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Daily Archives: July 15, 2023

July 15, 2023 -_3.1

Megasiphon Thylacos, a new fossil species of tunicate discovered

In the landlocked state of Utah, within the Marjum Formation, paleontologists have made an exciting discovery—a fossil of a tunicate dating back 500 million years. Utah is situated in the Mountain West subregion of the Western United States. Fossil of 500-Million-Year-Old Megasiphon Thylacos Reveals Ancient Tunicate Body Structure and Feeding Habits The Megasiphon Thylacos fossil, …

Wholesale Price Index (WPI) for June 2023 Shows a Decline of 4.12%

Wholesale Price Index (WPI) for June 2023 Shows a Decline of 4.12%

The provisional Wholesale Price Index (WPI) for June 2023 in India has recorded a decline of 4.12% compared to the previous year. This decrease in the WPI is primarily attributed to falling prices in various sectors, including mineral oils, food products, basic metals, crude petroleum & natural gas, and textiles. Index Numbers & Annual Rate …

July 15, 2023 -_5.1

3,000-Year-Old Condor’s Passageway Discovered at Peru Temple Site

At the Chavin de Huantar archaeological site in Peru, archaeologists have made a captivating finding. They have successfully revealed a sealed corridor named the condor’s passageway within the ancient temple complex of the Chavin culture, which dates back 3,000 years. It is believed that this corridor may provide access to other chambers within the complex. …

July 15, 2023 -_6.1

G20: Finance Ministers and Central Bank Governors meeting in Gujarat

The Third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting, held during the Indian G20 Presidency, is slated to occur in Gandhinagar, Gujarat from July 17th to 18th, 2023. The meeting will be co-chaired by Smt. Nirmala Sitharaman, the Union Finance and Corporate Affairs Minister, and Dr. Shaktikanta Das, the Governor of the Reserve …

July 15, 2023 -_7.1

‘An Era Of Equality: ICC historic decision for women’s cricket equal pay

ICC announcing equal pay for men’s and women’s cricket tournaments is a major milestone in the women’s game. In a groundbreaking announcement, 13 July, prize money parity was declared for men’s and women’s teams at ICC events. Meeting in Durban, South Africa, the ICC announced that equal prize money will now be given to women …

Forex reserves at near 2-month high, rises by $1.23 billion to $596.28 billion

Forex reserves at near 2-month high, rises by $1.23 billion to $596.28 billion

India’s foreign exchange (forex) reserves have increased by $1.229 billion, reaching a total of $596.280 billion as per the data from the Reserve Bank of India (RBI). This marks a nearly 2-month high and the second consecutive weekly rise in reserves. The rise in reserves was primarily driven by the growth in foreign currency assets …

July 15, 2023 -_10.1

3rd Sherpas G20 meeting began in Hampi, Karnataka

About the News Hampi, located in Karnataka, India, a UNESCO World Heritage Site, is hosting the third Sherpas meeting as part of India’s G20 Presidency, with Amitabh Kant leading the meeting as the chairperson. The summit, organized by the Ministry of Cultural and External Affairs, anticipates the participation of more than 200 individuals representing 43 …

EIB keen to extend 1 bn euro for green hydrogen, RE projects in India

EIB keen to extend 1 bn euro for green hydrogen, RE projects in India

The European Investment Bank (EIB) has announced its support for India’s National Green Hydrogen Mission by offering a loan facility of up to €1 billion. The loan aims to assist India in developing its nascent green hydrogen ecosystem and renewable energy projects. EIB Vice-President Kris Peeters will confirm the lender’s interest in providing the loan …

21% unorganised workers exit PM pension scheme

21% unorganised workers exit PM pension scheme

The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) scheme, a pension scheme for unorganised workers in India, has witnessed a significant number of subscribers leaving the program in less than six months. This trend has raised concerns about the scheme’s viability and sustainability. Decrease in Subscribers The number of subscribers to the PM-SYM scheme has decreased …