Insolvency and Bankruptcy Code (IBC) Context: Comparing outstanding loan amounts with the value realised may not be a ‘reasonable indicator’ to assess the bankruptcy law’s effectiveness, said Reserve Bank Deputy Governor M. Rajeshwar Rao, while seeking to address concerns over deep haircuts that banks had […]
Challenges in Transition towards Electric Vehicles Context: Recently, an 80-year-old man died at his home in Telangana’s Nizamabad district after the battery of an electric scooter exploded while being charged, there are many such incidents which have occurred recently. After the enquiry, the Ministry of […]
Widespread Heatwave Context: India is facing an unusually long series of heatwaves that began in the end of March and scorched north India for most of April. The India Meteorological Department (IMD) said April was the hottest in northwest India in 122 years. It has […]
Climate Change – Its Impact on New Infections Context: According to a new study, Climate change will result in thousands of new viruses spread among animal species by 2070 and that is likely to increase the risk of emerging infectious diseases jumping from animals to […]
FEMA Context: The Enforcement Directorate has seized ₹5,551.27 crore from Xiaomi Technology India Private Ltd. under the provisions of the Foreign Exchange Management Act (FEMA), in connection with the alleged illegal remittances made by the company. About FEMA: The Foreign Exchange Management Act of 1999 […]
Front Page: Governments ignoring court orders, says CJ PM for use of local languages in courts States: Filling up vacancies in High Courts need of the hour 600 rice mills install blending machines for rice fortification News: Gen. Manoj Pande is Army chief Gross green […]