Union Cabinet has approved the New Delhi International Arbitration Centre Bill,2019 for introduction in the ensuing session of Parliament. The Bill provides for setting up of an independent autonomous body for institutional arbitration and to acquire and transfer the undertakings of International Centre For Alternative Dispute Resolution (ICADR) to New Delhi International Arbitration Centre(NDIAC). NDIAC… Continue reading Cabinet approves New Delhi International Arbitration Centre Bill,2019
Author: ForumIAS
Trade deficit widens to $15.36 bn in May
According to data released by the Ministry of Commerce,India’s trade deficit has widened to a six-month high of $15.4 billion in May,2019. The trade deficit has widened due to import growth outpacing export growth following a 37% jump in gold imports. The rising crude oil prices due to sanctions on Iranian oil imports could further… Continue reading Trade deficit widens to $15.36 bn in May
PM Modi reaches India after attending SCO meet
Indian PM has concluded his two-day visit to attend the Shanghai Cooperation Organisation(SCO) summit in Bishkek,Kyrgyzstan. During his visit,Indian PM has held successful bilaterals with China, Russia, Afghanistan and Kyrgyzstan apart from addressing the SCO summit. He coined the acronym HEALTH during his address at the Summit, which is a template for strengthening cooperation amongst… Continue reading PM Modi reaches India after attending SCO meet
Narendra Modi, Imran Khan exchange pleasantries during SCO Summit at Bishkek
Indian Prime Minister Narendra Modi has attended the Shanghai Cooperation Organisation(SCO) summit in Bishkek,Kyrgyzstan. The Bishkek Declaration of the SCO Heads of State Council condemned terrorism in all forms and manifestations. The member states stressed on expanding and deepening cooperation in trade, finance, investment, transport, energy, agriculture, innovation, cutting-edge technology. They also called for keeping… Continue reading Narendra Modi, Imran Khan exchange pleasantries during SCO Summit at Bishkek
Mary Meeker’s 2019 Internet Trends Report: The Internet Is Growing, and So Are the Problems That Come With It
According to Mary Meeker’s Internet Trends Report 2019,Over half of the world’s population has access to the internet now with a majority of users which is about 53% coming from the Asia-Pacific region. The report says that India has the second largest internet user base at 12% while China leads with 21% internet users globally.The… Continue reading Mary Meeker’s 2019 Internet Trends Report: The Internet Is Growing, and So Are the Problems That Come With It
Scientists unravel the fungus responsible for Sheath Blight disease in rice
Recently,scientists at the National Institute of Plant Genome Research has unraveled the genomic diversity associated with aggressiveness of two Indian strains of Rhizoctonia solani. Rhizoctonia solani is a fungal pathogen that causes the dreaded Sheath Blight disease in rice. Sheath Blight disease is a major issue in rice cultivation.It can cause up to 60% reduction… Continue reading Scientists unravel the fungus responsible for Sheath Blight disease in rice
US cautions India over S-400 deal with Russia, cites strategic partnership choices
The US administration has been persuading India to cancel the Russian S-400 missile defence system. The US has raised a range of concerns over the deal such as systems interoperability to long-term worries over strategic partnership choices. US officials have also indicated that the US is ready to sell India platforms such as its Terminal… Continue reading US cautions India over S-400 deal with Russia, cites strategic partnership choices
Akshaya Patra wins BBC award
The Akshaya Patra Foundation has been awarded the BBC World Service’s Global Food Champion 2019. Global Food Champion is an annual award that honours people or projects that is changing the way the world produces, processes, consumes or thinks about food for the better. The Akshaya Patra Foundation (TAPF) is an NGO for children in… Continue reading Akshaya Patra wins BBC award
45 writers to get Sahitya Akademi awards
Sahitya Akademi has selected 22 writers for the Sahitya Akademi Bal Sahitya Puraskar 2019 and 23 writers for Yuva Puraskar 2019. Bal Sahitya Puraskar is given to authors for their contribution in children literature. The Yuva Puraskar is given to writers aged below 35. The Sahitya Akademi, India’s National Academy of Letters, is an organisation… Continue reading 45 writers to get Sahitya Akademi awards
IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister
Finance Minister has held pre-budget discussions with the economists. The economists stressed on the need to (a)promote labour intensive sectors and (b)manufacturing through Make in India. Further,they also suggested simplification of GST,Insolvency and Bankruptcy Code(IBC)-type framework for NBFC,implementation of Direct Tax Code and constitution of independent fiscal policy committee. Economists also gave suggestions on tariff… Continue reading IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister
