The Union Cabinet has approved the DNA Technology (Use and Application) Regulation Bill,2019. DNA (deoxyribonucleic acid) is the molecule that contains the genetic instructions and can be extracted from samples of blood,tissue,hair and bodily fluids.Outside of identical twins,no two people have the same DNA pattern. The bill had been tabled earlier this year and was… Continue reading Union Cabinet clears fresh DNA profiling bill
Author: ForumIAS
IAF contingent flies to France to participate in Ex-Garuda VI
The Indian Air Force contingent with its aircraft has left for France to participate in bilateral air exercise between Indian and French Air Force named Exercise ‘Garuda-VI’. This is the sixth edition of Exercise Garuda and is being planned at Mont-de-Marsan,French Air Force Base.The last exercise,‘Garuda V’ was held at Air Force Station Jodhpur in… Continue reading IAF contingent flies to France to participate in Ex-Garuda VI
Sinha-led panel proposes ₹5,000 crore stressed asset fund for MSMEs
A Reserve Bank of India(RBI) expert committee tasked with reviewing the current framework for the micro,small and medium enterprises (MSMEs) has submitted its report. The committee has recommended a ₹5,000 crore distressed asset fund for micro,small and medium enterprises (MSMEs). The fund will assist units in a cluster where there is a change in the… Continue reading Sinha-led panel proposes ₹5,000 crore stressed asset fund for MSMEs
Council of Europe restores Russia′s voting rights
The Parliamentary Assembly of the Council of Europe has voted in favor of restoring Russia’s voting rights five years after they were revoked over its illegal annexation of the Crimean Peninsula. The move paves the way for Russia to participate in the election of a new secretary general for the pan-European rights body. Russia was… Continue reading Council of Europe restores Russia′s voting rights
Trade, anti-missile deal, other sticky issues on plate during Pompeo-Jaishankar talks
United States Secretary of State has arrived in India for his interaction with the Indian Government. The two countries will discuss the US opposition to India’s $5 billion deal for acquiring S-400 missile system from Russia. The US wants India to cancel the deal citing a US Countering America’s Adversaries through Sanctions Act(CAATSA) that imposes… Continue reading Trade, anti-missile deal, other sticky issues on plate during Pompeo-Jaishankar talks
Gross NPAs of banks may shrink to 8 per cent by March 2020: Crisil
According to the Crisil report,public sector banks which account for over 80% of the non-performing assets(NPAs) could see the gross NPAs decreased to 10.6% by March 2020 from a peak of 14.6% in March 2018. The reason attributed to this downfall in the NPAs were highlighted as higher recoveries and slowdown. The Gross NPAs within… Continue reading Gross NPAs of banks may shrink to 8 per cent by March 2020: Crisil
RBI union moots collegium to select governors, deputy governors
The RBI union has proposed a Collegium of experts to appoint governors and deputy governors to ensure central bank autonomy and independence. The collegium should comprise former RBI governors,other prominent central bankers and economists. The recent resignation of the RBI deputy governor at least six months before his term expired is the trigger for mooting… Continue reading RBI union moots collegium to select governors, deputy governors
Bank NPA
Union Minister of Finance informed Lok Sabha about the present state of Bank Non Performing assets(NPA) in India. The minister said that as per RBI provisional data on global operations, the aggregate amount of gross NPAs of Public sector banks(PSBs) and Scheduled Commercial Banks(SCBs) till 31st March,2019 were Rs.8 lakh crore and Rs. 9.5 lakh… Continue reading Bank NPA
NGOs for promotion of road safety
Union minister has informed that Ministry of Road Transport and Highways has launched a scheme for grant of financial assistance to NGOs for administering Road Safety Advocacy in the last FY 2017-18. Under this Scheme,proposals for road safety advocacy programmes through 203 different Non-Governmental Organisations(NGOs)/Trusts/ Cooperative Societies have been sanctioned in FY 2017-18. As per… Continue reading NGOs for promotion of road safety
ICMR scientists identify new biomarker for malaria
A team of researchers from Indian Council of Medical Research(ICMR) has identified a new biomarker in the body called as glutamate dehydrogenase of malaria parasite. This promises to help develop a more sensitive diagnostic test for the malaria disease. Currently,tests used for diagnosing malaria are based on a gene,Histidine-rich Protein 2(HRP2) replete with amino acid… Continue reading ICMR scientists identify new biomarker for malaria
