Why in News? The crisis unfolding in Joshimath for over a month has led to conversations on the relevance of hydropower in the Himalayan region. Two years ago, a glacier…
Why in News? There is a good reason we do not tax wealth directly. Actually, there are many good reasons. But that’s not stopping some states from giving it a…
Why in News? A two-person team from IIT Gandhinagar studied the hydroclimatic changes in the catchment areas and their implications for hydropower generation in 46 major dams located in north,…
Why in News? In May 2016, the then Department of Industrial Policy and Promotion (now known as the Department for Promotion of Industry and Internal Trade) under the Ministry of…
Why in News? In January 2023, India surpassed China to become the world’s most populous country with a population count of approximately 1.417 billion as against China’s 1.412 billion, as…
Why in News? The government is expected to come out with a new fertilizer policy. A task force to examine the production and promotion of bio-fertilizer and organic fertilizers has…
Why in News? The discourse on efficient, effective and equitable public spending often takes us into the realm of limited resources facing competing demands. India definitely needs to widen its…
Why in News? The month-long Kashi Tamil Sangamam displayed Tamil culture and heralded a new era of intermingling and revitalizing ancient Indian traditions with the help of modern practices. This…
Why in News? Cricketer Rishabh Pant’s accident near Roorkee resulting in some injuries, has once again drawn attention to the problem of road safety in India. Nitin Gadkari, Minister of…
Why in News? India marches ahead carrying the same challenge projected as last year that it will have to navigate the choppy waters of a volatile petroleum market without straying…
Why in News? The new year begins on a slightly more optimistic note for India. Global crude and food prices are down, the rupee has stabilised at 82-83 to the…
Why in News? India assumed the Presidency of the Group of 20 this December. The world’s third largest emitter is moving beyond a transition strategy based squarely on solar development…
Why in News? The Indian government is emphasizing and celebrating its tech startups as an important component of its economic development policy. Prime Minister Modi recently pointed out that the…
Why in News? The Food and Consumer Affairs Minister introduced a host of new initiatives, including a right to repair portal. Right to Repair portal On the ‘right to repair’…
Why in News? The Supreme Court’s Technical Expert Committee and two unanimous reports of multi-party parliamentary standing committees have recommended that genetically modified (GM) Herbicide Tolerant (HT) crops should be…
Why in News? Mass prosperity for massive populations is hard. India’s large remittances from a small population overseas and IT sectors employability reinforce that our mass prosperity strategy should be…
Why in News? There seems to be considerable optimism about India’s near-term growth prospects now that the major global energy and commodity shocks have subsided. Even if these shocks have…
Why in News? Two ambitious schemes of the Central government such as Soil Health Card and mandatory neem-coating of urea were supposed to promote balanced use of fertilisers. However, far…
Why in News? The implementation of the Price cap on Russian crude. Highlights: Western countries including G7 nations, the European Union(EU), and Australia have agreed to a price ceiling of…
Why in News? Several agencies, including the IMF and the World Bank have projected lower growth rates for the Indian economy in FY23, than the 7.2 per cent estimated by…
Why in News? Notwithstanding the likely slowdown in economic momentum in the second half of the year, the Union government’s tax collections are on track to surpass its budgeted target…
Why in News? Concerns regarding the recent recommendation for approval for the environmental release of genetically engineered (GE) mustard (“DMH-11 hybrid”) in India. The recommendation was made by the Genetic…
Why in News? The Indian rupee has been quite the controversial newsmaker this year. Having fallen more than 11 percent against the US dollar so far in 2022, the rupee…
Context: Tamil Nadu Government(GoTN) and the World Bank signed a $287-million loan agreement for the Tamil Nadu Health System Reform Programme (TNHSRP). The main aim is to improve the quality…
CONTEXT: Rakesh Makhija, independent director was appointed as the non-executive (part-time) chairman of the bank, for a period of 3 years, with effect from July 18, 2019, up to July…
India is forecast to become the world's fifth largest economy in 2019, reaching a total GDP size exceeding $3 trillion, and overtaking its former colonial ruler, the United Kingdom. By…
CONTEXT: At the stock markets, the Sensex at the Bombay Stock Exchange surged 553 points to close at an all time high of 40,268, on Monday. The Nifty at the…
India's foreign exchange reserves increased by 1.994 billion to 419.992 billion US Dollar in the week ended 24th May 2019. RBI released that foreign currency assets rose by 1.991 billion…
Indian Overseas Bank (IOB) launched ‘Bank on Wheels’ facility in 14 of its lead districts in Tamil Nadu and Kerala. The mobile van facility will enable the public, especially senior…
RBI has issued draft guidelines on liquidity management for the NBFCS and proposed a liquidity coverage ratio for large NBFCs. It covers all deposit taking NBFCs and non-deposit taking NBFCs…
The first session of the 17th Lok Sabha will commence on 17th of this month. The Rajya Sabha will have its sitting from 20th onwards. The election for the Speaker…
The Reserve Bank of India will observe Financial Literacy Week across the country from 3rd to 7th of this month. The theme this year is - 'Farmers and how they…
The founder of Flipkart, Sachin Bansal joins Ujjivan Small Finance Bank as director. Ujjivan Small Finance Bank is chasing a plan to upgrade itself into a state-of-the-art mass- market bank.…
CONTEXT: A high-level committee appointed by the Ministry of Petroleum and Natural Gas has recommended a higher natural gas price for producers from existing discoveries among measures to bring down…
CONTEXT: The Centre has projected a sharp increase of 26.6% in non-Goods and Services Tax collection in 2022-23. In the same year, total GST collection is expected to gross Rs…
CONTEXT: To facilitate high-value fund transfers, the Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) by one and…
Reserve Bank of India announced that it will allow large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate of…
The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%. Ethiopia and Côte d’Ivoire…
Relentless pursuit of economic growth, twinned with the impact of climate change, has put one million species at risk of extinction, as per a report. Known as the Global Assessment,…
Following a plea raising concerns over incidents of forest fires in Uttar Pradesh, Uttarakhand and Jammu and Kashmir, the National Green Tribunal has sought a report from the Union Environment…
via OakParkFinancial