Why in the News? The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% while revising India’s real GDP growth forecast for 2026–27 upward to 6.7%. The decision reflects confidence in domestic economic resilience despite global uncertainties and inflationary pressures, influencing investment decisions across ETFs, index funds, and other passive investment…
Why in the News? Iran has announced that its agreement with Oman regarding the Strait of Hormuz is in the final drafting stage. If concluded, the pact could reopen the strategic maritime route, ease global energy market concerns, and significantly influence regional security and geopolitical stability, impacting investment decisions by institutional investors and fund managers…
Why in the News ? The Supreme Court has ruled that women in certain live-in relationships can invoke criminal protection against domestic cruelty under Section 85 of the Bharatiya Nyaya Sanhita (formerly Section 498A IPC), provided the relationship reflects an intent to marry. Supreme Court Expands Criminal Protection to Live-in Relationships : ● The Supreme…
Why in the News ? The Karnataka High Court recognised the Right to be Forgotten by directing online platforms and judicial record-keepers to mask the identity of an acquitted woman, reinforcing privacy, dignity, and the meaningful effect of judicial acquittal in the digital era. Karnataka High Court Strengthens Digital Privacy Rights: ● The Karnataka High…
Why in the News ? The Union Government has introduced the Taxation and Other Laws (Amendment) Bill, 2026 in the Lok Sabha to simplify tax provisions, attract foreign investment from institutional investors and asset managers, promote data centre growth, strengthen fund management, and support the Make in India initiative while addressing evolving investor preferences and…
Why in the News ? The Republic of Nauru has officially adopted the indigenous name Republic of Naoero to strengthen its cultural identity, preserve its endangered language, and distance itself from colonial-era nomenclature, reflecting a broader global trend of decolonisation and cultural revival. Why Nauru Changed Its Name to Naoero: ● The Republic of Nauru,…
Why in the News ? The Union Government has included heatwaves and lightning in the list of notified natural calamities under the State Disaster Response Fund (SDRF) and National Disaster Response Fund (NDRF) guidelines, enabling States to provide financial relief to affected people. Key Decision and Major Highlights: ● The Ministry of Home Affairs (MHA)…
Why in the News ? Parliament has passed the Registration of Births and Deaths (Amendment) Bill, 2026, introducing stricter provisions for delayed registration of births and deaths. The legislation was cleared amid Opposition protests over other issues, including demands for accountability on recent incidents. Key Provisions of the Registration of Births and Deaths (Amendment) Bill,…
The Internal Quality Assurance Cell (IQAC) of Universal School of Administration is organising an insightful workshop on “Financial Freedom” on 5 August 2026, from 12:30 p.m. to 1:00 p.m. at Seminar Hall–1. The session will be addressed by Mrs. Chandhini Pawar, Group President–HR, Kotak Group, and Col. P. V. Sudhir Narayana, President–Strategy & Operations, Kotak…
Why in News (40 words) The U.S. State of Michigan has reported the country’s first fatalities linked to the ongoing cyclosporiasis outbreak. Health authorities are investigating contaminated food sources as cases continue to rise across multiple states, highlighting concerns over food-borne diseases and public health surveillance. Cyclosporiasis Outbreak: Key Developments: ● Michigan has reported the…