9 PM Current Affairs Brief – September 8th, 2018

COMCASA to help keep a watch over Indian Ocean News: India has concluded the Communications Compatibility and Security Agreement (COMCASA) with the U.S. at the 2+2 dialogue. Important Facts: 2. COMCASA is an India-specific version of CISMOA. 3. Benefits of COMCASA for India: Indian forces will get the U.S. military platforms like US satellites as… Continue reading COMCASA to help keep a watch over Indian Ocean

Nepal gets access to 4 China ports, ending Indian monopoly on transit News: Nepal and China finalised the protocol of the Nepal-China Transit and Transportation Agreement. Important news: 2. It will give Kathmandu access to four Chinese ports. 3. About the Transit and Transportation Agreement (TTA) TTA  will allow Nepal to transport its imports and… Continue reading Nepal gets access to 4 China ports, ending Indian monopoly on transit

SC decriminalises homosexuality News  A five judge constitution bench of Supreme Court decriminalized homosexuality and declared section 377 of IPC as unconstitutional. However bestiality and unconsenting sex will remain a punishable offence. 2. What is section 377 Section 377 states “Whoever voluntarily has carnal intercourse against the order of nature with any man, woman or… Continue reading SC decriminalises homosexuality

Post office solutions: the challenges facing India Post Payments Bank News PM Modi has launched the India Post Payments Bank (IPPB) Important Facts 2.  IPPB will operate under the aegis of Department of Post, Ministry of Communications and Information Technology. 3. The Government of India owns 100% equity of the IPPB. 4. It has been… Continue reading Post office solutions: the challenges facing India Post Payments Bank

NATIONAL AGRICULTURAL EXPORT POLICY PENDING IN CABINET 1 News A draft National Agricultural Export Policy has been released by the Commerce Ministry. 2. Objective of the policy Double farmer income by 2022 The goal is to increasing the share of agricultural exports from present about USD 30 billion to over USD 60 billion. To make… Continue reading NATIONAL AGRICULTURAL EXPORT POLICY PENDING IN CABINET

FPIs start process of falling in line News: 1.Foreign funds across the globe which invest in Indian equity markets, have started restructuring their ownership and management structure to comply with the SEBI’s diktat. Important facts: Background: There are more than 9,100 FPIs registered with SEBI. FPIs own securities worth atleast $425 billion in Indian equities.… Continue reading FPIs start process of falling in line

Current account deficit widens to 2.4% of GDP as oil offsets gains in remittances News: India’s Current Account Deficit (CAD) widens to 2.4 per cent of GDP. Important Facts: 2.India’s CAD widens to 2.4 per cent of GDP in the April-June quarter of 2018-19 against 1.9 % in Jan-March quarter of 2017-18 due to rise… Continue reading Current account deficit widens to 2.4% of GDP as oil offsets gains in remittances

IMA moots ethics code overhaul News: 1.Indian Medical Association redefining Medical Ethics Codes. Important Facts 2.Indian Medical Association is in the process of redefining the code of Ethics and it has recommended advertisement by doctors and mandatory cadaver organ donation. 3. Cadaver Donation: An organ or part of an organ given at the time of… Continue reading IMA moots ethics code overhaul

Can India take SAHI road to urban mobility? News: The Global Mobility Summit was organised by the NITI Aayog in New Delhi on friday. Important Facts: 2. India needs to prepare for a rapid increase in demand for mobility as it aspires to be the second largest economy in the world, behind China by 2050.… Continue reading Can India take SAHI road to urban mobility?