Daily Archives: February 22, 2023

INDIA AND EL NIÑO FORECAST

India is experiencing a colder than normal winter thanks to the north-south winter flow set up by the climate phenomenon known as La Niña. The La Niña itself is going on for a record-breaking third consecutive year. Now, forecasts for the 2023 fall and winter are predicting that there is …

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VOSTRO ACCOUNTS

Last week, government officials informed that 20 Russian banks, including Rosbank, Tinkoff Bank, Centro Credit Bank and Credit Bank of Moscow have opened Special Rupee Vostro Accounts (SRVA) with partner banks in India. All major domestic banks have listed their nodal officers to sort out issues faced by exporters under …

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CHILDREN RIGHT TO PROTECT THEIR GENETIC DATA

The Supreme Court has held in a judgment that children cannot be mechanically subjected to DNA tests in each and every case between warring parents as a short-cut to establish proof of infidelity. “Genetic information is personal and intimate,” a Bench of Justices V. Ramasubramanian and B.V. Nagarathna observed in …

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UNGA RESOLUTION ON RUSSIAN WAR

France is in talks to convince India to shift its position on the Russian war in Ukraine a year into the conflict, urging the Narendra Modi-led government to vote for a United Nations General Assembly (UNGA) resolution due to be tabled this week that will call for a cessation of …

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DEFENCE TECH IN INDIA

Earlier this month, the U.S. and India inaugurated their initiative on critical and emerging technologies (ICET). The promise of this initiative, if fulfilled, could have a transformative impact on India-U.S. relations. Since the 1960s, India has made many attempts to jump on the U.S. technology bandwagon. But all of them …

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DIVIDE BETWEEN THE RURAL AND THE URBAN GROWTH

The divide between the rural and the urban has grown due to an inherent urban bias among policymakers and institutions, including the government. This happens because groups in urban areas are able to effectively influence these institutions in their favour. Second, the spill-over from markets in urban areas is also …

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INDIA NEEDS A BUDGET FOR ITS YOUNG

The world is indeed looking up to the Indian economy as a ‘bright star’, as the Finance Minister noted in the Budget speech on February 1. In 2020, India accounted for 20.6% of the worldwide population of 15 to 29 year olds. Which means that in the years ahead, one …

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‘CORRUPT ACT’ – REPRESENTATION OF PEOPLE ACT, 1951

The Supreme Court observed that no one in India votes for a candidate based on their educational qualifications. Thus, providing false information about a candidate’s educational qualifications cannot amount to a “corrupt The Supreme Court refused to interfere with the Allahabad High Court’s order of dismissal regarding the original petition. …

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INDIA’S UPI AND SINGAPORE’S PAYNOW ARE NOW INTEGRATED

The project to link both the fast payment systems was initiated in September 2021 to facilitate faster, more efficient and transparent cross-border transactions relating to trade, travel and remittances between the two countries. The move will also help the Indian diaspora in Singapore, especially migrant workers and students through instantaneous …

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OVERFISHING, POLLUTION

Although the high seas make up more than half of the surface of the Earth and 61% of all oceans, only 1% of international waters are under protection. Illegal fishing, overfishing and other forms of damage to the ecosystem, such as deep-sea mining, oil and gas drilling, can hardly be …

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