Archives: Current Affair

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 […]

Why in News ? Narendra Modi was sworn in as Prime Minister for a third consecutive term, alongside 71 ministers. 30 Cabinet Ministers, five Ministers of State (MoS) with Independent Charge, and 36 MoS took the oath of office and secrecy. President Droupadi Murmu administered the oaths. About council of ministers (CoM): The Council of […]

Why in News? The term was recently used in an article. What  is Transformative constitutionalism? Transformative constitutionalism is a concept that emphasizes the ability of a constitution to be a tool for social change. It argues that the constitution is not a static document, but rather a living document that can be interpreted and applied […]

Why in news ?The RBI Governor Shaktikanta Das has recently  said that the Reserve Bank has decided to set up a Digital Payments Intelligence Platform which will harness advanced technologies to reduce payment fraud risks. To take this initiative forward, the Reserve Bank has constituted a committee headed by A.P. Hota, former MD & CEO, […]

Why in News ? India celebrated World Environment Day with the addition of the Nagi Bird Sanctuary and the Nakti Bird Sanctuary in Bihar to the global list of important wetlands. These newly designated Ramsar sites are man-made reservoirs located in the Jhajha forest range of Jamui district in Bihar. Their catchments feature dry deciduous […]

Why in News:Gearing up to remain “future-ready for India’s fast-growing economy”, the Reserve Bank of India (RBI) has listed a series of aspirational goals, including capital account liberalisation and internationalisation of the Indian rupee (INR), universalising of digital payment system and globalisation of India’s financial sector in a multi-year timeframe. Liberalizing Capital Account in the […]