Forest Fire in Uttarakhand

Mapping   Source: India Today  Context: Large Forest fires are raging with forest fires across Uttarakhand. Nearly a hundred hectares of forest have been destroyed, exacerbated by dry conditions from the prevailing heatwave. In some regions of Uttarakhand, fires were doused with the help of a Bambi bucket, a specialised aerial fire-fighting tool used to …

G-sec

Facts for Prelims (FFP)   Source: BS   Context: The Reserve Bank of India (RBI) has announced that the Foreign Portfolio Investment (FPI) limits for investment in various securities will remain unchanged for the current fiscal year. The limits for FPI investment in government securities (G-sec), state development loans, and corporate bonds will be maintained …

Corporate Governance Charter

Facts for Prelims (FFP)   Source: ET   Context: Recently, CII (Confederation of Indian Industry) introduced a corporate governance charter tailored for startups, featuring a self-evaluative scorecard to assess governance progress.   What is Corporate Governance? It comprises dynamic principles and measures guiding an organization’s growth. It emphasizes values like transparency, fairness, and accountability. The …

IREDA get Navratna Status

Facts for Prelims (FFP)    Source: BS   Context: Recently, IREDA (Indian Renewable Energy Development Agency), the financing agency for Renewable projects in India, was conferred with ‘Navratna status’ by the Department of Public Enterprises (Ministry of Finance) IREDA is under the administrative control of the Ministry of New and Renewable Energy. It was established …

RBI’s Direction for Electronic Trading Platforms (ETPs)

Facts for Prelims (FFP)   Source: BS   Context: The RBI released a draft Master Direction for Electronic Trading Platforms (ETPs), seeking feedback from stakeholders by May 31.   What are ETPs? Electronic Trading Platforms (ETPs) are electronic systems that facilitate the trading of various financial instruments such as securities, money market instruments, foreign exchange …

Baseflow in Rivers

Facts for Prelims (FFP)   Source: DTE   Context: A recent study (on six major river basins: Narmada, Tapi, Mahanadi, Godavari, Krishna, and Cauvery) delving into heavy rainfall, baseflow, and river floods in Peninsular India sheds light on the factors driving flooding in the region. What is Baseflow? Baseflow refers to the sustained flow of …