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International
India’s UNESCO Executive Board Re-election
India has been re-elected to the UNESCO Executive Board for 2025–2029. This position highlights India’s role in advancing education, culture, science, and communication through global cooperation and reflects international confidence in India’s commitment to inclusive development.
Finance & Governance
SEBI Ethics Committee
The SEBI High-Level Committee chaired by Pratyush Sinha (former Chief Vigilance Commissioner) was formed to strengthen transparency and ethical standards. It addresses conflict-of-interest concerns and recommends reforms on asset-liability disclosures and ethics.
Education & Records
ICAI’s Guinness World Record
The Institute of Chartered Accountants of India (ICAI) set a Guinness World Record for the largest single-day career guidance session in Mumbai. Part of the CAFY 4.0 initiative, the event attracted over 6,000 students officially counted.
Business & Innovation
GIFT City as IPR Hub
GIFT City in Gujarat is being positioned as a major centre for Intellectual Property Rights (IPR), inspired by jurisdictions like Guernsey. The goal is to attract businesses to register and hold their IP within India, reducing outflow to foreign jurisdictions.
Democracy & Elections
CEC’s International Role
Gyanesh Kumar, Chief Election Commissioner of India, will chair the International Institute for Democracy and Electoral Assistance (IIDEA). He will preside over Council meetings and share India’s electoral best practices with Electoral Management Bodies worldwide.
Business & Investments
Piyush Gupta at Temasek India
Piyush Gupta, former CEO of DBS, has been appointed Chairman of Temasek India. He will work with Temasek’s India team on investment strategies and support portfolio companies in identifying new opportunities in the Indian market.
International Organizations
Paschal Donohoe at World Bank
Paschal Donohoe has been appointed Managing Director and Chief Knowledge Officer of the World Bank Group. His responsibilities include strategic engagement with governments, civil society, foundations, and private-sector stakeholders, leveraging his experience as Ireland’s former Finance Minister.
Defence
INS Taragiri Stealth Frigate
INS Taragiri is an indigenous Nilgiri-class (Project 17A) advanced stealth frigate delivered to the Indian Navy by Mazagon Dock Shipbuilders Limited. It’s a versatile multi-mission platform with advanced stealth, automation, and survivability features.
Technology & Startups
Google-Accel AI Cohort
The 2026 AI Cohort under Accel’s Atoms programme, partnering with Google, will co-invest up to US$2 million in early-stage Indian AI startups. Selected startups gain access to Google Cloud, Gemini, and DeepMind resources.
Health & Awareness
World AIDS Day 2025 Theme
World AIDS Day 2025 was observed with the theme “Overcoming disruption, transforming the AIDS response.” The theme emphasizes the need to adapt and strengthen global HIV/AIDS strategies despite disruptions, focusing on prevention, treatment, and support.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
For which term was India re-elected to UNESCO Executive Board?
2025–2029
Focuses on education, culture, science, communication
Tap to Reveal
Who chaired SEBI’s High-Level Committee on ethics?
Pratyush Sinha
Former Chief Vigilance Commissioner
Tap to Reveal
What Guinness World Record did ICAI achieve?
Largest single-day career guidance session
Over 6,000 students in Mumbai
Tap to Reveal
What is GIFT City’s new strategic focus?
Intellectual Property Rights (IPR) hub
Inspired by jurisdictions like Guernsey
Tap to Reveal
Which organization will CEC Gyanesh Kumar chair?
IIDEA (International Institute for Democracy and Electoral Assistance)
Will share India’s electoral best practices
Tap to Reveal
What is Piyush Gupta’s new role?
Chairman of Temasek India
Former CEO of DBS Bank
Tap to Reveal
What type of naval vessel is INS Taragiri?
Nilgiri-class stealth frigate (Project 17A)
Built by Mazagon Dock Shipbuilders
Tap to Reveal
What was the World AIDS Day 2025 theme?
Overcoming disruption, transforming the AIDS response
Focuses on resilience and transformation
Think & Discuss
Intellectual Property Hubs: Strategic Asset or Race to the Bottom?
Context from today’s quiz: GIFT City in Gujarat is being developed as a major centre for Intellectual Property Rights (IPR), inspired by jurisdictions like Guernsey. The goal is to attract both Indian and foreign businesses to register and hold their IP within India, thereby reducing the outflow of Indian-owned IP to foreign jurisdictions.
🤔 Your Perspective Matters
Specialized IP jurisdictions offer attractive regulatory frameworks, tax advantages, and streamlined processes for intellectual property registration and management. Countries like Singapore, Ireland, and small jurisdictions like Guernsey have successfully positioned themselves as IP hubs, attracting billions in IP-related investments. However, critics argue that such hubs can facilitate tax avoidance, create regulatory arbitrage, and may not generate substantial innovation or employment beyond legal and administrative services.
Should India develop GIFT City as an IP hub to compete globally, or does this approach risk creating a low-regulation enclave that primarily benefits legal and financial intermediaries rather than genuine innovation and development?
Should India develop GIFT City as an IP hub to compete globally, or does this approach risk creating a low-regulation enclave that primarily benefits legal and financial intermediaries rather than genuine innovation and development?
- How can India ensure that an IP hub generates real economic value—through innovation, R&D, and job creation—rather than just paper transactions and tax optimization?
- What safeguards are needed to prevent IP hubs from becoming vehicles for profit-shifting and tax base erosion while still remaining competitive with international jurisdictions?
- Should developing economies like India prioritize building IP hubs, or focus resources on strengthening domestic IP creation, enforcement, and commercialization capabilities first?
We’d love to hear your thoughts! Share your perspective in the comments.
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