Monthly Archives: June 2021

GLOBAL ECONOMIC PROSPECTS

Recently, the World Bank has released its June 2021 Global Economic Prospects where it has forecast India’s GDP growth to be 8.3% for the year 2021-22. Important points: India’s economy is expected to grow at 8.3% for Fiscal Year 2021-22, 7.5% for 2022-23 and 6.5% for 2023-24. The world economy …

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ASEAN MEETING

Recently, China hosted a meeting of foreign ministers from the 10 Association of Southeast Asian Nations (ASEAN) countries. The meeting marks the 30th anniversary of China-ASEAN dialogue. With this meeting China looks to deepen its economic ties with the region as well as push back the renewed effort at regional …

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IRDAI

Saral Jeevan Bima, launched by IRDAI (Insurance Regulatory and Development Authority of India) in 2020, has become a popular term life insurance product among masses. IRDAI is an autonomous body that was established in 1999 to regulate and develop the insurance industry. Term life insurance guarantees payment of a stated …

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SRIVILLIPUTHUR-MEGAMALAI TIGER RESERVE

The recently declared Srivilliputhur-Megamalai Tiger Reserve in Tamil Nadu will provide protection to Megamalai, the Vaigai’s primary catchment, in turn helping water levels to rise in the river. Important points: It originates in the Western Ghat (Varushanad Hills). It travels through the Pandya Nadu region of Tamil Nadu. Its main tributaries are Suruliyaru, Mullaiyaru, Varaganadhi, Manjalaru, Kottagudi, Kridhumaal and Upparu. The Vaigai is …

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SUPERSONIC COMMERCIAL PLANE

The US airline United has announced plans to buy 15 new supersonic airliners and “return supersonic speeds to aviation” in the year 2029. The Airline has agreed to purchase the Overture aircraft from Boom Supersonic (a Denver-based start-up), with the planes able to fly at Mach 1.7 faster than the …

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BRICS

The BRICS Foreign Ministers, in a recent meet, put out a joint statement on multilateralism. BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa. Important points: It is the process of organizing relations between groups of three or …

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WORLD UNIVERSITY RANKINGS 2022

QS World University Rankings 2022 shows that India’s tally in the top 200 universities hasn’t changed for the fifth straight year. QS World University Rankings Quacquarelli Symonds (QS) is a leading global career and education network for ambitious professionals looking to further their personal and professional development. QS develops and …

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LIVE-STREAMING COURT PROCEEDINGS

Recently, the Supreme Court has released the Draft Model Rules for Live-Streaming and Recording of Court Proceedings. The Rules are part of the National Policy and Action Plan for implementation of Information and Communication Technology (ICT) in the judiciary. The Rules would cover live-streaming and recording of proceedings in High …

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GLOBAL DATABASE TO IDENTIFY MISSING PERSONS

Recently, the Interpol has launched a new global database named “I-Familia” to identify missing persons through family DNA and help the police solve cold cases in member countries. Important points: The first of its kind, I-Familia is a global database for identifying missing persons based on international DNA (deoxyribonucleic acid) kinship matching. The database seeks to identify missing persons or …

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