Author: ForumIAS

RBI proposes new rules for housing finance companies

News: Reserve Bank of India(RBI) has proposed new guidelines for Housing Finance Companies(HFCs). Facts: What are Housing Finance Companies(HFC)? It means financing for purchase, construction or repair of residential dwelling units and some other activities including giving loans to corporates and government agencies for employee housing projects. All other loans including those given for furnishing… Continue reading RBI proposes new rules for housing finance companies

US sanctions against International Criminal Court(ICC)

News: US President has authorised sanctions against International Criminal Court(ICC) officials involved in investigations into possible war crimes by US troops or those of its allies. Facts: International Criminal Court(ICC): It is a permanent judicial body created by the 1998 Rome Statute which entered into force on July 1,2002. Jurisdiction: It has the jurisdiction to… Continue reading US sanctions against International Criminal Court(ICC)

World Investment Report

News: The World Investment Report 2020 has been released by the UN Conference on Trade and Development(UNCTAD). Facts: The World Investment Report has been published annually since 1991.It covers the latest trends in foreign direct investment around the world. Key Takeaways: India was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019… Continue reading World Investment Report

World Competitiveness Index 2020

News: World Competitiveness Index 2020 has been released by the Institute for Management Development(IMD). Facts: World Competitiveness Index is an annual report published since 1989. Parameters: It ranks 63 countries using 235 indicators grouped under four factors: economic performance, government efficiency, business efficiency and infrastructure. Key Takeaways: Top Rankers: Singapore has topped the index followed… Continue reading World Competitiveness Index 2020

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