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15th August 2017 Part-2: Daily News Analysis
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Current Account Deficit explained

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

U
Unacademy user
sir please make a separate slide to help us have a better understanding of economic terms like trade deficit for those who are new to this subject ...... thank you sir you are great job on yo ur part and happy independence day.
Keep explaining economy related concepts daily which are in news. It will really help us to relate them with current affairs and understanding them will be much easy.
I have never ever seen such high honours a dedicated person like you sir!!! Thank you so much sir... fall short of words to express our gratitude.... ????????????????????????????????????
thanks sir for your great Efforts. Sir try to add some students friendly slides instead of explaining such a long time. e.g. BoP = Current Account + Capital Account Current Account = Merchandise Goods + Invisible Goods + Remittances Capital Account = FDI + FPI etc. Thanks.
Ks
jatin sir is sport news will be asked in civil service exam I am considering daily sports news like cricket ,chess etc not Olympic sports. thank you sir
Jatin Verma
2 years ago
No need
Rahul Kanwat
2 years ago
sir your one comment clears doubts of many
Rahul Kanwat
2 years ago
thanks sir
  1. Daily The Hindu News Analysis 15th AUGUST 2017 By Jatin Verma Educator Unacademy unacademy


  2. Even though this recurring epidemic has killed over 5,000 people since 2010, its primary cause wasn't identified until early this year.Now, researchers have learnt that a majority of the children being admitted to BRD have scrub typhus a mite-borne disease endemic in U.P. Because they weren't treated during early stages of the disease, the scrub typhus triggered brain inflammation, which can be very hard to cure The confused history of research into the Gorakhpur pestilence begins in 1978. Today, researchers suspect that Japanese encephalitis wasn't the only cause even then. Scrub typhus was hiding in the encephalitis burden during the seventies as well. . Wrong approach . Why did it take so long to pinpoint scrub typhus? First, because we were too focused on the usual suspects to look beyond them. Over the past few decades, organisations such as the National Institute of Virology and the National Centre for Disease Control, visited BRD Hospital repeatedly and ran lab tests for dozens of pathogens known to cause encephalitis, such as enteroviruses, the chikungunya, herpes simplex and dengue viruses, and the malaria parasite. . But researchers who first found scrub typhus in BRD's encephalitis wards, say this was the wrong approach The scientists should have studied the symptoms of each patient in detail, logging data such as the length of fever before encephalitis,and involvement of organs other than the brain, like the liver and the spleen.


  3. These symptoms would have revealed that the epidemic wasn't due to typical viruses, but the scrub- typhus bacterium that is not known to trigger encephalitis outbreaks. . Instead, the focus remained on lab testing, allowing the disease to continue killing, unseern. Deaf to data: Once Japanese encephalitis vaccinations began in 2007, incidence of this disease at the hospital fell to less than 20%, but encephalitis cases kept coming. It was obvious to researchers that something other than Japanese encephalitis was at work. For a brief period, doctors at BRD suspected that enteroviruses, a class of viruses to which the poliovirus belongs, were the top cause for the epidemic. But research didn't bear out this suspicion either. Yet, even today, the government is talking of poor sanitation as the reason behind the pestilence at the hospital (enteroviruses spread through contaminated water).And while pushing Japanese encephalitis vaccination campaigns is crucial, as the government is doing, this won't make a dent in the hospital's burden. The government can't ignore the science for a number of reasons. First, it's going to take a miraculous effort by the government to weed out scrub typhus in the State. Most patients who develop fever, the first sign of scrub typhus, go to private healthcare practitioners and not government hospitals.So, these private practitioners, many of whom aren't medically qualified, must be targeted in training programmes. Unless they suspect scrub typhus in children and treat it before it advances to encephalitis, children will keep coming to BRD


  4. Page 14World News: China bans imports from N. Korea China will halt iron, iron ore and seafood imports from North Korea, following through on new UN sanctions after U.S. pressure for Beijing to strong arm Pyongyang over its ally's nuclear programme e Beijing had pledged to fully enforce the latest sanctions after the United States accused China of not doing enough to rein in its neighbour, which relies heavily on the Asian giant for its economic survival. . The United Nations Security Council, including permanent member Beijing, approved tough sanctions against Pyongyang on August 6 that could cost the country $I billion a year. China, which is suspected of failing to enforce past UN measures, accounts for 90% of North Korea's trade. For Daily News & Editorial Analysis, you can follow me on Unacademy https://unacademy.com/user/studiousjatin


  5. Business Page 15: Export growth in July slows to 3.94% Goods exports rose for the twelfth consecutive month with shipments in July registering a 3.94% year on-year growth to $22.5 billion.However,this was the slowest pace of growth since November 2016, when exports grew by 2.56%. . Data showed that major commodity groups of export showing positive growth in the month included engineering goods (1516%), Petroleum Products (20.27%), organic and inorganic chemicals (20.67%) cotton yarn/fabrics and made-ups and handloom Products (5.39%) and marine products (30.53%) Non-petroleum and non-gems and jewellery exports in July increased 6.93% to $22.5 billion. Meanwhile, goods imports in July recorded 15.42% to $33.99 billion-the slowest pace since l 13% growth in January 2017. This led to trade deficit (goods) narrowing on a month-on-month basis to $1 1.45 billion, the lowest since $10.5 billion recorded in the month of March 2017. 'Rising rupee hurts": This is quite evident from the trade data that shows that while exports for July grew by 3.94%, in rupee terms the growth has turned negative. In rupee terms, exports shrunk 0.32% in July to .45 lakh crore. while engineering exports have still been growing at a respectable pace, it is due to pick up in base metals. Major commodity group of imports showing high growth in July were petroleum products (15.02%), electronic goods (22.5%), machinery, electrical and non-electrical (7.34%), Pearls, precious and semi-precious stones (6.86%) and gold (95.05%)


  6. Busness Page: Retail,WPI inflation accelerate. Retail inflation as measured by the consumer price index (CPI) accelerated to 2.36% in July after easing for three straight months. . The gains in retail prices were driven by a hardening of prices in sugar and confectionery items, pan, tobacco and intoxicants. However, there was disinflation in the food basket. The Reserve Bank of India (RBI), which factors in CPl for arriving at its monetary policy,had earlier this month slashed the key interest rate (repo rate) by 25 basis points to 6%. Separately, skyrocketing tomato Prices Propelled inflation at the wholesale level to 1.88% in July from 0.9% in June, with food category overall contributing significantly to the uptick in WPI terms. . Inflation in the food segment of the primary articles category in July came in at 2 15%, snapping a two-month contraction. Within this, the fruits and vegetables segment contributed the most, with inflation coming in at 29%. 'Seasonal, temporary":what we have to recognise is that these are seasonal influences and are therefore temporary in nature. "We must look at core WPl inflation and see if there are any factors pushing it up. Otherwise, this increase will subside shortly.As far as fuel is concerned, there has not been any significant movement in crude oil prices, so that wouldn't put any pressure in either direction


  7. Chrome le Edit View tistory Bookmarks People Window Help (42) Jatin Verrra Tw IPS officers jc (42) 7th August 2, r.. Cesss #imit on C Sec u re https://unacademy.com/user/jatinverma71 JATIN VERMA Searching for JATIN VERMA" EDUCATORS Jatin Verma Mahesh Verma COURSES The Hindu-Daily News Analysis July 2017 6y Jatin Verma Hindi) The Hindu-Daily News Analysis July 2017 (Hindi) The Hindu-Daily Editorial Analysis for June 2017 By Jatin Verma The Hindu-Daily News Analysis for June 2017 y 3atin Verme The Hindu -Daily News Analysis August 2017 yJatin Verma


  8. Chrome File Edit View History Bookmarks People Window Help 70% Wed 9:53 PM UPSC PRSI x, G PAVERx New Tab e Secure https://unacademy.com/usenjatinverna71 Explore Search Courses, Topics & Educators Jatin @ D credas Jatin Verma Follow Worked at Citi Bank Books, movies, travelling, share trading. Have appeared in UPSC CSE twice. Preparing again Activity 29 Courses 128.9k Followers 5 Following Impact Jatin Verma added a new lesson Th 3,024,634 9th August 2017 Editorial-1: Food for Action (on NFSA) National Food Security Act 2013: A Complete Analysis Jatin Verma replied on a comment 2h sir will this state food commission be a quasijudicial body??" Harpreet Singh Kalsi Jatin Verma 2h you can say... in loose sense of the term, though. how Al


  9. Other Courses by me: Mediumm Timings 1. The Hindu News Analysis 2. The Hindu Editorial Analysis 3. Daily PIB Summary Live Now. 4. Daily MCQs on Current Affairs 5. Yojana/Kurukshetra Analysis Coming son. [Hindi & English] 6. Indian Polity Crash Course 7. Most Important Current Affairs. [Hindi & English] 9.00 am [Hindi & English] 9.00 am [Hindi & English] 5.00 pm [Hindi & English]7.30 pm Ist Sunday [Hindi] [Hindi & English]. Periodic Periodic For Indian Polity Crash course, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin


  10. For Daily News & Editorial Analysis, you can follow me on Unacademy https://unacademy.com/user/studiousjatin