Author: sumeet kumar

Regulatory Reforms in India- Explained Pointwise

Finance Minister Nirmala Sitharaman recently announced that a high-level committee for regulatory reforms will be set up for a review of all non-financial sector regulations, certifications, licenses, and permissions. The objective of the high-level committee will be to strengthen trust-based economic governance and take transformational measures to enhance ease of doing business, especially in matters… Continue reading Regulatory Reforms in India- Explained Pointwise

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Equalisation Levy

News- The government has proposed the abolition of the 6% Equalisation Levy on online advertising in the Finance Bill 2025. This move will benefit advertisers on digital platforms like Google, X and Meta. About Equalisation Levy The Equalisation Levy was introduced in India through the Finance Act, 2016, to tax digital transactions—specifically, income earned by… Continue reading Equalisation Levy

BHIM 3.0

News- NPCI BHIM Services Ltd. (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), introduced BHIM 3.0. About BHIM (Bharat Interface for Money) It is Unified Payments Interface(UPI) based payment interface application that allows real time fund transfer. It was launched in 2016. Developer: National Payments Corporation of India (NPCI) Purpose: To promote… Continue reading BHIM 3.0

Vikramshila University

News– The government is planning the revival of another ancient center of learning in Bihar—Vikramshila University. About Vikramshila University Location:- It was located in Bhagalpur, Bihar, along the banks of the Ganges River. Founder: It was established by King Dharmapala of the Pala Dynasty in the late 8th to early 9th century AD. It was… Continue reading Vikramshila University

Must Read News Daily Current Affairs Articles, 26th March 2025

About Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers The Hindu newspaper & Indian Express. This saves the time and effort of students in identifying useful and important articles. With newspaper websites requiring a paid subscription beyond a certain number… Continue reading Must Read News Daily Current Affairs Articles, 26th March 2025

Heatwaves in India- Explained Pointwise

The India Meteorological Department (IMD) has warned of another year of extreme heat and above-normal heatwaves. This comes as Delhi recorded its hottest February in 74 years and Mumbai faced two heatwaves even before mid-March. Heatwaves in India are becoming more severe and frequent, posing serious health risks. IMD predicts a rise in maximum temperatures… Continue reading Heatwaves in India- Explained Pointwise

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BAANKNET Portal

News- The government launched the upgraded BAANKNET portal to improve transparency, efficiency, and value realization in PSU banks’ e-auctions of non-performing assets. About BAANKNET portal It is an advanced e-auction portal designed for Public Sector Banks (PSBs) and financial institutions to auction properties for recovering Non-Performing Asset (NPA) loans. Nodal Ministry: Launched under the Ministry… Continue reading BAANKNET Portal

Farakka Barrage

News- Farakka Barrage began operations in 1975, marking its 50th anniversary in 2025. About Farakka Barrage Location: Built on the Ganga River in Murshidabad district, West Bengal, about 18 km from the Bangladesh border. Commissioning: The project construction commenced in 1961 and it became operational on April 21, 1975. Purpose: It diverts 40,000 cusecs of… Continue reading Farakka Barrage

Exercise AIKEYME

News– India is set to enhance its military and maritime cooperation with African nations through two key initiatives—Exercise AIKEYME (Africa-India Key Maritime Engagement) and IOS Sagar (Indian Ocean Ship Sagar). About Exercise AIKEYME Aikeyme marks India’s first-ever multilateral naval exercise with 10 African nations.It  focuses on strengthening maritime collaboration, bolstering maritime security, and tackling regional… Continue reading Exercise AIKEYME

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