Archives: Current Affair

Why in News? Microsoft claims that its latest small language models have outperformed several AI models of its size, as well as bigger ones. It said that India’s ITC also leveraged the new Phi-3-mini. A few days after Meta unveiled its Llama 3 Large Language Model (LLM), Microsoft on Tuesday (April 23) unveiled the latest […]

Why in News?  The last 10 years have seen the Indian currency fall more against the dollar than during the previous 10 years. But the rupee has strengthened in ‘real’ terms when its exchange rate with all major global currencies is taken. Between April-end 2014 and  April 2023,  the rupee has depreciated by 27.6% against […]

Why in News?  :It was recently in news regarding the Global Platic Treaty. The Global leaders have recently agreed in Canada at OTTAWA to discuss progress in drafting a first-ever global plastic treaty. About CIEL: It was established in 1989, CIEL . It has used the power of law to protect the environment, promote human […]

Why in News? In a bid to further regulate the digital lending ecosystem in India, the Reserve Bank of India (RBI) has released a draft framework to oversee aggregation of loan products by lending service providers (LSPs). it aims to ensure that the borrowers have prior information about the potential lenders in order to make […]

Why in News? The Supreme Court on Friday directed the Election Commission of India (ECI) to “seal and secure” the Symbol Loading Unit (SLU) for 45 days after the declaration of election results. Currently, only the three components of the EVM — the ballot unit, control unit, and VVPAT — are stored for 45 days […]

Why in News?  Recently Corals bred in a zoo have joined Europe’s largest reef. It’s among several projects worldwide seeking to address the decline of coral reef populations, which are suffering from bleaching caused by rising sea temperatures. Corals are central to marine ecosystems, and while these projects won’t stem the tide of damage from […]

Indian-origin astronaut Sunita Williams, along with Butch Wilmore, will embark on her third space mission with NASA’s Boeing Crew Flight Test to the International Space Station set for launch on May 6. The astronauts will lift off aboard Boeing’s Starliner spacecraft on a United Launch Alliance Atlas V rocket from the Space Launch Complex-41 at […]

Why in News?  The use of inheritance tax as a tool for redistribution of wealth to address income inequality has been discussed widely. India did have an inheritance (or death) tax once. The tax, which was known as estate duty, was introduced in 1953, and was abolished in 1985 by the government of Rajiv Gandhi. […]

Why in News?The political parties  have  appointed  ‘star campaigner’ in Lok Sabha general elections 2024. The star campaigners of all parties have been guilty of using inappropriate and abusive words against leaders of other political parties — appealing to caste/communal feelings of electors and making unsubstantiated allegations. What are the issues? The EC has issued […]

The government of the United Kingdom has passed its “Rwanda Bill” — it will now become law. Under the Bill, asylum seekers deemed to have illegally entered its territories after January 1, 2022, can be sent to the African country for “processing”. Crucially, irrespective of whether an asylum seeker is found to be “genuine” or not, they […]