Today's Headlines

Today's Headlines - 05 February 2024

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Panchayats earn only 1% of their revenue through taxes

GS Paper II

News Excerpt: 

According to the recent findings by RBI, only 1% of the revenue of panchayats was earned by them, with the rest being raised as grants from the State and the Centre.


CJI highlighted four issues of legal profession

GS Paper II

News Excerpt: 

CJI highlighted four issues within the judiciary on the Foundation Day address on the Supreme Court’s 75th year of establishment, that will have to be addressed through “difficult conversations.”


Dealing with the high government debt

GS Paper III

News Excerpt:

The pandemic’s aftermath has led to the Centre and states accumulating a high level of debt. Bringing it down will be a challenge for the next government.


Also in News


India reported 1.41 million new cancer cases in 2022

News Excerpt: 

According to the World Health Organization's (WHO) latest global cancer burden estimates released on February 1, 2024, the number of new cancer cases rose by 20 million in 2022.


India Infra InvIT to raise fund via debentures

News Excerpt:

Brookfield Asset Management-backed India Infrastructure Trust (India Infra InvIT) will raise Rs 6,452 crore via Non-Convertible Debentures (NCDs).


Personally Identifiable Information

News Excerpt:

The Ministry of Corporate Affairs recently fixed a critical vulnerability in its online portal months after a cybersecurity researcher reported it to India's Computer Emergency Response Team (CERT-In). 


Ergosphere: Making a black hole work

News Excerpt:

Rotating black holes (a.k.a. Kerr black holes) have a unique feature: a region outside their outer event horizon called the ergosphere.


India's demographic time bomb

News Excerpt:

Recently, Finance Minister Nirmala Sitharaman, in her Interim Budget speech, announced the setting up of a high-powered committee to study the challenges of fast population growth and demographic changes.