GS-III

NHAI to raise Rs 10,000 cr through Bharatmala bonds

The National Highways Authority of India (NHAI) plans to raise Rs. 10,000 crore through Bharatmala Taxable Bonds in the current fiscal, Parliament was informed on Thursday. Highways Minister Nitin Gadkari said as per the internal and extra budgetary resources approved for 2018-19 by the government, Rs. 62,000 crore is to …

Read More »

‘Printing of Rs. 2,000 notes reduced to minimum’

The printing of Rs. 2,000 banknotes, introduced post-demonetisation in November 2016, has been reduced to “minimum” by the Reserve Bank, a top finance ministry official said on Thursday.Soon after the sudden decision to ban old Rs. 500/1000 currency notes by the government, the Reserve Bank of India had come out …

Read More »

Global headwinds continue to spook Indian markets

Global headwinds continued to hit Indian equities for the second consecutive session on Thursday as the benchmark Sensex and Nifty lost more than 1% each with investors reeling under concerns of an economic slowdown.The 30-share Sensex lost 377.81 points or 1.05% to close at 35,513.71. The broader Nifty ended the …

Read More »

E-way bill system changes confusing, say transporters

The government’s decision to make some changes to the e-way bill system effective November 16, 2018, has not gone down well with transporters, who claim that it has not been communicated properly and has led to ‘complete confusion’.“When A sells a material to B, he raises an invoice and subsequently …

Read More »

Object of IBC paramount, says NCLT

The Mumbai Bench of the National Company Law Tribunal (NCLT) has observed that rejection of a resolution plan on technicalities, without going into its merits, goes against the spirit of the Insolvency and Bankruptcy Code.Hearing the case of the applicant Omkara Assets Reconstruction Private Limited, the applicant, against the Interim …

Read More »

‘SC verdict has settled Rafale issue’

The Supreme Court verdict has settled all questions on the Rafale deal, External Affairs Minister Sushma Swaraj told the Rajya Sabha, leading to a walkout by Congress members on Thursday.Ms. Swaraj was answering a question from Shiv Sena MP Sanjay Raut who asked her about the recent visit of French …

Read More »

‘Committee on Assam Accord a poll gimmick’

The Narendra Modi government’s move to form a high-level committee for the effective implementation of Clause 6 of the 1985 Assam Accord has been labelled a “poll gimmick” by political parties and organisations in Assam.Clause 6 of the Assam Accord seeks to provide “constitutional, legislative and administrative safeguards” to “protect, …

Read More »
Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates