Author: ForumIAS

China outbids India for stake in DSE Context: Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium What has happened? The Dhaka Stock Exchange on February 10th had approved the Chinese offer to buy a quarter of the bourse’s 1.8 billion shares Bangladesh’s financial regulator has asked it… Continue reading China outbids India for stake in DSE

Indian H-4 entrepreneurs in limbo as the U.S. rethinks visa rules Context: The Trump administration said in December 2017 that it was considering the discontinuation of work authorisation for H-4 visa holders, which may impact thousands of Indians Job authorisation: By providing the possibility of employment authorisation to certain H-4 dependent spouses, the rule will… Continue reading Indian H-4 entrepreneurs in limbo as the U.S. rethinks visa rules

Ask Myanmar to take back Rohingya: Hasina Context: Bangladesh’s Prime Minister has said that India should put pressure on Myanmar to take back the Rohingya refugees in Bangladesh Details: Bangladesh Prime Minister has said that India should be more assertive so that the Rohingya can return to Myanmar She also said that her government has… Continue reading Ask Myanmar to take back Rohingya: Hasina

Maldives on a collision course with India Context: When India had sent a message asking the government not to extend the state of emergency, the Maldives has set for a collision course with India, as a parliamentary committee voted to extend the state of emergency by 30 days, defying India’s expectation. Emergency rule defying the… Continue reading Maldives on a collision course with India

‘China quietly holding talks with Baloch militants for CPEC’ Context: According to a media report, China has been quietly holding talks with Baloch militants in Pakistan’s restive Baluchistan province for over five years to protect its $60 billion China-Pakistan Economic Corridor initiative. What is the issue? The China-Pakistan Economic Corridor (CPEC) passes through Pakistan-occupied Kashmir… Continue reading ‘China quietly holding talks with Baloch militants for CPEC’

‘China deploys warships in Indian Ocean’ Context: According to a Chinese website, a Chinese naval contingent has been deployed in the East Indian Ocean What is in news? According to the report, the Blue 2018A fleet of the Chinese Navy has been training in the East Indian Ocean for a ‘week or so’ The website… Continue reading ‘China deploys warships in Indian Ocean’

Meet Avani, first Indian woman to fly a fighter aircraft solo Context: Flying Officer Avani Chaturvedi has become the first Indian woman to fly a fighter aircraft solo Details: She flew a MiG-21 Bison She undertook the sortie from IAF’s Jamnagar base Three women pilots — Ms. Chaturvedi, Bhawana Kanth and Mohana Singh — had… Continue reading Meet Avani, first Indian woman to fly a fighter aircraft solo

Magnificent launch Context: On February 7, U.S. tech and automobiles billionaire Elon Musk made history when the Falcon Heavy, the world’s most powerful rocket, was successfully launched by SpaceX About Falcon Heavy: The Falcon Heavy is a large cargo-lifting rocket developed by private spaceflight company SpaceX The rocket lifted from Kennedy Space Center (KSC) in… Continue reading Magnificent launch

‘Niti Aayog working on new list of sick PSUs’ Context : CEO Amitabh Kant has said that NITI Aayog has been working on a new list of sick and loss making Public Sector Units (PSUs) that could be privatised Details: NITI Aayog has already given recommendations with regard to strategic disinvestment of 40 PSUs. Department… Continue reading ‘Niti Aayog working on new list of sick PSUs’

RBI: inflation could spur shift in stance Context: RBI Governor Urjit Patel observed that consumer price inflation was the main yardstick to determine policy rates. Why in news? The Monetary Policy Committee of the Reserve Bank of India (RBI) could shift from its current ‘neutral’ policy stance to a ‘withdrawal of accommodation’ stance if headline… Continue reading RBI: inflation could spur shift in stance