- India Post opened a post office at its Bharati station in Antarctica.
- The inauguration coincided with the 24th Foundation Day of the National Centre for Polar and Ocean Research (NCPOR), Goa.
- Earlier, IP had set up post offices at Dakshin Gangotri Station in 1984 and another at Maitri Station in 1990.
- About IP/department of post
- It comes under the Ministry of Communications.
- With more than 1,55,000 post offices, it has the most widely distributed postal network in the world.
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- The government simplified the payment mechanism for pulses import from Myanmar through the utilization of Vostro Accounts
- About Vostro Account
- A Vostro account is a bank account that other foreign banks hold with “our” bank in the domestic currency i.e rupees.
- SRVA is an additional arrangement to the existing system that uses freely convertible currencies and works as a complimentary system.
- Prior RBI approval is required for opening of SRVA
- These accounts reduce the need for holding foreign exchange reserves and dependence on foreign currencies for bilateral transactions.
- Rising input costs have made the fast-moving consumer goods (FMCG) segment to adopt shrinkflation.
- About Shrinkflation
- It is the practice of reducing the size of a product while maintaining its current retail price. e.g., reducing the number of biscuits or chips in a packet for the same price.
- It is a form of hidden inflation, which companies adopt to reduce customers' flee due to price rise.
- Causes: Higher production cost, intense market competition, etc.
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Article Sources
1 source- Researchers have uncovered a vast reservoir of water, dubbed the "Ringwoodite ocean," concealed within the Earth's mantle, over 700 kilometers beneath the surface.
- "Ringwoodite Ocean" is a vast reservoir of water trapped within the mineral ringwoodite in the Earth's mantle.
- About Ringwoodite
- It is a vivid blue mineral formed under high temperatures and pressures in Earth's mantle.
- It is one of the most typical high-pressure mineral in meteorites.
- Named after Australian earth scientist Alfred E. Ringwood who studied polymorphic phase transitions in common mantle minerals, olivine and pyroxene.
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- Climate experts voiced concerns regarding SBTi’s decision allowing companies to offset greenhouse gas emissions from their value chain.
- SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to combat the climate crisis.
- It develops standards, tools, and guidance to meet corporate climate targets.
- It is Incorporated as a charity, SBTi’s partners include,
- Carbon Disclosure Project (CDP)
- United Nations Global Compact,
- We Mean Business Coalition,
- World Resources Institute (WRI), and
- World Wide Fund for Nature (WWF).
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- Indian Army and Indian Air Force marked 40th year of its presence on strategically-significant Siachen glacier under Operation Meghdoot.
- Operation Meghdoot was launched on 13 April 1984, when Indian Army and Indian Air Force (IAF) advanced to Siachen to secure heights dominating Northern Ladakh.
- About Siachen Glacier
- Located at the height of 20,000 feet, in the Eastern Karakoram Range of the Himalayas.
- It is the second longest (75KM) non-polar glacier in the world, after Fedchenko Glacier in Tajikistan.
- Nubra river originates from the Siachen glacier.
- It is the highest militarized zone in the world.
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1 source- Ashwagandha is growing in popularity, both in India and abroad.
- About Ashwagandha
- It is an evergreen shrub found in parts of India, Africa, and the Middle East.
- Used as a medicinal plant, especially in traditional Ayurvedic medicine.
- Contains several bioactive compounds, including withanolides, which have anti-inflammatory and antioxidant effects.
- Its supplements are often promoted for stress and anxiety, sleep, male infertility, athletic performance, etc.
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