Here are the most important current affairs for December 29, 2023. These headlines are important for your UPSC Civil Services and other competitive exams.

Current Affairs

29 Dec 2023

In a historic move, Guyana and Venezuela peacefully settle their long-standing conflict over the Essequibo region, averting potential military tensions.

1

Ambiguous rules on carry bags in India come to light as Lifestyle, a clothing brand, receives a hefty Rs 9,000 penalty for charging customers.

2

India's PM-KISAN program experienced a positive turnaround with the re-enrollment of 34 lakh farmers after a notable 20% drop.

3

Commerce Minister Piyush Goyal introduces a comprehensive handbook to enhance overseas shipments for Micro, Small, and Medium Enterprises (MSMEs) in the e-commerce sector.

4

India's Financial Intelligence Unit (FIU-IND) takes a firm stance by issuing legal notices to nine offshore cryptocurrency platforms violating domestic regulations.

5

The Central Board of Direct Taxes (CBDT) releases detailed guidelines to bring clarity on Section 194-O of the Income Tax Act, mandating a 1% Tax Deduction at Source (TDS) by e-commerce companies.

6

Researchers identify a previously confused iguana species in southern China and Vietnam, distinct from its close relative, marking a significant discovery.

7

Former European Commission President Jacques Delors passed away at the age of 98, leaving behind a legacy of leadership and service.

8

India's banking sector continues its positive trajectory, showing a decline in bad loans, profitable growth, and maintaining strong capital buffers.

9

Scientists achieve a milestone by successfully sequencing the mitochondrial DNA of the Brahmanakenda fish, found exclusively in Kerala's Periyar Tiger Reserve.

10

The Indian government approves significant initiatives, including the construction of a new Ganga river bridge in Bihar and raising minimum support prices for copra.

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Indian Prime Minister Narendra Modi is set to inaugurate the new Ayodhya Dham railway station on December 30th, marking a significant milestone in infrastructure development.

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