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Why in the news? India VIX, known as the fear index, surged by 24% to close at 26.75. During intraday trade, the index spiked by 51% to reach 31.71, indicating heightened market volatility. This increase followed the Lok Sabha election results, which showed fewer seats than expected for the Bharatiya Janata Party (BJP). About India …
Read MoreWhy in the news? Commerce Secretary Sunil Barthwal, Additional Secretary Rajesh Agrawal, and other senior officers have reached Singapore for the event starting on June 5. India attended Singapore’s IPEF Clean Economy Investor Forum to pitch projects and engage investors, aiming for collaborations. source:themirror About “IPEF’s Clean Economy Investor Forum Meet: IPEF to host Clean …
Read MoreWhy in the news? The National Company Law Tribunal (NCLT) ordered the initiation of insolvency proceedings against Jaiprakash Associates Ltd. (JAL) on June 3. Jaiprakash Associates Ltd. (JAL’s) claim of facing a liquidity crunch and defaulting on debt repayments due to government delays and litigation was rejected by the NCLT. source:slideplayer About National Company Law …
Read MoreWhy in the news? Market dynamics analyzed as FPIs sell and DIIs buy, influencing Indian stock market sentiment amid geopolitical uncertainties and election outcomes. Foreign Portfolio Investors (FPIs) engaged in extensive selling in the lead-up to elections, totaling Rs 75,000 crore. Conversely, Domestic Institutional Investors (DIIs), including mutual funds and insurance companies, purchased stocks worth …
Read MoreWhy in the news? Mount Kanlaon, located on Negros island in the central Philippines, erupted on 3 June. The eruption lasted six minutes, projecting ash, rocks, and gasses up to 5 kilometers into the atmosphere. At least 2,800 people have been displaced due to the eruption,the state volcanology agency has warned that further eruptions are …
Read MoreWhy in the news? An SU-30MKI fighter jet of the Indian Air Force (IAF) crashed in Nashik on June 4. The aircraft had been recently overhauled by Hindustan Aeronautics Limited (HAL) and was on a test sortie from HAL Nashik at Sirsa gaon. About Sukhoi Su-30MKI : Twinjet multirole air superiority fighter developed by Russia’s …
Read MoreWhy in the news? China’s Chang’e-6 probe successfully lifted off from the far side of the moon. The probe started its return journey to Earth, carrying rock samples. Chang’e-6 is set to become the first mission to return samples from the moon’s far side, which permanently faces away from Earth. source:timesnow About Chang’e-6 Mission : …
Read MoreSYLLABUS: GS 2: Indian Constitution—historical underpinnings, evolution, features, amendments, significant provisions and basic structure. Parliament and State legislatures—structure, functioning, conduct of business, powers & privileges and issues arising out of these. Focus: Lok Sabha Election Results 2024 were declared on 4th June 2024. Source: Reddit Article highlights the public’s concerns about unemployment, low wages, and …
Read MoreSyllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article discusses the necessary steps the incoming Indian government should take to ensure rapid economic growth through sustainable and inclusive development. It emphasizes the need to address agricultural employment, boost consumption, improve infrastructure, enhance manufacturing, and leverage technology while …
Read MoreWhy in the news? The Indian Council of Medical Research (ICMR) seeks partners to develop and commercialize a low-dose or pediatric oral formulation of hydroxyurea for treating sickle cell disease, addressing the lack of appropriate doses for pediatric patients. With over 20 million sickle cell disease cases in India, the initiative aims to improve treatment …
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