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03Oct 2024

New Sebi Rules to Curb F&O Frenzy, Aim to Protect Small Investors

The Securities and Exchange Board of India (SEBI) has introduced six measures to strengthen the equity index derivatives framework. The F&O segment has experienced a significant increase in trading volumes. Many investors in the F&O market are incurring losses. The heightened activity in the derivatives market raises concerns for the government and regulators, as: Rising …

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03Oct 2024

Food Safety Laws in States

Why in the News? The Uttar Pradesh government issued orders requiring food establishments to display names and addresses of operators, proprietors, and key personnel. Similar directives were passed earlier in UP and Uttarakhand but were stayed by the Supreme Court in July 2023. Himachal Pradesh briefly considered similar rules but later distanced itself from them. …

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03Oct 2024

Why Psychedelics Hold Promise For Treating Anxiety, Depression

Why in the News? Psychedelics, traditionally linked with counterculture, are showing potential in treating anxiety and depression. A new study by Vidita A. Vaidya and her team at Tata Institute of Fundamental Research (TIFR), Mumbai, in collaboration with Cornell, Yale, and Columbia, offers insights into how these substances work in the brain. Published in the …

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03Oct 2024

Female Dhakis find their Own Rhythm at the Durga Puja Traditions Amidst Societal Barriers

Why in the News? Women Dhakis at Durga Puja: Traditionally, playing the dhak (drums) at Durga Puja was a male-dominated art form, but women are now entering the profession. Mohila Dhaki Babadhamraj Sampradaya: A troupe of 10 female dhakis from Katwa, Purba Bardhaman district, North Bengal, challenging societal norms. Attire: White and blue saris paired …

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03Oct 2024

Revolutionizing Physics: The Quantum Potential of Fluorescent Nanodiamonds

Syllabus: GS 3: Science and Technology: Development and its Application Awareness in the field of IT, Biotechnology, Nano-Technology etc. Why in the News? Scientists at Purdue University have levitated and spun fluorescent nanodiamonds (FNDs) at ultra-fast speeds, revealing new insights into quantum physics and potentially revolutionizing their industrial and research applications, especially as sensors Quantum …

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03Oct 2024

Understanding the Special Status and Autonomy of Tribal Areas in India

Syllabus: GS – 2 –Schedule five and six , Tribal welfare , Federalism Why In News? Recently, regions like Ladakh have demanded inclusion under the Sixth Schedule to safeguard their unique identity and address governance challenges. The demand for greater autonomy is not limited to Ladakh but extends to other northeastern states such as Arunachal …

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01Oct 2024

SpaceX Crew Dragon Successfully Rescues Astronauts from Orbit

Why in the news? SpaceX launched a Crew Dragon mission to rescue two NASA astronauts stranded in orbit after a technical failure with Boeing’s Starliner spacecraft, marking a significant achievement in space operations. Highlights of the SpaceX Crew Dragon Launch: Mission Purpose: SpaceX launched a two-person crew to the International Space Station (ISS) to rescue …

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01Oct 2024

ED’s Money Laundering Probes: Challenges and Insights Revealed

Why in the news? The Financial Action Task Force’s report highlights the Enforcement Directorate’s operations, revealing challenges in prosecution rates and the need for enhanced investigative capacity in India. Key Insights on ED’s Money Laundering Investigations: Investigation Sources and Trends: The Enforcement Directorate (ED) investigates money laundering based on various leads, with 47% of cases …

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01Oct 2024

Core Sector Declines Amid Improving Fiscal Deficit in India

Why in the news? Recent data reveals India’s core sector contracted significantly in August, while the fiscal deficit showed improvement, highlighting mixed signals for the economy’s health and performance. Highlights about the Mixed Economic Signals for India: Core Sector Performance: In August, India’s core sector output fell by6%, showing a significant decline from the previous …

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01Oct 2024

Delhi Launches 24×7 Green War Room to Combat Pollution

Why in the news? Delhi’s Environment Minister Gopal Rai launched the “Advanced Green War Room” to monitor air pollution in Delhi round-the-clock. The war room will implement the seven-point winter action plan to combat pollution. Key Features and Monitoring Tools: The war room will use drone monitoring, real-time source apportionment, and satellite data to track …

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