Commerce and industry minister has said that the government would not allow multi-brand retail trade by foreign e-commerce companies. In 2018,Department for Promotion of Industry and Internal Trade (DPIIT) had tightened the foreign direct investment (FDI) rules for ecommerce companies The new rules were (a)If an entity is owned by an e-commerce marketplace(ECM),it cannot sell… Continue reading Won’t allow FDI in multi-brand retail, predatory pricing: Goyal
SEBI allows futures on commodity indices
The Securities and Exchange Board of India (SEBI) has permitted stock exchanges with commodity derivative segment to introduce futures on commodity indices. The stock exchanges willing to start trading in futures on commodity indices are required to take prior approval for launching such contracts. SEBI has also directed the stock exchanges to submit proposal with… Continue reading SEBI allows futures on commodity indices
Grey wolf from India killed in Bangladesh
The first Indian grey wolf which was seen in Bangladesh in the eight decades has been beaten to death by farmers after preying on their livestock. The Indian wolf (Canis lupus pallipes) is a subspecies of grey wolf that ranges from Southwest Asia to the Indian Subcontinent. It is intermediate in size between the Tibetan… Continue reading Grey wolf from India killed in Bangladesh
Forest Rights Act Case: What is at stake?
There were protests in districts with sizeable tribal populations. The protests took place over two issues- a) proposed amendments to the Indian Forest Act (IFA), 1927, and b) a Forest Rights Act (FRA) case that will be heard in the Supreme Court. In February 2019, the Supreme court had ordered the eviction of more than… Continue reading Forest Rights Act Case: What is at stake?
Must Read News Articles – June 20th, 2019
Archives GS-1 UP site expected to get national importance tag Sadikpur Sinauli in Uttar Pradesh’s Baghpat district could be declared a site of national importance soon. GS-2 State department reiterates Trump’s ‘fair and reciprocal trade’ message for India The State Department has reacted to India’s announcement of retaliatory tariffs on certain U.S. imports, reiterating U.S.… Continue reading Must Read News Articles – June 20th, 2019
9 PM Current Affairs Brief – June 19, 2019
Download the compilation of all summaries of all the news Articles here RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra A Reserve Bank of India (RBI) expert committee tasked with reviewing the current framework for the micro, small and medium enterprises (MSMEs) has submitted its report. The panel has recommended doubling… Continue reading 9 PM Current Affairs Brief – June 19, 2019
Uptick for India on sanitation in UN report
United Nations Children’s Fund (UNICEF) and the World Health Organization (WHO) has recently released, a Joint Monitoring Programme report titled, “Progress on drinking water, sanitation and hygiene: 2000-2017: Special focus on inequalities”. According to the report, India has made significant progress in providing basic sanitation facilities since 2000. India accounts for two thirds of the… Continue reading Uptick for India on sanitation in UN report
RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra
A Reserve Bank of India(RBI) expert committee tasked with reviewing the current framework for the micro,small and medium enterprises (MSMEs) has submitted its report. The panel has recommended doubling the cap on collateral-free loans to Rs 20 lakh from the current Rs 10 lakh.This will be extended to borrowers falling under the Mudra scheme,self-help groups… Continue reading RBI panel on MSMEs suggests Rs 20 lakh collateral-free loan under Mudra
Countries reducing n-warheads but modernising arsenals: report
The Stockholm International Peace Research Institute (SIPRI) has released the findings of SIPRI Yearbook 2019.The report assesses the current state of armaments, disarmament and international security. The report has found that the worldwide total of nuclear warheads has decreased since 2018 but countries are modernising their nuclear arsenals. The report says that at the start… Continue reading Countries reducing n-warheads but modernising arsenals: report
Virtual biopsy device can non-invasively detect skin tumours
Recently,researchers from the United States have developed a ‘virtual biopsy’ device. The virtual biopsy device can quickly and non-invasively determine whether a skin tumour is cancerous and needs to be removed surgically. Currently,doctors who perform surgical biopsies often do not know the extent of a tumour and whether it will be necessary to refer the… Continue reading Virtual biopsy device can non-invasively detect skin tumours
