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https://karpathuias.blogspot.in/2017/07/Ram-nath-kovind-14th-president-of-india.html?m=1
Who is Mr. Kovind Singh.
Alma matter and his details.
Who is Mr. Kovind Singh.
Alma matter and his details.
karpathuias.blogspot.co.uk
New President of India
ram nath kovind, new president of india, Details about new president, Ram Nath Kovind, 14th President of India.
What is Cyber Terrorism ?
Cyber terrorism is the use of Internet based terror attacks, done deliberately in order to create disturbances or havoc in usual working of the internet. Since, many computers are connected through internet, the chances of high disruption in computer related services in personal as well commercial devices. Attacks through cyber terrorism can be in form of various illegal activities whose number is on a constant increase, a few are most lethal and common. These include attacks from viruses, attacks from Trojans, attacks from BOTS, attacks on databases, black hat hacking etc.
Cyber terrorism is the use of Internet based terror attacks, done deliberately in order to create disturbances or havoc in usual working of the internet. Since, many computers are connected through internet, the chances of high disruption in computer related services in personal as well commercial devices. Attacks through cyber terrorism can be in form of various illegal activities whose number is on a constant increase, a few are most lethal and common. These include attacks from viruses, attacks from Trojans, attacks from BOTS, attacks on databases, black hat hacking etc.
Non-performing Assert
According to an analysis by the Credit Rating Agency ‘Crisil’, Indian Banks may have to incur significant losses in the process of resolving the mammoth bad loans, billed as bane for the country’s sluggish banking sector.Lenders may have to forget 60% of its outstanding dues or about Rs 2.4 lakh crore from top 50 stressed companies that could not repay their loans leading to insolvency battles. The total value of bad loans from that universe in sbout Rs. 4 lakh crore.The 50 large stressed companies are from the metals (30 per cent of total debt), construction (25 per cent), and power (15 per cent) sectors, and account for half of the Rs. 8 lakh crore NPA in the banking system as on March 31st 2017.The agency estimated that banks have provisioned for about 40 per cent of this loan exposure.According to the analysis, “The sources of stress are policy or demand (power plants), lower capacity utilisation (steel plants), and over-leveraged balance sheets (construction companies).
Haircuts Classification of Crisil:
Crisil has classified hair cuts in four categories – marginal (less than 25 per cent), moderate (25-50 per cent), aggressive (50-75 per cent), and deep (greater than 75 per cent). A quarter of the debt analysed needs marginal or moderate haircuts, while a third needs aggressive, and nearly 40 per cent, deep haircuts.“Companies from the power sector would require moderate haircuts, while those from the metals and construction sectors would need aggressive ones.”The agency observed that the majority of the debt requiring deep haircuts belongs to companies with unsustainable businesses. So, asset sales are necessary to recover monies.It assessed that companies needing moderate or aggressive haircuts had gone for debt-funded capex but then demand slumped, or they had projects that ran into regulatory issues, leading to significant time and cost overruns that made them unviable.Companies needing a marginal haircut are those facing temporary setbacks, which could be corrected over time.
*/What is a haircut?/*
A haircut is a one-off adjustment whereby lenders agree to settle for a lesser amount when a company struggles to repay a loan or the lender will not receive the sum in process of resolution a bad loan account.“The restructuring tools facilitated by the Reserve Bank of India that the indebted companies had availed of earlier did not help because of very high debt levels that underscore the magnitude of stress.”As per India Rating and Research (Ind-Ra), Indian Banks need to provide at least 18,000 crore additionally towards the 12 accounts identified by the RBI for reference to the National Company Law Tribunal under the Insolvency and Bankruptcy Code in Financial year 18.The analysis shows, a majority (60%) would fall under aggregate haircut level, to arrive at sustainable level of debt. This means, lenders’ permanent loan losses from those particular accounts may be half or three-fourth of their total debt outstanding.
According to an analysis by the Credit Rating Agency ‘Crisil’, Indian Banks may have to incur significant losses in the process of resolving the mammoth bad loans, billed as bane for the country’s sluggish banking sector.Lenders may have to forget 60% of its outstanding dues or about Rs 2.4 lakh crore from top 50 stressed companies that could not repay their loans leading to insolvency battles. The total value of bad loans from that universe in sbout Rs. 4 lakh crore.The 50 large stressed companies are from the metals (30 per cent of total debt), construction (25 per cent), and power (15 per cent) sectors, and account for half of the Rs. 8 lakh crore NPA in the banking system as on March 31st 2017.The agency estimated that banks have provisioned for about 40 per cent of this loan exposure.According to the analysis, “The sources of stress are policy or demand (power plants), lower capacity utilisation (steel plants), and over-leveraged balance sheets (construction companies).
Haircuts Classification of Crisil:
Crisil has classified hair cuts in four categories – marginal (less than 25 per cent), moderate (25-50 per cent), aggressive (50-75 per cent), and deep (greater than 75 per cent). A quarter of the debt analysed needs marginal or moderate haircuts, while a third needs aggressive, and nearly 40 per cent, deep haircuts.“Companies from the power sector would require moderate haircuts, while those from the metals and construction sectors would need aggressive ones.”The agency observed that the majority of the debt requiring deep haircuts belongs to companies with unsustainable businesses. So, asset sales are necessary to recover monies.It assessed that companies needing moderate or aggressive haircuts had gone for debt-funded capex but then demand slumped, or they had projects that ran into regulatory issues, leading to significant time and cost overruns that made them unviable.Companies needing a marginal haircut are those facing temporary setbacks, which could be corrected over time.
*/What is a haircut?/*
A haircut is a one-off adjustment whereby lenders agree to settle for a lesser amount when a company struggles to repay a loan or the lender will not receive the sum in process of resolution a bad loan account.“The restructuring tools facilitated by the Reserve Bank of India that the indebted companies had availed of earlier did not help because of very high debt levels that underscore the magnitude of stress.”As per India Rating and Research (Ind-Ra), Indian Banks need to provide at least 18,000 crore additionally towards the 12 accounts identified by the RBI for reference to the National Company Law Tribunal under the Insolvency and Bankruptcy Code in Financial year 18.The analysis shows, a majority (60%) would fall under aggregate haircut level, to arrive at sustainable level of debt. This means, lenders’ permanent loan losses from those particular accounts may be half or three-fourth of their total debt outstanding.
Sunday Tit - bit :
Karpathuias.blogspot.com
Who was the 1st Viceroy to occupy building of Rashtrapati Bhawan?
- Lord Irwin
The 1st Indian to reside in Viceroy’s House?
- C.Rajagopalachari
Who becomes 1st Dalit Chief Justice of India
- K. G. Balakrishnan
Who becomes 1st Dalit CM of an Indian state
- Damodaram Sanjivayya (AP)
Who becomes 1st Dalit speaker of Lok Sabha
- GMCBalayogi
Who becomes 1st Woman & Dalit speaker of Lok Sabha
- MeiraKumar
Karpathuias.blogspot.com
Who was the 1st Viceroy to occupy building of Rashtrapati Bhawan?
- Lord Irwin
The 1st Indian to reside in Viceroy’s House?
- C.Rajagopalachari
Who becomes 1st Dalit Chief Justice of India
- K. G. Balakrishnan
Who becomes 1st Dalit CM of an Indian state
- Damodaram Sanjivayya (AP)
Who becomes 1st Dalit speaker of Lok Sabha
- GMCBalayogi
Who becomes 1st Woman & Dalit speaker of Lok Sabha
- MeiraKumar
Inter-State River Water Disputes (Amendment) Bill 2017, its challenges and way forward:
The government introduced the Inter-State River Water Disputes (Amendment) Bill 2017.But the bill doesn’t fully recognise the need to plug holes in the larger ecosystem of interstate river water sharing, development and governance.
Why new amendment bill?
The Interstate Water Disputes Act 1956 even after half dozen amendments, relies exclusively on tribunals for expeditious resolution of river disputes.The Supreme Court and other courts do not have jurisdiction over such disputes — they can interpret verdicts of tribunals.The arrangement demonstrates that the disputes’ resolution generally has not been effective.Disputes have recurred, there have been long delays in adjudication and states have not complied with verdicts of tribunals.
New bill-provisions:
1. The bill proposes a permanent Inter-State River Water Disputes Tribunal (ISRWDT). In the current arrangement, tribunals are formed when a river water dispute arises and will be dispute-specific.
Inter-State River Water Disputes Tribunal (ISRWDT)It will be an eight-member body comprising serving Supreme Court and high court judges.It will have a chairperson and a vice-chairperson and the members will retire when they are 70 — there was no such limit earlier.Each dispute will be referred to a three-member bench and resolution will be time bound.Entire process is restricted to five-and-half years, taking into account all extensions. There is almost no limit on extensions in the current arrangement.
2. The bill provides for a DRC (Disputes Resolution Committee) to enable ex-ante negotiated settlements, in place of earlier mediation by the Centre.
DRC (Disputes Resolution Committee) To avoid disputes advancing to the next stage of legal adjudication.Centre will set up the DRC with “members from such relevant fields, as it deems fit, for resolving the disputes amicably”DRC’s functions — recording data, noting stands and claims of states and reporting facts
3. A data bank and information system. But there is a similar provision in the current act as well, but it mandates the Centre to create such a repository.
Problems:The new bill allows the Centre to appoint or authorise an agency for the purposeThis arrangement could hit a roadblock given the tenuous centre-state relations over managing river waters.The challenge is not about gathering data and information, but more about states agreeing over a particular piece of data.The challenge is also about tapping the data to produce knowledge that can be used for decision-making. Such knowledge has been a major area of contestation before the tribunals so far.
Flaws in the new bill?
Absence of an effective implementation mechanism.Even though the ISRWDT is a permanent avenue, there is nothing that prevents the inevitable escalation of disputes.States defying tribunals’ directives and disregarding awards and the bill offers little to check these tendencies.The Supreme Court, too, has been amenable to Special Leave Petitions which then lead to extended litigation in the apex court.
Implementing the tribunal’s awards, previous issues?
The Cauvery Water Disputes Tribunal Award, given in 2007, lamented about legal ambiguities which prevented it from recommending an institutional mechanism to implement its award.These ambiguities will persist even after the amendments. The power to devise such mechanisms is with the Centre but it is ill-equipped to offer competent and resilient mechanisms.The River Boards Act, 1956, the most potent law available for the purpose has become a dead letter.The ad-hoc mechanisms devised outside this law have not been successful.In the Cauvery dispute, both the Cauvery River Authority and the Cauvery Supervisory Committee proved to be ineffective.With this critical gap, implementing tribunal awards will be a huge challenge.
Way forward
The conflicts arise when the instruments and institutions for cooperation fail.The government has to bring in a comprehensive legislation in place of the River Boards
The government introduced the Inter-State River Water Disputes (Amendment) Bill 2017.But the bill doesn’t fully recognise the need to plug holes in the larger ecosystem of interstate river water sharing, development and governance.
Why new amendment bill?
The Interstate Water Disputes Act 1956 even after half dozen amendments, relies exclusively on tribunals for expeditious resolution of river disputes.The Supreme Court and other courts do not have jurisdiction over such disputes — they can interpret verdicts of tribunals.The arrangement demonstrates that the disputes’ resolution generally has not been effective.Disputes have recurred, there have been long delays in adjudication and states have not complied with verdicts of tribunals.
New bill-provisions:
1. The bill proposes a permanent Inter-State River Water Disputes Tribunal (ISRWDT). In the current arrangement, tribunals are formed when a river water dispute arises and will be dispute-specific.
Inter-State River Water Disputes Tribunal (ISRWDT)It will be an eight-member body comprising serving Supreme Court and high court judges.It will have a chairperson and a vice-chairperson and the members will retire when they are 70 — there was no such limit earlier.Each dispute will be referred to a three-member bench and resolution will be time bound.Entire process is restricted to five-and-half years, taking into account all extensions. There is almost no limit on extensions in the current arrangement.
2. The bill provides for a DRC (Disputes Resolution Committee) to enable ex-ante negotiated settlements, in place of earlier mediation by the Centre.
DRC (Disputes Resolution Committee) To avoid disputes advancing to the next stage of legal adjudication.Centre will set up the DRC with “members from such relevant fields, as it deems fit, for resolving the disputes amicably”DRC’s functions — recording data, noting stands and claims of states and reporting facts
3. A data bank and information system. But there is a similar provision in the current act as well, but it mandates the Centre to create such a repository.
Problems:The new bill allows the Centre to appoint or authorise an agency for the purposeThis arrangement could hit a roadblock given the tenuous centre-state relations over managing river waters.The challenge is not about gathering data and information, but more about states agreeing over a particular piece of data.The challenge is also about tapping the data to produce knowledge that can be used for decision-making. Such knowledge has been a major area of contestation before the tribunals so far.
Flaws in the new bill?
Absence of an effective implementation mechanism.Even though the ISRWDT is a permanent avenue, there is nothing that prevents the inevitable escalation of disputes.States defying tribunals’ directives and disregarding awards and the bill offers little to check these tendencies.The Supreme Court, too, has been amenable to Special Leave Petitions which then lead to extended litigation in the apex court.
Implementing the tribunal’s awards, previous issues?
The Cauvery Water Disputes Tribunal Award, given in 2007, lamented about legal ambiguities which prevented it from recommending an institutional mechanism to implement its award.These ambiguities will persist even after the amendments. The power to devise such mechanisms is with the Centre but it is ill-equipped to offer competent and resilient mechanisms.The River Boards Act, 1956, the most potent law available for the purpose has become a dead letter.The ad-hoc mechanisms devised outside this law have not been successful.In the Cauvery dispute, both the Cauvery River Authority and the Cauvery Supervisory Committee proved to be ineffective.With this critical gap, implementing tribunal awards will be a huge challenge.
Way forward
The conflicts arise when the instruments and institutions for cooperation fail.The government has to bring in a comprehensive legislation in place of the River Boards
Act, 1956, to enable inter-state river water cooperation and collaboration.
Ambiguous:
When unlimited calls and data are available only in Rs. 399/-
Then why members of Parliament are getting Rs. 15000/- as telephone allowance ?
#KarpathuIAS
245 Members of Rajya Sabha
545 Members of Lok Sabha
790 members of parliament multiplied by Rs 15000/- thats
Rs.11,850,000/- Only wastage of our tax money.
Think and make this post viral till it reaches our PM who is advising citizens to
surrender LPG subsidy.
🤔🤔🤔.
Impressive question and forwarded...
When unlimited calls and data are available only in Rs. 399/-
Then why members of Parliament are getting Rs. 15000/- as telephone allowance ?
#KarpathuIAS
245 Members of Rajya Sabha
545 Members of Lok Sabha
790 members of parliament multiplied by Rs 15000/- thats
Rs.11,850,000/- Only wastage of our tax money.
Think and make this post viral till it reaches our PM who is advising citizens to
surrender LPG subsidy.
🤔🤔🤔.
Impressive question and forwarded...
Sunday practice:
GS-1
Q. Examine the role of "Communists" in the Indian National Movement. Also, discuss the major factors responsible for their failure and highlight their major contributions to the national movement.
GS-1
Q. Examine the role of "Communists" in the Indian National Movement. Also, discuss the major factors responsible for their failure and highlight their major contributions to the national movement.
Write essays to BOTH the topics in about 1000-1200 words: (2x125 = 250 Marks)
1. It is the mark of an educated mind to be able to entertain a thought without accepting it.
2. Children must be taught how to think, not what to think.
1. It is the mark of an educated mind to be able to entertain a thought without accepting it.
2. Children must be taught how to think, not what to think.
What is James web space telescope?
(1) JWST is the largest-ever space telescope.
(2) It is expected to be launched in 2018 following the in-depth testing.
(3) It is bigger and more powerful than NASA’s operational Hubble Space Telescope.
(4) It is an infrared telescope.
(5) It is the formal successor to the Hubble Space Telescope and the Spitzer Space Telescope. After its launch it will be the premier observatory of the next decade.
(6) It is an international collaboration between of about 17 countries including NASA, European Space Agency (ESA) and the Canadian Space Agency (CSA).
(7) Applications:
It will help in broad range of investigations across the fields of astronomy and cosmology.
It will help to understand the origins of the universe, evolution of our own Solar System, search for signs of life on faraway planets.
It can also analyze the atmospheres of exo-planets that pass in front of their stars.
It will look at a large number of things in the universe including icy moons, distant exo-planets and galaxy clusters.
(1) JWST is the largest-ever space telescope.
(2) It is expected to be launched in 2018 following the in-depth testing.
(3) It is bigger and more powerful than NASA’s operational Hubble Space Telescope.
(4) It is an infrared telescope.
(5) It is the formal successor to the Hubble Space Telescope and the Spitzer Space Telescope. After its launch it will be the premier observatory of the next decade.
(6) It is an international collaboration between of about 17 countries including NASA, European Space Agency (ESA) and the Canadian Space Agency (CSA).
(7) Applications:
It will help in broad range of investigations across the fields of astronomy and cosmology.
It will help to understand the origins of the universe, evolution of our own Solar System, search for signs of life on faraway planets.
It can also analyze the atmospheres of exo-planets that pass in front of their stars.
It will look at a large number of things in the universe including icy moons, distant exo-planets and galaxy clusters.
UNAIDS report
Positive Indication
With treatment made accessible for more than 50 percent of all People Living with HIV (PLHIV), a new milestone has been achieved.
🔘 Moreover, AIDS-related deaths worldwide have reduced nearly by 50 percent since 2005.
🔘 As of 2016, 19.5 million of the 36.7 million PLHIV could avail treatment. AIDS-related deaths declined from 1.9 million in 2005 to 1 million in 2016.
🔴 When must India ramp up its efforts?
New infections in India fell from 150000 in 2005 to 80000 in 2016; the country had 2.1 million PLHIV at the end of 2016. There were at least 62,000 AIDS-related deaths last year; a decline by 58.6 percent from 2005.
🔘 After South Africa and Nigeria, India has the third highest number of HIV-infected people.
🔴 How does India plan to proceed?
The Union Health Ministry recently reached out to all states and UTs, asking them to instruct private clinics and hospitals in their region to prepare and present a list of HIV/AIDS cases they are treating. “Because there is a taboo associated with HIV/AIDS, and patients feel shy of coming to a government hospital, we miss a considerable data on HIV/AIDS. We want to get an accurate and authentic data on HIV/AIDS. The government will also duly validate the data from private clinics and hospitals keeping the patients’ details confidential,” said Dr. Arun K. Panda, additional secretary, National Aids Control Organization (Naco).
🔘 “We have recently launched ‘Test and Treat Policy for HIV’ policy. As soon as a person is tested and found to be positive, s/he will be provided with ART. We have intensified our efforts to find all those who are infected with HIV,” he said.
🔘 The Yaari Dosti programme in India was lauded by the UNAIDS report for reducing risk behaviors in men, including intimate partner violence.
🔴 Who have made the most progress?
Countries in Eastern and Southern Africa, which has been hit hardest by HIV and accounts for more than 50 percent of all PLHIV has made the maximum progress.
Positive Indication
With treatment made accessible for more than 50 percent of all People Living with HIV (PLHIV), a new milestone has been achieved.
🔘 Moreover, AIDS-related deaths worldwide have reduced nearly by 50 percent since 2005.
🔘 As of 2016, 19.5 million of the 36.7 million PLHIV could avail treatment. AIDS-related deaths declined from 1.9 million in 2005 to 1 million in 2016.
🔴 When must India ramp up its efforts?
New infections in India fell from 150000 in 2005 to 80000 in 2016; the country had 2.1 million PLHIV at the end of 2016. There were at least 62,000 AIDS-related deaths last year; a decline by 58.6 percent from 2005.
🔘 After South Africa and Nigeria, India has the third highest number of HIV-infected people.
🔴 How does India plan to proceed?
The Union Health Ministry recently reached out to all states and UTs, asking them to instruct private clinics and hospitals in their region to prepare and present a list of HIV/AIDS cases they are treating. “Because there is a taboo associated with HIV/AIDS, and patients feel shy of coming to a government hospital, we miss a considerable data on HIV/AIDS. We want to get an accurate and authentic data on HIV/AIDS. The government will also duly validate the data from private clinics and hospitals keeping the patients’ details confidential,” said Dr. Arun K. Panda, additional secretary, National Aids Control Organization (Naco).
🔘 “We have recently launched ‘Test and Treat Policy for HIV’ policy. As soon as a person is tested and found to be positive, s/he will be provided with ART. We have intensified our efforts to find all those who are infected with HIV,” he said.
🔘 The Yaari Dosti programme in India was lauded by the UNAIDS report for reducing risk behaviors in men, including intimate partner violence.
🔴 Who have made the most progress?
Countries in Eastern and Southern Africa, which has been hit hardest by HIV and accounts for more than 50 percent of all PLHIV has made the maximum progress.
Every report CAG that shows some faultiness in the system is important. But this report has become more important because of the current Sino-India border standoff in Bhutan.
CAG Report on the issue
The Comptroller and Auditor General (CAG) has presented the data on deficiencies of the Army’s War Wastage Reserve (WWR) ammunition reserves of 40% of various types of ammunition found to be below critical limits deficiencies can be seen especially in high calibre equipment needed to wage intense war the new report is an evaluation of the availability of WWR ammunition in the Army during the period 2013-14 to 2016-17 (till September 2016)
Concerns
Despite a lapse of more than three years (from March 2013) no significant improvement in the availability of WWR ammunition was noticed in audit
WWR
WWR is the reserve quantity of ammunition needed to meet the requirements for the expected duration of operations.
CAG Report on the issue
The Comptroller and Auditor General (CAG) has presented the data on deficiencies of the Army’s War Wastage Reserve (WWR) ammunition reserves of 40% of various types of ammunition found to be below critical limits deficiencies can be seen especially in high calibre equipment needed to wage intense war the new report is an evaluation of the availability of WWR ammunition in the Army during the period 2013-14 to 2016-17 (till September 2016)
Concerns
Despite a lapse of more than three years (from March 2013) no significant improvement in the availability of WWR ammunition was noticed in audit
WWR
WWR is the reserve quantity of ammunition needed to meet the requirements for the expected duration of operations.
How tattoo ink is made?
Manufacturers usually don't reveal their ingredients and recipes. Commonly Professional tatto inks are made from iron oxides (rust), metal salts, plastics. Homemade or traditional tattoo inks are made from pen ink, soot, dirt, blood, or other ingredients.
Heavy metals used for colors include mercury (red); lead (yellow, green, white); cadmium (red, orange, yellow); nickel (black); zinc (yellow, white); chromium (green); cobalt (blue); aluminium (green, violet); titanium (white); copper (blue, green); iron (brown, red, black); and barium (white). Metal oxides used include ferrocyanide and ferricyanide (yellow, red, green, blue). Organic chemicals used include azo-chemicals (orange, brown, yellow, green, violet) and naptha-derived chemicals (red). Carbon (soot or ash) is also used for black. Other elements used as pigments include antimony, arsenic, beryllium, calcium, lithium, selenium, and sulphur.
Tattoo ink manufacturers typically blend the heavy metal pigments and/or use lightening agents (such as lead or titanium) to reduce production costs.
Manufacturers usually don't reveal their ingredients and recipes. Commonly Professional tatto inks are made from iron oxides (rust), metal salts, plastics. Homemade or traditional tattoo inks are made from pen ink, soot, dirt, blood, or other ingredients.
Heavy metals used for colors include mercury (red); lead (yellow, green, white); cadmium (red, orange, yellow); nickel (black); zinc (yellow, white); chromium (green); cobalt (blue); aluminium (green, violet); titanium (white); copper (blue, green); iron (brown, red, black); and barium (white). Metal oxides used include ferrocyanide and ferricyanide (yellow, red, green, blue). Organic chemicals used include azo-chemicals (orange, brown, yellow, green, violet) and naptha-derived chemicals (red). Carbon (soot or ash) is also used for black. Other elements used as pigments include antimony, arsenic, beryllium, calcium, lithium, selenium, and sulphur.
Tattoo ink manufacturers typically blend the heavy metal pigments and/or use lightening agents (such as lead or titanium) to reduce production costs.
24th July 2017
Economic Times
#KarpathuIAS
Ø Nirma eyes world's 4th largest soda ash producer
Ø RIL sees Reliance Retail, Jio as hyper growth platforms
Ø NSE IFSC to launch F&O contracts in Apple, Alibaba
Ø Saudi Arabia's new trick is turning off the US oil tap
Ø ONGC not to make open offer post HPCL acquisition
Ø India launches R&D facility for high-end fuels, gas
Ø MPC members to get Rs 1.5 lakh per meet
Business Standard
Ø PEs build $4-billion war chest for bad assets
Ø USFDA observations 'unmistakably' beneficial in long run: Dr Reddy's
Ø Banks to meet expert panel on farm loan waiver on July 25
Ø India-Africa trade may touch $117 bn by 2020-21: Report
Ø Ashok Leyland reaches highest market share ever in Q1 at 34.7%
Ø EIL's Rs 658.80-crore share buyback to open on July 25
Business Line
Ø TRAI to begin consultation on mobile apps seeking user data
Ø Parliamentary finance panel chief Moily for change in fiscal to Jan—Dec
Ø 26 CAs under lens amid shell cos crackdown
Ø Undue profit of over Rs. 1 cr to come under GST authority’s lens
Ø Wipro has invested heavily in data: CEO Neemuchwala
Mint
Ø Launching Rs200 note will fill missing middle: SBI report
Ø India likely to clock 7.5% growth this fiscal, says Arvind Panagariya
Ø JSW Energy to focus on profitability, not costly acquisitions
Ø Tata Sons will definitely prune the portfolio: chairman Natarajan Chandrasekaran
Ø Canara Bank-led consortium seeks buyer for 270 MW power plant in Maharashtra
Financial Express
Ø Mumbai, Kolkata, other major ports incur over Rs 53 cr loss: CAG
Ø Despite 21% jump in NPAs in FY17, lenders lap up edu loans
Ø Vijaya Bank Q1 net jumps over 57% to Rs 255 crore
Ø Reliance Industries pays 6 % more to buy own gas
Financial Chronicle
Ø DeMo, GST to widen tax base, make cash dealing difficult: FM
Ø Data protection integral to Right to Life: Centre to SC
Ø China cashing out as mobile payments soar
Ø I-T to sell 9.8% Cairn Energy stake in Indian subsidiary.
Economic Times
#KarpathuIAS
Ø Nirma eyes world's 4th largest soda ash producer
Ø RIL sees Reliance Retail, Jio as hyper growth platforms
Ø NSE IFSC to launch F&O contracts in Apple, Alibaba
Ø Saudi Arabia's new trick is turning off the US oil tap
Ø ONGC not to make open offer post HPCL acquisition
Ø India launches R&D facility for high-end fuels, gas
Ø MPC members to get Rs 1.5 lakh per meet
Business Standard
Ø PEs build $4-billion war chest for bad assets
Ø USFDA observations 'unmistakably' beneficial in long run: Dr Reddy's
Ø Banks to meet expert panel on farm loan waiver on July 25
Ø India-Africa trade may touch $117 bn by 2020-21: Report
Ø Ashok Leyland reaches highest market share ever in Q1 at 34.7%
Ø EIL's Rs 658.80-crore share buyback to open on July 25
Business Line
Ø TRAI to begin consultation on mobile apps seeking user data
Ø Parliamentary finance panel chief Moily for change in fiscal to Jan—Dec
Ø 26 CAs under lens amid shell cos crackdown
Ø Undue profit of over Rs. 1 cr to come under GST authority’s lens
Ø Wipro has invested heavily in data: CEO Neemuchwala
Mint
Ø Launching Rs200 note will fill missing middle: SBI report
Ø India likely to clock 7.5% growth this fiscal, says Arvind Panagariya
Ø JSW Energy to focus on profitability, not costly acquisitions
Ø Tata Sons will definitely prune the portfolio: chairman Natarajan Chandrasekaran
Ø Canara Bank-led consortium seeks buyer for 270 MW power plant in Maharashtra
Financial Express
Ø Mumbai, Kolkata, other major ports incur over Rs 53 cr loss: CAG
Ø Despite 21% jump in NPAs in FY17, lenders lap up edu loans
Ø Vijaya Bank Q1 net jumps over 57% to Rs 255 crore
Ø Reliance Industries pays 6 % more to buy own gas
Financial Chronicle
Ø DeMo, GST to widen tax base, make cash dealing difficult: FM
Ø Data protection integral to Right to Life: Centre to SC
Ø China cashing out as mobile payments soar
Ø I-T to sell 9.8% Cairn Energy stake in Indian subsidiary.
Ethics Vision 2016
#KarpathuIAS
Q. Ensuring accountability in the administration just adds another layer in the bureaucratic process. Examine. Differentiate between accountability and responsibility. Suggest some measures through which administrative accountability can be made more effective in India.
Q. “Morality is based neither on the principle of utility, nor on a law of nature, but on human reason. But human reason can be fallible.” Comment. What does morality mean to you?
Q. What do you mean by social justice? Explain with examples, why it is imperative for a society to promote social justice.
#KarpathuIAS
Q. Ensuring accountability in the administration just adds another layer in the bureaucratic process. Examine. Differentiate between accountability and responsibility. Suggest some measures through which administrative accountability can be made more effective in India.
Q. “Morality is based neither on the principle of utility, nor on a law of nature, but on human reason. But human reason can be fallible.” Comment. What does morality mean to you?
Q. What do you mean by social justice? Explain with examples, why it is imperative for a society to promote social justice.