Why in News?
The Lieutenant Governor of Delhi, recently issued directions requiring revamping of the forest area around the Malcha Mahal.
About Malcha Mahal:-
Feroz Shah Tughlaq
Salient Features of his rule:-
Source: Indian Express
Why in News?
The recent reports on the southwest monsoon in India have sparked concerns about the impact of climate change on weather patterns. The adverse consequences of extreme weather events, such as floods, droughts, and crop damage, highlight the urgent need to address the climate crisis. The World Meteorological Organisation’s alarming report on global temperatures crossing the 1.5 degrees Celsius mark underscores the severity of the climate emergency.
Source: The Hindu
Why in News?
Canada’s government has announced it will halt its work at the China-led Asian Infrastructure Investment Bank (AIIB).
Asian Infrastructure Investment Bank (AIIB) | |
Established | Multilateral development bank established in 2016. |
Headquarters | Located in Beijing, China. |
Founding Members | 57 countries that initiated the establishment of the AIIB. India is a founding member. |
Current Membership | Over 100 countries have joined the AIIB since its inception. |
Capital | Total capital of $100 billion for financing infrastructure projects. |
Largest Shareholder | China holds the largest voting power and financial contribution. India holds the second-largest voting power within the AIIB, providing influence in decision-making processes. |
Focus Areas | Provides funding for diverse sectors including transportation, energy, telecommunications, urban development, and rural infrastructure. |
Collaboration | Partners with other multilateral development banks for co-financing projects and enhancing development outcomes. |
Environmental & Social Standards | Adheres to environmental and social standards in project selection and implementation. Promotes sustainability and inclusiveness. |
Notable Projects | Supports significant infrastructure projects such as Chennai Metro Rail and Assam’s road network. |
Source: PIB
Why in News?
The Nova Kakhovka dam in Ukraine collapsed recently.
About Nova Kakhovka dam:-
Significance
Source: AIR
Why in News?
Indian Navy's state-of-the-art submarine, INS 'Vagir', is all set to embark on an operational visit to Colombo from June 19 to June 22.
About INS Vagir:
Source: AIR
Why in News?
Recently, a study carried out by over 150 researchers said that Reef sharks are disappearing — with the five most common species experiencing a decline of up to 73 per cent.
About Reef Sharks:
Source: The Print
Why in News?
Source: The Hindu
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