Indus Water Treaty: India’s Notice to Pakistan
India announced on 25 Jan 2023 that it wants to modify the 62-year-old Indus Water Treaty (IWT) with Pakistan, citing what it called Pakistan’s “intransigence” in resolving disputes over the Kishenganga and Ratle hydropower projects, both in Jammu and Kashmir. India also protested Pakistan’s “unilateral” decision to approach a court of arbitration at The Hague.
Hindenburg Report on stocks of Adani Group of Companies
Hindenburg Research LLC was founded by Nathan (Nate) Anderson, 38, is an American short seller, has published critical research and analyses of alleged corporate fraud that have triggered investigations and regulatory action.
New Era of Child Protection: POCSO Amendment Act 2019
The Protection of Children from Sexual Offences (Amendment) Bill, 2019 was introduced in Rajya Sabha by the Minister of Women and Child Development, Ms. Smriti Zubin Irani on July 18, 2019. The Bill amends the Protection of Children from Sexual Offences Act, 2012. The Act seeks to protect children from offences such as sexual assault,…
Amalgamation of Public Sector Banks
Why in news? Government has approved the amalgamation of ten Public Sector Banks (PSBs). At present, India has 18 state-owned banks compared with 27 in 2017. After the merger, the number will further come down to 12. Benefits of Bank Consolidation Cost benefits as larger banks offer better economies of scale, efficiency, cost of funding,…
A Brief Summary: Article 370
Jammu and Kashmir became independent on 15 August 1947, with the end of British rule. The ruler of this place, Maharaja Harisingh, decided that he would not join India or Pakistan and would remain independent. But after the invasion of the state by the Pakistan-backed Azad Kashmir Army on 20 October 1947, the ruler there…