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Indian manufacturing needs more sophistication: Finance Minister

Why in the News? In a recent statement, the Finance Minister highlighted the pressing need for sophistication in India’s manufacturing sector to drive economic growth and competitiveness. The sophisticated manufacturing sector provides a conducive environment to enhance the efficiency of producing goods and services. What is the current state of Indian Manufacturing? India’s manufacturing sector’s… Continue reading Indian manufacturing needs more sophistication: Finance Minister

RBI flags supervisory concerns over ARCs functioning

Why in the News? After the allegations of ‘unethical practices’ by ARCs, including aiding defaulting promoters, the RBI intervened, with the Deputy Governor urging integrity and ethical conduct in their operations. The new guidelines laid out by the RBI: Enhanced Capital Requirements: Minimum Capital Requirement Increase: ARCs are now mandated to maintain a minimum capital… Continue reading RBI flags supervisory concerns over ARCs functioning

Do no harm: conservative, non-surgical approaches advised over hysterectomy for gynecological conditions

Why in the News? According to the recent report published in Women’s Reproductive Health under the title ‘Reported Reasons for Undergoing Hysterectomy Among Women Aged 45 Years and Above‘, it was seen that data is lacking on women’s health conditions; thus the true magnitude is never known, impeding funding and escaping the attention of policymakers.… Continue reading Do no harm: conservative, non-surgical approaches advised over hysterectomy for gynecological conditions

Scientists document Sperm Whales ‘Phonetic Alphabet’

Why in the news? A recent study has uncovered the intricate structure of their communication system, which appears to possess a “phonetic alphabet,” offering new insights into the depth of their social interactions. Sperm whales, the largest toothed whales, utilize a diverse array of vocalizations to communicate, including bursts of clicking noises known as ‘codas’.… Continue reading Scientists document Sperm Whales ‘Phonetic Alphabet’

[16 May 2024] The Hindu Op-ed: The pitch for Subaltern Secularism

PYQ Relevance: Mains:  Q Are tolerance, assimilation and pluralism the key elements in the making of an Indian form of secularism? Justify your answer. (UPSC IAS/2022) Q How the Indian concept of secularism different from the western model of secularism? Discuss. (UPSC IAS/2018) Q What are the challenges to our cultural practices in the name… Continue reading [16 May 2024] The Hindu Op-ed: The pitch for Subaltern Secularism

Manipur accounted for 97% of displacements in South Asia   

Why in the News? The report by the Geneva-based Internal Displacement Monitoring Centre (IDMC) termed it the highest number of displacements in India triggered due to the conflict and violence in India since 2018. Key highlights on Internal Displacement in India (2009-2023): The above image shows the Internally Displaced People (IDP) currently living in India.… Continue reading Manipur accounted for 97% of displacements in South Asia   

[pib] Sub-Committee for GRAP reviews the Air Quality scenario in New Delhi

Why in the News? Delhi’s Air Quality Index (AQI) registered at 243, falling under the ‘Poor’ category, as reported by the Central Pollution Control Board (CPCB). In response to this, the Sub-Committee under the Commission for Air Quality Management in NCR & Adjoining Areas (CAQM) convened to assess the situation and strategize under the Graded… Continue reading [pib] Sub-Committee for GRAP reviews the Air Quality scenario in New Delhi

Regulatory Challenges in Alternative Investment Funds (AIFs)

Why in the News? In response to tightening regulations impacting operations, the RBI has recommended that investments exceeding 50% of Alternative Investment Funds (AIFs) units by a person resident outside India be treated as Indirect Foreign Investment. BACK2BASICS: What are Alternative Investment Funds (AIFs)? An Alternative Investment Fund or AIF is any fund established or… Continue reading Regulatory Challenges in Alternative Investment Funds (AIFs)

Spices Board discussing the setting of ETO Limits with CODEX

Why in the News? The Spices Board has proactively engaged with CODEX, the international food standards authority, to address the pressing issue of ethylene oxide (ETO) contamination in spices. This initiative follows recent recalls of certain branded spices exported from India to Hong Kong and Singapore due to concerns regarding ETO contamination. Concerns over spice… Continue reading Spices Board discussing the setting of ETO Limits with CODEX

On the importance of Regulatory Sandboxes in Artificial Intelligence 

Why in the News?  Regulatory sandboxes are now widely used in many countries because they allow new ideas to be tested in a controlled and supervised environment. What are Regulatory Sandboxes? A regulatory sandbox is a tool allowing businesses to explore and experiment with new and innovative products, services, or businesses under a regulator’s supervision.… Continue reading On the importance of Regulatory Sandboxes in Artificial Intelligence 

The challenge of Extra-Pulmonary TB

  Why in the News?  A tuberculosis patient receives treatment from a nurse (instead of a specialist) at a TB hospital in Guwahati. What is meant by Pulmonary Tuberculosis (TB)?   Pulmonary tuberculosis (TB) is a serious infection caused by the bacterium Mycobacterium tuberculosis (MTB) that involves the lungs but may spread to other organs where… Continue reading The challenge of Extra-Pulmonary TB

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