One Big Beautiful Bill: The US Senate narrowly advanced President Trump’s “One Big Beautiful Bill”, a sweeping tax and spending package estimated to add $3.3 trillion to federal debt. One Big Beautiful Bill: It is a 940-page legislative packagecombining tax reforms, spending cuts, and policy changes, including: Tax Cuts – Extends Trump’s 2017 tax cuts […]
Month: July 2025
Solar Energy Corporation of India (SECI)
Solar Energy Corporation of India (SECI): The Solar Energy Corporation of India (SECI) has successfully executed over 60 GW of Power Sale Agreements (PSAs) for solar, wind, and hybrid energy projects.SECI is a Central Public Sector Undertaking (CPSU) under the Ministry of New and Renewable Energy (MNRE). It serves as a nodal agency for implementing […]
Backdoor Layoffs
Backdoor Layoffs: Google has initiated a Voluntary Exit Programme (VEP) and new hybrid work mandates, sparking debate over ‘backdoor layoffs’ amid ongoing workforce restructuring across global tech giants.Backdoor layoffs are indirect methods used by companies to reduce workforce without formal termination notices, often avoiding regulatory scrutiny and public backlash.Employees are offered severance pay to resign […]
Daily Current Affairs for UPSC IAS: 1st July 2025
Today’s Current Affairs: 1st July 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Mud Volcano
Mud Volcano: The Wandan mud volcano recently erupted in Taiwan, sending bubbling mud shooting into the air as locals ignite ejected gases with burning rags. A mud volcano is a small volcano-shaped cone of mud and clay, of height usually less than a few meters, and often a few decimeters. It is built by a […]
Financial Stability Report : RBI
Financial Stability Report : RBI The Reserve Bank of India (RBI) recently released the Financial Stability Report for June 2025. It is a biannual report released by the Reserve Bank of India (RBI). It reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian […]
Space-Based Surveillance-III Programme
Space-Based Surveillance-III Programme: The Union Government recently ordered the fast-tracking of the launch of 52 dedicated surveillance satellites under the SBS-III programme. Space-Based Surveillance-III Programme (SBS-III) was approved in October 2023, by the Prime Minister-led Cabinet Committee on Security to develop next-generation satellites over the next decade. It involves the construction and launch of 21 […]
Animal Discoveries and Plant Discoveries 2024
Animal Discoveries and Plant Discoveries 2024: The details of new Animal Discoveries and Plant Discoveries and new records were released by the Union Minister for Environment, Forest, and Climate Change recently. The Zoological Survey of India (ZSI), the country’s premier institution for faunal exploration and research, publishes Animal Discoveries every year detailing the new discoveries […]
Altermagnets : Study
Altermagnets : Study Scientists have spotted a fascinating and previously unobserved electrical and thermal transport phenomenon in the high-quality single-crystalline altermagnet CrSb. Altermagnets are a newly discovered class of magnetic materials that enjoy the best properties of both ferromagnets and antiferromagnets. They do not show any net magnetism externally, but deep inside, their electrons behave […]
At Sea Observer Mission
At Sea Observer Mission: QUAD nations launched first-ever ‘At Sea Observer Mission’ to boost maritime cooperation. At Sea Observer Mission was launched by the QUAD nations i.e the Coast Guards of India, Japan, the United States, and Australia It aims to stride toward strengthening maritime security and interoperability in the Indo-Pacific, under the Wilmington Declaration. […]