55th GST Council Meeting: The Finance Minister chaired the 55th Goods and Services Tax (GST) Council meeting. GST council decided to raise the rate of tax to 18% from 12% on all used EV sales, just as in case of non-electric vehicles. GST will apply only to the margin value (difference between purchase and selling […]
Conservation of Cephalopods
Conservation of Cephalopods: California and Washington have approved bans on octopus farming. Hawaii is considering similar action against raising octopus, a member of Cephalopods, demand for food.Cephalopods are a class of ocean-dwelling intelligent invertebrates that includes cuttlefish, squid and octopus.
Northern giant hornet
Northern giant hornet: The Northern giant hornet, nicknamed the murder hornet, has been successfully eradicated in the US.The Northern giant hornet (Vespa Mandarinia) is the largest hornet (wasp) in the world, measuring up to 2 inches long.A wasp is a type of insect belonging to the order Hymenoptera, which also includes bees and ants.It has […]
Undersea Cable Network
Undersea Cable Network: India is set to launch two new cable systems in the coming months namely India Asia Xpress (IAX) and India Europe Xpress (IEX).IAX connects Chennai and Mumbai with Singapore, Thailand and Malaysia in Asia while IEX connects them with France, Greece, Saudi Arabia, Egypt and Djibouti.They are high-capacity optic fibre cables laid […]
China dominating the critical minerals sector.
China dominating the critical minerals sector: In 2023, the Ministry of Mines identified 30 critical minerals vital for India’s economic growth and security. The report noted complete import dependency for 10 minerals, with China dominating the critical minerals sector.Critical minerals are those minerals which are essential for economic development and national security, the lack of […]
Didi Ki Library Initiative
Didi Ki Library Initiative: The “Didi ki Library” initiative, launched in Bihar under the World Bank-supported JEEViKA project, aims to bridge educational gaps in rural areas.A network of community libraries established in rural Bihar to support education and career development for underprivileged children and youth.
Cirus Reactor
Cirus Reactor: The Cirus reactor, operational since 1960, was pivotal in India’s nuclear program, driving scientific innovation and enabling the 1974 “Smiling Buddha” nuclear test.Uses of Cirus Reactor is isotopes for medicine, agriculture, and industry,Advanced condensed matter studies.
No-Detention Policy
No-Detention Policy: The Central Government has recently amended the Right to Education Act, 2009, scrapping the no-detention policy in schools governed by it.It includs Kendriya Vidyalayas, Jawahar Navodaya Vidyalayas, and other institutions under the Ministry of Defence and Tribal Affairs.No-Detention Policy introduced under Section 16 of the Right to Education Act, 2009 to prohibit the […]
India Clinches Women’s U19 T20 Asia Cup title
India Clinches Women’s U19 T20 Asia Cup title: India clinched the inaugural U10 Women’s Asia cup T20 title by defeating Bangladesh by 41 runs in the final held at the Bayuemas Oval, Kuala Lumpur on December 22, 2024. The victory was powered by a stellar half century from Gongadi Trisha and an impressive bowling performance, […]
Govt Infuses ₹500 Cr in IFCI to Boost Financial Health
Govt Infuses ₹500 Cr in IFCI to Boost Financial Health: The Indian government has decided to infuse ₹500 crore into the state-owned Industrial Finance Corporation of India (IFCI) to strengthen its financial health ahead of the company’s restructuring. This infusion will likely increase the government’s stake in IFCI beyond its current holding of 71.72% as […]
