Category: Test 1

How India and Japan are enhancing their strategic relationship

How India and Japan are enhancing their strategic relationship Key Milestones in India-Japan relationship India-Japan bilateral ties gained momentum with Suzuki Motor Corporation’s investment in India in the early 1980s that revolutionized the automobile sector. In 2011, the bilateral economic ties between India and Japan got a boost the India-Japan Comprehensive Economic Partnership Agreement (CEPA)… Continue reading How India and Japan are enhancing their strategic relationship

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Medical Devices Promotion Council to be set up, says Suresh Prabhu

Medical Devices Promotion Council to be set up, says Suresh Prabhu  News: The government has recently announced the setting up of a National Medical Devices Promotion Council (NMDPC) under the Department of Industrial Policy and Promotion (DIPP). Important Facts: The proposed council will be headed by Secretary, DIPP. Apart from the concerned departments of Government… Continue reading Medical Devices Promotion Council to be set up, says Suresh Prabhu

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Ireland passes Bill to legalise abortion following May referendum

Ireland passes Bill to legalise abortion following May referendum News Ireland has passed a bill to legalise abortion following a referendum in May 2018 Important facts The new abortion law has been named “Savita Law” after Savita Halappanavar who had died in 2012 after being refused abortion due to prevailing laws. The bill allows for… Continue reading Ireland passes Bill to legalise abortion following May referendum

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Telecom tribunal sets aside TRAI’s predatory pricing rule 

Telecom tribunal sets aside TRAI’s predatory pricing rule  News: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has rejected Telecom Regulatory Authority of India’s (TRAI) rule on Predatory Pricing. Important facts: What is Predatory Pricing? Predatory Pricing is the practice of a firm selling a product at very low price with the intention of driving competitors out of… Continue reading Telecom tribunal sets aside TRAI’s predatory pricing rule 

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How side pocketing affects mutual fund houses, investors

How side pocketing affects mutual fund houses, investors News: The Securities and Exchange Board of India (Sebi) has allowed mutual fund schemes the option of ‘side-pocketing’ which will help both fund houses and investors. Important facts: What is side pocketing? It is an accounting method used for segregating bad or illiquid assets from the healthier or… Continue reading How side pocketing affects mutual fund houses, investors

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Come June, industries must pay for using groundwater

Come June, industries must pay for using groundwater News: The Central Ground Water Authority (CGWA) has introduced a water conservation fee (WCF) for the first in the recently notified Revised Guidelines for Ground Water Extraction. Central Ground Water Authority (CGWA): It has been constituted under the Environment (Protection) Act of 1986 It has been mandated… Continue reading Come June, industries must pay for using groundwater

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Scientists clone hybrid rice seeds in breakthrough that could cut costs for farmers

Scientists clone hybrid rice seeds in breakthrough that could cut costs for farmers News: According to research published in the journal Nature, scientists in the US and France have successfully created a hybrid variety of Rice Japonica so that some plants produce cloned seeds. Important Facts What are hybrid seeds? A hybrid seed is created by crossing… Continue reading Scientists clone hybrid rice seeds in breakthrough that could cut costs for farmers

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