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Current Affairs

Adani pays $10.5 billion for Ambuja and ACC

May 16, 2022 by iascurrent
Adani Holchim

The Adani family announced that it had entered into definitive agreements to buy Holcim Limited’s full investment in Ambuja Cements Limited and ACC Limited, two of India’s major cement producers, using an offshore special purpose … Read more

Categories Current Affairs, Economy, National Leave a comment

The first image of a Blackhole at the centre of the Milky Way galaxy has been released by astronomers

May 14, 2022 by iascurrent
Blackhole

Blackhole: In press conferences held around the world, scientists from the Event Horizon Telescope(EHT) facility, a collaboration of over 300 researchers, revealed the first image of the black hole at the centre of the Milky … Read more

Categories Current Affairs, Science and Technology Leave a comment

Climate change is expected to reduce food production and increase hunger in India, a new report

May 14, 2022 by iascurrent
Climate

According to a report on climate change and food systems published by the International Food Policy Research Institute (IFPRI), India’s food production could drop 16 percent by 2030, while the number of people at risk … Read more

Categories Current Affairs, environment, National Leave a comment

Twin Cyclone” The Science behind twin cyclones

May 14, 2022 by iascurrent
Twin Cyclones, cyclone

A pair of cyclones, one in the northern hemisphere and one in the southern hemisphere, have been seen in recent satellite images in the Indian Ocean region. These twin cyclones, named cyclone Asani and cyclone … Read more

Categories Current Affairs, National, Science and Technology Leave a comment

90 lakh Ujjwala beneficiaries are not getting refills

May 14, 2022 by iascurrent
Ujjwala

90 lakh beneficiaries of the Narendra Modi government’s flagship welfare scheme, the Pradhan Mantri Ujjwala Yojana, did not refill their cylinders in the previous fiscal year. Over 1 crore people only had to refill their … Read more

Categories Current Affairs, National, Welfare Schemes Leave a comment

India has imposed restrictions on wheat exports

May 14, 2022 by iascurrent
Wheat, India

The government of India has “prohibited” wheat exports, citing a threat to food security. The decision was made on Friday in response to a “sudden surge in global wheat prices originating from a variety of … Read more

Categories Current Affairs, Economy, National Leave a comment

Trade deficit: In April, a surge in oil imports worsens the trade deficit

May 14, 2022 by iascurrent
Trade

Trade Deficit: Official data show that a rise in crude oil imports pushed India’s goods import bill to $60.3 billion in April, up 31%. The trade imbalance widened this month to $20.11 billion, up from … Read more

Categories Current Affairs, Economy, National Leave a comment

Booster Dose: CMC study found that boosting with a different vaccine increased antibody response

May 14, 2022 by iascurrent
Booster dose

A booster dose of COVID-19 vaccine that was not the same as the initial dose elevated antibody levels higher than a booster dose of the same vaccination. When compared to a Covishield booster after two … Read more

Categories Current Affairs, COVID, National Leave a comment

Elon Musk puts a $44 billion purchase for Twitter on hold, and Twitter’s stock drops

May 14, 2022 by iascurrent
Elon Musk

Elon Musk placed his $44 billion purchase of Twitter Inc on hold on May 13, claiming a lack of evidence in support of his assessment that spam and bogus accounts account for fewer than 5% … Read more

Categories Current Affairs, International Leave a comment

Tesla in India: After a tariff impasse, Tesla has put its plans to enter India on hold

May 14, 2022 by iascurrent
Tesla

After failing to achieve reduced import duties, Tesla Inc has put plans to sell electric cars in India on hold, abandoned a search for showroom space, and transferred some of its domestic team, according to … Read more

Categories Current Affairs, Economy, National Leave a comment
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