Must Read News Articles – July 9, 2018

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GS 2

9 parties oppose proposal for simultaneous elections

Political parties were divided on the issue of holding simultaneous Lok Sabha and Assembly elections during consultations with the Law Commission of India.

The democratic mandate in Delhi

Last week’s Supreme Court judgment in the Government of the NCT of Delhi has unanimously affirms the principle of an elected representative being vested with the power to administer democratically.

A tale of two economies

With slow growth and Brexit problems, the U.S. and the U.K. have reason to regard India with some envy

Discriminatory practice

There is a gap between the mandated reservation percentage for disabled persons and the actual numbers

GS 3

Fish samples in Chennai test positive for formalin

As many as 11 out of 30 samples of fish species purchased from Chinthadripet and Kasimedu, the two major fish markets in Chennai, on two different days, have tested positive for formalin, a cancer-inducing chemical used illegally to preserve fish.

The tree as an urban coordinate

The idea of an urban tree, one that is outside of a lush forest, does not resonate ecologically as much as a forest or a ‘pristine’ national park. Yet for urban activists protesting for their trees to be saved, the fight is for the tree they can see near their front porch; not one that has been marked for transplantation in unreachable parts of the city.

No one wins

The trade wars have finally begun. After exchanging several threats over the last few months, both the United States and China implemented a tariff of 25% on imports worth $34 billion last Friday.

Six bids to supply 110 fighters for IAF

Six global aircraft manufacturers have responded to a Request for Information (RFI) from the Indian Air Force to supply 110 fighter aircraft. F-16, Gripen, Boeing F-18, Rafale, Eurofighter Typhoon and MiG-35 enter the contest

Centre plans stronger defences for key data

In 2013, cybersecurity, which was the sole preserve of the Home Ministry, was moved to the National Security Council Secretariat (NSCS) under the Prime Minister’s Office. The critical infrastructure was moved to the National Technical Research Organisation and the non-critical part to the Ministry of Electronics and Information Technology.

Govt. taps RBI to track all transactions

In a move aimed at widening the crackdown on black money and following the money trail flowing in and out of thousands of shell companies, the Centre is planning to set up an information technology (IT)-based mechanism to keep a tab on all non-cash, financial transactions in the country.

Get to know currency derivatives

Currency derivatives are considered to be one of the best options to manage any risk against foreign currency exchange rate volatility.