The 55 countries of the Asia-Pacific group at the United Nations has unanimously endorsed India’s candidature for a non-permanent seat on the Security Council for a two-year term in 2021-2022. The development is particularly significant given that Pakistan and China both countries with which India has had diplomatic challenges at the UN has supported the… Continue reading UNSC non-permanent seat: India’s candidature receives unanimous endorsement by Asia-Pacific group
Author: ForumIAS
At Osaka G20 summit, PM Modi to talk global meet on terror
Prime Minister is going for the 2019 G20 Summit to be held in Osaka, Japan.The summit will be the 14th such gathering.The theme of the G20 summit 2019 is human-centred future society. There will be four key sessions at the summit (a)Global Economy:Trade and Investment (b)Innovation in Digital Economy and Artificial Intelligence (c)Addressing Inequalities and… Continue reading At Osaka G20 summit, PM Modi to talk global meet on terror
Centre expands terms of reference of direct tax law body
The Central Board of Direct Taxes (CBDT) has decided to expand the terms of reference for the committee that has been formed to re-write the Direct Tax Code(DTC). The committee will now have to consider five more areas while drafting their recommendation making the total terms of reference nine. The existing terms of reference included… Continue reading Centre expands terms of reference of direct tax law body
Research on Proton Therapy
The Minister of State of Health and Family Welfare has informed Rajya Sabha about the present status of Research on Proton Therapy in India. Proton therapy also called proton beam therapy is a type of radiation therapy.It uses protons rather than x-rays to treat cancer. A proton is a positively charged particle. At high energy,protons… Continue reading Research on Proton Therapy
RBI begins monitoring HFCs
The Reserve Bank of India(RBI) has started monitoring the liquidity position,asset-liability gap and repayment schedules of housing finance companies(HFCs) on a daily basis. The move to monitor HFCs on a daily basis comes after some HFC had gone into liquidity crisis which had resulted in defaults.This crisis had started since the debt default by IL&FS… Continue reading RBI begins monitoring HFCs
Payments data must be saved locally: RBI
The Reserve Bank of India (RBI) has clarified that payment system providers need to store entire payments data in a system only in India. The data should include end-to-end transaction details and information pertaining to payment or settlement transaction that is gathered, transmitted as part of a payment message or instruction. The data could be… Continue reading Payments data must be saved locally: RBI
India and U.S. resolve to work through their trade differences
India and the U.S has said that both countries will resolve their differences through talks which had led to deadlock on trade issues. The two countries had discussion of a host of bilateral and global issues such as (a)purchase of S-400 defence system (b)trade irritants (c)Gulf situation (d)Iran crisis (e)counter-terror partnership and (f)India’s proposed laws… Continue reading India and U.S. resolve to work through their trade differences
NEC to hold plenary session in Guwahati on Aug 3 & 4
Union Home Minister will chair the two-day Plenary meeting of the North Eastern Council (NEC) at Guwahati,Assam. The meeting will be co-chaired by Union Minister for Development of North-Eastern Region and will be attended by the Governors and Chief Ministers of all the eight States of the North Eastern region. North Eastern Council (NEC) was… Continue reading NEC to hold plenary session in Guwahati on Aug 3 & 4
APEDA Organizes buyers-sellers meet
Agricultural & Processed Food Products Export Development Authority (APEDA) in association with North Eastern Regional Agricultural Marketing Corporation(NERAMAC) has organised the International Buyers-Sellers Meet in Imphal,Manipur. APEDA chairman said that India’s total agricultural product exports is valued at 38 billion USD for the financial year 2017-18 out of which 50% is contributed through APEDA’s products.… Continue reading APEDA Organizes buyers-sellers meet
U.S.-China trade war may reduce global growth rate
According to Fitch Ratings,the ongoing U.S.-China trade war escalation could reduce the World GDP growth by 0.4% points till 2020 and possibly lead to the lowest growth since 2009. Trade war is a situation where countries restrict each other’s trade by imposing tariffs or quotas on imports.The United States and China are discussing a trade… Continue reading U.S.-China trade war may reduce global growth rate
