DPN
Up to a Trillion Cicadas Are About to Emerge in the U.S. Subject: Environment Section: Species in news Context: Two periodical cicada broods are appearing in a 16-state area in the Midwest and Southeast for the first time in centuries. More on news: In a rare occurrence, a trillion cicadas from two different […]
Growth in India’s Stock Market Subject: Economy Section: Capital markets Record Market Capitalization: India’s stock market achieved a significant milestone with a combined market capitalization of over Rs 400 trillion for all BSE-listed firms. This milestone was reached in just 9 months, marking the shortest period for a Rs 100 trillion market cap […]
Supreme Court Hearing on Karnataka’s Plea for Drought Assistance Subject: Polity Section: Federalism Karnataka Government’s Plea: The plea, filed through advocate DL Chidananda, urges the Supreme Court to direct the Centre to release financial assistance from the National Disaster Response Fund (NDRF) for drought management. It seeks a declaration that the failure to […]
Suggestions for GST Reform by Vijay Kelkar Subject: Economy Section: Fiscal policy Single GST Rate: Kelkar suggests introducing a single GST rate system of 12% across the country. This move aims to simplify the GST structure, reducing complexity. Constitutional Amendment: He proposes a constitutional amendment for equitable sharing of GST proceeds. The sharing […]
Rising Household Debt Levels in India Subject: Economy Section: National Income Current Status: India’s household debt levels have reached an all-time high of 40% of Gross Domestic Product (GDP) by December 2023. Net financial savings had likely dropped to their lowest level at around 5% of GDP during the same period. Motilal Oswal […]
Daily Prelims Notes 9 April 2024 Table Of Contents Rising Household Debt Levels in India Suggestions for GST Reform by Vijay Kelkar Supreme Court Hearing on Karnataka’s Plea for Drought Assistance Growth in India’s Stock Market Up to a Trillion Cicadas Are About to Emerge in the U.S. Why VVPAT was brought in, […]
Three new dedicated freight corridors on track Subject: Geography Section: Eco geography Context: The Indian Railways plans to introduce at least three more dedicated freight corridors, including commodity-specific routes, to enhance freight movement and allocate regular tracks more efficiently for passenger trains. Details: These corridors will span the east coast, north-south, and east-west […]
U.S., Britain, Australia weigh expanding AUKUS security pact to deter China Subject: IR Section: Int Grouping Context: The U.S., Britain, and Australia plan to start discussions on including new members into their AUKUS security pact, with an emphasis on Japan joining as a countermeasure against China. Details: The Defense Ministers of these countries […]
Kerala might move SC against Governor on SHRC chief’s appointment Subject: Polity Section: National Body Context: The Kerala government intends to hold Governor Arif Mohammed Khan accountable for casting suspicion on the judiciary and former Chief Justice S. Manikumar by delaying the appointment of Manikumar as the chairperson of the Kerala State Human […]
How PMLA got its sharp teeth? Subject: Polity Section: Legislation in news Context: BRS leader K. Kavitha was produced at Rouse Avenue Court in connection with the Delhi excise policy-linked money laundering case. More on news: In 2023, Delhi High Court granted bail to 49-year-old Preeti Chandra, wife of Sanjay Chandra, who was […]