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India to begin formal negotiations for a free trade agreement with the Russian-led Eurasian Economic Union (EEU). The EEU has exchanged trade data with the Indian side ahead of the start of the negotiations.
Free Trade Agreements (FTAs)Free Trade Agreement is a pact between two or more countries to reduce barriers to trade ie. goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.
India and FTAs:
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Indian Air Force tests Arogya Maitri Sahayata Cube, world’s first air-lifted portable hospital,in Agra.
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Governments and regulatory bodies are exploring strategies like “AI regulatory sandboxes” to tackle the challenges presented by AI technologies.
Regulatory sandboxes are unique initiatives introduced by governments to foster innovation in the financial technology (fintech) sector, all the while upholding consumer protection and financial stability.
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Recently Mumbai (13 May) and Delhi (10 May), separated by 1,500 km, experienced dust storms with extremely high wind speeds.
Reasons for IMD’s Inability to Accurately Forecast Dust Storms:
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United Nations Convention to Combat Desertification (UNCCD):
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The advent of Artificial Intelligence (AI) has opened up a world of possibilities with respect to fast-tracking drug development.
Examples of New Drugs Formulated through AI:
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About Deep Neural Network (DNN)
Generative AI drugs:
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India’s position as the “Pharmacy of the World” could be strengthened with increased usage of AI in drug development. With a growing number of pharmaceutical organizations, India can lead the way in applying AI tools in target discovery, identification, and drug testing.
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The Election Commission of India (ECI) in its report on enforcement of Model Code of Conduct (MCC) has stated that it expects star campaigners to lead by example and not vitiate the fabric of society.
About Registered Parties:
About Model Code of ConductModel Code of Conduct is a set of guidelines issued by the ECI to regulate the conduct of political parties and their candidates in the run-up to elections.
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Conditions for Deregistration of Political Parties
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About Representation of People’s Act, 1951
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The official documents reveal that almost 60.5% of the total Sariska Tiger Reserve land has not been transferred to the forest department yet.
Sariska Tiger Reserve was allotted a total 88,111.2 hectares in 1978, but the forest department still has not been handed ownership of 53,308.96 hectares due to pending mutation processes by the revenue department.
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Fifty years ago, on May 18, 1974, India conducted its first nuclear tests in Pokhran, Rajasthan, as part of the ‘Smiling Buddha’ operation.
Why in Pokhran?
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Recently, the RBI had organised a conference for the directors and MD/ CEOs of ARCs in Mumbai that was attended by more than 80 participants representing all 27 ARCs.
About Reserve Bank of India (RBI)
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As per the Spanish government, the number of endangered Iberian lynx in the wild in Spain and Portugal has nearly doubled since 2020.
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According to a report by The New York Times, there is a high frequency of the interactions between orcas and boats near the Strait of Gibraltar, hence becoming a multinational issue.
Strait of Gibraltar:
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Recent media reports suggest that the armed forces are looking at the appointment of a Vice Chief of Defence Staff (VCDS) and a Deputy Chief of Defence Staff (DCDS), highlighting the evolving nature of India’s higher defense management.
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