7 PM | Lokpal and lokayukta | 20 March, 2019

Read In-depth analysis of all the Editorials here Context Lokpal selection panel finalised the name of former Supreme Court judge Justice Pinaki Chandra Ghose as the first head of the Lokpal, a national anti-corruption ombudsman. Brief history A Lokpal is an anti-corruption authority or ombudsman who represents the public interest. The concept of an ombudsman is borrowed… Continue reading 7 PM | Lokpal and lokayukta | 20 March, 2019

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HC stays M.P. govt.’s 27% OBC quota ordinance

HC stays M.P. govt.’s 27% OBC quota ordinance The Madhya Pradesh High court has stayed the state government’s ordinance increasing OBC reservation. Other Backward Class (OBC) is a collective term used by the Government of India to classify castes which are socially and educationally disadvantaged. The ordinance had increased the reservation in government jobs and… Continue reading HC stays M.P. govt.’s 27% OBC quota ordinance

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Supreme Court bats for hit-and-run accident victims

Supreme Court bats for hit-and-run accident victims The Supreme Court has called for a “secured and fool proof” method of distribution compensation to victims of hit and run cases. Recently, the Supreme Court had accepted court appointed committee’s recommendation to increase the minimum compensation for death in a hit-and-run case from the existing Rs 25,000… Continue reading Supreme Court bats for hit-and-run accident victims

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Cyclone Idai: India reaches out to Mozambique

Cyclone Idai: India reaches out to Mozambique The Indian Navy has had launched a Humanitarian Assistance and Disaster Relief (HADR) operation near Port Beira in Mozambique. Mozambique has been hit by widespread flooding and devastation after a tropical cyclone named Idai had made landfall near the port city of Beira. Mozambique is located in Southeast… Continue reading Cyclone Idai: India reaches out to Mozambique

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Forex swap for liquidity has been received well, says RBI Governor

Forex swap for liquidity has been received well, says RBI Governor The Reserve Bank of India’s Governor has said that the market response to the foreign exchange swap arrangement announced by RBI has been received well. Recently,RBI has decided to inject long-term liquidity into the system through foreign exchange swap arrangement.The word swap means exchange.… Continue reading Forex swap for liquidity has been received well, says RBI Governor

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India, Sri Lanka joint exercise ‘Mitra Shakti-VI’ to commence from Mar 26

India, Sri Lanka joint exercise ‘Mitra Shakti-VI’ to commence from Mar 26 Exercise MITRA SHAKTI is a military exercise between India and Srilanka.It is conducted annually as part of military diplomacy and interaction between the two countries.The joint exercise will commence from March 26 to April 8 for the year 2018-19,in Sri Lanka. The aim… Continue reading India, Sri Lanka joint exercise ‘Mitra Shakti-VI’ to commence from Mar 26

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RBI seeks modification of NCLAT order in IL&FS case

RBI seeks modification of NCLAT order in IL&FS case The Reserve Bank of India has decided to appeal in the National Company Law Appellate Tribunal(NCLAT) to seek a modification of its earlier order. Earlier,NCLAT had restrained banks from declaring accounts of Infrastructure Leasing and Financial Services (IL&FS) and its group companies as non-performing assets (NPA).NPA… Continue reading RBI seeks modification of NCLAT order in IL&FS case

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