GS-III

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 …

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. …

On the direction of the Ministry of Human Resource Development, the Central Board of Secondary Education (CBSE) said on Tuesday it has decided to restore the practice of charging only Rs. 50 from Scheduled Caste and Scheduled Tribe students of Delhi government and aided schools. The CBSE had recently hiked …

Assam Public Works, the NGO whose petition made the Supreme Court start the exercise to update the National Register of Citizens (NRC) in 2013, has resented the rejection of its plea for 100% re-verification of documents of the applicants. The court on Tuesday declined to reopen the process to conduct …

Global weakness on account of the crash in Argentina’s peso, the continuing political unrest in Hong Kong and the long-drawn U.S.-China trade war led to the Indian benchmarks losing heavy ground on Tuesday, even as strong gains in Reliance Industries (RIL) helped the indices limit the day’s losses.The 30-share Sensex …

Chief Justice of India Ranjan Gogoi, heading the Constitution Bench hearing the Ayodhya appeals, said on Tuesday that the Supreme Court is not in a hurry. Lawyers need not feel constrained and can argue to their heart’s content. The top judge said lawyers on both sides could raise their arguments …

Still a month away from its scheduled landing on the moon, Chandrayaan-2 on Tuesday had its orbit slung further towards the moon at 1.42 lakh km from the earth. “The next manoeuvre is the Trans Lunar Insertion (TLI), which is scheduled for August 14 between 3 p.m. and 4 p.m.,” …

The formation of the Union Territory of Ladakh under the Jammu and Kashmir Reorganisation Bill, 2019, is an internal affair of India, and India expects other countries to avoid commenting on its internal developments, an official of the Ministry of External Affairs said on Tuesday. The Indian response came after …

After a strong uptrend in June, the prices of gold and silver in the international market remained largely range-bound in July. Though the precious metals managed to eke out marginal gains on a month-on-month basis, the strength in the U.S. dollar arrested the scope for significant gains. Comex gold futures …

‘Many were affected by Assam Accord’ A coordination committee of the indigenous groups in Assam has demanded the reservation of 21 “immigrants-controlled” Assembly seats for indigenous communities. It also sought the formation of a Legislative Council to let numerically weaker communities be represented in the 126-member Assembly. “Many indigenous groups …