Recently,Delhi police had found that Rs 19 lakh had been fraudulently withdrawn from 87 accounts in three ATMs in a span of seven days. This was done with the help of skimming. Skimming is a procedure in which criminals clone ATM cards with stolen data.A skimmer is a device designed to look like and replace… Continue reading Skimming: how devices at ATMs can steal data, help criminals clone cards
Author: ForumIAS
Vande Bharat Express crosses another milestone
Recently,Vande Bharat Express(Train 18) has completed 1 lakh running kilometres without missing a single trip.It has also become the first train in India to clock average speed of over 100 Kmph between Delhi and Prayagraj. Train 18 is India’s first indigenously built engineless train capable of running at a speed of up to 160 kmph,It… Continue reading Vande Bharat Express crosses another milestone
Peace pact with Taliban is unlikely before September polls
Addressing a gathering at the Indian Council of World Affairs (ICWA), Chief Executive of the Afghan High Peace Council has said that Afghanistan would not compromise on fundamental issues with the Taliban. Further,he has also said that the US-Taliban talks has given the Taliban a higher political profile even though they are not the real… Continue reading Peace pact with Taliban is unlikely before September polls
Democrats concerned over Trump’s India policy
US Democratic lawmakers has criticized US President for his failure to appoint a confirmed head of the state department’s South and Central Asia (SCA) bureau.This department conducts diplomatic relations with India, Pakistan, Afghanistan and other countries. US President had announced his South Asia policy in 2017 calling for a greater development role for India in… Continue reading Democrats concerned over Trump’s India policy
Kerala first Indian state to tap into masala bond market
Kerala Infrastructure Investment Fund Board(KIIFB) has issued Masala Bonds to raise funds from the overseas market. KIIFB has become the first regional entity in India to enter the offshore international masala bond market.The bond has been listed on the London Stock Exchange’s International Securities Market. Masala bonds are bonds issued by an Indian entity in… Continue reading Kerala first Indian state to tap into masala bond market
E-payments panel submits report to RBI
The Reserve Bank of India(RBI) appointed a committee, headed by Nandan Nilekani has submitted its suggestions on promoting digital payments to RBI Governor. RBI had set up the five-member panel on deepening digital payments with a view to encouraging digitisation of payments and enhance financial inclusion through digitisation. The panel was tasked with reviewing the… Continue reading E-payments panel submits report to RBI
Ex-servicemen status for Nursing Service
The Defence Ministry and the Army has approved ex-servicemen status to the Military Nursing Service (MNS) cadre. MNS was set up as an auxiliary force in 1943 and has only women officers with permanent commission, who serve as nursing staff in all three forces. The issue of seeking ex-servicemen status was first raised by some… Continue reading Ex-servicemen status for Nursing Service
India surpasses China in fintech funding in March quarter: Report
According to the Global Fintech Report,India has surpassed China as the leading fintech startup hub in Asia by attracting almost 50% more funding than their Chinese counterparts. FinTech or financial technology is an industry comprising companies that use technology to offer financial services.These companies operate in insurance,asset management and payment and numerous other industries. China… Continue reading India surpasses China in fintech funding in March quarter: Report
Refurbished mobile imports certified by BIS get govt nod
India has decided to allow the import of refurbished or second mobile phones subject to the condition that they are certified by the Bureau of Indian Standards (BIS). Earlier,the government was against the import of refurbished electronics products into the country.It feared that companies may use it to dump hazardous electronic waste.Also,it would negate the… Continue reading Refurbished mobile imports certified by BIS get govt nod
Illegal GM brinjal was second crop,officials destroy plants
The Haryana horticulture department has uprooted and deeply buried the illegal cultivation of genetically modified brinjal. Recently,farmers in Haryana and experts had expressed fears of widespread contamination of GM brinjal in the state as farmer was found cultivating Bt brinjal illegally. The Bt brinjal refers to a group of transgenic brinjals created by inserting a… Continue reading Illegal GM brinjal was second crop,officials destroy plants
