World Economic Outlook Subject: Reports and Indices Context: The International Monetary Fund (IMF) has cut India’s GDP growth estimate for FY22 by 300 basis points to 9.5 per cent from its April projection of 12.5 per cent Concept: World Economic Outlook WEO is a survey by the IMF that is usually published twice […]
James Webb Space Telescope (JWST) Subject: Science and Technology Context: NASA is set to launch the large infrared James Webb Space Telescope (JWST) touted as the “premier observatory” of the coming decade later this year. Concept: JWST will study various phases in the history of the universe, from the formation of solar systems […]
Land rights Subject: Polity Context: To a query on whether it is a fact that the government has recognised the land rights as human rights, Singh said that as per inputs provided by the home ministry, there is no document in custody which shows that land rights has been recognised as human rights. […]
Govt says 78 foreign companies registered in India last fiscal year Subject: Economy Context: As many as 78 foreign companies were registered in the country under the company’s law in the last financial year, according to official data. In 2019-20, a total of 124 foreign companies were registered in India. The count was […]
Wilful defaulter Subject: Economy Context: Banks have added Rs 38,976 crore from 662 borrower accounts as willful defaulters during the 12 months ended December 2020 when the Covid pandemic hit the country’s financial system. Concept: As per the Reserve Bank of India’s (RBI) classification, a ‘wilful default’ would be deemed to have occurred if the […]
Clinical Establishments (Registration and Regulation) Act 2010 Subject: Polity Context: The Supreme Court on Tuesday issued notice on a plea which said the Covid-19 spread has “exposed the lacunae in Indian healthcare system” and sought “proper implementation of Clinical Establishments (Registration and Regulation) Act, 2010”. Concept: Article 47 of the Constitution lays down […]
Central Bureau of Investigation (CBI) Appointment Subject: Polity Context: Four days before his retirement, the central government Tuesday appointed 1984-batch Gujarat cadre IPS officer Mr. Rakesh as the new Delhi Police Commissioner until July 31, 2022. Concept: Central Bureau of Investigation (CBI) is the premier investigating police agency in India. It functions under the superintendence […]
Intellectual Property Subject: Science and Technology In news: The spat among the Pune-based Kirloskar brothers has intensified with Kirloskar Brothers (KBL), led by Sanjay Kirloskar, accusing Kirloskar Industries (KIL), led by his brother Atul Kirloskar, of using the intellectual property (IP), trademark, copyright and material part of KBL’s logo. About Intellectual Property Rights […]
India will explore indigenous deposits of phosphatic rock Subject: Geography Context: Union Minister of Chemicals and Fertilizers informed Parliament that India will explore indigenous deposits of phosphatic rock, a step towards becoming AatmaNirbhar in fertilizer production. Concept: Phosphorus rocks or phosphate rocks are unprocessed ores. Phosphate rock deposits can be sedimentary (formed from […]
South Korea’s artillery interception system Subject: International Relations Context: South Korea has approved plans to develop an artillery interception system, similar to Israel’s Iron Dome. Concept: This new Defence system will be designed and built specifically to thwart attacks by rockets and long-range missiles launched by North Korea. The South Korean government had […]