Must Read News Articles – June 15th, 2019

Archives GS-2 India to impose retaliatory tariffs on 29 American goods India has decided to impose retaliatory tariffs on 29 goods imported from the USA fr5om June 16th. Shaky building blocks Professor Shailaja Menon argues that the draft National education policy reinforces outdated ideas about the goals of a foundational literacy programme. PM hits out… Continue reading Must Read News Articles – June 15th, 2019

9 PM Current Affairs Brief – June 14, 2019

Download the compilation of all summaries of all the news Articles here India gets $42-billion FDI inflows in 2018: UN report According to UNCTAD’s World Investment Report 2019,Foreign Direct Investment (FDI) into India has increased by 6% to $42 billion in 2018. The sectors which received the strong inflows includes (a)manufacturing, (b)communication (c)financial services (d)cross-border… Continue reading 9 PM Current Affairs Brief – June 14, 2019

India gets $42-billion FDI inflows in 2018: UN report

According to UNCTAD’s World Investment Report 2019,Foreign Direct Investment (FDI) into India has increased by 6% to $42 billion in 2018. The sectors which received the strong inflows includes (a)manufacturing, (b)communication (c)financial services (d)cross-border merger and (e)acquisition activities. The report ranks India at 10th position amongst the top recipients of FDI in 2018. The report… Continue reading India gets $42-billion FDI inflows in 2018: UN report

India slips to 141 in annual Global Peace Index; Iceland retains top spot

The Global Peace Index(GPI) 2019 has been released.India has been ranked at 141 among 163 countries.The ranking of India in 2018 was the 136th. The GPI is a report produced by the Institute for Economics and Peace (IEP) and developed in consultation with an international panel of peace experts from peace institutes and think tanks… Continue reading India slips to 141 in annual Global Peace Index; Iceland retains top spot

S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra

India’s External Affairs Minister has flagged off the first batch of pilgrims for this year’s Kailash Mansarovar Yatra. Kailash Manasarovar Yatra(KMY) is known for its religious value and cultural significance.Being significant to Hindus as the abode of Lord Shiva,it holds religious importance also for the Jains and the Buddhists. The Yatra is organized by the… Continue reading S Jaishankar flags off first batch of pilgrims for Kailash Mansarovar Yatra

Black or grey: What next for Pakistan at FATF?

The Financial Action Task Force(FATF) will hold its Plenary and Working Group meeting from 16th June,2019. The plenary could take up a proposal to downgrade Pakistan to the blacklist on terrorist financing from its current greylisted status. Pakistan has been under the FATF’s scanner since June,2018 when it was put on the greylist for terror… Continue reading Black or grey: What next for Pakistan at FATF?

Multilateral instrument to curb tax treaty abuse

The Union Cabinet has approved the ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The Multilateral Convention is an outcome of the OECD and G20 Project to tackle Base Erosion and Profit Shifting(BEPS Project). The BEPS Project objective is to tackle base erosion and… Continue reading Multilateral instrument to curb tax treaty abuse

SEBI directs rating agencies to disclose probability of default

The Securities and Exchange Board of India (Sebi) has prescribed guidelines to strengthen the disclosures made by credit rating agencies to enhance the rating standards. SEBI has asked credit rating agencies(CRAs) to start disclosing a probability of default(PD) benchmark for the companies rated by them. Probability of default(PD) is a financial term describing the likelihood… Continue reading SEBI directs rating agencies to disclose probability of default

Narendra Modi to chair NITI Aayog meeting

Prime Minister will chair the fifth meeting of the Governing Council of the NITI Aayog. The issues that will be discussed during the meeting are (a)rainwater harvesting (b)drought situation (c)aspirational districts programme (d)transforming agriculture and (e)security issues with a focus on the Left Wing Extremism-affected districts. The Governing Council of NITI Aayog comprises the Prime… Continue reading Narendra Modi to chair NITI Aayog meeting

Habeas corpus writ for illegal detention,not paternity issue

The Delhi High Court has held that a court is not entitled to examine the issue of paternity in a Habeas Corpus writ petition. This judgment came on a petition by a couple seeking issuance of a writ of Habeas Corpus for the production of a minor child who was in the custody of an… Continue reading Habeas corpus writ for illegal detention,not paternity issue

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