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Odisha Coastal Erosion

Odisha Coastal Erosion: Union Minister for Ports, Shipping and Waterways informed the Rajya Sabha that 28.3% of Odisha’s 564-km coastline is undergoing erosion, based on a long-term assessment (1990–2022) by the National Centre for Coastal Research (NCCR). Coastal erosion is the progressive wearing away and landward displacement of beach or dune sediments caused by hydrodynamic […]

The Foreign Currency Non-Resident (Bank) — FCNR(B) Deposits

The Foreign Currency Non-Resident (Bank) — FCNR(B) Deposits: The Reserve Bank of India (RBI) advanced the deadline for fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits to qualify for its special USD–INR forex swap window to August 31, 2026.An FCNR(B) deposit is a term/fixed deposit account maintained in approved foreign currencies by Non-Resident Indians (NRIs) and […]

The UN Convention to Combat Desertification

The UN Convention to Combat Desertification: The 17th Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification opened in Ulaanbaatar, Mongolia, under the theme “Restoring Land, Restoring Hope.” The United Nations Convention to Combat Desertification (UNCCD) is the sole legally binding international agreement linking environment and development to sustainable land management. […]

Foreign Assets of Small Taxpayers – Disclosure Scheme

Foreign Assets of Small Taxpayers – Disclosure Scheme: The government has notified a one-time voluntary disclosure scheme, Foreign Assets of Small Taxpayers – Disclosure Scheme (FAST-DS). It is a one-time voluntary disclosure scheme contained in Chapter IV of the Finance Act, 2026. It enables eligible taxpayers to declare certain undisclosed foreign assets, undisclosed foreign income, […]

India’s Lunar Future

India’s Lunar Future: At the ninth India-U.S. Civil Space Joint Working Group meeting held at ISRO headquarters in Bengaluru, NASA formally invited the Indian Space Research Organisation (ISRO) to participate in its permanent ‘Moon Base’ programme under the Artemis Accords framework. India’s lunar trajectory is transitioning from robotic exploratory landings to sustained, crewed lunar surface […]

National Consumer Dispute Redressal Commission

National Consumer Dispute Redressal Commission: The Supreme Court expressed concern over the pending cases in the National Consumer Dispute Redressal Commission and asked the Centre to consider setting up regional and circuit benches to clear the backlog. National Consumer Dispute Redressal Commission is a quasi-judicial commission set up in 1988 under the Consumer Protection Act […]