Headlines of the day 02-06-2023

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    Syllabus

    Key points to know

    Emergence of P2P lending: When banking meets risk

    Mint 

    Page 11

    GS-3/Economy

    • Peer-to-peer (P2P) lending emerging as an alternative investment avenue
    • P2P lending operates via two avenues

    Creating standardization in Ayush 

    All India Radio

    GS-2/Health

    • BIS has notified 31 Indian standards related to Ayush
    • Ayush Systems

    Government launches Electronics Repair Services Outsourcing

    All India Radio

    GS-3/Economy

    • ERSO Pilot initiative launched by Ministry of Electronics and Information Technology
    • What are its key objectives

    PM congratulates the team of AIIMS Nagpur to receive the NABH accreditation

    PIB

    GS-2/Health

    • AIIMS Nagpur becomes the 1st AIIMS to receive the NABH accreditation
    • NABH is a constituent board of Quality Council of India

    Department of Animal Husbandry and Dairying celebrates World Milk Day and Summer Meet

    PIB

    GS-3/Economy

    • World Milk Day was first established by the FAO of the United Nations in 2001
    • India is the largest producer of milk in the world, contributing 24% of global milk production 

    Central Asian foreign policy multi-vectorism pays off

    The Hindu Page 8

    GS-2/IR

    • C+C5 summit / ‘Xi’an Declaration
    • The next summit will be held in Kazakhstan in 2025

    Who should own the world’s lithium?

    The Hindu Page 10

    GS-3/Eco, S&T

    • What is the status of India’s lithium industry? 
    • Who should own these minerals? Supreme court ruling of 2013
    • How big is India’s electric vehicle market?

    India, Nepal sign pacts on energy, transport 

    The Hindu Page 12

    GS-2/IR

    • Nepal to export power to Bangladesh via India 
    • Multiple pacts signed as part of Premier Dahal’s visit to India

    Sedition law can be retained but with safeguards: Law Commission

    The Hindu Page 14

    GS-2/Polity

    • Section 124A of the Indian Penal Code (IPC) deals with the offence of sedition
    • The Law Commission said sedition being a ‘colonial legacy’ is not a valid ground for law repeal but in view of the misuse of Section 124A

    ‘Telangana model’ of governance now available to all, says KCR as state enters 10th year of formation

    Indian Express Page 1

    GS-1/History

    • 1948: Indian Army annexes princely state of Hyderabad, which comprised different regions including Telangana.
    • 1969: ‘Jai Telangana’ movement for separate statehood to Telangana began
    • June 2, 2014: Telangana became 29th state.

    BRICS that could be bigger

    Indian Express Page 20

    GS-2/IR

    • BRICS — a grouping comprising Brazil, Russia, India, China and South Africa
    • As many as 19 countries are said to be in the queue to join BRICS

    Deccan Queen

    Indian Express Page 20

    GS-3/Economy

    • Deccan Queen completed 93 years of service
    • The first deluxe train introduced in Central Railway