DPN
India Needs 75 Years to Reach a Quarter of US Per Capita GDP: World Bank Sub: Eco Sec: National Income Current Trends and Comparisons: Projection: At current trends, India will take 75 years to reach a quarter of the United States’ per capita GDP, as per the World Development Report 2024 by the […]
Daily Prelims Notes 2 August 2024 Table Of Contents India Needs 75 Years to Reach a Quarter of US Per Capita GDP: World Bank Govt to Decide Fate of Sovereign Gold Bond Scheme by September As Rate Cuts Near, Investors Assess Fed’s Soft-Landing Strategy Above-normal rain expected in August and September, says IMD […]
Daily Prelims Notes 1 August 2024 Table Of Contents What was Madhav Gadgil-panel report which recommended no urbanisation on Western Ghats? ‘Zombies’ in our genes helped us evolve, and could help fight cancers Tanzania Evicting Tens of Thousands Of Maasai: HRW How can people across the Indian Subcontinent prevent fatal encounters with sloth […]
Bank of Japan Raises Interest Rate for Second Time in 17 Years Sub: Eco Sec: monetary policy Interest Rate Increase Interest Rate: Raised to 0.25% from 0% to 0.1%. This is the second rate hike in 17 years, following the first in March 2023. Monetary Policy Adjustment The BoJ plans for further rate […]
Migrants seeking refuge in Italy could be taken to Albania pending asylum decisions Subject: IR Sec: Places in news Context: Migrants rescued at sea while attempting to reach Italy may see themselves transported to Albania beginning next month while their asylum claims are processed, under a controversial deal in which the small Balkan […]
Haniyeh’s death means for Israel-Iran rivalry Subject: IR Sec: Places in news Context: Israel carried out a massive air strike on Hodeidah, the Red Sea port city in Yemen, that is controlled by the Houthi militia, in response to a drone attack by the Houthis that had hit Tel Aviv. More on News: […]
SEBI Tightening May Impact F&O Volumes and Earnings of Bourses Sub: Eco Sec: Capital market Background: The Securities and Exchange Board of India (SEBI) has proposed measures to curb excessive trading in equity derivatives. Potential Impact: Reduction in F&O Volumes: The proposed regulations could lead to a 30-40% reduction in equity derivatives volumes. […]
Surge in India’s Mineral Imports Sub: Eco Sec: External Sector Overview: India has experienced a significant increase in its major mineral imports, with an almost 80% rise in value terms over the past five years, reaching ₹68,633 crore in FY24. However, there was a 2% year-over-year decrease from ₹70,125 crore in the previous […]
Bank Credit Growth and Loan Trends Sub: Eco Sec: Monetary Policy Overall Bank Credit Growth Decline in Growth: Reduced to 13.9% as of June 30, 2024, from 16.3% in June 2023. Non-Food Credit: Total stands at ₹163.46 lakh crore. Credit Card Outstanding Increase: Up by ₹51,000 crore to ₹273,044 crore. Growth Rate: Slowed […]
How can people across the Indian Subcontinent prevent fatal encounters with sloth bears? Learn from species’ behaviour towards tigers, advise scientists Sub: Env Sec: Species in news Sloth Bear: The sloth bear, also known as the Indian bear, is native to the Indian subcontinent and is the only species in the genus Melursus. […]