Author: ForumIAS

Ease capital requirements for banks: House panel News: Parliamentary panel asks RBI to ease bank’s capital requirements. Important Facts: Aligning the capital requirements for Indian banks with global standards was a bone of contention between the government and the RBI. To address the conflict, an Indian Parliamentary panel, asked the RBI to ease its rules… Continue reading Ease capital requirements for banks: House panel

Improved Light Combat Aircraft gets green light for production News: Hindustan Aeronautics Limited (HAL) aims to get the first Improved Light Combat Aircraft in 2019 Important Facts: The Light Combat Aircraft is being designed and developed by the Aeronautical Development Agency (ADA) in Bengaluru. The IAF has asked HAL to make 40 LCA aircraft. Of… Continue reading Improved Light Combat Aircraft gets green light for production

China’s Chang’e-4 lunar rover lands on moon’s far side, sends back images News: China’s Chang’e-4 lunar rover made the first-ever soft landing on the far side of the moon Important Facts: The first-ever soft landing is being seen as a major milestone in space exploration because unlike previous moon missions that have landed on the… Continue reading China’s Chang’e-4 lunar rover lands on moon’s far side, sends back images

No plan to up judge retirement age: Law Ministry News: Parliamentary Panel recommends increase in retirement age of SC Judges to 67 Years and HC Judges to 65 Years Important Facts: Amid concerns over a huge number of vacancies in the Supreme Court Parliamentary committee has recommended the government to consider increasing the age of… Continue reading No plan to up judge retirement age: Law Ministry