Banking Laws Amendment Bill 2024

The Lok Sabha passed the Banking Laws Amendment Bill, 2024, the first Bill of the Winter Session in December 2024. The Banking Laws Amendment Bill 2024, aims to enhance governance and regulatory oversight in India’s banking sector by amending key statutes. Read here to learn more. The Banking Laws Amendment Bill, 2024, passed in Lok…

https://www.clearias.com/banking-laws-amendment/

In hotels, restaurants, festivals, and public gatherings, beef consumption has been forbidden. To reinforce the Assam Cattle Preservation Act of 2021, a clause prohibiting the serving of beef in religious, social, and other public gatherings would be added.

The cutting-edge "Nano Bubble Technology" was introduced in the National Zoological Park in Delhi by the Union Minister of State for Forests, Environment, and Climate Change.
Nanobubbles, which are incredibly tiny bubbles with a diameter of less than 200 nanometers, are used in nano bubble technology to purify water.

International Debt Report 2024

The International Debt Report 2024 by the World Bank highlights key trends in global debt, particularly for low- and middle-income countries. Read here to learn more. One significant finding is the continued rise in external debt, with global economic vulnerabilities exacerbated by interest rate hikes and inflationary pressures. The report provides a detailed analysis of…

https://www.clearias.com/international-debt-report/

The Supreme Court has ordered all states to hold public servants accountable for delaying the filing of cases or appeals on behalf of the government, which results in losses for the public coffers.

The 80-pillar assembly hall, the location of Emperor Ashoka's third Buddhist Council, is being unearthed at the Mauryan-related Kumhrar site by the Archaeological Survey of India (ASI).
First excavation conducted by D.B. Spooner between 1912 and 1915.
It's location is in Kumhrar, Bihar, close to Patna.

Sikhism: The history, founders and beliefs

Sikhism is a monotheistic religion that originated in the Punjab region of South Asia in the late 15th century. Read here to learn more about the religion. Founded by Guru Nanak Dev Ji, Sikhism emphasizes equality, service, and devotion to one God. It is the fifth-largest organized religion in the world, with over 25 million…

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Lakkundi, a village in the Gadag district that was economically significant in the tenth century due to its minting operations, is currently experiencing a renaissance due to its historical significance. In some inscriptions, it is also known as "Lokki Gundi." In order to preserve and safeguard historically significant materials found in Lakkundi, the Karnataka State Tourism Department, in collaboration with the district administration and Archaeology Department, recently embarked on a three-day expedition for the first time. The entire hamlet contributed to the Department's relocation, creating a joyous atmosphere. The entire community joined together to celebrate the Tourism Department's action, with Mangalavaadya and Dollu Kunita on the streets, locals dressed to the nines, and houses and streets decked out.

A draft resolution to declare December 21 as World Meditation Day was co-sponsored by India and overwhelmingly approved by the UN General Assembly. India was one of the core group of nations that led the 193-member UN General Assembly in unanimously adopting the resolution titled "World Meditation Day," along with Liechtenstein, Sri Lanka, Nepal, Mexico, and Andorra.

De-dollarization: BRICS nations mull local currencies for trade

What is de-dollarization? What would be its impact? Why is it gaining momentum in today’s geopolitical stage? Read here to learn more. At the 16th BRICS summit in October 2024, BRICS countries discussed increasing the use of local currencies in trade or creating a new BRICS currency, to reduce reliance on the US dollar. In…

https://www.clearias.com/de-dollarization/

Due to social pressures to pursue careers in business, engineering, or medicine, Indian students for decades frequently shunned the humanities. However, a resurgent interest in the liberal arts has been fuelled by changes in the labor economy and societal requirements. Through the use of abilities like communication, critical thinking, creativity, and ethics, humanities students can now find possibilities in a variety of fields.

Despite BRICS talks regarding a unified currency to lessen dependency on the US dollar, RBI Governor Shaktikanta Das explained that India is not moving toward de-dollarization.
Lowering reliance on the US dollar in foreign reserves and trade in order to lessen the dangers brought on by currency volatility.
China and Russia, for example, have taken steps like expanding their gold holdings and engaging in bilateral trade in local currencies.

West Africa: India’s strategic focus and Relations with Nigeria

India’s engagement with West Africa, particularly with Nigeria, has gained momentum in recent years as part of its broader strategy to enhance ties with Africa. This relationship is shaped by historical linkages, economic opportunities, energy security, and a shared commitment to South-South cooperation. Read here to learn more. On the way to Brazil to participate…

https://www.clearias.com/west-africa-india-nigeria/

In the Rajya Sabha, Nirmala Sitharaman will move The Banking Laws (Amendment) Bill, 2024, which was passed by the Lok Sabha on December 3. The Lok Sabha today (December 9, 2024) will continue to discuss The Railways (Amendment) Bill, 2024, and Union Home Minister Amit Shah is also slated to move The Disaster Management (Amendment) Bill, 2024, for consideration and passing.

With the creation of Nafithromycin, the nation's first domestic macrolide antibiotic, India has reached a historic turning point in the battle against antimicrobial resistance (AMR).
Under the Biotech Industry Program, Wockhardt Ltd. developed the product with assistance from the Biotechnology Industry Research Assistance Council (BIRAC).