Source: Business Standard Relevance: Resolving problems faced by PSBs Synopsis: Govt cannot keep infusing capital constantly. Hence privatization of PSB’s will be the ideal route. Background: Public sector banks (PSBs) are reported to have written off about Rs 8 trillion worth of loans over the last seven years. It is more than twice the Rs… Continue reading Hope fades for PSBs
For Cairns dispute, international arbitration is not the way forward
Source: Indian Express Relevance: Various dimensions of the Cairn issue Synopsis: The recent move by Cairn to seize India’s sovereign assets has many grey areas of law that need due consideration. Background: Britain’s Cairn Energy Plc has secured an order from a French court authorizing the freezing of 20 Indian government properties in Paris valued at… Continue reading For Cairns dispute, international arbitration is not the way forward
Ministry of Defence (MoD) tenders for six more submarines at $1 billion each
Source – The Business Standard What is the news? The Ministry of Defence has request for proposals for the establishment of an eco-system in India for the indigenization and incentivization of critical submarine technology. Introduction The MoD issued the formal tender under project 75(I) to domestically build six conventional submarines for the Navy at a… Continue reading Ministry of Defence (MoD) tenders for six more submarines at $1 billion each
Govt may hike OBC creamy layer slab
Source: Livemint What is the news? The Union government is considering raising the creamy layer income threshold for other backward classes (OBCs) beyond the current Rs 800,000 per annum. Introduction The Union government is said to be considering raising the barrier to Rs 1.2 million, bringing more people under the OBC reservation who may have… Continue reading Govt may hike OBC creamy layer slab
Pegasus spyware: The stealth with which it infects phones
Source: Business Standard What is the News? India’s name has figured among countries that used Pegasus spyware to potentially target politicians, journalists, and activists. About Pegasus: Pegasus is a type of malicious software or malware classified as a spyware.It has been developed by Israeli security firm NSO Group. Purpose: Pegasus is designed for three main… Continue reading Pegasus spyware: The stealth with which it infects phones
India improves score in ease of cross-border trade
Source – Live Mint Synopsis – India has improved its ease of cross border trade ranking, the overall score is higher than many OECD nations and the average of the EU. Introduction India has made significant progress in the ease of cross-border trade as per the latest UN Global Survey on Digital and Sustainable Trade… Continue reading India improves score in ease of cross-border trade
What the Pegasus surveillance scandal means for Indian democracy?
Source: Indian Express, Indian Express 2, Livemint Relevance: Implication of the Pegasus spyware issue Synopsis: The Pegasus scandal is a matter of grave concern for Indian democracy. Implications and future course of action. Implications of Pegasus spyware issue Allegations against Supreme Court: There are allegations that the phones of the woman who had complained of sexual harassment… Continue reading What the Pegasus surveillance scandal means for Indian democracy?
Progressive drone policy that facilitates regtech
Source: Livemint, Business Standard Relevance: understanding various dimensions of the newly released draft drone rules Synopsis: Most important feature of draft drone rules 2021 is the stress on integrating technology with the regulatory framework (regtech) Regtech One of the most important features of the draft drone rules 2021 is how deeply technology has been integrated… Continue reading Progressive drone policy that facilitates regtech
The role that industry could play in India’s Indo-Pacific outreach
Source: Livemint Relevance: Understanding industry’s role in furthering India’s outreach in Indo-Pacific Synopsis: Industry’s contribution towards bolstering India’s interests in the Indo-pacific in the light of the recently held Indo-pacific business summit. Background The geostrategic relevance of the Indo- Pacific expanse, has gained prominence over the past year. Nations are seeking to expand their engagement… Continue reading The role that industry could play in India’s Indo-Pacific outreach
Accepting radical otherness
Source: The Hindu Relevance: Religious tolerance is essential to preserve and protect Indian diversity. Synopsis: The U.S.-based Pew Research Center’s survey has thrown up an interesting finding on religious tolerance in India. Introduction: Pew Research Center has recently released the results of the survey titled ‘Religion in India: Tolerance and Segregation’. The survey takes a closer… Continue reading Accepting radical otherness
