Ministry of Corporate Affairs(MCA) and the Securities and Exchange Board of India(SEBI) has signed a Memorandum of Understanding (MOU) for data exchange between the two regulatory organizations. The MoU comes in the backdrop of increasing need for surveillance in the context of Corporate Frauds affecting important sectors of the economy. The MoU will facilitate the… Continue reading SEBI, MCA sign pact for more data scrutiny
Author: ForumIAS
Denial of LoP status to Congress illegal, can be challenged in court: Abhishek Singhvi
Congress leader has said that the single largest party in Lok Sabha deserves the post of Leader of Opposition(LoP).He alleged that the rule cited to deny the LoP post to Congress was unconstitutional. Leader of Opposition is a statutory office provided for in the Salary and Allowances of Leaders of Opposition in Parliament Act,1977. The… Continue reading Denial of LoP status to Congress illegal, can be challenged in court: Abhishek Singhvi
Dissenting view not part of final order, says EC
The Election Commission has issued a formal order stating that dissent views will not be made part of orders relating to model code of Conduct (MCC) violation cases. This decision was taken as MCC matters were not quasi-judicial proceedings and hence did not require dissent or minority views to be conveyed as part of the… Continue reading Dissenting view not part of final order, says EC
Bill: Ease green card cap on STEM students
The US Democratic Party senators have introduced a bill called “Keep STEM Talent Act of 2019”. The bill aims at removing unfair barriers for science, technology, engineering and maths-educated international students who want to work in the US after completing their degrees. The bill provides that STEM graduates could obtain green card if two conditions… Continue reading Bill: Ease green card cap on STEM students
SBI to offer home loan linked to repo rate
State Bank of India(SBI) has announced to introduce a repo rate-linked home loan product from July 1,2019.This move seems to be in line with the RBI ‘s direction to the banks to link home loans to an external benchmark. SBI had taken this decision even though RBI had deferred the plan to link the rate… Continue reading SBI to offer home loan linked to repo rate
Indians turn pessimistic as job worries weigh on confidence :survey
The Reserve Bank of India has released the results of the May,2019 round of its Consumer Confidence Survey (CCS). The survey was conducted in 13 Indian cities and was based on responses from several households.The survey indicates optimism above 100 and pessimism below that mark. The survey seeks qualitative responses from households regarding their sentiments… Continue reading Indians turn pessimistic as job worries weigh on confidence :survey
Ai-Da, the robot, charms with her art
The exhibition of art created by a humanoid Artificial intelligence (AI) robot named as Ai-Da was unveiled recently at the University of Oxford. Aida is the world’s first ultra-realistic humanoid artist able to draw creatively due to an in-built AI technology. Ai-Da is named after British mathematician and computer pioneer Ada Lovelace.The collection of art… Continue reading Ai-Da, the robot, charms with her art
In a first, trains services opened in Arctic
Russia has launched the first tourist train to Arctic region.The train will travel through Russia’s Arctic region on to Norway. It set off from St. Petersburg station with passengers aboard. The train has been named as Zarengold.It has two restaurant cars and the whole trip is expected to take 11 days and will allow passengers… Continue reading In a first, trains services opened in Arctic
Draft National Education Policy moots all-India entrance tests for UG courses in public colleges
The Draft national Education Policy, 2019 has recommended that there should be common (all-India) entrance examinations for admissions to undergraduate courses in all government-funded universities and colleges, w.e.f. 2020. Further, private universities should also be encouraged to make use of the common admission tests. It has suggested that the National Testing Agency (NTA) should conduct… Continue reading Draft National Education Policy moots all-India entrance tests for UG courses in public colleges
Must Read News Articles – June 8th, 2019
Archives GS-2 Plea in SC to modify PG admissions order An application has been filed in the Supreme Court for a modification of its June 4 order restraining students from changing their original option/preference for seats in the postgraduate medical and dental courses in Maharashtra for the academic year 2019-2020. Dissenting view not… Continue reading Must Read News Articles – June 8th, 2019
