Sovereign Wealth Funds (SWF): High Crude Oil prices have been advantageous for the countries to invest through their Sovereign wealth funds. Six of the top 10 countries by SWFs are oil-rich economies. A sovereign wealth fund is a state-owned investment fund comprised of the money generated by the government, often derived from a country’s surplus […]
Month: July 2022
New Insights Involved In The Movement Of The Earth’s Tectonic Plates
New Insights Involved In The Movement Of The Earth’s Tectonic Plates: A recent study by a team of scientists at Goa-based National Centre for Polar and Ocean Research (NCPOR) has brought new insights into the critical processes involved in the movement of the earth’s tectonic plates. The buoyant rising of hot and low-density magma or […]
Youth In India 2022 Report
Youth In India 2022 Report: The Ministry of Statistics and Programme Implementation (MoSPI) has released ‘Youth in India 2022’ Report, which shows that the population share of the youth is starting to decline whereas the share of the elderly is expected to increase during 2021-2036. A sustained drop in fertility has led to an increased […]
Sri Lanka’s Crisis
Sri Lanka’s Crisis: Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, the worst in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials. Following the political and economic instability, hundreds of anti-government protesters stormed into the Sri Lankan President’s residence demanding his […]
Child Labour
Child Labour: The Centre does not have any data on child labour in the country and a reason for this is the drying up of budgetary provisions meant for the National Child Labour Project (NCLP), which had been monitoring the issue for about three decades. Since the NCLP was merged with the Samagra Shiksha Abhiyan […]
Daily Current Affairs for UPSC IAS: 13th July 2022
Today Current Affairs: 13th July 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Azores High
Azores High: A study revealed that an extremely large ‘Azores High’ (a subtropical weather phenomenon) has resulted in abnormally dry conditions across the western Mediterranean, including the Iberian Peninsula, primarily occupied by Spain and Portugal. Azores High is a subtropical high pressure system that extends over the eastern subtropical North Atlantic and western Europe during […]
Statue Of Peace Of Swami Ramanujacharya
Statue Of Peace Of Swami Ramanujacharya: In Srinagar, Union Home Minister Shri Amit Shah unveiled Swami Ramanujacharya’s Statue of Peace. Ramanujacharya was Born in 1017 in Sriperumbudur in Tamil Nadu. Ramanujacharya is revered as a Vedic philosopher and social reformer. He travelled across India, advocating equality and social justice. He Brought the treasure of Vedic […]
World Population Prospects 2022
World Population Prospects 2022: According to the 2022 edition of the United Nations’ World Population Prospects (WPP), India is projected to surpass China as the world’s most populous country in 2023. The Population Division of the UN has been publishing the WPP in a biennial cycle since 1951. Each revision of the WPP provides a […]
G-20 Foreign Ministers Meeting
G-20 Foreign Ministers Meeting: The External Affairs Minister of India met with the US Secretary of State and Russian Foreign Minister and other counter parts in Bali (Indonesia) on the sidelines of the G20 Foreign Ministers Meeting. The meeting was held under the theme of “Building a more peaceful, stable, and prosperous world together.” G20 […]