News In Short 10-03-2026

Kimberley Process Certification Scheme (KPCS)

Syllabus: GS3/ Economy

In News

  • India’s chairmanship of the Kimberley Process Certification Scheme (KPCS) offers a strategic opportunity to India to strengthen the global diamond governance.

Conflict Diamonds

  • ‘Conflict diamonds’, also known as blood diamonds, are the rough diamonds mined and used by rebel movements or their allies to finance armed conflicts aimed at undermining legitimate governments.
  • The term was introduced in the 1990s when international attention turned to the role of diamonds in financing violence in African countries like Angola, Sierra Leone, Rwanda, Liberia, etc.
  • These diamonds entered the global market through informal and illegal trade networks, making it difficult to trace their origin.

Kimberley Process

  • The Kimberley Process is a multilateral, voluntary certification mechanism aimed at preventing the trade of conflict diamonds.
  • It represents over 99% of global rough diamond trade.
  • Every shipment of rough diamonds between participating countries must carry a Kimberley Process Certificate. The certificate guarantees that the diamonds are conflict-free.
  • Trade with non-participants is prohibited.

India’s Diamond Industry

  • India is the world’s largest cutting and polishing hub.
  • It is a major importer of rough diamonds & top exporter of cut and polished diamonds ($13.3 billion in 2024–25).
  • It is the second-largest diamond market after the United States.
  • Gem and Jewellery Export Promotion Council (GJEPC) is the nodal agency for implementing Kimberley Process Certificate. It works under the Department of Commerce, Ministry of Commerce and Industry.

Way Ahead

  • India is reconsidering the definition of conflict diamonds, as it does not include diamonds linked to child labour, environmental harm, and human rights violations. 
  • The focus is also on strengthening transparency and traceability of rough diamonds across the global supply chain.

Source: IE

RBI Conducts OMO Purchase to Inject Liquidity Amid Rupee Pressure

Syllabus: GS3/ Economy

Context

  • The Reserve Bank of India (RBI) conducted Open Market Operation (OMO) purchase auctions of Government Securities (G-Secs) worth ₹50,000 crore to inject liquidity into the banking system.

What are Open Market Operations (OMO)?

  • Open Market Operations are monetary policy tools used by the RBI to regulate liquidity in the banking system.
  • Under OMOs, the RBI buys or sells Government Securities (G-Secs) in the open market.
    • OMO Purchase: RBI buys government bonds from banks. This injects liquidity into the banking system.
    • OMO Sale: RBI sells government bonds to banks. This absorbs excess liquidity from the market.

What is Government Security (G-Sec)?

  • It is a tradable instrument issued by the Central Government or the State Governments. Such securities are;
    • Short term (usually called treasury bills, with original maturities of less than one year) or 
    • Long term (usually called Government bonds or dated securities with an original maturity of one year or more).
  • In India, the Central Government issues both treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs).
  • G-Secs carry practically no risk of default and, hence, are called risk-free gilt-edged instruments.

Source: RBI

War of Attrition

Syllabus: GS3/Defence

Context

  • As tensions between US, Israel and Iran continue, experts warn that this is becoming a war of attrition.  

About

  • The war of attrition is a military strategy where a warring side seeks to exhaust its opponent’s resources, personnel, and morale until the capacity to fight collapses. 
  • The strategy involves a large amount of equipment, soldiers, and supplies to maintain sustained pressure on the enemy. 
  • The term attrition originates from the Latin word attritionem, meaning “a rubbing against”.
    • In other words, the term attrition means rubbing or wearing something away. 
  • A major war of attrition was fought in West Asia between Egypt and Israel from 1969 to 1970 over control of the Sinai Peninsula, a large desert area between the two countries. 

Source: IE

Darknet 

Syllabus: GS3/Cyber Security; Internal Security 

In News

  • The Narcotics Control Bureau (NCB) has busted the ‘Team Kalki’ darknet drug network operating nationwide since January 2025.

Darknet 

  • The darknet is a part of the internet that is intentionally hidden and cannot be accessed through standard web browsers or search engines.
  • It requires specialized software (TOR), configurations, or authorization to access.
  • Users remain anonymous, and their identities and locations are concealed through encryption. The darknet is a subset of the deep web.
  • It is used for narcotics sale, exchange of pornographic content and other illegal activities.
darknet

Source :TH

White Phosphorous

Syllabus: GS3/ S&T

In News

  • Human Rights Watch have now accused Israel of “unlawfully” using white phosphorus in Lebanon.

About White Phosphorous

  • White phosphorus (WP) is a highly reactive chemical substance used mainly in military applications for smoke screens, illumination, and incendiary effects.
  • It is a translucent yellowish-white waxy solid & glows faintly in the dark due to slow oxidation when exposed to oxygen.
  • It is stored under water or inert environments to prevent ignition.
  • White phosphorus is extremely toxic and hazardous as it causes deep chemical burns when it comes into contact with skin.
  • It is not explicitly banned under the Chemical Weapons Convention but prohibited under International Humanitarian Law.

Source: TH

Terminal High Altitude Area Defence (THAAD)

Syllabus: GS3/Defence

Context

  • Iran has reportedly struck a key radar associated with the Terminal High Altitude Area Defense (THAAD) missile defence system used by the United States and Israel in West Asia.

About THAAD

  • THAAD is an advanced missile defence system developed by the United States to counter short-medium-and limited intermediate-range ballistic missiles.
    • THAAD can engage ballistic missile threats at ranges of around 150–200 km.
  • It intercepts missiles during the terminal phase of their flight, both inside and outside the Earth’s atmosphere, providing a high-altitude defensive shield. 
  • The system uses “hit-to-kill” technology, in which interceptor missiles destroy targets through direct kinetic impact rather than explosive warheads, improving precision and reducing collateral damage.
  • The United Arab Emirates became the first foreign buyer in 2011, followed later by Saudi Arabia.

Do You Know?

  • India has opted for the S-400 Triumf air defence system from Russia instead of acquiring THAAD from the United States.

Source: TH

Exercise LAMITIYE-2026

Syllabus: GS3/Defence

Context

  • An Indian Armed Forces contingent has arrived at Seychelles to participate in the Eleventh edition of Joint Military Exercise LAMITIYE-2026.
    • Seychelles is an archipelago in the western Indian Ocean, comprising about 115 islands.

About

  • ‘LAMITIYE’ meaning ‘Friendship’ in the Creole language is a biennial training event and has been conducted in Seychelles since 2001.
  • The exercise will enhance synergy in the domains of sub-conventional operations in a semi-urban environment and cooperation and interoperability between both sides during peacekeeping operations. 

Source: AIR

FSI’s ‘Anavaran’ Deforestation Alert System Halted

Syllabus: GS3/ Environment

Context

  • The Forest Survey of India (FSI) has reportedly halted the fortnightly alerts generated by its AI-based Anavaran–Deforestation Alert System, which monitored forest cover loss in near-real time.

What is the Anavaran–Deforestation Alert System?

  • Anavaran is an AI-enabled deforestation monitoring platform developed by the Forest Survey of India.
  • It uses satellite imagery and machine learning algorithms to detect forest cover loss and send alerts to state forest departments every 15 days.
  • The system was operational from 2024 as a pilot project to strengthen real-time forest monitoring.
  • The Anavaran alert system is based on the Google Earth Engine (GEE) platform, and uses
    • Sentinel‑2 optical imagery (10–20 m spatial resolution).
    • Sentinel‑1 Synthetic Aperture Radar (SAR) for monitoring during cloud cover or monsoon.

Forest Survey of India (FSI)

  • The Forest Survey of India (FSI) is the nodal national organisation responsible for assessing and monitoring India’s forest resources.
  • It operates under the Ministry of Environment, Forest and Climate Change (MoEFCC).
  • Established in 1981, and headquartered in Dehradun, it succeeded the “Preinvestment Survey of Forest Resources” (PISFR).
  • It assesses and monitors forest and tree resources of the country and publishes the results in thebiennial India State of Forest Report.

Source: IE

 

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