Piracy Issues Subject: International Relations The seas off West Africa’s oil-rich coastline are now the most dangerous in the world for shipping, according to a new report. One Earth Future, which produces an annual State of Maritime Piracy, says that while attacks have been falling substantially in some regions of the world, in […]
The recent blocking of the VLC Media Player Subject: Science and tech VLC continues to be one of the most popular media players Why VLC was banned? The website has been blocked as per order of Ministry of Electronics and Information Technology under IT Act, 2000 Although VLC is not a Chinese app, […]
The historical and cultural connections between India and Thailand Subject: Ancient History India and the Southeast Asia region share a long history of cultural and commercial relations. Devasthan As part of his visit to Thailand for the ninth India-Thailand joint commission meeting, External Affairs Minister S. Jaishankar Thursday visited the Devasthan in Bangkok. […]
Supreme Court hears plea to monitor drug pricing Subject: Scheme The Supreme Court on Thursday took serious note of a plea to bring transparency in drug pricing and monitoring mechanism while pointing to a recent accusation against the manufacturer of Dolo-650 tablet of indulging in “unethical practices”. An NGO that has filed the […]
Daily Prelims Notes 19 August 2022 Table Of Contents Great Indian Bustards (GIBs) Tilapia Inflation target breach Liquidity Adjustment Facility: Electricity Sector SEBI new rules–AIF and VCF Windfall tax Blockchain Infrastructure Supreme Court hears plea to monitor drug pricing The historical and cultural connections between India and Thailand The recent blocking of the […]
Blockchain Infrastructure Subject: Economy Context: We need resilient digital platforms, which may be based on the Web 3.0 architecture. Web 3.0 The concept of Web3, also called Web 3.0, used to describe a potential next phase of the internet World Wide Web, which is also known as a Web, is a collection of […]
Windfall tax Subject: Economy Why in the news? In line with the moderation in global crude prices and drop in refining margins, Centre undertook the third review of its recently imposed levies on fuel and cut the tax levy on domestic crude oil production. Details: This is the third review undertaken by the […]
SEBI new rules–AIF and VCF Subject: Economy Why in the news? SEBI eases norms on alternate investment funds (AIFs) and venture capital funds (VCFs) investments in overseas firms Details: Earlier, it was mandated that AIFs and VCFs raising funds in India should invest in only those companies globally that have connection to India […]
Electricity Sector Subject: Economy Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges — IEX, PXIL and HPX — to restrict electricity trading by 27 discoms in 13 states having outstanding dues as per the information available on the PRAAPTI portal. Details: The action appears to be taken under the Electricity […]
Liquidity Adjustment Facility Subject: Economy Why in the news? The Reserve Bank of India increased the repo rate to 5.40 per cent under the liquidity adjustment facility (LAF) Details: Repo rate, which is the rate at which the RBI lends money to commercial banks, is now higher than the pre-Covid level of 5.15 […]