Page-25 of Current Affairs - August, 2024

Bangladesh’s Leadership Transition Poses Risks to India Relations

August 6, 2024

Since Sheikh Hasina became Prime Minister of Bangladesh in 2009, the country has built a strong relationship with India. This partnership is based on working together against terrorism and sharing economic and cultural interests. However, leadership changes could threaten this ..

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What is Waqf Act?

August 6, 2024

There are ongoing discussions about a possible government bill to change the Waqf Act of 1995. This bill aims to improve accountability and transparency in Waqf boards and promote the inclusion of women in their administration. Understanding Waqf Boards Waqf ..

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Lok Sabha Passes Appropriation Bill for Financial Year 2024-25

August 6, 2024

On 26th February 2024, the Lok Sabha passed the Appropriation (No. 2) Bill, 2024, allowing the Indian government to withdraw funds from the Consolidated Fund of India for the 2024-25 financial year. This followed discussions on budget allocations for several ..

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What is the ‘yen carry trade’?

August 6, 2024

Global equity markets experienced a severe downturn starting on Aug 05, causing significant declines in major markets from Tokyo to London. Japan’s Nikkei had its largest single-day drop since 1987, indicating a major systemic issue. What Happened on August 05, ..

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Maharashtra Approves Prisons and Correctional Services Bill

August 6, 2024

On July 12, 2024, the Maharashtra State government introduced the Maharashtra Prisons and Correctional Services Bill during the Legislative Assembly’s monsoon session. Although the Bill was not passed, it has been approved by the State Cabinet to be enacted as ..

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Parliament Introduces Bill for Oil and Gas Policy Stability

August 6, 2024

The Oilfields (Regulation and Development) Amendment Bill, 2024, was introduced in the Rajya Sabha to improve investment in the oil and gas sector. The Bill aims to stabilize policies, facilitate international arbitration, and extend lease durations to address long-standing concerns ..

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Unprecedented Glacier Retreat Observed Across The Andes

August 6, 2024

Recent research published in Science reveals an unprecedented retreat of glaciers in the Andes, surprising scientists who thought these changes would take decades to become apparent. This rapid glacier decline signals troubling climatic changes that could impact global environments. Study ..

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Goa Assembly Bill Introduced for Scheduled Tribe Reservation

August 6, 2024

On August 5, 2024, the Union government introduced a Bill in the Lok Sabha to reserve seats for Scheduled Tribes (STs) in the Goa Legislative Assembly, where currently no seats are allocated for them. The Bill is called the “Readjustment ..

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