Page-31 of Current Affairs - May, 2024

NPCI signs UPI tech contract with Bank of Namibia

On May 3, 2024, NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), entered into its first international agreement with the Bank of Namibia. This collaboration is aimed at developing a real-time payment ..

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Archaeologists uncover 7000-year-old Prehistoric Settlement in Serbia

Archaeologists have recently discovered a 7000-year-old pre-historic settlement near the Tamiš River in northeastern Serbia. The settlement is believed to date back to the late Neolithic period and spans roughly 11-13 hectares, surrounded by four to six ditches. The researchers ..

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United States: Proposed Reclassification of Marijuana by the DEA

On May 3, 2024, the US Drug Enforcement Administration (DEA) initiated a proposal to reclassify marijuana as a less dangerous drug. This proposal, backed by the Justice Department, aligns with President Joe Biden’s directive to the US Department of Health ..

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Indian Navy’s Modernization Plan with Steam to Diesel Conversion

The Indian Navy has initiated a modernisation programme to enhance the life, maintenance support, and capability of its warships by converting their propulsion systems from steam to diesel. The Ministry of Defence had signed a contract worth Rs. 313.42 crore ..

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Greater ice on Moon; critical for missions: ISRO Study

A recent study conducted by scientists from ISRO’s SAC in collaboration with other research institutions has revealed enhanced possibilities of water ice occurrence in the polar craters of the Moon. The study suggests that the amount of subsurface ice in ..

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Oldest Evidence of Earth’s Magnetic Field Found in Rocks

Geologists from MIT and Oxford University discovered the oldest evidence of Earth’s magnetic field in 3.7 billion-year-old rocks from Greenland’s Isua Supracrustal Belt. This finding suggests Earth’s conditions may have been habitable earlier than thought, with a stable magnetic shield ..

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First Walrus Death From Bird Flu in Arctic

Recently, a researcher from the Norwegian Polar Institute, Christian Lydersen, reported the first case of a walrus dying from bird flu on Hopen Island in the Svalbard archipelago. Around six dead walruses were found in the Svalbard islands, located 1,000 ..

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Draft Explosives Bill, 2024

In recent news, the government is planning to introduce the draft Explosives Bill, 2024, as a replacement for the Explosives Act, 1884. The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed raising fines for violation of regulations ..

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