Why India, Russia blocked move to take climate change to UNSC?

GS Paper 3: Topics Covered: Conservation and Pollution related issues.   Context: India and Russia have blocked a proposal that would have allowed the UN Security Council to deliberate on climate-related issues.   What’s the issue? The draft resolution, piloted by Ireland and Niger, sought to create a formal space in the Security Council for …

Parker Solar Probe:

GS Paper 3: Topics Covered: Awareness in space.   Context: The Parker Solar Probe, launched by NASA, has become the first spacecraft to fly through the outer atmosphere of the Sun- ‘Corona’. The spacecraft flew through Corona and sampled magnetic fields and particles there.   Significance: The achievement would help scientists discover critical information about …

RBI introduces prompt corrective action framework for NBFCs:

GS Paper 3: Topics Covered: Inclusive growth and issues arising out of it.   Context: The Reserve Bank of India (RBI) has introduced the prompt corrective action (PCA) framework for non-banking financial companies (NBFCs). The PCA framework for NBFCs will come into effect on October 1,2022 on the basis of their financial position on or …

RBI allows Payments Banks, SFBs to conduct Govt agency business:

GS Paper 2: Topics Covered: Government policies and issues arising out of it.   Context: RBI allows Payments Banks, Small Finance Banks to conduct Govt agency business. It will be subject to the condition that the concerned bank is not under the Prompt Corrective Action (PCA) framework or moratorium.   Power of accrediting an agency …

Durga Puja inscribed on UNESCO’s ‘Intangible Cultural Heritage’ list:

GS Paper 1: Topics Covered: Indian art and culture.   Durga Puja inscribed on UNESCO’s ‘Intangible Cultural Heritage’ list: Context: The Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage has inscribed ‘Durga Puja in Kolkata’ on the Representative List of the Intangible Cultural Heritage of Humanity. In total, 14 Intangible Cultural Heritage elements …