National Health Claims Exchange: The government is preparing to bring the National Health Claims Exchange, currently managed by the Health Ministry, under the joint supervision of the Finance Ministry and the Insurance Regulatory and Development Authority of India (IRDAI). NHCX is developed under the Ayushman Bharat Digital Mission (ABDM) by the National Health Authority (NHA) […]
Category: Economics Current Affairs
Operation Fire Trail
Operation Fire Trail: In a major anti-smuggling action, the Directorate of Revenue Intelligence (DRI) seized ₹35 crore worth of banned Chinese firecrackers during “Operation Fire Trail” across Indian ports. Operation Fire Trail is a special intelligence-led enforcement operation launched by the DRI to crack down on illicit imports of Chinese firecrackers, posing environmental, legal, and […]
TALASH Initiative
TALASH Initiative: The National Education Society for Tribal Students (NESTS), an autonomous organization under the Ministry of Tribal Affairs launched the TALASH initiative. The Tribal Aptitude, Life Skills and Self-Esteem Hub (TALASH) is a national- program to support the all-round development of students in Eklavya Model Residential Schools (EMRSs). It was launched by National Education […]
AI-powered Machine Vision-Based Inspection Systems (MVIS)
AI-powered Machine Vision-Based Inspection Systems (MVIS): Indian Railways and DFCCIL have signed an MoU to deploy AI-powered Machine Vision-Based Inspection Systems (MVIS) for real-time detection of rolling stock defects.MVIS is an AI–ML integrated visual inspection platform developed to monitor and detect defects in freight train rolling stock using high-resolution cameras and computer vision. It automates […]
Catastrophe Bonds (Cat Bonds)
Catastrophe Bonds (Cat Bonds): India’s growing vulnerability to climate disasters has reignited policy interest in catastrophe bonds (cat bonds) as a financial instrument for disaster-risk financing. Catastrophe bonds (cat bonds) are insurance-linked securities that convert disaster risk into tradable financial products. They transfer the financial risk of natural disasters like earthquakes, cyclones, and floods—from governments […]
Das Paise ka Postcard Book Brings Back the Postcard Era
Das Paise ka Postcard Book Brings Back the Postcard Era: A heartfelt book titled “Das Paise ka Postcard” by S.N. Ahmed, a retired Indian Army officer, was recently launched in Hyderabad. The book reflects on a time when postcards were the main way people stayed in touch. It was released by well-known actor and director […]
Eklavya Model Residential Schools
Eklavya Model Residential Schools: Nearly 600 students from Eklavya Model Residential Schools (EMRS) across 12 states have cleared top entrance examinations for undergraduate studies in medicine and engineering this year, according to the Tribal Affairs Ministry’s performance assessment. It is a flagship intervention of the Ministry of Tribal Affairs, Government of India, to provide quality […]
Kerala Semicircular Classroom
Kerala Semicircular Classroom: Inspired by the Malayalam film Sthanarthi Sreekuttan, several Kerala schools have adopted a semicircular classroom seating arrangement, breaking away from the traditional row-based system. This shift aims to eliminate student hierarchies and promote inclusion and engagement in learning environments. A semicircular layout places students in an arc, facing the teacher at the […]
PM Modi Sets $20 Billion Trade Target with Brazil by 2030
PM Modi Sets $20 Billion Trade Target with Brazil by 2030: During a state visit to Brazil on July 9, 2025, Prime Minister Narendra Modi set a bold goal to increase India–Brazil bilateral trade to $20 billion by 2030, up from the current $12.2 billion. Speaking at a Joint Press Conference alongside Brazilian President Luiz […]
India’s banks saw a big rise in extra funds
India’s banks saw a big rise in extra funds: The liquidity surplus in India’s banking system jumped to over ₹4 trillion, the highest in more than two years. This was mainly due to increased government spending and a large surplus transfer by the Reserve Bank of India (RBI). The RBI also received a strong response […]