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Publicaciones del Canal
What Do We Mean by Forex Reserves?: Forex reserves are the foreign assets held by a country’s central bank to meet external payment needs, manage exchange-rate volatility and maintain confidence in the domestic currency. India’s forex reserves mainly comprise Foreign Currency Assets (FCA), Gold, Special Drawing Rights (SDRs) and Reserve Tranche Position (RTP) with the IMF. As of March 2026, India’s reserves stood at around $691 billion, including $553 billion in foreign currency assets and $115 billion in gold. FY26 imports were around $775 billion. Total reserves therefore provided approximately 10.6 months of import cover; considering only foreign currency assets, the cover was around 8.5 months—still comfortable. The RBI manages the rupee through spot and forward transactions. Spot interventions directly affect reserves, while forward transactions allow the RBI to signal future dollar purchases/sales without immediate movement in spot reserves. Rising gold holdings reflect diversification and de-dollarisation. Whether outstanding forward positions should be adjusted against reserves is debated; therefore, a more comprehensive assessment can consider import cover both with and without forward positions.

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TODAY’S IMPORTANT NEWS: 1-The high cost of India’s private health-care boom: https://www.thehindu.com/opinion/lead/the-high-cost-of-indias-private-health-care-boom/article71393651.ece 2-Making India’s food system climate-proof cannot wait: https://www.thehindu.com/opinion/op-ed/making-indias-food-system-climate-proof-cannot-wait/article71393684.ece 3-Why India’s R&D system needs a map of where funds really go: https://www.thehindu.com/sci-tech/science/why-india-research-ecosystem-needs-a-map-of-where-the-money-really-goes/article71391727.ece 4-What do we mean by forex reserves?: https://www.thehindubusinessline.com/opinion/what-do-we-mean-by-forex-reserves/article71393529.ece 5-Safeguarding small sellers in the e-comm space: https://www.thehindubusinessline.com/opinion/safeguarding-small-sellers-in-the-e-comm-space/article71393525.ece
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E20: Keep policy flexible:  India’s crude-import dependence is high at 88.6%, making ethanol blending important for reducing oil-import dependence, saving forex and creating demand for domestic feedstocks. Ethanol blending increased from 1.53% in 2013-14 to 20% in 2025-26, with the government reporting substantial farmer payments, forex savings and crude-oil substitution. Many older vehicles were designed for lower ethanol blends. The rapid shift to E20 may impose mileage losses and component-related costs on existing vehicle owners. The government acknowledged that the existing vehicle fleet’s E20 compatibility was not adequately assessed beforehand, while non-compatible vehicles could experience around 3–5% lower fuel economy. Harold Lasswell emphasised appraisal, while Charles Lindblom highlighted incremental learning. Therefore, evidence on vehicle compatibility, mileage, warranties and consumer costs should continuously inform E20 policy. Keep the policy flexible and evidence-based—retain suitable lower-ethanol fuel options where necessary, introduce compatibility checks and periodic reviews, and assess ethanol using lifecycle emissions, water use and feedstock sustainability, not merely blending targets.
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TODAY’S IMPORTANT NEWS: 1-End the culture of secrecy in judicial appointments: https://www.thehindu.com/opinion/lead/end-the-culture-of-secrecy-in-judicial-appointments/article71389685.ece 2-The limits of air power, implications for theatre-isation: https://www.thehindu.com/opinion/op-ed/the-limits-of-air-power-implications-for-theatre-isation/article71389701.ece 3-Models struggled to predict the 2026 monsoon’s rapid changes: https://www.thehindu.com/sci-tech/energy-and-environment/models-struggled-to-predict-the-2026-monsoons-rapid-changes/article71387967.ece 4-E20: Keep policy flexible: https://www.thehindubusinessline.com/opinion/e20-keep-policy-flexible/article71389887.ece 5-Focus on regulation Caps on contracts are only a partial solution for dealing with oligopoly in India’s airports: https://www.business-standard.com/opinion/columns/focus-on-regulation-126082501413_1.html
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Did Press Note 3 relaxations help attract more FDI?: India required Government approval for FDI from countries sharing a land border, mainly to prevent opportunistic takeovers of Indian firms during the COVID-19 crisis. The Centre allowed the automatic route for investments with less than 10% ownership by entities from land-border countries, easing restrictions on minority, non-controlling investments. The relaxation aimed to unlock stalled investments, improve ease of doing business, facilitate technology transfer, strengthen domestic firms and integrate India with global supply chains.  By August 10, 2026, 29 projects worth ₹4,895.65 crore had been reported under the revised framework, covering IT, AI, manufacturing, pharmaceuticals, data centres and transport. The amount remains less than 1% of India’s total FDI in 2025–26, so its overall impact on FDI inflows is currently modest, though the policy is still relatively new. The relaxation appears to have facilitated some previously constrained investments, but whether it will significantly boost India’s FDI inflows will depend on its longer-term impact on investment, technology, domestic value addition and global supply-chain integration.
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TODAY’S IMPORTANT NEWS: 1-Labour rights beyond the shadow of BWSSB: https://www.thehindu.com/opinion/lead/labour-rights-beyond-the-shadow-of-bwssb/article71385565.ece 2-Invisible actors The ECI must stop filing of bulk applications for deletion of voters: https://www.thehindu.com/opinion/editorial/invisible-actors-on-bulk-applications-voter-name-deletion/article71385049.ece 3-The fact is youth unemployment has a household cost: https://www.thehindu.com/opinion/op-ed/the-fact-is-youth-unemployment-has-a-household-cost/article71385609.ece 4-Perfect host India was successful as a host of badminton World Championships: https://www.thehindu.com/opinion/editorial/perfect-host-on-india-as-host-of-2026-bwf-world-championships/article71384749.ece 5-How the SC ruling redefined ‘industry’: https://www.thehindu.com/news/national/how-supreme-courts-new-ruling-changes-the-definition-of-industry-explainer/article71372126.ece
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Tribunal autonomy: Tribunal Reforms Bill reinforces executive control: The Act follows a decades-long executive–judiciary tussle over tribunal administration, with the Supreme Court repeatedly stressing judicial independence. The Act changes the tenure to five years, modifies the selection mechanism and establishes a National Tribunals Commission (NTC) to oversee tribunal administration. Although the NTC has a 3:2 judicial majority, its Chairperson and members are appointed by the Government. Technical members do not require consultation with the Chief Justice. Tribunal members are recommended through Search-cum-Selection Committees in which a Government Secretary has voting power, raising concerns about executive influence. The executive retains significant control over removal. The concerned ministry can initiate an inquiry, while the Central Government takes the final decision, potentially affecting tribunal independence. Genuine autonomy requires an independent and transparent appointments mechanism. The UK-style Judicial Appointments Commission (JAC) model, based on open competition and institutional independence, could offer a possible alternative to both excessive executive control and the opaque collegium system.
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TODAY’S IMPORTANT NEWS: 1-Not ‘delulu’ — an AI tutor for every child in India: https://www.thehindu.com/opinion/lead/not-delulu-an-ai-tutor-for-every-child-in-india/article71381725.ece 2-Triple test, adrift The Supreme Court should not have discarded a workable test on ‘industry’ https://www.thehindu.com/opinion/editorial/triple-test-adrift-on-the-ruling-on-definition-of-industry/article71381252.ece 3-The return of profanation as a new political language: https://www.thehindu.com/opinion/op-ed/the-return-of-profanation-as-a-new-political-language/article71381773.ece 4-The surge in solar cell imports needs to be curbed: https://www.thehindubusinessline.com/opinion/the-surge-in-solar-cell-imports-needs-to-be-curbed/article71381840.ece 5-Ignore the FPI pessimism: https://www.business-standard.com/opinion/columns/ignore-the-fpi-pessimism-126082300786_1.html
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Edit, Sign and Share PDF files on the go. Download the Acrobat Reader app: https://adobeacrobat.app.link/Mhhs4GmNsxb
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https://www.youtube.com/watch?v=tbp25EtNZFE
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https://www.youtube.com/watch?v=CoyjFq5SMmg
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https://www.youtube.com/watch?v=6JImQKoPCio
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https://www.youtube.com/watch?v=6aS217VhMSo
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https://www.youtube.com/watch?v=0qm2OkVOZ3U
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https://www.youtube.com/watch?v=NzTFYGa3N8M
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Watch Now -https://youtu.be/Z9RjTSO1mgU
Watch Now -https://youtu.be/Z9RjTSO1mgU
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https://www.youtube.com/watch?v=2SjM_OW6qpA
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How Will Gaganyaan’s Thermal Shield Protect the Crew?: The Gaganyaan crew module will re-enter the atmosphere at around 7,500–8,000 m/s, generating extreme heat as most of its kinetic energy is converted into atmospheric heat.  The module’s external heat shield will face temperatures of up to 1,800°C, while keeping the internal structure safely below around 150°C. Gaganyaan uses an ablative TPS, which absorbs heat and gradually decomposes, forming a protective char layer and gases that carry heat away and create a cooler boundary layer. Thermal shields are broadly ablative, radiative and heat-sink systems. Ablative systems sacrifice material; radiative systems release absorbed heat as radiation; heat-sink systems absorb heat by raising their own temperature. Since the crew module is designed for single-use re-entry, ablative TPS offers a robust, cost-effective and reliable solution capable of handling fluctuating thermal loads without complex maintenance. ISRO has already demonstrated ablative re-entry technology through the Space Capsule Recovery Experiment (SRE) and CARE mission (2014), providing the technological foundation for Gaganyaan’s crew module.
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TODAY’S IMPORTANT NEWS: 1-Centre’s fiscal outlook faces geopolitical, revenue risks: https://www.thehindu.com/opinion/lead/centres-fiscal-outlook-faces-geopolitical-revenue-risks/article71369976.ece 2-Trial by fire West Bengal should rebuild its crumbling, hazardous infrastructure:  https://www.thehindu.com/opinion/editorial/trial-by-fire-on-fire-accidents-in-west-bengal/article71369212.ece 3-Abrief on gene-edited rice that’s ready for sowing; https://www.pressreader.com/india/businessline-delhi-9wvw/20260821/281719801424423?srsltid=AfmBOopFJpVAuG0KNgYZk7KnrdO0dSCVA5DFnjP37P1EefXG2IRQmr5p 4-India’s manufacturing puzzle; https://www.thehindubusinessline.com/opinion/indias-manufacturing-puzzle/article71370241.ece 5-Climate resilience starts with the health workforce: https://indianexpress.com/article/opinion/columns/climate-resilience-health-workforce-assam-kerala-floods-10842129/
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Why is the Supreme Court Examining Polygamy Again?: The Supreme Court has sought the Centre’s response on a petition challenging the constitutional validity of polygamy and asked it to consider legislative steps to abolish the practice irrespective of religion. They have challenged Section 2 of the Muslim Personal Law (Shariat) Application Act, 1937, arguing that polygamy violates constitutional principles of equality and gender justice under Articles 14, 15 and 16. The petitioners seek codification of Muslim Personal Law, compulsory registration of Muslim marriages and divorces, and safeguards for the first wife and children in case of subsequent marriages. In Sarla Mudgal (1995) and Lily Thomas (2000), the Court held that a Hindu man cannot convert to Islam merely to contract a second marriage while the first marriage subsists. The issue was earlier raised alongside instant triple talaq in Shayara Bano. The SC invalidated instant triple talaq in 2017, after which Parliament enacted the Muslim Women (Protection of Rights on Marriage) Act, 2019. The case raises a wider question of balancing religious personal laws with constitutional values of equality, gender justice and individual rights, while determining the appropriate role of the judiciary and legislature.
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