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Daily News Analysis 26-03-2016

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.         

 

US wants to work with India to curb radicalisation (Page 15)

a)     I.R

a)     The US has proposed to work with India to prepare a road map in countering violent extremism and radicalisation.

2.

Pak summons envoy on spy arrest, India rejects claims (Pages 1 and 14)

a)     I.R

a)    India rejected Pakistans claims that it had arrested a serving naval officer in Balochistan for what it called subversive activities. However, the Ministry of External affairs admitted that the man believed to be arrested was a former officer of the navy.

3.

Former Pak PM Gilani visited my house: Headley (Page 15)

a)     I.R

a)     In a fresh revelation, Pakistani-American terrorist David Coleman Headley testified before a court on March 25 that in 2008 former Pakistan PM Yousuf Raza Gilani had visited his house in Pakistan to condole the demise of his father, who worked as a Director General of state-run radio, Radio Pakistan and died a few days after the 26/11 terror attacks.

4.

India to appeal WTO verdict in solar case filed by the US (Page 17)

a)     International

a)     The government said India will appeal against the World Trade Organisations verdict over its policy relating to solar power equipment.

5.

Syrian Army retakes Palmyra citadel (Page 16)

a)     International

a)     Islamic State fighters were on the retreat in the strategic Syrian city of Palmyra, as the United States said it probably killed several senior leaders of the militant group this week including its top finance officer.

6.

No Islamist jihadist groups in Sri Lanka (Pg 16)

a)     International

a)     A study commissioned by the Colombo-based International Centre for Ethnic Studies said that there are no Islamist jihadist groups in Sri Lanka. 

7.

Forex reserves swell to $355.94 b (Page 17)

a)     National

b)     Economy

a)     Latest data released by the Reserve Bank of India showed that the countrys foreign exchange reserves rose to an all time high of $355.94 billion for the week ended March 18.

8.

US fourth quarter GDP growth raised to 1.4 percent, profits tumble (Page 17)

a)     Economy

a)     US economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang.

9.

Saturns moon has tall peaks (Page 22)

a)     S&T

b)     Geography

a)     Scientists working on NASAs Cassini mission have identified the highest point on Saturns largest moon Titan.

 

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.         

 

US wants to work with India to curb radicalisation (Page 15)

a)     I.R

a)     India – US relations

b)     Extremism and radicalisation

c)     Islamic State (IS)

d)     Homeland Security Presidential Directive (HSPD-6)

a)     The US has proposed to work with India to prepare a road map in countering violent extremism and radicalisation. The phenomenal rise of the terrorist outfit IS is one of the reasons that prompted the move and the US has proposed that both countries exchange information on this aspect.

b)     India and the US are to meet for Homeland Security dialogue soon and this is one of the agenda points that will be discussed.

c)     There are many countries which want to emulate Indias strategy and policies when it comes to stalling the influence of IS in their territory. Barring a miniscule number of young men who have travelled to Syria to join the IS, the pull of the outfit in India is negligible.

d)  The US wants to collaborate with India on building model programmes to wean away the youth from falling for extremist ideology. It intends to launch such capsules on the Internet and how to counter the influence in the online world.

e)     The US has also reiterated its proposal that India agree to the HSPD-6, a model text agreement for exchange of terrorist screening information between Terrorist Screening Centre of the US and any Indian security agency.

2.

Pak summons envoy on spy arrest, India rejects claims (Pages 1 and 14)

a)     I.R

a)     India – Pakistan relations

b)     Terrorism

c)     Research and Analysis Wing (RAW)

d)     Pathankot terror attack

e)     Jaish-e-Mohammad

a)    India rejected Pakistans claims that it had arrested a serving naval officer in Balochistan for what it called subversive activities. However, the Ministry of External affairs admitted that the man believed to be arrested was a former officer of the navy.

b)     The government also denied the Pakistani claim that the former officer was spying, saying that India has no interest in interfering in internal matters of any country and firmly believes that a stable and peaceful Pakistan is in the interest of all in the region.

c)     According to documents released by Military intelligence sources in Pakistan, the arrested man identified himself as Kulbhushan Yadav (formerly a commander in the navy), who was sent under deputation to the RAW to Iran.

d)     Meanwhile, India issued visas to five members of a Pakistani Joint Investigation Team who will travel to the country on March 27 to carry forward the probe into the Pathankot airbase attack, blamed on Pakistan-based Jaish-e-Mohammad militants.

3.

Former Pak PM Gilani visited my house: Headley (Page 15)

a)     I.R

a)     India – Pakistan relations

b)     Terrorism

c)     26/11 Mumbai terror attacks

d)     Lashkar-e-Taiba (LeT)

e)     Indo-Pak War 1971

 

a)     In a fresh revelation, Pakistani-American terrorist David Headley testified before a court on March 25 that in 2008 former Pakistan PM Yousuf Raza Gilani had visited his house in Pakistan to condole the demise of his father, who worked as a Director General of state-run radio, Radio Pakistan and died a few days after the 26/11 terror attacks.

b)     He said his father had objected to Headleys association with terror outfit Lashkar-e-Taiba.

c)    Referring to the 1971 Indo-Pak War, Headley told the court that he had hated India and Indians since childhood as his school had been bombed in Dec 1971 by Indian fighter planes. Headley said he wanted to cause maximum damage and loss to India.

d)     He said that one of the reasons for him joining the LeT was to avenge the bombing, and hence he travelled to Kashmir to assist separatists fighting the Indian troops.

4.

India to appeal WTO verdict in solar case filed by the US (Page 17)

a)     International

a)     World Trade Organisations (WTO)

b)     Indias National Solar Mission

a)     The govt said India will appeal against the WTOs verdict over its policy relating to solar power equipment.

b)     As part of its National Solar Mission, India had imposed a stipulation that solar cells and solar modules be locally sourced.

c)     US had filed a case against India at the WTO demanding a level-playing field for Indian and foreign solar component manufacturers. The world body ruled in favour of the US.

d)     Indian manufacturers had a complaint against the US counterparts for dumping in India. This would have attracted huge anti-dumping penalties and duties for the US manufacturers, had it been pursued.

5.

Syrian Army retakes Palmyra citadel (Page 16)

a)     International

a)     Syria crisis

b)     Islamic State (IS)

c)     Palmyra

 

a)     Islamic State fighters were on the retreat in the strategic Syrian city of Palmyra, as the United States said it probably killed several senior leaders of the militant group this week including its top finance officer.

b)     The double blow to the hard-line Islamist group in its self-declared caliphate (which covers huge areas of Syria and Iraq) came three days after Islamic State suicide bombers killed 31 people in Brussels.

c)    Many of Palmyras temples and tombs have been dynamited by IS fighters in what the UN described as a war crime.

d)     The recapture of Palmyra (which the Islamist militants seized in May 2015) would mark the biggest reversal for IS in Syria since Russias intervention turned the tide of the 5-year conflict in President Bashar al-Assads favour.

e)     The city controls routes east into the heartland of territory held by the militants, including province of Deir al-Zor and the Islamic States de facto capital in Raqqa.

6.

No Islamist jihadist groups in Sri Lanka (Page 16)

a)     International

a)     Islamist jihadist groups

b)     International Centre for Ethnic Studies (ICES)

c)     Jamaat-e-Islami movement

d)     Thabligh-i-Jamaat movement

a)     A study commissioned by the Colombo-based ICES said that there are no Islamist jihadist groups in Sri Lanka. 

b)     The study had gone into an accusation (made both from within and outside the Muslim community in recent years) that a jihadist movement was being formed in the Eastern province, where Muslims constitute around 37 percent of the population. Muslims account for 9.67 percent of the countrys population.

c)     Though the focus of the study was on the dynamics of intra-group relations among Muslims, researchers also investigated the charges made in certain quarters in the last couple of years.

d)     Quoting Tamil writer and intellectual M.A. Nuhman, the study refers to two reformist movements - Jamaat-e-Islami and Thabligh-i-Jamaat, both of which arrived in Sri Lanka during the 1950s. 

e) The study said the emergence of Saudi-based movements in Sri Lanka such as Thawheed Jamaat has transformed the conflict into Wahabism (Thawheed) versus Sufism.

7.

Forex reserves swell to $355.94 b (Page 17)

a)     National

b)     Economy

a)     Indias Forex reserves

b)     Fiscal deficit

c)     Fiscal consolidation

d)     Monetary policy

e)     RBI

a)     Latest data released by the RBI showed that the countrys foreign exchange reserves rose to an all time high of $355.94 billion for the week ended March 18. According to RBI, total reserves grew by $ 2.54 billion for the week ended March 18 on back of sustained inflows in the equity market.

b)     According to RBI, foreign currency assets mainly contributed to the rise in total reserves which grew by $2.5 billion during the week to $ 322.5 billion.

c)     The govt maintained the fiscal deficit target for 2016-17 at 3.5 percent while reducing the small savings rate which could create more room for the central bank to lower interest rate. RBI (which has reduced interest rate by 125 bps since Jan 2015) is widely expected to cut it by at least 25 bps when it reviews the monetary policy on April 5.

8.

US fourth quarter GDP growth raised to 1.4 percent, profits tumble (Page 17)

a)     Economy

a)     US economic growth

b)     GDP

 

a)     US economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang.

b)     GDP increased at a 1.4 percent annual rate instead of the previously reported 1.0 percent pace.

c)     GDP growth was initially estimated to have risen at only a 0.7 percent rate. The economy grew at a rate of 2.0 percent in the third quarter and expanded 2.4 percent for all of 2015.

d)    Consumer spending (which accounts for more than two thirds of US economic activity) rose at a 2.4 percent pace rather than 2.0 percent rate reported last month. That reflected more consumption of services than previously estimated.

9.

Saturns moon has tall peaks (Page 22)

a)     S&T

b)     Geography

a)     Saturns moon (Titan)

b)     Cassini mission

c)     NASA

a)     Scientists working on NASAs Cassini mission have identified the highest point on Saturns largest moon Titan.

b)     Titans tallest peak is 10,948 feet high.

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