Securities and Exchange Board of India (SEBI) has released a discussion paper for informant mechanism related to insider trading wherein whistleblowers could get monetary reward of up to Rs 1 crore. Insider trading is defined in the SEBI (Prohibition of Insider Trading) Regulations, 2015 to mean trading of securities while in possession of unpublished price… Continue reading SEBI mulls norms to reward whistle-blowers
Author: ForumIAS
First gene-edited babies at early death risk: study
According to a recent study by scientists,the world’s first babies whose genes were altered by the Chinese scientists are more likely to die younger. In 2018,Chinese scientists had gene-edited the twin babies to knock out a gene called CCR5 in hopes that it would render the babies immune to HIV. However,scientists have searched for a… Continue reading First gene-edited babies at early death risk: study
UAE Cabinet adopts “National Strategy for Wellbeing 2031”
The United Arab Emirates (UAE) has adopted the National Strategy for Well-being,2031. The Strategy aims to make the UAE a world leader in quality of life through a number of strategic objectives and initiatives. The Strategy is based on a national framework of three main levels which are (a)individuals (b)society and (c)country. The strategy aims… Continue reading UAE Cabinet adopts “National Strategy for Wellbeing 2031”
India, France to hold mega air exercise ‘Garuda’ in July
The Indian and French air forces has decided to carry out a mega air exercise called as Garuda beginning July 1 in France. This air exercise will take place two months after Indian and French navies had carried out a naval warfare exercise called as Varuna in the Arabian Sea as well as in Djibouti… Continue reading India, France to hold mega air exercise ‘Garuda’ in July
Traffic Index 2018: How Mumbai congestion was measured at world high
According to Traffic Index 2018,Mumbai has been ranked as the most traffic-congested city in the world for the second consecutive year. Traffic Index 2018 is published by TomTom,an Amsterdam based company that offers traffic solutions by using location technology to collect traffic information.The index ranks 403 cities across 56 countries, including 13 new cities. This… Continue reading Traffic Index 2018: How Mumbai congestion was measured at world high
New status for NPP: what conditions did it meet?
Recently, National People’s Party (NPP) has been recognised as a national party. It is the 8th party to get national party recognition-after- Congress, BJP, BSP, NCP, CPI, CPI (M) and Trinamool Congress. NPP is the first political party from north-east to get national party status. The Election Commission lists political parties as a) “national party”,… Continue reading New status for NPP: what conditions did it meet?
We have the right to disallow extradition of Zakir Naik: Malaysia
Malaysian Prime Minister has said that Malaysia has the right not to extradite Dr Zakir Naik if he is not going to be accorded justice. India’s Enforcement Directorate (ED) had earlier charged Zakir Naik with laundering INR193 crore in illicit funds. ED I now preparing to secure a non-bailable warrant against Naik. If the warrant… Continue reading We have the right to disallow extradition of Zakir Naik: Malaysia
Why lakhs are protesting on the streets in Hong Kong
Hong Kong has been erupted by protests as thousands of people are protesting against the changes made in the extradition bill. The changes made in the extradition bill would allow suspects accused of crimes such as murder and rape to be extradited to mainland China to face trial. The law will also allow Hong Kong… Continue reading Why lakhs are protesting on the streets in Hong Kong
Sashakt panel hails RBI circular making ICA mandatory
The Chairman of the Sashakt Committee has said the new RBI direction making the Intercreditor Agreement (ICA) framework mandatory is a move in the right direction for resolution of non-performing assets (NPAs or bad loans). The Reserve Bank of India(RBI) has issued a revised prudential framework for resolution of stressed assets.The revised circular was issued… Continue reading Sashakt panel hails RBI circular making ICA mandatory
Reserve Bank relaxes the norms for no-frills accounts
The Reserve Bank of India(RBI) has relaxed the norms for the Basic Savings Bank Deposit(BSBD) accounts or popularly known as no-frills accounts. The BSBD account was designed as a savings account that will offer certain minimum facilities,free of charge to the holders.Such accounts are primarily aimed at enhancing financial inclusion among the economically weaker sections.… Continue reading Reserve Bank relaxes the norms for no-frills accounts
