GST compensation: how some states are borrowing, and which ones aren’t.

Context : After Puducherry, Congress-ruled Rajasthan last week became the latest Opposition-ruled state to opt for a special borrowing window for meeting its compensation shortfall under Goods and Services Tax (GST). Other dissenting states — Kerala, Punjab, West Bengal, Chhattisgarh, Jharkhand — are yet to join any of the borrowing options floated by the central

New peace deal between Armenia and Azerbaijan!

Context :  Russia brokered a new peace deal between Armenia and Azerbaijan, the two countries that have been in a military conflict for over six weeks over the disputed region of Nagorno-Karabakh in the South Caucasus. During the course of the conflict, considered one of the most serious in recent years, over 1200 have lost

GRACE-FO mission

Context : The GRACE-FO mission has mapped deviation in Earth’s surface mass and spatial variations in the rate of sea-level rise between 1993 and 2018 using altimetric and gravimetric analysis. Details : The Gravity Recovery and Climate Experiment Follow-On (GRACE-FO) mission launched in 2018 is a partnership between NASA and the German Research Centre for

Thirty Metre Telescope

With regime change in the US, hopes have been raised for the Thirty Meter Telescope (TMT) in Hawaii. India is one of the partners in the ambitious next-generation observatory project along with the US, Canada, China and Japan. The TMT is a proposed astronomical observatory with an extremely large telescope (ELT) that has become the

Armenia and Azerbaijan Peace Deal

Armenia and Azerbaijan agreed on a deal with Russia to end fierce clashes over Nagorno-Karabakh after a string of Azerbaijani victories in its fight to retake the disputed region. Ending up the bloodshed During the course of the conflict, over 1200 have lost their lives as per the Nagorno-Karabakh authorities, while thousands have been displaced.

OPEC+

Oil prices jumped by close to 10% for its biggest daily gain in almost six months after news of a highly effective vaccine against COVID-19 and Saudi Arabia’s assurance that an OPEC+ oil output deal could be adjusted to balance the market. About OPEC OPEC stands for Organization of the Petroleum Exporting Countries. It is

Competition Commission of India

The Competition Commission of India (CCI) has ordered a detailed probe against Google for ‘abuse’ of its dominant position, primarily with regard to its digital payments application GPay. The order follows a complaint by an ‘informant’ alleging multiple instances of abuse of dominant position by Google, with CCI deciding to carry forward the investigation into

National Agricultural Education Policy

The first National Agricultural Education Policy is set to bring academic credit banks and degree programmes with multiple entry and exit options to the 74 universities focussed on crop sciences, fisheries, veterinary and dairy training and research. A six-member committee of Vice-Chancellors has been asked to submit a draft policy document to the Agriculture Ministry

Study in India Programme

Minister of Education has confirmed that through ‘Study in India, Stay in India and Internationalisation of Education’, we are committed to establishing India as a global hub of education. To ensure high quality of education, it is also necessary that we move forward with cooperation, coordination and agreement with the leading universities of the world.

Shanghai Cooperation Organisation

20th Summit of SCO Council of Heads of State was held recently. The Meeting was chaired by the President of the Russian Federation Mr. Vladimir Putin. Prime Minister Shri Narendra Modi led the Indian delegation. Speech of the Prime Minister  Prime Minister Narendra Modi reiterated India’s firm belief in regional peace, security and prosperity and

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