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CURRENT AFFAIRS

Should States Receive Compensation for Revenue Loss Due to GST Reforms?

The Union government’s plan to restructure GST into a two-tier system of 5% and 18% seeks to simplify processes and enhance competitiveness, but it might result in a temporary revenue loss of ₹60,000–1,00,000 crore. As the five-year compensation program (2017–22) has concluded, discussions regarding the compensation of States have reemerged

India's GST Journey: 2017 to 2025

The Government has revealed plans for “next-generation GST reforms” to be implemented by Diwali 2025, aimed at simplifying tax brackets, alleviating pressure on households, and facilitating compliance for MSMEs

USA’s 50% Duties on Indian Exports and Its Consequences

Beginning August 27, 2025, the United States has enacted 50% tariffs on a diverse array of Indian goods exported

Appeal for India to Evolve into 'a product nation'

There is an increasing agreement that India needs to shift from being mainly a service-oriented economy to a product-driven nation in light of US punitive tariff measures

India's Distinct Dairy Farming Approach and Its Issues

India’s inexpensive, cooperative-driven dairy system maintains global price competitiveness, yet its reliance on affordable labor and low productivity presents long-term sustainability issues

Cruise Travel in India

India's cruise tourism is swiftly growing by utilizing its vast rivers, coastlines, and ports to provide distinctive leisure and cultural opportunities

Parliament Approves Five Important Maritime Laws to Enhance Blue Economy

The Parliament approved five significant bills in the recently finished Monsoon Session, which revamped colonial-era maritime regulations and will enhance the Blue Economy

Migration is Crucial for Globalization: Amartya Sen

Nobel Prize winner Amartya Sen recently emphasized that migration has been a significant driver of global advancement, facilitating the exchange of culture, knowledge, and values

India's proposed Climate Finance Taxonomy

In May 2025, the Ministry of Finance published India’s preliminary Climate Finance Taxonomy for public feedback

Anna-Chakra Supply Chain Enhancement Tool

The Centre has launched the “Anna-Chakra” Supply Chain Optimisation Tool across 30 States/UTs within the Public Distribution System (PDS)

Latest News

Hundreds of Indian students

Indian students in Germany face deportation crisis over visa confusion

Board of Control for Cricket in India

Gautam Gambhir’s Test coaching future secured as BCCI clears replacement speculation

Bangladeshi political activist Osman Hadi

Two suspects in Osman Hadi killing escape to India via Meghalaya, says Dhaka Police

Mumbai sessions court

Caregiver gets bail in ₹6.93 crore fraud case involving retired IIT-Bombay professor

Chhattisgarh’s Raigarh district

Mining protest erupts into violence in Chhattisgarh’s Raigarh, police vehicles torched

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