Beijing-Lhasa key road link completed

What is the News? China has completed a Lhasa-Nagqu section of the Beijing-Lhasa expressway. What is Beijing–Lhasa Expressway? Beijing–Lhasa Expressway is part of the Chinese national expressway network. It is planned to connect China’s capital Beijing to the capital of the Tibet Autonomous Region, Lhasa. It also connects China’s Central Theatre Command with the Western… Continue reading Beijing-Lhasa key road link completed

1.2 lakh people died in road accidents in 2020: NCRB

What is the News? National Crime Records Bureau(NCRB) has released a report titled ‘Crime in India’ Report, 2020. The report has talked about road accidents in India. Read more: Crime in India Report, 2020 What are the Key Findings of the Report on Road Accidents? Road Accidents in 2020: India has recorded 1.20 lakh cases… Continue reading 1.2 lakh people died in road accidents in 2020: NCRB

How banks can lose $60 billion to cybercash highways

Synopsis: Cross-border transfers are going to be more faster and economical. Introduction Currently, the cross-border transfers are both too slow and too expensive for retail customers. The monetary authorities of Australia, Singapore, Malaysia and South Africa have come together with the Bank for International Settlements on Project Dunbar. It will explore the feasibility of a… Continue reading How banks can lose $60 billion to cybercash highways

Black topping of world’s highest motorable road near LAC completed

Source: The Hindu What is the News? Border Roads Organisation (BRO) has constructed and completed black topping of the world’s highest motorable road at Umling La Pass in Eastern Ladakh. The road was built under the ‘Project Himank’. About Project Himank: Project Himank is a project of the Border Roads Organisation(BRO) in the Ladakh region… Continue reading Black topping of world’s highest motorable road near LAC completed

Reviving the Airline Sector

Synopsis: The government and industry should collaborate to develop a sustainable restart strategy.  Governments need to come up with consistent policies based on evidence. While the industry should do whatever it can to reinstate passenger confidence and embrace new ways of making revenue.  Background: Airlines have been battling uncertainty since March 2020. In April 2020,… Continue reading Reviving the Airline Sector