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Why in the news? RBI has rolled out new guidelines requiring FPIs to seek government approval if their stake in Indian companies exceeds 10%, amid increased scrutiny of foreign investments. About the New RBI Rules for FPI and FDI Classification: The Reserve Bank of India (RBI) introduced updated rules to guide foreign portfolio investors (FPIs) …
Read MoreWhy in the news? Interest in South Korea’s 4B movement surged among U.S. women post-Trump’s 2024 election win, as they use it to protest societal norms and gender-based issues. What is the 4B Movement? The 4B movement, originating in South Korea, promotes four principles: rejecting marriage (bihon), childbirth (bichulsan), romance (biyeonae), and sexual relationships (bisekseu) …
Read MoreWhy in the news? The Defence Space Agency inaugurated its first space exercise, Antariksha Abhyas-2024, to enhance understanding of space assets, assess vulnerabilities, and strengthen coordination among defence forces and space agencies in India. About the Inauguration of ‘Antariksha Abhyas-2024’: The Defence Space Agency (DSA) launched its first-ever space exercise, Antariksha Abhyas-2024, in New Delhi. …
Read MoreWhy in the news? PM Modi attended the Igas festival celebration hosted by Uttarakhand MP Anil Baluni, emphasising the government’s commitment to heritage preservation and the revival of traditional Uttarakhand festivals. PM Modi Joins Igas Festival Celebrations in New Delhi: Prime Minister Narendra Modi attended the Igas festival celebration hosted by Uttarakhand MP Anil Baluni …
Read MoreSylalbus: GS-2: Constitutional Bodies Focus; Justice DY Chandrachud’s tenure as Chief Justice of India is in the news due to concerns about his decisions aligning with authoritarian trends and political ideologies, rather than upholding the Constitution’s principles. This has sparked debates regarding the erosion of judicial independence and civil liberties during his time. Judicial Evaluation …
Read MoreSyllabus: GS 3: Environment Why in the News? Upcoming COP29 in Baku, Azerbaijan from 11 -22 November to 2024 will focus on climate finance and the carbon credit scheme, highlighting India’s initiatives and challenges in establishing a credible and efficient domestic carbon market. Introduction Climate finance and a global carbon credit system will be discussed …
Read MoreWhy in the news? Health spending in low-income and middle-income countries, including India, has decreased post-pandemic, endangering progress toward Sustainable Development Goals (SDGs) and public health targets. Post-Pandemic Health Budget Trends: Government health spending in low-income countries (LICs) and lower-middle-income countries (LMICs) has seen a sharp decline after pandemic-related increases. A study by the World …
Read MoreWhy in the news? A new study shows that mpox clade Ia has evolved to transmit between humans, raising concerns over its spread and response to antiviral treatments and vaccines. Overview of Recent Study on Mpox Evolution: The WHO declared mpox a public health emergency in 2022-2023. Mpox has been a concern since the eradication …
Read MoreWhy in the news? The Supreme Court clarified the status of Article 31C and reinterpreted Article 39(b), marking a shift in how the Court views state acquisition of private property. Background and Key Legal Questions: Landmark Ruling: The Supreme Court recently delivered a significant ruling in the Property Owners Association v. State of Maharashtra case, …
Read MoreWhy in the news? France is assessing India’s Pinaka rocket system for its military needs, considering its capabilities as part of a broader review of artillery options amid increased defence cooperation. About France’s Interest in India’s Pinaka Rocket System: France is considering India’s Pinaka multi-barrel rocket launch system (MBRL) as part of its search for …
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