Daily Current Affairs

Global climate and energy leaders, meeting at an IEA-hosted summit in Paris, have declared that the ongoing West Asia war and the resultant spike in oil prices to $126 per barrel have made the transition to clean energy an urgent economic and security necessity. Key Points India’s Clean Energy Transition The 50% Landmark: In June

The U.S. government has reportedly blocked Anthropic’s plan to expand access to its “Mythos” AI model to 120 companies, citing national security risks and concerns over limited computing power. Key Points Issue related to Public Release AI Sovereignty Pillars of AI Sovereignty To achieve true sovereignty, a nation must manage a complex “AI stack.” A

The Election Commission of India (ECI) has launched a QR code-based photo identity card system to secure counting centres, starting with the May 4, 2026, counting for five State/UT Assembly elections and several byelections. Key Points Explanation of Relevant Terms 1. Returning Officer (RO) An officer designated by the Election Commission for every constituency. The

Data from the National Securities Depositories Ltd. (NSDL) reveals that foreign investors offloaded ₹60,847 crore from Indian equities in April 2026, continuing a persistent two-year trend of capital outflow. Key Points Explanation of Relevant Terms 1. FPI (Foreign Portfolio Investment) FPI refers to the investment by non-residents in Indian financial assets, such as shares, bonds,

On Persian Gulf Day (May 2026), Iran’s Supreme Leader Mojtaba Khamenei announced plans for “new management” of the Strait of Hormuz. This follows a U.S. naval blockade aimed at forcing a new nuclear deal, leading to a “maritime battle of wills” that has pushed global oil prices to a four-year high of $126 per barrel.

The surge in demand for Huawei’s Ascend 950 AI chips following the release of DeepSeek V4 marks a pivotal moment in the global semiconductor race. This development highlights China’s accelerating transition toward domestic self-reliance in the face of U.S. export restrictions. For the first time, a major AI model has been specifically optimized to run