DPN
Pakistan delegation allowed access to Ratle power projects on Chenab river in J&K SUB: Geography SEC: Mapping Context: A five-member Pakistan delegation and neutral experts from the World Bank visited the Ratle power project on the Chenab River. The delegation also plans to inspect the 1,000-MW Pakal Dul hydroelectric project on the Marusudar […]
India’s Water Stress and Its Impact on Credit Profile SUB: Economy SEC: Indian economy Moody’s Rating and Warning: Current Rating: India is currently rated Baa3 stable by Moody’s, the lowest investment-grade rating. Warning: Moody’s cautions that India’s growing water shortage and frequent climate change-driven natural disasters could negatively impact the country’s sovereign credit […]
K-Shaped Recovery and Inflation Trends in India SUB: Economy SEC: National Income K-Shaped Recovery: K-shaped recovery refers to an uneven economic recovery where different sectors, industries, or groups within the economy recover at different rates. Current Situation: India’s economic recovery post-pandemic is described as K-shaped, driven by demand for higher-end goods and services. […]
India’s External Debt SUB: Economy SEC: External Sector Overall Debt and Growth: Total External Debt: $663.8 billion, an increase of $39.7 billion from March 2023. Debt-to-GDP Ratio: Declined to 18.7% from 19.0% in the previous year. Valuation Effect: Impact of Currency Appreciation: The appreciation of the U.S. dollar against the Indian rupee and […]
Daily Prelims Notes 26 June 2024 1. India’s External Debt SUB: Economy SEC: External Sector Overall Debt and Growth: Total External Debt: $663.8 billion, an increase of $39.7 billion from March 2023. Debt-to-GDP Ratio: Declined to 18.7% from 19.0% in the previous year. Valuation Effect: Impact of Currency Appreciation: The appreciation of the […]
Bank deposits are growing but how well are they protected? Sub: Economy Sec: Monetary Policy Context: With interest rates rising, deposits have grown. On an absolute basis, the year-on-year growth in value of insured deposits was 3.4 per cent from September 2022 to September 2023. The rise was higher in previous years at […]
Satnamis and their History of Protests Sub: History Sec: Art and Culture Context: A large group from the Satnami community in Chhattisgarh’s Baloda Bazar district engaged in extensive vandalism, setting fire to numerous vehicles, throwing stones at police officers, and burning down the Superintendent of Police office. The unrest stemmed from dissatisfaction with […]
India-UK FTA Negotiations Sub: Economy Sec: External Sector Visas Not a Priority Indian High Commissioner to the UK, Vikram Doraiswami, stated that visas are not the primary concern for India in the Free Trade Agreement (FTA) with the UK. Despite frequent British media reports emphasizing visa issues, India’s main focus lies elsewhere in […]
India’s Current Account Surplus in Q4 FY24 Sub: Economy Sec: External Sector India’s current account recorded a notable surplus of $5.7 billion (0.6% of GDP) in Q4 FY24, a significant turnaround from a deficit of $1.3 billion (0.2% of GDP) a year ago. This marks the first surplus after ten consecutive quarters of […]
Critical Minerals: First Six Blocks Awarded Sub: Geography Sec: External Sector Key Points: New Auction Tranche: Union Mines Minister G. Kishan Reddy introduced a fresh tranche of auctions for 21 blocks of critical and strategic minerals. First Six Blocks Awarded: Winners announced for six blocks from the first auction held last November. Mining […]