Archives: Current Affair

Why in News ? Narendra Modi was sworn in as Prime Minister for a third consecutive term, alongside 71 ministers. 30 Cabinet Ministers, five Ministers of State (MoS) with Independent Charge, and 36 MoS took the oath of office and secrecy. President Droupadi Murmu administered the oaths. About council of ministers (CoM): The Council of […]

Why in News? The term was recently used in an article. What  is Transformative constitutionalism? Transformative constitutionalism is a concept that emphasizes the ability of a constitution to be a tool for social change. It argues that the constitution is not a static document, but rather a living document that can be interpreted and applied […]

Why in news ?The RBI Governor Shaktikanta Das has recently  said that the Reserve Bank has decided to set up a Digital Payments Intelligence Platform which will harness advanced technologies to reduce payment fraud risks. To take this initiative forward, the Reserve Bank has constituted a committee headed by A.P. Hota, former MD & CEO, […]

Why in News ? India celebrated World Environment Day with the addition of the Nagi Bird Sanctuary and the Nakti Bird Sanctuary in Bihar to the global list of important wetlands. These newly designated Ramsar sites are man-made reservoirs located in the Jhajha forest range of Jamui district in Bihar. Their catchments feature dry deciduous […]

Why in News:Gearing up to remain “future-ready for India’s fast-growing economy”, the Reserve Bank of India (RBI) has listed a series of aspirational goals, including capital account liberalisation and internationalisation of the Indian rupee (INR), universalising of digital payment system and globalisation of India’s financial sector in a multi-year timeframe. Liberalizing Capital Account in the […]

The International Alliance of Waste Pickers (IAWP) is a global union representing waste picker organizations in over 34 countries, with more than 460,000 workers affiliated. key aspects: Mission: Advocate for the rights and improve the working conditions of waste pickers worldwide. Role: Promotes the formalization of waste picking as a recognized profession. Supports waste picker […]

Why in News?Bollywood megastar Shah Rukh Khan’s non-governmental organisation (NGO), Meer Foundation, has been granted Foreign Contribution Registration Act (FCRA) licence by the Ministry of Home Affairs (MHA) for five years. The Foreign Contribution (Regulation) Act, or FCRA, is a law enacted by the Indian government in 2010. It regulates how NGOs, individuals, and companies in India can receive foreign donations […]

Why in News ? India, the US and 12 other countries are likely to ink an agreement to help them meet their climate objectives through collaborative financing without imposing barriers. The proposed Clean Economy Agreement under the Indo-Pacific Economic Framework (IPEF) aims to help the member countries meet their climate objectives by improving market conditions. About IPEF : The Indo-Pacific Economic […]

With the General Elections throwing up a fractured mandate, Nitish Kumar’s Janata Dal (United) and Chandrababu Naidu’s Telugu Desam Party are set to play a key role in government formation at the Centre. As a result, their past demands for special category status for Bihar and Andhra Pradesh, respectively, are back in focus. The TDP […]

Why in News ? The electricity Trade volume on IEX has jumped to 29 % in May 2024. IEX is India’s premier energy marketplace. It functions as an electronic platform for buying and selling electricity, renewable energy certificates, and energy-saving certificates. Launched in 2008, it has revolutionized power trading in India by: Facilitating Efficient Price […]