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17May 2025

WHO Declares Polio Outbreak in Papua New Guinea

WHO Declares Polio Outbreak in Papua New Guinea Why in the News ? The World Health Organization (WHO) has declared a polio outbreak in Papua New Guinea after detecting the virus in healthy children during routine screening. WHO has urged for urgent immunization efforts as the country’s vaccination rate remains critically low. Outbreak Detection and …

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17May 2025

Sacred Jharkhand Hill Sparks Jain-Santal Tenasions

Sacred Jharkhand Hill Sparks Jain-Santal Tensions Why in the News ? On May 3, the Jharkhand High Court directed enforcement of a meat and alcohol ban on Parasnath/Marang Buru hill, considered sacred by both Jain and Santal communities, reigniting a long-standing dispute over religious rights and customary practices. Historical and Legal Disputes: The dispute dates …

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17May 2025

Shingles Vaccine May Reduce Dementia, Heart Risks

Shingles Vaccine May Reduce Dementia, Heart Risks Why in the News ? Recent studies from Wales and South Korea suggest the shingles vaccine may reduce not only shingles infections but also the risk of dementia and cardiovascular conditions. These findings boost the vaccine’s potential role in preventive healthcare and neurodegenerative protection. New Evidence: Reduced Dementia …

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17May 2025

India to Remain Fastest-Growing Major Economy: UN

India to Remain Fastest-Growing Major Economy: UN Why in the News ? The UN’s World Economic Situation and Prospects (WESP) mid-year update projects India’s GDP growth at 6.3% in FY 2025, outpacing China, the US, and the EU, driven by household spending, public investments, and services exports. About India’s Growth Outlook and Key Drivers: India’s …

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12May 2025

Improved Repo Rate Transmission Enhances Monetary Effectiveness

Improved Repo Rate Transmission Enhances Monetary Effectiveness Syllabus: GS-3: Banking Sector & NBFCs , Statutory Bodies , Monetary Policy , Growth & Development Focus: The Reserve Bank of India (RBI) has improved its monetary policy transmission significantly over the past few years, especially in the context of repo rate adjustments. A combination of regulatory shifts, …

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28Mar 2025

Parliament Approves Finance Bill 2025, Finalizes Budget Exercise

Why in the News ? The Parliament has completed the Union Budget 2025-26 process with the Rajya Sabha returning the Finance Bill 2025 to the Lok Sabha, including 35 amendments. This marks the conclusion of the annual budgetary exercise for the upcoming fiscal year. About the Parliamentary Approval of Union Budget 2025-26: The Parliament has …

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22Feb 2025

RBI’s Quality of Public Expenditure Index: Key Insights

Why in the News? The RBI’s latest report on the Quality of Public Expenditure (QPE) Index highlights improved fiscal management in India. It assesses capital and revenue spending trends since 1991, showing better public expenditure quality, especially with a focus on capital investment post-COVID-19. Context & Background: The Reserve Bank of India (RBI) has developed …

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01Feb 2025

Household Consumption Survey Reveals Economic Inequality Decline

Why in the news? The Ministry of Statistics and Programme Implementation released the 2023-24 Household Consumption Expenditure Survey, highlighting reduced urban-rural consumption gaps, declining Gini coefficients, and improved economic well-being across India, reflecting increased economic inclusivity and balanced development. Urban-Rural Consumption Gap: The urban-rural consumption disparity has declined across major states, indicating balanced economic growth. …

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01Feb 2025

India’s Economic Survey 2024-25 Highlights Growth Amid Challenges

Why in the news? The Economic Survey 2024-25 was tabled by Finance Minister Nirmala Sitharaman, outlining India’s steady economic growth amidst global uncertainties, with recommendations for deregulation and business-friendly reforms to boost consumption, employment, and innovation. Global Economic Concerns: The 2024-25 Economic Survey highlights the unfavorable global economic environment. Global trade and investment have slowed, …

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04Jul 2024

GEOPOLITICAL TENSIONS AND ECONOMIC DECOUPLING

Syllabus: GS-3- Trade conflicts, impact on International Relations and global economy Focus : The article explores the implications of the recent U.S. decision to impose additional tariffs on Chinese imports, highlighting the potential for increased economic decoupling between the West and China. It examines the broader impacts on global trade, manufacturing, healthcare, and renewable energy, …

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