Current affairs

Chief Justice Sanjiv Khanna, Assumed Office as 51st Chief Justice of India

Justice Sanjiv Khanna assumed office as the 51st Chief Justice of India (CJI) on November 12, 2024. His tenure as CJI will last approximately six months, ending with his retirement in May 2025. Faced with a backlog of over 66,000...

States and The Centre’s Fetter of Net Borrowing Ceiling

Context In 2023, the central government imposed a Net Borrowing Ceiling (NBC) on the State of Kerala, restricting its maximum borrowing to 3% of the projected Gross State Domestic Product (GSDP) for FY 2023-24. This ceiling applies to all borrowing...

Can India Get Rich Before Growing Old?

Context Since economic liberalization, the demographic dividend has become synonymous with a promise of sustained economic growth. However, India's total fertility rate (TFR) is declining faster than anticipated, raising concerns about the permanence of this advantage. Current Demographic Reality Approximately...

Nationwide Digital Strike This Deepavali Organised By women Gig workers

Context On Diwali, women gig workers across India, led by the Gig and Platform Services Workers Union (GIPSWU), organised a digital strike labelled as “Black Diwali.” More in News The strike called attention to exploitative labour practices in the gig...

Black Buck

Black Buck It is also known as the Indian antelope and is endemic to India & Nepal. Habitat: open grasslands, scrublands and savannas. Features: Males are characterised by their striking black and white coloration, with a dark brown to black...

TRAI chief to chair South Asian Telecom Regulators’ Council

Context Recently TRAI hosted the plenary session of SATRC in New Delhi, where TRAI Chairman Anil Kumar Lahoti was voted the chair of SATRC for the coming year. South Asian Telecommunication Regulators’ Council (SATRC) It is a sub-regional activity of...

RBI issues new framework for reclassification of FPI to FDI

Context The RBI has directed FPIs to obtain necessary approvals from the government and concurrence from the investee companies when their equity holdings go beyond the prescribed limits About FDI and FPI   ●       Foreign Portfolio Investor (FPI): FPIs are...

Europe’s Digital Euro

Context The European Central Bank (ECB) has taken up a project to create a central bank digital currency (CBDC) that could serve as a complement to cash in the Eurozone. Key Features of the Digital Euro Central Bank-Issued: Unlike cryptocurrencies...

Bitcoin Surges Past $89,000, Key Drivers and Market Outlook

Bitcoin, the world’s largest cryptocurrency, has recently broken through the $89,000 mark, sparking widespread interest and excitement among investors. This surge comes after years of stagnation, raising the question: Is the “crypto winter” finally over? Bitcoin's Surge Past $89,000 Bitcoin's...

Pinaka Multi-barrel Rocket Launch (MBRL) System

About Pinaka Multi-barrel Rocket Launch (MBRL) System Developed by: Armament Research and Development Establishment (ARDE), a DRDO laboratory. (First used during Kargil War) Launch Capacity: It can fire a salvo of 12 rockets within 44 seconds. Payload: Each rocket can...