Lightweight anti-tank missile tested by DRDO Subject : Defence Context : A new generation of Akash surface-to-air missile and indigenously developed Anti-Tank Missiles were successfully flight-tested by the DRDO from an integrated test range off the Odisha coast. Concept : Akash missile: Akash is a medium-range mobile surface-to-air missile system developed by the […]
U.K. wants new trade deal for N. Ireland Subject : International Relations Context : After rioting and business disruption hit the province of Northern Ireland, the U.K. has demanded the European Union to renegotiate the Northern Ireland Protocol – post-Brexit trading arrangements for Northern Ireland. Concept : Northern Ireland Protocol: The protocol aimed […]
HC stays Arunachal’s entry permit notification Subject : Governance Context :Arunachal Pradesh had recently issued a notification allowing temporary entry permits for “developmental works in public and private sectors” only to those vaccinated against COVID-19. Concept : The Itanagar Bench of the Gauhati High Court has stayed the Arunachal Pradesh government’s notification mandating […]
PM eVIDYA Subject: Government Schemes Context: On Sunday Nirmala Sitharaman the finance minister has announced the PM eVIDYA program for students. This program is announced for the top 100 universities of the country and for schools also. Concept: PM eVidya is a unique and innovative venture by the Ministry of Education, Government of India to […]
INFOSAN Subject: International Organisations Context: The Food Safety and Standards Authority of India (FSSAI) has flagged safety concerns in dried oregano product imported by Keya Foods Concept: The International Food Safety Authorities Network (INFOSAN) is a global network of national food safety authorities, managed jointly by FAO and WHO with the secretariat in […]
Primary market Subject: Economy Context: The floodgates for primary market issuances are now open in GIFT City with the International Financial Services Centres Authority (IFSCA) coming out with a comprehensive listing framework that will enable Indian and foreign issuers to issue and list securities on GIFT IFSC platform. Concept: A primary market is […]
La Niña Subject: Geography Context: Global climate models suspect that the ‘neutral’ conditions (neither El Nino nor La Nina) in the Equatorial Pacific might give way to a return of La Nina conditions into the autumn and winter even as the annual monsoon in India, a known La Nina beneficiary, readies to cross […]
Commercial paper Subject: Economy Context: Commercial paper issuance is picking up steam among Indian corporates and a growing number of domestic firms are turning towards these short-term debt instruments to meet their working capital needs even as riskaverse banks continue to sit on a huge liquidity. Concept: According to RBI data, the monthly […]
Parliamentary Committees Subject: Polity Context: Amid Opposition’s demand for a judicial probe into the reports of tapping of phones of top politicians, Army officers, judges and journalists using the Pegasus spyware, a Parliamentary Standing Committee, headed by Shashi Tharoor, has decided to examine the matter. Concept: Parliamentary Committee means a Committee which is […]
Call options Subject: Economy Context: The selling of call options has reached a fever pitch hitting a new record this week, indicating low possibility of a sharp market crash. The pace of trading in index options is seen as a barometer of stock market sentiment. Concept: Call options are financial contracts that give […]