Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough… Continue reading 9 PM Daily Current Affairs Brief – June 22nd, 2022
Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services
What is the News? The Reserve Bank of India(RBI) has released the “Payments Vision 2025”. What is “Payments Vision 2025”? Released by: Reserve Bank of India(RBI) Core Theme: E-Payments for Everyone, Everywhere, Everytime (4 Es) Vision: Provide every user with Safe, Secure, Fast, Convenient, Accessible, and Affordable e-payment options (6 Attributes). Goalposts: The activities to… Continue reading Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services
Major Economies Forum on Climate and Energy Meets
What is the News? The Union Minister for Environment, Forest and Climate Change has represented India at the virtual meeting of the Major Economies Forum on Energy and Climate(MEF). What is the Major Economies Forum on Energy and Climate(MEF)? Launched in: 2009 by US President Barack Obama. Aim: To facilitate candid dialogue among major emitting… Continue reading Major Economies Forum on Climate and Energy Meets
New research: Study flags emergence of drug-resistant typhoid strains
Contents0.1 What is the News?1 What is Typhoid?2 What does the study say about Typhoid?3 What is the Indian Government doing against Typhoid? What is the News? According to a study published in The Lancet, the effectiveness of antibiotics for typhoid fever is threatened by the emergence of resistant strains. What is Typhoid? Typhoid fever… Continue reading New research: Study flags emergence of drug-resistant typhoid strains
Explained: India’s emerging twin deficit problem
Contents1 What is the News?2 What is a Twin Deficit?3 What is Fiscal Deficit?4 Report on India’s Fiscal Deficit5 What is the Current Account Deficit?5.1 Report on Current Account Deficit What is the News? The Finance Ministry in its report has warned of a Twin Deficit Problem due to higher commodity prices and a rising… Continue reading Explained: India’s emerging twin deficit problem
Five states need to take steps to stabilize debt levels: RBI
Contents1 What is the News?2 RBI on Status of States Debts3 What is the reason for the fiscal deterioration in these states?4 What are the recommendations given by RBI to states to improve their fiscal position? What is the News? According to a Reserve Bank of India(RBI) study, five states namely, Bihar, Kerala, Punjab, Rajasthan,… Continue reading Five states need to take steps to stabilize debt levels: RBI
To end illegal mining, Madhya Pradesh plans to make it legal in parts of Chambal sanctuary
What is the News? Madhya Pradesh government has proposed to open 292 hectares for mining in five stretches on Chambal and its tributary Parvati rivers. The step is taken to free its forest department from devoting too much time, resources and efforts to fighting illegal mining in the National Chambal Sanctuary. Note: Sand mining has… Continue reading To end illegal mining, Madhya Pradesh plans to make it legal in parts of Chambal sanctuary
Union Minister inaugurated Jyotirgamaya-A festival showcasing the talent of unsung performers
What is the News? The Union Minister of Culture has inaugurated Jyotirgamaya-A festival showcasing the talent of unsung performers. What is Jyotirgamaya? Organized by: Sangeet Natak Akademi Purpose: It is a festival to showcase the talent of rare musical instruments from across the country, including street performers, train entertainers, performers attached to temples etc. Significance:… Continue reading Union Minister inaugurated Jyotirgamaya-A festival showcasing the talent of unsung performers
It is time India plans a hub airport flight path
News: There is an ongoing discussion on transforming India’s metro gateway airports into a hub airport. Today’s conditions are just right for building a hub airport. Contents1 The concept of a hub airport2 Advantages of a hub airport3 What are the impediments?4 What are the opportunities? The concept of a hub airport A hub airport… Continue reading It is time India plans a hub airport flight path
We Have A Long Wait Before India Inc Gets Space-Ready
Context: Recently, India opened up the space sector, with the intention of gaining economic and strategic importance. However, reality has been different. India’s share in the $440-billion global space economy is only around 2%. In June, 2020, India announced reforms based on four pillars; 1) Freedom of innovation for the private sector, 2) Changing the… Continue reading We Have A Long Wait Before India Inc Gets Space-Ready
