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New Guidelines for Information Utilities in Insolvency

January 30, 2025

The Insolvency and Bankruptcy Board of India (IBBI) has introduced new guidelines to enhance the functioning of Information Utilities (IUs) within the Insolvency and Bankruptcy Code (IBC). These changes aim to improve identity verification, streamline processes, and ensure data integrity ..

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Labrys portucalensis F11

January 30, 2025

Recent studies have revealed a promising bacterial strain that can degrade per- and polyfluoroalkyl substances (PFAS). Commonly referred to as “forever chemicals,” Researchers from the University at Buffalo have identified Labrys portucalensis F11 (F11), a bacterial strain capable of breaking ..

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UPSC Current Affairs Quiz: January 30, 2025

January 30, 2025

1. In the light of India’s projects on connectivity, consider the following statements: Corridor/Highway Connecting Cities BCIM Economic Corridor Lhasa (China) – Kolkata (India) India-Myanmar-Thailand Trilateral Highway Moreh (India) – Mae Sot (Thailand) East-West Corridor (Golden Quadrilateral) Kolkatta (Bengal) – ..

International AI Safety Report

January 30, 2025

The International AI Safety report, released in 2025, outlines critical challenges associated with rapidly evolving artificial intelligence technologies. This comprehensive document addresses various threats, including job displacement, environmental impact, and security risks. The report stems from discussions held during the ..

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Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24

January 30, 2025

The Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 reveals growth in India’s unincorporated non-agricultural sector. Released by the Ministry of Statistics and Programme Implementation (MoSPI) on 24 December 2024, the survey emphasises the sector’s crucial role in employment ..

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Ethanol Procurement Price Revision for 2024-25

January 30, 2025

The Cabinet Committee on Economic Affairs in India has approved a revision of the ethanol procurement price for the Ethanol Supply Year 2024-25. This decision aims to support the Ethanol Blended Petrol Programme. The new price is set at Rs. ..

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Disaster Mitigation Funding Approved by High-Level Committee

January 30, 2025

Recently, the Government of India, through a High-Level Committee (HLC) led by Union Home Minister Amit Shah, approved allocation of Rs 3,027.86 crore for disaster mitigation projects. This funding aims to enhance disaster management across various states, focusing on lightning ..

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National Critical Mineral Mission

January 30, 2025

The Government of India has approved the National Critical Mineral Mission (NCMM) with a budget of ₹16,300 crore. This initiative aims to enhance India’s self-reliance in critical minerals essential for high-tech industries and clean energy. The Finance Minister announced this ..

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Mutual Credit Guarantee Scheme for MSMEs Launched

January 30, 2025

The Government of India has recently approved the Mutual Credit Guarantee Scheme for Micro, Small and Medium Enterprises (MSMEs). This initiative aims to enhance credit access for manufacturing units by providing a 60% guarantee coverage on loans up to ₹100 ..

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Sharavathy Pumped Storage Project

January 30, 2025

The recent conditional approval of the Sharavathy Pumped Storage Project has sparked controversy among environmentalists and local communities. The project is situated within the Sharavathy Lion-Tailed Macaque Sanctuary in Karnataka. This sanctuary is crucial for the conservation of the endangered ..

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