Archives: Current Affair

Why in News?The Red colobus, a rare group of imperilled monkeys spread across Africa, are primary indicators of biodiversity decline in the continent’s tropical forests. Conserving them could hold the keys to protecting these forests, a new study by an international team of scientists stated on April 30, 2024. Declining populations of red colobus “forewarn […]

Hand block painting or Ajrakh is an age-old tradition practiced in Ajrakhpur, a village in the Kutch district of Gujarat. The 100-odd families of the village take part in a laborious process that takes up to three weeks to complete. Textiles are treated with vegetable and mineral colours and the fabric goes through a washing […]

Currency carry trade is a strategy in which an investor borrows money in a currency with low interest rates and invests it in another currency with higher interest rates. The investor aims to profit from the interest rate differential between the two currencies. How it  works? Borrowing: The investor borrows money in a currency where […]

Why in News? The  US Fed has recently reduced the interest rate to tackle the inflation and boost economic growth.  About  US Fed: Like other central banks such as the RBI, as the US Fed conducts monetary policy, it influences employment and inflation primarily by using policy tools to control the availability and cost of […]

Why in News?The Defence Research and Development Organisation (DRDO) successfully conducted a flight test of the Supersonic Missile Assisted Release of Torpedo (SMART) from Dr APJ Abdul Kalam Island, situated off the coast of Odisha. According to the Ministry of Defence, SMART represents a cutting-edge missile-enabled lightweight torpedo delivery system aimed at bolstering the Indian […]

There are several different types of vaccines. Each type is designed to teach your immune system how to fight off certain kinds of germs—and the serious diseases they cause. When scientists create vaccines, they consider: How your immune system responds to the germ Who needs to be vaccinated against the germ The best technology or […]

UK pharmaceutical company AstraZeneca has acknowledged the potential for its COVID-19 vaccine to cause a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS), as per a report by The Telegraph. The vaccine, which was utilized in India under the name Covishield, was developed by AstraZeneca in collaboration with Oxford University during the pandemic and was manufactured by the Serum Institute […]

Why in News?  The Supreme Court has recently  ruled that a Hindu marriage is a ‘samskara’ or sacrament and cannot be recognised under the Hindu Marriage Act, 1955 “unless performed with ceremonies in the proper form”.  Key points of the Court: A Hindu marriage is a sacrament which has to be accorded its status as […]

The April Month 2024 as experienced heatwaves that  was more severe than previous year. While the southern peninsular and the southeastern coast areas have been the worst affected, the northern plains are yet to experience heatwave conditions this season. The Core Heatwave Zone (CHZ) spanning central, north, and peninsular India between Gujarat and West Bengal is prone […]

Why in News? The Securities and Exchange Board of India (Sebi) recently allowed non-resident Indians (NRIs) to own up to 100 per cent in global funds at the GIFT City and gave passive funds more exposure to group companies. Currently, NRIs and Overseas Citizens of India (OCIs) cannot own more than 50 per cent in […]