Snippets : 16 APRIL 2024
Snippets : 16 APRIL 2024
• The IMD predicts above-normal rainfall for the June-September monsoon season, offering relief, especially to agriculture. The expected 106% of long-period average rainfall is vital for farmers and policymakers, given that 52% of India’s cultivated area depends on the monsoon. La nina conditions to set by June
• The Indian Super League is the men’s highest level of the Indian football league system. Mohun Bagan SG weathered a late resurgence from Mumbai City FC to win 2-1 in the final league fixture of ISL-10 and claim its maiden League Winner’s Shield in Kolkata
• The Supreme Court, in a dispute of easementary rights over a road, reiterated that the power of attorney holder can only depose about the facts within his personal knowledge. The concept of easement has been defined under The Indian Easements Act, 1882. According to it, an easementary right is a right possessed by the owner or occupier of the land on some other land, not his own, the purpose of which is to provide the beneficial enjoyment of the land.
• As input prices turn inflationary, the spectre of shrinkflation looms large within the Fast-Moving Consumer Goods (FMCG) segment. Shrinkflation occurs when goods shrink in size but consumers pay the same price. It occurs when manufacturers downsize products to offset higher production costs but keep retail prices same
• The Indian Army contingent departed today for the 5th edition of India- Uzbekistan joint military Exercise DUSTLIK. The Exercise is scheduled to be conducted from 15th to 28th April 2024 at Termez, the Republic of Uzbekistan. Exercise DUSTLIK is a yearly event conducted alternatively in India and Uzbekistan. Last edition was conducted at Pithoragarh (India) in February 2023
• Mumbai is witnessing the installation of 210 artificial reefs near Worli Koliwada, funded by the RPG Foundation for Rs 62 lakh. The reefs, made of recycled cement and steel, aim to increase sea surface area and attract diverse marine life. Installation near Worli Koliwada’s Cleveland Bunder will start transformation after three months, with benefits including improved fishing opportunities and carbon sink capabilities. The project aligns with environmental conservation and economic development goals, promising increased biodiversity and better air quality in Mumbai. The collaboration between RPG Foundation and Kuddle Life Foundation showcases a win-win solution for marine conservation and coastal community livelihoods.
• Entrepreneur and pilot Gopi Thotakura is set to become the first Indian to venture into space as a tourist on the NS-25 mission of Blue Origin — a company founded by Jeff Bezos, who is also the founder of Amazon. Space tourism refers to a segment within aviation that offers individuals the chance to experience space travel for recreational, leisure, or business purposes.