lvm3 oneweb – The Core IAS

lvm3 oneweb


Context:   An estimated 170 trillion plastic particles weighing about 2 million metric tons are currently afloat in the oceans across the world, according to a new study, which added that if no urgent action is taken then this number could nearly triple by 2040. The situation is much worse than expected. In 2014, it …

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Competition (Amendment) Bill passed: Effect on Big Tech

Context: Just as the National Company Law Appellate Tribunal released its final verdict upholding the competition’s regulator’s findings that Google abused its market dominance in the Android ecosystem, the Lok Sabha passed a piece of competition-related legislation, the Competition (Amendment) Bill, 2023 which could pose a new frontier of challenges for Google and other global …

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Antarctic ice melt: Effect on global ocean flows

Context: Rapidly melting Antarctic ice is dramatically slowing down the flow of water through the world’s oceans, and could have a disastrous impact on global climate, the marine food chain and even the stability of ice shelves, new research has found. Issue: The “overturning circulation” of the oceans, driven by the movement of denser water towards the …

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IMF bailout

Context: The International Monetary Fund (IMF) executive board approved a nearly $3 billion bailout plan for Sri Lanka last week, of which about $333 million was to be disbursed immediately to alleviate the country’s humanitarian crisis. What is IMF bailout? In a general sense, a bailout means extending support to an entity facing a threat …

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Angel Tax

Context: A recently proposed detail has Indian start-ups worried. These new age firms, that offer their shares to foreign investors, may have to pay ‘angel tax’, which was earlier only supposed to be paid for investments raised by resident Indian investors, as per a motion made in the Finance Bill, 2023. Importance: The move could …

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ISRO’s LVM-3 launch

Context: The launches not only established LVM3 as a commercial vehicle propelling ISRO’s entry into the commercial heavier launch market, it also earned the agency upwards of Rs 1,000 crore. The second commercial launch of the Indian Space Research Organisation’s LVM-3 saw 36 OneWeb satellites placed in orbit. This was also the second launch that …

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