Japanese PM Kishida invites PM Modi to G7 Hiroshima summit

Japanese Prime MinisterFumio Kishidahas formally invited Prime MinisterNarendra Modi to the Summit after both had a delegation-level talk at Delhis Hyderabad House.

PM Modi said that PM Kishidas visit will be helpful to maintain a momentum of mutual cooperation between India and Japan. He pointed out the importance

of leading two significant summits,G20 and G7, by respective countries.

26% of world lacks clean drinking water, 46% sanitation: UN

A new report launched on the eve of the first major U.N. conference on water in over 45 years says 26% of the worlds Population doesnt have access to Safe drinking water and 46% lack access to basic sanitation.

The U.N. World Water Development Report 2023 painted a stark picture of the huge gap that needs to be filled to meet U.N. goals to ensure all people have access to clean water and sanitation by 2030.

According to the report, water use has been increasing globally by roughly 1% per year over the last 40 years and is expected

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to grow at a similar rate through to 2050, driven by a combination of https://exam.pscnotes.com/population-Growth“>Population Growth, socio-Economic Development and changing consumption patterns.

ISROs Young Scientist Program YUVIKA 2022

The Indian Space Research Organisations Yuva Vigyani Karyakram (YUVIKA) or Young Scientist Programme is a special initiative with an objective to impart basic knowledge on Space Technology, space science and space applications to young students, especially in rural areas.

It also expects to create a platform that

encourages more students to pursue Science, Technology, Engineering and Mathematics (STEM) based research/ careers.

NABARDs Grameena Habba to showcase rural art work

, Karnataka regional office, is holding its annual Marketing event Grameena Habba, a platform for rural artisans to sell agricultural, handicraft and handloom products in Bengaluru till March 14. This year, the Grameena Habba is being held at Mantri Square Mall, Malleswaram.

Rural artisans, weavers, farmers and tribes across India and several districts of Karnataka are showcasing handmade arts, handloom sarees, handwoven dress material, Home decors, tribal products, natural beauty products, organic food products, jewellery and accessories during this festival.

The income that

they earn from selling these products will directly reach the artisans.

Government releases norms for Strengthening of Pharmaceutical industry (SPI) Scheme

The Centre has assigned an outlay of500 crore for the period from fiscal FY 21-22 to FY 25-26.

The main objectives of the scheme are to strengthen the existing facilities in order to make India a global leader in the Pharma Sector.

Under the Scheme, financial assistance to pharma clusters will be provided for creation of Common Facilities.

This will not only improve the quality but also ensure the sustainable Growth of clusters.

Further, in

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order to upgrade the production facilities of SMEs and MSMEs so as to meet national and international regulatory standards (WHO-GMP or Schedule-M), interest subvention or capital subsidy on their capital loans will be provided, which will further facilitate the growth in volumes as well as in quality.

Soyabean meal output up, but export slips

A drop in crushing and slow meal off-take amid high prices in the international market for Indian origin soyameal has led to a decline in soyabean meal exports.
The export of soyabean meal in the period October-February 2022 has stood at 4.23 lakh tonne as

against 13.55 lakh tonne in the same period a year ago, according toSoybean Processors Association of India(SOPA).

Soyabean oil year runs from October to September.

Madhya Pradeshis a leading soyabean producing state contributing over 70 per cent to total national output.

Exports of soyabean meal in February were recorded at 50,000 ton in comparison to 3.52 lakh ton in the corresponding period a year ago, according to the trade body. Exports in February were 50,000 tonne, lower by 55 per cent from January this year. SOPA has also revised downward crushing of soyabean for the year 2021-22 to 88 lakh ton from earlier estimated

90 lakh ton while local meal consumption has been revised down to 56 lakh tonne as against 58 lakh tonne

Hungary elects Katalin Novak, first-ever female president

The Hungarian parliament has elected Katalin Novak, a close ally of Prime Minister Viktor Orban, as the EU members first-ever female president.

Novak, who most recently served as a minister for family policy, portrayed her election on Thursday as a victory for Women.

She

was elected to the mostly ceremonial role by 137 votes to 51 in the parliament dominated by Orbans right-wing Fidesz party ahead of opposition challenger Peter Rona, an economist.

Curtailing pollution must to reduce superbugs: UN report

Curtailing pollution created by pharmaceuticals, agricultural and healthcare sectors is essential to reduce the emergence, transmission, and spread of superbugs — strains of bacteria that have become resistant to every known antibiotic — and other instances of antimicrobial resistance, known as AMR.

This is the key message of a report released by the UN Environment Programme (UNEP) on the environmental dimensions of AMR, which already is taking a serious

toll on the The development and spread of AMR mean that antimicrobials used to prevent and treat infections in humans, animals and Plants might turn ineffective, with modern medicine no longer able to treat even mild infections.

Listed by the WHO among the top 10 global threats to Health, it is estimated that in 2019, 1.27 million deaths were directly attributed to drug-resistant infections globally, and 4.95 million deaths worldwide were associated with bacterial AMR (including those directly attributable to AMR).

AMR is expected to cause 10 million additional direct deaths annually by 2050. This equals the number of deaths caused globally by cancer in 2020.

The report highlights a comprehensive set of measures to address both the decline of the environment and the rise of AMR, especially addressing key pollution sources from poor sanitation, sewage, community and municipal wastes.

FPIs’ investment value in equities dips 11% to $584bn

The value of foreign portfolio investors’ (FPI) holdings in the domestic equities reached $584 billion at the end of December 2022, which was 11% lower from preceding year, according to a Morningstar report.

This was largely on low return given by the Indian equities and exodus of foreign from the domestic stock market. Going by the report, the

value of FPIs investments in Indian equities dropped to $584 billion as of December 2022 as compared to $654 billion at the end of December 2021.

On a quarter-on-quarter basis, the value of FPIs Investment grew 3% from $566 billion in the three months ended September 2022. This was also the second consecutive quarter, when the value of their investment in the domestic stock market had increased. Consequently, FPIs’ contribution to Indian Equity Market Capitalisation also went up during the quarter to 17.12% from 16.97% in the September 2022 quarter. After posting a robust Growth in 2020 and 2021, the global equity markets went through a turbulent phase in 2022. In fact, 2022 was a difficult year as the world witnessed multiple challenges that weighed on the international markets.

Myanmar, Russia sign pact on developing nuclear power

Myanmar’s military-led government, working with Russia’s state atomic energy company, has inaugurated a nuclear power information center as a step toward developing atomic power to fill energy shortages in the strife-torn Southeast Asian nation.

Myanmar hopes to build and operate a reactor under a preliminary agreement between Myanmar and Rosatom that was signed in 2015, the newspaper said. The two sides signed memorandums of understanding in Moscow in July on Nuclear Energy, training and promotion of public understanding of atomic power.

The development is likely to ignite concerns that Myanmar’s military would like to develop a nuclear weapons capability. There were suspicions a

decade ago that North Korea was supplying nuclear arms technology to Myanmar, but there was no definitive evidence.