DPN
Households Rebuild Financial Savings: Insights from address of RBI Deputy Governor Patra Sub: Eco Sec: Indian Economy Rising Financial Savings Among Households: Households have started to rebuild their financial savings, driven by rising incomes. Financial savings had dropped significantly from their levels in 2020-21 due to shifts towards physical assets like housing and […]
How can biotechnology be harnessed for economic development? Sub: Sci Sec: Biotechnology BioE3 Policy: The Centre has introduced the BioE3 (Biotechnology for Economy, Environment, and Employment) policy to: Revolutionize industrial and manufacturing processes Promote sustainability and environmental friendliness Develop manufacturing methods mimicking natural biological systems Advance the industrialization of biology for economic growth […]
Swiss Franc Carry Trade and Safe-Haven Rally Risk Sub: Eco Sec: External sector Swiss Franc as a Funding Currency: The Swiss franc (CHF) is being increasingly used by investors to fund carry trades, a strategy where traders borrow low-interest currencies and swap them to invest in higher-yielding assets. This is due to the […]
India Weighs Russia’s Alternative to SWIFT: Pros and Cons Sub: Eco Sec: External sector Russia’s Proposal: Russia has proposed that India use its own financial messaging mechanism as an alternative to the SWIFT global network. This proposal is aimed at facilitating rupee-rouble trade settlement between the two countries. RBI’s Assessment: The Reserve Bank […]
Need to Prevent Market Dominance in Policy Discourse: Insights from Chief Economic Adviser Sub: Eco Sec: Monetary Policy Why in News? The Chief Economic Adviser (CEA) of India, Anantha Nageswaran, recently cautioned against the increasing dominance of financial markets in policy and macroeconomic outcomes. His comments, made at the CII Financing 3.0 Summit […]
Digital Agriculture Mission: A Transformative Step Towards Smart Farming Sub: Schemes Sec: Agriculture Why This is in News The Union Cabinet recently approved the Digital Agriculture Mission with a budget allocation of ₹2,817 crore. This mission aims to create robust Digital Public Infrastructure (DPI) in the agricultural sector, integrating data and information on […]
NIAB using next-generation sequencing for genetic print of Indigenous cattle Sub: Sci Sec: Biotech Genetic Conservation of Indigenous Cattle Breeds: The National Institute of Animal Biotechnology (NIAB) is working to decode the genetic blueprints of indigenous cattle breeds using Next Generation Sequencing (NGS) and genotyping technology. Goal: Establish molecular signatures for registered cattle […]
Daily Prelims Notes 3 September 2024 Table Of Contents NIAB using next-generation sequencing for genetic print of Indigenous cattle Digital Agriculture Mission: A Transformative Step Towards Smart Farming Need to Prevent Market Dominance in Policy Discourse: Insights from Chief Economic Adviser India Weighs Russia’s Alternative to SWIFT: Pros and Cons Swiss Franc Carry […]
De-hyphenating Rice-Wheat: Addressing India’s Divergent Grain Challenges Sub : Sci Sec: Biotech Why This is in News India is currently facing distinct challenges with its two major cereals—wheat and rice. While wheat production is grappling with multiple constraints, rice is experiencing a surplus problem. This divergence necessitates a re-evaluation of policies and strategies […]
How Telegram CEO Pavel Durov’s arrest in France could possibly upend ‘safe harbour’ protection Sub: Sci Sec: Awareness in IT Context: Telegram CEO Pavel Durov was arrested by the French police and charged with multiple offences. This has raised questions about the safe harbour provision given to social media platforms. What are the […]