The Lok Sabha on December 3, 2024 passed the Banking Laws (Amendment) Bill, 2024. Key provisions It allows bank account holders to have up to four nominees in their accounts. Another proposed change relates to redefining ‘substantial interest’ for directorships, Read More …
Category: UPSC CURRENT AFFAIRS
Lok Sabha passes Banking Laws (Amendment) Bill, 2024
10th India International Science Festival
The 10th India International Science Festival (IISF) inaugurated on 30th November at IIT Guwahati. The festival is centered around the theme “Transforming India into an S&T-driven Global Manufacturing Hub”. The Council of Scientific and Industrial Research (CSIR), with coordination by Read More …
UNCCD-COP16
COP16 of the UN Convention to Combat Desertification (UNCCD) is being held in Riyadh, Saudi Arabia. During the summit, Union Environment Minister Bhupender Yadav highlighted India’s comprehensive approach to combating land degradation and desertification. In his address, the minister reiterated Read More …
Special Assistance to States for Capital Investment scheme
The Union government has released Rs 50,571.42 crore to states under its ‘Special Assistance for Capital Investment’ scheme. About Special Assistance to States for Capital Investment scheme
Govt withdraws windfall tax
The Government of India on 2nd December announced the withdrawal of the windfall tax on Aviation Turbine Fuel (ATF), crude oil, petrol, and diesel through a notification introduced in the Lok Sabha.
Okavango Delta-350 elephants probably killed due to Harmful algal blooms
According to a new study, more than 350 elephants that died in mysterious circumstances in Botswana’s Okavango Delta probably drank toxic water. What does the study say? About Harmful algal blooms Okavango Delta (Sources: The Guardian, NOAA, CDC, UNESCO)
India’s GDP base year to shift to 2022-23
The Government of India (GoI) has announced its decision to revise the base year for the calculation of Gross Domestic Product (GDP) from 2011-12 to 2022-23. An Advisory Committee on National Accounts Statistics (ACNAS) has been constituted to facilitate the Read More …
Uber Shikara-Asia’s first water transport service
Uber has launched Asia’s first water transport service, “Uber Shikara,” in the picturesque Dal Lake of Jammu and Kashmir, combining technology with tradition to revolutionize tourist experiences. With this innovative initiative, tourists can now enjoy hassle-free, pre-booked shikara rides through Read More …
Madhav National Park as a tiger reserve
The technical committee of the National Tiger Conservation Authority (NTCA) has approved the proposal to designate Madhav National Park in Madhya Pradesh’s Shivpuri district as a tiger reserve.
Joint Table Top Exercise CINBAX
The 1st edition of Joint Table Top Exercise, CINBAX, between the Indian Army and the Cambodian Army commenced at Foreign Training Node, Pune. The exercise will be conducted from 1st to 8th December 2024. The Cambodian Army contingent will comprise 20 personnel and Read More …
PRAGATI Platform
A recent study by Oxford University’s Saïd Business School (SBS) has lauded Prime Minister Narendra Modi’s PRAGATI infrastructure monitoring system for accelerating 340 projects worth $205 billion across the country and bringing about economic transformation. Key points About PRAGATI
Cyclone Fengal ‘landfall’
Cyclone Fengal-a cyclonic storm made landfall over Puducherry on November 30 evening. About landfall Naming of Cyclones (Source: The Hindu and Indian Express)
US President Biden pardons son Hunter in criminal cases
US President Joe Biden, on December 1, issued a pardon for his son, Hunter Biden. By granting Hunter Biden clemency, Joe Biden has ensured that President-elect Donald Trump cannot reverse this official grant upon assuming office.
One Stop Centres (OSCs)
Government highlighted that it has approved proposal for 9 One Stop Centres (OSCs) to support distressed Indian women abroad. About One Stop Centre (OSC)
Building India’s Clean Plant Programme
The Centre and the Asian Development Bank (ADB) on 29th November signed an agreement for a 98 million US dollar loan or the Building India’s Clean Plant Programme.