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India’s growing water crisis

In News  Recently ,it has been observed that Rural-urban water disputes are very likely to occur as scarcity grows, exacerbated by climate change Major Points  UNESCO report : The UNESCO United Nations World Water Development Report of 2022 has encapsulated global concern over the sharp rise in freshwater withdrawal from streams, lakes, aquifers and human-made […]

Exercise Kakadu

In News INS Satpura and a P8 I Maritime Patrol Aircraft of the Indian Navy reached Darwin in Australia, for participation in the multinational Exercise Kakadu – 2022, hosted by the Royal Australian Navy(RAN). Exercise Kakadu 2022 About: The exercise Kakadu is the RAN’s flagship biennial regional International engagement activity and has grown in size […]

Artificial Sun

In News Recently, South Korean scientists created an ‘artificial sun’ in pursuit of unlimited clean energy. More about the news About: Scientists from Seoul National University and the Korea Institute of Fusion Energy have made a major breakthrough in their pursuit of clean nuclear energy by creating an ‘artificial sun’ at the Korea Superconducting Tokamak […]

Natural Rubber (NR) Plantation

In News  The price of natural rubber (NR) has crashed to a 16-month low of ?150 per kg (RSS grade 4) in the Indian market. The current fall in prices is attributed primarily to a weak Chinese demand and the European energy crisis, along with high inflation and an import glut, among other things About […]

Windfall Tax

In News  Recently, the Ministry of Finance defended the windfall tax imposed by the Centre on domestic crude oil producers, saying that it was not an ad hoc move but was done after full consultation with the industry. About Windfall tax It was introduced in 2022. Windfall taxes are designed to tax the profits a […]

SATAT Initiative

In News  The Indian Biogas Association has recommended setting up testing labs in all States in the next two years to achieve the Sustainable Alternative Towards Affordable Transportation (SATAT) target, which aims to establish 5,000 compressed biogas (CBG) plants by 2025. About ‘SATAT’  ‘SATAT’ (Sustainable Alternative Towards Affordable Transportation) scheme on Compressed Biogas (CBG) was […]

Unemployment in India

In News Recently, the Centre for Monitoring the Indian Economy (CMIE) released data stating that India’s unemployment rate in August 2022 rose to 8.3%. Key Findings Highest Unemployment Rate:  This is the highest unemployment rate in the past 12 months. In August 2021, the unemployment rate was 8.35%. Unemployment rate in rural and urban areas: […]

Why India Needs to Urgently Invest in its Patent Ecosystem?

In News Recently the report “Why India Needs to Urgently Invest in its Patent Ecosystem?” was released by the Economic Advisory Council to the Prime Minister (EAC-PM). Report Highlights About: The report underlines the significance of a robust patent system for a knowledge economy and for the promotion of technological innovations.  Share of Indians in […]

Eco Sensitive Zone

In News Recently, Supreme Court quashed a plea against Gadgil, Kasturirangan reports. More about the news PIL: Public interest litigation (PIL) had challenged the Madhav Gadgil and K Kasturirangan Committees demarcating an area of 56,825 square kilometres spread across six states as the Western Ghats Ecologically Sensitive Area (ESA). The six states are Gujarat, Maharashtra, […]

G7’s Price Cap on Russian Oil

In Context The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s ability to fund its invasion of Ukraine. About Russian crude is priced at a discount and the G7 and EU want to cap the price, to keep down Russian oil revenue. G7 and […]

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