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India Surpasses China in MSCI Emerging Markets Index [Current Affairs]
India has overtaken China in the Morgan Stanley Capital International (MSCI) Emerging Markets Investable Market Index (EM IMI) with a weightage of 22.27%, surpassing China’s 21.58%. This shift reflects India’s strong market performance and favorable macroeconomic conditions, contrasted with China’s economic challenges. Index Rebalancing In September 2024, India’s weight in the MSCI EM IMI increased,…
New Faces of Voter Inspiration for Persons with Disabilities [Current Affairs]
In a momentous event at Nirvachan Sadan, the Election Commission of India (ECI) celebrated the achievements of two remarkable Paralympic archers while simultaneously enlisting their support to inspire voters across the nation. Ms. Sheetal Devi and Shri Rakesh Kumar, fresh from their bronze medal victory in Archery at the Paris Summer Paralympics 2024, were honored…
Sandeep Poundrik Assumes Role as Secretary of the Ministry of Steel [Current Affairs]
Shri Sandeep Poundrik has officially taken over as the Secretary of the Ministry of Steel, succeeding in his role at Udyog Bhawan. A 1993-batch IAS officer from the Bihar cadre, Poundrik was welcomed by senior officials of the Ministry upon his appointment. Previous Roles and Experience Poundrik’s extensive background includes serving as Additional Chief Secretary…
International Day of the Victims of Enforced Disappearances 2024 [Current Affairs]
The International Day of the Victims of Enforced Disappearances, observed annually on August 30th, sheds light on a horrific practice that continues to plague societies worldwide. Enforced disappearances, a tool of oppression and terror, involve the arrest or abduction of individuals by state actors, followed by a refusal to acknowledge their whereabouts or fate. This…
Super Typhoon Yagi Hits Southeast Asia [Current Affairs]
Super Typhoon Yagi, the most powerful storm to hit Asia in over a decade, has caused significant disruption across Southeast Asia. After devastating the northern Philippines, the typhoon made landfall in southern China’s Hainan province, leading to mass evacuations and widespread damage. Yagi is expected to continue its path towards Vietnam and Laos, impacting northern…
Maharashtra Adopts Unified Pension Scheme Ahead of Assembly Polls [Current Affairs]
In a significant move ahead of the October 2024 Legislative Assembly election, Maharashtra has become the first state to adopt the Unified Pension Scheme (UPS) for its employees, just hours after the central government introduced the scheme. This decision is poised to benefit approximately 13.5 lakh state employees across various sectors, including recognized and grant-aided…