Author: ForumIAS

7 PM I Case of Aravalli destruction | 9 March, 2019

Recently Supreme Court has warned Haryana Government from allowing anything which may harm Aravalli. Court warned government due to a Bill passed by the Haryana Assembly on February 27, which looks for opening up the Aravallis to non-forest activity and seeking to legitimise past constructions. A timeline of Supreme Court Orders regarding mining in Aravalli… Continue reading 7 PM I Case of Aravalli destruction | 9 March, 2019

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Only 3.32 lakh MSME jobs created in last four years, finds CII survey

According to the report on ‘Survey on Jobs Creation and Outlook in MSME Sector’ Micro,Small and Medium Enterprises(MSMEs) sector  was the largest job creator amongst all the sectors in the last four years. The sectors which created employment were (a)hospitality (b)tourism, (c)textiles and apparel (d)metal products (e)Machinery parts (f)transport and (g)logistics.Further,states which created large number… Continue reading Only 3.32 lakh MSME jobs created in last four years, finds CII survey

Cancer drugs 87% cheaper after trade margin cap

Cancer drugs 87% cheaper after trade margin cap Government has announced that maximum retail price(MRP) of 390 non-scheduled cancer medicines have been reduced by up to 87% Earlier,National Pharmaceutical Pricing Authority (NPPA) had invoked powers under Drugs (Prices Control) Order, 2013 and brought 42 non-scheduled anti-cancer drugs under price control by capping trade margin at… Continue reading Cancer drugs 87% cheaper after trade margin cap

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SBI links savings account, short term loan rates to repo rate

SBI links savings account, short term loan rates to repo rate State Bank of India (SBI) has decided to link its interest rate on savings account with balance above ₹1 lakh and short-term loans to Reserve Bank of India’s (RBI) repo rate. Repo stands for ‘Repurchasing Option’.It refers to the rate at which commercial banks… Continue reading SBI links savings account, short term loan rates to repo rate

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Taliban denies discussing ceasefire with the U.S

Taliban denies discussing ceasefire with the U.S Taliban has denied that it has been discussing a ceasefire and reconciliation with the Afghanistan government during meeting with the US in Doha,Qatar. Taliban and US are currently focusing on four key issues that are going to decide any future agreement and the issues are (a)counterterrorism (b)troop withdrawal… Continue reading Taliban denies discussing ceasefire with the U.S

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China plans new foreign investment law

China plans new foreign investment law China has proposed a draft bill on foreign investment to address US concerns amid the ongoing talks on trade deal with the United States. The bill addresses key concerns of foreign investors, such as (a)intellectual property rights (IPRs) protection and (b)market access (c)Technology transfer and (d)unfair competition. The draft… Continue reading China plans new foreign investment law

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SC appoints 3 member panel to mediate in Ayodhya dispute

SC appoints 3 member panel to mediate in Ayodhya dispute The Supreme Court has referred the Ayodhya case for mediation. The Ayodhya case pertains to the Ram Janmabhoomi-Babri Masjid land dispute The court has formed a three-member panel which will meet all the stakeholders in the Ayodhya dispute case for mediation. The panel is headed… Continue reading SC appoints 3 member panel to mediate in Ayodhya dispute

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