Archives: Current Affair

Why in News? American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak. Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’? What […]

Why in News? India has launched Operation Sadbhav to provide humanitarian assistance to Southeast Asian countries affected by Typhoon Yagi, including Vietnam, Laos and Myanmar. About Typhoon Yagi: It began as a tropical storm in the western Philippine Sea on September 1, 2024. Yagi, which means goat or the constellation of Capricornus in Japanese. It […]

The third edition of the INDUS-X Summit recently  concluded in the United States, marking a progress in the advancement of a joint defence innovation ecosystem in India and the USA. About INDUS-X Summit: The INDUS-X Summit is a bilateral initiative between India and the United States aimed at fostering defense innovation collaboration. Launched in June […]

Why in News? On World Ozone Day 2024 , the Ministry of Environment, Forest and Climate Change (MoEFCC), organized a dialogue on the theme of “Montreal Protocol : Advancing Climate Action. The World Ozone Day is celebrated on September 16. Theme of Ozone Day: “Montreal Protocol : Advancing Climate Action in which reflects the Montreal […]

The global value chain (GVC) refers to the full range of activities that companies and workers engage in to bring a product or service from its conception to its end use and beyond. These activities include design, production, marketing, distribution, and support services that are geographically dispersed across different countries. The concept highlights how production […]

Why in News? To free the nation from colonial imprints,the central government has decided to rename Port Blair the capital of the Union Territory of Andaman and Nicobar Islands as “Sri Vijaya Puram”. It is also the place that hosted the first unfurling of our Tiranga by Netaji Subhash Chandra Bose Ji and also the […]

Why in News? The OpenAI’s project Strawberry, it is now officially called OpenAI o1. On September 12, the company fully unveiled the new AI model that thinks before responding. According to OpenAI, the model can reason through complex tasks and solve harder problems than previous models in science, coding, and math. While it is the […]

Why in News ? The government will set up a ‘golden city club’ to give more states a change to rank top among those with the cleanest cities. Indore won the title of India’s cleanest city for the seventh consecutive year in 2023. The government also aims to clean 200,000 difficult and dirty spots during […]

Senators in Mexico have approved a judicial overhaul pushed by outgoing President Andres Manuel Lopez Obrador after debate was briefly suspended by protesters who broke into the upper house in a bid to block the vote. The Senate, dominated by Lopez Obrador’s ruling Morena party and its allies, approved the controversial reform with 86 votes […]

Why  in News? Prime Minister Narendra Modi has recently virtually inaugurated the 2nd International Conference on Green Hydrogen, which is being held at Bharat Mandapam in New Delhi from September 11-13, 2024. What is Green Hydrogen: Green hydrogen is created by use of renewable energy sources such as solar or wind which generates clean electricity […]