06-05-2017

the hindu
1.Space bonding hits a new high.

South Asia Satellite or GSAT-9, termed India’s technology largesse from the sky to the peoples of the region, was flown into space on a GSLV rocket at 4.57 p.m. on Friday.  read more

2.Govt.arms RBI to crack down on NPAs

The Centre on Friday authorised the Reserve Bank of India to take tough actions to crack down on the rising bad loans on the books of public sector banks, after President Pranab Mukherjee signed off on an ordinance late on Thursday to amend the Banking Regulation Act of 1949, empowering the central bank to deal with the menace more effectively. read more

3.Set up database of orphanages,SC tells govt.

The Supreme Court on Friday passed a slew of directions, including setting up of a database of children living in orphanages and child care institutions to ensure their safety and welfare.  read more

4.When mainstream politicians tinkers,populists win.

The opponents of Brexit, Donald Trump and Marine Le Pen are often more disappointing than their supporters.  read more

5.Centre moots 3 levels of ban for unruly flyers.

The Centre on Friday proposed guidelines allowing domestic airlines to ban unruly passengers for a period ranging from three months to a lifetime.  read more

6.SC cautions against delay in enacting anti-torture law.

The “tough” peer review India faced at the United Nations Human Rights Council became the point of discussion in the Supreme Court on Friday with the Chief Justice of India cautioning the government against delay in enacting human rights laws, especially the long-pending anti-torture statute, in national interest.  read more

7.Possible to meet general government debt-to-GDP target by 2023,says Das.

The Centre is confident that the 2023 goal of a debt-to-GDP ratio of 60% for the Union and State governments combined can be achieved thus meeting a key recommendation of the N.K. Singh-headed fiscal discipline panel, according to Economic Affairs Secretary Shaktikanta Das.  read more

8.New terms for PSBs seeking capital: FM

Public sector banks seeking fresh capital from the Centre would have to commit to reform their own operations and take immediate steps to improve their balance sheet position, the government said on Friday.  read more

9.Novel molecule to treat cancer.

A novel small molecule, designed and synthesised by Indian researchers, has shown promise in targeted killing of cancer cells.  read more

tio
1. Isro's GSAT puts India's space diplomacy in desired orbit.

New Era of Regional Integration Bengaluru: Indian Space Research Organisation (Isro) on Friday put India’s space diplomacy into the orbit which PM Narendra Modi had desired three years ago, with the successful launch of the South Asia Satellite, marking a new era in regional communication and integration.   read more

2. The Business Of Government

This past week the Cabinet Committee on Economic Affairs (CCEA) decided to disinvest three hotels run by the India Tourism Development Corporation (ITDC). Hotels in Bharatpur (Rajasthan), Guwahati (Assam) and Bhopal (Madhya Pradesh) will be handed over to the respective state governments ­ actual owners of those properties.  read more

3. RBI gets power to act against defaulters

The government on Friday promulgated an ordinance empowering the Reserve Bank of India (RBI) to issue specific instructions to banks to act against defaulters and also initiate bankruptcy and insolvency proceedings under the law, while promising more steps to ensure that banks get cracking on tackling bad debt amounting to over Rs 6 lakh crore.  read more

tie
1.Lessons from a radicalised neighbour.

Attending a conference on radicalisation in God’s own country recently, one was struck by both the concern as well as confusion about its rapid spread in certain sections of society in India, especially in Kerala.  read more

2.India’s gift to the region takes off.

India’s ‘gift to the region’, GSAT-9, better known as the South Asia Communication Satellite took to the skies from the Satish Dhawan Space Centre at Sriharikota Friday evening.   read more

3.Govt will work with Reserve bank to resolve bad loans issue: Jaitley.

The government will work closely with the Reserve Bank of India  (RBI) to resolve expeditiously the problem of certain loans not getting repaid to banks, resulting in their bad performance, Finance Minister Arun Jaitley said here on Friday. read more

4.Banks pinhopes on RBI to fix NPA mess.

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