Context: Agrochemical sector is set to see a higher growth rate next fiscal on stable domestic demand and recovery in export volumes, said CRISIL Ratings. Key Highlights: The Agrochemical Sector The agrochemical sector is a part of the chemical industry’s life sciences segment, and it involves the production and distribution of fertilizers and pesticides to increase crop yields. Agrochemical Sector includes: Credit Rating Information Services of India Limited (CRISIL) Credit Rating Information Services of India Limited, is an Indian analytical company providing ratings, research, and risk and policy advisory service
India’s retail inflation and food inflation
Context: Food inflation has also eased marginally from 10.9% to 9.04% in November, rural consumers having reported a marginally higher rise of 9.1%, while the urban population recorded an 8.74% increase in food prices. Highlights: Retail inflation Food Inflation Also read: Inflation
New Sovereign Green Bond (SGrB) Auction Was Successful
Context: The â‚ą5,000 crore auction of the new Sovereign Green Bond (SGrB) of 30-year tenure sailed through on Friday. Highlights: Know about: Green Bonds Also read: Fund raises through Green Bonds
India-Middle East-Europe Corridor (IMEC)
Context: In September 2023, the ambitious transcontinental India-Middle East-Europe Corridor (IMEC) was announced on the sidelines of the G20 summit in New Delhi. Recent Updates on the Corridor: Know more about: India-Middle East-Europe Econo
India supports UNGA resolution on Gaza
Context: With this, India makes its pronouncement as one of the 158 nations supporting the UNGA resolution demanding an immediate, unconditional, and total ceasefire in Gaza. Key Highlight: What is UNGA? A United Nations General Assembly (UNGA) resolution is a decision or declaration that is voted by all the member states of the United Nations. UNGA resolutions are basically a formal statement that represent the international community’s opinion on a range of global issues. The United Nations (UN) The United Nations (UN) is an international organization that was established in 1945 after World War II to maintain international peace and security.
Indian Air Force Clears Major Defence Contracts
Context: Two major defense deals for 100 more K-9 Vajra artillery guns and 12 Sukhoi-30MKI fighter jets, collectively worth Rs 21,100 crore, have been cleared by the cabinet committee. Highlights: K-9 Vajra Sukhoi Su-30MKI (NATO name: Flanker-H)
Disease X
Context: “Disease X” is defined by World health organization (WHO) as an unknown organism of potential global pandemic proportions. Key Findings:
Zeenat: The Tigress
Why in News? A three-year-old tigress, Zeenat, who was shifted from Maharashtra to Odisha’s Similipal Tiger Reserve, leaving forest officials worried. The tigress had strayed into Jharkhand and was likely moving towards West Bengal in defiance of conservation plans. Highlights:
Union Cabinet approves Bills on simultaneous polls
Context: The Union Cabinet on Thursday approved two Bills related to the implementation of simultaneous elections to the Lok Sabha and the Assemblies. Highlights: Know about: One Nation One Election
