Government to Mobilise Rs 8 Lakh Crore via Bonds in H1 of FY26: The Indian government plans to raise Rs 8 lakh crore through dated securities in the first half (H1) of the financial year 2025-26 to bridge the fiscal deficit. This is part of the total gross market borrowing of Rs 14.82 lakh crore […]
Month: March 2025
Digital Crop Survey (DCS) System
Digital Crop Survey (DCS) System: The Ministry of Agriculture and Farmers Welfare has introduced the Digital Crop Survey (DCS) System to collect real-time crop-sown details directly from the field via a mobile interface. This system enhances accuracy in crop area estimation, contributing to precise agricultural production forecasting.
Cabinet Approves 2% Hike in DA for Government Employees
Cabinet Approves 2% Hike in DA for Government Employees: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a 2% increase in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners. This hike, effective from January 1, 2025, raises the DA from 53% to 55% of Basic Pay/Pension, benefiting approximately […]
HDFC Bank Embassy Fixed Deposit
HDFC Bank Embassy Fixed Deposit: HDFC Bank has outlined the details of its Embassy Deposits, which are exclusively available to diplomats, non-diplomatic staff, and diplomatic missions. These deposits are Foreign Currency (FCY) Term Deposits, currently available only in USD (United States Dollar). The latest update specifies the minimum deposit amount, interest rates, and renewal policies […]
Indian and US Courts on Contempt
Indian and US Courts on Contempt: The US President’s possible defiance of a US district court ruling on withholding foreign aid highlights tensions between the judiciary and executive, raising concerns over separation of powers and possible contempt proceedings. This situation brings into focus how courts in different democratic systems enforce compliance with judicial orders, particularly […]
JSW Steel Becomes the World’s Highest-Valued Steelmaker with Over $30 Billion Market Capitalisation
JSW Steel Becomes the World’s Highest-Valued Steelmaker with Over $30 Billion Market Capitalisation: JSW Steel, led by Sajjan Jindal, has achieved a remarkable milestone by becoming the world’s highest-valued steel manufacturer, surpassing US-based Nucor Corp. The company’s market capitalisation crossed the $30 billion mark, driven by strong stock performance and government recommendations aimed at protecting […]
Daily Current Affairs for UPSC IAS: 27th March 2025
Today’s Current Affairs: 27th March 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Earthquake struck off New Zealand’s South Island
Earthquake struck off New Zealand’s South Island: A strong 6.7 magnitude earthquake struck off New Zealand’s South Island recently. South Island is the larger and southernmost of the two principal islands of New Zealand, in the southwestern Pacific Ocean. It is separated from North Island to the north by Cook Strait and from Stewart Island […]
Euclid Space Telescope : Released Data
Euclid Space Telescope : Released Data The European Space Agency’s Euclid mission released its first batch of survey data, including a preview of its deep fields. Euclid Space Telescope named After: Euclid of Alexandria, an ancient Greek mathematician known for his contributions to geometry. Part of ESA’s Cosmic Vision Programme, which aims to explore the […]
Boilers Bill, 2024
Boilers Bill, 2024: The Lok Sabha passed the Boilers Bill, 2024, replacing the century-old Boilers Act of 1923. The bill, which aims to decriminalise seven offences and promote ease of doing business. The Boilers Act of 1923 was enacted to regulate the manufacturing, installation, operation, alteration, and repair of steam boilers to ensure safety. The […]