Finance Minister has held pre-budget discussions with the representatives from India’s financial sector. The representatives sought for a dedicated liquidity window for non-bank finance companies(NBFC) that can be used as a source of emergency funding. The bankers has asked the government to infuse capital in regional rural banks,rationalise the securities transaction tax and make corporate… Continue reading Pre-Budget consultations: Financial sector seeks dedicated liquidity window for NBFCs
Author: ForumIAS
Chandrayaan-2 Explained: What Moon can hold for India
The Indian Space Research Organization (ISRO) has announced that Chandrayaan-2, India’s second Moon mission, will be launched on July 15, 2019. Its lander and rover would touch down on the moon’s surface on September 6. Chandrayaan-2 is India’s second mission to the moon. It is a totally indigenous mission. Chandrayaan-2 will comprise of an Orbiter,… Continue reading Chandrayaan-2 Explained: What Moon can hold for India
India set to join heavyweight torpedo club
The Indian Navy has decided to induct the indigenously developed heavyweight torpedo “Varunastra” into its arsenal. This will put India in a group of only eight countries that have the capability to manufacture heavyweight torpedoes Torpedo is self-propelled underwater missile, launched from a submarine, surface vessel, or airplane and designed for exploding upon contact with… Continue reading India set to join heavyweight torpedo club
In Arunachal, the golden cat wears new colours
Scientists have discovered six different ‘colour morphs’ (cinnamon, golden, grey, melanistic, ocelot and tightly rosette) of the Asiatic golden cat in Arunachal Pradesh. This may be the world’s greatest number of different-colored wild cat species ever reported in one area. The study was carried out by scientists from Zoological Society of London, and University College… Continue reading In Arunachal, the golden cat wears new colours
Centre reduces contribution rate for ESI
The government of India has announced reduction in the rate of contribution under the Employees’ State Insurance (Act) from 6.5% to 4%. The employers’ contribution has been reduced from 4.75% to 3.25% and employees’ contribution has been reduced from 1.75% to 0.75%. The move is aimed at formalising India’s informal workforce and expanding social security… Continue reading Centre reduces contribution rate for ESI
Sarbat Sehat Bima Yojana
The Punjab State Health Minister has said that the state government will launch its flagship universal health insurance scheme ‘Sarbat Sehat Bima Yojana’ from July. It is a first of its kind in the state. The scheme will provide an annual health cover of Rs. 5 lakh per family. Around 43.18 lakh families in Punjab… Continue reading Sarbat Sehat Bima Yojana
India to have its own space station: ISRO
Indian Space Research Organization (ISRO) has said that India is planning to have its own space station. The modalities for it will be worked out after Gaganyaan Mission- India’s first Human Space Flight Programme which is scheduled to be launched by 2022. A space station is a habitable artificial satellite. It is capable of hosting… Continue reading India to have its own space station: ISRO
Must Read News Articles – June 14th, 2019
Archives GS-2 U.S. open to talks on GSP with India, says Pompeo U.S. Secretary of State Michael Pompeo has hinted that it was possible to reinstate the Generalised System of Preferences, a scheme for preferential access to certain goods markets in the U.S., for India PM to chair NITI Aayog meeting Prime Minister Narendra Modi… Continue reading Must Read News Articles – June 14th, 2019
9 PM Current Affairs Brief – June 13, 2019
Download the compilation of all summaries of all the news Articles here IRSDC enters into tripartite pact with French Railways, agency The Indian Railway Station Development Corp (IRSDC)has entered into a tripartite agreement with French Railways and French Development Agency(AFD). Under this pact, AFD will provide in-kind grant of up to 7 lakh euros through… Continue reading 9 PM Current Affairs Brief – June 13, 2019
How much plastic is in your diet?
According to The New Plastics Economy report, people worldwide could be ingesting 5 g of microscopic plastic particles every week, equivalent in weight to a credit card. It is the first study to estimate the weight of plastics consumed by individual humans. According to the study, an individual consumes about 250 g annually. The study… Continue reading How much plastic is in your diet?
