Table of Contents
Is active euthanasia the next step?
Arresting the drift
India needs to re-engage with its ally Russia, which is getting closer to China and Pakistan
70 years since Independence, Russia has been a time-tested ally of India
U.S. often suspicions about India being a part of Soviet camp during the Cold War
Joining the Quad.
Russia shifted- Pakistan and China
Military exercises b/w Russia and Pakistan
“Replacing” Russian support quite low
Russia‟s newAmbassador to India
People-to-people contact
To seize and punish
Taking on fugitive economic offenders
Fugitive Economic Offenders Bill, 2018,
Which was introduced in the Lok Sabha this week, aims to provide for measures to deter fugitive economic offenders from evading the process of law in India- Fugitive businesspersons
Vijay Mallya and Nirav Modi
Credit tangle
RBI’s omnibus ban on a legitimate financing instrument is not the solution
After ₹12•,800-crore letters of undertaking (LoUs) fraud at Punjab National Bank came to light, the Reserve Bank of India has decided to ban such instruments as well as letters of comfort issued by bankers to businesses for international transactions.
LoUs are among the most popular instruments to secure overseas credit by importers
Industry is unhappy with the RBI decision
Will also impact the competitiveness of exporters who import raw materials for their products
RBI Governor Urjit Patel has finally commented on the fraud- Mr. Patel said he had chosen to
speak because the central bank also feels the anger and pain over the banking sector frauds
Mr. Patel took on severe criticism about the RBI‟s inability to detect the fraud.
RBI didn‟t have adequate powers to regulate public sector banks, and it could not remove
any of their directors
Must consider making the RBI‟s powers
Prelims Focus Facts-News Analysis
Page-1- Pakistan asks its envoy to return for„consultations‟
Islamabad alleges„maltreatment‟ of officials posted at High Commission in Delhi
Indian sources, however, indicated that Pakistan had not ensured the safety and security of Indian diplomats in Islamabad despite repeated requests
Over 500 Pakistani nationals including officials, staffers and family members are stationed at the High Commission in New Delhi.
The Indian High Commission in Islamabad, however, is a„nonfamily‟ posting for diplomats.
Indian sources maintained that Pakistan has remained unresponsive to their safety-related concerns.
Both Indian and Pakistani officials have accused each other of similar harassments
Page-1-TDP all set to exit BJP-led alliance
Plans to backYSRCP‟s no-trust motion
Telugu Desam Party is all set to leave the BJP-led National DemocraticAlliance (NDA), upset with the way the latter is pitting the Jana Sena Party and the YSRCP against it, while showing no political inclination to grant the
Special Category Status (SCS) toAndhra Pradesh and concede other demands raised by the party
Page-1- CoA curtails powers of BCCI officials
Supreme Court-appointed Committee of Administrators (CoA), steered byVinod Rai, onThursday issued fresh directives that conveyed to BCCI acting president C.K. Khanna, acting secretary Amitabh Choudhary and treasurer Anirudh Chaudhry that their role would henceforth be very limited in the day-to-day administration.
In short, the CoA told them to fall in line in discharging their duties.
Page-1- Haryana Assembly okays death penalty for child rape
The Criminal Law (Haryana Amendment) Bill, 2018
The Haryana Assembly on Thursday unanimously passed a Bill which provides for death penalty to those found guilty of raping girls aged 12 years or less.
After Madhya Pradesh and Rajasthan, Haryana has become the third State where theAssembly has approved the provision of capital punishment for such sexual offenders, the House was informed.
Modi to inaugurate Science Congress – Manipur
When Prime Minister Narendra Modi inaugurates the 105th edition of the Indian Science Congress here on Friday.
There will neither be foreign delegates nor lectures by Nobel Laureates.
Twelve Laureates were invited to Osmania University, where the Congress was originally scheduled to be held this January.
Due to the possibility of a student unrest, the Congress for the first time in a century had to be “indefinitely postpone
MoF declines 3% GDP allocation for defence
Spy incident: 4 nations slam Russia
In a joint statement, U.S., U.K., France, and Germany say the assault is a breach of international law
U.S. hits Russia with new sanctions
19 individuals, five groups on the list
‘If Iran goes nuclear, Saudi Arabia will follow suit’
Likening Iran’s leader Ayatollah Ali Khamenei to Adolf Hitler, Saudi Arabia’s Crown Prince warned in a television interview that ifTehran gets a nuclear weapon, his country will follow suit.