Centralised Asset Liquidation Auction Platform: The Insolvency and Bankruptcy Board of India (IBBI) and Indian Banks’ Association (IBA) plans to create a centralised platform for auctioning of assets under the Insolvency and Bankruptcy Code (IBC).Auction of assets will be conducted via the eBKray platform which has been operating auctions for mortgaged assets under the SARFAESI […]
Category: Current Affairs
Diffraction Limit
Diffraction Limit: The resolution limit of an optical instrument that uses light is constrained by the diffraction limit, a fundamental boundary that prevents improvement beyond a certain point.This diffraction limit affects the instrument’s ability to distinguish between two close objects. Due to the diffraction limit, scientists could use the light microscope to see cells but […]
‘Quota-Within-Quota’ System
‘Quota-Within-Quota’ System: Supreme Court ruling, have questioned whether a ‘quota-within-quota’ system is needed to ensure that affirmative action policies are more equitable across SC subgroups.Existing Reservation Quotas:Scheduled Castes (SC): 15% reservation in education and public employment.Scheduled Tribes (ST): 7.5% reservation.Other Backward Classes (OBC): 27% reservation with a “creamy layer” exclusion.Economically Weaker Sections (EWS): 10% reservation […]
Visible Emission Line Coronagraph
Visible Emission Line Coronagraph: Scientists from the Indian Institute of Astrophysics (IIA) in Bengaluru have reported initial significant observations from the Visible Emission Line Coronagraph (VELC) onboard ADITYA-L1, India’s first solar mission launched by ISRO.The VELC on ADITYA-L1 successfully captured and precisely estimated the onset time of a Coronal Mass Ejection (CME) that erupted from […]
Legendary Folk Singer Sharda Sinha Passes Away at 72
Legendary Folk Singer Sharda Sinha Passes Away at 72: Legendary folk singer, Sharda Sinha, known fondly as the “Bihar Kokila” (Nightingale of Bihar) has passed away at age 72 due to complications from cancer. Sinha’s voice brought joy and pride to countless people, especially those who celebrated the traditional festivals of Bihar. Her songs, full […]
ISRO to Launch EU’s Proba-3 Satellite
ISRO to Launch EU’s Proba-3 Satellite: Indian Space Research Organisation (ISRO) is set to launch the European Union’s Proba-3 Solar Observation Mission in December from Sriharikota. The satellite, arriving at Sriharikota, is designed to study the Sun’s faint corona, a crucial aspect of solar science. This marks India’s third collaboration with the EU in space, […]
32nd Kendriya Hindi Samiti Meeting in New Delhi
32nd Kendriya Hindi Samiti Meeting in New Delhi: Union Home Minister and Minister of Cooperation, Shri Amit Shah, chaired the 32nd meeting of the ‘Kendriya Hindi Samiti’ in New Delhi. The Kendriya Hindi Samiti is the apex body responsible for providing guidelines for the development and promotion of the Hindi language across the country.
WBF World Championship Title 2024
WBF World Championship Title 2024: Indian professional boxer Mandeep Jangra claimed the World Boxing Federation’s super featherweight world title after defeating Britain’s Conor McIntosh in an intense match in the Cayman Islands. The 31-year-old, who trains under former Olympic silver medallist Roy Jones Jr, dominated most rounds and secured a significant victory, marking only one […]
Indian Navy Hosts 3rd Mahasagar Summit
Indian Navy Hosts 3rd Mahasagar Summit: The Indian Navy successfully conducted the third edition of the Mahasagar summit, continuing its flagship outreach initiative for maritime security in the Indian Ocean Region (IOR). Held virtually under the theme, “Training Cooperation to Mitigate Common Maritime Security Challenges in the IOR,” the summit brought together senior leaders from […]
Bid to host the 2036 Summer Olympics : India
Bid to host the 2036 Summer Olympics : India India has officially submitted a Letter of Intent to the International Olympic Committee (IOC) for the 2036 Olympic and Paralympic Games, marking a significant step in realizing Prime Minister Narendra Modi’s vision of hosting the prestigious event. The bid was submitted by the Indian Olympic Association […]
