The High Seas Treaty: Key provisions, and the challenges it faces

Source: The post is based on the article “The High Seas Treaty: Key provisions, and the challenges it faces” published in Indian Express on 23rd March 2023 What is the News? The UN (United Nations) members agreed on a High Seas Treaty to ensure the protection and sustainable use of marine biodiversity of areas beyond… Continue reading The High Seas Treaty: Key provisions, and the challenges it faces

As Covid and H3N2 flu cases rise, here’s how India can help build global resilience

Source: The post is based on the article “As Covid and H3N2 flu cases rise, here’s how India can help build global resilience” published in the Indian Express on 23rd March 2023. Syllabus: GS – 2: Issues relating to the development and management of Social Sector/Services relating to Health. Relevance: About pandemic treaty. News: The recent… Continue reading As Covid and H3N2 flu cases rise, here’s how India can help build global resilience

Japanese PM Kishida’s visit to India, Chinese president Xi’s trip to Moscow, and the rearrangement of great power and regional politics

Source– The post is based on the article “Japanese PM Kishida’s visit to India, Chinese president Xi’s trip to Moscow, and the rearrangement of great power and regional politics” published in “The Indian Express” on 22nd March 2023.  Syllabus: GS2- International relations  Relevance– Major changes in world order and implications for India  News– Prime Minister… Continue reading Japanese PM Kishida’s visit to India, Chinese president Xi’s trip to Moscow, and the rearrangement of great power and regional politics

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 What is the News? Swiss regulator FINMA wrote down $17 billion of additional tier one, or AT1, Contingent Convertible (CoCo) bonds of Credit Suisse as UBS agreed… 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 What is the News? The International Monetary Fund(IMF) has cleared a $3-billion-Extended Fund Facility (EFF) for Sri Lanka. What is an Extended Fund Facility(EFF)? Setup by: International Monetary Fund(IMF)  Purpose:… 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 What is the News? The Supreme Court has refused to accept the Centre’s “sealed cover” report on the delay in clearing the one-rank-one-pension… Continue reading In the OROP case, CJI Chandrachud refuses to accept ‘sealed cover’: Why did he do so?

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