GS-III

Sex offenders’ registry launched with 4.4 lakh entries

The first-of-its-kind database has records of convicts from 2005 The first-of-its-kind national sex offenders’ registry launched on Thursday has names and details of some 4.4 lakh people convicted for various sexual offences across the country. The database is for those convicted for sexual offences 2005 onwards. It includes name, address, …

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‘Forgotten switch’ leads to on-flight scare

Jet Airways passengers suffer nosebleed, headache after cabin pressure drops Nearly 30 passengers on board a Jet Airways plane bound for Jaipur suffered nose-bleed and many others complained of headache during takeoff from Mumbai on Thursday after the pilots allegedly forgot to switch on a button that helps maintain cabin …

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BSE, NSE get SEBI nod for commodity segment

The Securities and Exchange Board of India has given the regulatory go-ahead to BSE and NSE to start their respective commodity derivatives segments. Both bourses plan to start the new segment from October 1. Interestingly, both the equity exchanges plan to start with non-agriculture commodities like metals and bullion, and …

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Insolvency cases: SC to decide when to step in

May have to lay down laws: apex court The Supreme Court on Wednesday said it would have to lay down some laws on what stage the adjudicating authority, appellate authority and the apex court could interfere in insolvency resolution proceedings. A Bench of Justice Rohinton Fali Nariman and Justice Indu …

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‘Liquidity issues at ILFS credit negative for banks’

Debt accounts for 0.5%-0.7% of overall bank loans: Moody’s Rising liquidity issues in Infrastructure Leasing & Financial Services (IL&FS) are credit negative for Indian banks and debt market, Moody’s Investors Service said in a report. “As of 31 March 2018, debts incurred by IL&FS in the form of bank loans …

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Rationalisation of CS schemes mooted

Many Centrally Sponsored Schemes are boutique in nature, with ‘dubious’ outcomes: N.K. Singh Several Centrally Sponsored Schemes (CSS) are just boutique in nature with ‘dubious’ outcomes, the 15th Finance Commission of the Union Government has noted while calling for urgent rationalisation of the CSSs. The pruning of such schemes would …

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