GS-III

The outbreak of Kyasanur Forest Disease, also known as monkey fever, at Sharavathi river valley in Sagar taluk is likely to dent the tourism prospects of the region. The Department of Forest and Wildlife has also closed its nature camp at Muppane in Sharavathi Wildlife Sanctuary. Source : https://www.thehindu.com/todays-paper/monkey-fever-outbreak-likely-to-hit-tourism/article25886302.ece

Price of cloth bags shoot up from Rs. 3 to Rs. 50, say sellers Day one of the ban on single-use plastics in the State on Tuesday witnessed the hiking of prices of alternatives such as cloth bags and banana leaves, sale of non-woven bags as permissible, many hotels and …

We’ll take a call after the judicial process is completed, says Prime Minister Prime Minister Narendra Modi on Tuesday made it clear that any decision on bringing an ordinance on the construction of a Ram temple in Ayodhya could be considered only after the judicial process got over. In an …

Buoyed by over 36% of its procurement coming from micro and small enterprises (MSEs), power giant NTPC has pitched for their universal registration for supplies to all CPSUs. “To promote ease of doing business for MSEs, NTPC chairman Gurdeep Singh has proposed a single window registration for MSEs across CPSUs,” …

Tasked with helping recover unpaid corporate loans, the National Company Law Tribunal (NCLT) has helped resolve insolvency and bankruptcy proceedings involving more than Rs. 80,000 crore in 2018. The kitty is expected to swell beyond Rs. 1 lakh crore in 2019 with several big-ticket default cases pending. Plans are afoot …

Gold exchange-traded funds (ETFs) continue to lose steam, with investors pulling out Rs. 280 crore during the April-November period of the current fiscal, preferring to invest in equities despite volatile markets. In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs. 511 crore in the first eight months of …

The year 2018 has been one of disruption for the banking industry. A tough loan default classification rule by the Reserve Bank of India (RBI), the out-of-the-blue IL&FS (Infrastructure Leasing and Financial Services) imbroglio and the spat between the government and the central bank have combined to make 2018 a …

For the Indian equity markets, year 2018 will end as the worst in terms of foreign money outflows since 2008 when markets across the globe were reeling under the sub-prime crisis and Lehman Brothers filed for the largest bankruptcy in history. In the Indian context, 2018 would also be only …

Commercial banks, under the prompt corrective action (PCA) framework of the Reserve Bank of India (RBI), are sitting on a pile of cash as they don’t have too many options to lend, even as the banking system is scrambling for liquidity. The 11 public sector banks under the PCA, enjoying …

The zoo here was closed on Tuesday “until further orders” after strains of avian influenza virus were found in six dead peacocks, forest officials said. Joggers and Christmas revellers were in for disappointment as they found the gates of the ‘Sanjay Gandhi Jaivik Udyan’ shut with notices affixed on the …