Context At the sixth anniversary of the Insolvency and Bankruptcy Board of India (IBBI) on October 1, the Union Finance Minister voiced concerns over banks taking a hefty haircut on loans that go through the resolution process under Insolvency and Bankruptcy Code (IBC). About IBC Introduction: IBC was introduced in 2016 when India’s Non Performing […]
In News Recently, the European Union (EU) has given final approval to online safety focused legislation which is an overhaul of the region’s social media and e-commerce rules. Key features of the Digital Services Act Faster removal of content: As part of the overhaul, social media companies will have to add “new procedures for faster […]
Context The department of agriculture & farmers welfare, Ministry of Agriculture and the National Agricultural Cooperative Marketing Federation of India (NAFED) signed a Memorandum of Understanding (MoU) to boost the initiative promoting millets towards the celebration of the International Year of Millets (IYOM)-2023. About Millets Umbrella term: Millets is a common term to categorize small-seeded […]
In News A recent revamp of the Standing Committees of Parliament could potentially worsen the relations between the government and opposition parties. Committees of Parliament About: Parliamentary Committees have their origins in the British Parliament. A Parliamentary Committee is a panel of MPs that is appointed or elected by the House or nominated by the […]
In Context Recently, the Election Commission of India asked parties to explain how they plan to finance poll promises. More about the news About: The Election Commission of India wrote to parties proposing that they spell out ways and means of raising additional resources to finance the promises. EC also asked them to assess the […]
In News A recently released film has focused on a fictional account of the 10th-century Chola dynasty. Cholas are known for their progressiveness, the architectural marvels and temples, the social setup of the time, and how cities were named after women. The era of the Cholas Region of power: The Chola kingdom stretched across present-day […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 3& 11 Made-in-India attack helicopters inducted; special moment: PM Modi Light Combat Helicopter inducted into Indian Air Force: its features, Capabilities (Defence) Know about the features and significance of Light Combat Helicopters (LCH). GS 3 8 Sugarcane arrears to farmers […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1 Swedish scientist gets medicine Nobel for work on human evolution (Science and Technology) Know about Nobel Prizes and recent winners for Physiology or Medicine. GS 3 1 Govt. may lift AFSPA in 4 States after Naga peace pact ( […]
In News Recently ,The Supreme Court enabled the live streaming of the hearing of cases. It will run through the webcast of the National Informatics Centre (NIC). About In 2018 a three-judge bench of the Supreme Court allowed live-streaming in cases of constitutional and national importance. Attorney General KK Venugopal, who has for long advocated […]
In News Recently, according to the forecast by the UNCTAD, India’s economic growth is expected to decline to 5.7 per cent this year from 8.2 per cent in 2021. Major Highlights of the report The country’s growth will further drop to 4.7% in 2023. Reasons being higher financing cost and weaker public expenditures. India experienced […]
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