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EVERYDAY EXPLAINERS NEWS - Page 21

The Federal Reserve building. (Reuters Photo: Joshua Roberts)

Everyday Economics: What is the Fed, and what role does it play in the US economy?Subscriber Only

March 18, 2022 12:08 IST

This is the first time since 2018 that the US central bank has raised borrowing costs. The Fed had kept interest rates near zero since March 2020 as the Covid-19 pandemic dealt blows to the US economy

The clock faces on the Pembroke Clock Tower are seen in Pembroke, Malta (REUTERS, File)

Everyday Global: What is Daylight Saving Time, which the US Senate has voted to scrap?Subscriber Only

March 17, 2022 07:24 IST

Countries have long debated the usefulness of Daylight Saving Time. What is it, and what is the problem with it?

A vegetable seller carries onions to sell in New Delhi. (Express Photo: Praveen Khanna)

Everyday Economics: What are WPI and CPI inflation rates?Subscriber Only

March 17, 2022 12:50 IST

WPI and CPI are two different baskets of goods and services. The government assigns different weights to different goods and services based on what is relevant for those two types of consumers.

Congress interim President Sonia Gandhi chairs the Congress Working Committee meeting, in New Delhi on Sunday. (Photo: PTI)

Everyday Politics: What is the CWC, and what role does it play in the Congress?Subscriber Only

March 19, 2022 11:59 IST

The Working Committee is the “highest executive authority” of the Congress, and has the final say in interpreting and applying the provisions of the party’s constitution.

Members of the surgical team show the pig heart for transplant into patient David Bennett in Baltimore on Friday, Jan. 7, 2022. (Mark Teske/University of Maryland School of Medicine via AP, File)

Explained: What is xenotransplantation, the process of using an animal’s organ to keep a human alive?Subscriber Only

March 11, 2022 09:41 IST

In a landmark surgery in January, doctors replaced the heart of a 57-year-old patient with the heart of a genetically altered pig. However, the patient died two months after the operation. What is this experimental procedure?  

Russian President Vladimir Putin, center, listens to Lebedinsky GOK Managing Director Oleg Mikhailov, left, as businessman Alisher Usmanov, right, and Minister of Industry and Trade Denis Manturov stand behind him while visiting the Lebedinsky GOK JSC, in Gubkin, Belgorod Region, Russia. (AP/File)

Explained: Who are the oligarchs, sanctioned by the West as enablers of Russia’s war on Ukraine?Subscriber Only

March 11, 2022 11:38 IST

Several Russian oligarchs are facing sanctions by the West in response to Russia's invasion of Ukraine. How did the oligarchy in modern Russia come to be? What next for Russia’s oligarchs?

Daria Garn a Ukranian refugee from Kyiv waits to board a flight at Iasi International Airport in Romania, after Russia's invasion of Ukraine, on rout to Israel. (Reuters)

What is the Temporary Protection Directive of 2001, and why has the EU invoked it for refugees of Ukraine war?Subscriber Only

March 10, 2022 09:47 IST

Responding to refugee crisis, EU Member States have made an unprecedented decision to activate the Temporary Protection Directive. What is temporary protection, and how did it come to be? What obligations does it place upon EU states?

Ukrainians crowd under a destroyed bridge as they try to flee across the Irpin River in the outskirts of Kyiv. (AP)

Everyday Global: What is NATO, and why is Russia so insecure about Ukraine joining the US-led alliance?Subscriber Only

March 8, 2022 13:05 IST

To President Vladimir Putin, Ukraine becoming part of NATO poses an existential threat to Russia that is serious enough for him to start a war of the scale that Europe has not seen since the end of World War II in 1945.

The Reserve Bank of India (File)

Everyday Economics: What is the RBI’s MPC, and what does it do?Subscriber Only

March 5, 2022 15:23 IST

The primary objective of the RBI's monetary policy is to maintain price stability while keeping in mind the objective of growth. Price stability is a necessary precondition to sustainable growth.

The National Stock Exchange of India (NSE) building at BKC in Mumbai. (PTI Photo/Kunal Patil)

Explained: What is co-location, at the heart of the scam at the NSE?Subscriber Only

March 4, 2022 09:14 IST

Multiple agencies are probing the NSE co-location scam, in which many former top officials including former CEOs Chitra Ramakrishna and Ravi Narain are under a cloud. What is co-location?

President Joe Biden shakes hands with Speaker of the House Nancy Pelosi, after delivering his first State of the Union address to a joint session of Congress at the Capitol, Tuesday, March 1, 2022, in Washington. (AP)

Everyday Global: What is the State of the Union Address delivered by the US President?Subscriber Only

March 3, 2022 10:00 IST

Joe Biden's State of the Union address, his first, was the 98th in-person Address/Annual Message in US history.

FIFA, Fédération Internationale de Football Association in French, is the highest global governing body of football (also known as soccer to distinguish it from American football), the world's most popular game. (AP/File)

Everyday Sport: Who are FIFA, and what role do they play in global football?Subscriber Only

March 3, 2022 11:10 IST

FIFA is responsible for organising and promoting football's major international tournaments, most importantly the football World Cup, which began in 1930, and the Women's World Cup which began in 1991.

The ICJ is the principal judicial organ of the United Nations | Photo credit: icj-cij.org

Everyday Global: What is the International Court of JusticeSubscriber Only

March 1, 2022 11:42 IST

Ukraine has accused Russia of falsely claiming that "acts of genocide have occurred in the Luhansk and Donetsk oblasts of Ukraine", and of using that as a pretext to recognise the independence of these regions and of going to war against Ukraine.

Servicemen of the Ukrainian National Guard take positions in central Kyiv, after Russia launched a massive military operation against Ukraine, February 25, 2022. (Reuters)

Ukraine: A short history of its creationSubscriber Only

February 25, 2022 19:35 IST

Ukraine is in the east of Europe, and is bound by Russia to its northeast, east, and southeast, and the Black Sea in the south. In the southwest, west, and north, Ukraine shares borders, in the clockwise direction, with Moldova, Romania, Hungary, Slovakia, Poland, and Belarus.

MSP explained

Explained: What are MSPs, and how are they decided?Subscriber Only

March 3, 2022 19:02 IST

Typically, MSPs create the benchmark for farm prices not just in those commodities for which they are announced, but also in crops that are substitutes.

The term grandmaster is about a century old, and was initially used as a generic expression to describe a player who was better than just a master.

Everyday Sport: Who is a chess Grandmaster?Subscriber Only

February 24, 2022 08:34 IST

The title is the badge of the game’s super elite, a recognition of the greatest chess talent on the planet, which has been tested and proven against a peer group of other similarly talented players in the world’s toughest competitions.

The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland July 28, 2016. (Reuters Photo/File)

Everyday Economics: What are Swiss banks and how do they work?Subscriber Only

February 23, 2022 12:32 IST

Swiss bank accounts are attractive to depositors because they combine low levels of risk with very high levels of privacy.

NFTs are gaining massive popularity now because they are becoming an increasingly popular way to showcase and sell your digital artwork.

Everyday Technology: What are NFTs? How are they different from cryptocurrency?Subscriber Only

February 23, 2022 12:32 IST

What are non fungible tokens, and what makes them unique? How are they different from cryptocurrency? How do they work? Who can buy NFTs? What are the risks associated with buying NFTs? Here's your guide.

A cognizable offence/case is one in which a police officer may, in accordance with the First Schedule of the CrPC, or under any other law for the time being in force, make an arrest without a warrant. (File)

Everyday Law & Policy: What is an FIR?Subscriber Only

February 23, 2022 12:32 IST

An FIR is the document that has been prepared by the police after verifying the facts of the complaint. The FIR may contain details of the crime and the alleged criminal.

Indian Space Research Organisation (ISRO) launches Polar Satellite Launch Vehicle PSLV C52 carrying orbit earth observation satellite EOS-04 and two other small satellites from the First Launch Pad of Satish Dhawan Space Centre, at Sriharikota in Andhra Pradesh, Monday, Feb. 14, 2022. (PTI Photo/R Senthil Kumar)

Everyday Science: What are ISRO’s launch vehicles, and how are satellites placed into space?Subscriber Only

February 23, 2022 12:33 IST

Satellites, or payloads as they are often called, sit inside the rocket, and are ejected once they reach near their intended orbit in space. Most satellites have small propulsion systems and carry small amounts of fuel, because they encounter very little drag, or force, in outer space.

RBI

Everyday Economics: What are repo & reverse-repo rates?Subscriber Only

February 17, 2022 10:36 IST

What are repo & reverse-repo rates, how are they decided, and how do they affect the economy?

What is IPO | IPO Definition | Initial Public Offering (IPO) Definition | IPO Explained

Everyday Economics: What is an IPO?Subscriber Only

August 18, 2022 14:51 IST

Initial Public Offering (IPO): While coming with an IPO, the company has to file its offer document with the market regulator Securities and Exchange Board of India (Sebi).

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