IMF report flags several delays in India’s data reporting

According to the International monetary fund(IMF) “Annual Observance Report of the Special Data Dissemination Standard for 2018”,India has failed to comply with multiple requirements prescribed in the Special Data Dissemination Standard (SDDS). The IMF launched the SDDS initiative in 1996 to guide members to enhance data transparency and help financial market participants with adequate information… Continue reading IMF report flags several delays in India’s data reporting

Modi, Trump to meet: Kashmir and trade will be on table

Indian Prime Minister will meet US President on the sidelines of the G-7 Summit in France. The two leaders are expected to hold talks to resolve the differences over trade and investment. India and the United States has differences over issues such as trade imbalance between India and the US.India’s exports to the U.S. in… Continue reading Modi, Trump to meet: Kashmir and trade will be on table

India hoping for Iran deal, Russia’s inclusion in G7

The Group of Seven(G7) summit is being held in Biarritz,France.The summit will discuss issues such as (a)global free trade (b) environment (c) climate change (d) digital economy among others. However,India would be interested in two other issues which are (a) Relations between Iran and US and (b) Inclusion of Russia in the G7 group. The… Continue reading India hoping for Iran deal, Russia’s inclusion in G7

CVC sets up panel to probe bank fraud

The Central Vigilance Commission(CVC) has constituted Advisory Board for Banking Frauds (ABBF).The four-member board will be headed by former Vigilance Commissioner T M Bhasin. The board will function as the first level of examination of all large fraud cases before recommendations or references are made to the investigative agencies by the respective Public Sector Banks.  … Continue reading CVC sets up panel to probe bank fraud

Over 2 lakh bio-toilets installed in 60,906 train coaches of Indian Railways

Ministry of Railways has said that over 2 lakh bio-toilets have been installed in train coaches of Indian Railways. “Bio-Toilet project” of Indian Railways is an innovative & indigenous development of technology.The project is aligned with ‘Swachh Bharat Mission’. The technology for Bio-toilets has been designed and ‘Made in India’.It has been developed jointly by… Continue reading Over 2 lakh bio-toilets installed in 60,906 train coaches of Indian Railways

Manmohan Singh set to lose SPG cover

The Central Government has withdrawn Special Protection Group(SPG) cover for former Prime Minister Manmohan Singh. Special protection group(SPG) was set up in 1985 after the assassination of former prime minister Indira Gandhi as an executive body on the recommendation of Birbal Nath committee.Later on it became a statutory body under Special Protection Group Act,1988. SPG… Continue reading Manmohan Singh set to lose SPG cover

Modi, Johnson agree to step up bilateral cooperation

Indian Prime Minister has met the UK Prime minister at the sidelines of G-7 summit being held in Biarritz,France.  The two leaders discussed ways to strengthen bilateral cooperation in trade, defence and security. This meeting came against the backdrop of the Indian government revoking the special status to Jammu and Kashmir and bifurcating the state… Continue reading Modi, Johnson agree to step up bilateral cooperation

FM’s announcement may help revive investor confidence, boost markets

Finance minister had announced a number of economic measures to revive economic growth through fiscal stimulus. These measures were announced in the backdrop of (a)domestic and global growth concerns (b)weakening demand for India companies and (c)the threat of escalation of tariff war between US and China. The steps announced were such as (a)removing enhanced surcharge… Continue reading FM’s announcement may help revive investor confidence, boost markets

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 24, 2019

Q.1) “No first use policy of India is based upon the idea of minimum deterrence and non-proliferation of nuclear weapons.” In light of this discuss the need of revisit to India’s No first use policy. Answers Q.2) “Russia’s far-east region is economically and strategically important for India to counter China in the region.” Comment. Answers… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 24, 2019

Must Read News Articles-August 26th 2019

GS-2 Manmohan Singh set to lose SPG Cover The Narendra Modi government is likely to withdraw the Special Protection Group (SPG) from former Prime Minister Manmohan Singh’s security detail shortly Rifts emerge as G7 summit kicks off The G7 gathering is taking place against a backdrop of worries about a global economic downturn and coincides… Continue reading Must Read News Articles-August 26th 2019

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