Source: click here Syllabus: GS 3 Synopsis: The RBI’s plan to tighten regulations on large NBFCs is critical for financial stability. Introduction The RBI has planned an important change in its regulatory approach towards India’s non-banking financial companies (NBFCs). It plans to monitor larger NBFCs almost as closely as it monitors banks. Read – 4-tier… Continue reading Need for New 4-tier Regulations for NBFCs
Author: ForumIAS
Reasons of increasing Palk Bay fishing conflict
Source: The Hindu Gs2: India and its Neighborhood- Relations. Synopsis: The recent death of 4 fishermen resurfaces the unresolved issue of fisheries conflict between India-Sri Lanka at Palk Bay. Background: Recently four fishermen from Tamil Nadu died while fishing in Palk Bay. Tamil Nadu has accused Sri Lankan Navy of that. But, the Sri Lankan… Continue reading Reasons of increasing Palk Bay fishing conflict
World Economic Forum: Need for ‘the Great Reset’ of capitalism
Source: Indian Express GS-2: Important International Institutions, agencies, and fora – their Structure, Mandate Synopsis: WEF’s executive chairman Klaus Schwab is advocating for rearrangement of the global order through “The Great Reset”. India should also take this development seriously and try to limit the potential implications of this possible global reset. Background The WEF’s (World… Continue reading World Economic Forum: Need for ‘the Great Reset’ of capitalism
Decriminalisation of offences under LLP Act
Why in News? The Company Law Committee has recommended decriminalizing 12 offences under the Limited Liability Partnership(LLP) Act. It has also said that LLPs should be allowed to issue non-convertible debentures(NCDs) to raise funds. It will help them in improving the ease of doing business for LLP firms. Facts: Limited Liability Partnership(LLP): It is an… Continue reading Decriminalisation of offences under LLP Act
World Economic Forum(WEF)
World Economic Forum (WEF): It was established by Klaus Schwab in 1971 as a not-for-profit foundation. It was initially named as European Management Forum. Later, it changed its name to the World Economic Forum in 1987. Aim: To improve the state of the world by engaging business, political, academic and other leaders of society to… Continue reading World Economic Forum(WEF)
Global Firepower Index 2021
Why in News? Global Firepower has published the Global Firepower Index (GFP) /Military Strength Ranking 2021. Facts: Global Firepower Index: It ranks each nation’s potential war-making capability across land, sea and air with conventional weapons. Factors: The index is calculated using fifty individual factors such as geography, logistical capability, manpower, land forces, airpower, natural resources,… Continue reading Global Firepower Index 2021
Sunderbans is home to 428 species of birds, says ZSI
Why in News? Zoological Survey of India (ZSI) has released a study titled “Birds of the Sundarban Biosphere Reserve”. The study documents the avifauna of the Sundarbans and also serves as a comprehensive photographic field guide with detailed distribution and locality data for all the species from the region. Sunderbans: Sundarbans is a mangrove area… Continue reading Sunderbans is home to 428 species of birds, says ZSI
Flash droughts in India
Why in News? As per a new study, the number of flash droughts could be increased in India, by the end of this century. Facts: Flash droughts: These droughts occur very quickly due to the rapid depletion of soil moisture. It is different from normal drought conditions, that develop in months, but the flash drought… Continue reading Flash droughts in India
Risa textile of Tripura
Why in News? The Tripura government is planning to promote Risa textile as the signature textile of Tripura nationally. What is Risa textile? The traditional Tripuri female attire comprises three parts — risa, rignai and rikutu. Risa: It is a handwoven cloth used as a female upper garment, and also as headgear, a stole, or… Continue reading Risa textile of Tripura
What is the “Remote Voting Project” by Election Commission of India?
What is the News? As per Election Commission, the remote voting project would be launched soon. What is the Remote Voting Project? A remote voting project will enable a voter to cast his or her franchise from any polling station in the country. It will remove the compulsion on voting only at the polling station,… Continue reading What is the “Remote Voting Project” by Election Commission of India?
