Union Budget 2025: India’s Fiscal Deficit Challenges Ahead

India is currently grappling with hurdles in its efforts to reduce the fiscal deficit to 4.5% of GDP by the fiscal year 2025-26. which peaked at 9.5% of GDP during the pandemic, and has seen slow recovery. Analysts expressed skepticism ..

Month: Current Affairs - December, 2024

Category: Economy & Banking Current Affairs

ESA’s EnVision Mission to Study Venus

The European Space Agency (ESA) has officially confirmed the EnVision mission to explore Venus, which aims to deepen our understanding of Earth’s closest planetary neighbor. Scheduled to launch in 2031, EnVision will utilize advanced radar technology to penetrate Venus’s harsh ..

Month: Current Affairs - December, 2024

Category: Science & Technology Current Affairs

India’s Water Resources Assessment 2024

The Central Water Commission (CWC) has released its latest study, titled Assessment of Water Resources of India 2024, which estimates India’s average annual water availability at 2,115.95 billion cubic meters (BCM) from 1985 to 2023. The assessment incorporates various factors ..

Month: Current Affairs - December, 2024

Category: Environment Current Affairs

Arctic’s First Ice-Free Day by 2030: Recent Study

According to a recent study, the Arctic Ocean is projected to experience its first ice-free day by 2030. This occurs due to the increasing levels of greenhouse gases (GHGs) in the atmosphere, which contribute to global warming. Researchers from the ..

Month: Current Affairs - December, 2024

Category: Environment Current Affairs

Daily Current Affairs Quiz: December 14, 2024

1. What is the name of the chatbot launched by the Prime Minister to assist devotees during Mahakumbh Mela 2025? [A] Prayagraj Bot[B] Kumbh Sahayak[C] MelaBot[D] Sangam Show Answer Correct Answer: B [Kumbh Sahayak] Notes:The Prime Minister launched the Kumbh ..

India’s Women-Owned MSMEs Rise to 2.2 Crore

In recent years, India has witnessed a remarkable increase in women-led businesses. Over 2.2 crore women-owned Micro, Small, and Medium Enterprises (MSMEs) have been registered through various government initiatives, which has been boosted by the updated MSME definition introduced on ..

Month: Current Affairs - December, 2024

Category: Government Schemes Current Affairs

Disaster Management Amendment Bill, 2024

The Lok Sabha has recently passed the Disaster Management (Amendment) Bill, 2024, which aims to enhance the effectiveness of disaster management in India by modifying the existing Disaster Management Act of 2005. Key Changes Introduced The Bill transfers the responsibility ..

Month: Current Affairs - December, 2024

Category: Environment Current Affairs

9th India-Thailand Defence Dialogue

The 9th India-Thailand defence dialogue was held in New Delhi, signifies a very important advancement in the defence relationship between India and Thailand. Co-chaired by Amitabh Prasad and General Tharapong Malakam, the dialogue aimed to enhance collaboration in defence. Establishment ..

Month: Current Affairs - December, 2024

Category: Defence Current Affairs