9 PM Current Affairs Brief – July 9th, 2018

9 parties oppose proposal for simultaneous elections News: Law Commission’s consultation with political parties on simultaneous elections for Lok Sabha and State Assemblies ended without reaching a consensus. Important facts: 2. Law panel has recommended holding simultaneous polls, but in two phases beginning 2019. 3. Four parties supported the idea, nine opposed it. 4. BJP… Continue reading 9 parties oppose proposal for simultaneous elections

No one wins News: The U.S.-China ongoing trade war Important facts: 2. Both U.S. and China, implemented a tariff of Rs 25% on imports worth $34 billion. 3. Present trade war has the potential to cause some significant damage to the world economy. 4. In the beginning of this year, the U. S. President Donal… Continue reading No one wins

Get to know currency derivatives News: Currency derivatives , considered to be one of the best options to manage any risk against foreign currency exchange rate volatility, Important facts: 2. Currency derivatives: Currency derivatives are exchange-based futures and options contracts that allow one to hedge against currency movements. One can use a currency future contract… Continue reading Get to know currency derivatives

Govt. taps RBI to track all transactions News: The Centre is planning to set up an information technology (IT)-based mechanism to keep a tab on all non-cash, financial transactions in the country. Important facts: 2. The move aimed at the crackdown on black money and following the money trail flowing in and out of thousands… Continue reading Govt. taps RBI to track all transactions

Centre plans stronger defences for key data News: The Home Ministry is upgrading policy to secure government date and control access to it. Important facts: 2. Home Minister Rajnath Singh, recently presided over a meeting to review the evolving cyberthreats, directed that the National Information Security Policy and Guidelines (NISPG) be upgraded and updated for… Continue reading Centre plans stronger defences for key data

Six bids to supply 110 fighters for IAF News: Six global aircraft manufacturers have responded to a Request for Information (RFI) from the Indian Air Force to supply 110 fighter aircraft. Important facts: 2. The deadline for the RFI was July 6. 3. All six manufacturers have earlier bid for the Medium Multi-Role Combat Aircraft… Continue reading Six bids to supply 110 fighters for IAF

The tree as an urban coordinate Analysis: Neha Sinha, wildlife conservationist, discussing about the ongoing protests in some of India’s cities including Delhi and Mumbai to save trees in urban spaces. Important facts: 2. Cities are centres of construction created mainly by the human hand. 3. Many cities including Delhi and Mumbai witnessing the ongoing… Continue reading The tree as an urban coordinate

Fish samples in Chennai test positive for formalin News: Fish species purchased from Chinthadripet and Kasimedu, the two major fish markets in Chennai, have tested positive for formalin. Important facts: 2. The fish were tested by scientist of the Tamil Nadu Dr J. Jayalaithaa Fisheries University. 3. This is the first time samples of fish… Continue reading Fish samples in Chennai test positive for formalin