GS-III

RBI may maintain status quo on rates

Slowing inflation is likely to prompt the monetary policy committee (MPC) of the Reserve Bank of India (RBI) to hold the key policy rate or the repo rate in the fifth bimonthly monetary policy review of 2018-19 scheduled for Wednesday.The retail inflation rate — the yardstick used by the RBI …

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Export dip, polls behind slowdown

While much of the slowdown in economic growth in the second quarter can be attributed to systemic and structural issues such as a base effect and the impact of rising oil prices, the impact of election season and the corresponding uncertainty on investment sentiment cannot be ruled out, according to …

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34 years after Bhopal leak, survivors continue fight

Thirty-four years after the Bhopal gas tragedy, survivors continue to demand proper rehabilitation, adequate compensation and proper medical treatment for ailments caused by the toxic leak.In what is termed as the world’s worst industrial disaster, over 15,000 people were killed after methyl isocyanate leaked on the intervening night of December …

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Mangroves mitigated Gaja’s impact

Muthupet in Tiruvarur district was among the coastal towns that faced the wrath of Cyclone Gaja. But considering the extent of the damage elsewhere, this town seems to have been spared the worst, thanks to its mangrove forests.“They functioned as a shield and broke the velocity of the wind. In …

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Tiger numbers on the rise

At a time when tiger deaths dominate national news, a new study offers hope for wild tiger populations across countries by showing that under optimal conditions, tiger numbers can triple in 18 sites across the world, including eight in India. These are Anamalai-Vazhachal (in Tamil Nadu-Kerala), Sathyamangalam (Tamil Nadu), Balaghat …

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G20 urged to act on fugitive offenders

India on Friday presented a nine-point agenda before G20 countries, calling for “strong and active cooperation” to deal with fugitive economic offenders comprehensively. Prime Minister Narendra Modi presented the agenda in the second session of the G20 Summit on international trade, international financial and tax systems here. “Cooperation in legal …

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New frigates to get BrahMos

The Defence Acquisition Council (DAC) on Saturday approved procurements estimated at Rs. 3,000 crore. These include BrahMos cruise missiles for two stealth frigates to be bought directly from Russia and armoured recovery vehicles for the Arjun tanks. “As a follow-up to the decision of the Cabinet Committee on Security in …

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Six new antibodies to combat Zika

Researchers, including one of Indian origin, have developed six Zika virus antibodies which may help diagnose as well as treat the mosquito-borne disease that has infected over 1.5 million people worldwide.The antibodies “may have the dual utility as diagnostics capable of recognising Zika virus subtypes and may be further developed …

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Leh, Kargil solar unit tenders likely

Leh, Kargil solar unit tenders likelyThe government is planning to issue tenders for 7,500 MW of solar projects in the Leh and Kargil region of Jammu and Kashmir (J&K) by December 15.As part of the initiatives under the National Solar Mission, the Ministry of New and Renewable energy (MNRE) has …

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NCLAT upholds Monnet Ispat’s coal pact termination

The National Company Law Appellate Tribunal (NCLAT) rejected a plea by the insolvency professional against Union Ministry of Coal’s termination of mining agreement with Monnet Ispat & Energy Ltd., citing the moratorium period under the insolvency and bankruptcy code (IBC).The company was brought under the insolvency process in a case …

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