01-July-2016

the hindu
1.WB offers $1 billion aid for solar projects.

The World Bank on Thursday announced $ 1 billion in support of India’s ambitious solar generation plans, its largest financing of solar projects for any country in the world.  read more

2.A filip to growth, and maybe inflation.

The Cabinet’s decision to raise salaries and pensions for more than one crore government employees and pensioners by implementing the Seventh Pay . read more

3.A Himalayan balancing act.

The great Himalayan Divide between India and China was in evidence last week following the Chinese refusal to support India’s case for entry into theNuclear Suppliers Group  read more

4.Don’t merge loss-making banks, privatise them.

The final results of the public sector banks (PSBs) for fiscal 2015-16 have been declared. The results, as expected, were poor and the government, being owner of PSBs  read more

5.’The one bright spot is India’.

World Bank President Jim Yong Kim, on a two-day visit to the country, says India is “a bit of an exception” in the sense that it has bucked the global trend of sluggish growth  read more

6.Is FDI really a gift horse.

In less than a year, the Government of India has announced yet another set of “radical changes” in foreign direct investment (FDI) policies  read more

7.MHA opposes visa-free entry.

Ministry of Home Affairs has informed the Prime Minister’s Office (PMO) that they were against a proposal to allow “visa-free” entry to business visitors and tourists from eighteen key countries, including China. read more

8.Gays,Bisexuals not third gender:SC.

Over two years after recognising transgender people as a “third gender” in a historical judgment to ensure them a dignified life, the Supreme Court on Thursday clarified to the Centre that its verdict did not include lesbians, gays and bisexual persons under the category of ‘transgenders’.  read more

9.Core sector growth slows to 2.8% in May.

Eight core sectors of the economy posted a 2.8 per cent year-on-year growth in May, the slowest pace since 2.9 per cent in January, due to a decline in output of refinery and steel products. read more

tio
1.India tests new missile developed with Israel’s help.

BALASORE (Odisha): India on Thursday successfully test fired a new surface-to-air missile, developed jointly with Israel, from a defence base off Odisha coast. read more

2.Infra sector growth slips to five month low in may.

NEW DELHI: Infrastructure sectors grew at five-month low rate of 2.8 per cent in May  read more

3.No Free Hikes

The fallout of the Seventh Pay Commission’s recommendations, unlike preceding occasions, will not immediately stress government budget  read more

tie
1.Policy to fork open quota in minority schools.

CHENNAI: Government-aided minority schools will be asked to reserve 25 per cent of their seats for students from economically weaker sections, hinted the draft of read more

2.SC ruling loud and clear: Quota for T,not for LGB

NEW DELHI: The Supreme Court on Thursday refused to modify its 2014 order on transgenders clarifying that lesbians, gays and bisexuals are not third gender. read more

3.Pay Hike should be based on Performance.

The reactions to the Union Cabinet’s decision to accept the Seventh Pay Commission recommendations show how true the saying that while human needs .read more

4.Rajan pitches for a longer tenure of central bank head.

NEW DELHI: As Raghuram Rajan is set to return from the Mint Street to academics after his three-year tenure ending September 4, the outgoing Reserve Bank of India Governor met Finance Minister Arun Jaitley here on Thursday.read more

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