GS-III

‘Big bird’ to take Internet to villages

India’s first six-tonne-class ‘big bird’ in space, advanced communication satellite GSAT-11, was put into orbit in the early hours of Wednesday from the European spaceport in Guiana in South America. Its mission is to enable high-speed satellite-based Internet services to users in rural and remote areas and to businesses down …

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Demonetisation pushed up direct tax collections: CBDT

Centre expects receipts to exceed the budgeted target this year, says chairman Demonetisation was beneficial in terms of increasing the tax base as well as increasing direct tax collections, Central Board of Direct Taxes Chairman Sushil Chandra said on Tuesday. The government expects to exceed the budgeted target for direct …

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‘No legal import to the PSU tag’

Facing a public outcry, J&K Governor Satya Pal Malik on Tuesday said “the word Public Sector Undertaking (PSU)” for the J&K Bank had no legal connotation. Former State Finance Minister Haseeb Drabu, however, said the Governor’s statement reflected “utter ignorance”. “J&K Bank is registered as a Government company under the …

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Winter to be warmer than normal: IMD

Winter is likely to be warmer than average, with fewer ‘cold wave’ days between December and February, according to a forecast by the India Meteorological Department. The forecast suggests that ‘above normal’ seasonal minimum temperatures (>0.5° C) are most likely over most of the subdivisions of the country. However Jammu …

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India’s Bhutan hydel project ready

Cooperation in Mangdechhu power project a sign of strong ties: Vijay Gokhale India is expected to commission a major hydropower project in Bhutan in the coming weeks, Foreign Secretary Vijay Gokhale said on Tuesday. Delivering a speech on India-Bhutan relations, the top diplomat said cooperation in the hydropower sector was …

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Accounting methods of climate fund questioned

Only 12% of pledges have materialised: Ministry paper The Finance Ministry has issued a ‘discussion paper’ that has criticised the accounting methods used by developed countries to report how much money they have given, so far, to developing countries to address climate change. Accounting procedures, regarding the flow of climate …

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Sri Lankan court restrains Rajapaksa

While their manoeuvre in the legislature proved inadequate to oust Mr. Rajapaksa’s disputed government, Monday’s appeal court order delivered a legal blow to the legitimacy that the Rajapaksa camp claims. On November 13, the Supreme Court stayed Mr. Sirisena’s dissolution of Parliament and restrained the Election Commission from preparing for …

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NGT levies Rs. 25 cr. penalty on Delhi

Amount to be deposited with CPCB The National Green Tribunal (NGT) on Monday directed the Delhi government to deposit an environmental compensation of Rs. 25 crore with the Central Pollution Control Board (CPCB) for failing to curb air pollution in the Capital. A Bench headed by NGT chairperson Justice Adarsh …

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5.8-tonne GSAT-11 ready for launch

A part of ISRO’s new satellite fleet for high-speed Internet services, it will take off from French Guiana A team of top officials and engineers of the Indian Space Research Organisation (IISRO), now stationed in the Guiana Space Centre, South America, is going over the last steps before it sees …

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Panel to look at selling OIL, ONGC fields

The government has constituted a six-member committee to look at selling as many as 149 small and marginal oil and gas fields of state-owned ONGC and Oil India to private and foreign companies to boost domestic output, sources said.The panel is headed by NITI Aayog Vice Chairman Rajiv Kumar and …

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No local currency trade with India: China

China has not accepted India’s proposal to carry out bilateral trade in local currencies, which was aimed at bridging the ballooning trade deficit with the neighbour, an official said.India’s exports to China stood at only $13.4 billion and imports aggregated to $76.4 billion in 2017-18, leaving a trade deficit of …

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