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Handloom Sector: India’s Heritage and Economic Future Why in the News ? National Handloom Day, observed on August 7, highlights the economic and cultural importance of India’s handloom sector. Despite supporting millions of livelihoods and empowering women, the sector faces declining returns, fragmented markets and disappearing traditional weaves, requiring renewed policy support. Handloom as an …
Read MoreRed Sea Conflict Reshapes India’s Crude Oil Security Strategy Why in the News ? The expanding West Asia conflict and Houthi threats to shipping through the Red Sea have raised concerns over India’s crude oil supplies. While Russian oil remains a key buffer, disruptions at major maritime chokepoints could affect global energy security, influencing investment …
Read MoreDaily Current Affairs Digest for UPSC & Competitive Exams | 4th March 2026 1. Mojtaba Khamenei Reportedly Becomes Iran’s Supreme Leader Iran has reportedly witnessed a major political transition as Mojtaba Khamenei, the son of the late Ayatollah Ali Khamenei, has been elected as the country’s new Supreme Leader by the Assembly of Experts. This …
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