India likely to record normal monsoon this year Context: Skymet, a private weather forecasting agency, predicts a normal monsoon season for India this year, with an expected rainfall of 102% of the long-period average (LPA) from June to September. Scientists at the India Meteorological Department […]
Reserve Bank of India (RBI) to Review Liquidity Coverage Ratio Framework Context: The RBI is poised to reassess the Liquidity Coverage Ratio (LCR) framework to enhance liquidity risk management in banks, prompted by recent occurrences in jurisdictions like Silicon Valley and Signature Bank in the […]
Overview of the Prevention of Money Laundering Act (PMLA) Context: Recently, The Delhi High Court has ruled that political parties can fall under the purview of the Prevention of Money Laundering Act (PMLA), stating that Arvind Kejriwal would be accountable for the activities of AAP […]
The climate crisis is not gender neutral Context: The climate crisis is one of the most pressing challenges of this time. However, according to the United Nations Development Programme (UNDP), women and children are 14 times more likely than men to die in a disaster […]