About ICI ● The monthly Index of Eight Core Industries (ICI) is a production volume index. ● The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely …
About SCO ● Shanghai Cooperation Organisation (SCO) is a permanent intergovernmental international organisation established in 2001. ● It’s a Eurasian political, economic and military organisation aiming to maintain peace, security and stability in the region. ● Prior to the creation …
A tropical cyclone is a rapid rotating storm originating over tropical oceans from where it draws the energy to develop. It has a low pressure centre and clouds spiraling towards the eyewall surrounding the “eye”, the central part of the …
CONTEXT A neoliberal economy encourages private capital and the market, while forcing the state to withdraw from welfare. Thus limiting the state in taking concrete and constructive efforts to fulfil the aspirations of the people. Over the years, with growing …
What’s the news? A report from the World Meteorological Organisation (WMO) highlighted that the increase in CO2 from 2019 to 2020 was slightly lower than that observed from 2018 to 2019 but higher than the average annual growth rate over …
What’s in the news? The maiden bilateral tri-service exercise, Konkan Shakti 21, between the armed forces of India and the UK culminated in the Arabian Sea on 27 October 2021. Spanning over four days, the exercise saw the two defence …
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)- …
India is the world’s third-largest energy consuming country, thanks to rising incomes and improving standards of living. Energy use has doubled since 2000, with 80% of demand still being met by coal, oil and solid biomass. In India, that energy transformation …
What’s in the news? United Nations Secretary General Antonio Guterres has stressed the need to close the leadership gap in climate action before the UN Climate Change Conference in Glasgow, Scotland. He made the plea at the launch of the …