La Excellence IAS Academy

FPIs invest over Rs 50,000 crore in equity, debt in March

Syllabus: GS-III, Subject: Economy, Topic: Trade and External sector, Issue: FPI Investments.

Context: Foreign portfolio investors (FPIs) have invested over Rs 50,000 crore in Indian stock and debt markets in March.


  • Despite high volatility, FPI activity continues with a rising trend in investment.
  • SEBI has exempted certain FPIs from additional disclosure requirements.
Foreign Portfolio Investment (FPI):

●       It involves investing in assets such as stocks, bonds, ETFs, and mutual funds in another country.

●       FPI is regulated by SEBI in India, under the Foreign Portfolio Investors Regulations, 2019.

●       FPI includes foreign institutional investors (FIIs) and qualified foreign investors (QFIs).

Source: The Hindu

As some parties did not disclose poll bond donors, SC sought their ‘detailed particulars’ in April 2019 order.

Syllabus: GS-II, Subject: Polity Topic: Rights issues, Issue: Electoral Bonds

Context: The Supreme Court had ordered political parties benefiting from the electoral bonds scheme to disclose detailed donor particulars to the Election Commission in April 2019.

Key Issues:

  • A recent data release showed many parties did not reveal donor identities despite the court’s directive.
  • Bench demands SBI to explain omission of alphanumeric serial numbers of electoral bonds.
  • Court seeks full disclosure, including donor details, denomination, and redemption dates.

Source: The Hindu

Analysing datasets: How predictive AI models are gaining traction

Syllabus: GS-III; Subject: Science and Technology; Topic: Emerging Technologies, Issue: AI Models

Context: Generative AI, including platforms like ChatGPT and Gemini, is gaining traction among companies and researchers for various applications.


  1. Yandex has developed a real-time monitoring service for volcanic ash movement using advanced mathematical models and neural networks.
  2. Companies are increasingly using generative AI for purposes such as oil exploration and drug discovery.
  3. AI algorithms analyse historical data to make predictions, like locating new oil wells based on past successes.

 Prelims Connect (Terms in news)

Generative AI:

●       Generative AI creates various content types like text, images, and audio rapidly.

●       Its user-friendly interfaces simplify content creation.

Source: Indian Express

Elections in India and EU holding up FTA talks, hope to start later this year: Irish Minister

Syllabus: GS-II, Subject: Economy, Topic: Trade and External sector, Issue: India-EU FTA

Context: Talks for the India-EU Bilateral Trade and Investment Agreement are delayed due to elections in India and the European Parliament.


  • Negotiations face challenges due to defensive interests, especially in agriculture, and upcoming elections.
  • Progress is expected after the elections, with talks possibly accelerating in the autumn.
  • Despite India’s recent FTA with EFTA countries, negotiations with the EU are pending.
European Free Trade Association (EFTA) (1960):

●       Promotes free trade and economic integration among member states.

●       Member countries include Iceland, Liechtenstein, Norway, and Switzerland.

●       Unlike the EU, EFTA is not a customs union, allowing member states to set their own customs tariffs and trade policies.

Source: The Hindu

Centre to procure tur, masur dals directly from farmers


Syllabus: GS-III  Subject: Economy Topic: Agriculture and allied, Issue: Procurement of Dals

Context: The government plans to procure tur and masur dal directly from farmers

  • Procurement will be based on minimum assured procurement price (MAPP) or dynamic buffer procurement price (DBPP), whichever is higher.

Important Insights:

  • The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and the National Cooperative Consumers’ Federation of India Limited (NCCF) will carry out the procurement directly from pre-registered farmers.
  • The Department of Consumer Affairs will procure 80% of the buffer requirement for tur and Masur directly from farmers at MSP or prevailing market price.
  • Central stock is below the buffer norm of 3.1 million tonnes.

Prelims Connect(Schemes/Policies)

Minimum Average Procurement Price:(MAPP)

It is determined as the weighted average price of the previous three trading days in a district.

District Base Procurement Price:(DBPP)

It is calculated based on the weighted average price on the day of procurement, along with the prices of the three preceding and subsequent trading days.

While MAPP serves as a benchmark for determining support prices, DBPP is used specifically for procurement purposes, providing a reference for government procurement agencies.

Source: Mint

Arunachal Pradesh ‘inherent part of China’s territory’, claims Chinese military.

Syllabus: GS-II; Subject: International Relations ; Topic: India and its neighbourhood, Issue: Chinese claim over Arunachal Pradesh.

Context: Chinese military reiterates its claim over Arunachal Pradesh.

  • China objects to Indian Prime Minister Modi’s recent visit to Arunachal Pradesh.
  • The Prime Minister inaugurated the Sela Tunnel, enhancing connectivity and troop movement in Arunachal Pradesh.

Prelims Connect (Places in news)

Sela Tunnel:

●        World’s longest bi-lane road tunnel is at an altitude of over 13,000 feet in Arunachal Pradesh.

●        Constructed by the Border Roads Organisation (BRO) under Project Vartak

●        Connects Tezpur (Assam) to Tawang, addressing closures due to snow and landslides.


Source: Indian Express