News of The Day7th May 2025

News of The Day – 7th May 2025

SOURCES: The Hindu, Indian Express, Live Mint, Business Standard, Economic Times, and PIB.

• About Ahilyabai Holkar and her contribution to administration and culture.
• Her role as a woman ruler in 18th-century India
• Architectural and spiritual legacy

• About Digha Temple
• Religious significance of Digha temple and local sentiments
• Role of intangible cultural practices (like using leftover wood)
• State’s role in religious management vs community traditions

• About archival digitization for historical research.
• Role of National Archives of India and other bodies
• Use of tech in heritage preservation

• What is a Repairability Index?
• Significance of Repairability Index.
• Global best practices and India’s policy push for repairability.

• What is the ‘Safe Harbour’ clause under Income Tax Act
• Impact on transfer pricing norms for MNCs
• Implications for India’s ease of doing business and tax certainty

• What is a Free Trade Agreement (FTA)?
• Key provisions of the India-UK FTA (tariff reductions, services, IP rights, investment)
• Strategic and economic significance for India
• Impact on India-UK bilateral trade and global positioning

• Key takeaways from the dialogue
• India-US collaboration in clean energy and technology
• Importance of global energy diplomacy

• About Human Development Index (HDI)
• Parameters used in HDI (Life expectancy, Education, GNI per capita)
• India’s current ranking and performance trends
• Limitations of HDI and alternative indices (MPI, GDI)

• What is geothermal energy ?
• Advantages of Geothermal energy.
• Location and significance of this geothermal site
• Scope for renewable energy development in Northeast India.

• Objectives of MAHA-EV Mission (Electric Vehicle ecosystem)
• Features of selected e-Nodes
• Role in reducing emissions and promoting EVs

• Objectives and scope of Operation Sindoor
• Agencies involved (Indian Army/CRPF/Police)
• Relevance for internal security and counterinsurgency efforts

• Project 11356 frigates: features and strategic use
• India-Russia defence partnership
• Relevance to naval modernization under Indian Navy