Context: consolidation of banks More in news: In what comes as the second wave of the government’s efforts to revive the economy, Finance Minister Nirmala Sitharaman on Friday announced a slew of banking reform measures, including merger of 10 public sector banks into four entities. Need for bank mergers in India: Fragmentation: Indian banking sector is highly… Continue reading 7 PM | Bank for the buck | 5th September, 2019
Category: 7 PM
The idea behind current affairs news analysis editorials is to give aspirants in-depth analysis of news articles from different newspapers bearing relevance to Civil Services GS Preparation.
Why you need 7 PM Current Affairs News Analysis Editorials?
UPSC syllabus is rather indicative than exhaustive and needs a broader learning curve and regular updates. The aspirant needs to have a practical working knowledge of almost everything happening socially, politically, economically, geographically and historically. News reading is an important aspect which supplements above-mentioned criteria. The articles in newspapers are of relevance to any given civil services examination paper whether it be optional, essay, general studies or preliminary. Also, newspaper being dynamic in nature there is no difference in strategy of reading newspaper for a newcomer or an experienced aspirant. But does one really have time to sift through so many newspapers and even more number of articles on daily basis. Hence, our editorial team tries to make task easier for you by presenting in-depth analysis of important news articles. You don’t need to look anywhere more for your daily news analysis
7 PM | Centre must loosen purse strings| 3rd September, 2019
Context: present slowdown of economy More in news: Asia’s third largest economy expanded just 5.0% year on year, official data showed on Friday, far below the 5.7% forecast in a Reuters poll of economists Auto industry body SIAM on Monday sought immediate steps from the government, as sales continued to plummet with passenger vehicle makers… Continue reading 7 PM | Centre must loosen purse strings| 3rd September, 2019
7 PM | A new ethics for a sustainable planet | 2nd September, 2019
Context: Climate change and the need for planetary ethics for a sustainable earth. More in news: Brazil’s Amazon forests are ablaze with dozens of fires, most of them set intentionally by loggers and others seeking greater access to forest land. The Brazilian President Jair Bolsonaro has stated that Amazon forests are an internal matter. The American President… Continue reading 7 PM | A new ethics for a sustainable planet | 2nd September, 2019
7 PM | Govt. Needs to prudent in using RBI’s transfer | 30th August, 2019
Context: RBI’s Economic Capital Framework (ECF) and its significance More in news: The Reserve Bank of India, in consultation with the Government of India, had constituted an expert committee, under chairmanship of Bimal Jalan, to review whether the central bank was holding on to too much of its reserves. What is economic capital framework? The… Continue reading 7 PM | Govt. Needs to prudent in using RBI’s transfer | 30th August, 2019
7 PM | Why women are still being treated as unequal to men | 29th August, 2019
Context: Moving towards gender equality. Gender equality: Gender equality is achieved when women and men enjoy the same rights and opportunities across all sectors of society, including economic participation and decision-making, and when the different behaviours, aspirations and needs of women and men are equally valued and favoured. Gender parity: Gender parity is a statistical… Continue reading 7 PM | Why women are still being treated as unequal to men | 29th August, 2019
7 PM | Rediscovering development banks | 28th August, 2019
Context: Significance of Development banks for Indian economy Development Banks: A development bank is a ‘bank’ established for the purpose of ‘financing development’. They provide medium and long-term finance to the industrial and agricultural sector. They provide finance to both private and public sector. Development banks are multipurpose financial institutions. They do term lending, investment… Continue reading 7 PM | Rediscovering development banks | 28th August, 2019
7 PM | Talking trade with the EU | 27th August, 2019
Context: Significance of India-EU Free Trade Agreement India-European Union (EU) trade relation genesis: India-European Union relations started way back in the early 1960s, when India pursued diplomatic relations with the European Economic Community. The signing of a cooperation agreement in 1994 broadened the scope for bilateral relationship beyond trade and economic cooperation. Key bilateral agreements… Continue reading 7 PM | Talking trade with the EU | 27th August, 2019
7 PM | A bottom-up approach to conservation | 26th August, 2019
Context: Devolution of power to protect the Western Ghats About the Western Ghats: One of the 34 Biodiversity hot spots of the world, the Western Ghats, together with the west coast form an important ecological region, springing from the Arabian Sea coast to the montane heights of over 2,000 m. The Western Ghats straddle the… Continue reading 7 PM | A bottom-up approach to conservation | 26th August, 2019
7 PM | Cleaning Mumbai’s coastal water, naturally | 24th August, 2019
Context: artificial reefs and their significance in coastal areas Submerged shipwrecks are the most common form of artificial reef. Oil and gas platforms, bridges, lighthouses, and other offshore structures often function as artificial reefs. Marine resource managers also create artificial reefs in underwater areas that require a structure to enhance the habitat for reef organisms,… Continue reading 7 PM | Cleaning Mumbai’s coastal water, naturally | 24th August, 2019
7 PM | Old new friends | 24th August, 2019
Context: India – France relations. More in news: PM Modi is on an official state visit to France at the invitation of the French President for a bilateral summit on August 22-23 in Paris and to participate in the G7 Summit on August 25-26 in Biarritz. India and France released a joint statement on August… Continue reading 7 PM | Old new friends | 24th August, 2019
