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Extended Fund Facility EFF

In News  The staff-level talks between Pakistan and the International Monetary Fund (IMF) concluded for the seventh and eighth review under Extended Fund Facility (EFF).  About Extended Fund Facility (EFF) It was established to provide assistance to countries experiencing serious payment imbalances because of structural impediments or slow growth and an inherently weak balance-of-payments position. […]

Padmanabhaswamy Temple

In News Recently, the Supreme Court extended the time for completion of the special audit of 25 years of accounts of Sree Padmanabhaswamy temple and its trusts to August 31, 2022. About Padmanabhaswamy temple The origin of the Temple of Sree Padmanabhaswamy is lost in antiquity.  Some Historians say the temple dates back to the […]

Zero coupon, zero principal bond

In News Recently, the Finance Ministry has declared zero coupon zero principal instruments (ZCZP) as securities for the purposes of the Securities Contracts (Regulation) Act, 1956. About It will help many organisations including corporates to utilise their fund marked for social responsibility and also help non-profit organisations to get funds in a more transparent manner.  […]

Bonalu Festival

In Context Bonalu is an annual festival celebrated in twin cities Hyderabad and Secunderabad, and parts of Telangana. About the Festival The festival is dedicated to Goddess Mahakali, as ber belief, a ferocious avatar of Goddess Durga. The word “Bonam” signifies a meal or a feast in Telugu.  During this, the devotees offer rice cooked […]

Weather Modifications & its Impacts

In Context China conducted over half a million weather-modification operations between 2002 and 2012. More about the news China has frequently made use of cloud seeding technologies to relieve droughts or clear the air ahead of major international events. It has also been building a weather modification system in the Qinghai-Tibet plateau, Asia’s biggest freshwater […]

Global Platform for Disaster Risk Reduction 2022

In Context Recently, the Global Platform for Disaster Risk Reduction, 2022 (GP 2022) took place in Indonesia. About The theme of 2022 was ‘From Risk to Resilience: Towards Sustainable Development For All in a COVID-19 Transformed World’.  It is an important first milestone in the mid-term review of the Sendai Framework for Disaster Risk Reduction […]

Yield inversion, Soft-landing and Reverse Currency wars

In News Recently, with the US inflation rate at 9.1%, the highest in 40 years, it is significant to take a look at these key terms. Background Inflation in the US: the inflation rate for June came in at 9.1 per cent. This is the highest in 40 years in the US. There is a […]

Mangal Pandey

In News Prime Minister paid tributes to the hero of Sepoy Mutiny Mangal Pandey on his birth anniversary. He spearheaded the 1857 sepoy mutiny against unjust British rule and inspired many to join the freedom struggle.  About Mangal Pandey Early Life: He was born on July 19, 1827, in a town near Faizabad, what is […]

Himalayan Glaciers resisting Global Warming

In News Recently, researchers have taken a significant leap toward solving the mystery of why few pockets of glaciers in the Karakoram Range are resisting glacial melt due to global warming The study was supported by the Climate Change Programme of the Department of Science and Technology. Key Findings Glaciers are fast receding under the […]

Indian Express

Indian Express Subject  Pg No  Headlines Relevance for Prelims and Mains   GS 2   3   Murmu thanks NDA MPs, says tribal community is ‘excited (Polity and Governance) Know about elections process of President of India and constitutional provisions related to it GS 3 3   Commodity prices’ fall can help India escape global inflation […]

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