Scientists set sail to unlock secrets of lost continent: Context: Investigation of samples taken by drilling into rock will help discover the history of Zealandia. Key points about Zealandia: Zealandia, which is mostly submerged beneath the South Pacific, was once part of the Gondwana super-continent but broke away some 75 million years ago. Covering five… Continue reading Scientists set sail to unlock secrets of lost continent:
Author: ForumIAS
Centre seeks inputs on trade, industrial policies, services:
Centre seeks inputs on trade, industrial policies, services: Academia has to do research in emerging areas: Sitharaman Context: Commerce Minister Nirmala Sitharaman on Friday sought inputs from the academia on three topics –Foreign Trade Policy (FTP) review, the proposed revamp of manufacturing and industrial policies and India’s proposal at the World Trade Organisation (WTO) on… Continue reading Centre seeks inputs on trade, industrial policies, services:
‘Scheme for banks not applied as envisaged’:
‘Scheme for banks not applied as envisaged’: Recapitalisation norms not met: CAG Context: The Centre’s Indradhanush’ scheme to recapitalize public sector banks (PSBs) based on their performance was not implemented in a manner envisaged, according to a report by the Comptroller and Auditor General of India (CAG) Introduction: The national auditor doubts that the public… Continue reading ‘Scheme for banks not applied as envisaged’:
The state’s domain:
The state’s domain: ) Context: Private healthcare in India usually offers quality service but is often expensive and largely unregulated Introduction: The Niti Aayog and the Union Health Ministry have put forward a proposal to allow private entities to use the premises of the district hospitals to provide treatment for cardiac and pulmonary diseases and… Continue reading The state’s domain:
CAG spots weaknesses in missile defence system:
CAG spots weaknesses in missile defence system: Context The Comptroller and Auditor General (CAG) tabled a report in Parliament stating that the strategic missile system, a medium range supersonic surface to air missile system to counter aerial threats were “deficient in quality”. The Report Over 70% of the under vehicle scanners (UVS) installed at Indian… Continue reading CAG spots weaknesses in missile defence system:
SC rejects abortion plea of 10-year-old: & Not just a question of weeks:
SC rejects abortion plea of 10-year-old: & Not just a question of weeks: Context: On July 24, 2017, a Bench of Justices had directed doctors to medically examine the 10 year old, rape- victim girl and file a report in court on the health of the girl. In a short hearing, the court perused the… Continue reading SC rejects abortion plea of 10-year-old: & Not just a question of weeks:
Fight against terror, BRICS told: & Doval wants BRICS to fight terrorism:
Fight against terror, BRICS told: & Doval wants BRICS to fight terrorism: Context National Security Adviser Ajit Doval called upon the Brazil-Russia-India-China-South Africa (BRICS) grouping to exercise international leadership in countering terrorism, in tune with the growing role of the emerging economies in setting the global agenda. The BRICS meeting Doval advocated that the five… Continue reading Fight against terror, BRICS told: & Doval wants BRICS to fight terrorism:
Pluralism in monetary policy framework:
Pluralism in monetary policy framework: Context: In spite of having sophisticated model at its disposal, the RBI’s performance on accurate inflation forecasting leaves much to be desired. Background: India formally adopted “flexible-inflation targeting” (FIT) in June last year. A key feature of FIT is that monetary policy has an explicit inflation target in the long-term… Continue reading Pluralism in monetary policy framework:
It is now time for an RBI rate cut
It is now time for an RBI rate cut Context: The caution displayed by the Reserve Bank of India’s (RBI’s) monetary policy committee regarding inflation has come under a lot of criticism Introduction: There is a compelling case for the monetary policy committee to cut interest rates. Monetary policy has had to be asymmetrical to… Continue reading It is now time for an RBI rate cut
RBI may cut key interest rate by 25 basis points:
RBI may cut key interest rate by 25 basis points: Context: Amidst softening of inflation data over the last two months, the global finance financial service firm Morgan Stanley is expecting a 25 basis point reduction in policy rates during the upcoming meeting of the Reserve Bank of India’s (RBI) monetary policy committee next week.… Continue reading RBI may cut key interest rate by 25 basis points:
