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Cryptocurrencies and Dollarisation of Economy

In News Recently, top officials of the RBI said that Cryptocurrencies can lead to “Dollarisation” of a part of the economy.  About the recent developments in Cryptocurrency sector Tax on trading: The Union Budget presented this year introduced a tax on trading in cryptocurrencies and related assets like non-fungible tokens (NFTs) at a flat 30 […]

Securing Road Safety

In Context Road safety is an important issue that needs to be tackled as the number of lives lost to road accidents per year is worrisome and the issue has not yet occupied the public’s imagination. About India’s socio-economic cost of road traffic accidents for the year 2019 was in the range of $15.71 billion […]

Extended Range Version of BrahMos missile

In News The Indian Air Force has successfully test-fired an extended-range version of BrahMos supersonic cruise missile in the Bay of Bengal. About BrahMos Joint Venture: It is a joint venture between the Defence Research and Development Organisation of India (DRDO) and the NPOM of Russia. Nomenclature: It is named after two important rivers; Brahmaputra […]

Shallow & Deep Ecologism

In News With prolonged heat waves, it becomes pertinent to learn about environmental philosophy that reinvent the relationship between nature and humans — shallow and deep ecologism. Background Heat waves are known to have been a reality for hundreds of years.  But the long-term effects of climate change have exacerbated them, making the waves more […]

RBI’s Gold acquisition and Declining FPI

In News Recently, India’s gold holdings have gone up to 760.42 tonnes, with the Reserve Bank of India (RBI) adding another 16.58 tonnes to the country’s foreign exchange. About the recent trend Declining FPI: Apart from gold acquisition, foreign portfolio investors (FPIs) were exiting India and forex reserves declined by $44.73 billion from $642.45 billion […]

HS200 Solid Rocket Booster For Gaganyaan

In News Recently, ISRO successfully tested  the HS200 solid rocket booster for the Gaganyaan programme. About HS200 It is a 20-metre-long booster with a diameter of 3.2 metres and is the world’s second largest operational booster using solid propellants.  The control system used in the HS200 booster employs one of the world’s most powerful electro-mechanical […]

Fertiliser Challenge

In News Recently, the war in Ukraine has disrupted fertiliser supply ahead of sowing for the Kharif season. Current scenario on Fertilisers Kharif season: The Kharif season is very crucial for India’s food security as it accounts for almost half the year’s production of foodgrains, one-third of pulses and about two-thirds of oilseeds. Therefore, a […]

Urban Heat Island

In Context Urban heat islands escalate the warming of weather. About Urban heat islands (UHI) occur when cities replace the natural land cover with dense concentrations of pavement, buildings, and other surfaces that absorb and retain heat. This effect increases energy costs associated with cooling and air-conditioning, air pollution levels, and heat-related illness and mortality. […]

IFPRI Report on Climate Change and Food Systems

In News Recently, the International Food Policy Research Institute (IFPRI) released a report on climate change and food systems.  About International Food Policy Research Institute (IFPRI) The International Food Policy Research Institute (IFPRI) provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries. Established in 1975, IFPRI currently has […]

Rise in Inflation

In News Recently, Inflation faced by Indian consumers shot up to a nearly eight-year high of 7.8% from 6.95%. About the recent trend in Inflation The National Statistical Office said rural inflation accelerated to 8.4% and urban parts of the country experienced 7.1% inflation. The Consumer Food Price Index jumped to 8.4% from 7.7%. Food […]

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