Author: ForumIAS

ICICI Bank’s growing troubles News: 1. Companies linked to ICICI Bank controversy come under Ministry of Corporate Affairs (MCA) Important facts: 2. Since March 2018, one of India’s largest privater lenders – ICICI Bank – and its Managing Director and CEO Chanda Kochhar, have been in the spotlight for all the wrong reasons. 3. The allegations include… Continue reading ICICI Bank’s growing troubles

RBI tweaks norms to boost affordable housing lending News: RBI has made changes in PSL norms to boost affordable housing. Important facts: RBI has increased the loan limit of priority sector lending (PSL). The change in norms are: For metropolitan areas, loan limits have been raised from Rs 28 lakh to Rs 35 lakh, and… Continue reading RBI tweaks norms to boost affordable housing lending

India’s rank marginally improves in peace index News: 1. India’s rank has marginally improved in “global peacefulness” according to the Global Peace Index(GPI) Important facts: 2. The GPI is released by Australia-based Institute for Economics and Peace (IEP). 3. There is an overall decline of global peace owing to escalation of violence in West Asia and North Africa.… Continue reading India’s rank marginally improves in peace index

No longer seeing eye to eye?- India-US relation Article Suhasini Haider, an foriegn policy expert, analyses India-US relation in the context of recent chnaging dynamics of India’s foreign policy Important Analysis: Change in vision and relation of India and US is evident in the recent foreign policy speeches of PM Modi and U.S Defence secretary… Continue reading No longer seeing eye to eye?- India-US relation

Defend the deal: on Iran nuclear deal Article: Article deal with options available to Iran against the US sanctions. Important facts: The Joint Comprehensive Plan of Action or the Iran nuclear deal is an agreement on the nuclear program of Iran  between Iran and P5+1 P5+1 -China, France, Russia, United Kingdom, and United States plus Germany U.S has recently pulled out from the Iran nuclear deal… Continue reading Defend the deal: on Iran nuclear deal

Sustaining earth for the future Ecology and environment Article: Kamal Bawa, President of ATREE, India, and Distinguished Professor of Biology at the University of Massachusetts, Boston, expressed his views about environment protection in India. Important Analysis: Need to protect the planet : The author empahsised that India is in need of a massive new efforts… Continue reading Sustaining earth for the future

UN India business forum, NITI Aayog form consortium to help women entrepreneurs Women entrepreneurs, startups News: The UN India Business Forum and the Women Entrepreneurial Platform of NITI Aayog recently formed a consortium to reduce gender disparities in start-up investments. Important facts: The Consortium will bring together key ecosystem stakeholders, including venture capitalists and impact… Continue reading UN India business forum, NITI Aayog form consortium to help women entrepreneurs

‘PSB recap plan inadequate for growth’ Banking reform, economy News: The government’s recapitalisation plan for the 21 public sector banks (PSBs) will not be sufficient to support credit growth but will take care of the provisioning requirement for bad loans, according to Moody’s. Important facts: In October last, the Centre had announced the infusion of… Continue reading ‘PSB recap plan inadequate for growth’

DAC approves procurement of radars, air cushion vehicles Defence Acquisition Council (DAC), air cushion vehicles (ACVs) News: The Defence Acquisition Council (DAC) approved procurement of high powered radars for the Indian Air Force and air cushion vehicles for the Army. Important facts: The DAC meeting, chaired by Defence Minster Nirmala Sitharaman, was scheduled to discuss… Continue reading DAC approves procurement of radars, air cushion vehicles

The Thoothukudi fables Civil society, Sterlite protest Article: Shiv Visvanathan, an academic associated with the Compost Heap, emphasized the role of civil society aftermaths Thoothukudi violence in Tamil Nadu. Important Analysis: Issues involved: Recently in Thoothukudi, the police shot down 13 people who were agitating against the Vedanta owned Sterlite Copper plant. It was in… Continue reading The Thoothukudi fables