Author: ForumIAS

London patient may be second in the world to be cured of HIV An HIV-positive man in Britain has become the second known adult worldwide to be cleared of the HIV virus. He had received a bone marrow transplant from an HIV resistant donor. The donor had a genetic mutation known as ‘CCR5 delta 32’,… Continue reading London patient may be second in the world to be cured of HIV

Supreme Court seeks Centre’s response on immigrants The Supreme Court has sought a response from the Centre on a plea which has challenged the amendments made through the Passport (entry into India) Amendment Rules, 2015; the Foreigners (Amendment) Order, 2015 and the order issued by the Ministry of Home Affairs on December 26, 2016 under… Continue reading Supreme Court seeks Centre’s response on immigrants

China targets 6 to 6.5% in shadow of trade war with U.S China lowered its economic growth target for the year 2019 to between 6 to 6.5% of Gross Domestic product(GDP). The cuts to the GDP growth target comes in the backdrop of (a)Chinese economy facing pressure from a persistent slowdown (b)Rising trade tensions between… Continue reading China targets 6 to 6.5% in shadow of trade war with U.S

Tariff hike to hit exports to U.S. The US has announced its decision to terminate India’s designation as a beneficiary of its Generalized System of Preferences (GSP). This decision comes in the backdrop of US having concerns over a range of issues like (a) India’s new rules on e-commerce that affected firms such as Amazon… Continue reading Tariff hike to hit exports to U.S.

Reliance Infrastructure Limited wins bid for greenfield airport in Rajkot for ₹ 648 crore Reliance Infrastructure has bagged a contract from the Airport Authority of India to build a recently approved Greenfield airport at Hirasar,in Rajkot district of Gujarat.It had applied for a tender under Engineering,Procurement and Construction(EPC) model. A greenfield airport is one which… Continue reading Reliance Infrastructure Limited wins bid for greenfield airport in Rajkot for ₹ 648 crore

Insurers must use judgment while investing, says IRDAI Insurance regulatory Development Authority of India(IRDAI) has advised companies to not just rely on the credit ratings for their investments. The advice came after several insurers had invested in entities like IL&FS based on the credit ratings assigned to its debt instruments. The Insurance Regulatory and Development… Continue reading Insurers must use judgment while investing, says IRDAI