Rupee logs sixth straight session of loss

Context: The Indian Rupee fell for the sixth straight session and depreciated to a nine-month low of 75.4 against the USD, it is one of the biggest losers among the emerging market currencies. Relevance: GS-III: Indian Economy (Macroeconomics, Monetary Policy, Fiscal Policy, Capital Market) Dimensions of the Article: Understanding Currency Depreciation and the Factors Reasons […]

WPI inflation quickens to a record 7.4%

Context: Inflation based on the Wholesale Price Index (WPI) accelerated in March 2021 to a record 7.4%, a surge that is expected to feed into higher retail prices in the near term. Relevance: GS-III: Indian Economy (Macroeconomics, Inflation, Monetary Policy) Dimensions of the Article: What is Inflation? What is Wholesale Price Index (WPI)? What is […]

PIB 16th April 2021

DEEN DAYAL UPADHYAYA-GRAMEEN KAUSHALYA YOJANA Focus: GS II- Government Policies and Interventions Why in news? Alumni meets organized across the country under Deen Dayal Upadhyaya Kaushalya Yojana (DDU-GKY), commemorating 75 years of Independence. Deen Dayal Upadhyaya – Grameen Kaushalya Yojana (DDU-GKY) DDU-GKY is a placement linked skill development program which allows skilling in a PPP […]

15th April 2021 – Editorials/Opinions Analyses

Contents BIMSTEC needs to reinvent itself BIMSTEC needs to reinvent itself Context: The foreign ministers of BIMSTEC (the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) held their 17th meeting on April 1. While most multilateral groupings from G20 to ASEAN (Association of Southeast Asian Nations) and SCO (Shanghai Cooperation Organisation) held their […]

BIMSTEC needs to reinvent itself

Context: The foreign ministers of BIMSTEC (the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) held their 17th meeting on April 1. While most multilateral groupings from G20 to ASEAN (Association of Southeast Asian Nations) and SCO (Shanghai Cooperation Organisation) held their deliberations at the highest political level in the midst of the […]

Current Affairs for UPSC IAS Exam – 15 April 2021 | Legacy IAS Academy

Contents India, Russia diverge on Indo-Pacific strategy NATO to exit Afghanistan along with U.S. Moody’s on India’s public debt level India, Russia diverge on Indo-Pacific strategy Context: Russian Ambassador to India said that India and Russia are “committed” to completing their contract for the S-400 missile system, due to be delivered to India at the […]

Moody’s on India’s Public Debt Level

Context: Moody’s Investors Service said that India’s public debt level is among the highest in emerging economies with a quantitative easing programme underway, while its debt affordability is among the weakest. Relevance: GS-III: Indian Economy (Economic Growth and Development in India) Dimensions of the Article: What are Emerging markets/economies? What is Public Debt? Is Public […]

NATO to exit Afghanistan along with U.S.

Context: Foreign troops under NATO command will withdraw from Afghanistan in coordination with a U.S. pull-out, after Germany said it would match American plans to leave after two decades of war. Relevance: GS-II: International Relations (International Groupings, Foreign policies affecting India’s Interests) Dimensions of the Article: About North Atlantic Treaty Organisation (NATO) Important Points regarding […]

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