India has a coastline of 7,516.6 km. bordering the mainland and the islands with Bay of Bengal in the East, the Indian Ocean on the South and the Arabian Sea on the West. There are nine States viz. Gujarat, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Odisha and West …
Read More »Financial Action Task Force
The Financial Action Task Force (FATF) is an intergovernmental body established in 1989 based in Paris. It originally included the G7 countries, the European Commission and eight other countries. Today, it comprises of 39 member countries, 2 observer jurisdictions and 9 FATF-Style Regional Bodies. It acts as global money laundering …
Read More »Israeli-Palestinian Conflict
There is still a military and political war between Israel and the Palestinians. Commencing in the middle of the 20th century, it is one of the longest-running hostilities in history. Alongside various attempts to end the larger Arab-Israeli conflict, a number of attempts have been made to resolve the issue …
Read More »Japan to release water from Fukushima nuclear plant
Syllabus: Environmental impact Why in NEWS Japan will release water from the stricken Fukushima power plant into the Pacific Ocean from Thursday. China, Hong Kong and Macau to place partial ban on Japanese imports. Japan insists that the gradual discharge is safe. Operator TEPCO says the water will be diluted …
Read More »Lopsided growth, that bypasses poor nations, risks affecting global economy
Context The International Monetary Fund’s latest update to its world economic outlook posits a global economy showing signs of having weathered its most recent challenges, including the bank collapses in the U.S. and Switzerland, and likely poised to expand by 3% in 2023. Way Forword The Fund’s marginal 20 basis …
Read More »Telcos Oppose
Tech firms and telecom operators are facing off over steep SMS tariffs, causing one-time passcodes and messages to consumers from abroad to cost several times more than what they cost domestically. In response to a consultation paper by the Telecom Regulatory Authority of India (TRAI), telcos argued that there was …
Read More »WINDSOR FRAMEWORK
The United Kingdom and the European Union struck a deal on February 27 regarding post-Brexit trade rules for Northern Ireland, with a view to remove the border between Britain and Northern Ireland running through the Irish Sea. The fact that the Republic of Ireland remained with the EU after Brexit …
Read More »THE UKRAINE TRAP
Sanctions are not hurting Russia, but the war is taking a toll on US and EU economies. February 24 marks the one-year anniversary of the Russia-Ukraine war. Although it was believed this was going to be a one-sided battle, the US and its allies stepped in with weapons for Ukraine …
Read More »GLACIAL LAKE FLOODING
India and Pakistan make up one-third of the total number of people globally exposed to glacial lake outburst floods — around three million people in India and around two million people in Pakistan. According to a 2020 study, the number and total area of glacial lakes worldwide have increased by …
Read More »JAPAN OFFERING MONEY TO MOVE OUT OF TOKYO
According to local media reports, Japan will pay up to one million yen (approximately ₹6 lakh) per child to families if they move out of the Tokyo metropolitan area. This amount was previously set at 3,00,000 yen and has been raised to reduce population concentration in the capital area. The …
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