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Why in the news? The International Financial Services Centre Authority (IFSCA) is set to issue amended guidelines for direct listing on GIFT City exchanges within a month, facilitating the process for unlisted companies. Clarity has been achieved between the Reserve Bank of India (RBI) and IFSCA regarding the issuance of sovereign green bonds, awaiting the …
Read MoreWhy in the news? Hezbollah launched a heavy rocket barrage into Israel, targeting military bases including Mount Meron, in response to an airstrike killing senior commander Taleb Abdallah. source:twp About Hezbollah: Shiite Islamic militant organization based in Lebanon. Armament: Recognized as the world’s most heavily armed non-state actor with various missiles and rockets. Formation: Founded …
Read MoreWhy in the news? Nepal has approached India to establish Jan Aushadhi Kendras in their country, following a similar initiative in Mauritius. The aim is to provide Nepalese citizens access to affordable ‘Made in India’ generic medicines through these outlets. source:indiamap About Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP): PMBJP is a scheme by the Indian …
Read MoreWhy in the news? Agnipath scheme adjustments discussed to boost retention, extend training, and absorb graduates into technical roles. Current retention rate of Agniveers at 25% after 4 years may increase to 60-70%. Discussions on extending training from reduced 24 weeks back to original 37-42 weeks, aim to foster camaraderie and reduce competition among Agniveers. …
Read MoreWhy in the news? Three states seek reduction of Eco-Sensitive Areas in the Western Ghats to allow for developmental works. States Involved: Gujarat, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu. Reason: Allow developmental works. Current Situation: Original draft from 2014; latest draft set to expire. Source:researchgate About Eco-Sensitive Zones (ESZs): Definition: Areas within 10 km of …
Read MoreWhy in the news? India ranked second globally in nitrous oxide emissions, primarily from fertilizer usage, contributing 11% of man-made emissions in 2020. Rising N2O levels, 25% above pre-industrial levels, demand urgent action alongside carbon dioxide reduction for effective climate change mitigation. source:britanica Report Highlights: Nitrous Oxide (N2O) Emissions: N2O Significance: Third most significant greenhouse …
Read MoreWhy in the news? On June 12, 2024, the Physical Research Laboratory (PRL) in Ahmedabad, India, announced the discovery of three new craters on Mars in the Tharsis volcanic region, located around 21.0° S, 209° W. The craters have been named Lal, Mursan, and Hilsa by the International Astronomical Union (IAU) Working Group for Planetary …
Read MoreSyllabus: GS-2: Constitutional Bodies, Transparency and accountability, Representation of people Act. Focus: The recent Indian elections saw the National Democratic Alliance (NDA) secure a third term in office, while the Indian National Developmental Inclusive Alliance (INDIA) made significant gains despite challenging pre-election conditions. This election underscores the evolving political landscape and the crucial role of …
Read MoreSYLLABUS: GS 2: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. Focus: The trends in fatty liver disease prevalence are alarming. MASH (Metabolic dysfunction associated steatohepatitis), a progressive form that causes liver inflammation and scarring, is expected to become the most common cause of chronic liver disease and …
Read MoreSyllabus: GS-2- Trade and Commerce with countries, Autonomy and its impact on economy and society GS-3-Indian economy and planning Focus : India’s path to becoming a developed economy by 2047 requires a sustainable and inclusive growth strategy. This involves boosting rural consumption, balancing fiscal prudence with growth-centric policies, investing in physical and digital infrastructure, and …
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