08-05-2017

the hindu
1.Macron set to be France’s youngest President.

Flag-waving crowds in front of the Louvre in central Paris on Sunday night broke into jubilant cheers as the first exit polls emerged, predicting centrist and independent candidate Emmanuel Macron’s victory in a bitterly fought presidential election.  read more

2.Turkish delight turned sour.

Turkish President Recep Tayyip Erdoğan’s state visit to India last week was expected to open a new page in bilateral relations, which have traditionally alternated between formal and lukewarm, at best. The reason is simple. read more

3.This time with feeling.

The Centre has empowered the Reserve Bank of India to get banks to take tougher steps, including insolvency and bankruptcy proceedings against defaulters, to address the growing volume of bad loans on their books..  read more

4.Space for all.

By launching the GSAT-9 ‘South Asia satellite’, India has reaffirmed the Indian Space Research Organisation’s scientific prowess, but the messaging is perhaps more geopolitical than geospatial.  read more

5.Decoding the doctrine.

Surgical strikes”, probably the most abused term of 2016, are now the new norm. The Joint Doctrine of the Indian Armed Forces 2017, released in April, has formally embedded them as a part of sub-conventional operations — meaning that from now on, they are among a range of options at the military’s disposal to respond to terrorist attacks.  read more

6.Chaos in Venezuela.

Venezuela is reeling under a severe economic crisis, one that has spilled over into its politics. Massive protests have erupted against President Nicolás Maduro with growing demands for his ouster through fresh elections.  read more

7.Northeast a major gateway,says Modi.

The Union government aims to make northeast India a gateway to Southeast Asia and is making huge investments for the overall development of the region, but lack of cleanliness can hamper this dream, Prime Minister Narendra Modi said on Sunday.  read more

8.FATCA:Deadline,procedure and details.

The Foreign Account Tax Compliance Act (FATCA) is a United States federal law that requires United States persons, including U.S. citizens who live outside the United States, to report their financial accounts held outside of the U.S., and requires foreign financial institutions to report to the Internal Revenue Service (IRS) about their U.S. clients.  read more

9.Time for a digital Indian Rupee.

With a vision to place India on the digital India landscape, the country is beginning to understand transformative agenda like demonetisation by the government. Digital transactions have soared with Net banking, credit cards, digital wallets, payment gateways, Aadhaar pay, PPI, UPI, payments bank and BHIM since demonetisation.  read more

tio
1. Strategic partnership' rule for pvt cos in defence soonStrategic partnership' rule for pvt cos in defence soon

The defence ministry is looking to finalise the much-touted but long-delayed “strategic partnership (SP)“ policy for private sector participation in defence production in the country .   read more

2.A first Step.

Credit is the lifeblood of a modern economy. When primary dispensers of credit, banks, struggle the fallout encompasses the entire economy .  read more

3. Court appears to be engaging in unrestrained judicial overreach ... uncertainty around policy because of SC interventions’

Some recent Supreme Court judgments, which have had a significant impact on policy issues, have triggered a debate on its powers. AP Shah, former chief justice of Delhi high court and former law commission chairman, spoke to Sanjiv Shankaran on the issue and the apex court’s fundamental role.  read more

tie
1.Medicine in the dark age of money.

This is the latest whiz kid among cardiac stents. Nowhere else in the world you will have a stent like this. I have done 56 so far. No complications at all, affordable too.  read more

2.Swachh Bharat must also bat for those who clean our cities.

It was a May Day with a difference. Several hundred municipal workers had converged on Mumbai’s sprawling Azad Maidan with their wives and children to celebrate the success of their 10-year legal battle. read more

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