International Big Cat Alliance

On March 1, 2024, India’s Environment Ministry secured Cabinet approval to institute an International Big Cat Alliance (IBCA) headquartered in New Delhi. The intergovernmental coalition mimics the International Solar Alliance model pioneered by India for boosting global tiger conservation efforts. ..

Month: Current Affairs - March, 2024

Category: Environment Current Affairs

India to Fund $11M Renewable Energy Project in Sri Lanka

On March 2rd, India inked an $11 million grant project with Sri Lanka and a private partner to install hybrid renewable energy infrastructure across three islands off Jaffna peninsula in northern Sri Lanka. The initiative is the third India-backed energy ..

Month: Current Affairs - March, 2024

Category: India Nation & States Current Affairs

India’s February GST Revenue Rises 12.5%

On March 2nd, official data revealed India’s Goods and Services Tax (GST) gross revenue collection for February 2023 rose sharply by 12.54% year-on-year to cross ₹1.68 lakh crore. This marks both – the third highest monthly receipts from the indirect ..

Month: Current Affairs - March, 2024

Category: Economy & Banking Current Affairs

India Replaces Maldives Troops with Technical Teams

On March 2nd, India’s Ministry of External Affairs confirmed that the first batch of Indian technical personnel has arrived in Maldives to take over operating duties of some military staff deployed in the island nation. The move follows recent discussions ..

Month: Current Affairs - March, 2024

Category: India Nation & States Current Affairs

Alexander Stubb Assumes Finnish Presidency

On March 3rd, 2023 Alexander Stubb was sworn in as the President of Finland, taking over from longtime former President Sauli Niinistö who served 16 years at the helm. The leadership transition comes at a pivotal juncture after Finland shed ..

Month: Current Affairs - March, 2024

Category: International / World Current Affairs

WTO MC13 Ends With Limited Outcomes

After five days of negotiations between trade ministers from 164 member countries, the 13th WTO Ministerial Conference (MC13) concluded on March 1, 2024 without tangible progress on various contested issues. However, a temporary truce was agreed upon regarding e-commerce duties. ..

Month: Current Affairs - March, 2024

Category: Summits and Conferences

Daily Current Affairs Quiz: March 2, 2024

1. Vikramaditya Vedic Clock, recently mentioned in the news, is located in which city? [A] Ujjain [B] Indore[C] Bikaner[D] Lucknow Show Answer Correct Answer: A [Ujjain ] Notes:The Prime Minister inaugurated the Vikramaditya Vedic Clock at Jantar Mantar, Ujjain. A ..

Consolidated Fund of India

The Consolidated Fund of India is the primary fund of the Government of India, established under Article 266 (1) of the Constitution of India. It is a fund into which all revenues raised or received by various government departments and ..

Iran Launches Pars-I Remote Sensing Satellite

On March 1, 2024, Iran announced the successful launch of its domestically manufactured ‘Pars-I’ remote sensing satellite into orbit using a Russian Soyuz-2.1b rocket. The event marks growing strategic space cooperation between both nations amid shared Western sanctions. Launch Details ..

Month: Current Affairs - March, 2024

Category: International / World Current Affairs

NSO Revises India’s GDP Growth Estimates

On March 1st, the National Statistical Office (NSO) updated India’s real GDP outlook for the current and previous two fiscal years. The revisions reflect data from the first advance estimates that incorporate latest production trends across sectors. Upward Revision for ..

Month: Current Affairs - March, 2024

Category: Economy & Banking Current Affairs