Bald Eagle : Declared As United States National Bird Bald eagle was officially declared as United States national bird after 250 years. The Bald eagle (Haliaeetus leucocephalus) is a magnificent bird of prey found in North America. It usually leads a solitary life, gathering in groups during nesting season. Its body and wings are dark […]
Month: December 2024
Kaveri Engine
Kaveri Engine: India’s Gas Turbine Research Establishment (GTRE), part of the Defence Research and Development Organisation (DRDO), has announced that the Kaveri engine has been cleared for inflight testing. The Kaveri engine project began in the late 1980s with the goal of powering the Light Combat Aircraft (LCA) Tejas. It has been developed by the […]
400 Million Dreams : Migration Report
400 Million Dreams : Migration Report The Economic Advisory Council to the Prime Minister (EAC-PM) released a working paper titled “400 Million Dreams!” which highlights a 12% decline in domestic migration since 2011. This shift, reflecting broader socio-economic changes, is attributed to improved economic opportunities and infrastructure in traditionally high migration source areas. Key Highlights […]
Increasing Real Effective Exchange Rate in India
Increasing Real Effective Exchange Rate in India: the Reserve Bank of India (RBI) reported that the Real Effective Exchange Rate (REER) of the rupee reached 108.14 in November 2024 from 107.20 in October 2024, marking its highest level this year.The rupee’s REER of 108.14 indicates overvaluation since 2015-16, undermining export competitiveness, despite nominal depreciation against […]
100 years of the Belgaum Congress Session
100 years of the Belgaum Congress Session: The centenary of the 1924 Belgaum Congress session is being celebrated in Belagavi, Karnataka, on 26-27th December 2024.This event commemorates Mahatma Gandhi’s chairmanship of the historic 39th All-India Congress session in Belgaum, where he made significant contributions to the Congress Party’s ideology and organizational structure.
Social Media and Teenagers
Social Media and Teenagers: Rising social media use among teenagers’ sparks debates on benefits and risks, with moves like Australia’s ban for under-16s underscoring the need to balance digital engagement and mental health.Reports show over 43% of Indian children aged 8-18 have active social media accounts, with many accessing it via parental smartphones.
Wealth Tax : Proposal To Reintroduce
Wealth Tax : Proposal To Reintroduce The proposal to reintroduce wealth tax in India has sparked debates, with arguments for reducing inequality through redistribution versus concerns over capital flight and administrative inefficiencies.Wealth tax is a direct tax levied on the net wealth of individuals, HUFs, and companies to ensure redistribution of resources. In India, it […]
Suposhit Gram Panchayat Abhiyan
Suposhit Gram Panchayat Abhiyan: Prime Minister launched the Suposhit Gram Panchayat Abhiyan, emphasizing the significance of combating malnutrition and promoting healthy living.It Aims to encourage villages to adopt practices that ensure better nutrition and overall health. Focus Areas: Malnutrition eradication, healthy competition among villages, and sustainable development.It is Community-driven initiatives to improve nutritional outcomes and […]
Monetary and Fiscal Policy
Monetary and Fiscal Policy: A finance ministry report cited monetary policy, macroprudential measures, and structural factors as possible contributors to the demand slowdown, highlighting differing views with the RBI on growth and inflation.Fiscal policy refers to the government’s use of taxation, spending, and borrowing to influence economic activity.
Russia Declares Federal Emergency Over Black Sea Oil Spill
Russia Declares Federal Emergency Over Black Sea Oil Spill: Russian authorities have declared a federal-level emergency in response to a catastrophic oil spill along the Black Sea coast. The spill, which occurred on December 15, has led to widespread pollution across the region, severely affecting local communities, marine ecosystems, and the coastal economy.
