Category: Current Affairs

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The FRDI Bill, 2017 has a ‘bail-in’ clause, which apparently would allow the banks to use depositors’ money to bail themselves out in case they face bankruptcy. Do you agree with the Govt’s contention that the bill is not draconian piece of legislation as it is being made out to be?

The Financial Resolution and Deposit Insurance (FRDI) Bill 2017 which was tabled in Parliament in August 2017 has been making news due to its controversial “bail-in” clauses which has been projected as one of the resolution tools in the event a financial firm is to be sustained by resolution. The deposits with banks are insured […]

With Trump vowing to end aid to Pakistan saying US got nothing but lies and deceit for billions of dollars, do you agree with the US that Pakistan has completely failed to crack down on terror?

The Trump administration has vowed to end the aid to Pakistan as punishment for giving sanctuary to the Taliban and other Islamist militant groups operating in Afghanistan. Pakistan has been paid billions of dollars and at the same time they are housing the very terrorists that the US has been fighting since long. The US […]

In the Kamala Mills fire incident that caused 14 deaths, the civic authorities were found to be hand in glove with the pub owners turning a blind eye to what is seemingly a death trap. What is your take?

The Kamala Mills fire tragedy in Mumbai, which claimed the lives of 14 people last week, has prompted the civic administration into action and has led to further investigations, demolitions and arrests; probably the managers employed with 1 Above pub in Kamala Mills. As per the enquiry, the managers fled the incident scene as soon […]

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