Featured Current Affairs

An amendment to Medical termination of pregnancy act is pending in Parliament. Several cases have come to the Supreme court asking it grant permission to abort over 20 week old foetus. Parliament needs to take up the long-pending bill on updating provisions for abortion so that decision regarding health of expectant mother and foetus is […]

The insolvency and Bankruptcy Code which makes it easier to wind up operations of a company has been in the news for some time. Let’s have a look at what it is. What do you mean by insolvency and bankruptcy? Insolvency is the inability to pay the debts owned and Bankruptcy is a legal status […]

The Genetic Engineering Appraisal Committee (GEAC), India’s apex regulator for genetically modified seeds, cleared GM mustard for environmental release and use in farmer fields. Here is all you want to know about GM mustard What is GM mustard or Dhara Mustard Hybrid – 11? DMH 11 is genetically modified mustard which has been developed by […]

What are NPAs/ Non Performing Assets? As per RBI circular,  non ­performing asset (NPA) is a loan or an advance where; interest and/ or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan, the account remains ‘out of order’, in respect of an Overdraft/Cash Credit (OD/CC), […]

What are the new GST rates for GOODS? The Goods and Services Tax (GST) has been one of the key things that has caught the attention of the market given its implications on earnings of companies and expenditures of consumers. The government has kept a large number of items under 18% tax slab.  The following […]

The bilateral investment treaty that India has with several countries will lapse on March 31 which can impact the arrival of FDI to India What is a Bilateral Investment treaty? A bilateral investment treaty (BIT) is an agreement establishing the terms and conditions for private investment by nationals and companies of one country in another country (For Foreign Direct investments). […]

Indus Waters Treaty The Indus Waters Treaty is a water-distribution treaty between India and Pakistan, brokered by the World Bank (then the International Bank for Reconstruction and Development). Why Indus Waters Treaty was signed? The redrawing of boundaries between India and Pakistan at the time of independence was done across the Indus river basin. A dispute between two countries regarding the utilization of irrigation […]

Union Finance Minister Arun Jaitley presented the Union Budget 2017 in Parliament on 1 st February. The Union budget comprises of measures to improve economic growth, social and economic reforms as well as relief to income tax payers (the middle class). The focus will be on energizing youth to reap benefits of growth and employment. […]