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SYLLABUS: GS 3: Conservation, environmental pollution and degradation, environmental impact assessment. Focus: Global leaders will gather in Canada’s capital -Ottawa – to discuss progress in drafting a first-ever global treaty to rein in soaring plastic pollution by the end of the year. This treaty is expected to be finalized by the end of this year. …
Read MoreSyllabus: GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources. Effects of Liberalization on the Economy. Why in the News? The Reserve Bank of India (RBI) is unlikely to lower interest rates before October due to persistent high inflation, despite strong economic growth. The RBI’s focus remains on achieving its medium-term inflation …
Read MoreWhy in the news? RBI proposes a platform for network-level intelligence and real-time data sharing to curb digital payment frauds. RBI plans to include recurring payments like Fastag and National Common Mobility Card (NCMC) in the e-mandate framework. To promote quick small-value payments through an on-device wallet, RBI proposes bringing UPI Lite under the e-mandate …
Read MoreWhy in the news? NHAI seeks proposals for implementing a satellite-based electronic toll collection system. Winning entity to develop geo-referenced map and toll charging software for Global Navigation Satellite System (GNSS). Plan includes integrating the GNSS-based system with existing RFID-based Fastags. source:scribd About “National Highways Authority of India.”: Role: Develops, maintains, and manages National Highways. …
Read MoreWhy in the news? About 200 civilians, mainly Meitei and some Kuki-Zo, were evacuated from Jiribam district, Manipur. Evacuations followed the discovery of a missing Meitei man’s body, leading to unrest. Jiribam District Magistrate imposed Section 144 at the request of the Superintendent of Police. source:wordpress About Ethnic Composition In Manipur: Imphal Valley: Represents about …
Read MoreWhy in the news? Households in both rural and urban areas spent the most on beverages, refreshments, and processed food in 2022-23. Food accounted for 39% of average monthly per capita consumption expenditure (MPCE). About Household Consumption Expenditure Survey: Conducted by:National Statistical Office (NSO) every five years. Purpose: Estimates household Monthly Per Capita Consumption Expenditure …
Read MoreWhy in the news? TCS introduces AI WisdomNext platform under AL.Cloud unit, aiming to expedite adoption of GenAI technologies like large language models, providing customizable solutions across various industries. TCS merges AI and cloud businesses, offering integrated solutions to clients, emphasizing augmentation of human capabilities rather than replacement, amid the rise of GenAI projects since …
Read MoreWhy in the news? Health experts warn of the potential spread of the H5N1 avian flu virus during the Haj pilgrimage and Eid-ul-Adha celebrations, involving the sacrifice of millions of animals. Concerns raised about the risk of transmission from animals to humans, particularly in community settings worldwide. source:cdc About Hajj Pilgrimage and Eid-ul-Adha celebrations: Eid-ul-Adha: …
Read MoreWhy in the news? Indian airports are projected to achieve a significant 35% growth in pre-tax profit for FY25, reaching ₹10,370 crore, attributed to robust demand for air travel and government investments in infrastructure. With a forecasted 14.8% revenue growth, driven by domestic and international travel, India aims to become a major global aviation hub, …
Read MoreWhy in the news? Pakistan and China vowed to protect the China-Pakistan Economic Corridor (CPEC) from detractors, focusing on timely completion of projects, especially in Gwadar. Prime Minister Sharif assured security for Chinese personnel, aiming to transform Gwadar into a regional economic hub and enhance cooperation in various sectors. source:worldatlas About Gwadar Port: Location: Gwadar …
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