GoI Approves Unified Pension Scheme for Government Employees: To enhance retirement benefits for government employees, the Union Cabinet on Saturday approved the Unified Pension Scheme (UPS). This new scheme is set to benefit approximately 23 lakh government employees and will serve as an alternative to the existing National Pension System (NPS).
Category: Current Affairs
RBI Governor Secures
RBI Governor Secures: Prime Minister of India recently congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das for receiving an ‘A+’ rating in the Global Finance Central Banker Report Cards 2024, marking his second consecutive achievement of this high honour. Shaktikanta Das is one of only three central bankers globally to receive an “A+” rating, […]
RBI Intensifies Scrutiny on P2P Lending Platforms
RBI Intensifies Scrutiny on P2P Lending Platforms: The Reserve Bank of India (RBI) has intensified its regulatory scrutiny on Non-Banking Financial Company–Peer to Peer Lending Platform (P2P) lending platforms following the discovery of multiple regulatory violations, including high levels of non-performing assets (NPAs). RBI identified violations, including unauthorised deposit acceptance and unusually high balances in […]
Orangutan Diplomacy
Orangutan Diplomacy: Malaysia has initiated “Orangutan Diplomacy” to address sustainability concerns related to palm oil-linked deforestation affecting orangutans, in response to backlash. Orangutans widely recognized for their distinctive red fur, are considered to be the largest tree-dwelling mammals. They are primarily arboreal, spending over 90% of their waking hours in trees. Orangutans are highly intelligent […]
Lunar Magma Ocean
Lunar Magma Ocean: The recent findings from India’s Chandrayaan-3 mission have sparked renewed interest in the Lunar Magma Ocean (LMO) theory, a crucial concept in planetary science that explains the moon’s early formation. Chandrayaan-3’s Pragyan rover identified a rock type known as ferroan anorthosite in the lunar south pole region. This discovery is significant as […]
Atomic Clocks- Lunar Time Standard
Atomic Clocks- Lunar Time Standard: An international astronomical group has called for a lunar time standard to facilitate future missions, addressing time discrepancies on the Moon due to its unique gravitational effects. Atomic clocks are the most precise timekeeping devices, critical for applications requiring extreme accuracy, such as GPS systems, telecommunications, and scientific research. These […]
Genome Editing- ISDra2TnpB
Genome Editing- ISDra2TnpB: A recent breakthrough in plant genome editing comes from a collaborative effort between the ICAR-National Rice Research Institute in Cuttack, India, and Pennsylvania State University, USA. Genome editing is a powerful tool that allows scientists to make precise changes to the Deoxy-Ribonucleic Acid (DNA) sequence of living organisms. This technology has vast […]
Waterspout
Waterspout: A luxury yacht sank off Sicily, Italy, during a violent storm, resulting in one confirmed death and six individuals missing, possibly due to a waterspout. Waterspouts are significant atmospheric phenomena characterised by rotating columns of air that form over water bodies. These tornado-like structures typically develop overseas or in large lakes, presenting a spectacular […]
Prime Minister Employment Generation Programme (PMEGP)
Prime Minister Employment Generation Programme (PMEGP): KVIC and Department of Posts collaborate to boost PMEGP Implementation across India. PMEGP is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises. Objectives is to generate employment opportunities in rural as well as urban areas of the country through setting up of new […]
India And Japan 2+2 Meet
India And Japan 2+2 Meet: India and Japan recently held their third 2+2 Foreign and Defence Ministerial Meeting in New Delhi. The discussions, which took place against the backdrop of growing geopolitical tensions and China’s assertiveness in the Indo-Pacific region, focused on deepening bilateral cooperation across various sectors. Key Highlights of the India and Japan […]
