DPN Topics
INS Vagsheer Subject: Science & Tech Context- The sixth and last of the French Scorpene-class submarines, INS Vagsheer, was launched into water at the Mazagon Docks in Mumbai. Concept- INS Vagsheer will be commissioned into the Indian Navy’s Western Command after 12 to 18 months when sea trials end. It will be based […]
Integrated Command and Control Centers (ICCCs) Subject: Science & Tech Context- The Union Housing and Urban Affairs Minister has announced that 80 Integrated Command and Control Centres (ICCCs), an integral component of the Smart Cities Mission, have already been set up. Concept- What is the Smart Cities Mission? The Smart Cities Mission aims […]
The National Pharmaceutical Pricing Authority Subject: Economy Why in the news? The National Pharmaceutical Pricing Authority (NPPA), under the Ministry of Chemicals and Fertilizers, has fixed the price of 15 key drug formulations, used to treat diseases, including diabetes. Concept: NPPA was constituted by the Government of India in 1997 as an attached […]
Nidhi Company Subject: Economy Why in the news? The Company Law Committee has made a host of recommendations for stricter regulation of Nidhi companies. Details: The committee suggested that the Centre should prescribe rules and only companies that fulfil the prescribed financial and non-financial criteria should be declared as Nidhis. The declaration notification […]
Exposure Norms Subject: economy The Reserve Bank of India (RBI) laid down a set of rules for non-bank financiers on large exposures, lending to directors and sought additional disclosures in their notes to accounts. Details: Aggregate exposure of an upper layer NBFC to any entity must not be higher than 20% of its […]
Cryptocurrency vs CBDC Subject: Economy Why in the news? Deputy Governor of the RBI called cryptos worse than a Ponzi scheme and argued against “legitimizing” them. Yet, the RBI announced that it will float a Central Bank Digital Currency (CBDC). Differences: Basis Cryptocurrency Central Bank Digital Currency Meaning Digital token issued by a […]
China Solomon Islands sign landmark security agreement Subject: IR Context- China has announced the signing of a security pact with the Solomon Islands. Concept- About The Agreement: Chinese Foreign Minister and Minister of Foreign Affairs of the Solomon Islands signed an intergovernmental framework agreement on security cooperation. It is a first-of-its-kind arrangement that […]
Ukraine war has hit India’s bid to move away from coal: FM Subject: Environment Context- According to Finance Minister Nirmala Sitharaman, India’s transition away from coal as a fuel will be hampered by the Russia-Ukraine war. Concept- Panchamrit: India’s 5 Commitments On Climate Action At the CoP 26, India presented five nectar elements, […]
India’s Crude Oil Imports from OPEC Subject: IR Context- OPEC’s share of India’s oil imports for the FY22 financial year remained almost steady year-on-year, arresting sharp declines over the past six years, as refiners prefer crude from West Asia to counter rising global prices. Concept- India’s crude oil imports from OPEC: OPEC oil […]
Demolition drives violate international law Subject: Polity Context- Communal clashes broke out during Ram Navami processions in several parts of the country including at Khargone in Madhya Pradesh. Subsequently, the Madhya Pradesh government bulldozed the houses of those who were allegedly involved in rioting. Concept- The State government claims that these demolitions are […]