Archives: Current Affair

April 18, 2024

Surya Tilak Project :

Why in News ? The Surya Tilak Project  aims to bring Sun rays on the forehead of Lord  Ram at Ayodha Temple during the  Ram Navami. This is the first Ram Navami since the consecration of the Ram idol at the new temple on January 22. ·         This was achieved using a special mirror-lens arrangement, […]



April 18, 2024

Anchor Investors:

Why in News? Vodafone Idea (VIL) has  announced closure of its anchor book allocation, raising about Rs 5,400 crore from global as well as domestic investors ahead of its mega follow-on public offering (FPO). Who is an anchor investor ? An anchor investor is a qualified institutional buyer (QIB) who submits a bid for value […]



April 18, 2024

“silence period’ Under Section 126 of the Representation of the People Act, 1951:

  Why in News? The Election commission has recently  halted Bengal Governor’s Cooch Behar trip on poll eve. The EC said  Ananda Bose’s programme will violate Model Code of Conduct and disturb poll officials and the police; it feels there is no ‘imminently known’ need for the tour on April 18, 19. What EC said […]



April 17, 2024

Political Finance Regulations around the World:

The term was used in the article of Indian express -17th April 2024 In March 2012 International IDEA launched its Political Finance Database, containing data on political finance regulations in force in 180 countries. • This report highlights key findings from the database, emphasizing global trends and regional variations. • Correlations between key political finance […]



April 17, 2024

National Election Fund (NEF):

Why in News ? The Prime Minister’s anguish over the Supreme Court declaring electoral bonds unconstitutional and the consequences of this decision needs to be considered seriously and with a broad perspective. The former election comissioner of India , S Y Quraishi have been advocating a workable solution, namely, the introduction of a National Election […]



April 17, 2024

The strategic importance of Andaman and Nicobar Islands

Why in News? Amid Chinese influence in the region, India needs to transform & strengthen its Act East policy strategy especially around Andaman and Nicobar group . • The Chinese People Liberation Army (PLA) Navy is rapidly enhancing its capabilities in the region. What is the strategic importance of the Andaman and Nicobar Islands? • […]



April 16, 2024

Iran-Israel War : Impacts on India’s Trade

Why in News ? The recent West Asia tension can cause oil supply disruption from the region to India . The regional and global oil flows and international oil prices could see high volatility in near future. • India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 […]



April 16, 2024

Health drink’ is not defined under the country’s food and safety standards laws:

Why in News? The Commerce Ministry has issued advisory to E-commerce platforms Amazon, Flipkart, BigBasket, etc, to remove all drinks and beverages like Bournvita, Horlicks, Protinex, etc, from the category of health drinks . • The ministry said there is no such thing as ‘health drink’ defined under the country’s food and safety standards laws. […]



April 15, 2024

Astronomers Solve Mystery of Magnetic Field in ‘Dragon’s Egg’ Nebula:

Astronomers have recently uncovered the origins of a magnetic field around a massive star within the “Dragon’s Egg” nebula, providing key insights into the formation of such rare phenomena. • The nebula, located about 3,700 light-years from Earth in the constellation Norma, is home to two massive stars involved in a cosmic drama of stellar […]



April 15, 2024

Principal Purpose Test: Treaty Shopping Arrangements/ Double Taxation Avoidance Agreement (DTAA)

Why in News ? India has signed a protocol amending its tax treaty with Mauritius with an aim to plug treaty abuse for tax evasion and avoidance. •India and Mauritius has recently signed a protocol at Port Louis, amending the Double Taxation Avoidance Agreement (DTAA) between the two nations. •The amended pact includes the Principal […]



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Current Affair | Vaid ICS Institute - Part 24