1.CareEdge Assigns BBB+ Rating to India
In News:
CareEdge Global IFSC Ltd assigned a long-term foreign currency (LTFC) rating of CareEdge BBB+ to India, reflecting India’s strong post-pandemic recovery and focus on infrastructure investment.
About:
- CareEdge published its first report on sovereign ratings, covering 39 global economies.
- It became the first Indian credit rating agency to enter the global scale ratings, including sovereign ratings.
Sovereign Credit Ratings:
- Assess a country’s ability to repay its debt.
- Favorable ratings improve access to global capital and attract foreign investments.
- Ratings are categorized as investment grade (low risk of default) or speculative grade (higher risk of default).
2.Dry Port
Context:
Telangana is set to introduce dry port facilities to boost logistics for industries.
What is a Dry Port?
- A dry port is an inland terminal that connects to a seaport via rail or road, serving as a trans-shipping hub for sea cargo.
- Customs formalities can be completed at the dry port, saving time and cost.
Key Features:
- Customs Clearance: Allows for completing customs procedures inland, reducing delays at seaports.
- Transportation Hub: Linked to seaports via road/rail for smooth cargo movement.
- Cost Efficiency: Reduces transportation costs and stores goods closer to industries.
- Decongestion of Seaports: Reduces pressure on seaports by handling initial processing inland.
3.Small Modular Reactors (SMR)
Context:
Holtech, a U.S.-based company, is pushing for a public-private partnership with India to deploy Small Modular Reactors (SMRs).
What are SMRs?
- Small Modular Reactors are advanced nuclear reactors with a power capacity of up to 300 MW(e), about one-third of the size of traditional nuclear reactors.
Significance of SMRs:
- Small: Physically much smaller than traditional reactors.
- Modular: Components can be factory-assembled and easily transported.
- Reactors: Utilize nuclear fission to generate heat and produce energy.
Advantages:
- Small physical footprint.
- Reduced capital investment.
- Can be sited in areas where larger plants can’t be.
- Allow incremental power additions.
- Enhanced security and nonproliferation measures.
4.New Method to Detect Cancer with Ultrasound
- Scientists have developed a new technique to detect cancers using ultrasound.
- Method: Ultrasound generates high-energy waves that break off small tissue fragments from potentially cancerous areas.
- Fragments are released into the bloodstream as droplets, containing biomolecules (RNA, DNA, proteins) that serve as biomarkers specific to cancer.
- Current diagnosis method: Biopsy, where a small tissue sample is extracted using a needle to confirm cancer presence and type through in vitro tests.
What is Ultrasound?
- Type of sound wave with frequency higher than human hearing limit (above 20,000 Hz or 20 kHz).
- Applications:
- Examine fetal development during pregnancy.
- Diagnose conditions affecting organs like heart, liver, kidneys, and gallbladder.
- Monitor blood flow through blood vessels (Doppler ultrasound).
5.ADITI 2.0 and DISC 12 Launched at DefConnect 4.0
- ADITI 2.0:
- 19 challenges focused on AI, Quantum Technology, military communication, anti-drone systems, and adaptive camouflage.
- Winners eligible for grants up to Rs 25 crore.
- DISC 12:
- 41 challenges in areas like UAVs and networking.
- Includes MIRA initiative for medical technology advancements.
- Winners can receive grants up to Rs 1.5 crore.
- Innovations for Defence Excellence (iDEX) Initiative:
- Launched in 2018 under DIO.
- Aims to create an ecosystem for innovation in defense and aerospace technologies.
- Provides funding, mentorship, and testing facilities to start-ups, MSMEs, and innovators.
6.Red Panda
- News: Red Panda Conservation Breeding and Augmentation Programme shortlisted for WAZA Conservation Award.
- Habitat: Eastern Himalayas (India, Nepal, Bhutan, Myanmar, China).
- Description: Slightly larger than a cat, reddish-brown fur, long bushy tail, waddling gait.
- Diet: Primarily bamboo, fruits, berries, occasionally small mammals/birds.
- Conservation Status: Endangered (IUCN Red List).
- Threats: Habitat loss (deforestation), poaching (fur, illegal pet trade).
7.Halari Donkey
- News: Rare and endangered breed with fewer than 500 individuals remaining.
- Region: Found in Gujarat’s Saurashtra region (Jamnagar, Dwarka districts).
- Appearance: White color, larger and more resilient than other donkey breeds.
- Uses: Traditionally used in construction (dams, forts, temples), carrying heavy loads.
- Economic Value: Milk known for sweetness, high demand in international market (milk powder) – especially for cosmetics.
8.Indian Wild Ass
- News: Population increased by 26% in the last five years (7,672 individuals).
- Species: Subspecies of the Asian Wild Ass (Equus hemionus).
- Habitat: Open dry deciduous forests (solitary, shy animal).
- Description: Four horns (adult males only), survives extreme temperatures, runs at 50-70 km/hr.
- Diet: Primarily grass growing on desert islands.
- Distribution: Historically – Southern India to Pakistan, Afghanistan, Iran.
- Currently – Six districts of Gujarat (Surendranagar, Kutch, Patan, Banaskantha, Morbi, Ahmedabad).
- Importance: Plays a crucial role in conserving area’s biodiversity (benefits other species).
- Threats: Harsh climate, dynamic landscape.
- Conservation Status: Schedule I (Wildlife Protection Act), Near Threatened (IUCN).