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Distribution: yearly

[op-ed of the day] Business possibilities in a world of digital payments

Context UPI has brought digital payments to the common man and it has immense scope for growth. Zero MDR rate Recently the finance minister made the announcement of the zero merchant discount rate (MDR) policy for payments through RuPay debit cards and Unified Payments Interface (UPI) instruments. What does it mean? This policy dictates that… Continue reading [op-ed of the day] Business possibilities in a world of digital payments

[pib] APNA UREA – SonaUgle

  APNA UREA – SonaUgle The Union Minister for Chemicals and Fertilizers launched the “APNA UREA – SonaUgle” brand of Hindustan Urvarak & Rasayan Limited (HURL). HURL is Joint Venture Company promoted by the three Maharatna Companies i.e. Coal India Limited (CIL), NTPC Limited (NTPC) and Indian Oil Corporation Limited (IOCL) as the lead promoters… Continue reading [pib] APNA UREA – SonaUgle

Telecommunication Consumers Education and Protection Fund (TCEPF)

The Telecom Regulatory Authority of India (TRAI) has informed that telecom service providers will need to deposit all unclaimed money of consumers, including excess charges and security deposit, in the Telecommunication Consumers Education and Protection Fund (TCEPF). Telecommunication Consumers Education and Protection Fund (TCEPF) The TCEPF Regulations, 2007 have been amended to provide the basic… Continue reading Telecommunication Consumers Education and Protection Fund (TCEPF)

[op-ed snap] Reset and reform

Context With the Indian economy caught in the middle of a socio-economic upheaval, the government needs to make its focus on the economy clear and pronounced. India in the middle of a socio-economic upheaval Weakening economy: The economy has been weakening for a couple of years now. Social upheaval: The social upheaval is new but… Continue reading [op-ed snap] Reset and reform

[op-ed snap] A rough patch

Context High inflation has reduced the fiscal space available for a rate cut. RBI target of 6% breached. CPI at 7.35 %: Retail inflation, as measured by the consumer price index (CPI), has surged to 7.35 per cent in December 2019. Latest inflation data seems to corroborate fears articulated by the Monetary Policy Committee (MPC)… Continue reading [op-ed snap] A rough patch

Explained: Article 131, on which Kerala has based its challenge to the CAA

The Kerala government moved the Supreme Court against the Citizenship (Amendment) Act becoming the first state to challenge the law. It filed a petition under Article 131 of the Constitution and asked for the law to be declared unconstitutional and in violation of Articles 14 (equality before law), 21 (protection of life and personal liberty)… Continue reading Explained: Article 131, on which Kerala has based its challenge to the CAA

[pib] BIS Gold Hallmarking

Gold hallmarking is being made mandatory to ensure consumers are not cheated, are better informed about purity and corruption is removed. Gold Hallmarking Bureau of Indian Standards (Hallmarking) Regulations, 2018 were notified w.e.f. 14.06.2018. BIS is running a hallmarking scheme for gold jewelry since April 2000. The BIS Act 2016 has enabling provisions under Section… Continue reading [pib] BIS Gold Hallmarking

Centre eases CRZ rules for ‘Blue Flag’ beaches

The MoEFCC has relaxed Coastal Regulation Zone (CRZ) rules that restrict construction near beaches to help States construct infrastructure and enable them to receive ‘Blue Flag’ certification. Why such move? The Blue Flag certification, however, requires beaches to create certain infrastructure — portable toilet blocks, grey water treatment plants, a solar power plant, seating facilities,… Continue reading Centre eases CRZ rules for ‘Blue Flag’ beaches

Police Commissionerate System

The UP Cabinet has approved the Commissionerate system of policing for state capital Lucknow, and Noida. The Police Commissionerate System The system gives more responsibilities, including magisterial powers, to IPS officers of Inspector General of Police (IG) rank posted as commissioners. Under the 7th Schedule of the Constitution, ‘Police’ is under the State list, meaning… Continue reading Police Commissionerate System

Virtual human’ NEON

NEONs are being called the world’s first artificial humans. They look and behave like real humans, and could develop memories and emotions — though from behind a 4K display. NEON Star Labs is headed by India-born scientist Pranav Mistry who underlines that what was showcased at CES was the product of just four months’ work.… Continue reading Virtual human’ NEON

Explained: Doctrine of ‘Presumption of Constitutionality’

Recently the Supreme Court declined urgent hearing on a plea seeking to declare the CAA as constitutional and said that there was already a “presumption of constitutionality” to a law passed by Parliament.  CJI has said that the court’s role was to examine the validity, and not declare a law constitutional. Doctrine of Presumption of… Continue reading Explained: Doctrine of ‘Presumption of Constitutionality’

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