The Supreme Court pointed out that both the state and national consumer commissions misinterpreted the legal doctrine known as the “eggshell skull” rule. What is the ‘Eggshell Skull’ Rule? The doctrine gets its name from the metaphor that a person who causes harm is fully liable even if the victim …

Overview: Massive forest fires are currently affecting various parts of Uttarakhand, with nearly 100 hectares of woodland already burned. These fires have been intensified by a prolonged heatwave and extremely dry conditions. In certain affected zones, helicopters equipped with Bambi buckets—a specialized aerial firefighting device—have been deployed to deliver water …

Context: The Confederation of Indian Industry (CII) has recently introduced a corporate governance charter designed specifically for startups. This charter includes a self-evaluation scorecard to monitor governance progress. What is Corporate Governance? Corporate governance encompasses a set of principles and practices that steer an organization’s development. It focuses on values …

Context: The RBI has unveiled a draft Master Direction for Electronic Trading Platforms (ETPs) and is inviting feedback from stakeholders until May 31. What are ETPs? Electronic Trading Platforms (ETPs) are digital systems that enable the buying and selling of various financial instruments, including securities, money market instruments, foreign exchange …

Context: A recent research study focused on six major river basins—Narmada, Tapi, Mahanadi, Godavari, Krishna, and Cauvery—examines the impact of heavy rainfall, baseflow, and river floods in Peninsular India, highlighting the factors contributing to regional flooding. What is Baseflow? Baseflow is the continuous flow of water in a river channel …