Over the past few days, there have been expressions of concern in various fora over a few clauses of the National Medical Commission (NMC) Bill, now enacted. Even medical professionals have protested. According to media reports, there are five primary concerns. These pertain to the National Eligibility-cum-Entrance Test (NEET)/National Exit …
Read More »Yearly Archives: 2019
Sanguine amidst slowdown
Any major country in the world would give an arm and a leg for a growth rate of 6% per annum. But, in India, we lament such an achievement as a ‘slowdown’. This is because, somehow, today we perceive any growth below 7% to be unsatisfactory. And not so long …
Read More »The contours of the Kashmir move
The government has defended its twin decisions to revoke operative portions of Article 370 of the Constitution and dividing Jammu and Kashmir into two Union Territories as “internal policy” that warrant no international comment. While the Prime Minister’s moves have a domestic basis, their manner, or “Modi’s vivendi” as it …
Read More »Retail inflation remains flat in July at 3.15%
Retail inflation in July snapped a five-month accelerating trend to ease marginally to 3.15%, according to official data released on Tuesday.Growth in the Consumer Price Index slowed slightly in July from 3.18% in June. Within the index, food prices bucked an eight-month accelerating trend to ease to 2.33% in July, …
Read More »RBI issues final norms for regulatory sandbox
The Reserve Bank of India (RBI) on Tuesday issued the final framework for regulatory sandbox in order to enable innovations in the financial technology space.A regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may permit certain regulatory relaxations …
Read More »GST Council may discuss rate cut for auto
The government is likely todebate lowering the rates on certain categories of automobiles in the next GST Council meeting, according to a Finance Ministry official.It is also likely to look at increasing the rate on premium real estate, but also restore the provision of input tax credit for the segment. …
Read More »US says it’s consulting on Asian missile deployment
Senior U.S. diplomat, Andrea Thompson, said on Tuesday that the U.S. is consulting its allies as it plans to deploy intermediate-range missiles in Asia, a move China says it will respond to with countermeasures. The U.S. has said it plans to place such weapons in the Asia-Pacific following the U.S. …
Read More »Trump says US learning ‘much’ from Russia missile test blast
President Donald Trump said on Monday that the U.S. is learning “much” from a deadly blast during a Russian missile test that caused elevated radiation levels. Experts have linked the blast — which killed at least five people — to the 9M730 Burevestnik nuclear-powered cruise missile.AFP Source : https://www.thehindu.com/todays-paper/tp-international/trump-says-us-learning-much-from-russia-missile-test-blast/article29088569.ece
Read More »Japan ‘in the dark’ over S.Korea trade controls: minister
Japan is “in the dark” as to why South Korea has downgraded Tokyo’s trading status, Trade Minister Sung Yun-mo said on Tuesday. South Korea on Monday created a new category of trading status for Japan, which Mr. Sung said made it “hard to work closely with a country that frequently …
Read More »Saudi-UAE ‘rift’ weakens fight against common foe
Riyadh and Abu Dhabi put on a display of unity over Yemen, but the capture of Aden by UAE-backed separatists exposes simmering divisions that analysts say weaken their joint campaign against Iran-linked rebels.The seizure of the presidential palace in the southern port city on Saturday dealt a fresh blow to …
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