Page-10 of Current Affairs - January, 2025

Enhanced Certificate of Origin (eCoO) 2.0 System Launched

January 28, 2025

The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 system. This upgrade aims to simplify the certification process for exporters and improve trade efficiency. The new platform incorporates user-friendly features and mandatory electronic ..

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India’s Forex Reserves Decline

January 27, 2025

India’s foreign exchange (forex) reserves have experienced fluctuations in recent weeks. As of January 17, 2025, the reserves stood at $623.983 billion, a decrease of $1.88 billion from the previous week. This decline follows a larger drop of $8.714 billion ..

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Insolvency and Bankruptcy Code Cases Slow Down

January 27, 2025

The Insolvency and Bankruptcy Code (IBC) has been mechanism for resolving distressed debts in India. However, recent trends indicate a decline in its effectiveness. The Reserve Bank of India (RBI) reported a drop in case admissions to the National Company ..

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Declining Population of the Koraga Tribe in India

January 27, 2025

The Koraga tribe, classified as a Particularly Vulnerable Tribal Group (PVTG), is facing decline in its population. Recent reports indicate a drop from 20,000 members two decades ago to approximately 16,000. Current Demographics and Challenges The Koraga population is projected ..

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Blue Carbon Ecosystems

January 27, 2025

Blue carbon ecosystems play important role in climate change mitigation. They are among the most effective carbon sinks on the planet. Recent studies highlight their capacity to sequester carbon at rates higher than traditional forests. What Are Blue Carbon Ecosystems? ..

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Shompens Struggle for Survival

January 27, 2025

Recent developments have brought into light the challenges faced by the Shompens, an indigenous community in the Great Nicobar Islands. Prof Vishvajit Pandya, director of the Andaman and Nicobar Tribal Research Institute, has emphasised the community’s opposition to government projects ..

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Surge in Banking Complaints Under Ombudsman Scheme

January 27, 2025

The Reserve Bank of India (RBI) reported rise in customer complaints under its Integrated Ombudsman Scheme for the fiscal year ending March 2024. The total complaints surged by 32.81 per cent, reaching 934,355. This increase indicates a decline in customer ..

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What are Oppressive Heatwaves?

January 27, 2025

In recent years, researchers have focused on the increasing frequency of heatwaves in India. A study conducted by IIT-Bombay and ETH Zurich marks the phenomenon of ‘oppressive heatwaves’. These are characterised by high temperatures combined with high humidity. This combination ..

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