Current affairs

Household Savings, Concerns About Rising Household Debt

Context: India has seen a sharp decline in household net financial savings, raising concerns about economic growth and stability. This decrease coincides with a rise in household debt burden. What is Household Savings? Household savings is the money that households add...

4th Global Mass Coral Bleaching, Current Status and Global Impact

Context: The US National Oceanic and Atmospheric Administration (NOAA) reported that the fourth global mass coral bleaching event has been triggered by extraordinary ocean temperatures. What Are Coral and Coral Reefs? About Corals Corals are sessile animals that attach permanently...

Green Credit Programme, Key Focus Areas and Challenges

Context: The Union Environment Ministry has tweaked the norms of the Green Credit Programme (GCP) clarifying that primacy must be accorded to restoring ecosystems over merely tree planting. About Green Credit Programme The Green Credit Program, introduced on October 13,...

Heat Action Plans, Recommendations of HAPs

Context: The IMD has predicted an increase in the maximum temperature and the frequency of heatwave conditions in the forthcoming days over eastern and southern India, raising the question of India’s readiness to face this hazard. Heat Waves: An Overview...

Lok Sabha Election 2024, Starts Form 19 April in 7 Phases

India's national election 2024 started from April 19 to June 1, 2024. With seven phases over 44 days, 543 members of the 18th Lok Sabha will be elected. Incumbent Prime Minister Narendra Modi seeks a third term. Approximately 970 million...

Editorial of the day (18th Apr): Great Indian Bustard and Climate Action Verdict

Context: The recent Supreme Court judgment has recognized a fundamental right to be free from the adverse impacts of climate change. This landmark decision has drawn considerable attention, particularly regarding its implications for protecting the Great Indian Bustard. The Right:...

Expansion of Universe, Speed, Reasons, Impact

Context A recent study confirmed that two equally valid methods for measuring the universe's expansion rate yield different values, creating the "Hubble tension." Two methods to measure expansion: Cosmic microwave background (CMB) and The cosmic distance ladder, specifically observations of...

Current Affairs 18th April 2024 for UPSC Prelims Exam

India's Economic Growth Context: As per the recent UN Trade and Development (UNCTAD) Trade and Development Report Update, India grew by 6.7% in 2023 and is expected to grow by 6.5% in 2024. Overview of India's Economic Performance Growth Rate:...

Dubai Flood, Factors and Climate Change Implications

The recent heavy rainfall event in the United Arab Emirates (UAE), particularly in Dubai, marked a significant departure from the region's typical arid climate. On April 15, 2024, a severe thunderstorm brought unprecedented levels of rainfall, causing widespread disruption and...

IMF’s World Economic Outlook Report 2024 Highlights on Global Economy

Context: The International Monetary Fund (IMF) recently revised India's growth projection upwards to 6.8% for 2024, citing robust domestic demand conditions and a growing working-age population. India's Growth Projection as per IMF’s World Economic Outlook IMF's Revised Forecast: The IMF...