PFC, JICA line up to fund ₹76,220-cr. Vadhavan Port project Sub: Geography Sec: Eco Geo Context: Indian and global financial institutions, including the Power Finance Corporation (PFC), Rural Electrification Corporation, and Japan International Cooperation Agency (JICA), have expressed interest in funding the ₹76,220-crore Vadhavan Port project. Details: The project will be developed by […]
Tamil Nadu hooch tragedy: Why spurious liquor can be deadly Sub: Science and tech Sec: Health Context: At least 34 people have died, and around 100 others have been hospitalized after consuming hooch, or spurious liquor, in Tamil Nadu’s Kallakurichi. What is hooch? Hooch is a commonly used term for poor quality alcohol, […]
Bhartruhari Mahtab appointed pro tem Speaker Sub: Polity Sec: Parliament and legislation Context: Seven-term parliamentarian and BJP leader Bhartruhari Mahtab was on June 20 appointed pro-tem Speaker of the Lok Sabha. More on news: Congress accuses Modi government of bypassing convention by ignoring senior-most MP K. Suresh for the post The primary job of […]
‘School in a box’ for children in Assam flood relief camps Sub: Science and tech Sec: Health Context: Flood-affected children are set to get a “school in a box” in model relief camps across Assam. More on news: Rainfall-induced landslides or landslides have killed more people than floods across seven of the eight […]
Sickle cell patients need better access to modern medication Sub: Science and tech Sec: Health What is Sickle Cell Anemia(SCD)? Sickle cell disease, a chronic condition, encompasses a group of inherited disorders affecting haemoglobin, the protein responsible for oxygen transport in the body. Red blood cells possess a disc-like shape and are flexible, […]
Visakhapatnam Port Makes it to Global Top 20 List Riding on Container Performance Sub: IR Sec: Int org Key Highlights: Significant Improvement: Visakhapatnam Port leaped from 115th place in 2022 to 19th place in 2023 in the Container Port Performance Index (CPPI). Top Performance Metrics: Moves per Crane Hour: 27.5 Turnaround Time (TRT): […]
Credit Card Transactions Abroad Under Scanner Again Sub: Economy Sec: External Sector Key Points: Government Focus: With the increase in remittances under the Liberalised Remittance Scheme (LRS), international credit card spending is now a significant area of government scrutiny. Current Status: Although on the government’s radar, a decision regarding the implementation date for […]
SBI Chairman Khara Advocates for Tax Relief on Interest Income in Upcoming Budget Sub: Economy Sec: Monetary Policy Key Proposal: SBI has proposed tax relief on interest income. The rationale is that this relief would help banks attract more savings which could then be utilized for funding long-term infrastructure projects. Current Tax Scenario: […]
JP Morgan Forecasts Doubling of Foreign Holdings in Indian Government Bonds Sub: Economy Sec: EXTERNAL Sector Overview: JP Morgan predicts non-resident holdings of India Government Bonds (IGBs) to nearly double from the current 2.5% to over 4.4% in the next year. This prediction is due to proactive measures by Indian authorities to enhance […]