DPN Topics
GDP growth outlook and consumer sentiments down while Inflation up Subject :Economy Section: Inflation Context: Centre for Monitoring Indian Economy’s (CMIE) Economic Outlook, reports dip in consumer sentiments, along with elevated inflation and low growth outlook. CMIE Consumer sentiments Index This Consumer Pyramids survey are measured on the lines of the work done […]
Gresham’s law in action in Sri Lanka Subject :Economy Section: External Sector Context: The economic theory of Grisham’s law is being seen in action after Sri Lanka fixed exchange rate in dollar. Key Points: Gresham’s law refers to the dictum that “bad money drives out good.” Gresham’s law comes into play when the […]
RBI unveils revised investment portfolio guidelines for banks Subject: Economy Section: Monetary Policy Context: RBI unveils revised investment portfolio guidelines for banks. Key Points: Reserve Bank of India revised its guidelines on categorizing the investments by banks, to align them with global standards. The change in norms follow an RBI discussion paper issued […]
Lula rows back from comments that Brazil would not arrest Putin Subject :IR Section: International Organisation Context: President Luiz Inacio Lula da Silva rowed back on Monday from saying Brazil would ignore a war crimes arrest warrant for Russian leader Vladimir Putin, while saying he would review Brazil’s membership in the International Criminal […]
Kulasekarapattinam nervous about ISRO’s rocket launch station project Subject: Geography Section: Economic geography Context: The Indian space agency, ISRO, is all set to begin work on building the ₹950-crore greenfield rocket launch facility near the township of Kulasekarapattinam, 50 km south of Tuticorin, with the land acquisition process being almost complete. Kulasekarapattinam (Thoothukudi): […]
India and Saudi Arabia to expedite $50-billion west coast refinery project Subject: Geography Section: Economic geography Context: India and Saudi Arabia will set up a joint task force to explore early implementation of the west coast refinery project for which the Arabian nation will invest $50 billion. A monitoring committee will also be […]
The ancient history behind the maritime trade route between India and Europe Subject: IR Section: Place in news Context: The India-Middle East-Europe Economic Corridor announced at the G20 Summit. Details: This corridor resembles an ancient trade route between the subcontinent and the Roman Empire. The existence of this trade, which peaked in the […]
HAWAIIAN VOLCANO OBSERVATORY Subject: Geography Section: Physical geography Context: The USGS Hawaiian Volcano Observatory observed eruptive activity in Kīlauea summit. Details: An eruption has commenced within Halemaʻumaʻu crater and on the down dropped block to the east in Kīlauea’s summit caldera, within Hawai‘i Volcanoes National Park. Kīlauea: Location: Island of Hawaii (Southern part of the island) […]
Winners of India’s top science award announced, no women on the list Subject: Science and technology Section: Msc Context: Twelve “male” scientists have been awarded India’s top Shanti Swarup Bhatnagar Prize (SSB) for Science and Technology, 2022. About the SSB Award: Annual award named after Shanti Swarup Bhatnagar, the founder-director of CSIR. Announcement […]
Small island nations seek protection from ocean pollution, climate change Subject: Environment Section: Climate change Context: A landmark climate justice case will start its hearing in the United Nations maritime tribunal in Hamburg, Germany, on September 11, 2023. About the case: Regarded as the first climate justice case aimed at saving the ocean. […]