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COW HUG DAY

Board of India (AWBI) wants to name February 14 as Cow Hug Day and has appealed to the public to embrace cows, claiming that it would bring “emotional richness” and increase “individual and collective happiness”. Dairy farmers, on the other hand, alleged that the Board did not even help them …

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RBI LIFTS LOAN COSTS TO TAME INFLATION

The Monetary Policy Committee (MPC) of the Reserve Bank of India on Wednesday raised the benchmark lending rate by 25 basis points (bps) to 6.5% as the RBI targets persistently high core or underlying inflation that it sees as a risk to the improving outlook for the economy. Observing that …

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CAR T-CELL THERAPY

The three major forms of treatment for any cancer are surgery (removing the cancer), radiotherapy (delivering ionising radiation to the tumour), and systemic therapy (administering medicines that act on the tumour). Surgery and radiotherapy have been refined significantly over time whereas advances in systemic therapy have been unparalleled. A new …

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THE UNION BUDGET AND THE ALLOCATION TO MINORITIES

The Union Budget for 2023-24 came with a reduction of 38% in funds for the Ministry of Minority Affairs. The fund crunch is likely to impact spheres of madrasas besides general school education, higher research and local development in areas of minority concentration. Which schemes are affected? The worst affected …

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THE SAGA OF A ‘SPY’ BALLOON IN U.S. AIRSPACE

Last week, the U.S. shot down a Chinese ‘spy’ balloon, days after the surveillance device was first spotted over American airspace, bringing the dramatic saga to a climax and dealing yet another blow to the already strained diplomatic relation between the two sides. What happened? Reports of a massive white …

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INDIA, RUSSIA DISCUSSION ON PAYMENT MECHANISM

With bilateral payments still not streamlined against the backdrop of Western sanctions, especially for defence deals, India and Russia are set to hold bilateral financial meetings under the framework of the Inter-Governmental Commission in the second half of February as part of ongoing efforts to iron out a mechanism, officials …

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HEALTH SECTOR AND THE CONSEQUENCES

The stagnant allocations in the Budget for health, education and nutrition reminded me of the film The Last Czars. Emperor Nicholas asks his communist captors why he has been imprisoned despite loving Russia and being loyal to it. Budgets are boring documents if we look at them only in terms of financial …

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PAKISTAN CRISIS

Pakistan is no stranger to crises, In fact, any reading of Pakistan’s history will inform the reader that right from 1947, it was the ‘refugee crisis’ that came into the picture immediately following Partition and Independence. As many as 14 million people crossed the West Pakistan/India border, with Pakistan having …

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INDIA STANDS ON NET-ZERO BY 2070

Union Minister of Environment, Forest and Climate Change, Shri Bhupender Yadav today addressed the Ministerial Session on ‘Adapting to an Uncertain Future: Reshaping of Global Partnerships’ at India Energy Week in Bengaluru. To reshape the global partnership, India has adopted a “whole-of-society” approach with governments engaging at national, sub-national and …

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