Why the RBI transfer funds to the Government? On an average, in the last decade or so, anyway between Rs. 40,000- 60,000 crores have been given away to the government as dividends by the RBI. Dividend is paid to the government as the government is a stakeholder in the RBI. The dividend is paid out… Continue reading RBI’s Surplus Fund
Frequent elections, according to experts, hamper long-term policymaking because every decision is seen as bait for votes. Hence, to end this vicious cycle of elections, PM Modi had recommended holding of simultaneous Lok Sabha and Assembly elections all over the country. The PM’s stand on the issue received support from President Pranab Mukherjee recently when… Continue reading One India, One election an interesting concept but its benefits not clear yet
The relationship between India and USA which has been on an upward curve for some time is further seeing an upward trend. The crucial LEMOA (Logistics Exchange Memorandum of Agreement) recently signed by both the countries is a significant step towards strategic and defence ties. What does the Agreement mean? It provides for automatic approvals… Continue reading Indo-US Strategic Ties: Where Is It Heading?
Introduction The first experimental mission of ISRO’s Scramjet Engine towards realisation of Air Breathing Propulsion System was carried out successfully. It is a new technology which is not available with many countries. India is the fourth country to demonstrate the flight testing of scramjet engine. Many countries have tested a Scramjet but no country has… Continue reading ISRO test firing Scramjet Rocket Engine.
Social media in the present times has emerged as something inevitable for everyone. In some way or the other, it is having an impact on people and their daily lives. According to a Report from the House of Commons Home Affairs Committee, United Kingdom, social media has been consciously failing to combat extremism and not… Continue reading Is Social Media Globalizing Terrorism?
Celebrities endorsing various brands or companies might have to face some trouble in the coming time if the amendments proposed to the Consumer Protection Act are carried out in the next session of Parliament. They will put onus on celebrities in case of misleading ads. The issue came into light after Maggie noodles were found… Continue reading Misleading Ads: Onus on Celebrity Endorsers Also
Introduction Any fight against terrorism, insurgency and internal security would be incomplete without a strong and a robust intelligence network, feedback or its analysis. Prime Minister speaking at 11th meeting of Inter–State Council pointed out about internal security. There is a need to improve intelligence, improve the system of information exchange between different stake holders… Continue reading Intelligence sharing for internal security
The Unified Payments Interface (UPI) will take the power of smartphones to its next level in India, making instant money transfers an every-minute possibility. Developed by the National Payments Corporation of India (NPCI) under the guidelines of the Reserve bank of India, the Unified Payments Interface (UPI) is the new face of cashless payments, fast-tracking… Continue reading UPI: India’s biggest and boldest payments interface bet yet
Introduction The five banks set to merge with SBI are State Bank of Bikaner and Jaipur, State Bank of Travancore,State Bank of Mysore, State Bank of Hyderabad and State Bank of Patiala. SBI will also absorbBharatiya Mahila Bank. This is a bigger merger. 6 banks will be merging at the same time. This has never happened… Continue reading Merger of Associate Banks with SBI
The notorious Section 124A of Indian Penal Code is back into limelight and this time Amnesty International India in Bangalore has been booked under this section. An event was organized as a part of its campaign for seeking justice against human rights violations in Jammu and Kashmir which ended with some heated arguments and slogans.… Continue reading Amnesty and Sedition Charges: Is It Vali