Daily Archives: March 6, 2023

QUAD MEETING

During the recent meeting of Quad members in New Delhi, the Foreign Ministers of the Quad countries called for lasting peace in Ukraine and, in an indirect reference to the Russian invasion, underlined respect for territorial sovereignty and integrity. They also addressed China’s aggressive behavior in the Indo-Pacific and its attempts to block the UN designation of …

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WORLD HEARING DAY

World Hearing Day is celebrated on the 3rd of March each year to raise awareness on how to prevent deafness and hearing loss and promote ear and hearing care across the world. Each year, the World Health Organization (WHO) determines the theme. The theme of this year is “Ear and hearing care for all”. Normal hearing …

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ACADEMIC FREEDOM INDEX REPORT

According to the Academic Freedom Index report, India’s academic freedom index is in the bottom 30% among 179 countries in 2022. Academic freedom refers to the principle that scholars and researchers should have the freedom to pursue their research and express their findings without interference, censorship, or retaliation from the government, private institutions, or …

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DODGY AND CONFLICT WOOD

Recent investigation by International Consortium of Investigative Journalists (ICIJ) revealed that India has become the second largest importer of “conflict wood” from Myanmar, after China. India hasn’t banned the import of teak from Myanmar, which is being exported to the US & EU. These supplies of teak not only chip away at the Myanmar’s …

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WOMEN, BUSINESS AND THE LAW 2023 REPORT

India scored above the regional average in the World Bank’s Women, Business and the Law 2023 report. For India, report used data on laws and regulations in Mumbai, India’s main business city. India received a perfect score for laws related to freedom of movement, women’s work decisions, and marriage constraints. Women, Business and the …

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ASIA ENERGY TRANSITION INITIATIVE

Japan looks forward to supporting India’s clean energy transition by including India in the Asia Energy Transition Initiative (AETI). What is Asia Energy Transition Initiative? The Clean Energy Partnership between India and Japan was published in March 2022. It would work on the agenda covered in the India-Japan Energy Dialogue 2007 and will subsequently expand into areas of mutual …

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INDIA’S HEALTH SECTOR

The World Bank has approved a loan of USD 1 billion to India to help the country prepare for future pandemics and strengthen its healthcare infrastructure. The loan will be split into two loans of USD 500 million each. The loan will be used to support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), which was launched in October 2021, and …

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SCRUB TYPHUS

Scrub typhus is a major public health threat in South and Southeast Asia. Key details: As per estimates, nearly one million cases are reported from South and Southeast Asia with 10% mortality. India is one of the hotspots with at least 25% of the disease burden. A trial carried out in India where patients were received a combination therapy …

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HALLMARK UNIQUE IDENTIFICATION (HIUD) NUMBER

The sale of gold jewellery will not be allowed without a Hallmark Unique Identification (HUID) number. HUID number is a six-digit alphanumeric code. It is given to every piece of jewellery at the time of hallmarking. It is a unique identifier for each gold item. The jewellery is stamped with the unique number manually at the Assaying & Hallmarking centre. Features: …

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INDEX FUNDS

Global index providers are reviewing some of the stocks’ inclusion in its indices that are replicated by many foreign portfolio managers after the Hindenburg report. Index funds An index fund is a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. Index funds have lower expenses and fees than …

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