Morgan Stanley Cuts India’s FY25 GDP Growth to 6.3%: Morgan Stanley has revised India’s GDP growth projection for FY25 down to 6.3%, from its previous estimate of 6.7%. This downward revision comes after India’s GDP growth slowed to 5.4% in the July-September 2024 quarter, marking its lowest level since March 2023. This reflects a broader […]
SEBI Fines Reliance Securities ₹9 Lakh for Rule Violations
SEBI Fines Reliance Securities ₹9 Lakh for Rule Violations: SEBI (Securities and Exchange Board of India) has imposed a ₹9 lakh penalty on Reliance Securities Ltd (RSL) for breaching stock broker norms and market regulations following an inspection. The action was triggered after a review of RSL’s records and documents by SEBI, NSE, and BSE […]
Daily Current Affairs for UPSC IAS: 5th December 2024
Today’s Current Affairs: 5th December 2024 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Aleppo City : In News
Aleppo City : In News Syria’s second-largest city, Aleppo, has fallen from government control for the first time since the country’s conflict began more than a decade ago. Aleppo, or “Halab” in Arabic, is one of the world’s oldest continually inhabited cities, being mentioned in Egyptian texts from the 20th century BC. It is a […]
PM Surya Ghar Muft Bijli Yojana
PM Surya Ghar Muft Bijli Yojana: Around 1.45 crore registrations have been made under the PM Surya Ghar Muft Bijli Yojana, and 6.34 lakh installations have been completed, Parliament was informed recently. It is a government scheme launched on February 15, 2024, that aims to provide free electricity to households in India. Under the scheme, […]
Banking Laws (Amendment) Bill, 2024 : Passed
Banking Laws (Amendment) Bill, 2024: Passed The Lok Sabha recently passed the Banking Laws (Amendment) Bill, 2024 by a voice vote. It introduces significant changes aimed at improving governance in the banking sector and enhancing customer convenience. The bill seeks to amend five acts: the Reserve Bank of India Act, 1934; the Banking Regulation Act, […]
Oilfields (Regulation and Development) Amendment Bill, 2024 : Passed
Oilfields (Regulation and Development) Amendment Bill, 2024 : Passed The Rajya Sabha recently passed the Oilfields (Regulation and Development) Amendment Bill, 2024, via a voice vote, paving the way for significant changes in India’s oil and gas exploration laws. It is a bill to amend the Oilfields (Regulation and Development) Act, 1948, aiming to boost […]
Linen Inspection and Sorting Assistant System
Linen Inspection and Sorting Assistant System: The Union Railway Minister inaugurated the Linen Inspection and Sorting Assistant (LISA) system. It is an Artificial Intelligence-based system, that inspects and sort linens such as bed sheets and towels provided to passengers in the air-conditioned coaches. It is designed to ensure 100% quality inspection of bed sheets used […]
Ayush Oushadhi Gunvatta Evam Uttpadan Samvardhan Yojana
Ayush Oushadhi Gunvatta Evam Uttpadan Samvardhan Yojana: The union Minister of State (I/C) for Ayush informed the Rajya Sabha about the Ayush Oushadhi Gunvatta evam Uttpadan Samvardhan Yojana. Ayush Oushadhi Gunvatta Evam Uttpadan Samvardhan Yojana is a Central Sector Scheme formulated by the Ministry of Ayush. It aims to regulate Ayurveda, Siddha, Unani, and Homeopathy […]
Subabul Tree
Subabul Tree: Researchers have identified the therapeutic potential of the seedpods from the traditional medicinal plant Subabul in managing insulin resistance related to type II diabetes and developed a marker-assisted fraction and four active compounds from it. It is a fast-growing leguminous tree commonly found in tropical and subtropical regions. It originates from Mexico is […]
