When is PARAKRAM DIWAS celebrated?

PARAKRAM DIWAS: The government of India has decided to celebrate the birthday of Netaji Subhas Chandra Bose on the 23rd day of January every year as ‘PARAKRAM DIWAS’. The objective is to remember Netaji’s indomitable spirit and selfless service to the nation and to inspire people of the country, especially the youth, to act with […]

Desert Knight-21 : Indo-French Joint Exercise

Indo-French Joint Exercise Desert Knight-21: Indian Air Force (IAF) and French Air and Space Force will conduct a bilateral Air exercise, Ex Desert Knight-21 at Air Force Station Jodhpur from 20 to 24th Jan 2021. The exercise is unique as it includes fielding of Rafale aircraft by both sides and is indicative of the growing […]

What is Open-RAN (Radio Access Network)

Open-RAN (Radio Access Network): Telecom Regulatory Authority of India (TRAI) Chairman said that use of Open-RAN (Radio Access Network) and software-defined telecom networks will open new opportunities for Indian entities to enter into the network equipment market. Open-RAN is not a technology, but rather an ongoing shift in mobile network architecture that allows networks to […]

What is Carbon Sequestration | Its Types

Carbon Sequestration: There has been increasing investments to develop technology in the field of Carbon Sequestration and fight the menace of climate change. As Global Warming accelerates and society continues to emit greenhouse gases, the idea is gaining of investing in artificial techniques of Carbon Sequestration. According to the Intergovernmental Panel on Climate Change, nations […]

1st National Conference of States on Logistics

1st National Conference of States on Logistics: Union Minister of Commerce & Industry Piyush Goyal addressed the 1st National Conference of States on Logistics. He said that National Logistics Policy, which is under consultation, along with the National Logistics Council and State Logistics Coordination Committee, will work as a template for better coordination and integrated […]

Who Are Shadow Entrepreneurs?

Shadow Entrepreneurs: There has been a global rise of shadow entrepreneurship, in various sectors such as education (certificates), finance (for easy loans), the betting economy (online games) and healthcare (e-pharmacies). Shadow entrepreneurs are individuals who manage a business that sells legitimate goods and services but they do not register their businesses. This means that they […]

Systemically Important Banks (SIBs)

Systemically Important Banks (SIBs): The Reserve Bank of India (RBI) has retained State Bank of India, ICICI Bank and HDFC Bank as Domestic Systemically Important Banks (D-SIBs) or banks that are considered as “too big to fail”. Systemically Important Banks (SIBs): Some banks, due to their size, cross-jurisdictional activities, complexity, lack of substitutability and interconnectedness, […]

Insolvency and Bankruptcy Code : Constitutional Validity

Constitutional Validity of the Insolvency and Bankruptcy Code The Supreme Court (SC) has upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC) (Amendment) Act, 2020. In its August 2019 order, the SC had upheld the government decision to grant home-buyers the status of financial creditors. Financial creditor: It means any person to whom […]

Supreme Court Directive on Quota in Promotions

Supreme Court Directive on Quota in Promotions The Supreme Court asked the Attorney General to compile the various issues being raised by States with regard to the application of a Constitution Bench judgment of 2006 in the M. Nagaraj case. The directive is based on a plea by the Centre to refer to a seven-judge […]