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#CurrentAffair #Sciencetech What is BioPharmaNext? 1)Flagship mission to make India a global hub for next-generation medicines by 2035. 2)Focuses on advanced biologics: gene therapies, cell therapies, monoclonal antibodies, long-acting biologics and AI-designed medicines. 3)Builds on India’s strength in affordable vaccines and biosimilars. Key Backing 1)Supported by ₹10,000-crore Biopharma SHAKTI programme (Union Budget 2026-27). 2)Led by: Department of Biotechnology (DBT), Department of Pharmaceuticals (DoP), MoHFW and CDSCO.

https://www.pib.gov.in/PressNoteDetails.aspx?NoteId=153203&ModuleId=3&reg=3&lang=1 Good article one can go through

#CurrentAffair #Economy What is M1Xchange? 1)One of the three licensed TReDS platforms in India (others: RXIL, Invoicemart). 2)Promoted by a consortium including NSE, SIDBI, and others. 3)Focuses exclusively on MSME invoice financing. Key Role of M1Xchange 1)Provides easy, digital platform for MSMEs to discount invoices. 2)Helps reduce dependence on high-interest loans. 3)Supports government’s push for timely payments to MSMEs.

#CurrentAffair #Economy What is TReDS? 1)Trade Receivables Discounting System (TReDS). 2)RBI-regulated digital platform for invoice discounting. 3)Allows Micro, Small & Medium Enterprises (MSMEs) to sell their invoices (receivables) at a discount to get immediate cash. 4)Helps solve the problem of delayed payments from buyers (government or large companies). How TReDS Works 1)MSME supplies goods/services and raises invoice. Uploads invoice on TReDS platform. 2)Banks / NBFCs bid to buy (discount) the invoice. 3)MSME gets money quickly (usually within 1-2 days). 4)Buyer pays the full amount on due date to the financier.

#CurrentAffair #Security Where is Sabang Port? Sabang Port is located on Weh Island in Indonesia's Aceh province, at the northern tip of Sumatra. Its biggest advantage is its proximity to the Strait of Malacca, one of the world's most critical maritime chokepoints. The port is also only around 160 kilometres from India's upcoming international transshipment terminal at Great Nicobar Island. Together, the two locations could create a strategic maritime corridor connecting the eastern Indian Ocean with Southeast Asia.

#CurrentAffair #Sciencetech Syngas (synthesis gas) 1)It is a versatile, combustible mixture primarily of hydrogen and carbon monoxide. 2)Its actionable uses include acting as a building block for industrial chemicals (like ammonia and methanol), generating electricity, and powering the production of synthetic liquid fuels such as sustainable aviation fuel (SAF) and renewable diesel

#CurrentAffair #Security The Assam Rifles(MHA) It formed in 1835, is India's oldest paramilitary force. It is primarily responsible for guarding the Indo-Myanmar border and conducting counter-insurgency operations in Northeast India. A violent mob attacked an Assam Rifles company operating base in Manipur's Senapati district. The unrest sparked after the Assam Rifles launched area-domination patrols near an NSCN-IM camp to probe violations of the Ceasefire Ground Rules. The Border Security Force (BSF), established in 1965, serves as India's primary border guarding organization. It is mainly tasked with securing India's international land borders with Pakistan and Bangladesh. The BSF is an entirely central force responsible for maintaining transnational border security, preventing trans-border crimes, and ensuring the sanctity of the borders For the first time, the Union Ministry of Home Affairs is executing a project to fence a 90-kilometre stretch of the marshy Sundarbans along the India-Bangladesh border in West Bengal

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#CurrentAffair #Polity UMANG PORTAL The UMANG Portal (Unified Mobile Application for New-age Governance) is a single, unified digital platform developed by the Ministry of Electronics and Information Technology (MeitY) and the National e-Governance Division (NeGD) to provide Indian citizens with one-stop access to over 2,400 central, state, and local government services.

#CurrentAffair #Security What is Sea Vigil-24? The exercise is led by the Indian Navy, with participation from the Army, Air Force, Coast Guard,Forest Departments of States, District Administrations, Port authorities, Nuclear Power plant authorities, Central Industrial Security Force, Fisheries Departments, Marine Police, and Customsare among the departments and organizations taking part in the eexercise. It Involves the entire 7,500+ km coastline and 2.4 million sq km Exclusive Economic Zone (EEZ). Objectives 1)Test and validate India’s coastal defence mechanism. 2)Identify weaknesses and improve coordination. 3)Ensure quick response during crises. 4)Strengthen overall maritime security

#CurrentAffair #Security Pinaka 1)The Pinaka is an indigenous, high-precision multi-barrel rocket launcher (MBRL) system designed by the Defence Research and Development Organisation (DRDO) to saturate broad areas with heavy firepower. 2)Mounted on high-mobility Tatra trucks, it can discharge a salvo of 12 high-explosive rockets in just 44 seconds

#CurrentAffair #Security What is PRAHAAR? 1)Prevention, Response, Aggregation, Human Rights, Attenuation, Alignment, Recovery. 2)Launched by the Ministry of Home Affairs. 3)It is India’s comprehensive national policy and strategy to counter terrorism. Core Objectives 1)Adopt a proactive and zero-tolerance approach against terrorism. 2)Protect Indian citizens and national interests from terror threats. 3)Ensure swift, proportionate, and effective responses to attacks. 4)Build synergy through a whole-of-government approach. 5)Respect human rights and rule of law while fighting terrorism. The policy takes shape against a backdrop of sponsored cross-border terrorism, hybrid warfare, encrypted digital communication, drone-based logistics, and the convergence of organised crime with extremist violence.

#CurrentAffair #Security US-Iran Strikes Resume What Happened? 1)On 8 July 2026, the US launched strikes on over 80 targets in Iran. 2)This was in response to Iran attacking three commercial tankers in the Strait of Hormuz. 3)Iran responded by striking US military sites in Bahrain and Kuwait. 4)Both sides accused each other of violating the June Memorandum of Understanding (MoU) that had paused the war. Why Did the Strikes Resume? 1)Iran attacked ships in the Strait of Hormuz, claiming they ignored warnings. 2)The US said it was retaliating to protect international shipping and accused Iran of violating the ceasefire agreement. 3)President Trump called the MoU “over” and described Iran’s leadership as “scum”, raising fears of full-scale war.

#CurrentAffair #Sciencetech Vikram-1 1)Vikram-1 is India’s first privately developed orbital-class rocket. 2)Developed by Hyderabad-based start-up Skyroot Aerospace 3)First time a private company is launching from ISRO’s historic first launchpad (usually used for PSLV). Key Features of Vikram-1 1)7-storey tall multi-stage rocket. 2)Payload capacity: Up to 350 kg to Low Earth Orbit (LEO). 3)Smaller than ISRO’s PSLV or GSLV — designed specifically for small satellites. 4)Mission duration: Around 20 minutes.

#CurrentAffair #Sciencetech Mission Drishti 1)Mission Drishti is India’s first privately-built satellite launched by start-up GalaxEye (Bengaluru). 2)Launched on 3 May 2026 aboard a SpaceX Falcon 9 rocket from California. 3)It is the world’s first operational OptoSAR satellite — combining Optical and Synthetic Aperture Radar (SAR) imaging in one platform. 4)Weight: 190 kg (largest satellite built by an Indian private company so far). Key Features & Technology 1)OptoSAR Technology: Merges optical (clear images) and SAR (all-weather, day-night imaging) capabilities. 2)Can see through clouds, fog, and darkness — providing persistent, all-weather surveillance. 3)Dual-use satellite: Useful for both defence and civilian applications.

#CurrentAffair #Economy Record FPI FPI investment under general limit debt securities, which contains both corporate bonds and government securities, came in at ₹55,518 crore in June 2026 In early June 2026, the Government of India waived Long-Term Capital Gains (LTCG) tax on foreign investment in bonds. The RBI and the Centre further expanded the Fully Accessible Route (FAR) to include new long-term Government Securities with 15-year, 30-year, and 40-year tenors, as well as Sovereign Green Bonds

#CurrentAffair Unlawful Activities Prevention Act (UAPA), 1967 On July 4, 2026 the Union Ministry of Home Affairs (MHA) designated 23 individuals as “terrorists” under the Unlawful Activities Prevention Act (UAPA), 1967.

#Economy Lorenz Curve The Lorenz Curve is a graphical representation used to show the distribution of income or wealth within a population. It compares the cumulative percentage of population (from poorest to richest) with the cumulative percentage of income or wealth they receive. India is not only the world’s fourth largest economy; it is also one of the most equal societies today. According to the World Bank, India’s Gini Index stands at 25.5, making it the fourth most equal country in the world, after the Slovak Republic, Slovenia and Belarus. This is a remarkable achievement for a country of its size and diversity. It reflects how India’s economic progress is being shared more evenly across its population.