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Rupee Turns Undervalued Amid Global Economic And Oil Volatility Why in the News ? The Indian rupee has depreciated sharply over the past 18 months, becoming undervalued according to the Real Effective Exchange Rate (REER). The trend reflects global oil price volatility, geopolitical tensions in West Asia, and changing trade competitiveness of the Indian economy. …
Read MoreINDIA’S REFUSAL TO UPHOLD A GLOBAL GIG WORK LAW Why in the News? On June 12, 2026, the International Labour Conference (ILC) in Geneva adopted ILO Convention No. 193: “Decent Work in the Platform Economy”, the first legally binding international treaty protecting the rights of platform (gig) workers. The Convention aims to establish minimum labour …
Read MoreIndia Reaffirms Global Leadership In Tiger Conservation Efforts Today Why in the News ? International Tiger Day is being observed on 29 July 2026 to promote tiger conservation and habitat protection. Prime Minister Narendra Modi and Union Minister Bhupendra Yadav reaffirmed India’s commitment, highlighting that the country now hosts nearly 70% of the world’s wild …
Read MoreIndia’s Formal Employment Shift for Inclusive Economic Transformation Syllabus: GS-2: Government Policies & Interventions GS-3: Employment, Growth & Development, Skill Development, Human Resource Why in the News ? The World Bank’s latest income classification has upgraded Vietnam, the Philippines, and Sri Lanka to the Upper Middle-Income category, while India continues to remain a Lower Middle-Income …
Read MoreTaliban Northern Alliance Diplomacy Syllabus GS 2: India and its neighbourhood Why in the News? Recently, Iran invited both Taliban leaders and Northern Alliance representatives during Ayatollah Ali Khamenei’s funeral, showing its balanced Afghanistan policy despite regional conflict and changing geopolitical realities that affect international investment funds and institutional investors monitoring regional stability. Introduction Iran’s …
Read MoreCBDT Strengthens Crypto Tax Reporting Through OECD Framework Alignment Why in the News ? The Central Board of Direct Taxes (CBDT) has issued a comprehensive Guidance Note on crypto-asset reporting, aligning India’s tax framework with the OECD’s Crypto-Asset Reporting Framework (CARF). The move aims to improve tax compliance, curb evasion, and enable automatic exchange of …
Read MoreWorld Hepatitis Day Promotes Global Action Against Viral Hepatitis Why in the News ? World Hepatitis Day is observed annually on 28 July to raise awareness about the prevention, diagnosis, and treatment of viral hepatitis. The 2026 theme, “Hepatitis: Let’s Break It Down,” focuses on eliminating financial, social, and healthcare barriers to achieve the WHO’s …
Read MoreIsrael’s Gaza Barrier Raises Humanitarian And Geopolitical Concerns Globally Why in the News ? Israel is constructing a 23-km earthen barrier across parts of the Gaza Strip, citing security concerns. The project has triggered international debate over its humanitarian impact, implications for Palestinian statehood, and compliance with International Humanitarian Law (IHL). Such geopolitical developments represent …
Read MoreIndia Achieves Historic Success At Glasgow Commonwealth Games 2026 Why in the News ? India recorded a landmark performance at the Glasgow Commonwealth Games 2026, with Sharmila Dhankar winning the country’s first-ever Commonwealth Games para-athletics gold medal. India also secured medals in high jump, weightlifting, and para shot put, taking its overall tally to 10 …
Read MoreWorld Nature Conservation Day Promotes Sustainable Environmental Protection Globally Why in the News ? World Nature Conservation Day is observed annually on 28 July to raise awareness about the conservation of natural resources, protection of biodiversity, and promotion of sustainable development. The day highlights the urgent need to address climate change, ecosystem degradation, and environmental …
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