Current Affairs Notes

The International Debt Report 2024 by the World Bank highlights key trends in global debt, particularly for low- and middle-income countries. Read here to learn more. One significant finding is the continued rise in external debt, with global economic vulnerabilities exacerbated by interest rate … [Read more...] about International Debt Report 2024

The Lok Sabha passed the Banking Laws Amendment Bill, 2024, the first Bill of the Winter Session in December 2024. The Banking Laws Amendment Bill 2024, aims to enhance governance and regulatory oversight in India's banking sector by amending key statutes. Read here to learn more. The Banking … [Read more...] about Banking Laws Amendment Bill 2024

PRAGATI (Pro-Active Governance and Timely Implementation) is a transformative initiative by the Indian government aimed at accelerating infrastructure development and governance reform. The PRAGATI platform was launched in 2015 as a part of the Digital India Program. Read here to learn more about … [Read more...] about PRAGATI (Pro-Active Governance and Timely Implementation)

The SASCI scheme (Special Assistance to States for Capital Investment) is an initiative by the Government of India to enhance capital expenditure in states and Union Territories. Capital expenditure refers to spending on assets like infrastructure, roads, railways, and other long-term investments … [Read more...] about SASCI Scheme: Boosting tourism in India

The Riyadh Design Law Treaty, adopted in November 2024, represents a significant milestone in global intellectual property law. Read here to learn more. After nearly two decades of negotiations, the World Intellectual Property Organization (WIPO) member states adopted the landmark Design Law … [Read more...] about Design Law Treaty (DLT)

The "One Nation One Subscription" (ONOS) initiative is an ambitious scheme launched by the Indian government to provide nationwide access to academic journals and research papers. Read here to learn more. On November 25, 2024, the Union Cabinet approved the ‘One Nation One Subscription’ (ONOS) … [Read more...] about One Nation One Subscription (ONOS) initiative

The recently concluded COP29 of the United Nations Framework Convention on Climate Change (UNFCCC) in Baku, Azerbaijan, marked a significant step in global climate action. Here are the key highlights of the conference. COP, which stands for Conference of Parties, is a series of formal meetings … [Read more...] about COP29: UN Climate Change conference 2024

India’s path to net zero by 2070 is a monumental challenge that requires balancing economic growth, improving the quality of life for over a billion people, and addressing climate change. Achieving this target involves systemic shifts in energy, industry, transportation, and agriculture and … [Read more...] about India’s Road to Net Zero

AI and trade reconciliation is the need of the hour. Artificial Intelligence (AI) transforms international trade by enhancing efficiency, enabling better decision-making, and creating new opportunities across global markets. Here's how AI is influencing international trade and its broader … [Read more...] about AI and Trade: How AI shapes International Trade

The Chennai-Vladivostok Maritime Corridor (CVMC) is a shipping route aimed at enhancing connectivity between Chennai, India, and Vladivostok, Russia. This initiative is part of broader efforts to strengthen economic and strategic ties between India and Russia, particularly in the Indo-Pacific … [Read more...] about Chennai-Vladivostok Maritime Corridor