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Fresh SSB batches starting 17th July. Referred articles were published in The Hindu.
1. Population Decline and an Ill-Informed Chorus
NEWS IN SHORTS
1. Indian Team to Negotiate US Trade Deal Further
An Indian trade negotiation team will travel to the U.S. for the third time to seek clarity on recent announcements from Washington, including a proposed 10% tariff on imports from BRICS countries. India aims to continue negotiations for a "mini" trade deal and a wider bilateral investment treaty, seeking assurances on how the new tariffs will impact India and the ongoing trade discussions.
2. Centre Identifies Domestic Firm for S-400 Maintenance
The Defence Ministry has identified an Indian firm to establish a maintenance, repair, and overhaul (MRO) facility for the S-400 air defence system. This collaboration with Russia's Almaz-Antey aims to reduce dependence on foreign entities and is a landmark achievement under the India-Russia military-technical cooperation, bolstering India's self-reliance in defence. India has three S-400 systems operational, with two more expected by 2026.
3. Axion-4 Mission to Undock on July 14
The Axion-4 mission, including Indian astronaut Shubhanshu Shukla, is scheduled to undock from the International Space Station (ISS) on July 14. The crew members are expected to undock from the orbiting laboratory on July 14. This mission involved 60 scientific experiments and active participation from 21 countries, including the U.S., India, Poland, Hungary, Saudi Arabia, Nigeria, the United Arab Emirates, and several nations across Europe.
4. Bridge Too Far: Audit of Infrastructure is a Must
Recent incidents of bridge collapses in Gujarat and Pune, along with other public infrastructure failures, highlight a critical need for a regular audit of all major infrastructure projects in India. These incidents, which have resulted in fatalities and injuries, underscore the fragility of existing infrastructure due to underfunding, neglect, and poor maintenance. There's an urgent call for stricter regulations, mandatory inspections, and publication of audit findings to ensure public safety.
5. NITI Aayog Suggests Reduced 'Core' Grant Support for State S&T Bodies
NITI Aayog has recommended that the Department of Science and Technology (DST) cut its "core grant" support for State Science and Technology (S&T) Councils and redirect funds towards project-based research. The report highlights that state councils lack effective management and accountability, with only a small portion of central funds reaching their intended beneficiaries. This shift aims to improve the quality of research and reduce regional imbalances in scientific development.
6. Corporate Net Profit May Be Lukewarm in Q1 FY26: Analysts
Analysts predict that corporate net profit in Q1 FY26 may be lukewarm, with non-financial firms expecting a marginal increase of 4%. While banking and financial services may see growth, manufacturing and mining sectors are anticipated to face challenges. Factors like a slowdown in domestic demand and increased costs could impact overall profitability, suggesting a cautious outlook for the first quarter of the fiscal year.
7. Trump Threatens 500% Tariff on Importing Oil from Russia
U.S. President Donald Trump has threatened a 500% tariff on oil imports from Russia, aiming to reduce Russia's revenue and global energy influence. This move comes amid ongoing sanctions and aims to further pressure Russia's economy. The proposed tariffs could significantly impact global oil prices and energy markets, prompting concerns about potential economic repercussions for various countries.
8. UNICEP to Provide Career Counselling for Eklavya Students
The National Education Society for Tribal Students (NESTS), which administers over 470 Eklavya Model Residential Schools (EMRS), has partnered with UNICEF to provide psycho-metric assessment, career counselling, and training in life-skills and self-esteem for students. This initiative, called TALASH, aims to prepare students for competitive exams like JEE and NEET, improve their overall well-being, and facilitate their entry into higher education and professional fields.
9. Google and UNC unveil AI Innovations to Make Agri Practices More Data-Driven
Google and the University of North Carolina (UNC) have unveiled new open-source AI innovations aimed at transforming agricultural practices through data-driven insights. These innovations include advanced AI models for crop monitoring, disease detection, and yield prediction, leveraging satellite imagery and deep learning. The initiative seeks to empower farmers with timely, precise information to improve efficiency, reduce waste, and enhance food security by making agriculture more sustainable and resilient.
Sachin Jangir