Today's News 26 March 2019
नीति आयोग फिनटेक कॉनक्‍लेव 2019
नीति आयोग 25 मार्च, 2019 को नई दिल्‍ली के डॉ. अम्‍बेडकर नगर अंतरराष्‍ट्रीय केन्‍द्र में एक दिनभर चलने वाले फिनटेक कॉनक्‍लेव का आयोजन किया। इसका उद्देश्‍य भारत के फिनटेक क्षेत्र में बढ़ती ऊंचाइयों को आकार देना, भविष्‍य की रणनीति एवं नीतिगत प्रयासों के लिए योजना बनाना तथा व्‍यापक वित्‍तीय समावेश के लिए कदमों पर विचार करना है। इस कॉनक्‍लेव में वित्‍तीय स्‍थान- केन्‍द्रीय मंत्रालयों, विनियामकों, बैकरों, स्‍टार्टअप्‍स, सेवा प्रदाताओं एवं उद्यमियों के प्रतिनिधि भाग लिए।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/19417-2019-25
#FinitechConclave #Policy #Commission #NitiAayog #India #SEBI #MSME

अर्थव्यवस्था में तरलता की स्थिति बेहतर
वित्त मंत्रालय और भारतीय रिजर्व बैंक (RBI) ने 25 मार्च 2019 जानकारी दी है कि अर्थव्यवस्था में तरलता (लिक्विडिटी) आरामदायक स्थिति में है। उन्होंने यह भी कहा कि इसमें रुपी-डॉलर स्वैप विंडो के जरिए 35,000 करोड़ रुपये का और बूस्ट दिया जाएगा। आर्थिक मामलों के विभाग के सचिव सुभाष चंद्र गर्ग ने पत्रकारों को बताया कि तरलता आरामदायक स्थिति में हैं। तरलता को बढ़ाने के लिए RBI की ओर से रुपये-डॉलर स्वैप व्यवस्था के नए उपकरण के बारे में पूछे जाने पर गर्ग ने कहा कि यह आरबीआई की ओर से उठाया गया सार्थक कदम है।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/19416-2019-03-26-04-16-50
#RBI #SubhashChandra #dollar #economy #FinanceMinistry

Global Energy Transition index
India has moved up two places to rank 76th on a global energy transition index, which has ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. Sweden remains on the top on this annual list compiled by Geneva-based World Economic Forum (WEF) and is followed by Switzerland and Norway in the top three, as per its latest report released on 25 March 2019.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19421-global-energy-transition-index
#WEF #India #BRICS #China #Brazil #CO2

Chandrayaan 2 to carry NASA science instrument
India's second moon mission Chandrayaan 2, scheduled for launch in April, would be carrying a NASA science probe. Chandrayaan 2 will carry NASA-owned laser retroreflector arrays that allow scientists to make precise measurements of the distance to the Moon, the US space agency officials said, during the Lunar and Planetary Science Conference held in Texas.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19420-chandrayaan-2-to-carry-nasa-science-instrument
#NASA #Chandrayaan2 #ISRO #India #spacecraft

Magnetoreception found in Human
Many people are able to unconsciously detect changes in the Earth’s magnetic fields, according to scientists who claim to have found concrete evidence of a new human sense — magnetoreception. Researchers from California Institute of Technology in the US and the University of Tokyo in Japan offer experimental evidence that human brain waves respond to controlled changes in Earth-strength magnetic fields.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19419-magnetoreception-found-in-human
#Magnetoreception #Human #Earth #magneticfields #eNeuro

SC dismisses plea of Triple Talaq
The Supreme Court 25 March 2019 dismissed a plea challenging the constitutional validity of an ordinance which makes the practice of instant ‘triple talaq’ a punishable offence. A bench headed by Chief Justice Ranjan Gogoi dismissed a plea of a Kerala-based outfit and said it will not like to interfere.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19418-sc-dismisses-plea-of-triple-talaq
#SC #TripleTalaq #RanjanGogoi #SupremeCourt

गरीबी सूचकांक (एमपीआई) 2019
भारत में स्वास्थ्य, स्कूली शिक्षा समेत विभिन्न क्षेत्रों में हुई प्रगति से बड़ी संख्या में लोग गरीबी के दलदल से बाहर निकल आए हैं। संयुक्त राष्ट्र की एक रिपोर्ट के अनुसार वर्ष 2006 से 2016 के बीच रेकॉर्ड 27.10 करोड़ लोग गरीबी से बाहर निकले हैं। खाना पकाने के ईंधन, साफ-सफाई और पोषण जैसे क्षेत्रों में मजबूत सुधार के साथ बहुआयामी गरीबी सूचकांक वैल्यू में सबसे बड़ी गिरावट आई है।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/20874-2019-42
#PovertyIndex2019 #MPI #UN #India #UNDP #OPHI #UnitedNations

एथनॉल से चलने वाली देश की पहली बाइक
टीवीएस ने एथनॉल से चलने वाली देश की पहली बाइक शुक्रवार को लॉन्च कर दी। TVS Apache RTR 200 Fi E100 नाम से बाजार में उतारी गई इस बाइक की कीमत 1.20 लाख रुपये है। इसे केंद्रीय सड़क परिवहन और राजमार्ग मंत्री नितिन गडकरी और नीति आयोग के सीईओ अमिताभ कान्त की उपस्थिति में लॉन्च किया गया। टीवीएस मोटर का कहना है कि यह अपाचे पूरी तरह एथनॉल से चलेगी।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/20873-2019-07-13-05-09-11
#Ethanol #bike #NitinGadkari #TVSMotor #CEO #AmitabhKant #airpollution

करतारपुर पर भारत-पाक विशेषज्ञ करेंगे बैठक
भारत और पकिस्तान के विशेषज्ञ करतारपुर गलियारा के स्वरूप को अंतिम रूप देने के लिए मसौदा समझौता पर चर्चा करने को लेकर 14 जुलाई 2019 को अटारी-वाघा सीमा पर बैठक करेंगे। वे संबद्ध तकनीकी मुद्दों पर भी चर्चा करेंगे। यह गलियारा पाकिस्तान के करतारपुर स्थित दरबार साहिब को गुरदासपुर जिला स्थित डेरा बाबा नानक गुरुद्वारा से जोड़ेगा तथा भारतीय सिख श्रद्धालुओं की वीजा मुक्त आवाजाही को सुगम बनाएगा।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/20872-2019-07-13-05-09-02
#India #Kartarpur #Pak #BabaNanakGurudwara #Pulwama #terroristattack

India's first ethanol based bike
Chennai-based TVS Motor Company on 12 July 2019 launched the country’s first ethanol-powered motorcycle TVS Apache RTR 200 Fi E100 to help bring down crude imports and reduce air pollution. The special edition will be available in Maharashtra, Karnataka and Uttar Pradesh at Rs 120,000.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/20878-india-s-first-ethanol-based-bike
#Ethanol #bike #NitinGadkari #TVSMotor #CEO #AmitabhKant #airpollution

CFAMM 2019
India has urged the Commonwealth to expedite readmission of the Maldives as a member country. External Affairs Minister S. Jaishankar conveyed India’s stand at the 19 Commonwealth Foreign Affairs Ministers Meeting in London.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/20877-cfamm-2019
#CFAMM2019 #Modi #CHOGM #Commonwealth #MPs #Singapore #India

First delivery of S-400 missile system
Turkey received the first batch of Russia's S-400 missile defence system on 12 July 2019, the defence ministry said, despite repeated warnings from its NATO ally United States against the purchase. The delivery of the first shipment of parts of the S-400 long range regional air missile defence system began as of July 12, 2019 to Murted air base in Ankara.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/20876-first-delivery-of-s-400-missile-system
#S400 #missile #Turkey #NATO #aircraft #IGA #CAATSA #BRICS

Amendment in POCSO Act approved
The Ministry of Women and Child Development has laid down a clear definition of what constitutes the offence and has included sexually explicit digital content involving children under its purview as per an amendment to the existing POCSO Act.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/20875-amendment-in-pocso-act-approved
#POCSO #Amendment #childsexual #WCD #Women #digital #ChildDevelopment

India in GII 2019
The 12th edition of the Global Innovation Index (GII) — an annual ranking of countries in terms of their capacity for innovation and success in it has ranked India as the 52nd most innovative country globally in its 12th edition.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21021-india-in-gii-2019
#India #GII2019 #INSEAD #WIPO #healthcare #GlobalLeaders #Innovation

Steps taken to combat Terror Financing
During the Informal BRICS Meeting, on the margins of G20 Osaka Summit (28-29 June, 2019), India along with other BRICS members underlined their resolve to make the international financial system entirely hostile to terrorist financing.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21020-steps-taken-to-combat-terror-financing
#BRICS #TFFC #FICN #MoU #FCORD #NIA #Prevention #terroristattacks

Unlawful Activities Amendment Bill passed
The Lok Sabha on 24 July 2019 passed the Unlawful Activities (Prevention) Amendment Bill, popularly known as the Anti-Terrorism Bill. Introducing the bill in the lower house, Union Home Minister Amit Shah said the amendments to the bill will ensure anti-terror laws are not misused.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21019-unlawful-activities-amendment-bill-passed
#Amendment #LokSabha #NIA #UAPA #Prevention #AmitShah #AntiTerrorismBill

India, China in free visa-on-arrival scheme
Sri Lanka on 24 July 2019 included India and China in the free visa-on-arrival scheme to revive the country’s tourism sector which witnessed a slump following the Easter Sunday bombings.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21018-india-china-in-free-visa-on-arrival-scheme
#India #China #visa #SriLanka #USA

Pact signed with NLFT
The Centre signed on 10 August 2019 a pact with an insurgent group of Tripura under which it has agreed to lay down arms and join the mainstream.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21195-pact-signed-with-nlft
#NLFT #Tripura #MoS #NLFT-SD #SabirKumarDebbarma

Kajin Sara lake
A newly-discovered lake in Nepal is likely to set a new record of being the world’s highest lake replacing Tilicho, which is situated at an altitude of 4,919 metres in the Himalayan nation and currently holding the title.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21194-kajin-sara-lake
#KajinSaralake #Himalayannation #Tilicho #Nepal

Linked back-series of GDP
The government has come out with a linked back-series of India’s growth numbers from 1950-51 to 2003-04, with 2011-12 as the base year, to align gross domestic product numbers from past years with the new internationally accepted methodology and facilitate comparisons.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21193-linked-back-series-of-gdp
#Linkedbackseries #GDP #CSO #Linkedback

Henley Passport Index
The "strength" of the Indian passport — countries it has visa-free access to — has weakened in the last decade, according to the annual Henley Passport Index.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21192-henley-passport-index
#HenleyPassportIndex #SouthAfrica #BRICS #passport

India in achieving NDCs
Acknowledging the importance of urban environmental management for improving quality of life in cities, the Environment Ministers of BRICS countries, agreed to work together to resolve the multifaceted environmental issues faced by BRICS cities.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21238-india-in-achieving-ndcs
#NDCs #India #BRICS #PUESI #PrakashJavadekar #UNFCC

Khel Ratna award
Asian and Commonwealth Games gold-medallist wrestler Bajrang Punia was on 16 August 2019 nominated for the country’s highest sporting honour – the Rajiv Gandhi Khel Ratna award.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21237-khel-ratna-award
#KhelRatna #BajrangPunia #WFI #AsianGames #RajivGandhi #CommonwealthGames

India's ranking in measles outbreak
A recent WHO report says that the first half of 2019 has recorded the highest cases of measles since 2006. Globally, 82% have received the first dose of measles and 69% have received the second dose—far from the 95% target WHO had set for 2020.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21236-india-s-ranking-in-measles-outbreak
#India #WHO #DPT #ranking #outbreak

First Indian airline to fly over North Pole
Air India hoisted its Boeing 777 aircraft over the North pole to become the first Indian airline to operate commercial flights overflying the polar region. Its Delhi-San Francisco flight, which usually overflies the Atlantic or the Pacific ocean, cut across latitudes instead on 15 August 2019 to fly over zero degree north in a feat that would probably be Air India's last hurrah before it is thrown into the throes of privatisation.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/21235-first-indian-airline-to-fly-over-north-pole
#airline #FirstIndian #SFO #AirIndia #aircraft #Afghanistan

Chennai-Vladivostok sea route
India and Russia are against “outside influence” in the internal matters of any nation, Prime Minister Narendra Modi said after talks with Russian President Vladimir Putin on 4 September 2019 during which they discussed ways to bolster cooperation in trade and investment, oil and gas, nuclear energy, defence, space and maritime connectivity.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21392-chennai-vladivostok-sea-route
#Chennai #Vladivostok #NarendraModi #EEF #India #outsideinfluence

Coordination committee for Census
A coordination committee headed by chief secretary was constituted in Jammu and Kashmir on 4 September for Census-2021, an order issued by the General Administration Department (GAD) stated.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21391-coordination-committee-for-census
#Coordination #GAD #Census #JammuandKashmir #GirdhariLal

India hikes contribution in Global Fund
Strengthening its commitment towards eliminating AIDS, tuberculosis and malaria, India has increased its contribution to the Global Fund to $22 million for the 6th replenishment cycle (2020-22), up 10% over the amount contributed in the fifth cycle.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21390-india-hikes-contribution-in-global-fund
#India #GlobalFund #AIDS #G20 #BRICS #malaria #tuberculosis

Higher procurement price for ethanol
The Union Cabinet on 3 September 2019 approved a higher procurement price for ethanol purchased by oil marketing companies for the ethanol blended petrol (EBP) programme, which will come into effect from December 1 for a period of one year.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21389-higher-procurement-price-for-ethanol
#ethanol #EBP #UnionCabinet #Cheavy #procurement #oil

Treaty on mutual legal assistance
India and Maldives on 3 September 2019 signed a treaty on mutual legal assistance in criminal matters as External Affairs Minister S Jaishankar and his Maldivian counterpart Abdulla Shahid discussed ongoing cooperation in various fields and ways to further strengthen the bilateral ties.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21388-treaty-on-mutual-legal-assistance
#India #SJaishankar #AbdullaShahid #Maldives #IOC #MLAT

Vikram performs second maneuver
The Vikram Lander of the Chandrayaan-2 mission successfully carried out the second de-orbiting maneuver in the early hours of 4 September 2019, the Indian Space Research Organisation (ISRO) said.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21387-vikram-performs-second-maneuver
#Vikram #Chandrayaan2 #ISRO #moon #Pragyaan #spacecraft

India's banana and Climate Change
Climate change may lead to a significant decline in banana production in India -- the world's largest cultivator and consumer of the crop, according to a study.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21386-india-s-banana-and-climate-change
#ClimateChange #India #Bananas #Brazil #agricultural #fruitcrop

India in WDCR 2019
India has advanced four places to 44th position in terms of digital competitiveness in the world as the country has made improvement in terms of knowledge and future readiness to adopt and explore digital technologies, according to a global report.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21577-india-in-wdcr-2019.html
#WDCR #India #IMD #telecommunications #WorldCompetitivenessCenter

IBSA call for reforms at international fora
India along with other members of the IBSA bloc has reaffirmed its commitment to promote reforms in all international organisations, including the UN, World Trade Organisation and G20 to achieve more "inclusive, and responsive" international governance architecture.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21576-ibsa-call-for-reforms-at-international-fora.html
#IBSA #G20 #internationalfora #BRICS #UNSC #WTO #G77

G-4 for UNSC reform
Expressing concern on the lack of progress, India, along with Japan, Germany and Brazil, pitched for an “enhanced role of developing countries” as it pushed for United Nations Security Council reforms.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21575-g-4-for-unsc-reform.html
#G4 #UNSC #IGN #UNGA #Australia #UnitedNations

Vikram lander had a hard landing
America’s space agency NASA released high-resolution images of the lunar south pole region where ISRO’s Chandrayaan 2 attempted soft-landing.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21574-vikram-lander-had-a-hard-landing.html
#Vikram #NASA #LROC #ISRO #Chandrayaan2 #LRO

Prehistoric ‘baby bottles’ unearthed
Researchers have discovered ancient ceramic drinking vessels in Bavaria that give unprecedented insight into how prehistoric humans used milk to feed infants. Some of the vessels are shaped like animals.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21573-prehistoric-baby-bottles-unearthed.html
#Prehistoric #babybottles #Bavaria #IronAge #Germany

SC opens office of CJI to RTI
The Office of the Chief Justice of India (CJI) is a public authority under the Right to Information (RTI) Act and is liable to provide information sought in public interest, a five-judge Constitution Bench led by Chief Justice of India Ranjan Gogoi declared on 13 November 2019.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21980-sc-opens-office-of-cji-to-rti.html
#SC #CJI #SanjeevKhanna #RanjanGogoi #RTI #DeepakGupta

SC scraps Finance Act rules on tribunals
The Supreme Court on 13 November 2019 struck down provisions of the amended Finance Act 2017, which had changed the structure and powers of various judicial tribunals, such as the National Green Tribunal and Income Tax Appellate Tribunal.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21979-sc-scraps-finance-act-rules-on-tribunals.html
#SC #NGO #SAFE #ITAT #TDSAT #MoneyBill #NGT

Tiger Triumph
The first ever joint exercise involving the Army, Navy and Air Force of both India and the United States and commanded by each other, the tri-services joint exercise between the two countries, announced by US President Donald Trump during Prime Minister Narendra Modi’s event in Texas in September, started in Visakhapatnam on 13 November 2019.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21978-tiger-triumph.html
#TigerTriumph #Navy #Army #NarendraModi #HADR #RAMT

11th summit of Brics
Prime Minister Narendra Modi is in Brazil for the 11th Brics Summit which has the theme 'Economic Growth for an Innovative Future'.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21977-11th-summit-of-brics.html
#Brics #NarendraModi #GDP #VladimirPutin #MEA

Mauritius PM takes oath
Mauritius's incumbent Prime Minister Pravind Jugnauth was sworn in for a five-year term on 12 November 2019 after elections in which his coalition consolidated its grip on parliament.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21976-mauritius-pm-takes-oath.html
#Mauritius #PM #PravindJugnauth #Alliance #RenganadenPadayach

Ancient life in Jezero crater
NASA’s Mars 2020 rover will hunt for microscopic fossils, which could provide signs of ancient life on the red planet. The 2020 rover is yet to be named, and is expected to land on the planet by February 18, 2021.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21975-ancient-life-in-jezero-crater.html
#Ancient #Jezero #NASA #Mars2020 #JPL #microscopic

SAFAR’s study
Central Pollution Control Board Member Secretary Prashant Gargava said stubble burning contributed significantly to air pollution in Delhi this year with the share of farm fire smoke in particulate matter peaking to 44 percent.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21990-safar-s-study.html
#SAFAR #Haryana #IMD #IITM #MoES #CPCB #airpollution

India, Switzerland ink pact
Indian government officials met their counterparts from Switzerland to discuss cooperation in tackling black money parked in offshore accounts according to a government release.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21989-india-switzerland-ink-pact.html
#India #AjayBhushanPandey #foreign #economy #Blackmoney

Chief guest at the Republic Day 2020
Brazilian President Jair Bolsonaro on November 13 accepted Prime Minister Narendra Modi’s invitation to be the chief guest at India’s Republic Day celebrations next year.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21988-chief-guest-at-the-republic-day-2020.html
#Chiefguest #RepublicDay2020 #BRICS #MinisterModi

Sabarimala review go to larger Bench
A majority judgment delivered by a five-judge Bench led by Chief Justice of India (CJI) Ranjan Gogoi on 14 November 2019 kept a final decision on the Sabarimala review and writ petitions in abeyance till a larger Bench of seven judges delivers an “authoritative pronouncement” on the exact role a non-epistolary court can play in deciding whether a particular practice is essential or integral to a religion.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21987-sabarimala-review-go-to-larger-bench.html
#Sabarimala #CJI #Article26 #PIL #SupremeCourt #RanjanGogoi

Rafale defence deal
The Supreme Court on 14 November 2019 gave clean chit to the Modi government on the purchase of 36 fully-loaded Rafale fighter jets from French company Dassault Aviation, rejecting the plea for registration of an FIR by the CBI for alleged commission of cognisable offence in the deal.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21986-rafale-defence-deal.html
#Rafale #SupremeCourt #CBI #aircraft #IndianAirForce #BJP

Common payment system
Brazil, Russia, India, China and South Africa, a group of major emerging economies known as BRICS, back the idea of developing a common payment system, a Russian official said.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21999-common-payment-system.html
#RDIF #BRICS #G20 #SouthAfrica #India #KirillDmitriev

ICC approves probe for Rohingya
The International Criminal Court approved a full investigation into Myanmar's alleged crimes against the Rohingya, as the southeast Asian nation faced mounting legal pressure worldwide over their fate.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21998-icc-approves-probe-for-rohingya.html
#ICC #Myanmar #ICJ #AungSanSuuKyi #genocide #Rohingya

Rules under insolvency law notified
The government on 15 November 2019 notified rules under the insolvency law to deal with resolution of financial service providers, excluding banks.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21997-rules-under-insolvency-law-notified.html
#insolvency #CIRP #FSPs #Bankruptcy #Rules #FinancialServiceProviders

UNICEF report
India had the second-highest number of deaths of children under the age of five in 2018 due to pneumonia, a curable and preventable disease that claimed the life of one child every 39 seconds globally, according to a new report by the UN.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21996-unicef-report.html
#UNICEF #Nigeria #India #ChildhoodPneumonia #UHC #Pakistan #Congo

Committee for liabilities between J&K, Ladakh
The Centre has constituted a three-member committee for division of assets and liabilities of Jammu and Kashmir between two successor Union territories, which came into existence on October 31.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21995-committee-for-liabilities-between-j-k-ladakh.html
#ICAS #Article370 #AjayKumar #liabilities #Ladakh #AnandSharma

Draft roadmap for population stabilisation
Government think tank Niti Aayog on 20 December 2019 will hold a consultative meeting to discuss a roadmap for population stabilisation and come out with a working paper to address key gaps in India's family planning programmes.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22380-draft-roadmap-for-population-stabilisation.html
#NitiAayog #PFI #NarendraModi #India

‘Operation Twist’ in desi avatar
The Reserve Bank of India (RBI) has commenced something that is akin to the famous “Operation Twist” conducted by the US Federal Reserve by deciding to buy the long-tenor 10-year benchmark bonds worth Rs. 10,000 crore and selling four short-dated securities worth the same amount under open market operations (OMOs).
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22379-operation-twist-in-desi-avatar.html
#OperationTwist #RBI #OMOs #acknowledgement #US

Ethiopia launches first satellite
Ethiopia launched its first satellite into space on 20 December 2019, as more sub-Saharan African nations strive to develop space programs to advance their development goals and encourage scientific innovation.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22378-ethiopia-launches-first-satellite.html
#Ethiopia #satellite #China #AddisAbaba #space

Satellite to monitor Amazon rainforest
An Earth observation satellite jointly developed by China and Brazillaunched into space on 20 December 2019 under a bilateral programme seen as a template for broader cooperation among BRICS nations.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22377-satellite-to-monitor-amazon-rainforest.html
#Satellite #Amazon #rainforest #BRICS #CBERS #Earth

Votes for Brexit deal
Britain's freshly-elected parliament prepared on 20 December 2019 to move past years of partisan wrangling and initially approve Prime Minister Boris Johnson's divorce deal with the EU.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22376-votes-for-brexit-deal.html
#Votes #EU #Johnson #Brexit #London #EuropeanUnion

India supports expansion of NDB membership
India on 9 November 2020 supported expansion of the membership of New Development Bank (NDB), set up by India and other BRICS nations, and emphasised on the importance of regional balance.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/27012-india-supports-expansion-of-ndb-membership.html
#NDBmembership #BRICS #NDB #UPSCOnlineClasses #OnlineClassses #IASOnlineclasses

China signs off on BRICS counter-terror strategy
China on 17 November 2020 signed off on the BRICS counter-terrorism strategy that called upon on all countries to take steps to prevent the use of their territories for terrorist activities against other countries or their own citizens.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/27161-china-signs-off-on-brics-counter-terror-strategy.html
#BRICS #counterterror #UPSCOnlineClasses #OnlineClassses #IASOnlineclasses #ksgnews

Today's Headlines - 25 August 2023
BRICS currency in BRICS Summit
GS Paper - 2 (International Relations)

Brazil's President called for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange rate fluctuations. Luiz Inacio Lula da Silva made the proposal at a BRICS summit in Johannesburg. Officials and economists have pointed out the difficulties involved in such a project, given the economic, political and geographic disparities between Brazil, Russia, India, China and South Africa.

Why does Brazil want a BRICS currency?

Brazil's president doesn't believe nations that don't use the dollar should be forced to trade in the currency, and he has also advocated for a common currency in the Mercosur bloc of South American countries.
A BRICS currency "increases our payment options and reduces our vulnerabilities," he told the summit's opening plenary session.
What do other BRICS Leaders think?

South African officials had said a BRICS currency was not on the agenda for the summit.
In July, India's foreign minister said, "there is no idea of a BRICS currency". Its foreign secretary said before departing for the summit that boosting trade in national currencies would be discussed.
Russian President Vladimir Putin said the gathering, which he attended via videolink, would discuss switching trade between member countries away from the dollar to national currencies.
China has not commented on the idea. President Xi Jinping spoke at the summit of promoting "the reform of the international financial and monetary system".
Is the US Dollar in trouble?

BRICS leaders have said they want to use their national currencies more instead of the dollar, which strengthened sharply last year as the Federal Reserve raised interest rates and Russia invaded Ukraine, making dollar debt and many imports more expensive.
Russia's sanctions-imposed exile from global financial systems last year also fuelled speculation that non-western allies would shift away from the dollar.
The objective, irreversible process of de-dollarisation of our economic ties is gaining momentum, Putin told the summit.

#upsc #news #headline #brics #currency #summit #internationalrelations #bricsnations #investment #ratefluctuations #vulnerability #lunae #economic #political #geographic #disparities #brazil #russia #india #china #southafrica #currency #mercosur #southamerican #leaders #videolink #trade #indiaforeignminister #USDOLLAR #ukraine #globalfinancial #economic

Today's Headlines - 26 August 2023
BRICS gets six new members
GS Paper - 2 (International Relations)

The five-member BRICS invited six more countries to join the alliance, in a move which can strengthen its claim of being a ‘voice of the Global South’ on one hand, while raising concerns about China’s increasing dominance on the other. BRICS consists of Brazil, Russia, India, China, and South Africa. In its ongoing summit at Johannesburg, South Africa, it has invited Iran, the United Arab Emirates, Saudi Arabia, Argentina, Egypt, and Ethiopia. Their membership will begin in January.

Why New Members

Adding new members strengthens the group’s heft as a spokesperson of the developing world. BRICS currently represents around 40% of the world’s population and more than a quarter of the world’s GDP.
With the additions, it will represent almost half the world’s population, and will include three of the world’s biggest oil producers, Saudi Arabia, the UAE and Iran.
The rush towards BRICS is driven by two basic impulses: “First, there is considerable anti-US sentiment in the world, and all these countries are looking for a grouping where they can use that sentiment to gather together.
Second, there is a lot of appetite for multipolarity, for a platform where countries of the Global South can express their solidarity.”
The formation of BRICS in 2009 was driven by the idea that the four emerging markets of Brazil, Russia, India, and China would be the future economic powerhouses of the world. South Africa was added a year later.
While the economic performance of BRICS has been mixed, the war in Ukraine — which has brought the West together on the one hand and strengthened the China-Russia partnership on the other — has turned it into an aspiring bloc that can challenge the western geopolitical view, and emerge as a counterweight to Western-led fora like the Group of 7 and the World Bank.
What this means for India

If India’s presence at the recent G7 summit in Hiroshima, where Prime Minister Narendra Modi also participated in an informal Quad summit, was seen as a sign of New Delhi’s US tilt, it continues to attach importance to the “anti-West” BRICS.
India is also part of the Shanghai Cooperation Organisation (SCO), and despite problems, it has relations with Russia, with China.
While China does want BRICS to be an anti-western group, the Indian view is that it is a “non-western” group and should stay that way.
Among the new members, while India looks at all of them as partnerships worth developing, concerns have been raised that the group could become more pro-China and sideline New Delhi’s voice and interests.

#upsc #news #headline #brics #newmembers #internationalrelations #globalsouth #china #brazil #russia #india #southafrica #johannesburg #iran #egypt #ethiopia #world #GDP #population #quarter #economics #ukraine #worldbank #hiroshima #shanghaicooperation #organisation #SCO #NEWDELHI #prochina #interests #developing

https://youtu.be/i1x4I43C8A8?si=vd9f6jCvOJxvR2ZB

Part 01 of All About BRICS in Beyond The Headlines series with Dr Khan and Amb Mahesh Sachdev (Retd. IFS)
Stay tuned for Part 02.

Team KSG