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Why in the news? India delivered two indigenously built warships, Surat and Nilgiri, showcasing advanced technology, self-reliance, and enhanced naval capabilities under the Aatmanirbhar Bharat initiative. Historic Delivery of Two Warships to Indian Navy: On December 20, 2024, two indigenously designed and constructed warships, Yard 12707 (Surat) and Yard 12651 (Nilgiri), were delivered to the …
Read MoreWhy in the news? The Supreme Court clarifies that coconut oil, regardless of packaging, should be classified as an edible oil and taxed at the lower GST rate of 5%. Background and Tax Classification of Coconut Oil: Issue: The debate over whether coconut oil should be classified as an edible oil or a hair care …
Read MoreWhy in the news? Annual Event: The National Energy Conservation Awards (NECA), established in 1991, recognize exceptional efforts in energy conservation. Celebration Day: These awards are part of the National Energy Conservation Day, celebrated annually on December 14. Key Highlights of NECA Initiated by: The Bureau of Energy Efficiency (BEE) under the Ministry of Power …
Read MoreSyllabus: GS-2: Government Policies & Interventions GS-3: Growth & Development , India and its Neighbourhood , Bilateral Groupings & Agreements , Inclusive Growth Focus: Switzerland has suspended the MFN clause in its DTAA with India, resulting in higher taxes on dividend payments from Swiss entities to Indian investors starting January 2025. This change follows a …
Read MoreWhy in the news? Indian scientists have made significant advancements in using gene therapy to treat Haemophilia A, a rare blood disorder. This breakthrough offers long-term relief by addressing the genetic cause, improving quality of life for affected individuals. About Gene Therapy Breakthrough for Haemophilia A in India: Indian scientists have achieved significant progress in …
Read MoreWhy in the news? IIT Madras completed a 410-meter Hyperloop test track, marking a significant step in futuristic transportation. This collaborative effort with Indian Railways and TuTr aims to revolutionize eco-friendly, high-speed transit in India. IIT Madras Unveils India’s First Hyperloop Test Track: IIT Madras has completed a 410-meter-long Hyperloop test track, a key milestone …
Read MoreWhy in the news? India’s forex reserves increased by $1.5 billion to $658.1 billion after an eight-week decline, driven by RBI interventions and fluctuating foreign portfolio investments, enhancing economic stability. Forex Reserves Surge After Eight-Week Decline: India’s foreign exchange reserves increased by $1.5 billion, reaching $658.1 billion. The surge follows an eight-week decline in reserves, …
Read MoreSyllabus: GS-2: Health , Government Policies & Interventions , Important International Institutions Why in the news? India has launched a transformative 100-day campaign across 347 high-burden districts to eliminate tuberculosis (TB). This initiative aims to accelerate early diagnosis, treatment, and nutritional support, reflecting the country’s commitment to achieving the 2025 TB elimination target under Prime …
Read MoreWhy in the news? The Third Battalion of the Naga Regiment was recently awarded the President’s Colours by the Chief of Army Staff, highlighting their exceptional service and contribution to India’s national security and honour. President’s Colours Award: India’s Highest Military Honour The President’s Colours Award, also known as Rashtrapati ka Nishaan, is India’s highest …
Read MoreWhy in the news? Project Veer Gatha 4.0 engages 1.76 crore students nationwide, promoting patriotism and honouring Armed Forces heroes through creative activities like essays, poems, and paintings. Project Veer Gatha 4.0: Nationwide Participation and Activities Participation Overview: Over 1.76 crore school students from all 36 States and UTs have actively engaged in Project Veer …
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