Author: ForumIAS

PVC pipes: Supreme Court refuses to interfere with NGT fiat News: The Supreme Court has refused to intervene with the National Green Tribunal order to freeze its own directive to publish a warning about hazardous lead content in Polyvinyl Chloride (PVC) pipes. Important Facts Current petition contended that the publishing of the warning would safeguard the… Continue reading PVC pipes: Supreme Court refuses to interfere with NGT fiat

CoC is not proactive enough News: The Chairman of Insolvency and Bankruptcy Board (IBB) of India has observed that the Committee of Creditors (CoC) has not been efficient in implementing the provisions of Insolvency and Bankruptcy Code. Important Facts The Committee of Creditors comprises of both financial and operational creditors. The main function of Committee… Continue reading CoC is not proactive enough

Missed opportunity: on cancellation of Trump-Kim summit News: American President Donald Trump’s abruptly call off his planned June 12 meeting with North Korean leader Kim Jong-un in Singapore. Important Analysis US decision to call off the meeting has dashed hopes of a breakthrough between US and North Korea. It also heightened risks of a confrontation… Continue reading Missed opportunity: on cancellation of Trump-Kim summit

Want to settle all issues in a friendly ambience: Hasina News PM Narendra Modi and Bangladesh PM Ms. Hasina participated in convocation of Visva Bharati University in Santiniketan university and the inauguration of the Bangladesh Bhavana. Important Fact Both the leaders spoke about the contribution of Rabindranth Tagore and how the poet is a shared… Continue reading Want to settle all issues in a friendly ambience: Hasina

Tipping point in West Asia Article Rakesh Sood, a former diplomat, has analyses the reasons for US withdrawal from JCPOA and its impact on west Asia. Important Analysis After Arab Spring, longstanding Israeli-Palestinian conflict is over shadowed by a series of events, both Internal and External. The fight against the Islamic State and its offshoots… Continue reading Tipping point in West Asia

Farmers urged to go for barter system during bandh News: Farmers organizations is planning to adopt barter systemduring the upcoming village shutdownacross the country. Important Facts: Farmers’ organizations across the country have called a 10-day ‘gaon bandh’ (village shutdown) from June 1. The Kisan Ekta Manch and the Kisan Maha Sangh an umbrella body have requested the… Continue reading Farmers urged to go for barter system during bandh

A Blow to Civil Service Ideals Article: Ashok, a retired IAS officer observes that government’s recent proposal for allocation of civil services and cadres violates the law Important analysis: The Civil service Examination (CSE)is conducted by the Union Public Service Commission (UPSC). It is conducted every year in two stages: a preliminary examination and then… Continue reading A Blow to Civil Service Ideals

SEBI MF order spurs changes to schemes News: Mutual fund houses to make changes in their Scheme according to directive from SEBI regarding categorisation and rationalisation of mutual fund schemes. Important Facts: 2. SEBI had issued a directive regarding categorization and rationalization of mutual fund schemes. It defined five categories in which all schemes can… Continue reading SEBI MF order spurs changes to schemes

CAs excluded from fair valuation of start-up News: The Department of Income Tax has given the task of fair valuation of start ups exclusively to Merchant banks. Important Facts: The Income Tax Department has excluded chartered accountants (CAs) from assessing the fair valuation of start-ups. The decision to exclude CAs from assessing the fair valuation… Continue reading CAs excluded from fair valuation of start-up

Blockchain being used in banking, contracts News: With the advent of blockchain technology, companies and banks are able to increase their operational efficiency. Important facts: Trade finance involves complex documentation processes, high transaction costs, high settlement times and low authenticity rates with physical documents. As a result, a bank’s customer needs to face delays, high… Continue reading Blockchain being used in banking, contracts