DPN Topics
MPC may hike repo rate by 25 bps before a pause Subject: Economy Section: MONETARY POLICY Context: Against the global balancing act between hiking interest rates, withdrawing systemic liquidity and the series of recent bank failures, the Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to raise the policy rate by another 25 bps in its first bimonthly monetary policy for FY24, taking cognizance of the contagion impact on the Indian economy Can policy rate hikes alone control inflation? Inflation numbers for the first two months of 2023 have once again crossed the 6 per cent barrier […]
Sudan factions delay post-coup deal on civilian rule Subject: International relations Section: MSc Context: Sudanese leaders have postponed the signing of an agreement planned for Saturday to resume a short-lived democratic transition, an official has said, amid continued disagreement between military factions.
IMF approves $15.6billion loan to Ukraine Subject: International Relations Section: International Organisation Context: The International Monetary Fund (IMF) has approved a $15.6bn support package for Ukraine to assist with the conflict-hit country’s economic recovery, the fund has said. The Russian invasion has devastated Ukraine’s economy, causing activity to contract by around 30 percent […]
Kalakshetra teacher booked for harassment, its director gets panel summons Subject : History Section: Art and culture Context: Kalakshetra teacher booked for harassment, its director gets panel summons Concept: Kalakshetra Foundation is an arts and cultural academy dedicated to the preservation of traditional values in Indian art and crafts, especially in the field […]
India and Malaysia can now use Indian rupee to settle trade, says MEA Subject: Economy Section: External Sector What has happened? India and Malaysia have agreed to settle trade in the Indian rupee, the Ministry of External Affairs announced on Saturday How it will happen? The India International Bank of Malaysia(IIBM) has already operationalized […]
Great Nicobar Project Subject : Environment Section: Places in news Concept : Great Nicobar Development Plan, spread over 166 sqkm of the 910 sqkm island, is an under-construction mega infrastructure project for the southern tip of Great Nicobar Islandin Andaman Sea of India. Budget for the project is estimated to be around 72,000 […]
Can countries be sued over climate change? Subject : International Relations Section: International Organisation Concept : The International Court of Justice (ICJ) has been asked to provide an opinion on what kind of obligations countries have towards climate change reduction, based on the promises they have made to the UNFCCC. Details Recently, the […]
Intergalactic stream of cosmic carbon feeding massive galaxy Subject : Science and technology Section: Space technology Concept : Radio telescope observations have revealed a cold stream of intergalactic atomic carbon gas feeding star formation in a massive radio galaxy in the young Universe. The findings provide observational evidence supporting theoretical cosmological models and […]
IACS’s novel compound treats drug-resistant kala-azar infection Subject : Science and technology Section: Health Concept : Researches at Indian Association for the Cultivation of Science (IACS) has done a experimental work in mice which has shown novel quinoline derivative to be effective in sharply reducing the load of leishmaniasis, also called kalaazar (black […]
Chennai Andaman & Nicobar Islands (CANI) Cable Subject : Science and technology Section: Awareness in IT and Computers Concept : The undersea cable between the Andaman and Nicobar Islands and Chennai, connecting the Union Territory to global Internet, has seen a reasonable level of interest from telecom operators. Telecom operators have to buy […]