G7’s climate wishlist, and the realities of efforts to cap warming

Source: The post is based on the following articles “G7’s climate wishlist, and the realities of efforts to cap warming” published in the Indian Express on 22nd May 2023. “The end of ‘decoupling’?” published in the Business Standard on 22nd May 2023. Syllabus: GS – 2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Relevance:… Continue reading G7’s climate wishlist, and the realities of efforts to cap warming

Banks request RBI for more time to implement new ECL-based loan loss provisioning norms

Source: The post is based on the article “Banks request RBI for more time to implement new ECL-based loan loss provisioning norms” published in Indian Express on 22nd May 2023 Contents1 What is the News?2 What is a loan-loss provision?3 What is the current approach followed for loan-loss provision?4 What is Expected Credit Loss (ECL)-based… Continue reading Banks request RBI for more time to implement new ECL-based loan loss provisioning norms

Why the Andhra HC struck down order seeking to regulate public assemblies, processions

Source: The post is based on the article “Freedom of speech the ‘bulwark’ of democracy: Why the Andhra HC struck down order seeking to regulate public assemblies, processions” published in The Indian Express on 20th May 2023. Syllabus: GS 2 – Government Policies and Interventions for Development in various sectors and Issues arising out of their Design… Continue reading Why the Andhra HC struck down order seeking to regulate public assemblies, processions

On PM Modi’s visit to Australia: Delhi to Canberra, a new journey

Source: The post is based on the article “On PM Modi’s visit to Australia: Delhi to Canberra, a new journey” published in Indian Express on 20th May 2023. Syllabus: GS 2 – Bilateral, multilateral agreements of India News: Prime Miniter Modi has continued with the scheduled visit to Australia, even after the cancellation of Quad Summit. It… Continue reading On PM Modi’s visit to Australia: Delhi to Canberra, a new journey

Why has the RBI withdrawn Rs 2,000 notes?

Source: The post is based on the article “Why has the RBI withdrawn Rs 2,000 notes?”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What is the News?2 When were Rs 2000 denomination banknotes introduced?3 Why are Rs 2000 denomination banknotes being withdrawn now?4 Will the Rs 2000 banknotes continue to be legal tender?5… Continue reading Why has the RBI withdrawn Rs 2,000 notes?

Express View on new climate change report: It should lead to a review of Paris Climate Pact targets

Source: The post is based on the article “Express View on new climate change report: It should lead to a review of Paris Climate Pact targets” published in the Indian Express on 20th May 2023. Syllabus: GS – 3: Environment and Bio-diversity: Conservation. Relevance: About Global Climate 2022 report News: Recently, the World Meteorological Organisation (WMO) released a report… Continue reading Express View on new climate change report: It should lead to a review of Paris Climate Pact targets

About India’s economic growth: A sustainable growth rate

Source: The post is based on the article “A sustainable growth rate” published in the Indian Express on 20th May 2023. Syllabus: GS – 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: About India’s economic growth. News: In the past four decades and more, the structure of India’s economy has changed… Continue reading About India’s economic growth: A sustainable growth rate

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

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

Measuring success: Increasing PLI allocation will not be enough

Source: The post is based on the article “Measuring success: Increasing PLI allocation will not be enough” published in the Indian Express on 19th May 2023. Syllabus: GS – 3: changes in industrial policy and their effects on industrial growth. Relevance: About PLI Scheme 2.0 for IT Hardware. News: The Union Cabinet has recently approved an updated Production Linked… Continue reading Measuring success: Increasing PLI allocation will not be enough

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