rate of interest was 10-12% above the price of funds incurred by the institution or 2.75 times the common interest rate of the five-largest commercial banks, whichever is lower. Now, the removal of margin caps brings NBFC-MFIs to the identical level as other lenders like banks. This can pave the way for the underwriting of loans supported risk analysis. Also, betting on the borrower, a risk premiu...

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Centre Announces ‘Meri Policy Mere Haath’ In Karnataka; Know Highlights

Pooja YadavMarch 17, 20220

Meri Policy Mere Haath campaign was launched in Hassan, Karnataka by the centre. The campaign is a component of the Pradhan Mantri Fasal Bima Yojana (PMFBY). The campaign is geared toward motivating all farmers within the country to ensure their crops. Under this campaign, it is assumed that every farmer who has taken insurance under the PMFBY will get the policy documents at their doorstep. The campaign empowers the farmers through crop insurance awareness and by bringing the contract to their doorsteps. The campaign will help in increasing the direct communication between the farmers and insurance companies. Thus, it bridges the prevailing trust deficit between farmers and insurance companies. Other farmers will get motivated and the sum of money of Pradhan Mantri Fasal Bima...

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BMC Releases Mumbai Climate Action Plan; Becomes First City In India

Pooja YadavMarch 17, 20220

The Maharashtra government has launched the Mumbai Climate Action Plan (MCAP) which was prepared by Brihanmumbai Municipal Corporation (BMC). With this, Mumbai has become the first city in India to have such a strategy. Before the preparation of MCAP, a vulnerability assessment of greenhouse emission (GHG) and natural green cover inventory was conducted. World Resources Institute (WRI), India, and therefore the C-40 Cities network provided technical support to BMC for the preparation of the plan. Highlights of MCAP MCAP has laid down a 30-year roadmap for Mumbai to tackle the challenges of temperature change. it's set short-, medium- and long-term climate goals to realize the target of net zero emissions by 2050. It's identified six strategic areas where massive changes will need ...

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India Loses 1/3rd Solar Power Prospects Due To Air Pollution: IIT Delhi Study

Sonia SolankiMarch 17, 20220

The latest study conducted by the Indian Institute of Technology (IIT) Delhi reveals the effect of polluted air on solar power prospects. Although the study is done in order to study the impact of pollution on renewable energy goals of India. According to this study, "India lost almost 29% of its global horizontal irradiance potential between 2001 - 2018." Why Renewable Energy Is Crucial? In India's portfolio of climate control, one of the main factors is the enhancement of Solar energy utilization. At present India stands at the fifth position in solar energy production capacity with 50 terawatts every hour.  The sensitization of climate change is a necessity as we are moving ahead with new technologies. The humungous issue of pollution has affected millions and millions of l...

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Ajay Bhushan Pandey Becomes Next Chairperson Of National Financial Reporting Authority

Pooja YadavMarch 16, 20220

The approval for the appointment of former finance secretary Ajay Bhushan Pandey as the chairperson of the National Financial Reporting Authority (NFRA) has come by the Appointments Committee of the cupboard (ACC). NFRA is a statutory body established in 2018 under the Businesses Act 2013. It is an independent regulatory body, which oversees the auditing profession, accounting standards and policies in India. The authority recommends the formulation and laying down of accounting and auditing policies and standards for companies and their auditors. It also monitors and enforces compliance with accounting standards and auditing standards in such a manner as could also be prescribed. NFRA also oversees the standard of service of the professions related to ensuring compliance with s...

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