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Syllabus: GS-3– Trade policy , Role of WTO , Internal and external dynamics for economic development , Atma nirbhar Bharat Abhiyaan ,Impact of Globalization on Trade Focus : The article emphasizes the need for India’s trade policy to evolve to meet ambitious export targets while balancing domestic production and global market integration. It advocates reducing …
Read MoreRelevance GS 3 – Economy: Understanding the role of regulatory frameworks in enhancing financial markets. Promoting inclusive growth. Focus This analysis looks at the recent suggestions from the Securities and Exchange Board of India (SEBI) that are meant to help struggling investment advisers and remove entrance barriers. The main goal is to comprehend how these …
Read MoreWhy in the news? Pressure affects many aspects of daily life, from cooking with a pressure cooker to measuring blood pressure. Understanding its physics reveals its impact, from atmospheric pressure to fluids in our bodies. Understanding Pressure: Its Ubiquity and Significance Microscopic Interaction with Pressure: Pressure is the effect of countless atoms and molecules constantly …
Read MoreWhy in the news? Rising health insurance premiums and an 18% GST are making policies less affordable. Opposition leaders and experts demand the removal of GST, citing the strain on consumers and insurers. source:researchgate About Rising Insurance Costs and GST Concerns: Premium Hikes and GST Impact: Insurance companies have increased premiums by up to 50-60% …
Read MoreWhy in the news? A new Bill aims to expand the National Disaster Management Authority’s role in disaster response but misses the chance to enhance its institutional status, limiting its effectiveness and resources. source:slideplayer About the Bill Proposes Changes to Disaster Management Act: Amendments to the Act: The Bill seeks to enhance the Disaster Management …
Read MoreWhy in the news? Global markets fell sharply as investors unwound yen carry trades due to rising Japanese interest rates, reflecting concerns over potential recession and geopolitical tensions. Global Stock Market Decline: Major global stock markets faced sharp declines on Monday. Factors included the U.S. economy’s recession odds, geopolitical tensions in West Asia, and the …
Read MoreWhy in the news? A study revealed that an earthquake around 2,500 years ago caused the Ganga River to change course. Evidence includes sand dikes and optically stimulated luminescence dating of ancient sediment. source:lotusrise Study Discovery: Researchers found evidence of an ancient earthquake shifting the Ganga River’s course around 2,500 years ago. They identified two …
Read MoreWhy in the news? The government lowered long-term capital gains tax on real estate from 20% to 12.5%, facing backlash, and allowed taxpayers to choose the more favourable rate for properties acquired before July 23, 2023. About Tax Reduction and Options: Finance Minister Nirmala Sitharaman announced the long-term capital gains tax reduction from 20% with …
Read MoreWhy in the news? A study found sucralose safe for diabetics, improving body weight, waist circumference, and BMI, with no adverse impact on glucose or HbA1c levels, countering negative publicity against sweeteners. source:slideshare Study Overview: Recent Indian study assessed replacing sucrose with sucralose in coffee and tea. Conducted a 12-week randomised controlled trial with 210 …
Read MoreWhy in the news? Food costs hit an 11-month high in July due to surging tomato, onion, and potato prices, driven by crop issues and increased CPI food inflation. source:medium About Rising Food Costs: Food costs reached an 11-month high in July for both vegetarians and non-vegetarians. The average cost of a vegetarian meal rose …
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