December, 2023 -

China’s Groundbreaking Voyage: Mengxiang Sets Sail for Earth’s Mantle Exploration

December 30, 2023

China has introduced its groundbreaking ocean drilling vessel, Mengxiang, signifying a pivotal moment in scientific exploration. Developed by the China Geological Survey in collaboration with 150 research institutes and companies, the vessel is named “dream” in Chinese, reflecting its ambitious mission. The Mengxiang aims to penetrate Earth’s crust and delve into the mysteries of the …

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Projected Threefold Growth in Tax Collection Under Modi’s 10-Year Governance

December 30, 2023

In the span of 10 years under Prime Minister Narendra Modi’s leadership, both personal income and corporate tax collections in India are expected to surge to over Rs 19 trillion. This substantial growth provides the government with flexibility to introduce tax measures benefiting the public. I. Revenue Growth Trajectory Net direct tax collections, accounting for …

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Core Sector Output Growth Hits Six-Month Low at 7.8% in November

December 30, 2023

In November, the production growth of eight crucial infrastructure sectors hit a six-month low at 7.8%, primarily attributed to declines in the crude oil and cement sectors. While this figure is higher than the 5.7% recorded a year ago, it reflects a slowdown from October’s 12% growth. The last comparable dip occurred in May, with …

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Government Modifies Interest Rates on Small Savings Schemes

December 30, 2023

In a recent decision, the Union government announced adjustments in the returns on specific savings schemes, leaving the Public Provident Fund (PPF) rate untouched for the sixth consecutive quarter. The Sukanya Samriddhi Account Scheme (SSAS) will now yield 8.2%, up from the previous 8%, while the 3-year time deposit rate increases marginally to 7.1% from …

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Gujarat To Unveil India’s First Submarine Tourism In Dwarka

December 30, 2023

The Gujarat government, in collaboration with Mazgaon Dock Limited (MDL), is set to make waves in the tourism industry by introducing India’s first submarine tourism venture. This ambitious project aims to explore the mesmerizing marine life surrounding Bet Dwarka, a sacred island off the coast of Dwarka city, steeped in mythological significance within Hinduism. …

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Argentina Rejects BRICS Membership under President Javier Milei

December 30, 2023

Argentine President Javier Milei has officially declined the invitation to join the BRICS (Brazil, Russia, India, China, South Africa) grouping of major emerging economies. The rejection was conveyed through letters sent to BRICS leaders, solidifying Argentina’s decision to abstain from the bloc. The libertarian outsider, who assumed office recently after a significant electoral victory over …

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ULFA Peace Accord Marks Historic Day for Assam: Amit Shah

December 30, 2023

In a landmark development, the pro-talks faction of the United Liberation Front of Asom (ULFA) inked a historic peace accord with the central and state governments, marking a significant stride towards ending decades of insurgency in Assam. Key Agreements Violence Abandoned: The ULFA’s commitment to renounce violence and disband the organization was a pivotal aspect …

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Kerala CM Unveils Board For Transparent PSU Hiring

December 30, 2023

Kerala’s Chief Minister, Pinarayi Vijayan, recently inaugurated the Kerala Public Enterprises (Selection and Recruitment) Board, a pivotal step toward enhancing transparency and efficiency in the recruitment processes of public sector units (PSUs). This establishment, located at Vellayambalam, is set to play a crucial role in identifying and appointing capable candidates within state-run entities. The …

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Recap 2023: Important Missions by ISRO

December 30, 2023

1. SSLV-D2/EOS-07 Mission is successfully accomplished The SSLV-D2, launched on February 10, 2023, from SDSC SHAR, Sriharikota, successfully placed EOS-07, Janus-1, and AzaadiSAT-2 into a 450 km circular orbit in a 15-minute flight. SSLV is a cost-effective launch vehicle designed for up to 500 kg payloads to Low Earth Orbit, offering on-demand launches with minimal …

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Navy Unveils New Admirals’ Epaulettes in ‘True Reflection of Indian Rich Maritime Heritage’

December 30, 2023

In a significant move reflecting India’s commitment to its maritime heritage and a departure from colonial vestiges, Prime Minister Narendra Modi announced the unveiling of new designs for Admirals’ epaulettes and a renaming of ranks within the Indian Navy. This announcement was made during Navy Day celebrations at Sindhudurg on December 4, emphasizing a shift …

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Monthly Archives: December 2023

China’s Groundbreaking Voyage: Mengxiang Sets Sail for Earth’s Mantle Exploration

Projected Threefold Growth in Tax Collection Under Modi’s 10-Year Governance

Core Sector Output Growth Hits Six-Month Low at 7.8% in November

Government Modifies Interest Rates on Small Savings Schemes

Gujarat To Unveil India’s First Submarine Tourism In Dwarka

Argentina Rejects BRICS Membership under President Javier Milei

ULFA Peace Accord Marks Historic Day for Assam: Amit Shah

Kerala CM Unveils Board For Transparent PSU Hiring

Recap 2023: Important Missions by ISRO

Navy Unveils New Admirals’ Epaulettes in ‘True Reflection of Indian Rich Maritime Heritage’

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