The UAE Central Bank’s Financial Intelligence Unit (FIU) has launched the new anti-money laundering platform called goAML. The platform will help facilitate law enforcement authorities in the receipt, analysis and dissemination of suspicious transactions including money laundering. The goAML system is the first platform to go live in the Gulf countries.It was developed by the… Continue reading UAE launches UN-developed anti-money laundering platform
Author: ForumIAS
Reflection of faith
The annual four-day Ambubachi Mela is being held at Amingaon near Guwahati,Assam. Ambubachi Mela is a festival to mark the annual menstruation of the goddess which is held at Kamakhya temple. The Ambubachi Mela symbolises the fertility cult of goddess Kamakhya. There is no idols in the temple,the goddess is worshipped in the form of… Continue reading Reflection of faith
Rivigo launches national freight index
The logistics start-up Rivigo has launched National Freight Index(NFI) that will provide live freight rates for different lanes and vehicles across the country. Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The NFI will offers an aggregated picture of both live rates and historical trends of spot price movements… Continue reading Rivigo launches national freight index
It’s premature to count India out of the RCEP, says Centre
India has said that it would be premature to suggest that India could be left out of the Regional Comprehensive Economic Partnership(RCEP). This statement came after Malaysian Prime Minister had said that he would prefer to go ahead with the RCEP Pact immediately and allow countries such as India, Australia and New Zealand to join… Continue reading It’s premature to count India out of the RCEP, says Centre
RBI’s customer-complaint processing goes digital
The Reserve Bank of India(RBI) has launched a Complaint Management System (CMS).It is a software application to facilitate RBI’s grievance redressal processes. Customers can lodge complaints against any entity regulated by RBI with public interface such as commercial banks, urban cooperative banks,Non-Banking Financial Companies(NBFCs). This system will make sure that every complaint is received and… Continue reading RBI’s customer-complaint processing goes digital
Passports with advanced security features soon
External affairs minister has said that the manufacture of e-passports will be pursued on priority so that a new passport booklet with advanced security features can be rolled out in the near future. The minister also said that the ministry is soon going to have a chip based passport,the software for which has been developed… Continue reading Passports with advanced security features soon
House panel shies away from quantifying black money
The parliamentary panel on finance of the 16th Lok Sabha has submitted its report to the Lok Sabha, The panel has said it is difficult to provide a credible estimate of the black money stashed away overseas by Indians.The panel suggested that black money could be anywhere ranging from 7-120% of the GDP. This massive… Continue reading House panel shies away from quantifying black money
This Word Means: Constructive Vote Of No-confidence
In the debate over simultaneous elections,one question being raised is what happens to the common cycle if any one of these simultaneously elected legislatures is brought down by a no-confidence motion. The ruling BJD in Odisha has proposed constructive vote of no-confidence as a solution.It is followed in Germany.This was also recommended by the Law… Continue reading This Word Means: Constructive Vote Of No-confidence
ILS develops antibodies against Chikungunya infection
The Institute of Life Sciences(ILS) has successfully developed antibodies against the Chikungunya virus(CHIKV) infection. The antibodies were developed following decade-long research on the CHIKV infection at the ILS laboratory. With no prior antibodies reported against CHIKV,the group was the first to develop antibodies against the non-structural proteins – nsP1,nsP3 and nsP4 of CHIKV. This development… Continue reading ILS develops antibodies against Chikungunya infection
Blacklisting Pakistan absolutely a possibility:FATF president
The Financial Action Task Force(FATF) has said that Pakistan could be put on the watchdog’s blacklist if the country fails to fulfill its anti terror action plan. FATF President said that Pakistan has already missed two deadlines and decision in this regard would be taken in October 2019 where Pakistan will be assessed on the… Continue reading Blacklisting Pakistan absolutely a possibility:FATF president
