GS-III

Maratha quota is a betrayal: OBC groups

‘The community can’t be included in SEBC category’ A day after Maharashtra Chief Minister Devendra Fadnavis announced a new Socially and Educationally Backward Class (SEBC) category under which Marathas will be given reservation, organisations of the Other Backward Classes (OBCs) said on Monday that this was an attempt to give …

Read More »

RBI carries the bat

The Reserve Bank of India seems to have carried the day, after all, in Monday’s marathon 9-hour board meeting. Going by the brief statement that it put out, of the six deliveries that it had to play, the RBI has shouldered arms to two — PCA relaxation and capital framework …

Read More »

Talks on with 150 nations to reform WTO: Prabhu

Multilateral trading system is under stress, says Minister Commerce Minister Suresh Prabhu on Monday said he was in talks with at least 150 countries to work out the way forward for reforming the World Trade Organisation (WTO). He said that the multilateral trading system was under stress and a number …

Read More »

Army selects Russian Igla-S missile

India has picked Russia’s Igla-S missile system as the choice for the Army’s multibillion dollar contract for man-portable air defence systems, officials said on Monday. “The Igla-S bid from Rosoboronexport of Russia has been declared the L1 in the Very Short Range Air Defence (VSHORAD) deal,” said a defence official …

Read More »

Govt., RBI call truce after board meeting

“The Board also advised that the RBI should consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs. 250 million [Rs. 25 crore] , subject to such conditions as are necessary for ensuring financial stability,” the RBI said. On the …

Read More »

Maratha quota is a betrayal: OBC groups

‘The community can’t be included in SEBC category’ A day after Maharashtra Chief Minister Devendra Fadnavis announced a new Socially and Educationally Backward Class (SEBC) category under which Marathas will be given reservation, organisations of the Other Backward Classes (OBCs) said on Monday that this was an attempt to give …

Read More »