Capital Gains Account Scheme (CGAS), 1988: The Ministry of Finance recently notified the Capital Gains Accounts (Second Amendment) Scheme, 2025, introducing changes to the Capital Gains Account Scheme (CGAS), 1988. It was introduced by the Central Government in 1988 to help taxpayers claim exemptions on long-term capital gains. Under Section 54 of the Income Tax […]
Category: Current Affairs
Special Leave Petition
Special Leave Petition: The Jammu & Kashmir and Ladakh High Court recently observed that dismissal of a Special Leave Petition (SLP), whether by a speaking or non-speaking order, does not lead to merger of the impugned order with the Supreme Court’s order. A SLP is a request made to the Supreme Court of India seeking […]
Javelin Missile : In News
Javelin Missile: In News The U.S. State Department recently approved a possible sale of Javelin missiles and Excalibur projectiles and related equipment to India for an estimated total cost of $92.8 million. It is an American-made, man-portable, anti-tank guided missile. It is developed and produced jointly by American defence majors Raytheon and Lockheed Martin. It […]
West Seti Hydropower Project
West Seti Hydropower Project: Nepal has extended the date for survey license for West Seti Hydropower Project being developed by NHPC and approved to work for a direct agreement for another by SJVN with an aim to facilitate Indian power companies to execute projects in the Himalayan nation. It is planned to be developed as […]
Colombo Security Conclave : 7th National Security Adviser level meeting
Colombo Security Conclave: 7th National Security Adviser level meeting The 7th National Security Adviser level meeting of the Colombo Security Conclave was held in New Delhi recently. It is a regional security grouping comprising India, Bangladesh, Sri Lanka, Maldives, Mauritius, and Seychelles. The CSC’s core objective is to promote regional security by addressing transnational threats […]
Kuno National Park : Birth Of Five Cubs
Kuno National Park : Birth Of Five Cubs The first India-born cheetah, Mukhi, has given birth to five cubs at Kuno National Park in Madhya Pradesh recently. Kuno National Park is located in the Sheopur district of Madhya Pradesh. It is nestled near the Vindhyan Hills. Originally established as Kuno Wildlife Sanctuary in 1981, it […]
Global Methane Status Report, 2025
Global Methane Status Report, 2025: The recent Global Methane Status Report 2025 warns that crop-residue burning is turning India into a global methane hotspot. It is produced by the UN Environment Programme and the Climate and Clean Air Coalition (CCAC). It provides updates on global progress on methane mitigation and the remaining work needed to […]
Protidricerus albocapitatus
Protidricerus albocapitatus: Scientists have discovered a new species of owlfly in Kerala after 134 years and named it Protidricerus albocapitatus. It was found in the Nedumkayam forest in Malappuram district of Kerala. It is a species of owlfly that belongs to the family Myrmeleontidae and order Neuroptera. With this addition, Kerala now hosts five known […]
Acanthosis Nigricans
Acanthosis Nigricans: Acanthosis Nigricans identification in early stages gives both children and adults a chance to detect prediabetes or diabetes before any major complications. It is a skin condition characterised by dark, velvety patches on skin folds. It can be obesity, insulin resistance, metabolic syndrome, diabetes mellitus and extremely rarely, in melanomas, stomach or liver […]
Meerut Bugle
Meerut Bugle: The Meerut Bugle has received a Geographical indication tag. It is a brass wind instrument common with the drills of armed forces and used in wars, ceremonies, and parades for decades. It is used to signal the start of movements or events, and carries a deep historical imprint. Meerut’s association with bugle-making dates […]
