Newspaper Must Read Articles of The Day– 14 Septemer 2015
Newspaper articles bearing
relevance to Civil Services preparation
- U.N. reforms process reaches crucial stage today: petition – The article look into the 0pposition that can come in way of expansion of United Nation Security Council (UNSC) and different ways that Indian and other countries that are looking for permanent seat in UNSC can tackle these oppositions.
- ‘India-Sri Lanka trade pact not on agenda’ – Comprehensive Economic Partnership Agreement (CEPA) had been talked about for long and there were expectations in 2012 that the pact would be signed soon. This was later put in cold box but with PM Modi visit to Sri Lanka six months ago the debates were renewed. Sri Lankan government on Sunday made it clear that the Comprehensive Economic Partnership Agreement (CEPA) would not be signed during the visit
- Falling interest rates: a concern for depositors – Falling interest rates on bank deposits raises livelihood concerns for those having no other means to support them. Even for those who do not face an immediate threat — such as those who are in employment now — falling deposit interest rates is still a concern. The article looks into this concern
- Jayant Sinha pitches for lower rates, making exports more competitive – Minister of State for Finance Jayant Sinha has urged the Reserve Bank of India (RBI) should take into account various factors, including low inflation, while deciding on monetary policy stance. He also stressed on the need to make the exports more competitive by bringing down the cost of capital as also the cost of manufacturing thereby making a case for lowering interest rates.
- ‘Aerobic’ rice cultivation reduces water usage – The newly upcoming approach of rice cultivation called aerobic (oxygen in plenty in soil) rice cultivation reduces water use in rice production and increases the water use efficiency. The article looks into different aspects of aerobic cultivation and areas where it is possible.
- The roots of Europe’s refugee crisis – The editorial looks into how the present day disturbance in West Asia are the consequence of activities of Europe and United States in the area; and hence their moral responsibility to address it.
- Act with firmness – The article looks into India’s conflict of interest regarding rape cased alleged on Saudi national. India looming with increasing rapes in country has passed stricter laws to counter them. Hence, it become morally all the more important to not let off the Saudi national from such a heinous crime
Editorials & Columns
- The thing with gold – The article looks into the policies announced by the government to monetise the gold. It also looks how the holding of gold by Indian public of jewellery and not in bullion has been a hurdle in economic well being of the country.
- The Lehman effect on Indian banks – The article looks into how the Indian banks were affected by Lehman crisis and its aftershocks. It looks into how management and mechanism in public sector banks (like NPAs) has restricted their growth over time which private sector seems to handling pretty well.
- Beware, the NINJAs are coming – There were borrowers who presumably had “No Income, No Jobs and Assets”. The loans to these borrowers were called “liar loans”. This was one of the reasons for Sub Prime Crisis of 2008 in United States. the article looks into such scenarios in India and the safeguard provided by the regulators (RBI etc.) to discourage such activities.
- NSE’s own goal and a hurrah for more transparency – The article looks into issue of transparency in stock exchanges of country; brought forward by a high court verdict. It also looks into the relationship between transparency and public confidence.