UPSC

RCEP Negotiations- From Trade to Economic Partnership: UPSC Daily Important Topic | 21 May 2022

RCEP Negotiations: From Trade to Economic Partnership ✓While the India-ASEAN Trade in Goods Agreement was inked and enforced from January 1,2010, India’s goods trade deficit with ASEAN widened from $4.98 billion in 2010-11 to $14.75 billion in 2015-16, and then narrowed to $9.56 billion in 2016-17.  ✓The huge goods trade deficit has led to questions

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Skyroot Aerospace successfully test fires its rocket engine

Skyroot Aerospace successfully test fires its rocket engine

Hyderabad-based space tech startup Skyroot Aerospace on May 19 announced the successful completion of a full duration test-firing of its Vikram-1 rocket engine, the country’s first privately designed and developed rocket. The company announced the completion of the milestone of full duration test-firing of its Vikram-1 rocket stage. The third stage, named Kalam-100 after former President

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SC orders constitution of 25 special courts for cheque bounce cases

SC orders constitution of 25 special courts for cheque bounce cases

The Supreme Court has ordered to constitute 25 special courts with a retired judge in five states for expeditious disposal of cheque bounce cases. The special courts under the Negotiable Instruments Act will be set up in Maharashtra, Delhi, Gujarat, Uttar Pradesh and Rajasthan in view of a large number of pending cases. The special courts shall follow the same procedure with respect to trial as

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NEFT, RTGS facility available for post office savings account holder

NEFT, RTGS facility available for post office savings account holder

According to a Department of Post circular, the NEFT facility has been made available for Post Office Savings Accounts holders from May 18, 2022, and RTGS facility will be available from May 31, 2022. This facility enables POSB customers to transfer funds to and from other bank accounts to POSB Accounts in DoP-CBS (DoP-CBS stands for Department of Posts – Core Banking Solutions).

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HANSA-NG Aircraft successfully completed Engine Relight test in Air

HANSA-NG Aircraft successfully completed Engine Relight test in Air

HANSA-NG (flying trainer Aircraft) has successfully completed an in-flight engine relight test at DRDO’s Aeronautical Test Range (ATR) facility, Challakere, Karnataka. The aircraft was designed & Developed by CSIR-National Aerospace Laboratories (CSIR-NAL). The flight test was carried out at an altitude of 7000-8000 feet with a speed range of 60 to 70 knots by Wg Cdr K V Prakash and Wg Cdr NDS Reddy.

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Assam Rifles, Axis Bank and NIEDO ink MoU to establish Centre of Excellence

Assam Rifles, Axis Bank and NIEDO ink MoU to establish Centre of Excellence

Assam Rifles inked a Tripartite MoU with Axis Bank and National Integrity and Educational Development Organisation (NIEDO) to establish a Centre of Excellence and Wellness to secure a better future for the youth of Nagaland. The centre named after Late Capt N Kenguruse MVC Centre of Excellence and Wellness will be located at Chieswema in Kohima district. Free residential coaching will be provided to 30 children from

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