Rural distress: last year of govt saw highest demand for MNREGA jobs in 8 years

Rural distress: last year of govt saw highest demand for MNREGA jobs in 8 years According to data from Ministry of Rural Development, the demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) had recorded a marked increase in 2018-2019. Up to March 25th2019, the work generated under MGNREGA was 255… Continue reading Rural distress: last year of govt saw highest demand for MNREGA jobs in 8 years

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Eye on Indian Ocean, India-Australia joint naval exercise to begin April 2

Eye on Indian Ocean, India-Australia joint naval exercise to begin April 2 An Australian diplomatic source has said that the third edition of AUSINDEX exercise (Exercise Australia-India) will be held off the coast of Vishakhapatnam from 2nd-16thApril 2019. AUSINDEX is a biennial bilateral maritime exercise between Indian Navy and Royal Australian Navy (RAN). The first… Continue reading Eye on Indian Ocean, India-Australia joint naval exercise to begin April 2

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Focus is now on personal insolvency: Injeti Srinivas

Corporate Affairs Secretary has said that majority of corporate insolvency cases have been resolved and the focus is now on resolving personal insolvency. Insolvency is a term for when an individual or organization can no longer meet its financial obligations with its lender as debts become due.There are different types of insolvency procedure for individuals… Continue reading Focus is now on personal insolvency: Injeti Srinivas

India ranks 76th on WEF’s global Energy Transition index; Sweden on top

India has been ranked 76th out of 115 countries on 2019 Global Energy Transition Index(GETI).The index is released by the World Economic Forum (WEF).It ranks 115 countries on how well they are able to balance energy security and access with environmental sustainability and affordability. India has moved up two places from 78th last year.India is… Continue reading India ranks 76th on WEF’s global Energy Transition index; Sweden on top

Norms soon for regulatory sandbox for fintech sector

Addressing the Fintech conclave,Reserve Bank of India Governor said that RBI will release the guidelines for the creation of a ‘regulatory sandbox’ for the fintech sector. NITI Aayog had organised FinTech Conclave.The objective was to deliberate steps for India’s rise in Financial Technology (FinTech) and to deepen financial inclusion. FinTech or financial technology is an… Continue reading Norms soon for regulatory sandbox for fintech sector

SC to consider AAP govt plea on services

Delhi government has decided to move to the Supreme Court seeking constitution of a larger bench to expeditiously decide the issue of who controls the administrative services in Delhi. Earlier,theSupreme Court had delivered a split verdict on the issue of division of powers between the Delhi government and the Centre over control of services covering… Continue reading SC to consider AAP govt plea on services

Golan Heights belong to Israel:US

US President has signed a proclamation officially recognising Israel’s annexation of the Golan Heights.The latest move reverses the position U.S. administrations have held for more than 50 years. Golan Heights is located in the southwest tip of Syria.It shares a border with Lebanon,Jordan and Israel.Majority of the inhabitants are from Druze faith who are mostly… Continue reading Golan Heights belong to Israel:US

U.S.-China trade war poses the biggest risk to global stability, says IMF official

The International Monetary Fund(IMF) official has said that trade war between the United States and China poses the greatest risk to global stability.The ongoing trade war has affected the flow of billions of dollars of goods between the two countries. Trade war is a situation where countries restrict each other’s trade by imposing tariffs or… Continue reading U.S.-China trade war poses the biggest risk to global stability, says IMF official

No clinical trials in India for new drugs approved in select developed markets

Union Ministry of Health and Family Welfare has issued Drugs and Clinical Trials Rules,2019. The new rules say that new drugs approved for use in the EU,UK,Australia, Japan and the US will be automatically allowed in India provided clinical trials included Indian patients.The move is expected to reduce the time taken by pharma firms to… Continue reading No clinical trials in India for new drugs approved in select developed markets

DRDO satellite that will sniff out enemy radars to be launched on April 1

Indian Space Research Organisation (ISRO) will launch electronic intelligence satellite Emisat of Defence Research and Development Organisation (DRDO) on 1 April 2019.It will be launched along with 28 third party satellites on board of new variant of Polar Satellite Launch Vehicle (PSLV) rocket with four strap-on motors. The 28 international customer satellites are from four… Continue reading DRDO satellite that will sniff out enemy radars to be launched on April 1

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