Must Read News Articles – February 26, 2018

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Society and women related issues:

New India needs women as equal partners, says Modi(The Hindu)

Prime Minister Narendra Modi has stressed the need to have women as equal partners in the development of the country.


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 International relations:

Justin Trudeau’s discovery of India(The Hindu Opinion)

Through his week-long state visit, Canadian Prime Minister Justin Trudeau tried hard to expand his understanding of India and foster closer India-Canada relations. Controversies about the Khalistan issue and an unusual programme could make it easy to portray this visit as a “disaster”, “fiasco” or “bad trip”. But, doing so is neither fair nor accurate, judging by the immediate outcomes.

A relationship adrift(The Hindu Opinion)

India and Canada need to go back to the drawing board and urgently repair ties

Regulating the future(The Hindu Opinion)

It is time to work on methods of moderation that can help withAI-human interaction.

Indian Constitution and Polity:

Centre may enact law against fugitives(The Hindu )

The Union government may consider enacting the Fugitive Economic Offenders Bill to confiscate assets of those who flee the country and refuse to return after committing frauds in excess of Rs. 100 crore.

Judicial appointments in a flux(The Hindu)

Chief Justices of various High Courts and several SC judges will retire this year.

Statute Bench to solve conflict in Supreme Court(The Hindu)

Chief Justice of India Dipak Misra formed a five-judge Constitution Bench, led by him, to resolve the conflict between two three-judge Benches of the Supreme Court, which has again brought to the fore the simmering tensions within the court.

States can relax highway liquor ban(The Hindu)

The Supreme Court gave the State governments the discretion to decide, on facts, whether areas covered by local self-governing bodies or areas proximate to municipal pockets should be exempted from the court’s nationwide prohibition on sale of liquor within 500 metres along the highways.


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Economy:

Can banking recover?(The Hindu Opinion)

The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time.

Is the endgame for NPAs in sight?(The Hindu)

Of late, the Reserve Bank of India’s (RBI’s) attempt to purge the banking system of bad loans has begun to resemble the spring-cleaning of a long-neglected kitchen cupboard. After demolishing the first few cockroaches with glee, one is dismayed to find dozens more sauntering out of the woodwork.

PNB: freeze on lending feared(The Hindu)

Lending to corporates should not be choked as a fallout of the Rs. 11,400-crore fraud at Punjab National Bank, especially at a time when credit growth is about to recover and the economy is set to grow at a higher pace, India Inc has cautioned.

Why has coal mining been opened up?(The Hindu)

The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand.

Symptoms Of Recovery(Indian Express)

By maintaining the FY18 fiscal deficit at unchanged levels vis-à-vis FY17, the finance minister ensured minimal slippage as the government skillfully harnessed the disinvestment tool, with revenues under this stream touching an all-time high of Rs 1 lakh crore.

Lithium ion batteries charge up rural houses(The Hindu)

The shift towards lithium ion batteries from the older technology of lead acid batteries has allowed firms like Kaho India Private Limited to help the Centre achieve its rural electrification target even in areas beyond the reach of the grid.

OVL drops plan to build Iran LNG facility(The Hindu)

ONGC Videsh Ltd. has shelved plans to build a $5 billion LNG export facility in Iran and has, instead, opted to only invest in developing a giant gas field in the Persian Gulf for which revised cost is being worked out, an official said.

Security and Defence:

Rustom-2 UAV takes to the skies(The Hindu)

The Defence Research and Development Organisation (DRDO) carried out a test-flight of the unmanned aerial vehicle Rustom-2 on Sunday.

U.K. industry body to shut India office(The Hindu)

A U.K. industry body which facilitates defence and aerospace partnerships has decided to shut its office in India. Member-companies have however, expressed concern at the decision. “ADS (Aerospace, Defence, Security and Space) Group has decided to shut down its India office by March end.

Environment:

Drone survey of city soon to assess green cover(The Hindu)

Keen to assess the precise green cover, the State government has initiated an aerial survey through drones and has successfully completed the study over the Tirupati region.

 

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