Daily Current Affairs  – 26 October 2022

In News Recently, the Union Railway Minister and Maharashtra’s Deputy Chief Minister signed a ‘definitive agreement’ for handing over 47.5 acres of Railway land in Dadar for the Dharavi Redevelopment Project. About the project   Plan to re-build Asia’s largest slum cluster:  This is the fourth time in the last 18 years that the Maharashtra government […]

In News Recently, a plant spotted in Palakkad is the second species of the genus Allmania. It is an annual herb that grows to a height of about 60 cm. About Allmania Multiflora Background: The first species, Allmania nodiflora, was originally published under the genus Celosia as Celosia nodiflora in 1753.  Specimens found in Ceylon […]

In News Recently, the Indian Space Research Organisation’s (ISRO) heaviest rocket Launch Vehicle Mark 3 (LVM3 or GSLV Mark 3) has successfully orbited 36 satellites of U.K.-based One Web.  The launch is also the first for LVM3-M2 to place the satellites in the Low Earth Orbit (up to 1,200 km above the earth) unlike Geosynchronous […]

In News In Russia’s latest advocacy campaign over its invasion of Ukraine, It has focused on accusations that Ukraine might be planning to use a so-called “Dirty bomb”. What are Dirty Bombs? It is also known as a “Radiological dispersion device”.  It is a weapon that combines conventional explosives like dynamite and radioactive material such […]

In News The United States (US) is considering retrieving older HAWK air defence equipment from storage to send to Ukraine. The HAWK interceptor missiles would be an upgrade to the Stinger missile system, which is a smaller, shorter-range air defence system.  HAWK HAWK, short for ‘Homing All the Way Killer’,  It entered service with the […]

In Context Recently, Financial Action Task Force (FATF), the global watchdog on terror financing and money laundering removed Pakistan from its grey list. Pakistan has been on the FATF grey list continuously since June 2018. About FATF decided by consensus that Pakistan has completed all substantial, technical and procedural requirements of both the 2018 and […]

In News Recent Lancet Report stated that over 3,30,000 people died in India due to exposure to particulate matter from fossil fuel combustion in 2020.   Image Courtesy: WHO  Key Findings About:  The Report is named Countdown on health and climate change: health at the mercy of fossil fuels It is the seventh annual global […]

In News Recently, the Indian-origin and country’s former Chancellor Rishi Sunak has been elected as the next Prime Minister in the UK.  He is also the UK’s first prime minister of Indian origin.  About the current crisis in UK  Britain is facing a triple whammy of: Slowing growth High inflation triggered by spiralling energy prices […]

In News Recently the world celebrated the annual commemorative day celebrating the 77 years since the creation of the United Nations. More about the news During the event External Affairs Minister said that India will always stand with the Global South and seek to strengthen the U.N.’s effectiveness. He also stated that India’s ongoing tenure […]

In News The Reserve Bank of India (RBI) has recently placed Dhanlaxmi Bank under tight monitoring due to falling Capital Adequacy Ratio.    About the current issue  It is a Thrissur-based private bank.  The RBI’s move comes in the wake of the intense court battle waged by a group of minority shareholders against the bank’s management […]