Finance Minister has reviewed the state of the economy at the meeting of the Financial Stability and Development Council(FSDC). The meeting reviewed the current global and domestic economic situation and financial stability issues including those concerning banking and NBFCs. The Council was also apprised of the progress made towards setting up of the Financial Data… Continue reading FSDC reviews economy, financial stability is the underlying theme
Author: ForumIAS
State department reiterates Trump’s ‘fair and reciprocal trade’ message for India
The US State Department has reacted to India’s announcement of retaliatory tariffs on certain U.S. imports by reiterating U.S. President message of reciprocal trade and the strength of U.S.-India ties. Recently,the United States Trade Representative(USTR) had said that there will be not be a trade action against India but US will continue to raise market… Continue reading State department reiterates Trump’s ‘fair and reciprocal trade’ message for India
Heritage site status for Coringa mangroves likely
The Andhra Pradesh Government has constituted a seven-member committee for fulfilment of norms required for proposing the Godavari Mangroves(Mada forests) at Coringa as a World Heritage Site. The State government eyes heritage site tag for the mangroves so that it would get UNESCO funding to protect and preserve the wildlife sanctuary and attract international tourists.… Continue reading Heritage site status for Coringa mangroves likely
Explained: Solanum plastisexum; Australia’s new sex-changing tomato
Scientists have finally given a unique bush tomato species a name which is native to the Australia.They named the plant Solanum plastisexum. The species name ‘Solanum Plastisexum’ comes from the Greek root meaning ‘moldable’ or ‘changeble’ combined with the Latin word for sex. The bush tomato species was first discovered by botanists in the 1970s.For… Continue reading Explained: Solanum plastisexum; Australia’s new sex-changing tomato
Won’t allow FDI in multi-brand retail, predatory pricing: Goyal
Commerce and industry minister has said that the government would not allow multi-brand retail trade by foreign e-commerce companies. In 2018,Department for Promotion of Industry and Internal Trade (DPIIT) had tightened the foreign direct investment (FDI) rules for ecommerce companies The new rules were (a)If an entity is owned by an e-commerce marketplace(ECM),it cannot sell… Continue reading Won’t allow FDI in multi-brand retail, predatory pricing: Goyal
SEBI allows futures on commodity indices
The Securities and Exchange Board of India (SEBI) has permitted stock exchanges with commodity derivative segment to introduce futures on commodity indices. The stock exchanges willing to start trading in futures on commodity indices are required to take prior approval for launching such contracts. SEBI has also directed the stock exchanges to submit proposal with… Continue reading SEBI allows futures on commodity indices
Grey wolf from India killed in Bangladesh
The first Indian grey wolf which was seen in Bangladesh in the eight decades has been beaten to death by farmers after preying on their livestock. The Indian wolf (Canis lupus pallipes) is a subspecies of grey wolf that ranges from Southwest Asia to the Indian Subcontinent. It is intermediate in size between the Tibetan… Continue reading Grey wolf from India killed in Bangladesh
Must Read News Articles – June 20th, 2019
Archives GS-1 UP site expected to get national importance tag Sadikpur Sinauli in Uttar Pradesh’s Baghpat district could be declared a site of national importance soon. GS-2 State department reiterates Trump’s ‘fair and reciprocal trade’ message for India The State Department has reacted to India’s announcement of retaliatory tariffs on certain U.S. imports, reiterating U.S.… Continue reading Must Read News Articles – June 20th, 2019
9 PM Current Affairs Brief – June 19, 2019
Download the compilation of all summaries of all the news Articles here RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra A Reserve Bank of India (RBI) expert committee tasked with reviewing the current framework for the micro, small and medium enterprises (MSMEs) has submitted its report. The panel has recommended doubling… Continue reading 9 PM Current Affairs Brief – June 19, 2019
Uptick for India on sanitation in UN report
United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO) has recently released, a Joint Monitoring Programme report titled, “Progress on drinking water, sanitation and hygiene: 2000-2017: Special focus on inequalities”. According to the report, India has made significant progress in providing basic sanitation facilities since 2000. India accounts for two thirds of the… Continue reading Uptick for India on sanitation in UN report
