In News Recently, the US Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors. About The foreign direct product rule (FDPR) Background: It was first introduced in 1959 to control trading of US technologies. Objective: It essentially says that if a […]
In News The Nobel Memorial Prize in Economic Sciences was awarded to Ben S Bernanke, the former chair of the US Federal Reserve, and two other academics (Douglas W. Diamond and Philip H. Dybvig) for research into banks and financial crises. About The work for which Ben Bernanke, Douglas Diamond and Philip Dybvig are being […]
Context International Finance Corp has launched the Global Food Security Platform to support the private sector for sustainable production and delivery of food stocks to countries affected by food instability. This 6 billion USD financing facility will help boost the flow of food supplies and other important commodities like fertilizers to vulnerable communities. International Finance […]
In News World Post Day is annually observed across the globe on 9th October to mark the establishment of the Universal Postal Union(UPU). The theme of World Post Day 2022 is “Post for the Planet”. About Universal Postal Union (UPU) Established in 1874, the second oldest international organization worldwide. Headquarters: the Swiss capital Berne Functions: […]
In Context A new space Bill — a legal framework for commercial use of space will soon be released. More about the new bill The 2017 Bill: The previous Bill (of 2017) provides for imprisonment of up to three years and fine of over Rs 1 crore if any activity is undertaken without prior licensing, […]
Context Every year on 11th October the International Child Day is observed. About the Day 11th October 2022 commemorates the 10th anniversary of the International Day of the Girl (IDG). The Beijing Declaration and Platform for Action in 1995, proposed an action plan to advance the rights of girls. In 2011, the United Nations General […]
In News Recently, the PM addressed the second United Nations World Geospatial Information Congress in Hyderabad. United Nations World Geospatial Information Congress (UNWGIC) The first United Nations World Geospatial Information Congress was held in Deqing, Zhejiang Province, China in 2018. The United Nation Committee of Experts on Global Geospatial Information Management (UN-GGIM) organizes the United […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 3 Big infra ministries push the pedal in capital spending in first five months (Infrastructure) What is the present status of spending on Railways, and Road transport and Highways in the current financial year? GS 3 8 Risk to growth […]
In Context Recently, the Kerch Bridge which connects the Russian mainland with the Crimean peninsula, caught fire due to an explosion sparked by a truck bomb. About The Kerch Strait is a strait in Eastern Europe. It connects the Black Sea and the Sea of Azov, separating the Kerch Peninsula of Crimea in the west […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1 At ?7.45 lakh crore, direct tax receipts cross half the target (Economy) What is Direct tax ? and Central Board of Direct Taxes(CBDT) data in this context . GS 2 1 Fatalities among UN Peacekeeping Forces rising (International Relations) […]
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