Russia’s offer of cheaper oil is tempting, but India must be cautious

News: Global crude oil prices have now risen above $100 a barrel due to the Russia-Ukraine Conflict 2022.   Impact of high crude prices on India  Indian government is under tremendous pressures. It has to spend twice as much to import oil. It cannot pass on these high oil costs to consumers, and will have to… Continue reading Russia’s offer of cheaper oil is tempting, but India must be cautious

Amid Ukraine crisis, India does well to deepen ties with Australia and Japan, draw red lines vis a vis Beijing

News: The Chinese Foreign Minister attacked QUAD members. He mentioned that “No country should pursue its so-called absolute security at the expense of other countries’ security”. He stated this in wake of Indian Prime Minister (PM) Narender Modi’s summit-level meetings with the prime ministers of Japan and Australia.  Accusation made by China on the west … Continue reading Amid Ukraine crisis, India does well to deepen ties with Australia and Japan, draw red lines vis a vis Beijing

The pandemic’s income inequality surprise

News: Recently, a study was done for analysing the changes in the poverty and income inequality in India due to the Covid-19 pandemic.   What has been the impact of Covid-19 Pandemic?  Macro level: Indian GDP fell sharply during the lockdown. It largely witnessed V-shaped recovery after the lockdown.  Micro-level: During the lockdown: the poverty (income below $1.90)… Continue reading The pandemic’s income inequality surprise

Ministry of Culture implements financial assistance for the Preservation and Development of Cultural Heritage of the Himalayas

What is the News? The Union Minister for Culture has informed Lok Sabha about the “Scheme of Financial Assistance for the Preservation and Development of Cultural Heritage of the Himalayas.” What is the Scheme of Financial Assistance for the Preservation and Development of Cultural Heritage of the Himalayas? Nodal Ministry: Ministry of Culture. Type: Central… Continue reading Ministry of Culture implements financial assistance for the Preservation and Development of Cultural Heritage of the Himalayas

Prime Minister of India and Australia hold 2nd India Australia Virtual Summit

What is the News? Minister of India and held the 2nd India-Australia Virtual Summit. What are the key highlights from the 2nd India-Australia Virtual Summit? Return of Artefacts to India: Australia returned 29 ancient artefacts to India. The artefacts include 12th century Chola bronzes, 11th-12th century Jain sculptures from Rajasthan, 12th-13th century sandstone Goddess Mahisasuramardini… Continue reading Prime Minister of India and Australia hold 2nd India Australia Virtual Summit

Adaptive tracking

What is the News? Researchers have conducted an experimental study of Drosophila melanogaster or fruit fly to study adaptive tracking. What is Adaptive Tracking? Adaptive Tracking is defined as continuous adaptation in response to rapid environmental change.  Adaptive tracking is known to be the critical mechanism by which living beings continue to thrive in a… Continue reading Adaptive tracking

ESA scratches ExoMars 2022 launch for this year after suspending cooperation with Russia Roscosmos

What is the News? The European Space Agency’s(ESA’s) ExoMars 2022 mission will not be launched in September 2022 as planned after the agency suspended all cooperation with Russia’s space program Roscosmos. What is the purpose of the ExoMars Mission? Aim: To check if there has ever been life on Mars and also understand the history… Continue reading ESA scratches ExoMars 2022 launch for this year after suspending cooperation with Russia Roscosmos

Entrance test for central universities: how, why

What is the News? University Grants Commission(UGC) has announced the introduction of the Central University Entrance Test(CUET) which is now mandatory for undergraduate admission at any of the 45 central universities in the country. Background ​​Several governments have made attempts to replace multiple entrance tests with a single one to reduce the burden on higher… Continue reading Entrance test for central universities: how, why

Schemes administered by the Ministry of Culture to promote and disseminate the art & Culture

What is the News? The Union Minister of Culture has informed Lok Sabha about the ongoing schemes run by the Ministry of Culture to promote and disseminate art & Culture. What are the schemes implemented by the Ministry of Culture to promote and disseminate art & Culture? Centenaries and Anniversaries Scheme: The scheme commemorates centenaries… Continue reading Schemes administered by the Ministry of Culture to promote and disseminate the art & Culture

Ministry of Tribal Affairs revamps the schemes for comprehensive development of Tribals

What is the News? The Ministry of Tribal Affairs is implementing various schemes for the comprehensive development of Tribals. Pre- and Post-Matric scheme: It is a demand-based scheme. Under this, every ST student whose family income is up to Rs 2.5 lakhs is entitled to a scholarship for pursuing education from class IX to Post… Continue reading Ministry of Tribal Affairs revamps the schemes for comprehensive development of Tribals

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