Author: ForumIAS

China’s NASDAQ style ‘STAR MARKET’

China has launched a new stock market for homegrown technology companies called as Science and Technology Innovation Board or STAR Market.The market is modelled after a NASDAQ system. According to the regulations,red-chip companies which means Chinese based firms incorporated and listed outside China are allowed to be listed on the STAR market. The STAR Market… Continue reading China’s NASDAQ style ‘STAR MARKET’

Piyush Goyal holds ‘marathon’ of consultations with industry players ahead of RCEP meet

Commerce and Industry minister has met industry bodies to review issues that India would need to keep in mind when continuing deliberations on the Regional Comprehensive Economic Partnership (RCEP) in China. The associations has said that industries are apprehensive of India signing RCEP because of fears that China will use it to enter and dominate… Continue reading Piyush Goyal holds ‘marathon’ of consultations with industry players ahead of RCEP meet

Britain calls for European naval mission in Strait of Hormuz to counter Iran’s ‘piracy’

Britain has announced plans to develop and deploy a Europe-led naval maritime protection mission to safeguard shipping in the Strait of Hormuz. This decision was taken after Iran had seized a British oil tanker in the Strait of Hormuz.UK has accused Iran for an act of state piracy that must be met with a coordinated… Continue reading Britain calls for European naval mission in Strait of Hormuz to counter Iran’s ‘piracy’

Researchers develop an eco-friendly process to remove pollutants from water

Researchers have developed a wastewater treatment process.This process uses a common agricultural byproduct to effectively remove pollutants and environmental hormones known as endocrine disruptors. In this process,the team has used rice hulls which are discarded during rice harvesting to create eco-friendly and economical,biochar.The surface of the biochar was coated with nano-sized manganese dioxide to create… Continue reading Researchers develop an eco-friendly process to remove pollutants from water

India will achieve 8% plus growth from FY 2020-2021 onwards: NITI Aayog Vice-Chairman

NITI Aayog Vice Chairman has said that India will achieve economic growth of 8% plus from fiscal year 2020-2021. This growth will be achieved as foundation has been laid and the transformation has begun with the passing of structural reforms like the Goods and Services Tax and Insolvency and Bankruptcy Code. He also emphasised that… Continue reading India will achieve 8% plus growth from FY 2020-2021 onwards: NITI Aayog Vice-Chairman

Govt. must reduce borrowing by divesting stake in PSEs: Acharya

According to Reserve Bank of India Deputy Governor,an increase in government borrowing runs the risk of flooding the debt market which will make it expensive for companies to borrow. He said that the disinvestment in public sector enterprises(PSEs) would help in alleviating the effects of the government’s borrowing in the country. He also said serious… Continue reading Govt. must reduce borrowing by divesting stake in PSEs: Acharya

U.S. working with Pak. to find way out of Afghan war: Trump

US President has said that the United States and Pakistan are jointly seeking a way to end the war in Afghanistan. The US President wants to withdraw U.S troops in Afghanistan and sees Pakistan’s cooperation as crucial to any deal to end the war. In 2018,US had slashed millions of dollars of security assistance to… Continue reading U.S. working with Pak. to find way out of Afghan war: Trump

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 22, 2019

Q.1) “Without factoring in agriculture, the vision of a $5-trillion economy will remain a distant dream”. Discuss. Answers Q.2) “The ugly path of unilateralism and protectionism has affected the growth and stability of the world”. Comment. Answers Q.3) Discuss salient features of draft National education policy. How does it ensure better learning and critical thinking?… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 22, 2019

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