- Recently, the Prime Minister of India penned a heartfelt tribute on the occasion of Bhupen Hazarika’s 99th birth anniversary.
- Teaching and Early Career: Hazarika briefly worked at All India Radio, Guwahati, and later as a lecturer at Gauhati University.
- He composed the university’s anthem Jilikaba Luitare Paar before moving to Kolkata to pursue music and cinema full-time.
- Music and Cultural Contributions: His music reflected nature, love, and fraternity, drawing richly from Assamese landscapes and tribal traditions.
- Songs like Bistorno Parare (inspired by Robeson’s Ol’ Man River) and Xoixobore Dhemalite captured both local beauty and universal struggles. Read More
Home / Daily Current Affairs / 08-09-2025
Daily Current Affairs – 8 September, 2025
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- India is the world’s fastest-growing major economy, with its annual GDP increase averaging 8.2% during 2021 to 2024, yet, it is not attracting commensurate foreign capital inflows.
- India is among the world’s fastest-growing major economies (GDP growth 7.4% in Jan–Mar 2025, 7.8% in Apr–Jun 2025).
- Despite this momentum, foreign capital inflows are declining, creating a “foreign capital paradox”.
- Normally, high growth attracts global investors. In India’s case, inflows are not commensurate with its growth performance. Read More
India’s Foreign Capital Paradox
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- 0% GST on vital goods/services: Basic food items, health and life insurance, educational materials, select medical devices.
- 33 life-saving drugs + 3 key cancer medicines have zero GST.
- For Consumers: Lower living costs and improved access to healthcare and education due to reduced or zero GST.
- For Businesses: Fewer slabs mean less confusion and classification disputes, promoting easier compliance.
- Lower GST rates for autos, durables, FMCG stimulate demand and encourage formalization of smaller enterprises.
- For Economy & Government: CPI inflation down by ~1.1 percentage points projected by experts, easing household budgets. Read More
Next-Gen GST Reforms to Take Effect from September 22
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Benefits of Key Changes
- The government has said the GST reforms will strengthen the cooperative sector, make their products competitive, increase demand for their products and increase the income of cooperatives.
- In the dairy sector: The tax on butter, ghee and similar products has been reduced from 12% to 5%.
- GST on milk cans made of iron, steel or aluminium has also been lowered from 12% to 5%.
- These measures will make dairy products more competitive, provide direct relief to dairy farmers, and strengthen women-led rural enterprises.
- GST on Tractors: The GST on tractors below 1800 cc has been reduced to 5%, which will make tractors more affordable and benefit not only crop farmers but also those engaged in animal husbandry and mixed farming. Read More
Impact of GST Reforms on Cooperative Sector
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- A new study by researchers has revealed how two fundamental building blocks of life, RNA (ribonucleic acid) and amino acids, could have joined together under conditions resembling those of early Earth about four billion years ago.
- Ribonucleic acid (RNA) is a fundamental biomolecule essential for life. It carries genetic information, helps in the synthesis of proteins, and performs catalytic and regulatory roles.
- While similar to DNA, it is chemically less stable and functionally more versatile.
- Nucleotides: RNA is made of nucleotides, each containing a phosphate group, a ribose sugar, and one of four nitrogenous bases.
- Single-stranded: Unlike DNA’s double helix, RNA usually exists as a single strand. However, it can fold into complex three-dimensional structures with loops and helices. Read More
RNA–Amino Acid Link on Early Earth
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What is Ribonucleic acid (RNA)?
- Recently, the birth anniversary of Sree Narayana Guru was observed.
- He was born in 1856 in Kerala into the Ezhava community, which faced severe caste disabilities.
- He was a saint, philosopher, and one of the foremost social reformers in modern India who challenged caste oppression and emphasized spiritual reform as the path to social reform.
- Sree Narayana Guru known for blending Advaita Vedanta with a call for social justice. Read More
