About IN-SPACe is an independent nodal agency under Department of Space (DOS) for allowing space activities and usage of DOS owned facilities by Non-Government-Private-Entities (NGPEs). Formally inaugurated in 2022, it acts as the promoter and regulator of space activities in …
Context De-dollarisation refers to the replacement of the U.S. dollar by other currencies as the global reserve currency. A reserve currency refers to any currency that is widely used in cross-border transactions and is commonly held as reserves by central …
Context The recent strike by Zomato-owned Blinkit delivery agents has once again brought to the forefront the issues plaguing the gig economy in the country and the reforms required to stop the exploitation of such workers. The strikes began when …
What’s in the news? The Department of Science and Technology (DST) and the United Nations Industrial Development Organization (UNIDO) has conducted a joint study to evaluate the innovation performance of manufacturing firms in India. The study, titled “National Manufacturing Innovation …
What is PMI? Purchasing Managers’ Index is an economic indicator which indicates the business activity & economic health of both the manufacturing and service sectors. PMI of India is compiled and constructed by IHS Markit, an information services provider. PMI …
Asian Development Bank (ADB) ADB is a multilateral development bank established in 1966. It is headquartered in Manila, Philippines The largest shareholders of ADB are- Japan (15.6%) ,United States (15.6%), China (6.4%), and India (6.3%) Objectives It aims to promote …
What’s in the news? Recently, the Supreme Court ruled that it can exercise its plenary power to do “complete justice” under Article 142(1) of the Constitution to dissolve a marriage on the ground that it had broken down irretrievably, without …
Law on Sedition (Section 124A) Section 124A of the Indian Penal Code (IPC), deals with sedition. It was drafted by Thomas Babington Macaulay and included in the IPC in 1870. It states that ‘Whoever, by words, either spoken or written, …