Current Affairs – December, 2024
After five decades of dominance, the Assad dynasty’s rule over Syria has come to an abrupt end. Rebel forces, led by Hayat Tahrir al-Sham (HTS), successfully breached the regime’s stronghold in Damascus, forcing President Bashar al-Assad to flee. This historic development marks the conclusion of a regime synonymous with authoritarianism, sectarian rule, and conflict. The … Read more
In a significant development for Indian cricket administration, Devajit Saikia, a former Assam cricketer, has been named the acting secretary of the Board of Control for Cricket in India (BCCI). This interim appointment follows the elevation of Jay Shah to the prestigious role of International Cricket Council (ICC) chairman on December 1, 2024. The decision, … Read more
The European Space Agency (ESA) successfully launched the Sentinel-1C satellite from Europe’s Spaceport in French Guiana. This marks a major milestone as it also signifies the return of the Vega-C rocket, which had faced setbacks after its first mission failure two years ago. Key Details About Sentinel-1C Part of the Copernicus Programme Significance of Radar … Read more
Foreign Direct Investment (FDI) inflows into India have crossed the remarkable $1 trillion milestone, covering the period from April 2000 to September 2024. This achievement solidifies India’s position as a leading global investment destination, showcasing its robust economy and favorable business environment. Let’s explore this milestone and its significance for India’s growth trajectory. Key Highlights … Read more
India’s Comprehensive Anti-Drone Initiative: Strengthening Border Security : Union Home Minister Amit Shah has announced a groundbreaking initiative to bolster India’s border security: the establishment of a comprehensive anti-drone unit. This step aims to counter the rising threats posed by drones, particularly along the international borders. Speaking at the 60th Raising Day Parade of the … Read more
In a major stride toward combating financial fraud, the Reserve Bank of India (RBI) has introduced MuleHunter.AI, an advanced AI-driven tool developed by its Innovation Hub (RBIH). Designed to identify mule bank accounts used in illicit financial activities, this innovative technology aims to fortify India’s banking system against growing cybercrime threats. What Are Mule Accounts? … Read more
The Reserve Bank of India (RBI) has unveiled the Secured Overnight Rupee Rate (SORR) as a new benchmark for the interest rate derivatives market. This significant move aligns with global best practices, promising greater transparency and reliability in India’s financial markets. What is SORR? The Secured Overnight Rupee Rate (SORR) is a benchmark rate based … Read more
A group of over 20 Buddhist scholars and citizens from Thailand recently arrived in Delhi for the 4th Mekong-Ganga Dhammayatra, a significant pilgrimage aimed at promoting the cultural and spiritual connections between the Mekong and Ganga civilizations. The event, led by Dr. Supachai Viraphuchong, is a crucial step in enhancing India-Thailand relations and fostering a … Read more
India has reached a significant milestone in the field of transportation technology with the completion of its first-ever Hyperloop test track at IIT-Madras in Tamil Nadu. This achievement marks the beginning of the nation’s journey toward adopting ultra-high-speed transportation systems, aiming to redefine how people and goods move across the country. Key Highlights What is … Read more
India’s engineering prowess takes center stage with the nearing completion of the new Pamban Bridge, the country’s first vertical lift railway bridge. Set to connect Rameswaram on Pamban Island with Mandapam on the mainland, this modern marvel is expected to be inaugurated soon by Prime Minister Narendra Modi. Constructed by Rail Vikas Nigam Ltd. at … Read more
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