Planetary boundaries Topic: Environment About: The concept of planetary boundaries was first proposed by a team of international scientists in 2009 to articulate key natural processes that, when kept in balance, support biodiversity. Nine planetary boundaries beyond which we can’t push Earth Systems without putting our societies at risk: climate change, biodiversity loss, […]
TAX ON DIGITAL ASSETS UNDER INCOME TAX ACT TOPIC: Economy Context- Finance Minister Nirmala Sitharaman has proposed to tax all profits from transactions in such assets at 30% along with the applicable surcharge and cess, and a 1% tax to be deducted by buyers while trading in any virtual digital asset beyond a […]
STARLINK NETWORK TOPIC: Science & tech Context- Elon Musk’s satellite internet venture Starlink has started offering a ‘premium’ service to its customers. Concept- Starlink is a SpaceX project to build a broadband network with a cluster of orbiting spacecraft that could eventually number thousands. What is the satellite broadband service? The service offers […]
INDIA-SRI LANKA DISPUTE TOPIC: Maps Context- 2 Sri Lankans were killed ‘in a clash’ with Indian fishermen in Jaffna. Concept- India- Sri Lanka fishermen issue: Arrest of Indian fishermen on the Sri Lankan side of the International Maritime Boundary Line (IMBL) in the Palk Straits and the Gulf of Mannar by Sri Lankan […]
INTERNATIONAL SPACE STATION TOPIC: Science & Tech Context- NASA has said the International Space Station cease operations in 2031. Concept- International Space Station: The ISS is a manmade space station or artificial satellite that is habitable for humans in space. It is in the low-earth orbit and there are astronauts living onboard the […]
JOB RESERVATIONS FOR LOCALS TOPIC: Polity Context- The Punjab and Haryana High Court on Thursday granted an interim stay on the controversial law for reservation of 75% jobs in private companies, societies and trusts for local Haryana candidates. Concept- Prior to Haryana, States such as Madhya Pradesh, Karnataka, Andhra Pradesh also tried to […]
MAP OF INDIA ON WHO’s WEBSITE TOPIC: Maps Context- The issue of the wrong depiction of a map of India on WHO’s website has been “raised strongly” with the World Health Organisation, the Ministry of External Affairs (MEA) said on Monday. Concept- Aksai Chin Region: China controls Aksai Chin area, while India claims […]
NEET BILL TOPIC: Indian Polity Context- Tamil Nadu Governor R.N. Ravi has returned to the Assembly Speaker a Bill seeking to dispense with NEET- based admissions for under- graduate medical degree courses. Concept- About NEET It is an all-India pre-medical entrance test for students who wish to pursue undergraduate medical (MBBS), dental (BDS) […]
SURETY BONDS TOPIC: Economy Concept- The government has allowed the use of surety insurance bonds as a substitute for bank guarantees for infrastructure development. Concept- What is Surety Bond? Surety Bond is a three-party agreement that legally binds together a principal who needs the bond, an obligee who requires the bond and a […]
BOND YIELD TOPIC: Economy Context- On February 1, as Finance Minister indicated that the government would borrow more from the market, the yield on the 10-year benchmark bond issued by the central government jumped 17 basis points to 6.85%. Concept- Bond: Bond is an instrument to borrow money. A bond could be floated/issued […]