Indian Statistical Institute submits report on VVPAT to Election Commission

Indian Statistical Institute submits report on VVPAT to Election Commission The Indian Statistical Institute (ISI) has submitted its report to the Election Commission on the number of Voter Verifiable Paper Audit Trail (VVPAT) machine slips that should be matched with Electronic Voting Machine(EVM) results to enhance voters confidence. At present, VVPAT slips in one randomly… Continue reading Indian Statistical Institute submits report on VVPAT to Election Commission

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Govt. earns ₹85,000 crore from disinvestment, overshoots target

Govt. earns ₹85,000 crore from disinvestment, overshoots target Government has achieved disinvestment of Rs 85,000 crore in the current fiscal, which is Rs 5,000 crore more than the set target for 2018-19. The next financial year’s disinvestment target has been set at Rs 90,000 crore. Disinvestment is defined as the action of an organisation (or… Continue reading Govt. earns ₹85,000 crore from disinvestment, overshoots target

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Fitch cuts India GDP growth forecast for FY20 to 6.8%

Fitch cuts India GDP growth forecast for FY20 to 6.8% Global rating agency Fitch has cut its India’s Gross domestic product(GDP) growth forecast to 6.8% for 2019-20 from the earlier estimate of 7%.It was cut due to weak momentum in manufacturing and agriculture. However, it said India’s economic growth is expected to be 7.1% in… Continue reading Fitch cuts India GDP growth forecast for FY20 to 6.8%

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UN rights body grants Sri Lanka two more years to set up war crimes probe

UN rights body grants Sri Lanka two more years to set up war crimes probe The United Nations Human Rights Council (UNHRC)has passed by consensus a resolution to grant Sri Lanka another two years to set up a credible war crimes investigation into the civil war. Further, Tamil national Alliance has demanded the government of… Continue reading UN rights body grants Sri Lanka two more years to set up war crimes probe

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HC stays M.P. govt.’s 27% OBC quota ordinance

HC stays M.P. govt.’s 27% OBC quota ordinance The Madhya Pradesh High court has stayed the state government’s ordinance increasing OBC reservation. Other Backward Class (OBC) is a collective term used by the Government of India to classify castes which are socially and educationally disadvantaged. The ordinance had increased the reservation in government jobs and… Continue reading HC stays M.P. govt.’s 27% OBC quota ordinance

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Supreme Court bats for hit-and-run accident victims

Supreme Court bats for hit-and-run accident victims The Supreme Court has called for a “secured and fool proof” method of distribution compensation to victims of hit and run cases. Recently, the Supreme Court had accepted court appointed committee’s recommendation to increase the minimum compensation for death in a hit-and-run case from the existing Rs 25,000… Continue reading Supreme Court bats for hit-and-run accident victims

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Cyclone Idai: India reaches out to Mozambique

Cyclone Idai: India reaches out to Mozambique The Indian Navy has had launched a Humanitarian Assistance and Disaster Relief (HADR) operation near Port Beira in Mozambique. Mozambique has been hit by widespread flooding and devastation after a tropical cyclone named Idai had made landfall near the port city of Beira. Mozambique is located in Southeast… Continue reading Cyclone Idai: India reaches out to Mozambique

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Forex swap for liquidity has been received well, says RBI Governor

Forex swap for liquidity has been received well, says RBI Governor The Reserve Bank of India’s Governor has said that the market response to the foreign exchange swap arrangement announced by RBI has been received well. Recently,RBI has decided to inject long-term liquidity into the system through foreign exchange swap arrangement.The word swap means exchange.… Continue reading Forex swap for liquidity has been received well, says RBI Governor

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