| Reports | Description |
| RBI’s Financial Stability Report (FSR) | The latest 29th issue of the Financial Stability Report (FSR) reveals encouraging trends in India’s banking sector as of March-end 2024. |
| Scheduled commercial banks reported a notable decline in their Gross Non-Performing Assets (GNPAs) and Net NPA ratios, reaching multi-year lows of 2.8% and 0.6% respectively. | |
| About the report: The Financial Stability Report (FSR), issued biannually (every six months) by the RBI, provides a comprehensive assessment of financial stability and the resilience of India’s financial system. Prepared by the Sub-Committee of the Financial Stability and Development Council (FSDC), chaired by the Governor of RBI, the report evaluates risks impacting the financial sector. | |
| Artificial Intelligence Preparedness Index (AIPI) | The International Monetary Fund (IMF) released the AIPI Dashboard, ranking Singapore 1st and India 72nd. |
| The AIPI Dashboard tracks AI readiness in 174 economies based on digital infrastructure, human capital and labour market policies, innovation and economic integration, and regulation and ethics. | |
| Countries are categorized as Advanced Economy (AE), Emerging Market Economy (EM), and Low-Income Country (LIC). | |
| Annual World Drug Report (2024) | The United Nations Office on Drugs and Crime (UNODC) released a report on World Drug Day, observed annually on June 26th since 1987 to promote action against drug abuse and illicit trafficking. |
| Key highlights include a rise in drug abuse, with 292 million users in 2022, and cannabis being the most abused drug, followed by opioids, amphetamines, cocaine, and ecstasy. | |
| Regions most affected by drug-related criminal activity include the Triple Frontier area (Argentina, Brazil, Paraguay) and the Golden Triangle (Laos, Myanmar, Thailand). | |
| Cannabis legalization has occurred in Canada, Uruguay, and 27 U.S. jurisdictions. The psychoactive effect of cannabis is primarily due to THC (delta9-tetrahydrocannabinol). | |
| Additionally, illegal drug activities contribute to environmental issues like deforestation, toxic waste dumping, and chemical contamination. | |
| Migration and Development Brief 2024 | The World Bank released a brief highlighting key trends in remittance and migration. Remittance flows to low- and middle-income countries (LMICs) reached $656 billion, with India receiving the most at $120 billion, followed by Mexico, China, the Philippines, and Pakistan. |
| Top migration destinations include the US, Germany, Saudi Arabia, Russia, and the UK, with the largest number of emigrants from India (18.7 million), followed by Ukraine, China, Mexico, and Venezuela. The largest migration corridor is from Mexico to the US.
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