To ensure funding needs of Defence The Union Cabinet has approved expanding the terms of reference of the Fifteenth Finance Commission to address the funding requirements for defence and internal security as also extending its term to November 30, 2019. “The Union Cabinet has approved the proposed amendment to enable …
Read More »Yearly Archives: 2019
Cabinet okays amendments to bankruptcy code
Stress on time-bound resolution, financial creditors’ voting The Union Cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code, placing a greater emphasis on more time-bound resolution and laying down voting rules of the financial creditors. “The Union Cabinet today approved the proposal to carry out seven amendments to …
Read More »RBI reserves: panel for transfer in tranches
Jalan committee report expected within the next fortnight; consensus on decision unlikely The Bimal Jalan Committee on treatment of Reserve Bank of India’s reserves is likely to recommend a transfer of a specified quantum of RBI reserves to the government over two or three tranches over the next few years, …
Read More »Netanyahu set to become Israel’s longest-serving PM
Benjamin Netanyahu is set to becomes Israel’s longest-serving Prime Minister as his 13-year rule surpasses that of Israel’s founding father David Ben-Gurion on July 20. But as he is about to cross the milestone, Mr. Netanyahu faces perhaps his greatest political challenge yet. After failing to form a parliamentary majority …
Read More »U.S. mulls raising merit-based immigration to 57%
The Trump administration is proposing to increase merit-based legal immigration to 57% and half of those would be based on family and humanitarian grounds, in an effort to overhaul the existing system. Senior presidential adviser Jared Kushner, who is also the son-in-law of U.S. President Donald Trump, said having an …
Read More »U.S. House condemns Trump’s ‘racist’ tweets on lawmakers
The first time a President has been rebuked by the House in more than 100 years . The House voted on Tuesday to condemn as racist President Donald Trump’s attacks against four congresswomen of colour, but only after the debate over the President’s language devolved into a bitterly partisan brawl. …
Read More »No phones, inter-caste marriages for Thakor girls
Stipulates stringent fines if parents do not follow the directives, says education is more important In a regressive step, Gujarat’s Thakor community unanimously passed a fiat directing parents to discourage their daughters from having mobile phones and inter-caste marriages. If found with phones, the parents can be fined up to …
Read More »ICJ tells Pakistan to review Jadhav trial
However diplomats said that ordering Mr. Jadhav’s release was never really an expectation from the ICJ. “This was a big victory, and as much as India would have hoped for at this stage,” said Gautam Bambawale, explaining that “the ICJ never gives directions beyond its authority as it cannot implement …
Read More »AIIMS, JIPMER will also come under NEET
Cabinet nod for National Medical Commission Bill The National Medical Commission (NMC) Bill, proposed to be introduced in the current session of Parliament, proposes to replace the Medical Council of India with the National Medical Commission to over see medical education in the country. Under the Bill, the National Medical …
Read More »‘Samjhauta blast case lacked proof’
Shah defends not filing appeal Union Home Minister Amit Shah on Wednesday defended the decision not to file an appeal against the acquittals in the 2007 Samjhauta Express blast case, stating that the chargesheets filed under the UPA regime did not have any substantial proof. Replying to a debate in …
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