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02Jan 2024

Desert Cyclone Exercise

@Tweeted By @airnewsalerts News ‘Desert Cyclone 2024’, an Indo-UAE joint military exercise, is set to kick off in Rajasthan on 2nd of January, 2024. By studying and exchanging best practices in urban operations, the two-week drill seeks to improve interoperability. The goal of the two-week exercise is to improve interoperability through the acquisition and exchange …

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02Jan 2024

Production Linked Incentive (PLI) scheme

@FILE PICS News The Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components has been extended by the government by one year, subject to certain modifications. The Ministry of Heavy Industries said in a statement that the incentive will be available under the revised plan for a total of five consecutive fiscal years, beginning …

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02Jan 2024

CYBER THREATS AND SECURITY FOCUS

Why in the News? The upcoming All-India Conference of Director/Inspector Generals of Police in Jaipur will address emerging cyber threats from national state actors. Topics include challenges posed by AI tools like ChatGPT, fraudulent identity issues, and the impact of banned Khalistani outfits on national security. Source: Stealth Labs About All-India DG-IG conference : The …

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02Jan 2024

CHAIRMAN REJECTS PLEA FOR INTERIM LEADER

Why in the News? Rajya Sabha Chairman, rejects AAP party’s plea to appoint Raghav Chadha as the interim leader in the upper house, replacing Sanjay Singh. The request was made due to Singh’s absence during the winter session, as he is in judicial custody related to the Delhi liquor scam case. Legal Basis for Denial: …

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02Jan 2024

TRIPARTITE PEACE PACT

Why in the News? The Union Home Ministry and Assam government inked a significant memorandum of settlement with the pro-talks faction of ULFA (United Liberation Front of Asom) to bring peace to the region. ULFA cadres, numbering 700, have committed to surrendering arms, vacating camps, and actively participating in the peaceful democratic process, fostering national …

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02Jan 2024

LITHIUM EXPLORATION AND DEVELOPMENT

Why in the News? India, represented by the Mines Ministry and state-owned Khanij Bidesh India Ltd (KABIL), is in the process of finalizing a lithium deal with Argentina. A draft exploration and development agreement has been initiated with CA-MYEN, an Argentine miner, for the potential acquisition and development of five lithium blocks. Source: Financial Post …

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02Jan 2024

ISRO’S NEW YEAR LAUNCH: PSLV-C58 MISSION

Why in the News? ISRO is set to kick off 2023 with the launch of the PSLV-C58 X-ray Polarimeter Satellite (XPoSat) mission on January 1. About The Mission: The launch will take place from the Satish Dhawan Space Centre in Sriharikota. XPoSat is a dedicated scientific satellite aiming to conduct space-based polarization measurements of X-ray …

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02Jan 2024

FIU’S IMPACT ON INDIAN CRYPTO EXCHANGES

Why in the News? Financial Intelligence Unit’s actions against foreign crypto providers expected to boost Indian exchanges. Anticipated shift from global exchanges to FIU-compliant Indian platforms due to regulatory compliance. Source: Reasearch Gate About Financial Intelligence Unit – India (FIU-IND): FIU-IND operates under the Department of Revenue, Government of India. Its primary function is to …

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02Jan 2024

UNPACKING COP28

(COP28’s failure to frame binding commitments raises questions)   Syllabus: GS 3: Groupings & Agreements Involving India and/or Affecting India’s Interests & Environmental Pollution And Degradation Focus: The recent COP28 in Dubai, marked by India’s endorsement of declarations rather than binding commitments, prompts a critical examination of the effectiveness of global climate initiatives. While several …

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02Jan 2024

Electoral Bonds

@FILE PICS News Electoral Bond sales to begin and in a statement, the Ministry of Finance stated that SBI has been given permission to issue and redeem Electoral Bonds during the thirty-first phase of the bond’s sale. The bonds have a fifteen calendar day validity period from the date of issuance and if the bonds …

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