Why in NEWS The Securities and Exchange Board of India (SEBI) has approved the launch of electricity derivatives on the Multi Commodity Exchange (MCX) to improve power price risk management, support renewable energy integration, and deepen short-term power markets. Key Terms/Concepts Term Simple Explanation Electricity Derivatives Financial contracts that allow trading in future electricity prices […]
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Why in NEWS On World Crocodile Day (June 17), India commemorated 50 years of its Crocodile Conservation Project (CCP) (1975–2025), with Odisha at the forefront, hosting all three native crocodilian species in the wild. Key Terms/Concepts Term Simple Explanation Crocodile Conservation Project (CCP) A 1975 initiative to protect India’s crocodiles via captive breeding, habitat protection […]
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Why in NEWS India’s Prime Minister visited Cyprus — the first by an Indian PM in 23 years — to deepen ties in energy security, counterterrorism cooperation, and India–EU strategic alignment. Key Terms/Concepts Term Simple Explanation Bilateral Relations Diplomatic ties and cooperation between two countries Energy Security Ensuring a reliable and affordable supply of energy […]
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Why in NEWS? India is considering amending the Civil Liability for Nuclear Damage Act (CLNDA), 2010 to reduce accident-related penalties on nuclear equipment suppliers.This move aims to revive stalled nuclear power projects and attract foreign investments, particularly from countries like the United States and France, in order to meet India’s clean energy goals. Key Terms/Concepts […]
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Why in NEWS The 3rd UN Ocean Conference (UNOC3) in Nice, France adopted the declaration “Our Ocean, Our Future: United for Urgent Action”, reinforcing commitments to SDG 14: Life Below Water and addressing the Triple Planetary Crisis — climate change, biodiversity loss, and pollution. Key Terms/Concepts Term Simple Explanation SDG 14 UN goal to conserve […]
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