Glasgow Agreement: The “Glasgow climate pact” was adopted despite a last-minute intervention by India to water down language on “phasing out” coal to merely “phasing down”. The pledges on emissions cuts made at the two-week Cop26 summit in Glasgow fell well short of those required to limit temperatures to 1.5C, according to scientific advice. Instead, […]
Current Account Deficit
Current Account Deficit: According to a recent report by British brokerage Barclays, India’s trade deficit has been jumping continuously since July 2021. The widening Current Account Deficit (CAD) is driven by the massive spike in commodity prices led by crude oil. The CAD is expected to reach $45 billion or 1.4% of GDP by March […]
RBI’s Retail Direct Scheme
RBI’s Retail Direct Scheme: The Prime Minister has launched the Reserve Bank of India (RBI)- Retail Direct Scheme to open up the Government bond market for the retail investors. In February 2021, RBI proposed to allow retail investors to open gilt accounts with the central bank to invest in Government securities (G-secs) directly. Under the […]
Tenures Of CBI & ED Directors Extended
Tenures Of CBI & ED Directors Extended: The President promulgated two ordinances that would allow the Centre to extend the tenures of the directors of the Central Bureau of Investigation and the Enforcement Directorate from two years to up to five years. The Delhi Special Police Establishment (DSPE) Act,1946 and the Central Vigilance Commission (CVC) […]
Norovirus
Norovirus: A highly contagious virus named Norovirus has been detected in Kerala. It is a group of viruses that leads to gastrointestinal illness. It causes inflammation of the lining of the stomach and intestines, in addition to severe vomiting and diarrhoea. Norovirus is resistant to many disinfectants and can heat up to 60°C. Therefore, merely […]
National Achievement Survey 2021
National Achievement Survey 2021: The Union Government has conducted the National Achievement Survey (NAS) across India, assessing about 38 lakh students from 1.23 lakh schools in 733 districts in 36 States and Union Territories. The survey was last conducted in 2017 and was scheduled to take place in 2020. However, due to the Covid situation, […]
National Interlinking Of Rivers Authority (NIRA)
National Interlinking Of Rivers Authority (NIRA): The Centre Government is contemplating creation of the National Interlinking of Rivers Authority (NIRA). NIRA is supposed to be an independent autonomous body for planning, investigation, financing and the implementation of the river interlinking projects in the country. NIRA will function as an umbrella body for all river linking […]
NASA’s DART Mission
NASA’s DART Mission: On November 24, at around 11.50 am (IST), NASA will launch the agency’s first planetary defense test mission named the Double Asteroid Redirection Test (DART). The spacecraft will be launched on a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California. About DART Mission: The main aim of the mission […]
H-1B Visa Holders
H-1B Visa Holders: The United States has agreed to provide automatic work authorisation permits to the spouses of H-1B visa holders — a move that is likely to benefit thousands of Indian professionals based in the US. As per the latest amendments, while L-1 spouses will be given the extension without applying for it, H-4 […]
147th Birth Anniversary Of Birsa Munda
Birth Anniversary Of Birsa Munda: Birth anniversary of Birsa Munda was observed on November 15th. In recognition of his impact on the national movement, the state of Jharkhand was created on his birth anniversary in 2000. Bisra Munda was a folk hero and a tribal freedom fighter hailing from the Munda tribe. He was a […]
