Daily Current Affairs  – 3 February 2023

In News Recently, the U.S. accused Russia of not complying with the New START treaty. New Start treaty About The New START treaty is formally known as the Measures for the Further Reduction and Limitation of Strategic Offensive Arms. The term ‘strategic offensive arms’ applies to nuclear warheads deployed by Strategic Nuclear Delivery Vehicles (‘SNDVs’). […]

In News Chief Justice of India (CJI) has recently reiterated that collegium takes into “consideration the seniority of Chief Justices and senior puisne judges while deciding on recommending judges. Key points:  “Puisne” is a French word meaning “later born” or “younger.”  The term is almost always used in the context of judges and denotes seniority […]

In News Paris Club is likely to give the IMF financial guarantees about the Sri Lankan debt. Key points: The Paris Club is an informal group of mostly western creditor countries. It grew from a 1956 meeting in Paris between Argentina and its public creditors. Its objective is to find sustainable debt-relief solutions for countries […]

In News Recently, the National Payments Corporation of India (NPCI) paved the way for NRIs to be able to transact using Unified Payments Interface (UPI). ‘Non-resident Indian’ (NRI) is a person resident outside India who is a citizen of India.  About The NPCI has listed 10 countries where non-resident account holders can make transactions through […]

In News The Opposition joined hands to demand a probe either by a Joint Parliamentary Committee (JPC), headed by the Supreme Court or monitored by the Chief Justice of India, into the allegations of fraud and stock manipulation against the Adani Group. About  Joint Parliamentary Committee (JPC) It is set up by the Parliament for […]

In News The public hearing on the proposed pen memorial for former Chief Minister M. Karunanidhi was marked by disruptions as groups supporting the construction of the monument created a ruckus while opposing views were presented on grounds of environmental damage and loss of livelihoods. Courtesy: Print  About Monument The Pen Memorial pays tribute to […]

In News  The Supreme Court rejected a petition to bar candidates from contesting from more than one constituency in the general or assembly elections. Why has SC rejected the Petition? SC called it a matter of “parliamentary sovereignty” and “political democracy”. The matter squarely falls within the “legislative domain” ( Contesting Elections from 2 Constituencies […]

In News The Jharkhand Governor has returned the Domicile Bill, which defines a ‘local’ in the state to the state government to “seriously review” its legality. About Domicile is a legal concept that links a person to a place with  which he has a personal connection or treats it as his permanent place.it is not […]

In News Recently the Ministry of Finance listed priorities for Green Growth in the Budget submission for 2022-2023. Key Takeaways: The Union ministry has listed a series of seven initiatives from green hydrogen to mangroves protection to green credit to replacement of polluting vehicles. These principles complement each other and act as the ‘Saptarishi’ guiding […]

In News Recently, The Finance Bill, 2023, unveiled by the Finance Minister has proposed to amend the Section of the Income Tax Act which might affect Start-Ups funding in India. More about the News About: The Finance Bill, 2023 has proposed to amend Section 56(2) VII B of the Income Tax Act. These new age […]