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24May 2025

New Bacterial Species Found on Tiangong Space Station: A Must-Know for UPSC & SSC

New Bacterial Species Found on Tiangong Space Station: A Must-Know for UPSC & SSC A significant development in space microbiology has made headlines—Chinese scientists have discovered a previously unknown bacterial species named Niallia tiangongensis aboard the Tiangong Space Station. This breakthrough is important for aspirants of competitive exams like UPSC, SSC, CDS, NDA, CAPF, and …

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12Apr 2025

Trump’s Tariffs Join Historic US Economic Shocks

Why in the News ? Trump’s high tariffs on Chinese imports are being compared to major past US policy shifts—the Nixon Shock and Volcker Shock—for their transformative impact on the global economy, trade balances, and monetary system, reigniting debates on protectionism and global trade. The Nixon Shock (1971): Collapse of Bretton Woods Post-WWII era (1949–1969) …

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27Mar 2025

India Scraps Google Tax, Signals Trade Deal Intent

Why in the News ? The Indian government has scrapped the equalisation levy on digital ads, easing taxation on global tech firms like Google and Meta. The move aligns with U.S. trade negotiations, amid pressure to reduce tariffs before the April 2 deadline. Equalisation Levy and Its Impact: Introduced in 2016, the equalisation levy imposed …

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27Mar 2025

AI Content Regulation: MeitY’s Report to Delhi High Court

Why in the News ? The Ministry of Electronics and IT (MeitY) submitted a status report to the Delhi High Court, highlighting concerns over deepfakes, AI-generated scams, and liability frameworks. The report stresses mandatory AI content disclosure and stricter enforcement against malicious actors. Concerns on Deepfake Regulation The Ministry of Electronics and IT (MeitY) submitted …

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