Metro man against free rides for women
Aam Aadmi Party government in Delhi had recently announced its decision to give free travel facility to women passengers on buses and Metro trains.
Probe agencies see similarities in murder of two rationalists
Investigating agencies told the Bombay High Court that they found some commonalities in the way rationalists Govind Pansare and Narendra Dabholkar were murdered.
SC declines to look into students’ plea on NEET
The Supreme Court declined to entertain a students’ petition, which alleged that some questions in this year’s National Eligibility cum Entrance Test (NEET) (UG) were out of NCERT syllabus.
Trade Deficit
India’s trade deficit expanded to a six-month high of $15.4 billion in May.
WPI inflation
Wholesale price-based inflation(WPI) slipped to about two-year low at 2.45% in May.
India to impose retaliatory tariffs on U.S. goods
As per the official statement from Commerce Ministry, India has decided to impose retaliatory tariffs on 29 goods imported from the U.S. from June 16 onwards.
Employees’ State Insurance(ESI)
The Government of India has taken a decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%.
Rating agencies to disclose probability of default
The markets regulator SEBI directed credit rating companies to start disclosing the probability of default for the issuers they rate.
India to have its own space station
India plans to have its own space station, and modalities for it will be worked out after the first manned mission, Gaganyaan, scheduled for August 2022.
US open to talks on GSP with India
U.S. Secretary of State Michael Pompeo hinted that it was possible to reinstate the Generalised System of Preferences (GSP), a program for preferential access to certain goods markets in the U.S., for India.