Archives: Current Affair

After a few hesitant steps following a long flight from Prague, three Przewalski horses galloped off for the first time into the Kazakh steppe — the native habitat of this endangered species:  About the Kazakh Steppe: It also known as the Great Steppe, is a vast region of open grassland in Central Asia . Covering […]

The Speaker of the Lok Sabha, the lower house of India’s Parliament, plays a pivotal role in ensuring the smooth functioning of the house. Here are the key roles and powers of the Speaker of the Lok Sabha: Roles of the Speaker Presiding Officer: The Speaker presides over the sessions of the Lok Sabha, maintaining […]

In May 2024, New Caledonia, a French territory in the Pacific, experienced a wave of protests and riots. Triggering Event: Change in Voting Rights: The immediate cause was a new law passed by the French parliament allowing French residents who had lived in New Caledonia for at least 10 years to vote in provincial elections. […]

Why in News? The European Union Elections were recently  held from 6-9 June 2024. In European elections, citizens of European Union countries elect their representatives as Members of the European Parliament (MEPs). The number of MEPs elected from each EU country is agreed before each election and is based on the principle of degressive proportionality, […]

Report calls for need to provide regular data on how ocean warming is evolving and its impacts; this is needed to support the decade challenge for healthy and resilient oceans/ The oceans play a key role in regulating climate. Yet the world’s understanding is still insufficient to design solutions for multiple ocean crises and validate […]

Carbon dioxide removal (CDR), specifically referring to marine CDR (mCDR) technologies, are those that aim to capture and store excess carbon dioxide (CO2) from the atmosphere in the ocean. These technologies are being explored as a potential way to mitigate climate change by directly addressing the root cause – rising atmospheric CO2 levels.  mCDR technologies: […]

Why in News ? The Health Ministry and the Insurance Regulatory and Development Authority of India (IRDAI) are collaborating to launch the National Health Claim Exchange (NHCX). About the National Health Claim Exchange (NHCX): The National Health Claim Exchange (NHCX) is a digital platform launched by the National Health Authority (NHA) in India. It aims […]

Why in News?:The main  Sri lankan opposition leader Sajith Premadasa in the former war-torn district of Kilinochchi in the northern province  has recently said that a future government under his Samagi Jana Balawegaya (SJB) party would implement the 13A . What is 13 A ? It is an outcome of the Indo-Lanka Accord of July […]

Greedflation refers to a situation where inflation is driven by corporate profit maximization rather than traditional economic factors. Concept of Greedflation: Typically, inflation arises from factors like increased demand, supply chain disruptions, or rising input costs (like raw materials). Greedflation suggests companies use periods of inflation as an opportunity to raise prices excessively, beyond what’s […]

Why in news ? The Securities Exchange Board of India’s (SEBI) recently slapped a fine of Rs 7.75 crore on 11 individuals for allegedly operating a ‘pump and dump’ scheme. About Pump & Dump Scheme? A pump and dump scheme is a type of securities fraud that involves artificially inflating the price of a stock […]