China says Indian trade curbs are against WTO principles

Context: The spokesperson of the Chinese Embassy has said that, India’s recent policy to curb opportunistic takeovers of domestic companies goes against the World Trade Organisation (WTO) principles. Background: The Government of India recently reviewed the extant Foreign Direct Investment (FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic. The Read more…

RBI to regulate payment aggregators

Context: The Reserve Bank of India said that it will regulate the activities of payment aggregators (PAs) given the important functions of these intermediaries in the online payments space. Payment aggregator: A payment aggregator (also called a merchant aggregator) is a service provider through which mobile payments and e-commerce merchants can process payment transactions. PAs Read more…

SC approves Kerala slotting projects in orange category

Category: ENVIRONMENT AND ECOLOGY Context: Supreme Court’s observations regarding Kerala state slotting based on Environment (Protection) Rules. Background: CPCB slotting of industries: The Central Pollution Control Board (CPCB) had slotted industrial activities into the red, orange, green and white categories, based on the pollution index, in March 2016. This was meant to implement more Read more…

Ruling against judicial transparency

Context The Supreme Court in Chief Information Commissioner v. High Court of Gujarat case has held that the information to be accessed/certified copies on the judicial side is to be obtained through the mechanism provided under the High Court Rules and the provisions of the RTI Act shall not be resorted to. Background The Chief Information Commission and Read more…