Context: The Prime Minister of the Republic of India has delivered the 17th tranche of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). Highlights: PMKISAN Scheme Payout to More than 95.8 Million Farmers About Scheme
4. Bank raises limit for collateral-free agriculture loan
3. Insurance Amendment Bill
Context: Parliamentary Standing Committee on Finance Holds Reforms Under the Insurance Amendment Bill Key Highlights: 4. Bank raises limit for collateral-free agriculture loan
2.India´s forex reserves increased by $1.51 billion
Context: Forex Reserves: Foreign currency assets in the country during the week ending November 29 rose by $1.51 billion to $658.091 billion from $656.582 billion RBI said on Friday.. Key Findings: Current Trend in Forex Reserve: This Forex had been under a downtrend, and only last fortnight recorded an all-time high plunge of $17.761 billion. Forex Reserves It is the asset which RBI hold. In most cases, those reserves are kept in the currency of advanced countries like US Dollar, Euro, Japanese Yen, or Pound Sterling. It is used to underpin the liability-and-reserve-system created by other financial institutions or government which banks have deposited with them in safekeeping. Purposes of Keeping Forex Reserves Why High Forex Reserves? Significance of Forex Reserves Components of Forex Reserves: Assets in Foreign Currencies: A significant part of the reserves raised foreign currency assets by $2.061 billion, up to $568.852 billion. These assets reflect the impacts of the appreciation or depreciation of all currencies except the US. Gold Reserves: Gold reserves fell by $595 million and now stand at $66.979 billion. Special Drawing Rights: SDR’s rose by $22 million, now at $18.007 billion. Reserve Position with IMF: The reserve position of India with International Monetary Fund increased by $22 million to stand at $4.254 billion.
2. World’s oldest known wild bird, 74-year-old Wisdom, lays eggs after four-year gap
Oldest Wild Bird on Earth, Wisdom, Albatross of Laysanan, Lays an Egg
5. How the Supreme Court hears cases
Context: A large number of cases are filed before the Supreme Court every year, even as thousands of other cases are already pending. How does the Supreme Court decide which cases to prioritise? Prioritization of Special Leave Petitions (SLPs) Current Case Backlog Average SLP Hearing Duration Previous Chief Justices’ Approach Supreme Court Registry’s Role Conclusion
4. Struggle with Stone Crushing in Khatoli Ahir and Mahendragarh District
Context: In Haryana’s Mahendragarh, stone cutting and crushing in the Aravali mountain range impacts health and agricultural output. Ashok Kumar reports on the sufferings of the people who live in close proximity to the crushing machines. Their homes and crops are covered in dust so thick it looks like snow. Environmental Crisis in Khatoli Ahir Village Stone Crushing’s Broader Impact in Mahendragarh District Community Struggles and Resistance
3. Nafithromycin: Country’s First Indigenous Antibiotic
Breakthroughs by India in the Fight Against the Antimicrobial Resistance (AMR) Brief Overview of Antimicrobial Resistance (AMR): Key Benefits for Nafithromycin:
2. Impact and Reasons for Cyclone Fengal
Cyclone Fengal: Overview Impact IMD Classification Cyclone Fengal’s Impact Key Factors
1. Korean President Yoon Suk Yeol’s Constitutional Power Suspension Supported by Governing Party Chief of South Korea
Context: South Korea’s governing party head supports suspending President Yoon’s powers, making impeachment more likely Highlights:
