External Benchmarks Lending Rate

According to a recent RBI report on ‘Monetary transmission in India’, the share of outstanding loans linked to External Benchmarks Lending Rate (EBLR – like repo rate), increased from as low as 2.4% during September 2019 to 28.5% during March 2021. This increase in EBLR linked lending will contribute to significant improvement in monetary policy transmission. However, still 71.5% of outstanding loans are

NASA’s New Spacecraft: NEA Scout

Recently, National Aeronautics and Space Administration (NASA) has announced that its new spacecraft, named Near-Earth Asteroid Scout or NEA Scout, has completed all required tests and has been safely tucked inside the Space Launch System (SLS) rocket. NASA’s New Spacecraft: NEA Scout About NEA Scout: Near-Earth Asteroid Scout, or NEA Scout, is a miniaturized spacecraft, known as a CubeSat, developed under NASA’s Advanced Exploration

Dragon Fruit

In June 2021, India exported its first consignment of dragon fruit from a farmer of Maharashtra to Dubai in the United Arab Emirates. Dragon Fruit About: Introduction: The dragon fruit (Hylocereus undatus) is indigenous to the Americas. It is a member of the cacti family. It is also known as ‘Pitaya’, ‘Pitahaya’, strawberry pear, noblewoman and queen of the night throughout the world. In India, it is

Changing Landscape of Alps: Europe

A recent study by the ETH technical university in Zurich, Switzerland shows that climate change has dramatically altered the Swiss Alp landscape. Changing Landscape of Alps: Europe Important Findings: Melting glaciers have created more than 1,000 new lakes across the mountains. The inventory of Swiss Glacial lakes showed that almost 1,200 new lakes have formed in formerly glaciated regions of the Swiss Alps since the end

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