The Basel Committee Subject: Economy Context: Banks clearing gold trades in London can apply for an exemption from tighter capital rules due in January 2022, a British regulator said on Friday, Concept: The Basel Committee – initially named the Committee on Banking Regulations and Supervisory Practices was established by the central bank Governors of the […]
Madurai Malli exported to USA and Dubai Subject: Economy Context: Consignments of Geographical Indications (GI) certified Madurai malli and other traditional flowers such as button rose, lily, chamanthi and marigold were exported to USA and Dubai from Tamil Nadu. Concept: Indian community in Dubai and USA would be able to offer freshflowers to […]
Peak power demand Subject: Economy Concept: Peak power demand in the country crossed the 2,00,000mega watt (MW) mark for the first time on Wednesday, surpassing the previous all-time high of 1,97,060 MW recorded just a day ago Concept: Peak demand on an electrical grid is the highest electrical power demand that has occurred […]
Bhalia variety of wheat was exported today Subject : Economy / Agriculture Context :In a major boost to wheat exports, the first shipment of Geographical Indication (GI) certified Bhalia variety of wheat was exported today to Kenya and Sri Lanka from Gujarat. Concept : The GI certified wheat has high protein content and […]