Newspaper Must Read Articles of The Day– 24 October 2015

Newspaper articles bearing
relevance to Civil Services preparation

The Hindu

National/Front Page

• Basu is Atomic Energy Commission’s new chief: Sekhar Basu, who played a key role in building the reactor for India’s nuclear-powered submarine called Arihant, is a new Chairman of Atomic Energy Commission (AEC) (Persons, Awards, Prelims, Science and tech, Health- GS Paper III )

International 

•  U.S.-Pakistan bonhomie leaves India at a loss:India has  expressed reservations about the support President Barack Obama has extended to securing finances for the Diamer-Bhasha and Dasu dams in Gilgit Baltistan which India believes cannot be built because of it is in an area under “illegal occupation of Pakistan.(International Relations – GS Paper II)

Business

• India to grow at 7.4% this fiscal, says BoFA-ML .India is set to grow at 7.4 per cent this financial year, according to a report by Bank of America Merill Lynch released on Friday. The report also said that the Reserve Bank of India is likely to cut rates by another 25 bps in February .(Economic development- GS Paper III)

• China’s central bank cuts interest rates : China’s monetary policy easing is at its most aggressive since the 2008/09 global financial crisis, underscoring concerns within Beijing about the health of the world’s second-largest economy.(Economic development- GS Paper III)

Opinion-Editorial

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Indian Express

Editorials & Columns

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LiveMint

• Big polluters, pay up: The world’s biggest polluters continue to reap billions in profits, while receiving huge energy subsidies from governments. (Science and tech, Environment- GS Paper III)

Economic Times/Financial Express

• Why Foxconn is critical: By 2020, India’s biggest imports will be electronics It is in this context that the government has initiated a “net zero import” of electronics under the Digital India and Make in India initiatives.(Economic development- GS Paper III)

•  TPP or bust!: A study says, India could gain more than $500 billion a year if it joined an expanded TPP; further gains could be got if India participated meaningfully in major plurilateral negotiations on services and government procurement.That’s the real antidote to India’s falling exports.(Economic development- GS Paper III)