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RUDRAM-I

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  RUDRAM-II Why In News: RudraM-II missile was successfully flight-tested from Su-30 MK-I. About About RudraM-II §   Indigenously developed solid-propelled airlaunched missile, designed for air-to-surface operations. Developed by the Defence Research and Development Organisation (DRDO). §   In 2020, RudraM, a new-generation anti-radiation missiles (NGARMs) was successfully tested. §   It is first indigenous ARM of Indian Air §   It is equipped with the Inertial Navigation System (INS)-Global Positioning System (GPS) navigation system and Passive Homing Head (PHH). §   PHH can detect, classify and engage targets over a wide band of frequencies as programmed.  

KARGIL WAR

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  KARGIL WAR Why in News? §   Kargil Vijay Diwas is celebrated every year on July 26 to pay tribute to the bravery of Indian soldiers who made the ultimate sacrifice for the country during the Kargil War (1999). §   This event marks the conclusion of the Kargil War between India and Pakistan that started in May 1999. What is Kargil Vijay Diwas? §   Kargil Vijay Diwas, or Kargil Victory Day, is a significant day observed annually on July 26 in India. §   The day commemorates India's triumph in the 1999 conflict with Pakistan and honours the bravery and sacrifices of Indian soldiers during the war. §   The Kargil war of 1999 was the first military confrontation in a nuclearized SouthAsia, and arguably the first real war between two Nuclear States. Background: §   India and Pakistan have a history of conflicts, including a significant one in 1971 that led to the creation of Bangladesh. §   Post-1971, both nations faced ongoing tensi...

PROJECT 28

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  PROJECT 28 Why In News: §   INS Kiltan, one of Project 28 (P28) Anti-Submarine Warfare (ASW) Corvettes, visited Brunei as part of operational deployment. About P28 • It was aimed at building 4 indigenous ASW corvettes or Kamorta class ships. Features of ASW corvettes: §   Equipped with anti-aircraft guns, torpedo launcher and early warning, fire control radars etc. §   Can be deployed in nuclear, biological and chemical warfare conditions. §   Utilized indigenously developed special high strength warship grade steel type DMR 249A. §   Designed by: Indian Navy’s Directorate of Naval Design. §   Built by: Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata. §   Ships: INS Kamorta, INS Kadmatt, INS Kiltan and INS Kavaratti.  

MULTILATERAL PEACE OPERATIONS

  MULTILATERAL PEACE OPERATIONS Why In News: §   SIPRI published a topical backgrounder titled ‘Multilateral peace operations in 2023: §   Developments and trends’ on important developments related to multilateral peace operations during 2023. Key Findings on multilateral peace operations §   Largest numbers of multilateral peace operations (20) were conducted by the United Nations. §   India was the highest contributor of military personnel for UN peacekeeping forces in 2023. §   In 2023, 63 multilateral peace operations were active in 37 countries. §   Largest deployment of peacekeeping forces was in Sub-Saharan Africa.

CONTAINER PORT PERFORMANCE INDEX (CPPI)

  CONTAINER PORT PERFORMANCE INDEX (CPPI) Why In News? §   Nine of Indian ports have found their position among top 100 global ports in CPPI in 2023. About CPPI (2023) §   It is developed by the World Bank and S&P Global Market Intelligence. §   The Index is a comparable assessment of performance based on vessel time in port. §   It helps to identify opportunities to improve a terminal or a port that will ultimately benefit all public and private stakeholders. §   Top-ranked container port in the CPPI 2023 is Yangshan Port (China).

FRONT RUNNING

 FRONT RUNNING Why In News:  Recently, a Mutual Fund was alleged to have indulged in Front- Running. About Front Running  Front Running refers to usage of non-public information to directly or indirectly buy or sell securities, or enters into options or futures contracts, in advance of a substantial order. (Securities and Exchange Board of India (SEBI))  It is illegal in India.  It undermines confidence in the financial markets and creates an uneven playing field for other investors.  In 2022, Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 was amended to incorporate provisions to counter front running.
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  PRESTON CURVE Why In News: §   It was first proposed by American sociologist Samuel H. Preston in 1975. What is Preston Curve? §   It highlights that an increase in per capita income of a country does not cause much of a rise in the life expectancy of its population beyond a point. §   When a poor country begins to grow, its per capita income rises and causes increase in life expectancy initially due to nutrition, sanitation and access better healthcare. §   However, it begins to flatten out after a certain point.