FDI Routes in India The entry of Foreign Direct Investment (FDI) by non residents into India is regulated through two routes –automatic route and government route. Under the Automatic Route, the foreign investor does not require any approval from the …
Background As a part of the announcements under the Atmanirbhar Bharat Abhiyan, the Central government recently announced that it would allow commercial mining in the coal sector. What is commercial mining? Commercial mining allows the private sector to mine coal …
Background Iran nuclear deal The Joint Comprehensive Plan of Action (JCPOA), more commonly known as the Iran nuclear deal, was reached between Iran and six world powers known as the P5+1 (China, France, Germany, Russia, the United Kingdom, and the …
About the temple Pashupatinath Temple is the largest temple complex in Nepal and stretches on both sides of the Bagmati River. It sees thousands of worshippers from Nepal and India every day. Dedicated to Lord Shiva, Pashupatinath is one of …
About AIIB The Asian Infrastructure Investment Bank (AIIB) is an international development bank that provides financing for infrastructure projects in Asia. Headquartered in Beijing, it began operations in 2016. It includes 102 members worldwide (India is a founder member of …
Trade deficit is not bad: One of the main reasons why banning trade has been the first reaction is the notion that having a trade deficit. Having a trade deficit/surplus against a country doesn’t make the domestic economy weaker or …
What’s in the news? The World Health Organisation has welcomed the initial clinical trial results from the United Kingdom that shows dexamethasone can be a lifesaving drug for patients who are critically ill with Covid-19. According to preliminary findings shared …
On June 15, the worst violence on the India-China border since 1967 claimed the lives of 20 Indian soldiers. The clash occurred in the Galwan Valley, which hasn’t been a site of conflict since 1962. Views on such a rash …
What is FSDC? Financial Stability and Development Council (FSDC) is an apex-level body constituted in 2010 to strengthen and institutionalize the mechanism for maintaining financial stability. It is chaired by the Union Finance Minister of India. Its members include the …
About Hydroxychloroquine Hydroxychloroquine (HCQ) is an anti- malarial drug similar to chloroquine, one of the oldest and best-known anti-malarial drugs. It is also used in the treatment of autoimmune diseases such as rheumatoid arthritis and lupus. Mechanism of action: Hydroxychloroquine …