Why in NEWS The Reserve Bank of India has proposed a daily-frequency Financial Conditions Index (FCI) to assess India’s financial market conditions in real-time for better policy and investment decisions. Key Concepts and Terms Term Explanation FCI (Financial Conditions Index) A composite indicator that tracks tightness or ease in financial markets. Taper Tantrum A sudden […]
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Why in NEWS The National Crisis Management Committee (NCMC) has been granted statutory backing under the amended Disaster Management Act, 2025, solidifying its role as India’s apex disaster response coordination body. Key Concepts and Terms Term Explanation NCMC Apex disaster response body headed by Cabinet Secretary for nationwide coordination. Statutory Backing Legal recognition under law, […]
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Why in NEWS Despite expanded farmer coverage under PMFBY, states have defaulted on ₹6,450 crore in claim settlements since FY20, raising concerns about timely support to farmers. Key Concepts and Terms Term Explanation PMFBY – Pradhan Mantri Fasal Bima Yojana Flagship crop insurance scheme to support farmers during crop loss due to natural calamities or […]
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Why in NEWS The RBI’s State of the Economy article provides a cautiously optimistic outlook for India, amid global headwinds and fiscal-tightrope walking. Key Concepts and Terms Term Explanation Retail Inflation (CPI) Measures the average change in prices of goods and services consumed by households. Core Inflation CPI minus volatile items like food and fuel; […]
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Why in NEWS India has improved its position to 77th in the Henley Passport Index 2025 (Q2), rising from 85th in Q1, reflecting an increase in global travel freedom for Indian citizens. Key Terms and Concepts Term Description Henley Passport Index A global ranking of passports based on the number of visa-free destinations IATA International […]
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Why in NEWS Artists from Jharkhand, Odisha, and West Bengal participated in the 2nd edition of Kala Utsav 2025 – ‘Artists in Residence Programme’ at Rashtrapati Bhavan, showcasing traditional art forms like Sohrai Khovar, Pattachitra, and Patua. The event aims to honor India’s living traditions by providing a national platform to folk, tribal, and traditional […]
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Why in NEWS Gujarat has initiated the country’s first Tribal Genome Sequencing Project to map the genetic profiles of tribal populations and enable precision healthcare. Key Terms / Concepts Term Explanation Genome Sequencing Technique to decode the complete DNA sequence of an organism. Whole Genome Sequencing (WGS) Sequencing of an organism’s entire DNA. Targeted Gene […]
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Why in NEWS On the 26th Kargil Vijay Diwas (26 July 2025), the Indian Army launched three key initiatives to honour the bravery of soldiers from the 1999 Kargil War. Key Terms / Concepts Term Explanation Kargil Vijay Diwas Observed on July 26 every year to commemorate India’s victory in the 1999 Kargil War. Operation […]
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Why in NEWS India has achieved one of its three major Paris Agreement climate targets five years ahead of schedule and is nearing completion of the remaining two. Key Terms / Concepts Term Explanation Paris Agreement (2015) A legally binding international treaty on climate change adopted at COP21 to limit global warming to well below […]
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Why in NEWS NASA-funded ATLAS telescope in Chile discovered an interstellar comet, named 3I/ATLAS, originating from the constellation Sagittarius. Key Terms and Concepts Term Explanation 3I/ATLAS Third Interstellar Object (ISO) after ‘Oumuamua (1I) and Borisov (2I) Interstellar Object (ISO) A celestial body originating from outside the Solar System Hyperbolic Orbit An open trajectory confirming the […]
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