Why in News? The India-Japan Forum 2024 focuses on the growing strategic cooperation between India and Japan, especially in the area of semiconductors. Indian External Affairs Minister S. Jaishankar highlighted the potential of a strategic semiconductor alliance between the two nations. India and Japan are working together to strengthen their semiconductor industries and make global […]
India-Japan Forum 2024 Read More »
Why in News? Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India (RBI). The announcement was made by the central government on December 9, 2024. Malhotra will take over from Shaktikanta Das, who held the position for the past six years. About New RBI Governor Sanjay Malhotra: Sanjay Malhotra
Sanjay Malhotra Appointed as RBI’s New Governor Read More »
Why in News? Syria’s civil war has entered a new phase with a sudden attack by the military opposition command on forces loyal to President Bashar al-Assad. They have taken control of major cities, including Aleppo, Hama, Homs, and Daraa. The political situation in Syria has become more uncertain. Introduction of Syrian Civil War: The
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
Israel Takes Control of Golan Heights Buffer Zone Read More »
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
RBI Monetary Policy Meeting 2024 Read More »
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
Bharatiya Vayuyan Vidheyak, 2024 Read More »
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)
Railways (Amendment) Bill, 2024 Read More »
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:
India’s First Indigenous Antibiotic: Nafithromycin Read More »
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
South Korea’s Martial Law Controversy Read More »
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
Banking Laws Amendment Bill 2024 Read More »
