Stable rupee, lower oil prices push forex reserves to all-time high

According to the government data,India’s foreign exchange reserves has reached an all-time high of $430.37 billion till July 19,2019. This surge in the foreign currency reserves was aided by the Recently conducted currency swaps worth $10 billion by the Reserve Bank of India. Further,the inflows have also come on the back of a stable rupee… Continue reading Stable rupee, lower oil prices push forex reserves to all-time high

IT Min meets industry on govt-led ‘cloud economic zone’ plan

Recently,the government has consulted with the industry representatives to understand the potential need for government-led ‘cloud economic zones’. Cloud economic zone are the geographical areas identified for the creation of data storage centres. However, Some industry representatives have expressed security concerns with placing sensitive data in restricted economic zones as this will allow for single… Continue reading IT Min meets industry on govt-led ‘cloud economic zone’ plan

NBFCs with big realty loans must rebalance books: RBI

The Reserve Bank of India(RBI) has asked non-banking finance companies(NBFCs) to bring down their lending to the real estate sector. In the finance sector,the National Housing Bank has also been keeping a watch on lending to real estate sector by finance companies.Banks too have scaled down their lending to this segment. Despite facing a credit… Continue reading NBFCs with big realty loans must rebalance books: RBI

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 26, 2019

Q.1) “A policy of population control should focus on choice rather than restrictions.” Discuss. Answers Q.2) “The Surrogacy (Regulation) Bill, 2019 try to balance altruistic and commercial interests.” Examine. Answers Q.3) Discuss salient features of RTI Act, 2005. What are various issues and loopholes in RTI act? Answers Q.4) Discuss the 7 targets of Sendai… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 26, 2019

Must Read News Articles-July 27th 2019

GS-2 New anti-terror clause will be used sparingly; Azhar, Saeed to be first targets: official The proposed amendment to the Unlawful Activities Prevention Act (UAPA) that enables the government to designate individuals as terrorists will be used “sparingly” Private member’s bill urges state poll funding Private member’s bill that seeks removal of the limit and… Continue reading Must Read News Articles-July 27th 2019

Mains Marathon Daily Current Affairs Questions and Answer Writing – July 27th, 2019

Q.1) “The Muslim Women (Protection of Rights on Marriage) Bill, 2019 is a much needed step for women empowerment.” Discuss. The Hindu Q.2) “Increasing drug menace across northern states in India need strict laws and coordination among various states.” Comment. The Hindu Q.3) What is Lagrange point? Discuss objectives and importance of ISRO’S Aditya-L1 mission.… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – July 27th, 2019

9 PM Current Affairs Brief – July 26, 2019

Lok Sabha passes Bill to set up single tribunal to settle inter-state water disputes Lok Sabha has passed the Inter-State River Water Disputes (Amendment) Bill, 2019. The bill seeks to amend the Inter-State River Water Disputes Act, 1956.  The Act provides for the adjudication of disputes relating to waters of inter-state rivers and river valleys.… Continue reading 9 PM Current Affairs Brief – July 26, 2019

7 PM | Opportunity to reform agriculture missed |26th July, 2019

Context: structural issues in agriculture Present scenario of Indian agriculture: The aggregate Share of Agriculture and Allied Sectors, Including agribusiness, domesticated animals, and ranger service and fishery sub segments as far as rate of GDP is 13.9 percent during 2018-19 at 2004-05 prices.  Indian is an agriculture based country, where more than 50% of population… Continue reading 7 PM | Opportunity to reform agriculture missed |26th July, 2019

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7 PM | Making national legislatures more gender balanced | 26th July, 2019

Context: Women representation in Parliament. Gender parity is fundamental to whether and how economies and societies thrive. Ensuring the full development and appropriate deployment of half of the world’s total talent pool has a vast bearing on the growth, competitiveness and future-readiness of economies and businesses worldwide. Global gender gap report: The Global Gender Gap… Continue reading 7 PM | Making national legislatures more gender balanced | 26th July, 2019

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