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Category: current affairs

CURRENT AFFAIRS – 31/07/2023

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Bitter truths in Maharashtra’s sugar fields S. Irudaya Rajan is Chair at the International Institute of Migration and Development, Kerala The High Court of Bombay has recently taken suo motu cognisance of the exploitation of the intra-State workforce that migrates seasonally from the drought-affected and water-scarce regions of Marathwada to the sugar-belt region of western Maharashtra. Maharashtra is one of the top sugar producers in India. According to the Maharashtra Sugar Commissioner, in 2022-23, the net area under sugar cane was 1.487 million hectares, and there were 203 crushing factories in the State that were expected to produce 138 lakh metric tons…

CURRENT AFFAIRS – 29/07/2023

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Govt. allows Indian companies to list on foreign exchanges through IFSC Finance Minister also launches a clearing mechanism and a market development fund to help in the development of a vibrant corporate bond market in India; The fund will be equipped with ₹33,000 crore to help stabilise the debt market THE HINDU BUREAU MUMBAI Union Minister of Finance Nirmala Sitharaman on Friday said that Indian companies could now directly list their shares on foreign exchanges operating at the GIFT City-based International Financial Services Centre (IFSC) in Gujarat. “I had said in May 2020 that direct listing of securities by public Indian…

CURRENT AFFAIRS – 28/07/2023

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Stapled visas for Arunachal athletes unacceptable: India Behind the scenes: India now says that the Modi-Xi engagement in Bali last November was not just a courtesy call. External Affairs Ministry slams China’s move, says it will respond suitably; New Delhi agrees with Beijing’s statement that Modi, Xi discussed bilateral ties during G-20 summit in Bali last November SUHASINI HAIDAR  NEW DELHI Terming China’s decision to revive the practice of “stapled visas” for Indian sportspersons from Arunachal Pradesh “unacceptable”, India on Thursday lodged a strong protest and said that it would respond suitably, after Beijing refused to give normal visas to three…

CURRENT AFFAIRS – 27/07/2023

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Shedding more light on the debt dilemma M. Govinda Rao is a former Member of the Fourteenth Finance Commission. He is currently Chief Economic Adviser, Brickwork Ratings The elevated levels of India’s fiscal deficit and public debt have been a matter of concern for a long time in India. Even before the COVID-19 pandemic, debt levels were among the highest in the developing world and emerging market economies. The pandemic pushed the envelope further and relative to GDP, the fiscal deficit in 2020-21 increased to 13.3% and the aggregate public debt to 89.6%. As the economy recovered after the pandemic,…

CURRENT AFFAIRS – 26/07/2023

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Arrived at consensus on ties in Bali: China This is the first time either side has suggested that the Bali meeting had included any substantial conversation.PTI SUHASINI HAIDAR ANANTH KRISHNAN NEW DELHI Prime Minister Narendra Modi and Chinese President Xi Jinping reached a “consensus” to restore bilateral ties during their meeting in Bali last year, said China, the first time either side has suggested that the meeting between the two leaders at a dinner had included any substantial conversation. The claim was made in a Chinese Foreign Ministry statement issued after a meeting between National Security Adviser (NSA) Ajit Doval…

CURRENT AFFAIRS – 25/07/2023

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ISRO to launch PSLV-C56 carrying Singapore’s new imaging satellite Space bound: Preparations on for the launch of PSLV-C56 carrying Singapore’s DS-SAR satellite along with 6 other satellites. The launch vehicle is configured in its core-alone mode, similar to that of C55; it will launch DS-SAR, a 360 kg satellite into a near-equatorial orbit; the Synthetic Aperture Radar payload in the satellite will provide all-weather day and night coverage THE HINDU BUREAU BENGALURU The Indian Space Research Organisation on Monday announced that the PSLV-C56 carrying Singapore’s DS-SAR satellite will be launched on July 30 from Sriharikota. The PSLV-C56 carrying DS-SAR satellite will…

CURRENT AFFAIRS – 22/07/2023

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Modi raises aspirations of Tamils with Ranil Boosting ties: Prime Minister Narendra Modi with Sri Lankan President Wickremesinghe in New Delhi on Friday. R.V. MOORTHY PM calls for implementation of 13th Amendment and provincial elections in the island country;  Sri Lankan President lauds India for support offered during financial crisis over the past year KALLOL BHATTACHERJEE  NEW DELHI India expects Sri Lanka to implement the 13th Amendment and ensure a “life of dignity and respect” for its Tamil population, Prime Minister Narendra Modi said on Friday. Welcoming Sri Lankan President Ranil Wickremesinghe to India, Mr. Modi said both sides had held talks on…

CURRENT AFFAIRS – 21/07/2023

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Why is Kerch Bridge attack significant? Broken relations: Kerch Bridge, linking the Russian mainland to the Crimean Peninsula, after an explosion. The Russians claimed that Ukrainian Waterborne drones struck the bridge, which is a vital supply link for the Russian troops in the south of Ukraine.  What is the strategic importance of the bridge? Is Ukraine behind this attack? How did Russia respond? What was the key objective of the Ukrainian counteroffensive? Why did Russia withdraw from a UN-brokered grain deal? What guarantees did Ukraine get from its Western allies at the NATO summit? STANLY JOHNY EXPLAINER The story so…

CURRENT AFFAIRS – 20/07/2023

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Cong. brings in Bill promising minimum income in Rajasthan This is the closest a Congress government has come since its 2019 promise to implement NYAY, a minimum income guarantee programme; Chief Minister Ashok Gehlot says it is the ‘right’ of people to be able to live their life with dignity SOBHANA K. NAIR  NEW DELHI Congress-led Ashok Gehlot government on Tuesday introduced ‘The Rajasthan Minimum Guaranteed Income Bill, 2023’ in the Assembly, in what is likely to be the last session before the State goes to polls in less than four months. The Bill, for the first time in the…
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