Context: In May, 2024, Myanmar’s army claimed success in retaking Myawaddy from the anti-government coalition. Myawaddy is a critical node in the bustling trade route with its eastern neighbour, Thailand. Different towns of Myanmar have come under the control of …
What is the digital rupee? The digital rupee, or the e-rupee, is a central bank digital currency (CBDC) issued by the RBI. It is similar to the physical cash that you hold in your wallet except that the e-rupee is …
What’s in the news? Paving the way for operationalising the GST Appellate Tribunal (GSTAT) to resolve disputes, Finance Minister Nirmala Sitharaman administered the oath of integrity and sincerity to the tribunal’s first President, Justice (Retd.) Sanjaya Kumar Mishra. A former …
Background of the Dispute The Maharaja of Travancore signed a 999-year Periyar Lake lease agreement with the British government in 1886, for the construction of the Mullaperiyar dam across the river Periyar in the present Idukki district of Kerala. The …
What is dumping? Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of …
About ADB The Asian Development Bank (ADB) was founded in 1966 with the primary mission of fostering growth and cooperation among countries in the Asia-Pacific Region. It is headquartered in Manila, Philippines. At present, ADB comprises 68 members (including India) …
Definition: The Sustainable Development Goals (SDGs) are a set of 17 interconnected global objectives aimed at addressing pressing social, economic, and environmental challenges to achieve sustainable development by 2030. These goals were adopted by the United Nations General Assembly in …
What’s in the news? Reporters Without Borders (RSF, short for Reporters sans frontières in French) has released its World Press Freedom Index 2024. RSF is an international non-profit organization based in Paris, France. About the Index The index puts together …
What are the legal provisions? The Representation of the People Act, 1951 (RP Act) provides for law relating to expenditure incurred by ‘leaders of a political party’. These ‘leaders of a political party’ are popularly known as ‘star campaigners’. These …