Rising risk of unsecured retail loans in India Subject: Economy Section: Monetary Policy Increasing Risk: UBS highlights the growing risk of unsecured retail loans turning bad in Indian banks as lending to borrowers with overdue debt has risen. Pandemic Impact: The stress on household finances due to the pandemic has eased, leading to […]
G20’s roadmap for crypto regulation Subject: Economy Section: Monetary Policy Why in the News? Adoption of the G20 Roadmap on Crypto Assets: Under India’s Presidency, the Finance Ministers and Central Bank Governors of the G20 nations have adopted a comprehensive roadmap for the regulation of crypto-assets, as proposed by the IMF and FSB. […]
ImmunoACT’s cell therapy to treat blood cancer gets CDSCO nod Subject :Science and Tech Section: Biotechnology Context: IIT Bombay-incubated Immunoadoptive Cell Therapy (ImmunoACT), in which drugmaker Laurus Labs holds about 34% stake, has received Central Drugs Standard Control Organisation’s (CDSCO) marketing authorisation approval of the ‘first’ humanised CD19-targeted Chimeric Antigen Receptor T cell […]
The afterglow of an explosive collision between giant planets may have been detected in a far-off star system Subject: Science and Tech Section: Space technology Context: The afterglow of a massive collision between two giant planets may have been detected for the first time. Details: The wreckage of the collision could eventually cool […]
Government mulls partnerships to make semiconductor chips Subject: Science and Tech Section: Awareness in IT Context: Six working groups, which had been formed to mull the Indian government’s artificial intelligence (AI) roadmap, have submitted the first edition of their report adding that the report’s recommendations included public-private partnerships to make semiconductors for AI […]
Australia’s Indigenous Voice referendum Subject: IR Section: Places in news Context: Australians will vote in a referendum on October 14 to decide whether the country’s indigenous peoples should be formally consulted in making laws More about the news: On October 14, Australians will participate in a historic referendum that seeks to determine whether […]
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) Subject :IR Section: International organisation Context: The recent attack of Israel in Gaza More about UNRWA: It is a United Nations agency established by the General Assembly in 1949 when nearly three-quarters of a million Palestinians became refugees […]
Questions of foetal viability and rights of unborn child Subject: IR Section: International conventions Context: Legal dispute spanned two Supreme Court benches, raising abortion autonomy and legislative concerns. What is the case about; A 27-year-old woman, with two children, seeks an abortion due to unplanned pregnancy and financial constraints. A two-judge bench approved […]