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A vital component of contemporary life is remaining informed on what is going on in the world at the present time. Information sources such as indexes to individual newspapers and an excessive number of newspapers, news summaries, and summaries of television and radio broadcasts are referred to as sources of current events. These types of information sources help both enquiries and reference staff in locating and knowing about recent developments easily and without wasting any time. Each and every one of the modem libraries has a subscription to these services and makes considerable use of them when responding to reference requests. The current number of these sources is insufficient, and library professionals, organizations, and publishers need to pay greater attention to this issue. Finding current content that is relevant to recent happenings is the most time-consuming duty that any reference department has to provide. The correct sources for knowledge on current events are newspapers published daily, weekly news magazines, radio broadcasts, and television broadcasts. After some time has passed, however, it becomes difficult to recall information due to the structure of the documents, the large number of documents, and the diversity of information they include. When a someone strives to be exhaustive and cover all recent events, it becomes more difficult to preserve their collection of newspaper clippings. When it comes to searching for and locating information on current events, having access to newspaper indexing services, news diaries, summaries of broadcasts and telecasts, and other similar resources may be quite helpful. In particular, news summaries are highly helpful for providing information that is succinct and truthful. They were reliable enough that one did not need to depend on other sources, such as newspapers. The approach of collection of indexes that is used by the majority of these bibliographical tools is a blessing for reference work and saves the time of readers and reference staff who are searching for information on current events. These materials are distributed in a manner similar to loose leaf paper. The pages are numbered in a sequential fashion for each year, and subscribers are given a high-quality binder to use in organizing the weekly and fortnightly sheets in the correct sequence. All of this helps make it easier to locate information that is up to date. When it comes to the drawbacks of these indexing services, one may point to the fact that there are not enough of these services available. The significant amount of time that passes between the publishing of news items in daily and their availability in these reference tools is one of the main obstacles that prevents efficient service from being provided. “A web search cannot currently be conducted using any of these sources, with the exception of the index to the New York Times. Keeping a record of the events that happen throughout the globe is now also accessible on CD-ROM “. Because of this, it is essential for every librarian to compile an index of events that are associated with his parent institution or the field of study that the institution is engaged in.