Newspaper analysis from The Hindu bearing
relevance to Civil Services preparation
Front Page/National
- India must utilise post-sanctions Iran opportunities: Zarif: India must take advantage of new economic opportunities that will arise once sanctions on Iran are lifted, visiting Iranian Foreign Minister Javad Zarif said here on Friday.“India has been a friend of Iran in difficult times, and we don’t forget that,” Mr. Zarif told reporters, referring to India’s rejection of western sanctions on oil imports over the past decades. In particular, Mr. Zarif said India should invest in Iranian infrastructure particularly, railway construction, while Iran would look at oil investments in India as well.
Opinion/Editorial
- Just suggestions junked: The High Committee headed by Mr. Subramanian was tasked with reviewing six environmental statutes namely, Environment (Protection) Act, 1986; Forest (Conservation) Act, 1980; Wildlife (Protection) Act, 1972; Water (Prevention and Control of Pollution) Act, 1974; Air (Prevention and Control of Pollution) Act, 1981; and The Indian Forests Act, 1927. The task before the Committee was to align the relevant current statutes with ground realities and provide suggestions for the necessary improvements/amendments to the existing laws.
- Calculated devaluation: When China sneezes, the world catches a cold. In a surprise action that set off shock waves across the globe and led to the currencies of many a nation taking a tumble, the People’s Bank of China cut its daily yuan reference rate by 1.9 per cent on Tuesday. Even before the rest of the world could come to terms with the unexpected devaluation, Beijing made a further 1.6 per cent cut the very next day.
Economy/Business
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