Medical Devices Promotion Council to be set up, says Suresh Prabhu

Medical Devices Promotion Council to be set up, says Suresh Prabhu  News: The government has recently announced the setting up of a National Medical Devices Promotion Council (NMDPC) under the Department of Industrial Policy and Promotion (DIPP). Important Facts: The proposed council will be headed by Secretary, DIPP. Apart from the concerned departments of Government… Continue reading Medical Devices Promotion Council to be set up, says Suresh Prabhu

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Ireland passes Bill to legalise abortion following May referendum

Ireland passes Bill to legalise abortion following May referendum News Ireland has passed a bill to legalise abortion following a referendum in May 2018 Important facts The new abortion law has been named “Savita Law” after Savita Halappanavar who had died in 2012 after being refused abortion due to prevailing laws. The bill allows for… Continue reading Ireland passes Bill to legalise abortion following May referendum

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JAI and RIC

At the recent G20 meeting in 2018, Japan, India and US conducted a trilateral dialogue. At the same venue, India, Russia and China also held a joint meeting. [table id=88 /] Contentious Issues between RIC and JAI members: China Trade wars between US and China, China’s trade distorting practices, economic colonialism and disrespect for rules… Continue reading JAI and RIC

Must Read News Articles – December 15th, 2018

Archives GS: 2 Ground Zero | Being Bru in Mizoram The conflict between Mizos and Brus began brewing five years before Advani’s remarks. The immediate trigger was the demand of the Bru National Union, a political organisation formed in 1994, for an autonomous district council for the community. GS: 3 HC quashes center’s ban on… Continue reading Must Read News Articles – December 15th, 2018

Telecom tribunal sets aside TRAI’s predatory pricing rule 

Telecom tribunal sets aside TRAI’s predatory pricing rule  News: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has rejected Telecom Regulatory Authority of India’s (TRAI) rule on Predatory Pricing. Important facts: What is Predatory Pricing? Predatory Pricing is the practice of a firm selling a product at very low price with the intention of driving competitors out of… Continue reading Telecom tribunal sets aside TRAI’s predatory pricing rule 

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How side pocketing affects mutual fund houses, investors

How side pocketing affects mutual fund houses, investors News: The Securities and Exchange Board of India (Sebi) has allowed mutual fund schemes the option of ‘side-pocketing’ which will help both fund houses and investors. Important facts: What is side pocketing? It is an accounting method used for segregating bad or illiquid assets from the healthier or… Continue reading How side pocketing affects mutual fund houses, investors

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