Author: ForumIAS

NBFCs worst hit among lenders as they face loan stacking. News: According to Cibil-Sidbi study Non-banking finance companies (NBFCs) have witnessed a rise in loan stacking. Important Facts: The report highlights a direct correlation between loan stacking behavior and probability of default which have turned non-performing assets Major Finding of the reports: The loan stacking… Continue reading NBFCs worst hit among lenders as they face loan stacking.

NASA probe discovers new planet News: NASA’s discovered new planet, named HD 21749b orbiting a dwarf star 53 light years away. Important Facts: HD 21749 is a star that is approximately 68% the mass of and 76% the radius of the Sun The star has two exoplanets: a possibly rocky, hot sub-Neptune-sized exoplanet, named HD… Continue reading NASA probe discovers new planet

Customers cannot be charged for availing tokenisation service: RBI News: RBI proposed no charges from the customer for availing tokenisation service. Important Facts: The Reserve of India (RBI) has allowed all card payment networks to offer tokenisation service without any charges. Tokenisation involves a process in which a unique token masks sensitive card details. The… Continue reading Customers cannot be charged for availing tokenisation service: RBI

SC sets aside Delhi HC ruling against Monsanto News: Supreme Court upholds Monsanto’s patent claim on Bt cotton seed Important Facts: India’s Supreme Court ruled that Monsanto’s patent for Bt cotton seeds is valid, overturning a judgment by the High Court of Delhi that said certain items such as seeds, plants and animals can’t be… Continue reading SC sets aside Delhi HC ruling against Monsanto

Irrigation projects delay led to jump in costs: CAG News According to a report by the Comptroller and Auditor General (CAG), delayed implementation of projects under the Accelerated Irrigation Benefit Programme (AIBP) between 2008 and 2017 has increased the cost of these projects to ₹1.20 lakh crore Important facts About Accelerated Irrigation Benefit Programme (AIBP)… Continue reading Irrigation projects delay led to jump in costs: CAG

DNA Technology (Use and Application) Regulation Bill, 2018 News The Lok Sabha has passed the DNA Technology (Use and Application) Regulation Bill, 2018 Important Facts About DNA Technology (Use and Application) Regulation Bill, 2018: Aim: Expand the application of DNA-based forensic technologies to support and strengthen the justice delivery system of the country. Details: The… Continue reading DNA Technology (Use and Application) Regulation Bill, 2018