London Interbank Offered Rate (LIBOR) : RBI The Reserve Bank of India (RBI) has advised banks and other Regulated Entities to move away from the London Interbank Offered Rate (LIBOR) and transition to Alternative Reference Rates (ARR). The transition away from LIBOR is aimed at reducing reliance on a benchmark that is susceptible to manipulation […]
Month: May 2023
International Booker Prize 2023
International Booker Prize 2023: Georgi Gospodinov first Bulgarian author wins International Booker Prize: Time Shelter, written by Georgi Gospodinov and translated into English by Angela Rodel, has won the International Booker Prize 2023, edging out six other novels on the shortlist. This is the first time a novel originally published in Bulgarian has won the […]
Global Alliance For National Human Rights Institutions
Global Alliance For National Human Rights Institutions: The National Human Rights Commission, India (NHRC-India), a vital institution for safeguarding human rights, recently faced challenges regarding its accreditation by the Global Alliance of National Human Rights Institutions (GANHRI). The NHRC-India has experienced a deferral of its accreditation by GANHRI on two occasions. GANHRI raised concerns regarding […]
Jaisamand Wildlife : Jungle Safari
Jaisamand Wildlife : Jungle Safari Rajasthan Chief Minister recently inaugurated ‘Jungle Safari’ at Jaisamand Wildlife Sanctuary. Jaisamand Wildlife Sanctuary is located in the Udaipur district of Rajasthan surrounding Debar Lake (Jaisamand Lake). The forest of the Sanctuary used to be a Shikargah (Game Reserve) of the erstwhile Maharanas of Mewar. It was declared a Wildlife […]
Government Of National Capital Territory Of Delhi (Amendment) Ordinance, 2023
Government Of National Capital Territory Of Delhi (Amendment) Ordinance, 2023: The President recently promulgated the Government of National Capital Territory of Delhi (Amendment) Ordinance, 2023 to make a fresh claim of power over the services in the capital. The Supreme Court recently ruled that the Delhi Govt will have legislative and executive control over administrative […]
Daily Current Affairs for UPSC IAS: 25th May 2023
Today’s Current Affairs: 25th May 2023 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
National Advanced Surface-To-Air Missile System
National Advanced Surface-To-Air Missile System: The United States recently announced the approval of a $285 million sale of a NASAMS air defense system and related equipment to Ukraine. NASAMS (National Advanced Surface-to-Air Missile System) is a medium-range ground-based air defense system. It is designed to engage air targets at low and medium altitudes in all […]
76th World Health Assembly
76th World Health Assembly: Union Minister of Health and Family Welfare delivered the keynote address at a side event session on “Heal in India & Heal by India” at the 76th World Health Assembly, in Geneva. Heal by India’ initiative is designed with an intent to increase health workforce mobility from India to different parts […]
Two Day National Workshop : National e-Vidhan Application
Two Day National Workshop : National e-Vidhan Application Ministry of Parliamentary Affairs is set to organize a two-day National Workshop on the National e-Vidhan Application (NeVA) on 24th & 25th of May, 2023 in New Delhi The objective of this move is to encourage the legislatures of all states and union territories to move towards […]
Practice Of Forum Shopping
Practice Of Forum Shopping: The Chief Justice of India (CJI) has condemned the practice of Forum Shopping after a litigant mentioned the hearing before CJI although he had mentioned the same case a day before another Judge. Forum shopping refers to the practice of deliberately choosing a specific court for a legal case in the […]
