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Rise in GST Revenues

In News  The Gross Goods and Services Tax (GST) revenue in February was 26% higher than pre-pandemic levels, the Finance Ministry said. About the latest trend Revenues from import of goods were 38% higher year-on-year. Revenues from domestic transactions (including import of services) were 12% higher than the revenues from these sources during 2021. A […]

Defence Deliveries Amidst Russia-Ukraine War

In Context India faces uncertainty over timely deliveries of defence supplies in the near future due tensions escalating between Russia and the West over the Ukraine crisis. About  Russia is the second largest arms exporter in the world, following only the United States.  In the five-year period between 2016 and 2020 America’s share in the […]

NSE Co-location Scam

In Context The Antonov An-225, has been “destroyed” in an attack on its base at Hostomel/Gostomel airport in Ukraine. Antonov An-225 About: Known formally as the “Cossack”, its North Atlantic Treaty Organisation (NATO) operating code, the world knew the “super-heavy transport plane” better by its Ukrainian name, “Mriya”, or “the Dream”. The 6-engine 84-metre-long Antonov […]

Index of Eight Core Industries

In News The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT) has released the Index of Eight Core Industries (ICI). About Index of Industrial Production (IIP) It is a composite indicator that measures the growth rate of industry groups classified under: Broad sectors, namely, Mining, Manufacturing, and Electricity. Use-based sectors, […]

PM Gati-Shakti National Master Plan

In News Recently, the Prime Minister of India urged State governments as well as the private sector to adopt the Gati Shakti portal to plan infrastructure projects and develop special economic zones. About  The PM emphasised to make the PM Gati-Shakti National Master Plan as base for their projects and economic zones.  The government has […]

Part II of IPCC’s Sixth Assessment Report

In News  Recently, the Intergovernmental Panel on Climate Change (IPCC), released the second part of its sixth assessment report.  This second part of the report is about climate change impacts, risks and vulnerabilities, and adaptation options. About The first part of this report, on the physical science of climate change in 2021. It had warned […]

NSE Co-location Scam

In News The issue of co-location has come into the limelight once again in the wake of the latest order by the market’s regulator sanctioning former National Stock Exchange (NSE) MD and CEO over decisions taken by her under the alleged influence of a mysterious ‘yogi’. About Meaning: Co-location facilities are certain dedicated spaces in […]

Advanced Medium Combat Aircraft (AMCA)

In Context  India and France are close to concluding a deal, likely in the next couple of months, for the joint development of a 125 KN engine for the indigenous fifth generation Advanced Medium Combat Aircraft (AMCA) under development The collaboration is between the Defence Research and Development Organisation (DRDO) and French engine maker Safran. […]

National Science Day 2022

In Context  India is celebrating National Science Day on February 28  About  National Science Day, observed on February 28, marks the discovery of the Raman Effect, in the year 1928. The Government of India designated 28 February as National Science Day (NSD) in 1986.  On this day,In the year 1928, CV Raman discovered the Raman […]

Dugong Conservation Reserve

In News Marine biologists have welcomed the Tamil Nadu government’s recent decision to go ahead with the establishment of a conservation reserve for the elusive dugong. About Location: Dugong conservation reserve would be established in the Gulf of Mannar, Palk Bay between India and Sri Lanka. Dugong  Also called the Sea Cow. In an interesting […]

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