Daily Current Affairs  – 17 March 2021

                               Facts in News Initial Public Offering (IPO) An initial public offering (IPO) also known as floating, or going public, refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share […]

In News The Supreme Court has termed the appointment of bureaucrats as State Election Commissioners (SEC) against independence of SEC and hence unconstitutional. Hence only independent persons, not bureaucrats should be appointed as SEC. Giving government employees the additional charge of SEC is a “mockery of the Constitution” as per Justice F Nariman. This judgment […]

In News Recently, the Cabinet has approved a detailed proposal for setting up a new Development Finance Institution (DFI) in India under the name of the National Bank for Financing Infrastructure and Development (NaBFID). About Development Finance Institution (DFI) These are organizations that are either owned by the government or by charitable institutions to finance […]

In News Recently, Swiss technology company IQAir has released the World Air Quality report. About The global cities ranking report is based on PM2.5 data from 106 countries, which is measured by ground-based monitoring stations, most of which is operated by government agencies. India continues to feature prominently at the top of the most polluted […]

In News Recently, Nominated MP Swapan Dasgupta resigned from Rajya Sabha, a year before completion of his term. Trinamool Congress MP Mahua Moitra had raised the issue of his disqualification from Rajya Sabha under the anti-defection law after the BJP had fielded Dasgupta as its candidate for the Tarakeswar constituency in the West Bengal Assembly […]

In News The Rajya Sabha has approved the Medical Termination of Pregnancy (Amendment) Bill, 2021 to amend the Medical Termination of Pregnancy Act, 1971. Key Provisions Enhanced Time Limit for Abortion: The bill has enhanced the upper gestation limit from 20 to 24 weeks for special categories of women which will be defined in the […]

In News Recently, the Ministry of Home Affairs (MHA) has introduced the Government of National Capital Territory of Delhi (Amendment) Bill, 2021 in Lok Sabha, which gives more discretionary powers to the Lieutenant Governor (L-G) of Delhi. Legislation and Powers of Delhi Legislature Delhi is a Union Territory with a legislature and it came into […]