DPN Topics
Income and Wealth Inequality in India Subject: Economy Sec: National Income Historical Highs: India’s top 1 per cent income share in 2022-23 was 6 per cent. The top 1 per cent wealth share rose to 1 per cent. India’s top 1 percent income share is among the very highest globally, surpassing countries like […]
IMF’s bailouts to Pakistan Subject: IR Section: Int Organisation Amount and Agreement: Pakistan and the International Monetary Fund (IMF) reached a preliminary agreement for the release of $1.1 billion from a $3 billion The bailout was approved by the IMF in July to save Pakistan from defaulting on its debt repayments. Pakistan will […]
India’s Pursuit for Lowering Cross-Border Remittance Costs Subject: Economy Section: External Sector Proposal at WTO’s Ministerial Conference: India proposed lowering the cost of cross-border remittances at the WTO’s 13th Ministerial Conference in Abu Dhabi. The proposal aims to benefit low and middle-income countries, which accounted for 78% of remittances in 2023. Request to […]
Eliminating diseases, one region at a time Subject: Science and tech Section: Health Context: The Carter Center, a leader in the global elimination and eradication of diseases, recently reported that guinea worm disease was close to eradication. From 3.5 million cases a year in 21 countries in 1986, the number had come down […]
The big promise of small-scale LNG as fuel for India, with first SSLNG plant commissioned Subject: Science and tech Section: Msc Context: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri dedicated to the nation India’s first small-scale liquefied natural gas (SSLNG) unit at GAIL (India) Ltd’s Vijaipur complex in Madhya Pradesh. […]
On the mass kidnappings in Nigeria Subject: IR Section: Places in news Context: Nigeria is grappling with its most severe economic crisis in recent years, compounded by a surge in kidnappings, especially in its northern region. What is the latest crisis? The latest crisis in Nigeria involves a series of mass abductions attributed […]
NASA craft that diverted space rock also dented it Subject: Science and tech Section: Space Context: NASA’s DART spacecraft successfully altered the trajectory and shape of the asteroid Dimorphos in 2022, demonstrating a potential method to protect Earth from celestial threats. Details: Pre-collision, Dimorphos resembled a plump ball; post-impact, its shape changed to […]
Right whales may never breed after run-ins with fishing gear Subject: Environment Section: Species in news Context: In late January 2024, federal regulators discovered a deceased North Atlantic right whale near Martha’s Vineyard, Massachusetts. Details: This incident highlights the grave threat fishing gear entanglement poses to the critically endangered North Atlantic right whale […]
GeM Encouraging Start-ups and Small Enterprises Subject: Schemes Section: Economy The Government e-Marketplace (GeM), the Union government’s procurement portal, is actively working to promote the participation of start-ups and small enterprises as sellers. Inclusion of Start-ups: Since its inception, almost 23,000 start-ups have registered on the GeM platform. GeM has been a successful […]
Bank of Japan Raises Interest Rates After 17 Years Subject: Economy Section: Monetary Policy In a significant move, Japan’s central bank, the Bank of Japan (BOJ), has raised its benchmark interest rate for the first time in 17 years. Policy Shift: The BOJ has ended its policy of negative interest rates, which were […]