Archives: Current Affair

Distributed Renewable Energy (DRE) refers to energy systems that generate electricity from renewable sources on a small, localized scale, often near the point of use rather than at large, centralized power plants. Examples include rooftop solar panels, small-scale wind turbines, micro-hydropower, and biomass systems, which are commonly deployed in homes, businesses, rural areas, and off-grid […]

SC slams ‘bulldozer justice: The Supreme Court recently  took a strong position on the bulldozer actions , asserting that the executive branch cannot act as a judge and override the judiciary, emphasising that “the legal process should not prejudge the guilt of an accused”. The court was hearing petitions requesting to stop the ‘bulldozer’ actions […]

Booker Prize 2024 : Samantha Harvey has won the prestigious Booker Prize for her novel “Orbital”. The award ceremony took place on November 12, 2024. Harvey’s book is a unique exploration of life aboard the International Space Station. It reflects on human connections and the beauty of Earth. The novel was inspired by the isolation […]

The State of Food and Agriculture 2024’ (SOFA 2024): Why in News? The Food and Agriculture Organisation (FAO) has  recently released ‘The State of Food and Agriculture 2024’ (SOFA 2024). Key Findings: True Cost Accounting: The report calls for the importance of true cost accounting in agrifood systems. It helps to uncover the hidden costs […]

China’s Mars rover Zhurong finds possible shoreline of ancient Red Planet ocean   Happy Martian New Year! Today marks the start of a new year on the Red Planet, the 38th since humans began counting in 1956. The Martian new year begins with data from a now-defunct rover spotting what appears to be an ancient shoreline […]

The New Collective Quantitative Goal on Climate Finance (NCQG) is a forthcoming financial commitment by developed countries to assist developing nations in addressing climate change. It is set to replace the previous target of $100 billion per year, established in 2009, which has been criticized for falling short in both scale and actual delivery. The NCQG aims […]

Carbon markets are systems where companies, governments, and other entities can trade carbon emission allowances or credits, essentially turning greenhouse gas emissions into a tradable commodity. The goal of these markets is to incentivize reduction of emissions by setting a cap on allowable emissions and creating financial incentives for entities to reduce their carbon output. […]

The Reserve Bank of India has  issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI. The reclassification of Foreign Portfolio Investment (FPI) to […]

Will financial roadblocks continue to hinder conservation efforts? A big bone of contention at the COP16 was the mobilisation of resources to meet the Kunming-Montreal Global Biodiversity Framework target of $700 billion a year for biodiversity conservation by 2030, including $30 billion from developed countries. But pledges at COP16 totalled $163 million The 16th meeting […]

Justice Sanjiv Khanna recently took oath as the 51st Chief Justice of India (CJI), with President Droupadi Murmu administering the oath of office at a ceremony held at Rashtrapati Bhavan. Process of Appointment: Seniority Convention: By tradition, the senior-most judge of the Supreme Court is appointed as the Chief Justice of India. This convention has […]