Cryptocurrency in India – Lessons from other Countries

Synopsis: No legal classification of cryptocurrency in India should not be the reason for its ban. There are some international examples, from where India can adopt some ways to deal with Cryptocurrencies. Contents1 Introduction 2 How has India responded to the crypto business so far?3 What are the lessons that India could learn from other countries?4… Continue reading Cryptocurrency in India – Lessons from other Countries

Why Record FDI Inflow is Not a Cause for Celebration?

Synopsis: The record level of FDI inflows in India for the year 2020-21 does not match the development priorities of the government. Background In a recent press release, the Ministry of Commerce and Industry announced that India has attracted the highest ever total FDI inflow (U.S.$81.72 billion) during the financial year 2020-21. This is 10… Continue reading Why Record FDI Inflow is Not a Cause for Celebration?

The SC ordered the closure of Italian Marines case in India

Synopsis – What is the case of the Italian Marines, what was the conflict between India and Italy over the issue and the possible reason of delay in prosecuting the matter. Contents1 Introduction –2 What was the dispute over the Italian Marines case?3 International tribunal’s ruling-4 Way forward- Introduction – After Italy deposited Rs 10… Continue reading The SC ordered the closure of Italian Marines case in India

Must Read Current Affairs Articles – June 18th, 2021

Good Morning dear reader We are posting Today’s Must Read Current Affairs Articles below: About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves… Continue reading Must Read Current Affairs Articles – June 18th, 2021

9 PM Daily Current Affairs Brief – June 17, 2021

Good evening dear reader Here is our 9pm current affairs brief for you today Contents1 The SC ordered the closure of Italian Marines case in India2 Why Record FDI Inflow is Not a Cause for Celebration?3 Cryptocurrency in India – Lessons from other Countries4 Energy Efficient homes are key to low Carbon Economy5 Protecting the… Continue reading 9 PM Daily Current Affairs Brief – June 17, 2021

RBI’s proposal for regulation of the Microfinance sector- Explained, pointwise

Introduction Recently, the Reserve Bank of India has released a Consultative Document on Regulation of Microfinance sector. The document aimed to address the concerns related to the over-indebtedness of microfinance borrowers and empowering them. The document proposes that there should be no prepayment penalty and collateral for all microfinance loans. The introduction of regulation is… Continue reading RBI’s proposal for regulation of the Microfinance sector- Explained, pointwise

Great Power Summit Held Between US and Russian President

Contents1 2 What is the News?3 Key Discussions during the summit:4 About New START (Strategic Arms Reduction Treaty): What is the News? U.S President and Russian President have concluded their Great Power summit meeting in Geneva, Switzerland. Key Discussions during the summit: Return of Ambassadors: The US and Russia will return their Ambassadors to their… Continue reading Great Power Summit Held Between US and Russian President

“Safe Harbour Protection” for Twitter Withdrawn

What is the News? According to the Ministry of Electronics and Information Technology(MeitY), Twitter has failed to comply with the Information Technology (IT) Rules, 2021. This means the “Safe Harbour” Protection under Section 79 of the Information Technology (IT) Act is withdrawn for Twitter. What is “Safe Harbour” Protection under Section 79  of IT Act?… Continue reading “Safe Harbour Protection” for Twitter Withdrawn

China successfully launched “Shenzhou-12” manned spaceship

What is the News? China has launched the Long March 2F rocket transporting the Shenzhou-12 or Divine Vessel. About Shenzhou-12 or Divine Vessel: Shenzhou-12 is a manned mission. It is the third of the 11 missions that needed to complete China’s first Permanent space station, named Tiangong Space Station. Among these missions, four will be… Continue reading China successfully launched “Shenzhou-12” manned spaceship

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