Daily Current Affairs  – 11 January 2023

In News The Parshuram Kund Festival is to be held in Arunachal Pradesh from the 12th to the 16th of January. About Parshuram Kund Festival Parshuram Kund is a Hindu pilgrimage center situated at Telu Shati/Tailung area of the Mishmi plateau in the lower reaches of the Lohit River in Arunachal Pradesh.  The hills district […]

In News Recently, the United States Food and Drug Administration (USFDA) has granted fast-track approval to an Alzheimer’s medicine, Lecanemab. The drug is marketed as Leqembi. It is the second such monoclonal antibody to receive an approval from the regulator. Alzheimer Disease About: It is a progressive neurologic disorder that causes the brain to shrink […]

In News India successfully carried out a test launch of tactical ballistic missile Prithvi-II from a test range off the Odisha coast. About Prithvi-II Missile Prithvi-II is an indigenously developed Surface-to-Surface Missile Short-Range Ballistic Missile (SRBM).  It was developed by the Defence Research and Development Organisation (DRDO) under the Integrated Guided Missile Development Program (IGMDP). […]

In News According to a recent report published by The Economist, Starlink has become an essential part of Ukraine’s bid to fight the Russian invasion. More about the news SpaceX’s Starlink is helping Ukraine in the fight against Russia by providing thousands of Starlink satellite internet devices to Ukraine without any charge. It also emerged […]

In News According to a recent study by Agharkar Research Institute (ARI), Pune, a protein found in the backbone of zebrafish can have potential therapeutic implications. More about the news Discs degeneration issues in humans: In humans, discs degenerate naturally, leading to many related health concerns, including low back, neck, and appendage pain.  Currently, only […]

In News Recently, the majority ruling of the Supreme Court upheld the validity of the delegated legislation in the Centre’s 2016 decision on demonetisation. Delegated Legislation Parliament routinely delegates certain functions to authorities established by law since every aspect cannot be dealt with directly by the lawmakers themselves. This delegation of powers is noted in […]

In News The RBI launched a limited test of the retail digital rupee for specific use cases on November 1, 2022. Key Points The pilot Project covers select locations in a closed user group (CUG) comprising about 15,000 customers and merchants across the country.  Image Courtesy: IE  The pilot will later be extended to Ahmedabad, […]

In News A recent scientific assessment has suggested that the ozone hole is now expected to be completely repaired by 2066. Key Findings Recovery period:  The ozone layer over Antarctica, where the hole is the most prominent, will take a long time to heal completely.  If current policies continued to be implemented, the ozone layer […]

Context According to Solvent Extractor’s Association (SEA) of India, a sharp rise in the import of refined, bleached and deodorized (RBD) palm oil is hurting the domestic oil refining industry. Reasons for the rise in imports of RBD palm oil Import duty difference of only 7.5% between CPO (crude palm oil) and refined oil, encouraging […]

In News Recently a study by the United Nations University Institute on Water, Environment and Health (UNU-INWEH), also known as the UN’s think tank on water was released. Study highlights Global status: Potential reduction in storage:  The study shows that 6,316 billion cubic metre of initial global storage in 47,403 large dams in 150 countries […]