Why in News? In a significant move amid ongoing unrest in Syria, Israel has expanded its control over the Golan Heights. On December 8, 2024, Israeli Prime Minister Benjamin Netanyahu announced that the Israeli Defense Forces (IDF) have deployed military forces in a newly established buffer zone along the Golan Heights. Introduction to the Golan […]
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Why in the News? In its 52nd Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) decided not to make any changes to the key policy rates. The repo rate was kept stable at 6.50%, while the cash reserve ratio (CRR) was reduced by 50 basis points to 4%. Key Highlights of RBI
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Why in News? The Bharatiya Vayuyan Vidheyak, 2024, passed by the Indian Parliament, aims to modernize and address contemporary challenges in the civil aviation sector, replacing the Aircraft Act, 1934. Highlights of the Bharatiya Vayuyan Vidheyak, 2024: Authorities and Oversight: Establishes three key aviation bodies: Directorate General of Civil Aviation (DGCA) for regulatory and safety
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Why in News? The Railways (Amendment) Bill, 2024 was introduced in the Lok Sabha on August 9, 2024, and debated on December 5, 2024. The bill was introduced aimed to unify two important legislations, the Indian Railways Board Act, 1905, and the Railways Act, 1989, into a single, streamlined framework. Key Features of Railways (Amendment)
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Why in News? India has launched its first indigenous antibiotic, Nafithromycin. It is a significant milestone in the fight against antimicrobial resistance (AMR). This drug is designed to treat infections caused by drug-resistant bacteria, particularly community-acquired bacterial pneumonia (CABP), and aims to tackle the global health emergency of antimicrobial resistance. Key Highlights of Nafithromycin Launch:
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Why in News? South Korea’s President Yoon Suk-yeol declared martial law in the country on the night of December 3, 2024, citing a growing internal crisis and external threats, particularly from North Korea. After a swift backlash from both political leaders and the public, the decision was reversed within hours. This sudden move has drawn
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Why in News? The Banking Laws (Amendment) Bill, 2024, recently introduced by Union Finance Minister Nirmala Sitharaman in the Lok Sabha. It proposes significant changes in India’s banking regulations to improve governance in the Indian banking sector. Banking Laws (Amendment) Bill, 2024: Key Provisions Nominee Options Expanded: Account holders can now designate up to four
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Why in News? The Atmanirbhar Clean Plant Programme is gaining attention due to its significant impact on the horticulture sector in India. The Indian government has partnered with the Asian Development Bank (ADB) to secure a $98 million loan aimed at improving the availability of disease-free planting materials for horticulture crops. This initiative is designed
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Why in news? The National Statistical Office (NSO) has released the GDP report for the second quarter (July-September) of the financial year 2024-25. India’s GDP grew by 5.4% during this period, down from 6.7% in the previous quarter. This growth is also below the analysts’ projection of 6.5%. The report highlights the country’s economic trends,
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Why in the News? Madhav National Park in Madhya Pradesh has recently been designated as the 8th Tiger Reserve by the National Tiger Conservation Authority (NTCA). This is a significant development in India’s wildlife conservation efforts, as it aims to bolster the protection of tigers and other wildlife species in the park. The park now
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