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26Sep 2024

How swps can help retires beat inflation, manage risks

Syllabus: GS 3: Indian Economy and Issues Investments and effects on Growth. Focus: The Systematic Withdrawal Plan (SWP) is gaining attention as a flexible investment tool for retirees to manage inflation, generate regular income, and minimize risks, offering a tax-efficient alternative to traditional fixed deposits. Overview of Systematic Withdrawal Plans (SWP) Definition: A Systematic Withdrawal …

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25Sep 2024

India’s Unemployment Rate Stays Unchanged

Why in the News? The Periodic Labour Force Survey (PLFS) from July 2023 to June 2024 shows that India’s unemployment rate (UR) remains unchanged at 3.2%, similar to the previous year. Despite a slight increase in agricultural workforce participation, manufacturing employment shows no growth. Workforce Participation Increases: The Labour Force Participation Rate (LFPR) rose in …

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25Sep 2024

Marhowra Plant to Export Locomotives by 2025

Why in the news? The Marhowra plant, a joint venture between Indian Railways and Wabtec, will start exporting Evolution Series locomotives to Africa in 2025, boosting India’s manufacturing capabilities. Expansion of Marhowra Plant: Joint Venture: Wabtec Locomotive Private Limited, a collaboration between Indian Railways and Wabtec, is enhancing the Marhowra plant’s capabilities. Export Plans: The …

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25Sep 2024

India Remains Nepal’s Largest Trading Partner

Why in the news? India remains Nepal’s largest trading partner. Nepal’s trade deficit reached NPR 237.45 billion by mid-September 2024-25. Nepal maintains trade relations with 145 countries but has trade deficits with over Major Trade Deficits: Nepal’s largest trade deficits are with India (NPR 144.67 billion) and China (NPR 51.80 billion). India and China are …

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25Sep 2024

SC Condemns Punjab’s Expanded NRI Quota

Why in the news? The Supreme Court condemned Punjab’s move to expand the NRI quota in medical colleges, calling it a “fraud” on the education system. A bench led by CJI D.Y. Chandrachud dismissed petitions challenging a Punjab and Haryana High Court order that had quashed the expanded quota. The bench stressed that the NRI …

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25Sep 2024

Prime Minister’s Tribute to Pandit Deendayal Upadhyaya

Why in the news? Prime Minister Narendra Modi paid homage to Pandit Deendayal Upadhyaya on his birth anniversary. The tribute was made public on September 25, 2024, through a statement released by the Press Information Bureau (PIB) in Delhi. PM Modi highlighted Pandit Deendayal Upadhyaya’s philosophy of Antyodaya. The concept emphasises upliftment and empowerment of …

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25Sep 2024

India-Oman Joint Military Exercise AL-NAJAH

Why in the news? The AL-NAJAH 5 military exercise is underway in Oman, enhancing combat skills, interoperability, and cultural ties between the Indian and Omani armies, concluding with a live-fire demonstration. AL-NAJAH 5  Joint Military Exercise Overview: The India-Oman joint military exercise AL-NAJAH 5 is taking place at the Rabkoot Training Area, Oman, from 13th …

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25Sep 2024

How BMI is becoming an inadequate measure for health

Syllabus: GS 3: Issues related to Health. Science and its application in everyday life Focus: The Body Mass Index (BMI) is being questioned for its effectiveness as a health metric, with the Body Roundness Index (BRI) emerging as a more accurate predictor of fat distribution and related health risks, particularly metabolic syndrome. Overview of BMI’s …

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25Sep 2024

National Credit Framework (NCrf)

Syllabus: GS 2: Education Why in the News? National Credit Framework (NCrF) introduced to facilitate reforms in higher education, which balances vocational training with academic research to meet the evolving socio-economic needs of India. Introduction The National Credit Framework (NCrF), in line with NEP 2020, provides a transformational platform for Indian higher education by integrating …

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24Sep 2024

SpaceX Plans Five Uncrewed Mars Missions Soon

Why in the news? SpaceX aims to launch five uncrewed Starship missions to Mars in the next two years, with potential crewed missions following based on the success of initial flights. About the Crewed Missions Contingency: Dependence on Uncrewed Success: The timeline for crewed missions will depend on the success of the uncrewed flights. Potential …

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