Page-12 of Current Affairs - August, 2023

Bio-Trace Minerals Project

August 19, 2023

The Technology Development Board (TDB) and Chemlife Innovations Pvt. Ltd. have formed a strategic alliance to propel the project “Commercialization and Manufacturing of Bio-Trace Minerals used in Feed for Animals.” Aligned with India’s National Livestock Mission, the collaboration aims to ..

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Youth Perception of Key Challenges and Career Aspirations in India

August 19, 2023

A report by Lokniti-CSDS reveals that a substantial number of Indian youth between 15 and 34 years old view unemployment as the most significant issue in the country (36%). The study, conducted across 18 states with 9,316 respondents, highlights how ..

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Canalisation of Rivers

August 19, 2023

The state of Punjab has recently faced significant flooding due to intense rainfall and dam releases. The region’s rivers, including Sutlej, Beas, and Ravi, along with rivulets and seasonal streams, contribute to its water network. Experts advocate for effective regulation ..

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Demon Particle

August 19, 2023

A groundbreaking discovery of a unique ‘demon particle’ with potential implications for superconductors has been made by researchers at the University of Illinois Urbana-Champaign. The particle, first predicted by physicist David Pines nearly 70 years ago, was identified within the ..

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RBI Sets Guidelines for Penal Charges on Loan Defaults

August 19, 2023

The Reserve Bank of India (RBI) has issued guidelines to lenders, directing them to categorize penalties for borrower defaults as ‘penal charges’ rather than ‘penal interest.’ The RBI’s guidelines emphasize that these charges must be “reasonable” and proportional to the ..

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Kalka-Shimla Railway

August 19, 2023

The revered Kalka-Shimla Railway (KSR), over 120 years old and a UNESCO World Heritage Site, has suffered extensive damage due to heavy monsoon rainfall in Himachal Pradesh. A critical section between Jutogh and Summer Hill stations has been washed away, ..

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RBI Mandates Flexible Options for Personal Loan Borrowers

August 19, 2023

The Reserve Bank of India (RBI) has directed regulated entities, including banks and NBFCs, to provide personal loan borrowers the flexibility to switch from floating to fixed rate interest regimes at the time of interest rate resets. In a circular, ..

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India’s First 3D-Printed Post Office

August 19, 2023

India has unveiled its first 3D-printed post office, inaugurated virtually by Union Minister Ashwini Vaishnaw in Bengaluru’s Cambridge Layout. The post office, built by Larsen & Toubro Limited in just 43 days, demonstrates the rapid advancement of 3D printing technology. ..

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