KIIFB Controversy

Recently, the Enforcement Directorate (ED) has opened a preliminary inquiry to examine if borrowings by the Kerala Infrastructure Investment Fund Board (KIIFB) from overseas markets violated the provisions of the Foreign Exchange Management Act (FEMA) 1999. KIIFB was established to manage the Kerala Infrastructure Investment Fund (KIIF), as per the KIIF Act 1999. In 2016, the government changed the role of KIIFB from handler of investment bonds

Land-attack Version of BrahMos Missile

Recently, India has successfully test-fired a land-attack version of the BrahMos supersonic cruise missile from the Andaman and Nicobar Islands. The test by the Army comes over a month after the Naval version of BrahMos was successfully test fired from Indian Navy’s indigenously-built stealth destroyer INS Chennai. Key Points Features of New Land-attack Version: The range of the missile has been extended to

UMANG International

The Ministry of Electronics and Information Technology, in coordination with the Ministry of External Affairs, has launched an international version of the government’s UMANG app. The international version of UMANG app called ‘UMANG International’ was launched to mark three years of UMANG (UMANG App was launched in 2017). Key Points Coverage: The international version is for select countries that include USA, UK,

Chang’e-5 Probe

China is preparing to launch an unmanned spacecraft to bring back lunar rocks, the first attempt by any nation to retrieve samples from the moon in four decades. The Chang’e-5 probe, named after the mythical Chinese moon goddess, aims to shovel up lunar rocks and soil to help scientists learn about the moon’s origins, formation

Jason-CS Mission

Recently, Copernicus Sentinel-6 Michael Freilich satellite was launched from the Vandenberg Air Force base in California aboard a SpaceX Falcon 9 rocket. Key Points Jason-CS Mission: Sentinel-6-Satellite is a part of the mission dedicated to measuring changes in the global sea level. The mission is called the Jason Continuity of Service (Jason-CS) mission. Objective of the Mission: To measure the height of the ocean, which is a key

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