TIT BITS : 29.08.2024

TIT BITS :

 

1.
The term "Green Shoots" refers to early signs of recovery from an
economic downturn. It originates from the idea of new growth in plants,
symbolizing health and renewal. The phrase was first used in 1991 by UK
Chancellor Norman Lamont to describe emerging signs of economic recovery during
a recession in the United Kingdom. Maruti Suzuki has indicated that the auto
market is expected to see such "green shoots" of recovery by October.

 

2.
"During a four-day expedition at Tale Wildlife Sanctuary in Arunachal
Pradesh's Lower Subansiri district, a Mumbai-based lepidopterist documented 85
butterfly species. Located on a 2400-meter-high plateau, the sanctuary spans
337 sq. km and is traversed by rivers such as Pange, Sipu, Karing, and
Subansiri. It is home to the Apatani tribe, known for their unique customs and
handicrafts, and features subtropical and alpine forests, including unique
flora like Pleioblastus simone bamboo and various medicinal plants."

 

3.
Bangladesh is experiencing severe floods due to continuous monsoon rains and
overflowing rivers. The country has partly attributed the flooding to the
opening of the Farakka Barrage gates in West Bengal, India.
However, India’s Ministry of External Affairs has denied any link
between the Farakka Barrage and the floods in Bangladesh.

 

4.
The 9th India-Brazil Joint Commission Meeting (JCM) took place in
Delhi, marking a significant moment in the bilateral relations between the two
countries. The meeting highlighted the mutual support given during each
other’s G20 presidencies and set the stage for discussions on various
cooperative areas.

 

 5.  In
a strategic move to bolster its air defense capabilities, the Indian Air
Force (IAF) has decided to prioritize the integration of its indigenous
Astra MkI and MkII missiles over the Israeli I-Derby ER Beyond Visual
Range Air-to-Air Missiles (BVRAAMs). This decision will affect the IAF’s
fleet of Su-30MKI, TejasMkIA, and TejasMkIIs, marking a significant shift
towards enhancing domestic defense technology.