Have you ever wondered . When your smart phone`s screen gets damaged and you want to get a replacement. The new screen cost you about 65% to even more than cost of mobile and you wonder how can this be possible. You would be amazed to know this is due to just one term Inverted …
Inverted Duty Structure | How cost of mobile Phone spare parts can be more than it ? Read More »
Tax to GDP ration in India is one of the lowest in the growing economies . Then it would not be wrong to say India is “a tax non-compliant society and too many people evade taxes”. Here we are not becoming pessimistic but we need to acknowledge the ground realities. The fact is that …
Courtesy- Money Control In India ,People are very skeptical about inflation or say “mahegai“. They tend to have their own standard on deciding the general inflation rates that affect them directly. They general measure inflation in terms of change in retail prices of basic commodities from a earlier price they were comfortable with. Well , …
Indian Navy aspires to be “Blue Water” navy in order to materialize this upcoming dream. Indian Navy is undergoing rapid modernization & up-gradation of its weapon and platforms to develop world class capabilities. It views its dominance in Indian ocean very critical not only to secure vast coastline but also to secure maritime routes, …
Scorpene Class Submarines | Blue water Indian Navy Read More »
India-Israel Relations- Prologue Israels Prime Minister Benjamin Netanyahu Visited India on a 6 day long State visit in January 2018. The visit was a follow up from Israel when PM Narendra Modi visited Israel on a historic visit back in July 2017. Isarel’s PM Netanyahu termed Israel’s relations with India as a “marriage made in …
Israel-India Relations , Israel`s PM Netanyahu Visit to India Read More »
Prologue Australia and India recently discussed the need to maintain the Asia-Pacific region as a “free” and “open” zone under the ‘2 plus 2’ dialogue model which includes the foreign and defence secretaries of both sides. What is the Asia-Pacific region? The Asia Pacific Region is an immense region, covering some 8 billion hectares of land area, or …
India-Australia-‘2 plus 2’ dialogue | Indo-Pacific Region Read More »
What are the Sustainable Development Goals? The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. These 17 Goals build on the successes of the Millennium Development Goals, while including new areas such …
Sustainable Development Goals – must read for UPSC civil service exam Read More »
Background According to the Human Rights Watch Report 2017, the ethnic cleansing campaign in Myanmar has been on since June 2012. It has become the most serious and widespread form of violence against the Rohingyas. This has led to a large-scale exodus of the Rohingya population to neighboring countries with a significant influx of Rohingyas …
Can Indian government deport Rohingya refugees ? Read More »
Introduction India is set to import iconic ‘Shinkansen’ bullet-train technology from Japan. The train runs from Mumbai to Ahmedabad known as Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. The Japanese government is financing 81 percent of the cost, with a $12 billion soft loan carrying an interest rate of 0.1 percent. Japan will also supplement the financing …
Context: The Union Cabinet has approved the setting up of panel of ministers, to decide on consolidation proposals for Public sector banks Introduction: The Finance Ministry is ready to provide capital support for facilitating consolidation among state-owned banks, which are reeling under mounting bad loans With this, the government seeks to …
Merger of Public Sector Banks in India Explained Read More »
The government has set itself a target of 100 GW of solar power by 2022, of which 60 GW is to come from utilities and 40 GW from rooftop solar installations. While the 60 GW target seems achievable, the country is lagging behind on the target set for rooftop solar. What is rooftop solar? …
Roof top solar power in India-challenges and opportunities Read More »
Context: The Union Cabinet chaired by Prime Minister Narendra Modi approved a new metro policy for expanding and regulating metro rail services in cities across India. Introduction: This is the first such policy prepared by the union since metro rail operations began in Delhi in 2002 Presently, metro projects with a total length of 370 …
Prologue Series of missile launches by the Democratic Republic of Korea (DPRK) or better known as North Korea in recent months have rattled the global capitals. Alam bells have gone off in Seoul, Tokyo, Washington, and Beijing.In the latest incident, North Korea test-fired 4 ballistic missiles, 3 of within 200 miles of the Japanese …
North Korea Nuclear Weapon and Missile Crisis Explained Read More »
In-Situ Conservation: -Story Behind We at times come across terms like a National Park or Wildlife Sanctuary or Biosphere reserve, even we visit them.Difficult comes when we are not able to call on the difference between this three terms.The terms are basically associated with the conservation of “Bio-Diversity” in principle.These 3 entities are classic …
National Parks ,Sanctuaries and Biosphere reserves Explained Read More »
What are Payments Banks? Definition: A payments bank is like any other Scheduled bank, but operating on a smaller scale without dealing with any credit risks (lending or credit giving business). In simple words, it can carry out most banking operations but can’t provide loans or issue credit cards to its customers. It can …
Payments Banks of India – Every thing you want to know Read More »