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Sea Dragon 22 Exercise

In News  India and five other nations begin anti-submarine exercise Sea Dragon 22 in the Pacific Ocean. It is being held at Andersen Air Force Base in Guam in the Western Pacific and it includes contingents from India, the US,  Australia,  Canada, Japan and South Korea. India, Japan, Australia and America are also part of […]

First Advance Estimates of economic output: NSO

In News  Recently, the National Statistical Office (NSO)  released the First Advance Estimates (FAE) for the current financial year (2021-22 or FY22).  What are the First Advance Estimates of GDP? It was first introduced in 2016-17, are typically published at the end of the first week of January.  They are the “first” official estimates of […]

Silver Line Project

In Context The Silver Line Project is being opposed by the Left Democratic Front (LDF)and environmentalists. According to them, It is financially unviable and would lead to the displacement of over 30,000 families.  It would cause great environmental harm as its route cuts through precious wetlands, paddy fields and hills. About Silver Line Project It […]

Clouded Leopard

In News  Recently, a team of researchers recorded photographic evidence of clouded leopards at an elevation of 3,700 metres in a community-owned forest along the Indo-Myanmar border in Nagaland. Image Courtesy: IE About Clouded Leopard Scientific Name : Neofelis nebulosa Description : It is a medium-sized cat, 60 to 110 cm long and weighing between […]

Domestic Systemically Important Banks (D-SIBs)

In  News  The Reserve Bank of India (RBI) announced that the State Bank of India (SBI), ICICI Bank and HDFC Bank will continue to be identified as Domestic Systemically Important Banks (D-SIBs). About Domestic Systemically Important Banks D-SIBs are financial institutions that are large enough where they cannot be allowed to fall. RBI places D-SIBs […]

Asian Waterbird Census (AWC)

In  News  Recently, the Asian Waterbird Census (AWC) found lower waterbird species diversity at East Delhi’s Sanjay Lake when compared to the count from the past three years. It is under way in parts of Delhi-NCR. Data from the census is expected to help with identifying and protecting areas that are important for waterbirds. Sanjay […]

Action Plan on Cheetah Introduction

In News An Action Plan regarding the introduction of the Cheetah in India was released in the 19th Meeting of the National Tiger Conservation Authority (NTCA) (Statutory Body).  Reintroduction Action Plan Under the plan, 50 Cheetahs will be introduced in the different National Parks in the country in a span of 5 years. Initially, translocating […]

Gold Imports in 2021

In Context India splurged a record $55.7 billion on gold imports in 2021 buying more than double the previous year’s tonnage. In volume, India imported 1,050 tonnes in 2021, the most in a decade, and far more than the 430 tonnes imported in 2020. A price drop favoured retail buyers and pent-up demand emerged for […]

Purchasing Managers’ Index (PMI)

In News  Purchasing Managers’ Index (PMI) for the services sector dropped for a second successive month in December 2021 to 55.5.  About Purchasing Managers’ Index (PMI) It is an index of the prevailing direction of economic trends in the manufacturing and service sectors. It is an economic indicator, which is derived after monthly surveys of […]

Dams Safety in India

In News A new Comptroller and Auditor General of India (CAG) report has warned that Gandhi Sagar Dam on Chambal River in Madhya Pradesh is in need of immediate repair. Key Findings of Report Problems faced by dams: Absence of regular checks  non-functional instruments Gandhi Sagar Dam was among the few of national importance to […]

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