Government had constituted a panel to examine all issues related to cryptocurrencies.The panel has drafted a law,‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’. The panel has said that anybody who mine, hold, transact or deal with cryptocurrencies in any form whether directly or indirectly through an exchange or trading should attract… Continue reading Cryptocurrency panel for ban on private digital currencies, jail time of up to 10 years
Author: ForumIAS
First in India: Andhra Pradesh reserves 75% of private jobs for locals
Andhra Pradesh has passed the Andhra Pradesh(AP) Employment of Local Candidates in Industries/Factories Act,2019.This will make A.P the first state in the country to reserve jobs for locals. The law seeks to reserve 75% jobs for locals in all private industrial units and factories,irrespective of whether or not these companies get financial or other help… Continue reading First in India: Andhra Pradesh reserves 75% of private jobs for locals
Odisha renews effort to revive gharial population
Odisha has released five gharials into the Satkosia gorge of Mahanadi- the southernmost limit of gharials’ home range in India. Odisha is the only State in India having all three species of crocodile— gharial, mugger and saltwater crocodile. Gharial is a species of crocodile. It derives its name from ghara, an Indian word for pot… Continue reading Odisha renews effort to revive gharial population
Explained: When a juvenile is tried as an adult, when not
Recently,Bombay High Court had directed that the Juvenile accused in a particular case be tried as a minor.The court said that the Juvenile Justice (Care and Protection) Act,2015 is reformative and not retributive. The Juvenile Justice Act of 2000 was amended in 2015 with a provision allowing for Children in Conflict with Law (CCL) to… Continue reading Explained: When a juvenile is tried as an adult, when not
Perfect launch for Chandrayaan -2
Chandrayaan-2 was successfully launched from the Satish Dhawan Space Centre at Sriharikota. Chandrayaan 2 is India’s second lunar mission and 1st Indian expedition to attempt a soft landing on the lunar surface with indigenous technology. If successful, India will be the 4th country ever to soft land on the lunar surface- after USA, Russia and… Continue reading Perfect launch for Chandrayaan -2
Bhabha Kavach to block 7.62 mm AK-47 bullets for paramilitary forces
India’s Lightest Bullet Proof Jacket ‘Bhabha Kavach’ was launched at the International Police Expo 2019. The Bhabha kavach was Indigenously Developed by Ordnance Factory Board (OFB) and Mishra Dhatu Nigam Limited (MIDHANI). Bhabha kavach is a state-of-the-art jacket that can withstand bullets fired from an AK-47 rifle and INSAS(INdian Small Arms System).It has four hard… Continue reading Bhabha Kavach to block 7.62 mm AK-47 bullets for paramilitary forces
Madhya Pradesh government to declare Ratapani sanctuary a tiger reserve
The Madhya Pradesh government has decided to declare the Ratapani Wildlife Sanctuary a tiger reserve for better conservation of tigers. The state had received an approval for the same from the National Tiger Conservation Authority(NTCA). Ratapani Wildlife Sanctuary was established in the year 1976.It has a forest area of around 688 sq km mainly comprising… Continue reading Madhya Pradesh government to declare Ratapani sanctuary a tiger reserve
Daily Quiz #20 UPSC Prelims Marathon – July 23, 2019
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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
