National Financial Reporting Authority (NFRA), an independent regulator for the auditing profession, establishment has been approved by the Union Cabinet chaired by the Prime Minister Narendra Modi on March 1, 2018. This is one of the key changes brought in the Companies Act, 2013, on the specific recommendations in 21st report of the Standing Committee on Finance. NFRA will oversee t...
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Initiating Self-improvement is most difficult but the most productive in life
Aristotle said “Man is by nature a social animal”. Society is something that precedes the individual. It is through the environment and support of society that he grows in maturity and ability and contributes in a meaningful and constructive manner to the betterment of society. In order to become and emerge as a disciplined and educated member of society he needs to toil hard and reach the goal...
How to Stay Informed About Current Events
In today’s competition world, current affairs constitute the core subject of various syllabi. It is vast but easy to prepare for the competition tests. What is most required in the preparation of current events section is generating interest in what is happening around you globally, as well nationally. The more the interest a candidate takes in current events, the easier it becomes for him/her to master this se...
How to Improve Your Logical Reasoning Skills
Any student, who aspires to ace any prestigious competitive exam like IAS, Banking, MBA, or any other, always needs to prep up the logical reasoning skills. The logical reasoning questions and answers form a very important part of any exam as they are a parameter of your decision taking ability. The more logical you are the more effective leader you will be.
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GSAT-6A Will Provide Mobile Communication to Armed Forces
GSAT-6A, a communication satellite that will provide new possibilities for mobile applications, was successfully launched into Geosynchronous Transfer Orbit (GTO) on board India's Geosynchronous Satellite Launch Vehicle - GSLV-F08 with indigenous Cryogenic Upper Stage on Thursday March 29, 2018. This launch of GSLV was its twelfth and took place from the Second Launch Pad at Sat...
High Quality Fuel with Less Pollution from Plastic Waste
Plastic Derived Oil (PDO), having characteristics similar to Diesel, has been derived on successfully converting Packaging Plastic Waste by Pankaj Tiwari and Pallab Das Researchers from IIT Guwahati, Department of Chemical Engineering. They hope to create ideal operating conditions to provide high-quality oil with less pollution that could soon help fuel cars. Researchers collec...
Giant Alien Planet Discovery could shed Insights into Formation of Planets
Giant Alien Planet may be lurking inside, “A huge, complicated dust structure 150 billion miles across that surrounds the young star HR 4796A”, which has been discovered by the astronomers by using NASA's Hubble Space Telescope. A bright, narrow, inner ring of dust is already known to encircle the star and may have been corralled by the gravitational pull of an unseen giant planet. NASA (Nationa...
Fugitive Economic Offenders to be coerced to Return & Face Law
Fugitive Economic Offenders Bill, 2018 that would help in laying down measures to deter economic offenders from evading the process of Indian law by remaining outside the jurisdiction of Indian courts, proposal of the Ministry of Finance, has been approved by the Union Cabinet chaired by Prime Minister Shri Narendra Modi on March 1, 2018, for introducing to the Parliament. Property of Fugitive E...
Electoral Bonds to Bring Transparency in Election Funding
In a significant development to evolve a transparent political funding system and to cleanse the system of political funding in the country and in keeping with the government’s desire to move to a cashless economy, the government of India has come up with the new scheme of electoral bonds. In the new mechanism of electoral funding through issuance of bonds the quantum of money which a donor has contributed to a ...
DefExpo 2018 to Boost Defence Manufacturing in India
DefExpo 2018 or Defence Expo 2018’ held in Chennai at Tiruvidanthal, in Kancheepuram district from 11 to 14 April 2018with its tag line “India: The Emerging Defence Manufacturing Hub”to showcase India’s capability in export of defence systems and components hada gathering of defence industry representatives from private and public sector representing some 500 Indian companies an...