Hot News – Heatwaves are here. But this year, power ecosystem has coped well so far, thanks to GoI & states

Source: The post is based on the article “Hot News – Heatwaves are here. But this year, power ecosystem has coped well so far, thanks to GoI & states” published in The Times of India on 24th May 2023. Syllabus: GS – 3: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Relevance: About power demands. News: Recently, the IMD issued… Continue reading Hot News – Heatwaves are here. But this year, power ecosystem has coped well so far, thanks to GoI & states

IN THE PINK? Two economists debate the decision withdrawing ₹2,000 notes

Source: The post is based on the article “IN THE PINK? Two economists debate the decision withdrawing ₹2,000 notes” published in The Times of India on 24th May 2023. Syllabus: GS – 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: About RBI’s decision to withdraw Rs 2,000 notes. News: The Reserve… Continue reading IN THE PINK? Two economists debate the decision withdrawing ₹2,000 notes

Since 2014, the poorest communities are earning less

Source: The post is based on the article “Since 2014, the poorest communities are earning less” published in the Indian Express on 24th May 2023. Syllabus: GS – 3: Inclusive growth and issues arising from it. Relevance: About growth rate trends of poor communities. News: According to Labour Bureau data, in 2022-23, the growth rate of real wages was… Continue reading Since 2014, the poorest communities are earning less

The economics of climate change in India

Source: The post is based on the article “The economics of climate change in India” published in The Indian Express on 23rd May 2023. Syllabus: GS 3 – Climate Change Relevance: Impact of climate change on the Indian economy News: Reserve Bank of India (RBI) has released a report titled “Report on Currency and Finance: Towards a… Continue reading The economics of climate change in India

The challenge of AI

Source: The post is based on the article “The challenge of AI” published in Business Standard on 23rd May 2023. Syllabus: GS 3 – Artificial Intelligence Relevance: concerns with Artificial Intelligence (AI) News: The rapid emergence of Artificial Intelligence (AI) software has led to a widespread debate across the world on its potential impact on the economy… Continue reading The challenge of AI

Burden of proof – on Proposed regulation for unlawful trades

Source: This article is based on the article “Burden of proof”, published in Business Standard on 23rd May 2023. Syllabus Topic: GS Paper 3, Industries and Industrial policy News: Securities and Exchange Board of India (Sebi) has released a consultation paper “Prohibition of unexplained suspicious trading activities”. This paper outlines the proposed regulations to tackle… Continue reading Burden of proof – on Proposed regulation for unlawful trades

Strangers & Secrets – spy scandal in DRDO

Source: This article is based on the article “Burden of proof”, published in Times of India on 23rd May 2023. Syllabus Topic: GS Paper 3, Internal Security News: Recently, a DRDO scientist, allegedly fell for a Pakistani “honey-trap”. He is accused on spying for enemy country. The accused had access to over 50 DRDO establishments,… Continue reading Strangers & Secrets – spy scandal in DRDO

It’s time to ensure safer skies

Source: The post is based on the article “It’s time to ensure safer skies” published in The Hindu on 23rd May 2023. Syllabus: GS – 3: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Relevance: About Mangalore air accident and aviation sector. News: It has been 13 years since an aircraft crashed in Mangalore resulting in the deaths of 158… Continue reading It’s time to ensure safer skies

Withdrawal of currencies: need and challenges – Explained, pointwise

For 7PM Editorial Archives click HERE → Contents1 Introduction 2 About the recent withdrawal of currencies3 What are the reasons for the withdrawal of currencies?4 What are the previous instances of withdrawal of currencies in India? 5 What are the various advantages of the withdrawal of currencies?  6 What are the challenges faced while withdrawing currencies? 7 What should be done?  Introduction … Continue reading Withdrawal of currencies: need and challenges – Explained, pointwise

Why2k Question – Will withdrawing ₹2,000 notes smoke out the crooked? Unlikely. The crooked economy’s much more inventive

Source: The post is based on the article “Why2k Question – Will withdrawing ₹2,000 notes smoke out the crooked? Unlikely. The crooked economy’s much more inventive” published in The Times of India on 22nd May 2023. Syllabus: GS – 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: About RBI’s decision to… Continue reading Why2k Question – Will withdrawing ₹2,000 notes smoke out the crooked? Unlikely. The crooked economy’s much more inventive

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