02-06-2017

the hindu
1.Jaitley blames services slump for drop in GDP

The slowdown in the GDP in the fourth quarter of 2016-17 was not solely due to demonetisation, Union Finance, Defence and Corporate Affairs Minister Arun Jaitley said on Thursday. Global factors and a slowdown in the services sector had played a part, he said. read more

2.India’s polar ship still a long way off.

India’s plans to acquire a ₹ 1,000-crore polar research vehicle (PRV) — a ship that can cut through ice sheets and glaciers — may see fresh delays. Though a Spanish ship-building company was roped in, in early 2015, the contract fell through, primarily due to escalated costs.. read more


3.Rajasthan leads in child marriages.

Even though there has been a decline in child marriage across the country, research by Young Lives in coordination with the National Commission for Protection of Child Rights (NCPCR) has revealed that Rajasthan has reported the highest incidence of child marriages..  read more

4.Pharma lobby strikes.

Pharmacies across the country went on a one-day strike this week to highlight their concerns about the threat from e-pharmacies, and the cost that will be imposed by new regulations on the sale of medicines..  read more

5.Back to basics.

India’s economy, measured by the gross domestic product, grew at 7.1% in 2016-17, the slowest pace since the National Democratic Alliance government came to office in 2014, and significantly lower than the 8% growth clocked in 2015-16 (revised data). .  read more

6.How to share intelligence.

The United States currently gives an impression of being at war with itself. This stems from a series of charges and counter charges levied against President Donald Trump and his advisers, including that of collusion with the Russians, who are accused of meddling with the presidential election..  read more

7.Dealing with stressed assets.

Non-performing assets, restructured loans and written-off assets — collectively called ‘stressed assets’ — have become a major challenge to the country’s banking system. To combat it, the government promulgated the Banking Regulation (Amendment) Ordinance, 2017 on May 4.  read more


8.Third gravitational wave merger detected.

The Laser Interferometer Gravitational-Wave Observatory (LIGO) detectors in the U.S. have detected yet another merger of two black holes on January 4, 2017.  read more

tio
1. Chaddha to be first Indian woman on law of sea tribunal

India is preparing to send its first woman as member of the International Tribunal of the Law of the Sea (ITLOS), the top body to rule on issues relating to a crucial international law where India has growing stakes., read more

2. A thumbs down for ease of doing business.

A task force entrusted with improving India’s ranking in the World Bank’s ease of doing business index is not very optimistic of any drastic change in 2018.  read more

3. GDP Slowdown

India’s economy , or gross domestic product, grew a disappointing 6.1% in the January-March quarter of 2016-17. .  read more

tie
1.Growth data trumps analysts yet again

One of the many oddities of government data these days is its unpredictability.  read more

Leave a Reply