Archives: Current Affair

Why in News?The Government of India is proposing amendments to the Advocates Act, 1961, to enhance the legal profession’s regulatory framework. About the Bill: The Advocates Act, 1961, governs the legal profession in India, ensuring client protection and lawyer discipline through the Bar Council of India (BCI) and State Bar Councils. While law firms are […]

Introduction and Acknowledgments: Prime Minister Modi addressed the SAMVAD programme via video message from Thailand. He expressed honor in joining the event and greeted participants. Acknowledged the efforts of distinguished institutions and individuals from India, Japan, and Thailand. Tribute to Shinzo Abe: The idea of SAMVAD originated from conversations with Shinzo Abe in 2015. SAMVAD […]

1. Launch of the TRUST Initiative: India and the United States recently introduced the TRUST initiative to strengthen cooperation in sourcing and processing critical minerals. Announced during Prime Minister Narendra Modi’s visit to Washington, this partnership aims to establish more resilient supply chains for key minerals like lithium and rare earth elements (REEs). Its purpose […]

Why in News? Astronomers using the KM3NeT (Cubic Kilometer Neutrino Telescope), a vast underwater network of sensors under construction in the Mediterranean Sea, have detected the most energetic cosmic “ghost particle”—a neutrino—ever observed. This discovery marks a significant milestone in neutrino astronomy, opening new avenues to study extreme cosmic phenomena. Key Points: Discovery of KM3-230213A: […]

Why in News? India’s initiative to finance green projects through Sovereign Green Bonds (SGrBs) is reportedly facing low investor demand. This has restricted the Union government’s ability to achieve a “greenium” (a green premium characterized by lower yields on green bonds compared to conventional bonds). The muted response highlights the challenges in raising cost-effective green […]

Why in News? The Income-tax Bill, 2025, was introduced in the Lok Sabha to simplify India’s direct tax framework, replacing the six-decade-old Income-tax Act, 1961. It aims to streamline provisions, remove obsolete references, and provide a concise, user-friendly structure. Once enacted, the new law will come into effect from April 1, 2026. Key Points : […]

Why in News ? In Andhra Pradesh, the government declared Badampudi (Eluru district), Velpuru, Kanuru (West Godavari), and Gampalagudem (NTR district) as biosecurity zones to contain the bird flu outbreak. This includes: Restricting the movement of birds and poultry products. Conducting disinfection drives. Monitoring the situation to ensure public and animal health. What are Biosecurity […]

Why in news ? The Union government has announced that it was imposing President’s Rule in Manipur, potentially averting a Constitutional crisis after failing to find someone to replace former chief minister N Biren Singh who resigned on February 9, and missing a deadline to convene the state’s legislative assembly. The Manipur assembly, which has […]

Why in news ? The Manipur assembly, which has a tenure till 2027, was recently  put under suspended animation. About Suspended animation:   Suspended animation in the context of President’s Rule in India refers to a situation where the State Legislative Assembly is not dissolved but is instead put into a state of suspension during […]

What is Net International Investment Position (NIIP) ? The Net International Investment Position (NIIP) is a key measure of a country’s financial standing in the global economy, reflecting the difference between the value of its external financial assets (such as investments in foreign countries) and its external financial liabilities (such as foreign debt). It is […]