DAC clears proposals, worth around Rs 79,000 crore, to enhance the capability of the Armed Forces. 

• Acceptance of Necessity (AoN) has been granted for Nag Missile System Mk-II, High Mobility Vehicles (HMVs) with Material Handling Crane etc.

About DAC

• It is an overarching structure for strategic defence acquisition planning and oversight, ensuring coordinated decision-making across India's defence establishment.
• Chairman: Union Minister of Defence. 
• Functions
  • Gives approval to Capital acquisitions in the Long Term Perspective Plan.
  • Monitors the progress of major projects.
  • Grants acceptance of necessity for acquisition proposals.

Indian Air Force (IAF) Joins Exercise Ocean Sky 2025 in Spain. 

About Exercise Ocean Sky

• Overview:  It is a multinational air exercise hosted by the Spanish Air Force.
• Aim:  Enhance interoperability, sharpen air combat skills, and foster mutual learning among participating nations.
• Significance: This is the first time a non-NATO country is participating in this exercise highlighting growing India-Spain ties.

WTO credits India’s Duty-Free Tariff Preference (DFTP) scheme for boosting Least Developed Country (LDC) exports.

About Duty-Free Tariff Preference (DFTP) scheme

• The DFTP scheme was introduced in 2008 and provides duty-free or preferential tariff treatment for products imported from LDCs into India.
• The DFTP scheme aims to boost LDCs' economic growth, diversify exports, and strengthen trade relations etc.

India Re-elected as Vice-Chair of Bureau for the Asia-Pacific at the 10^th session of the CoP to the International Convention against Doping in Sport.

• Azerbaijan was elected Chairperson.

About International Convention against Doping in Sport

• Overview: It is a multilateral treaty by which States agree to adopt national and international measures to prevent and eliminate doping in sport.
• Genesis: Adopted by UNESCO in 2005 and entered into force in 2007.
• Aim: To harmonize anti-doping legislation, regulations and rules internationally to ensure a level playing field. 
• Parties:  192 (India is a signatory).

India’s outward remittances for overseas education fell to an eight-year low under the Liberalised Remittance Scheme (LRS).

About Liberalised Remittances Scheme

• Genesis: Introduced in 2004
• It intended to simplify and streamline the process of remitting funds outside India. 
• Benefit: All resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year for any permissible current or capital account transaction or a combination of both.
• There are no restrictions on the frequency of remittances under it.
• The Scheme is not available to corporates, partnership firms, Hindu Undivided Family (HUF), Trusts etc.

A recent study revealed that carabid beetles can serve as bioindicators to track soil microplastic pollution.

About Carabid beetles                                                                             

• Carabid beetles belong to the family Carabidae, commonly known as ground beetles.
• They are nocturnal predators, feeding on pests like slugs, caterpillars, and snails.
• Found in almost all terrestrial habitats across the world.