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14th June 2018 Part-4: Daily News Analysis
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Business news

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

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sir pls btaiye computer kha se pde ibps clerk k liye
Im ur one of d BIG FAN frm JUNE 2017. I dnt no whether its right to ask r nt bcoz of UR TIGHT SCHEDULE but still Im REQUESTING U TO DO IT IN ENGLISH TOO.It will be help full for NON-HINDI aspirants. TQ :-)
thank you sir love from jharkhand. humare yha tho the hindu v 1 din baad aata h.
please mention the name of GS paper with every news so that we can heed upon ...thanks👌
tnx sir! plz take a session on pub ad optional paper 2 strategy !
Sir please suggest about ARC report and 2nd/1st ?????
  1. want teo he starting Page 14 World: Prabhu's visit fails to resolve issues at thh Union Commerce Minister's meetings with U.S. Ministers and industry leaders did not resolve lingering disputes between the two countries on multiple trade issues. A delegation of senior Indian officials will travel to the U.S. soon to continue talks. The price control on medical devices imposed by the Indian government and requirement of data re localisation announced by the Reserve Bank of India (RBI) remain intractable questions. he.American interlocutors did not appreciate India's move to take the question of U.S steel tariffs to the World Trade Organisation. Bone of contention . The mode of price control on medical devices in India is "neither tenable nor tolerable" e ar k h ent American medical device manufactures worry that if the Indian model of price control is allowed to stand, other developing countries may soon follow suit. Union Commerce Minister offered to engage the companies on their concerns, but this promise did u little to resolve the tensions American companies are also protesting the data localisation requirement for financial services companies. If the U.S. were to impose such a requirement with regard to American consumers, the backbone of Indian BPO sector would be broken tis

  2. want teo he starting Page 14 World: Prabhu's visit fails to resolve issues (contd. at thh Imagine what will happen if the U.S decides that U.S. data cannot be processed outside. The American industry has been "very bullish on India", it is concerned by "certain policy and regulations in recent months that inhibit trade and innovation in Indian economy Medical device companies are among the big investors in India in recent years. There is a large demand for medical devices in India he.The government of India wants consumers to get devices at fair prices. But the policy is misguided. "Not sustainable . It does not reduce the consumer price. It does not impact the mark-up prices. It artificially caps the* entry price for manufacturers. It is not sustainable for companies to bring innovative products. e ar k h ent The RBI guidelines on data localisation "creates constraints for companies" When supply chains and operations are global, this creates inhibitions to investment and innovation in India. Industry understand the concerns of the Indian government and is willing to work with it u on finding a resolution tis that

  3. want teo he starting Page 15 Business: Govt. mav list AI after failed stake sale at thh India is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76% stake in the company. While the government is considering several proposals related to reviving the divestment process, it l not allow complete foreign ownership of the airline. Option of listing first he.One proposal could involve the government retaining a share in the debt-laden carrier and selling it at a later date so it can capitalise on any financial upside that may occur from listing the airline. The government may also consider reducing the debt it passes on to potential buyers and restructuring the large workforce. e ar k h ent . Decision will be taken in next few days on changing conditions before inviting fresh bids. . The government is committed to selling its stake in the national carrier in the current financial year but could defer it if it fails to get the right price. The government in March finalised plans to divest a majority stake in Air India and offload about $5.1 billion of its debt, but prospective buyers stayed away, with some citing onerous terms as a reason for their lack of interest. The lack of buyers in a booming aviation market underlines the challenges the government faces in fixing the debt-laden carrier. tis

  4. Page 15 Business: Govt. may list AI after failed stake sale (contd.) .Air India has some of India's most lucrative international and domestic landing and parking slots at thh that are key for airlines. .While a buyer would have got management control and gained access to more than 2,500 international slots and over 3,700 domestic slots, it would also have been required to take on Air India's 27,000 employees, 40% ofwhom are permanent staff. The terms had also stipulated that the government would have continued to hold a 24% stake, with the need for the bidder to abide by conditions, not yet detailed, designed to safeguard employee interests. The government will soon arrange a bank loan for Air India, to meet working capital needs and buy he . e ar k h ent time before inviting fresh bids. Stake sale can deferr to the next fiscal year. tis that

  5. want teo he starting Page 15 Business: India, China discuss 'Oil Buyers Club' . With oil producers' cartel OPEC playing havoc with prices, India discussed with China the at thh possibility of forming an 'oil buyers club' that can negotiate better terms with sellers as well as getting more U.S. crude oil to Asia to cut dominance of the oil block De-bottlenecking infra On the discussion table was de-bottlenecking infrastructure to facilitate more U.S. crude oil coming heto Asia so as to cut the dominance of the Organization of the Petroleum Exporting Countries (OPEC), which supplies about 60% of India's oil needs. Production cuts by OPEC have led to international oil prices hitting a four-year high last month that forced a 3.8 per litre raise in petrol and 3.38 a litre increase in diesel prices. Rates started to cool towards month end and retail prices have been cut thereafter. In a throwback to 2005 when the then oil minister Mani Shankar Aiyar had proposed an alliance of the oil consuming nations, Pradhan wants to form an oil buyers' club with China, Japan and South ur Korea to take up issues like premium being charged from Asian buyers ent .At the IEF meeting, India and China agreed to join hands to have a collective bargaining power against cartelisation of oil producers. Singh's visit was to take this forward with concrete proposals for cooperation. tis en thec

  6. want teo he starting Page 15 Business: India. China discuss 'Oil Buvers Club' (contd.) So far, India has not been able to bargain better rates from the Gulf-based producers of the oil at thh cartel, OPEC. Instead of getting a discount for bulk purchases, West Asian producers such as Saudi Arabia, charge a so-called 'Asian Premium' for shipments to Asian buyers, including India and Japan, as opposed to Europe. % he las :- international Energy Forum (1EF): . It is an inter-governmental, non-profit international organisation which aims to foster greater at mutual understanding and awareness of common energy interests among its members. k h ent .The 72 Member Countries of the Forum are signatories to the IEF Charter, which outlines the framework of the global energy dialogue through this inter-governmental arrangement The IEF is unique in that participants include IEA and OPEC countries, key international actors such as Brazil, China, India, Mexico, Russia, and South Africa. . The IEF member countries account for more than 90 percent of global oil and gas supply and demand. tis that

  7. want teo he starting Page 15 Business: Fitch cuts SBI,Bank of Baroda viability ratings at thh Ratings agency Fitch has downgraded viability ratings of State Bank of India and Bank of Baroda by a notch to 'bbt' and 'bb' respectively citing the lenders' weakened risk profile due to poor asset quality and the vulnerability of their capital buffers to moderate shocks . Eleven banks reported common equity Tier 1 ratios that fell short of the 8% requirement for Basel he.Capital generation is expected to remain weak, although many state banks should be able to recover Sector NPL ratios are closer to what we believe would be full recognition of legacy problems and . The ratings agency said Indian banks' solid and resilient funding and liquidity positions remained E III's final phase of capital migration from losses in FY19. Fitch has a 'negative sector outlook on Indian banks provision cover has improved. e ar k h ent intact and while deposit growth had slowed since demonetisation, depositor confidence remained high due to state banks' government ownership "This is evident in banks' retail deposit composition, which generally exceeds 80%. oun . tis that

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  9. Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll