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The success of the bankruptcy law will depend on the jurisprudence that develops under the Insolvency and Bankruptcy Code Over the last year, barely a week has gone by without a regulator announcing new measures to help resolve India’s problem of large and mounting non-performing loans/assets, or NPAs. These announcements are usually accompanied by endorsements from the government, as determined reminders that the resolution of the NPA problem is on the top of the government’s mind. Then why does India’s war on NPAs seem intractable? And why have Indian regulators not yet resolved a case that can be showcased as an example of what the recent regulatory measures can achieve? The latest announcement came from the Securities and Exchange Board of India which said that companies that are pursuing acquisitions as part of resolution plans approved under the Insolvency and Bankruptcy Code, 2016 (IBC) would be exempted from open offer obligations typically applied under Indian takeover r...

PM Modi and President Trump exceed the muted expectations for their first meeting Ahead of Prime Minister Narendra Modi’s first meeting with President Donald Trump, concern had grown about the future course of the bilateral relationship, particularly whether Mr. Trump would maintain his predecessors’ commitment to its strengthening. These worries rested on Mr. Trump’s rewriting the equation with Europe, reversing the American stand on China and in West Asia. They were also fuelled by his harsh words on trade tariffs, immigrants and climate change, an issue on which he specifically targeted India. Mr. Modi and Mr. Trump have put many fears to rest, their meeting marked by personal bonhomie. This was reflected in Mr. Modi’s attempt to engage Mr. Trump’s family, perceived to be an important power centre in the White House. He invited his daughter Ivanka Trump to an entrepreneurship summit in India. Her husband Jared Kushner was a part of the delegation-level talks. Importantly, the Ind...

The India-based Neutrino Observatory would greatly advance scientific research Which one of us would not have applauded Galileo in January of 1610 when he trained his telescope for the first time on Jupiter and observed four dots alongside it? Within days he noticed that the dots seemed to be going around Jupiter... they were its four largest moons! Today, very large telescopes send us iconic images of distant galaxies and of faint remnants of the light produced by the Big Bang. The light from the moons of Jupiter was always falling on earth. It took a telescope to detect it because it was so feeble and could not be seen with the naked eye. Interesting things, telescopes. They observe something that is already there. They do not produce what they observe. Just like light There are two other things that, like light, can travel great distances in the universe, and therefore can be usefully observed. The first of these are gravitational waves. Predicted by Einstein’s famous theo...

Q- Which of the following is correct regarding rocket CHESS recently launched by NASA? A. It is to study vast interstellar clouds B. It is to study last stages of a star C. It is to study the collision of asteroids D. None of the above Q- Which of the statements given above is/are correct with reference to Special Economic Zone (SEZ)? 1. SEZs have full freedom for subcontracting. 2. They are exempted from routine examination by custom authorities. a) 1 only b) 2 only c) Both 1 and 2 d) Neither 1 nor 2 Q- The phrase “technical, legal and political aspects” has been in news recently. It is used with respect to which of the following? A. Nuclear suppliers group B. MCTR C. UN D. WTO. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Answer1-A,  2-C,  3-A

Q- Which of the following is one of the goals of smart cities? a) Providing safe investment avenues in infrastructure b) Inclusive growth c) Recasting India's urban landscape d) None of the above Q- Consider the following statements about TAPI gas pipeline project 1. TAPI gas pipeline project being developed by the world bank 2. the pipeline should become operational in 2020 Which of the above statement is/are true 1.only 1 2.only 2 3.both 1 & 2 4.neither 1 nor 2. . . . . . . . . . . . . . . . . . . . . . . . Answer1-D,  2-  1

K. Srikanth, Sai Praneeth and H.S. Prannoy have transformed men’s badminton in India K. Srikanth brought joy in two equal helpings. The 24-year-old won back-to-back badminton titles in the space of eight days, on Sunday adding the Australian Open title to the higher-rated Indonesia Open he had clinched on June 18. Success is not new to Srikanth, and in Sydney his domination of an elite field could be gauged from the fact that he dropped just one game in five matches. Even more heartening, he is part of a cohort in Indian men’s badminton, with the likes of B. Sai Praneeth and H.S. Prannoy, who have been beating elite players this season. For instance, Srikanth has upstaged the current World No. 1, Korea’s Son Wan Ho, twice in two weeks and raced past the reigning World and Olympic champion, Chen Long, in Sunday’s final at Sydney. He will be back in the world’s top 10 ranking this week, having also beaten World No. 4 and the topmost Chinese, Shi Yuqi, twice this year. In fact, Srikant...