In News: Recently, RBI came out with the draft guidelines for allowing derivatives trading in the Credit Default Swaps (CDS) in over-the-counter (OTC) markets and on recognised stock exchanges in the country. Guidelines Eligible Debt Instruments Debt instruments which will be eligible to be a reference / deliverable obligation in a CDS contract include Commercial […]
In News: Recently, Australia’s Seven West Media has become the first major media group in the country to sign a licensing deal with Google. About the Deal In July 2020, the Australian Competition and Consumer Commission (ACCC) had proposed that media companies could bargain terms of payment for their articles featured in the news feed […]
In News The Prime Minister of India will virtually launch the Mahabahu-Brahmaputra Programme and lay the foundation stone of Dhubri Phulbari Bridge and Majuli Bridge in Assam. Mahabahu-Brahmaputra Programme Aims: To provide seamless connectivity to the Eastern parts of India. It includes various development activities for the people living around River Brahmaputra and River Barak. […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS II 1 6 Toolkit case: two seek anticipatory […]
Facts in News NASSCOM Technology and Leadership Forum (NTLF) It is the annual flagship event of the National Association of Software and Service Companies (NASSCOM). Established in 1988, NASSCOM is a not-for-profit industry […]
In News: Recently, Punjab has become the thirteenth state to successfully undertake One Nation, One Ration Card (ONORC) scheme. Although 32 states and UTs (as on 3rd Feb 2021) are in process of implementing the scheme, there were only 12 states (excluding Punjab) who had fulfilled all the reform related requirements stated by Nodal agency […]
In News: At the projected economic cost of Rs 29.94/kg for wheat and Rs 42.94/kg for rice, the corresponding per-kg PDS consumer subsidy in the coming fiscal would work out to Rs 27.94 and Rs 39.94, respectively. Thus FCI is facing three-pronged challenges of Rising stocks, Increasing cost & Push to procure. Challenges to FCI: […]
In News: The Ministry of Electronics and Information Technology will use the Rs. 1,500 crore earmarked in Budget 2021-22 to augment safety and infrastructure of the digital payments systems. Production Linked Subsidy Scheme In March 2020, the scheme was introduced to boost domestic manufacturing and cut down on import bills. Aims To give companies incentives […]
In News- The National Informatics Centre, a branch under the Ministry of Electronics and Information Technology, launched an instant messaging platform called Sandes on the lines of WhatsApp. Like WhatsApp, it can be used for all kinds of communications by anyone with a mobile number or email id. Why Needed? The government felt the need […]
In News The Ministry of Communication and Information Technology will set up an intelligence unit and a consumer protection system to tackle the menace of pesky calls and financial frauds perpetrated using telecom resources. Rationale Behind the Step The issue of UCC has been a major area of concern for the Telecom Ministry as well […]