Saturday, 24 June 2017

Engaging Pyongyang: On US-North Korea relations
The tragic death of Otto Warmbier, the 22-year-old American student who was imprisoned and later released while in a state of coma by North Korea, is a huge setback to hopes for dialling down tensions between Washington and Pyongyang. The Korean crisis has worsened since President Donald Trump took office early this year. North Korea test-fired a number of missiles in defiance of international pressure, while the United States issued repeated warnings. 
A foregone conclusion: On presidential poll race
It may have the trappings of an ideological battle, but the 2017 presidential election has become a platform for political messaging. With the Bharatiya Janata Party fielding an old party hand from the Dalit community, the opposition parties led by the Congress felt constrained to follow suit. While the candidature of Bihar Governor Ram Nath Kovind on behalf of the ruling party was a surprise, the response from the opposition 

Friday, 23 June 2017

United nations public service day - 23 June
The UN general assembly, in its resolution 57/277, designated 23 june as public service day.
  • The un public service day celebrates the value and virtue of public service to the community; highlights the contribution of public service in the development process; recognizes the work of public servants, and encourages young people to pursue careers in the public sector.


International widows’ day - 23 June
International widows day is an opportunity for action towards achieving full rights and recognition for widows – too long invisible, uncounted and ignored. 
  • A dearth of reliable hard data remains one of the major obstacles to developing the policies and programmes to address the poverty, violence and discrimination suffered by widows. 
Game of thrones: On the crown prince of Saudi Arabia
The rapid rise of Mohammed bin Salman, from one among many princes in the al-Saud royal family to the Crown Prince of Saudi Arabia within a span of two years, is an unprecedented development in the history of the Kingdom. Little-known outside the palace until January 2015 when his father, Salman bin Abdulaziz, became the monarch, Prince Mohammed has since been the face of Saudi Arabia overseas and of reforms at home. 
The clean-up begins: On RBI's move against 12 borrowers
Armed with the powers, a little over a month ago, to get lenders and defaulting borrowers to sit down and address the messy task of cleaning up toxic bad debts, the Reserve Bank of India (RBI) has decided to crack the whip. The central bank’s decision to act on the advice of its Internal Advisory Committee and direct lenders to initiate insolvency proceedings against 12 corporate borrowers — each owing in excess of 5,000 crore — has come not a day too soon. 

RBI Policy Rates

Cash Reserve Ratio

4.00%

Repo Rate

6.25%

Reverse Repo Rate

6.00%

Bank Rate

6.50%

Statutory Liquidity Ratio

20.50%

Marginal Standing Facility

6.50%

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