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1. Recent research has revealed a stark racial bias in compensation following the Jallianwala Bagh massacre of 1919. Europeans received payments valued at 600 times more than Indians affected by the tragedy. The British government's discriminatory compensation reflects a deep-seated racial prejudice and a lack of value for Indian lives lost. This research sheds light on the grossly racialized legal structure employed by the British government during colonial rule in India.
2. The Reserve Bank of India has recently amended Foreign Exchange Management Act (FEMA) regulations to ease foreign investment in derivatives. These amendments aim to simplify margin management for trading in permitted derivatives, both within and outside India. Foreign investors will find it more convenient to invest in derivative instruments following these regulatory changes, enhancing liquidity and flexibility in the derivatives market.
3. Indian Naval Ships Delhi, Shakti, and Kiltan recently visited Singapore as part of the Indian Navy's Eastern Fleet's Operational Deployment to the South China Sea. The visit aimed to strengthen bilateral engagements and discussions on mutual interests and cooperation, emphasizing the commitment to enhancing maritime security and stability in the region. INS Delhi, being the Indian Navy’s first indigenously designed and built guided missile destroyer, showcases India’s naval capabilities.
4. Russia is currently facing an intensified wildfire season across eight regions since early March 2024. The wildfires are expected to bring prolonged periods of "high" and "extreme" wildfire danger across most of the country, continuing a trend seen in previous years. The Russian Hydrometeorological Centre has predicted that much of Russia will face extended periods of wildfire risk this year. Several regions, including the Jewish Autonomous Region and Khabarovsk Territory, are currently under a state of emergency due to widespread wildfires. This situation underscores the urgent need for effective wildfire management strategies and international cooperation to mitigate the impacts of wildfires on communities and ecosystems.
5. A recent report by the Council on Energy, Environment, and Water and the Centre for Energy Finance (CEEW-CEF) highlights a significant milestone in India's energy transition. The share of coal in India's overall installed electricity capacity dropped below 50% for the first time during the 2023-24 period. Renewable energy sources accounted for 71% of the 26 gigawatts of power generation capacity added in India during this period. Solar power constituted the majority of renewable capacity, with wind and nuclear energy also contributing substantially. The shift towards renewables reflects India's commitment to clean energy and sustainable development, aligning with global efforts to combat climate change.
6. Researchers at Cochin University of Science and Technology have named a newly discovered marine tardigrade species Batillipes Chandrayaani, in honor of India's Chandrayaan-3 moon mission. This species was found along the southeast coast of Tamil Nadu, inhabiting the sandy area between high and low tide marks. Tardigrades, also known as "water bears," are microscopic organisms known for their resilience and survival abilities. This discovery adds to our understanding of tardigrade biodiversity and their adaptations to marine environments. Tardigrades have captivated scientists for their ability to survive extreme conditions through cryptobiosis, a state of metabolic suspension. The naming of Batillipes Chandrayaani pays tribute to India's scientific achievements and highlights the importance of biodiversity conservation in coastal ecosystems.