GS-III

Tata Steel product mix set to expand

Tata Steel’s decision to acquire Usha Martin’s one million-tonne steel business for a cash consideration of up to Rs. 4,700 crore would lift the company’s volume of long products by 24% and expand its product mix, analysts say. Usha Martin’s alloy long steel products cater to higher value-added automotive and …

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Amazon arm backs data localisation

We can assure the government that all data we have stays in the country, says AWS’ Peter Moore The government has the right to ask that sensitive data be stored locally, a senior official of Amazon Web Services (AWS) has said. The statement comes amid opposition from experts and foreign …

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PM to inaugurate Sikkim’s first airport Monday

Prime Minister Narendra Modi on Sunday said he would inaugurate the first airport in Sikkim at Paykong on Monday and that it will improve connectivity, benefitting the people of the State. Source : https://www.thehindu.com/todays-paper/tp-national/pm-to-inaugurate-sikkims-first-airport-monday/article25024133.ece

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WhatsApp appoints grievance officer

Details process to flag complaints Under pressure to clamp down on fake messages, WhatsApp has appointed a grievance officer for India and has detailed out the process for users to flag concerns and complaints, including those around fake news. Meeting one of the key demands that India had put forward …

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We’ve junked vote-bank politics: PM

Says his govt. wants to empower the poor people Prime Minister Narendra Modi on Sunday targeted previous governments, saying that they looked at poor people as a “vote-bank” while throwing freebies at them to win elections. “We have junked vote-bank politics as our motto has been Sabka Saath, Sabka Vikas …

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PM launches Ayushman Bharat

Calls scheme a global ‘game changer’ Prime Minister Narendra Modi launched the mega healthcare scheme Ayushman Bharat, also known as the Pradhan Mantri-Jan Aarogya Yojana (PM-JAY), from Ranchi in Jharkhand on Sunday and declared the scheme would be a “game changer” globally in health insurance. Vote bank He also hit …

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do Mudra loans have credit risks?

What is the problem? Former RBI Governor Raghuram Rajan, in his report to Parliament recently, said that while non-performing assets stemming from corporate loans are a current problem, the government should focus on sources of the next crisis. In particular, he warned, the government should refrain from setting ambitious credit …

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