According to data released by the Reserve Bank of India, bank credit has grown by 13.2% in financial year 2018-19 as compared to 10.3% in the previous financial year. This growth was mainly driven by loans to services and retail sector. Further,deposit growth also gained momentum growing by 10% as compared to 6.7% a year… Continue reading Bank credit grows 13.2% in FY19
Author: ForumIAS
Europe rejects Iran’s ‘ultimatum’ but stands by nuclear agreement
European leaders has said that EU will remain committed to the Iran nuclear deal.But has also said that they have rejected the ultimatum given by Iran to prevent its collapse. EU has also said that it will continue pursuing efforts to enable the continuation of legitimate trade with Iran. Earlier,Iran had said that it will… Continue reading Europe rejects Iran’s ‘ultimatum’ but stands by nuclear agreement
India to add 3 million jobs by 2023
According to Indian Staffing Federation (ISF),the Indian tech industry will add another three million new jobs in the next five years.With this,the size of the country’s tech industry will be 7 million by 2023. These new jobs would come up in digital technology areas such as (a)artificial intelligence(AI) (b)machine learning (c)Internet of things(IOT) (d)data science… Continue reading India to add 3 million jobs by 2023
Finance panel to reconcile data
The 15th Finance Commission has said that it will reconcile data from several sources to come up with its own conclusion of a reliable economic data. The data includes key financial variables of state expenditure and debt from Comptroller and Auditor General(CAG),data on central government’s debt and public sector borrowings. Further,the finance commission has expressed… Continue reading Finance panel to reconcile data
Won’t capitulate to U.S. pressure on trade:China
United States has raised tariffs on $200 billion of Chinese goods to 25% because trade talks are moving too slowly. Tariffs are taxes paid by importers on foreign goods so the 25% tariff will be paid by US companies who bring Chinese goods into the country. These tariffs were raised as U.S and Chinese officials… Continue reading Won’t capitulate to U.S. pressure on trade:China
Suskityrannus hazelae: A relative of Tyrannosaurus rex, but just 3 feet tall
According to a journal,fossil of a smaller dinosaur called as Suskityrannus hazela (tyrannosauroid dinosaur) has been discovered in New Mexico. Suskityrannus is a genus of small tyrannosauroid family.The fossil discovered dates back 92 million years to the Cretaceous Period. The newly identified dinosaur is a tiny relative of the Tyrannosaurus rex.It stood roughly 3 feet… Continue reading Suskityrannus hazelae: A relative of Tyrannosaurus rex, but just 3 feet tall
Why US has cleared dengue vaccine with conditions,where India stands
Recently,Sanofi Pasteur’s dengvaxia vaccine has been approved by the US Food & Drug Administration(FDA).It is the first dengue vaccine to get the regulatory nod in the US.But US FDA has said that it can be used only by those who have a previous history of the disease particularly in dengue-endemic areas Dengvaxia is a live,attenuated… Continue reading Why US has cleared dengue vaccine with conditions,where India stands
Must Read News Articles – May 10th, 2019
Archives GS-2 Supreme Court pushes for ‘full’ strength of 31 The Supreme Court Collegium, led by Chief Justice of India Ranjan Gogoi, recommended the names of two judges to the court and rejected the government’s disapproval of the elevation of two others. SC to hear Ayodhya title appeals today A five-judge Bench led by Chief… Continue reading Must Read News Articles – May 10th, 2019
[Video] “Between Pre and Mains, focus should be on answer-writing practice”- Chirag Jain Rank 10 IFoS and Rank 355 in CSE 2018
IIT Kanpur graduate Chirag Jain, who secured AIR 355 in CSE 2018 and AIR 10 in IFoS 2018, started preparing for these exams in his 3rd year of graduation. This was his 3rd attempt in CSE and 2nd attempt in IFoS. What drove him to Civil Services is the combination of public service and considerable… Continue reading [Video] “Between Pre and Mains, focus should be on answer-writing practice”- Chirag Jain Rank 10 IFoS and Rank 355 in CSE 2018
[Video]”Linked every Current Affair to the topics given in the Syllabus”- Dilip Pratap Singh Shekhawat AIR 72 CSE 2018
NIT Rourkela graduate Dilip Pratap Singh Shekhawat secured a rank of 72 in CSE 2018. This was his 3rd attempt with optional Public Administration. He started preparing for the Civil Services right away after graduating. What drove him towards Civil Services is the dream to touch the lives of Millions of people in the country… Continue reading [Video]”Linked every Current Affair to the topics given in the Syllabus”- Dilip Pratap Singh Shekhawat AIR 72 CSE 2018
