Rivigo launches national freight index

The logistics start-up Rivigo has launched National Freight Index(NFI) that will provide live freight rates for different lanes and vehicles across the country. Freight transport is the physical process of transporting commodities and merchandise goods and cargo. The NFI will offers an aggregated picture of both live rates and historical trends of spot price movements… Continue reading Rivigo launches national freight index

It’s premature to count India out of the RCEP, says Centre

India has said that it would be premature to suggest that India could be left out of the Regional Comprehensive Economic Partnership(RCEP). This statement came after Malaysian Prime Minister had said that he would prefer to go ahead with the RCEP Pact immediately and allow countries such as India, Australia and New Zealand to join… Continue reading It’s premature to count India out of the RCEP, says Centre

RBI’s customer-complaint processing goes digital

The Reserve Bank of India(RBI) has launched a Complaint Management System (CMS).It is a software application to facilitate RBI’s grievance redressal processes. Customers can lodge complaints against any entity regulated by RBI with public interface such as commercial banks, urban cooperative banks,Non-Banking Financial Companies(NBFCs). This system will make sure that every complaint is received and… Continue reading RBI’s customer-complaint processing goes digital

Passports with advanced security features soon

External affairs minister has said that the manufacture of e-passports will be pursued on priority so that a new passport booklet with advanced security features can be rolled out in the near future. The minister also said that the ministry is soon going to have a chip based passport,the software for which has been developed… Continue reading Passports with advanced security features soon

House panel shies away from quantifying black money

The parliamentary panel on finance of the 16th Lok Sabha has submitted its report to the Lok Sabha, The panel has said it is difficult to provide a credible estimate of the black money stashed away overseas by Indians.The panel suggested that black money could be anywhere ranging from 7-120% of the GDP. This massive… Continue reading House panel shies away from quantifying black money

This Word Means: Constructive Vote Of No-confidence

In the debate over simultaneous elections,one question being raised is what happens to the common cycle if any one of these simultaneously elected legislatures is brought down by a no-confidence motion. The ruling BJD in Odisha has proposed constructive vote of no-confidence as a solution.It is followed in Germany.This was also recommended by the Law… Continue reading This Word Means: Constructive Vote Of No-confidence

ILS develops antibodies against Chikungunya infection

The Institute of Life Sciences(ILS) has successfully developed antibodies against the Chikungunya virus(CHIKV) infection. The antibodies were developed following decade-long research on the CHIKV infection at the ILS laboratory. With no prior antibodies reported against CHIKV,the group was the first to develop antibodies against the non-structural proteins – nsP1,nsP3 and nsP4 of CHIKV. This development… Continue reading ILS develops antibodies against Chikungunya infection

Blacklisting Pakistan absolutely a possibility:FATF president

The Financial Action Task Force(FATF) has said that Pakistan could be put on the watchdog’s blacklist if the country fails to fulfill its anti terror action plan. FATF President said that Pakistan has already missed two deadlines and decision in this regard would be taken in October 2019 where Pakistan will be assessed on the… Continue reading Blacklisting Pakistan absolutely a possibility:FATF president

US seeks other ways to stop Iran shy of war

US intelligence and military officers are working on non-military plans to counter Iranian aggression in the Persian Gulf. The goal is to develop operations similar to the cyberattacks which were conducted recently. Cyber Attack is a deliberate attempt by an individual or organization to breach the information system of another individual or organization. The cyber… Continue reading US seeks other ways to stop Iran shy of war

Bombay HC notice to newly-appointed Cabinet ministers

The Bombay High Court has issued notices to the ministers who were appointed in the Maharashtra cabinet on a plea challenging their appointment. The petitioner has said that they were appointed ministers despite the fact that they are disqualified on the ground of defection as per Schedule X and Article 191(2) of the Indian Constitution.… Continue reading Bombay HC notice to newly-appointed Cabinet ministers

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