The Insurance Regulatory and Development Authority of India (IRDAI) will soon allow the use of regulatory sandbox(RS) to promote new, innovative products and processes in the industry. Regulatory sandbox is an infrastructure that helps fintech players live test their products or solutions before getting the necessary regulatory approvals for a mass launch, saving start-up time… Continue reading IRDAI to give green signal to sandbox experiment soon
Author: ForumIAS
Central Waqf Council(CWC)
Union Minority Affairs Minister has inaugurated a national conference of Central Wakf Council(CWC) in New Delhi. The minister said here that the Central Government has set a target to achieve 100% digitisation of Waqf properties across the country in its first 100 days.There are more than 6 lakh registered Waqf properties across the country. The… Continue reading Central Waqf Council(CWC)
India, Myanmar sign MoU on defence co-operation
India and Myanmar has signed a Memorandum of Understanding (MoU) on defence cooperation.The MoU is aimed at enhancing military training, joint surveillance, and maritime security. Indian and Myanmar armies has also carried out two phases of ‘Operation Sunrise’ this year busting camps of insurgent groups in Myanmar. Further,India is also set to hand over Myanmar… Continue reading India, Myanmar sign MoU on defence co-operation
Anti-dumping duty imposed on PTA imports from South Korea,Thailand
The Finance Ministry has imposed anti-dumping duty on all imports of purified terephthalic acid (PTA) from South Korea and Thailand. PTA is the primary raw material in the manufacture of polyester chips, which in turn are used in a number of applications in textile, packaging, furnishings, consumer goods, resins and coatings. Dumping is the practice… Continue reading Anti-dumping duty imposed on PTA imports from South Korea,Thailand
Govt. did not try out GST system before rollout: CAG
Government has tabled the Comptroller and Auditor General(CAG) audit report on the Goods and Services Tax(GST) in the Parliament. The report has said that the government had failed to try out the GST system before its rollout leading to inadequate compliance mechanisms, and lower tax revenues. The report has also pointed out that the complexity… Continue reading Govt. did not try out GST system before rollout: CAG
RBI eases foreign borrowing norms for NBFCs, defaulters
The Reserve Bank of India(RBI) has decided to relax the end-use restrictions relating to external commercial borrowings(ECB). RBI has allowed ECBs with minimum average maturity period of 10 years for working capital purposes and general corporate purposes.It has also permitted borrowing for on-lending by non-banking financial companies(NBFCs) for the 10 year maturity. Further,RBI has also… Continue reading RBI eases foreign borrowing norms for NBFCs, defaulters
India’s fertilizer sector among most energy efficient in world: Report
Centre for Science and Environment(CSE) has released a report titled – ‘Grain by Grain’.The report is the complete assessment of the environmental performance of fertilizer industry in India. The project was undertaken by CSE along with its Green rating project(GRP).The Project had earlier rated the pulp and paper, automobile,chloro-alkali,cement,iron and steel and thermal power sectors.… Continue reading India’s fertilizer sector among most energy efficient in world: Report
Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 30, 2019
Q.1) “Focus on fiscal deficit alone; as an economic management tool is not full proof.” Discuss. Answers Q.2) “Ocean resources in Indian Ocean can boost India’s economic and social progress.” Comment. Answers Q.3) What is difference between 5G and 4G technology? Discuss importance of 5G technology for India? answers Q.4) What is Judicial activism? Critically… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 30, 2019
Must Read News Articles-July 31st 2019
Archives GS-2 Triple Talaq bill sails through Rajya Sabha The Muslim Women (Protection of Rights on Marriage) Bill, 2019, better known as the Triple Talaq Bill, was passed in the Rajya Sabha Too much quota may impact right to equal opportunity: SC The Supreme Court orally remarked that excessive quota may impact the right to… Continue reading Must Read News Articles-July 31st 2019
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