India sets up bad bank to reduce debt burden, free up lenders Context The Government has launched a Bad Bank with all the regulatory approvals in place. Bad Bank A bad bank conveys the impression that it will function as a bank but has bad assets to start...
Secrecy of vote a must in any election: Supreme Court Context: The Supreme Court dismissed an appeal of men convicted for rioting at a poll booth in Jharkhand. Details of the Judgement The Supreme Court held that in any election, be it to Parliament or State legislature, the...
Microplastics Context Microplastics pollution in the Ganga Details: An analysis of the stretches of the river Ganga by Delhi-based environment NGO Toxics Link has revealed pollution by microplastics, defined as synthetic solid particles sized ranging 1 micrometre (μm) to 5 millimeter (mm), which are insoluble in water he...
China Tibet Relation Context: Xi Jinping visits Tibet border region, first by Chinese leader in years Details: Places visited by China’s President Xi Jinping Nyingchi, a town near the border with India’s Arunachal Pradesh to inspect the newly built Sichuan-Tibet railway Nyang river bridge to inspect the...
Mekong-Ganga Cooperation Context 1. India Co-chaired the 11th Mekong-Ganga Cooperation meeting. About Mekong-Ganga Cooperation 1. The Mekong–Ganga Cooperation (MGC) was established on November 10, 2000, at Vientiane, Laos at the First MGC Ministerial Meeting. 2. It comprises six member countries, namely India, Thailand, Myanmar, Cambodia, Laos and Vietnam. 3. The priority areas...
RBI bans Mastercard from issuing new cards in India Context According to the RBI, the U.S. card-issuer has failed to comply with the local data storage rules announced by the central bank in 2018. RBI’s data localization policy Card companies such as Visa, Mastercard, and American Express to...
New domicile rules in J&K Context: The J&K administration has rolled out the process to issue domicile certificates to the spouses of erstwhile State subjects who have a domicile certificate, which will allow husbands of women married outside to acquire the documents for the first time. What does...
Right to life must override religious sentiments: SC Context: The Delhi Disaster Management Authority (DDMA) issued an order that no celebrations, processions and gatherings would be allowed during the upcoming Kanwar Yatra in the Capital. Earlier, the state government of Uttarakhand, Uttar Pradesh has also cancelled...
Pegasus spyware Context Indian politicians and journalists on targets of surveillance operations carried out with the help of Pegasus spyware More about it: French newspaper Le Monde reported that several Delhi-based diplomats were also on the list of potential targets for phone hacking from 2017-2021, along with a...
