Source: Business Standard Relevance: Cryptocurrency is an emerging sector. As a UPSC aspirant one needs have knowledge about its pros and cons. Synopsis: Use of cryptocurrencies for ransomware attacks by hackers and related challenges. Must Read: What is a ransomware? Contents1 How is crypto used in cybercrime?2 What makes crypto attractive to criminals?3 Can payments… Continue reading How cryptocurrency turbocharged the cybercrime racket: Explained
Category: 9 PM Daily Articles
How India and China are shaped by the idea of national humiliation
Source: Indian express Relevance: China used its historic national humiliation for strengthening the country. However, India could not do that due to the prevalence of inequality. Synopsis: China uses national humiliation to legitimise authoritarian rule. Whereas, India’s lack of egalitarianism(Equality) makes it harder for national humiliation to be owned equally. How China used the idea… Continue reading How India and China are shaped by the idea of national humiliation
Gauging pandemic mortality with civil registration data
Source: The Hindu Synopsis: The Civil Registration System (CRS) is still an imperfect system, with potential sources of error. Background Recently, Indian journalists from across the country assessed and reported on State-level all-cause mortality from the Civil Registration System (CRS) of various states. The data shows a large rise in excess mortality in the surge… Continue reading Gauging pandemic mortality with civil registration data
With no subsidy, cooking fuel burns a hole in consumers’ pocket
Source: Business Standard Relevance: Price of LPG cylinders is increasing after the removal of subsidy. Synopsis: Government’s cut on LPG subsidies will adversely affect nearly 290 million households with LPG connections. What is the issue? Lack of global demand due to lockdowns had led to a crash in both prices of crude oil and petroleum… Continue reading With no subsidy, cooking fuel burns a hole in consumers’ pocket
Will a national judiciary work?
Source: The Hindu Relevance: The article analysis the idea of an All India Judicial Service through various judgments and recommendations of committees. Synopsis: The idea of an All India Judicial Service (AIJS) is surrounded by impairment of federal powers, language barriers, and debatable efficacy in addressing pendency. Thus, a cautious analysis needs to be done… Continue reading Will a national judiciary work?
Crafting a unique partnership with Africa
Source: The Hindu Relevance: African region is full of untapped opportunities. China has made a strong base in the region. India can also make use of this opportunity. Synopsis: The African continent presents an opportunity for enhancing India- Africa ties in the domain of agriculture. India should proactively provide funds and other resources to unleash… Continue reading Crafting a unique partnership with Africa
Haircuts and Settlements
Source: Business Standard Relevance: The insolvency and Bankruptcy Code (IBC) is an important mechanism to protect the economy from NPA and failed businesses. Any issue in this mechanism will act as a big hurdle in the economic development of the country. Synopsis: The Insolvency and Bankruptcy Code (IBC) allows for a system of haircuts and… Continue reading Haircuts and Settlements
In 2020, wildlife board cleared land diversion for 48 projects
Source: TOI What is the News? According to a report, the Standing Committee of the National Board for Wildlife (SC-NBWL) had approved the diversion of around 1,792 hectares of wildlife habitat in protected areas. What are the projects cleared by the Standing Committee of the National Board for Wildlife(SC-NBWL)? The SC-NBWL had considered 82 proposals,… Continue reading In 2020, wildlife board cleared land diversion for 48 projects
Three economic risks in need of mitigation plans
Source: Live Mint Synopsis: RBI’s Financial Stability Report listed Inflation, a reversal of capital inflow, and lenders’ mounting bad assets are all listed as potential threats. All three should be avoided. Introduction Many central banks throughout the world have recently taken various measures to deal with economic pressures. Markets have become agitated as a result… Continue reading Three economic risks in need of mitigation plans
Why liberal democracies have a distinct edge on cyber capability
Source- Live Mint Synopsis – Key finding of Cyber Capabilities and National Power Reports. Relevance – Cyber capability is a new domain of competition among nations. The report ranks countries, which will provide a clear picture of, how capable are countries in this domain. Introduction- The International Institute of Strategic Studies net assessment of Cyber Capabilities… Continue reading Why liberal democracies have a distinct edge on cyber capability
