United States has withdrawn Generalized System of Preferences (GSP) Scheme to India provoking India to impose retaliatory tariffs on many imports of US goods. However,India still continues to enjoy tariff preference from many countries including Australia,Russia and Japan as well as the European Union (EU) among others. Further,within the group of countries that provided GSP… Continue reading Many nations offer India GSP benefits, but US move will affect competitiveness
Author: ForumIAS
MUDRA bad loans rise in FY19, even as NPAs decline across banking system
The government’s MUDRA scheme to finance small and micro borrowers has witnessed an increase in bad loans at a time when the system-wide non-performing assets(NPAs) have started showing signs of a decline. NPA is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. The NPAs… Continue reading MUDRA bad loans rise in FY19, even as NPAs decline across banking system
RBI to DRI: We can’t ask banks to share customer information
The Reserve Bank of India(RBI) has said that it has no power to ask banks to share information on customers with third parties including investigative agencies of the government even if it is in the interests of the bank. The RBI’s response came on a request by the Directorate of Revenue Intelligence(DRI) which sought RBI’s… Continue reading RBI to DRI: We can’t ask banks to share customer information
India rejects Pakistan’s charge of politicising FATF
India has rejected Pakistan’s allegation that it had tried to politicise deliberations at the Financial Action Task Force(FATF) which concluded its plenary with more criticism against Pakistan. Recently,FATF had warned Pakistan that the country could be blacklisted unless it fulfils an action plan against UN-designated terrorists operating in Pakistan by October,2019. A blacklist entry for… Continue reading India rejects Pakistan’s charge of politicising FATF
CJI writes to PM for removal of Allahabad High Court judge
Chief Justice of India has written to Prime Minister seeking initiation of impeachment proceedings against Allahabad High Court judge Justice Narayan Shukla. The charges of judicial impropriety were slapped against the judge after it was found that he had made handwritten corrections to an order passed by his own bench so as to allow a… Continue reading CJI writes to PM for removal of Allahabad High Court judge
Must Read News Articles – June 24th, 2019
Archives GS-2 MEA rejects U.S. report on state of religious freedom in India Rejecting US report on state of religious freedom in India, the Ministry of External Affairs has said that foreign governments do not have the right to criticise India’s vibrant democracy and dedication to rule of law. CJI writes to PM for removal… Continue reading Must Read News Articles – June 24th, 2019
Must Read News Articles – June 23th, 2019
Archives GS-1 From Japan, a museum of peace built on memories of war Japan Manipur a museum of peace built on the memories of one of the fiercest battles of the Second World War- Battle of Imphal. GS-2 Time running out to curb terror, Pak. told Reminding Pakistan that it has less than three months… Continue reading Must Read News Articles – June 23th, 2019
CJI writes to PM, seeks increase in number of Supreme Court judges
Chief Justice of India(CJI) has written to Prime Minister(PM) requesting for the passage of two constitutional amendments which are (a)suitable increase in the strength of SC judges which currently stands at 31 and (b)raising the retirement age of HC judges from 62 to 65 years. The Supreme Court has a maximum strength of 31 judges… Continue reading CJI writes to PM, seeks increase in number of Supreme Court judges
Three in four people with epilepsy in low-income countries may die early: WHO
According to the first global report on epilepsy by the World Health Organization(WHO),more than 75% of people with epilepsy in low-income countries are at risk of premature death due to lack of access to anti seizure medicines. Epilepsy is a central nervous system (neurological) disorder in which brain activity becomes abnormal causing seizures or periods… Continue reading Three in four people with epilepsy in low-income countries may die early: WHO
A medicated nail enamel to help fight infection developed
Researchers from the Delhi have developed a novel translucent nail lacquer fortified with an antifungal drug to treat onychomycosis.The drug-infused,quick-drying polymer can be easily applied like nail polish. Onychomycosis is an infection which is caused due to the fungus, named Trichophyton rubrum.It causes painful infection of toe and fingernails. The infection is prevalent in coastal… Continue reading A medicated nail enamel to help fight infection developed
