Daily Current Affairs  – 7 October 2022

In News Moonlighting has been a controversial topic in recent months after a few companies sacked their employees citing it as a reason.  More about Moonlighting What is Moonlighting? Moonlighting — or employees working for remuneration with entities other than their employers. Moonlighting is neither new nor unusual.  The practice has been around for a […]

In News Recently, the World Bank has released the report titled Poverty and Shared Prosperity 2022: Correcting Course. Major Highlights of the report Poverty The world is unlikely to meet the goal of ending extreme poverty by 2030. 70 million people were plunged into poverty in 2020, the largest one-year increase since global poverty monitoring […]

In News India overtakes other countries to become the world’s largest producer, consumer of Sugar, and second largest exporter of sugar. Key Points Production:  A record amount of sugarcane—more than 5000 Lakh Metric Tons (LMT)—was produced in the nation during the sugar season Oct. to Sep. (2021–22), of which around 3574 LMT was crushed by […]

In News Recently, the No Oil Producing and Exporting Cartels (NOPEC) bill was passed by a Senate committee which intends to protect U.S. consumers and businesses from engineered oil spikes. Key Points Background: Several attempts to pass NOPEC over more than two decades have long worried OPEC’s de facto leader Saudi Arabia, leading Riyadh to […]