Context: Despite arguing against legitimising cryptos and calling them as Ponzi schemes, the RBI has announced that it will float a Central Bank Digital Currency (CBDC). RBI is clearly worried over the increasing popularity of Cryptos among Indian masses. But, a CBDC will not solve the RBI’s concerns regarding Crypto since it can function as… Continue reading Cryptos and a CBDC are not the same thing
Explained: WHO & traditional medicine
News: Groundbreaking ceremony for the first-of-its-kind WHO Global Centre for Traditional Medicine (GCTM) will be held in Jamnagar, Gujarat. What is traditional medicine? The WHO describes traditional medicine as – The total sum of the “knowledge, skills and practices indigenous and different cultures have used over time to maintain health and prevent, diagnose and treat… Continue reading Explained: WHO & traditional medicine
A new shine to old ties
News: The Prime Minister Narender Modi is going to host British premier Boris Johnson this week in India. Further, both countries have been working on a roadmap to transform bilateral relations by 2030. What were the issues in India-Britain bilateral relations? There have been bitter legacies of colonialism. These legacies had made it impossible for the… Continue reading A new shine to old ties
India can criticise Russia’s Ukraine invasion
News: Recently, India has been facing severe pressure from the west and especially from the US over its stand on the Russia-Ukraine conflict. India’s Ministry of External Affairs (MEA) has repeatedly abstained on multiple resolutions critical of Russia’s invasion in the UN forums. In fact, it has not directly mentioned Russia in the statements criticizing… Continue reading India can criticise Russia’s Ukraine invasion
India’s policy on cooperation is key to creating livelihood for all
News: Recently, the Union Minister of Cooperation inaugurated a two-day national conference on India’s Cooperation Policy. In the programme, a call was made to usher-in a ‘movement for cooperation’. What is the concept of Cooperation? The draft National Policy on Cooperatives puts it this way – – Cooperation is an approach. It is a preferred… Continue reading India’s policy on cooperation is key to creating livelihood for all
Pendency Begins Here
News: Recently, the Supreme Court (SC) expressed concern that many names cleared by the SC collegium were pending with the government for a considerable period. However, the Union law minister told Rajya Sabha that the government has never deliberately delayed the process of judicial appointments. Status of judicial vacancies in India Around 35% of… Continue reading Pendency Begins Here
The Right to Repair – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Apple recently announced that consumers will have the right to purchase spare components of their products. This has been done after an order of the Federal Trade Commission of the United States. The order directs manufacturers to remedy unfair anti-competitive practices and asks them to make sure that consumers can… Continue reading The Right to Repair – Explained, pointwise
AAI airports provide platform to local artisans for promotion through AVSAR Scheme
What is the News? Airports Authority of India(AAI) has launched an initiative named “‘Airport as Venue for Skilled Artisans of the Region(AVSAR)”. What is AVSAR Initiative? Launched by: Airports Authority of India(AAI) Aim: To encourage the talent of craftsmen, women, and artisans and provide them with proper opportunities. Under the initiative, space will be allocated… Continue reading AAI airports provide platform to local artisans for promotion through AVSAR Scheme
Explained: What does designation as a ‘state sponsor of terrorism’ by the US mean?
What is the News? Ukraine’s President has asked the US President to designate Russia as a “State Sponsor of Terrorism”. What does “State Sponsors of Terrorism” means? “State Sponsors of Terrorism” is a designation given by the United States Secretary of State (the minister primarily in charge of foreign relations) to countries that have repeatedly provided… Continue reading Explained: What does designation as a ‘state sponsor of terrorism’ by the US mean?
Extinction threat: Vaquita porpoise global population down to only 10
What is the News? According to the United States Commission for Environmental Cooperation(CEC), Vaquita Porpoise is nearing extinction and immediate measures are needed to save the remaining population. Note: Porpoises are among the smallest members of the cetacean family (whales, porpoises and dolphins). They are only distant relatives of dolphins (they last had a common… Continue reading Extinction threat: Vaquita porpoise global population down to only 10
