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
Author: ForumIAS
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
Narendra Modi, Xi Jinping agree to speed up boundary talks
Indian Prime Minister has met with Chinese President on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit. The two leaders have agreed to expedite the dialogue on the India-China boundary issue for securing a fair solution. The two leaders also discussed the status of the bilateral relationship since the Wuhan summit which came in… Continue reading Narendra Modi, Xi Jinping agree to speed up boundary talks
U.S. open to dialogue on GSP, says Pompeo
The US secretary of state has said that the US could discuss its decision to withdraw duty-free benefits to Indian exporters under the generalized system of preferences (GSP) scheme. GSP is a preferential tariff system extended by developed countries to developing countries.It is a preferential arrangement in the sense that it allows concessional low/zero tariff… Continue reading U.S. open to dialogue on GSP, says Pompeo
Two tankers attacked in Gulf of Oman
Recently,two tankers were attacked in the Gulf of Oman.The ship were carrying oil and other transporting a cargo of chemicals near the strategically important Strait of Hormuz. The US has blamed Iran for the attacks on the tankers.However,Iran has dismissed the claims and said that Iran has no connection with the explosions. Earlier,Iranian officials had… Continue reading Two tankers attacked in Gulf of Oman
