In Context A year has passed since the disclosures about the Pegasus Project revealed the threat to India’s democracy. What is Pegasus? It was developed by the Israeli firm NSO Group that was set up in 2010. It can not only mop up information stored on phones such as photos and contacts, but can also […]
In News Recently, Punjab Chief Minister has been admitted to hospital, days after he had drunk a glass of water directly from River Kali Bein. About Kali Bein is a 165-km rivulet that starts from Hoshiarpur. It runs across four districts and meets the confluence of the rivers Beas and Sutlej in Kapurthala. Along its […]
In News Recently, the euro and the U.S. dollar reached parity meaning one dollar could buy one euro in the foreign exchange market. About Euro-dollar Parity Meaning: It means the European and American currencies are worth the same amount. Reasons: Demand and Supply: The price of any currency in a market economy is determined by […]
In News Recently, the government scrapped a windfall tax on the export of petrol and cut the levy on overseas shipments of diesel and ATF as well as on domestically produced crude oil following a decline in global oil prices. About Windfall Tax Background: On July 1, the government imposed windfall gain taxes on the […]
In Context According to a World Health Organisation report, India received 87 billion dollars in remittances in 2021. About the report According to the report , in 2021 the top five remittance recipients in current US dollars were India, China, Mexico, the Philippines and Egypt. The first WHO World report on the health of refugees […]
In News The India-Africa CII-EXIM Bank Conclave recently took place in New Delhi. More about the News Forty high-level ministers from 17 countries, including Cameroon, Burkina Faso, Eswatini, Republic of the Congo, Nigeria and Sierra Leone, participated in the two-day summit. This is the 17th edition of the conclave. Four major focus areas for the […]
In News Recently, India has opened up the highly regulated sector of producing and processing opium to private players. About Bajaj Healthcare has become the first company to win tenders for producing concentrated poppy straw that is used to derive alkaloids that are the active pharmaceutical ingredient in pain medication and cough syrups. Bajaj Healthcare […]
In News Recently ,A 25-year-old pregnant woman moved the Supreme Court seeking an abortion after the Delhi High Court declined her plea . More In News The woman has also challenged Rule 3B of the Medical Termination of Pregnancy Rules, 2003, which allows only some categories of women to seek termination of pregnancy between 20 […]
In News Recently the Government think tank NITI Aayog released its report titled ‘A proposal for Digital Banks in India: Licensing and Regulatory Regime’. About the report About: The report ‘focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors It offers a template and […]
In News According to the latest figures, cases of crime against Scheduled Castes and Scheduled Tribes have risen progressively in the years between 2018 and 2020. More about the news Cases registered for crime against SCs rose from 42,793 in 2018 to over 50,000 in 2020, and of crime against STs from 6,528 to 8,272 […]