The Parliamentary Assembly of the Council of Europe has voted in favor of restoring Russia’s voting rights five years after they were revoked over its illegal annexation of the Crimean Peninsula. The move paves the way for Russia to participate in the election of a new secretary general for the pan-European rights body. Russia was… Continue reading Council of Europe restores Russia′s voting rights
Author: ForumIAS
Trade, anti-missile deal, other sticky issues on plate during Pompeo-Jaishankar talks
United States Secretary of State has arrived in India for his interaction with the Indian Government. The two countries will discuss the US opposition to India’s $5 billion deal for acquiring S-400 missile system from Russia. The US wants India to cancel the deal citing a US Countering America’s Adversaries through Sanctions Act(CAATSA) that imposes… Continue reading Trade, anti-missile deal, other sticky issues on plate during Pompeo-Jaishankar talks
Gross NPAs of banks may shrink to 8 per cent by March 2020: Crisil
According to the Crisil report,public sector banks which account for over 80% of the non-performing assets(NPAs) could see the gross NPAs decreased to 10.6% by March 2020 from a peak of 14.6% in March 2018. The reason attributed to this downfall in the NPAs were highlighted as higher recoveries and slowdown. The Gross NPAs within… Continue reading Gross NPAs of banks may shrink to 8 per cent by March 2020: Crisil
RBI union moots collegium to select governors, deputy governors
The RBI union has proposed a Collegium of experts to appoint governors and deputy governors to ensure central bank autonomy and independence. The collegium should comprise former RBI governors,other prominent central bankers and economists. The recent resignation of the RBI deputy governor at least six months before his term expired is the trigger for mooting… Continue reading RBI union moots collegium to select governors, deputy governors
Bank NPA
Union Minister of Finance informed Lok Sabha about the present state of Bank Non Performing assets(NPA) in India. The minister said that as per RBI provisional data on global operations, the aggregate amount of gross NPAs of Public sector banks(PSBs) and Scheduled Commercial Banks(SCBs) till 31st March,2019 were Rs.8 lakh crore and Rs. 9.5 lakh… Continue reading Bank NPA
NGOs for promotion of road safety
Union minister has informed that Ministry of Road Transport and Highways has launched a scheme for grant of financial assistance to NGOs for administering Road Safety Advocacy in the last FY 2017-18. Under this Scheme,proposals for road safety advocacy programmes through 203 different Non-Governmental Organisations(NGOs)/Trusts/ Cooperative Societies have been sanctioned in FY 2017-18. As per… Continue reading NGOs for promotion of road safety
ICMR scientists identify new biomarker for malaria
A team of researchers from Indian Council of Medical Research(ICMR) has identified a new biomarker in the body called as glutamate dehydrogenase of malaria parasite. This promises to help develop a more sensitive diagnostic test for the malaria disease. Currently,tests used for diagnosing malaria are based on a gene,Histidine-rich Protein 2(HRP2) replete with amino acid… Continue reading ICMR scientists identify new biomarker for malaria
Cash in circulation fell post note ban: FM
Finance minister has said that demonetisation along with increased digital transactions and the reduced cash usage in the informal economy has led to a reduction in currency in circulation by ₹3.4 lakh crore. The Government has also said that fake note circulation has also dropped.It quoted RBI reports which said that the number of counterfeit… Continue reading Cash in circulation fell post note ban: FM
‘Impressive’ tortoise discovered in Arunachal Pradesh
Wildlife experts have discovered the Impressed Tortoise (Manouria impressa) in near Yazali of Lower Subansari district in Arunachal Pradesh. The new species of tortoise are elusive and have never been previously sighted in India. They are considered to be restricted to western Myanmar, pockets of habitat in Thailand, Laos, Vietnam, Cambodia, and southern China, and… Continue reading ‘Impressive’ tortoise discovered in Arunachal Pradesh
Single mothers head 4.5% of all Indian households
According to UN Women’s Report titled “Women’s Progress of the World 2019-2020”, in India, 13 million (4.5% of all households) are run by single mothers. In India, 46.7% of families are couples living with their children, over 31% live in extended families, while single person families account for 12.5% Further, the report has noted that… Continue reading Single mothers head 4.5% of all Indian households
