Crucible for civilisation

Crucible for civilisation Context: A recently published paper has revealed that small tools were used nearly 385,000 years ago at Attirampakkam About Attirampakkam: Located close to Madras, it is the site where, in 1863, British geologist and archaeologist Robert Bruce Foote discovered the first Palaeolithic stone tools from India Since then, this site has been… Continue reading Crucible for civilisation

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Boost for women’s cooperatives

Boost for women’s cooperatives Context: Women’s cooperative societies in Rajasthan are expected to get a boost Details: Women’s cooperative societies in Rajasthan will get loans for dairy and animal husbandry works at 5.50% interest rate from cooperative land development banks. The State government intends to bring one million women within the purview of cooperative sector.… Continue reading Boost for women’s cooperatives

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Parliamentary Panel seeks FinMin report

Parliamentary Panel seeks FinMin report Context: Recently, the Parliamentary Standing Committee on Finance has questioned finance ministry officials about the $1.77 billion fraud in the state-owned Punjab National Bank (PNB) and asked them to submit a report on it. Details: The Committee has questioned the recapitalisation process of the state-run banks Members of the Committee… Continue reading Parliamentary Panel seeks FinMin report

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Gem of a scam: On PNB fraud

Gem of a scam: On PNB fraud Context: A regulatory filing to the stock exchanges by Punjab National Bank has blown the lid off a ₹11,500-crore fraud. Introduction: It is the largest such scam in India, it was perpetrated by a maverick diamond merchant in collusion with bank officials at a single branch in South… Continue reading Gem of a scam: On PNB fraud

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Should Supreme Court proceedings be live-streamed?

Should Supreme Court proceedings be live-streamed? Context: The question is whether Supreme Court proceedings should be live-streamed Arguments in favour: It will enable the legal system to deliver on its promise of empowering the masses It is important to make those matters that are of great public importance available for all to see. Example: public… Continue reading Should Supreme Court proceedings be live-streamed?

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Cauvery water dispute: Supreme Court to deliver verdict on February 16

Cauvery water dispute: Supreme Court to deliver verdict on February 16 Context: On 16th February the Supreme Court is expected to give its final verdict on Cauvery water dispute Background: The judgment will be passed on a batch of appeals by the states of Karnataka, Tamil Nadu and Kerala challenging the 2007 award passed by… Continue reading Cauvery water dispute: Supreme Court to deliver verdict on February 16

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Nepal gets new Communist Prime Minister: K P Sharma Oli sworn in for second time

Nepal gets new Communist Prime Minister: K P Sharma Oli sworn in for second time Context: CPN-UML Chairman K.P. Sharma Oli has sworn in as the 41st Prime Minister of Nepal Details: K.P. Sharma Oli has been appointed as the Prime Minister for the second time He was the Prime Minister from October 11, 2015… Continue reading Nepal gets new Communist Prime Minister: K P Sharma Oli sworn in for second time

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Rouhani to push for investment

Rouhani to push for investment Context: Indian investment in Iran, including billions of dollars in connectivity, infrastructure and oil projects topped the agenda as Iranian President Hassan Rouhani arrived for a three-day visit to India. Positive and right track: The two countries are on the same positive, right track. The Chabahar investment project is a… Continue reading Rouhani to push for investment

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