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Koalas

In News Recently, the Australian Government announced a list of 110 ‘priority species’ that it will try to save from extinction over the next 10 years which includes koalas.  About Koala Scientific Name: Phascolarctos cinereus  The koala is the only member of the family Phascolarctidae.  Characteristics: It is a tree-climbing animal. It is a marsupial […]

Emperor Penguin

In Context No evidence of microplastics in emperor penguins, says study which is an important assessment of environmental pollution at the South Pole. Emperor Penguin It is the largest member of the penguin order (Sphenisciformes). It is also the tallest and heaviest of all living penguin species. Geographical Presence: Endemic to Antarctica IUCN Status: Near […]

Purchasing Managers’ Index (PMI)

In News Recently, The PMI data was released which showed that India’s service sector activity has lost growth momentum and eased to a six-month low due to slow new business inflows amid inflationary pressures and competitive conditions.  About Purchasing Managers’ Index (PMI) The PMI data is released at the beginning of every month. It is […]

Credit Suisse Crisis

In News Recently, the share price of Credit Suisse has hit an all-time low. About Credit Suisse crisis It was founded in 1856 to fund the development of Switzerland’s rail system. It is one of the oldest and historically one of the most influential banks in the world. It is based in Switzerland. Credit Suisse […]

Impossible Trinity

In News  The Impossible Trinity or  trilemma has come under focus recently as the U.S. The Federal Reserve has been raising interest rates to fight rising prices. About Impossible Trinity It refers to the idea that an economy cannot pursue independent monetary policy, maintain a fixed exchange rate, and allow the free flow of capital […]

Codex Committee on Spices and Culinary Herbs (CCSCH)

In News  The Codex Committee on Spices and Culinary Herbs (CCSCH) has finalised and recommended quality standards for nutmeg, saffron, chilli-peppers, and paprika during its sixth session. About CCSCH It was formed in 2013 with support of more than a hundred countries with India as the host country and Spices Board as the Secretariat for […]

Quality Council of India (QCI)

In News  The Union Minister of Commerce and Industry asked the Quality Council of India (QCI) to strive to bring about convergence of all the various quality and standards organisations in the country About Quality Council of India (QCI) It was established as a National body for Accreditation on recommendations of the Expert Mission of […]

Strengthening the CSR Framework

Growth and related issues In News Recently, the opinion has emerged that Strengthening the Corporate Social Responsibility (CSR) framework is a profitable idea. Data of CSR participation of companies Rise in spending: Ever since the establishment of the Corporate Social Responsibility (CSR) regime in India (under Section 135 of the Companies Act 2013), CSR spending […]

Moonlighting

In News Moonlighting has been a controversial topic in recent months after a few companies sacked their employees citing it as a reason.  More about Moonlighting What is Moonlighting? Moonlighting — or employees working for remuneration with entities other than their employers. Moonlighting is neither new nor unusual.  The practice has been around for a […]

Poverty and Shared Prosperity Report 2022

In News Recently, the World Bank has released the report titled Poverty and Shared Prosperity 2022: Correcting Course. Major Highlights of the report Poverty The world is unlikely to meet the goal of ending extreme poverty by 2030. 70 million people were plunged into poverty in 2020, the largest one-year increase since global poverty monitoring […]