Why has the RBI withdrawn Rs 2,000 notes?

Source: The post is based on the article “Why has the RBI withdrawn Rs 2,000 notes?” published in Indian Express on 20th May 2023 Contents1 What is the News?2 When were Rs 2000 denomination banknotes introduced?3 Why are Rs 2000 denomination banknotes being withdrawn now?4 Will the Rs 2000 banknotes continue to be legal tender?5… Continue reading Why has the RBI withdrawn Rs 2,000 notes?

Supreme Court empowered Delhi govt, Centre gets ordinance to put bureaucrats over CM

Source: The post is based on the article “Supreme Court empowered Delhi govt, Centre gets ordinance to put bureaucrats over CM” published in Indian Express on 20th May 2023 What is the News? The President of India has Promulgated the Government of National Capital Territory of Delhi (Amendment) Ordinance, 2023. What are the key provisions… Continue reading Supreme Court empowered Delhi govt, Centre gets ordinance to put bureaucrats over CM

RBI to join GFIN’s Greenwashing TechSprint to tackle ESG risks

Source: The post is based on the article “RBI to join GFIN’s Greenwashing TechSprint to tackle ESG risks” published in The Hindu on 17th May 2023 Contents1 What is the News?2 What is Greenwashing?3 What is Global Financial Innovation Network(GFIN)?4 What is GFIN Greenwashing TechSprint? What is the News? The Reserve Bank of India has… Continue reading RBI to join GFIN’s Greenwashing TechSprint to tackle ESG risks

Centre pushes vaccination as lumpy skin disease ravages cattle again

Source: The post is based on the article “Centre pushes vaccination as lumpy skin disease ravages cattle again” published in The Hindu on 18th May 2023 Contents1 What is the News?2 What is Lumpy Skin Disease?3 What are the economic implications of Lumpy Skin Disease?4 What is Lumpi-ProVacInd Vaccine? What is the News? Around 10,000… Continue reading Centre pushes vaccination as lumpy skin disease ravages cattle again

International credit card spends outside India will attract 20% TCS: How cardholders may be impacted

Source: The post is based on the article “International credit card spends outside India will attract 20% TCS: How cardholders may be impacted” published in Indian Express on 19th May 2023 What is the News? The Central Government has amended rules under the Foreign Exchange Management Act (FEMA) to bring international credit card spending outside… Continue reading International credit card spends outside India will attract 20% TCS: How cardholders may be impacted

Elections and the airwaves

Source: The post is based on the article “Elections and the airwaves” published in The Hindu on 19th May 2023 Contents1 What is the News?2 What is the rationale behind giving free airtime on public broadcasters to National and State parties?3 What is the process of allocating free airtime to public broadcasters?4 What is the… Continue reading Elections and the airwaves

Supreme Court upholds Tamil Nadu law passed to overturn court’s jallikattu ban

Source: The post is based on the article “Supreme Court upholds Tamil Nadu law passed to overturn court’s jallikattu ban” published in TOI on 19th May 2023 Contents1 What is the News?2 What is Jallikattu?3 What is Kambala?4 What was the issue before the Supreme Court?5 What did the SC rule on the amendments made… Continue reading Supreme Court upholds Tamil Nadu law passed to overturn court’s jallikattu ban

What are RBI regulations on green deposits?

Source: The post is based on the article “What are RBI regulations on green deposits?” published in The Hindu on 19th May 2023 Contents1 What is the News?2 What are Green Deposits?3 What is the purpose of RBI’s regulatory framework on green deposits? 4 What does RBI’s regulatory framework on green deposits provide for?5 Will Green… Continue reading What are RBI regulations on green deposits?

BL Lacertae: Observations from 11 global telescopes lead to detection of the brightest flare of a century-old blazar

Source: The post is based on the article “Observations from 11 global telescopes lead to detection of the brightest flare of a century-old blazar” published in PIB on 18th May 2023 What is the News? The brightness of BL Lacertae (BL Lac), a blazar discovered almost a century ago has been found to have reached… Continue reading BL Lacertae: Observations from 11 global telescopes lead to detection of the brightest flare of a century-old blazar

Key climate threshold likely to be breached in 5 years: UN

Source: The post is based on the article “Key climate threshold likely to be breached in 5 years: UN” published in The Hindu on 18th May 2023 What is the News? According to the World Meteorological Organization (WMO) report, global temperatures are likely to surge to record levels in the next five years, fuelled by… Continue reading Key climate threshold likely to be breached in 5 years: UN

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