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Why in the News? UK regulator bans ads from Air France, Lufthansa, and Etihad for alleged greenwashing. Dutch airline KLM faces trial for a “Fly Responsibly” campaign, accused of misleading environmental claims. Source: Medium About Greenwashing: Greenwashing occurs when companies or governments falsely portray products or activities as environmentally friendly. It involves creating a misleading …
Read MoreNews At Vigyan Bhawan on December 21, 2023, the Ministry of Women and Child Development will host the National Programme on Anganwadi-cum-Crèches (AWCC) under Palna. Sessions theme in the event: On the establishment of crèches in government institutions, inclusion of crèches in corporate social responsibility (CSR), and implementation, challenges, and future directions of the Maternity …
Read MoreNews The annual Sahitya Akademi Award for 2023 in 24 languages has been announced by Sahitya Akademi. Sahitya Akademi Awards have been won by: Nine poetry books, six novels, five short story collections, three essays, and one literary study. The selections are as follows: Telugu writer Patanjali Sastry for his collection of short stories, Tamil …
Read MoreSyllabus: GS2 : Parliament and State Legislatures—Structure, Functioning, Conduct of Business, Powers & Privileges and Issues Arising out of these. Why in the News ? Recent events in the Indian Parliament, including a security breach and the subsequent government response, raise serious concerns. Individuals staged a theatrical attempt in Parliament, bringing attention to the issue …
Read MoreSyllabus: GS3 : Disaster and Disaster Management Why in the News? December has ushered in turmoil for Tamil Nadu, with the aftermath of Cyclone Michaung in the north and torrential rainfall wreaking havoc in the south. This unprecedented turbulence sparks crucial contemplation on weather forecasting and disaster preparedness effectiveness. Source: Mint Unusual Heavy Rainfall Attributed …
Read MoreWhy in the News? IMF directors recommend India maintains exchange rate flexibility as the primary defence against external shocks. Source: Slide Share About IMF stance on India’s Economic Health : Monetary Policy: The Reserve Bank of India’s proactive monetary policy actions and commitment to price stability are commended. Structural Reforms: Directors recommend continuing structural reforms …
Read MoreWhy in the News? RBI prohibits banks, NBFCs, and lenders from investing in AIF schemes having downstream investments in debtor companies. RBI expresses regulatory concerns over certain Regulated Entites (RE) transactions with AIFs leading to evergreening of stressed loans. Guidelines for Regulated Entities: Regulated entities should avoid investments in AIFs with downstream investments in debtor …
Read MoreWhy in the News? Phone call between Indian PM and Israeli PM on escalating maritime security threats in the Red Sea due to leading to concerns in international traffic. The Red Sea’s Bab el-Mandeb Strait concerns shipping companies, leading to global initiatives to address the escalating threats. Indian Response and Initiatives: PM emphasized India’s consistent …
Read MoreWhy in the News? The Allahabad High Court rejects five petitions by UP Sunni Central Waqf Board and Gyanvapi mosque committee. The court deems the 1991 suit over Varanasi mosque as not barred by the Places of Worship Act. Directs Varanasi Civil Judge’s court to expedite proceedings and conclude the matter within six months. Source: …
Read MoreWhy in the News? India positions itself as a Global South leader at COP28. The Indian PM emphasizes climate justice, highlighting the inequality of climate impacts. COP28, while not explicitly calling for fossil fuel phase-out, hints at transitioning away. Source: Mercon About Issues India’s Approach: Despite positioning as a renewables leader, India abstains from signing …
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