Must Read News Articles – June 18th, 2019

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A blinkered understanding of migration

The article discusses about draft Emigration Bill, 2019.

Unleashing the potential of urban India

The Global Metro Monitor 2018 reports that 36% of employment growth and 67% of GDP growth were contributed by the 300 largest global metros, with those in emerging economies outperforming those in advanced economies. The article discusses the ways India could reap the potential of urban India.

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Iran to breach uranium stockpile limit

Iran said on Monday that it would surpass from June 27 its uranium stockpile limit set under the nuclear deal with world powers, turning up the pressure after the U.S. walked away from the pact in 2018.

India to actively curb ‘conflict’ diamonds

India has committed to play an active role to curb the circulation of ‘conflict diamonds’ or ‘blood diamonds’ in the international market by further strengthening the Kimberley Process Certification Scheme (KPCS).

Xi Jinping to visit North Korea ahead of G-20 summit in Japan

Chinese President Xi Jinping will visit North Korea for two days ahead of G-20 Summit in Japan.

Congress move SC challenging EC decision to hold separate by election to Rajya Sabha bypoll

Gujarat Congress leader has moved the Supreme Court challenging the Election Commission’s decision to hold separate bypolls to two Rajya Sabha seats which fell vacant after 2019 Lok Sabha Elections.

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India to host UN meet on land degradation in September

India for the first time will host the 14th session of the Conference of Parties (COP-14) of the United Nations Convention to Combat Desertification (UNCCD) in September 2019

Bitcoin use causing huge CO2 emission, says study

A study has found that the use of Bitcoin — a popular virtual currency — emits over 22 megatonnes of carbon dioxide annually, comparable to the total emissions of cities such as Las Vegas and Vienna

Facebook to unveil new cryptocurrency

Facebook is set to unveil a bid to bring crypto currency payments into the mainstream, reportedly with the endorsement of governments and financial giants.

‘Financial stability is a key theme for monetary policy’

With the liquidity crisis of non-banking finance companies (NBFCs) threatening to spillover to other sectors, Reserve Bank of India (RBI) governor Shaktikanta Das has highlighted the importance of the central bank’s role to maintain financial stability.

Modi likely to meet bank chiefs to discuss roadmap for PSBs

Amid a slowing economy and a crisis in the shadow banking sector, Prime Minister Narendra Modi is likely to meet chief executives of Indian banks on June 21 to chalk out a blueprint for the banking sector for the next five years.

Serious concerns over Bt brinjal

Bt brinjal genetically modified (GM) to resist the brinjal fruit and shoot borer (an insect), was recently found growing illegally in Haryana. There is no evidence that genetically modified brinjal will benefit farmers

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