Must Read News Articles-June 28th 2019

Archives GS-1Bombay High Court upholds reservation for MarathasThe High Court has upheld the reservation for the Marathas, but has said it should be 12%-13% and not 16% as approved by state legislature National mission on natural language translation soon The Ministry of Electronics and IT will soon place before the Union Cabinet a Rs. 450… Continue reading Must Read News Articles-June 28th 2019

9 PM Current Affairs Brief – June 27, 2019

Download the compilation of all summaries of all the news Articles here Surjit Bhalla Committee on Trade and Policy Union Minister of Finance & Corporate Affairs has informed Rajya Sabha about the Surjit Bhalla Committee on Trade and Policy. The Union commerce ministry had constituted a high-level advisory group on Foreign trade policy. The group… Continue reading 9 PM Current Affairs Brief – June 27, 2019

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Surjit Bhalla Committee on Trade and Policy

Union Minister of Finance & Corporate Affairs has informed Rajya Sabha about the Surjit Bhalla Committee on Trade and Policy. The Union commerce ministry had constituted a high-level advisory group on Foreign trade policy.The group has submitted its report to the government. The panel has recommended the centre to cut down corporate tax rate and… Continue reading Surjit Bhalla Committee on Trade and Policy

Consider landless beekeepers as farmers, suggests beekeeping development committee

The Economic Advisory Council to the Prime Minister had set up a Beekeeping Development Committee under the Chairmanship of Professor Bibek Debroy. The committee was constituted with the objective of identifying ways of advancing beekeeping in India that can help in improving agricultural productivity,enhancing employment generation,augmenting nutritional security and sustaining biodiversity. The committee has recommended… Continue reading Consider landless beekeepers as farmers, suggests beekeeping development committee

UNSC non-permanent seat: India’s candidature receives unanimous endorsement by Asia-Pacific group

The 55 countries of the Asia-Pacific group at the United Nations has unanimously endorsed India’s candidature for a non-permanent seat on the Security Council for a two-year term in 2021-2022. The development is particularly significant given that Pakistan and China both countries with which India has had diplomatic challenges at the UN has supported the… Continue reading UNSC non-permanent seat: India’s candidature receives unanimous endorsement by Asia-Pacific group

At Osaka G20 summit, PM Modi to talk global meet on terror

Prime Minister is going for the 2019 G20 Summit to be held in Osaka, Japan.The summit will be the 14th such gathering.The theme of the G20 summit 2019 is human-centred future society. There will be four key sessions at the summit (a)Global Economy:Trade and Investment (b)Innovation in Digital Economy and Artificial Intelligence (c)Addressing Inequalities and… Continue reading At Osaka G20 summit, PM Modi to talk global meet on terror

Centre expands terms of reference of direct tax law body

The Central Board of Direct Taxes (CBDT) has decided to expand the terms of reference for the committee that has been formed to re-write the Direct Tax Code(DTC). The committee will now have to consider five more areas while drafting their recommendation making the total terms of reference nine. The existing terms of reference included… Continue reading Centre expands terms of reference of direct tax law body

RBI begins monitoring HFCs

The Reserve Bank of India(RBI) has started monitoring the liquidity position,asset-liability gap and repayment schedules of housing finance companies(HFCs) on a daily basis. The move to monitor HFCs on a daily basis comes after some HFC had gone into liquidity crisis which had resulted in defaults.This crisis had started since the debt default by IL&FS… Continue reading RBI begins monitoring HFCs

Payments data must be saved locally: RBI

The Reserve Bank of India (RBI) has clarified that payment system providers need to store entire payments data in a system only in India. The data should include end-to-end transaction details and information pertaining to payment or settlement transaction that is gathered, transmitted as part of a payment message or instruction. The data could be… Continue reading Payments data must be saved locally: RBI

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