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Govt. body hikes prices of essential medicines again, says ‘it’s minuscule’

Why in the News?  Recently, the National Pharmaceutical Pricing Authority (NPPA) implemented a 0.00551% increase in the Maximum Retail Price (MRP) for scheduled formulations of drugs starting from the commencement of the fiscal year 2024–25. Context: The Department of Pharmaceuticals has released its yearly update of revised ceiling prices for 923 scheduled drug formulations and… Continue reading Govt. body hikes prices of essential medicines again, says ‘it’s minuscule’

What is Basel III Endgame?

Why in the news? The US Federal Reserve recently announced stricter bank capital requirements known as the “Basel III endgame” proposal. What is Bank Capital? Bank capital is a measure of bank shareholders’ investment in the business. In contrast to deposits or money a bank has borrowed, capital does not have to be paid back.… Continue reading What is Basel III Endgame?

NexCAR19: India’s First Indigenous CAR T- Cell Therapy for Cancer

Why in the news? President Droupadi Murmu has unveiled ‘NexCAR19’ India’s first indigenously-developed CAR T-cell therapy for cancer treatment. What is CAR-T Cell Therapy? What is it? CAR-T cell therapy stands for Chimeric Antigen Receptor T cell therapy. It is a type of cancer immunotherapy that uses the patient’s own T cells, genetically modified in… Continue reading NexCAR19: India’s First Indigenous CAR T- Cell Therapy for Cancer

[4 April 2024] The Hindu Op-ed: Turning the spotlight on the urban poor

PYQ Relevance: Mains: Q. Most of the unemployment in India is structural in nature. Examine the methodology adopted to compute unemployment in the country and suggest improvements. (UPSC CSE 2023) Prelims: Q. Disguised unemployment generally means (UPSC CSE 2013) (a) large number of people remain unemployed(b) alternative employment is not available(c) marginal productivity of labour is… Continue reading [4 April 2024] The Hindu Op-ed: Turning the spotlight on the urban poor

Digital India Trust Agency (DIGITA) to check Illegal Lending Apps

Why in the news? To address the rising threat of cyber fraud, the Reserve Bank of India (RBI) is planning to establish a Digital India Trust Agency (DIGITA). About Digital India Trust Agency (DIGITA) DIGITA aims to tackle the proliferation of illegal lending apps by verifying and maintaining a register of authenticated digital lending platforms.… Continue reading Digital India Trust Agency (DIGITA) to check Illegal Lending Apps

Nuclear Fusion: KSTAR reaches a temperature of 100 million Celsius

Why in the news? South Korean scientists at the Korea Institute of Fusion Energy (KFE) achieved a significant milestone by producing temperatures of 100 million Celsius for 48 seconds in the Korea Superconducting Tokamak Advanced Research (KSTAR) fusion reactor. KSTAR maintained the high confinement mode (H-mode) for over 100 seconds, demonstrating stability in plasma conditions… Continue reading Nuclear Fusion: KSTAR reaches a temperature of 100 million Celsius

[3 April 2024] The Hindu Op-ed: The Gaza war needs a smart exit strategy

PYQ Relevance:Mains: Q) Too little cash, too much politics, leaves UNESCO fighting for life.’ Discuss the statement in the light of US withdrawal and its accusation of the cultural body as being ‘anti-Israel bias’. (UPSC CSE 2019) Q) How will the I2U2 (India, Israel, UAE, and USA) grouping transform India’s position in global politics? (UPSC CSE 2022)… Continue reading [3 April 2024] The Hindu Op-ed: The Gaza war needs a smart exit strategy

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