On Bhopal Gas tragedy curative petition: Where did the constitutional sympathy for the victims vanish?

Source– The post is based on the article “Upendra Baxi on SC ruling on Bhopal Gas tragedy curative petition: Where did the constitutional sympathy for the victims vanish?” published in “The Indian Express” on 22nd March 2023.  Syllabus: GS2- Functioning of judiciary  Relevance– Judicial decisions on important matters  News – Recently, the Constitution bench of… Continue reading On Bhopal Gas tragedy curative petition: Where did the constitutional sympathy for the victims vanish?

Credit Suisse collapse: The collapse of two mid-sized banks in the US does not portend a hard landing or a tipping point

Source: The post is based on the article “Credit Suisse collapse: The collapse of two mid-sized banks in the US does not portend a hard landing or a tipping point” published in the Indian Express on 22nd March 2023. Syllabus: GS – 3: Effects of liberalization on the economy. Relevance: About recent bank failures and their impact on India.… Continue reading Credit Suisse collapse: The collapse of two mid-sized banks in the US does not portend a hard landing or a tipping point

World Happiness Report: Finland happiest country in the world, India ranked 126th: U.N. report

Source: The post is based on the article “Finland happiest country in the world, India ranked 126th: U.N. report” published in Indian Express on 22nd March 2023 What is the News? The United Nations Sustainable Development Solutions Network has released the World Happiness Report 2023. What is the World Happiness Report? The World Happiness Report… Continue reading World Happiness Report: Finland happiest country in the world, India ranked 126th: U.N. report

Credit Suisse crisis: How AT1 wipeout could impact the global bond market

Source: The post is based on the article “Credit Suisse crisis: How AT1 wipeout could impact the global bond market” published in Indian Express on 22nd March 2023 Contents1 What is the News?2 What are AT1 Bonds?3 How is the US Silicon Valley bank crisis different from the Credit Suisse crisis?4 What will be the… Continue reading Credit Suisse crisis: How AT1 wipeout could impact the global bond market

IMF announces $3-b credit facility to revive Lanka’s economy

Source: The post is based on the article “IMF announces $3-b credit facility to revive Lanka’s economy” published in Indian Express on 22nd March 2023 Contents1 What is the News?2 What is an Extended Fund Facility(EFF)?3 Why has the IMF provided a $3-billion Extended Fund Facility(EFF) to Sri Lanka?4 What is the economic crisis Sri… Continue reading IMF announces $3-b credit facility to revive Lanka’s economy

Central banks step in as Credit Suisse collapses. India must monitor channels through which crisis can permeate into domestic economy

Source: The post is based on the following articles “Credit Suisse collapse: An RBI lesson for European central banks” and “Central banks step in as Credit Suisse collapses. India must monitor channels through which crisis can permeate into domestic economy” published in the Indian Express on 21st March 2023. “US bank failures – Europe may see similar troubles… Continue reading Central banks step in as Credit Suisse collapses. India must monitor channels through which crisis can permeate into domestic economy

In the OROP case, CJI Chandrachud refuses to accept ‘sealed cover’: Why did he do so?

Source: The post is based on the article “In the OROP case, CJI Chandrachud refuses to accept ‘sealed cover’: Why did he do so?” published in Indian Express on 21st March 2023 Contents1 What is the News?2 What is “sealed cover jurisprudence”?3 Under what circumstances does the court seek information in a sealed cover?4 How… Continue reading In the OROP case, CJI Chandrachud refuses to accept ‘sealed cover’: Why did he do so?

Schemes like OPS will only exacerbate the gap between richer and poorer states

Source: The post is based on the article “Schemes like OPS will only exacerbate the gap between richer and poorer states” published in “The Indian Express” on 21st March 2023.  Syllabus: GS 3 – Indian economy   Relevance: Issues related to fiscal federalism  News: Recently, there are demands in some states to implement OPS. Some states… Continue reading Schemes like OPS will only exacerbate the gap between richer and poorer states

Japan’s PM Fumio Kishida writes: Japan and India renewing a pledge

Source- The post is based on the article “Japan’s PM Fumio Kishida writes: Japan and India renewing a pledge” published in “The Indian Express” on 20th March 2023. Syllabus: GS2- Bilateral groupings and agreements Relevance– India and Japan bilateral relationship News– Japan PM is visiting India for the second time. What is the importance of… Continue reading Japan’s PM Fumio Kishida writes: Japan and India renewing a pledge

Whether in Maharashtra or Jharkhand, governors are unelected – they must stay away from politics

Source- The post is based on the article “Whether in Maharashtra or Jharkhand, governors are unelected – they must stay away from politics” published in “The Indian Express” on 20th March 2023. Syllabus: GS2- Structure, Organization and Functioning of the Executive Relevance– Office of governor News– In the ongoing disqualification proceedings against Maharashtra MLAs in… Continue reading Whether in Maharashtra or Jharkhand, governors are unelected – they must stay away from politics

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