Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), which represents industrialised countries, are sending divergent signals to investors on oil market strength in 2024 and, for the longer term, about the speed of the world’s transition to cleaner fuels. In February 2024, the IEA predicted demand will rise by 1.22 …
•The Supreme Court dismissed an application by State Bank of India (SBI) for time till June 30, 2024 to provide details of electoral bonds purchased anonymously and their encashment by political parties. •A five-judge Bench headed by Chief Justice of India D.Y. Chandrachud, which had on February 15 struck down the electoral bonds scheme as …
•Just days ahead of the announcement of Lok Sabha election, the Union Home Ministry notified the Citizenship Amendment Rules, 2024 that would enable the implementation of the Citizenship Amendment Act (CAA) passed by Parliament in 2019. •Though the law facilitates citizenship to undocumented people belonging to Hindu, Sikh, Buddhist, Parsi, Christian, and Jain communities from …
•Prime Minister Narendra Modi announced the successful test-firing of Agni-5 ballistic missile with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology by the Defence Research and Development Organisation (DRDO) under Mission Divyastra. •The flight test was carried out from Dr A.P.J. Abdul Kalam Island in Odisha. •MIRV technology means single missile can carry multiple warheads •With …
•Prime Minister Narendra Modi inaugurated ‘One Station, One Product’ (OSOP) stalls at 205 railway stations. •The OSOP scheme promotes the ‘Local for Vocal’ vision of the Government of India. •It provides a market for local/indigenous products and creates additional income generation opportunities for the marginalised sections of society. •The pilot of the scheme was started …
•The Supreme Court asked Attorney-General R. Venkataramani to take instructions from the government on a report submitted by the court-appointed Justice Gita Mittal committee highlighting recent “worrying” happenings in Manipur, which had been rocked by violence in May 2023. •The committee was formed to oversee relief activities in Manipur. •Supreme Court also sought status reports …
•China said it “strongly deplores” Prime Minister Narendra Modi’s recent visit to Arunachal Pradesh and raised concerns with India. •On March 9, 2024, Mr. Modi inaugurated a number of development projects, including the Sela Tunnel, an-all weather strategic link for Tawang and Kameng districts, near the Line of Actual Control (LAC). •Built at a height …
•Oppenheimer swept the board at the Oscars, Hollywood’s biggest night of the year, with seven awards including best picture and best director, triumphant year for filmmaker Christopher Nolan. •Nolan’s masterful drama about the father of the atomic bomb, •Robert Downey Jr. was recognised for his stellar performance as J. Robert Oppenheimer’s political nemesis Lewis Strauss. …
•The sudden and unexpected resignation of Election Commissioner (EC) Arun Goel, barely a week before announcement of Lok Sabha election, came as a surprise to many. •Insiders in the poll body have said that apparent differences emerged between Mr. Goel and Chief Election Commissioner (CEC) Rajiv Kumar during their visit to West Bengal to oversee …
