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Nov282017 by albindiaNo Comments

HINDU NOTES-November 28 2017 [UPSC Current affairs]

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Hindu Notes from General Studies-02 Editorials are covered separately. HINDU NOTES are available free date wise| CLICK HERE India eases bilateral transfer pricing norms News In a move that could further improve India’s ease of doing business rankings, the Income Tax Department issued a clarification saying that it would allow mutual agreement procedures (MAPs) and advance pricing agreements (APAs) with all countries. Beyond News Abandoning a stance that disallowed such agreements with major trade partners like France, Germany, Italy, Singapore and South Korea. It has now agreed to entertain such APAs and MAPs, regardless of whether that clause was in the agreement or not. APAs are meant to settle potential disputes in advance, while MAPs lay out the procedure to settle a dispute once it has happened. The Central Board of…

Nov272017 by albindiaNo Comments

HINDU NOTES-November 27 2017 [UPSC Current affairs]

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Hindu Notes from General Studies-02 Editorials are covered separately. HINDU NOTES are available free date wise| CLICK HERE Why don’t you trust PM, Law Minister asks judiciary News In sharp criticism of the National Judicial Appointments Commission (NJAC) judgment which revived the Supreme Court collegium. Beyond News Article 124A of the Constitution, the Law Minister was an ex officio member of the NJAC and the Prime Minister was part of the three-member panel which nominated the two eminent persons to the NJAC. It was meant to give the political class an equal say in judicial appointments to the Supreme Court and the High Courts. Chief Justice of India Dipak Misra responded to Mr. Prasad by pointedly saying that the judiciary reposed as much trust in a popularly elected PM as the…

Nov252017 by albindiaNo Comments

HINDU NOTES-November 25 2017 [UPSC Current affairs]

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Hindu Notes from General Studies-02 Editorials are covered separately. HINDU NOTES are available free date wise| CLICK HERE India, Sri Lanka to expedite projects News Expediting decisions on joint projects and “solving the problems that have emerged” was at the top of the agenda as Sri Lankan Prime Minister Ranil Wickremesinghe met Prime Minister Narendra Modi, External Affairs Minister and President during his two-day visit to Delhi. Beyond News Among the projects discussed in particular were the plans for India to develop the Trincomalee harbour, including the Oil Tank farms project, as well as the Indian bid to lease and manage the Mattala airport in Hambantota. The emphasis on speeding up joint ventures comes after months where there is no movement on many of the pending decisions on joint ventures. The…

Nov242017 by albindiaNo Comments

HINDU NOTES-November 24 2017 [UPSC Current affairs]

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Hindu Notes from General Studies-02 Editorials are covered separately. HINDU NOTES are available free date wise| CLICK HERE President signs bankruptcy ordinance News President Ram Nath Kovind on Thursday gave his assent to the ordinance approved by the Union Cabinet to amend the Insolvency and Bankruptcy Code (IBC) to strengthen the regime. Beyond News The ordinance aims at putting in place safeguards by prohibiting wilful defaulters, those associated with non-performing assets (NPAs), and the habitually non-compliant, from regaining control of the defaulting company or stressed assets through the back door in the garb of being a ‘resolution applicant’. The amendments also provide for fine ranging from Rs. 1 lakh to Rs. 2 crore for those violating these norms. According to the statement, a new section has been introduced in the IBC…

Nov232017 by albindiaNo Comments

HINDU NOTES-November 23 2017 [UPSC Current affairs]

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Hindu Notes from General Studies-02 Editorials are covered separately. HINDU NOTES are available free date wise| CLICK HERE Bankruptcy code to be amended News The Union Cabinet approved a proposal to promulgate an Ordinance to amend the Insolvency and Bankruptcy Code (IBC). Beyond News The move is to strengthen the IBC by explicitly preventing certain persons including wilful defaulters, disqualified directors, those who have indulged in fraudulent transactions as well as promoters whose account is classified as non-performing assets (NPA) beyond a prescribed duration from regaining control of the defaulting company through the backdoor in the garb of a resolution applicant. The IBC provides for an effective and robust legal framework for “time-bound insolvency resolution to release assets locked up in NPA and promote maximisation of value of assets, failing which,…

Nov232017 by albindiaNo Comments

[Free] ALL IMPORTANT EDITORIAL COMPILATIONS- November 23

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Daily 8 editorials compilation free for answer writing for November 23. This is important as all editorials may not be equally important everyday.We provides important editorials only. So keep serious eye on syllabus while analyzing editorials. We will be providing it separately as many users notified issues with accessing compilation associated with MASTER 2018 daily writing series for mains 2018. Datewise editorial compilations are available here>> CLICK HERE to DOWNLOAD November 23 EDITORIALS DATE WISE MASTER 2018 QUESTIONS are available here