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GNXX Cain X04a En16 (Insight)
GNXX Cain X04a En16 (Insight)
INSIGHT
1. Now it is the time for Fourth Industrial Revolution, as felt by leaders at Davos, Switzerland
First Industrial Revolution ... After the advent of steam Engine, where muscle power was replaced by machines
Second Industrial Revolution ... Mass production of goods in factory line like, IC Engines, Aeroplanes, cars etc.
Third Industrial Revolution Information Technology, Digital Technology, Internet and Globalisation.
Monetary stimulus / monetary easing in developed countries lead to distortions in asset prices.
Share prices increased with more expectations from the present Government.
Longer tenures for loans equivalent to the economic life of their assets.
If the commercial lenders keep money with Central Bank, they have to pay 0.1% to Central Bank for parking the cash.
Several people, in a bid to escape Civil War, are trying to cross Mediterranean Sea. So far, 244 migrants died in January.
The solution to the problem may also be delayed due to Sunni-Shia rivalry.
6. The Prime Minister stated that his aim is not to eliminate subsidies but to rationalise and target them
Supreme Court in December 2013 upheld the validity of section 377 of IPC.
IPC 377 States that Sexual intercourse against the order of nature i.e., homosexuality is punishable.
Curative petition is the last judicial resort available for redressal of grievances in court.
In very rare cases, such petitions are given an open court hearing.
The curative petitions were filed by gay rights activists and an NGO.
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