UPSC Daily News Summary | Current Affairs

Daily News Summary

Get concise and efficient summaries of key articles from prominent newspapers. Our daily news digest ensures quick reading and easy understanding, helping you stay informed about important events and developments without spending hours going through full articles. Perfect for focused and timely updates.

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Newspaper

Best of BS Opinion: Lessons from governance, markets, and culture

Business Standard
Polity and Governance
2025-01-14

Governance
University Grants Commission (UGC)

The article explores the need for systemic change across various sectors in India

Link :- https://www.business-standard.com/opinion/columns/sebi-s-sif-move-aims-to-deepen-corporate-bond-market-for-investors-issuers-125011200676_1.html

Ground realities: Groundwater contamination poses serious hazards

Business Standard
Environment
2025-01-14

Groundwater contamination
Bureau of Indian Standards (BIS)

India's groundwater, crucial for rural water and irrigation, faces severe contamination as highlighted in the 2024 Groundwater Quality Report by the Central Ground Water Board. Notable pollutants include nitrate, fluoride, and arsenic, with significant regional quality variations.

Link :- https://www.business-standard.com/opinion/editorial/ground-realities-groundwater-contamination-poses-serious-hazards-125011401179_1.html

FinMin considers asking banks to implement geotagging for all BCs

Business Standard
Economics (Macroeconomics)
2025-01-14

Business Correspondents (BCs)
Data Integrity

The Union Ministry of Finance plans to implement geotagging for Business Correspondents (BCs) to enhance accountability, improve service delivery, and facilitate monitoring. This initiative aims to bridge the urban-rural divide, promote financial inclusion, and detect fraud.

Link :- https://www.business-standard.com/economy/news/finmin-considers-asking-banks-to-implement-geotagging-for-all-bcs-125011400949_1.html

India to top G20 with 7.3% insurance premium growth over 2025-29: Report

Business Standard
Economics (Macroeconomics)
2025-01-14

Insurance
Economic Outlook

India's insurance market is set to be the G20's fastest-growing over the next five years, with premium volumes increasing 7.3% annually. Growth is driven by macroeconomic stability, regulatory support, and digitalization, despite natural catastrophe vulnerabilities.

Link :- https://www.business-standard.com/economy/news/india-to-top-g20-with-7-3-insurance-premium-growth-over-2025-29-report-125011400952_1.html

In a Trumpian world: Power shift to China delays new global rules

Business Standard
International Relations
2025-01-14

Global Power Shift
Western Sanctions

The article discusses the shifting global power dynamics as Donald Trump reassumes the US presidency amidst the rise of China and autocratic leaders like Putin and Xi. It explores the decline of multilateralism and the challenges for global cooperation and stability.

Link :- https://www.business-standard.com/opinion/columns/in-a-trumpian-world-power-shift-to-china-delays-new-global-rules-125011401170_1.html

Express view on inflation data: Slim pickings for the RBI

The Indian Express
Economics (Macroeconomics)
2025-01-14

RBI
Inflation

Inflation in India has declined from 6.21% in October to 5.22% in December, driven by moderating food prices, potentially allowing for easing policy rates. However, the falling rupee, weakened foreign exchange reserves, and growth concerns complicate the central bank's decisions.

Link :- https://indianexpress.com/article/opinion/editorials/express-view-on-inflation-data-slim-pickings-for-the-rbi-9777214/