What is the News? The Supreme Court has set aside the observations in the Madras High Court’s order, which said that the reservation for Economically Weaker Sections(EWS) in the NEET-All India Quota can be implemented only with the approval of the Supreme Court. Background Recently, the Government of India had announced a 27% reservation for… Continue reading Supreme Court sets aside Madras High Court remarks on EWS quota
Author: Abdul
RBI permits lenders to sell fraud loans to ARCs, paves way for resolution
What is the News? The Reserve Bank of India(RBI) has permitted lenders to transfer the loans that have been classified as fraud to asset reconstruction companies(ARCs). What is the current procedure? Currently, RBI norms require banks to make 100% provisions for the entire amount classified as fraud. Note: As per RBI’s annual report, lenders have… Continue reading RBI permits lenders to sell fraud loans to ARCs, paves way for resolution
China says all crypto-related transactions are illegal
What is the News? China has said that all crypto currency transactions in China, including transactions using Bitcoin, will be deemed illegal. China and Cryptocurrency China has been one of the world’s largest crypto-currency markets.This is despite the fact that trading in crypto-currency has officially been banned in China since 2019. However, the recent announcement… Continue reading China says all crypto-related transactions are illegal
Centre, States outline plans to stem pollution
What is the News? The Union Environment Ministry has convened a meeting with representatives from Delhi and neighbouring States that see pollution levels soar during winter. Background Delhi and other neighbouring States see pollution levels rise during winter. The reasons for the pollution levels rise include meteorological conditions that exacerbate pollution, emissions from vehicles, thermal… Continue reading Centre, States outline plans to stem pollution
SC introduces FASTER system to send records
What is the News? The Supreme Court has approved the use of an electronic system named FASTER (Fast and Secured Transmission of Electronic Records) for the transmission of e-authenticated copies of orders. What is a FASTER System? FASTER is a system by which crucial decisions including orders on bail and stay of arrest can be… Continue reading SC introduces FASTER system to send records
Three IITs among world’s top 200 in QS Graduate Employability Rankings 2022
What is the News? The QS Graduate Employability Rankings 2022 has been released. About QS Graduate Employability Rankings QS Graduate Employability Rankings is released by global higher education analysts Quacquarelli Symonds(QS). Purpose: It is an innovative exercise designed to provide the world’s students with a unique tool by which they can compare university performance in… Continue reading Three IITs among world’s top 200 in QS Graduate Employability Rankings 2022
Supreme Court move to set up a panel to probe Pegasus is a vital and welcome step
What is the News? The Supreme Court has observed orally that it will set up a technical expert committee to inquire into the Pegasus snooping matter and pass an interim order next week. Background A collaborative journalism enterprise reported by The Wire in India has revealed that pegasus spyware developed by Israeli firm NSO Group… Continue reading Supreme Court move to set up a panel to probe Pegasus is a vital and welcome step
₹7,523-cr. order for Arjun Mk-1A tanks
What is the News? The Ministry of Defence(MoD) has placed an order with Heavy Vehicles Factory (HVF), Chennai for the supply of 118 Main Battle Tanks (MBTs) Arjun Mk-1A for the Indian Army. What is Arjun Mk-1A? The development of Arjun Tank was started by the Defence Research and Development Organisation (DRDO) in the late… Continue reading ₹7,523-cr. order for Arjun Mk-1A tanks
Now, insulin can be kept without refrigeration
What is the News? A team of scientists from Kolkata have developed a “thermostable” variety of insulin named “Insulock” which eliminates the need to keep it refrigerated. What is Insulin? Insulin is a hormone that helps control the body’s blood sugar level and metabolism — the process that turns the food you eat into energy.… Continue reading Now, insulin can be kept without refrigeration
Government e Marketplace bags prestigious CIPS Award
What is the News? Government e-Marketplace (GeM) was announced as the winner in the “Best Use of Digital Technology” category at the CIPS Excellence in Procurement Awards 2021 (CIPS Awards). What is CIPS Excellence in Procurement Awards 2021? CIPS Excellence in Procurement Awards 2021 is given by the London based Chartered Institute of Procurement &… Continue reading Government e Marketplace bags prestigious CIPS Award
