by Team Spectrum Books | Aug 3, 2022 | Economy
An Indian start-up company, Avisa Myko, has demonstrated that it could produce melanin at a much lower cost with its indigenous technology. The actual cost of a gram of melanin is around 400 USD. However, Avisa Myko could produce it at a cost of 10 cents per gram...
by Team Spectrum Books | Aug 3, 2022 | Economy
India’s largest floating solar power project was commissioned on July 1, 2022, by the National Thermal Power Corporation (NTPC) at Ramagundam in Telangana’s Peddpalli district. Floating Solar Panels Floating solar panels are photovoltaic (PV) modules that float on top...
by Team Spectrum Books | Aug 3, 2022 | Economy
—By Charu Latha Rice and wheat are the staple food crops in India. For about half of the world’s population, rice is the staple food. The food prices have been rising and reached their highest ever level in March 2022. The Russia-Ukraine war has pushed the cost of...
by Team Spectrum Books | Jul 26, 2022 | Economy
—By Charu Latha The Indian rupee hit an all-time low against the US dollar on July 19, 2022 when it crossed Rs 80. Exactly ten years ago one US dollar was equivalent to Rs 57 while in 2020, it was equivalent to around Rs 70. Within two years, the exchange rate has...
by Team Spectrum Books | Jul 25, 2022 | Economy
—By Charu Latha Black swan event is commonly used for the events that are difficult or quite impossible to predict. The black swan event has three attributes. First, these events are quite a rare occurrence and are beyond the regular predictions. Second, they have a...
by Team Spectrum Books | Jul 8, 2022 | Economy
—By Charu Latha The world has been witnessing unsustainable patterns of production and consumption caused by our ‘take-make-dispose’ approach. In 2019, over 92 billion tonnes of materials were extracted and processed, contributing to about half of global carbon...