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23rd June 2018 Part-4: Daily News Analysis
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Cross Holdings, TV Media, Elections management through media management

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.

U
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जतिन सर, I have a personal request that please once talk to Roman Sir For making Mock Test Papers for UPSC CSE (for both pre +mains) in Hindi language.... I mean to say that slides should be Hindi... pls talk and help me sir.... I'll be greatly obliged for this charity. thanks a lot for providing such great course of DNA 👏
The Hindu ka full pdf download kahan se kr skte hain.... plzz share the link
thankyou so much sir for doing such a great service for all of us. sir,here a humble request to you,please make a video or pdf on reports or extra resources for gs paper 2 and 3 in systematic manner just like DNA index so that students like me who cannot enroll in your mind boggling class,can read themselves. Thanyou so much sir.
The Hindu ka full paper pdf me kahan se downlaod kr skte hain... plzz share the link
जतिन सर, I have a personal request that please once talk to Roman Sir For making Mock Test Papers for UPSC CSE (for both pre +mains) in Hindi language.... I mean to say that slides should be Hindi... pls talk and help me sir.... I'll be greatly obliged for this charity. thanks a lot for providing such great course of DNA 👏
जतिन सर, I have a personal request that please once talk to Roman Sir For making Mock Test Papers for UPSC CSE (for both pre +mains) in Hindi language.... I mean to say that slides should be Hindi... pls talk and help me sir.... I'll be greatly obliged for this charity. thanks a lot for providing such great course of DNA 👏
Great lessons JV. I consider you to be neutral towards politics and news. Its good that you sometimes share your views in an ironical way and naively get back to that neutral tone. I personally like watching Rajat Sharma because of this style of news analysis. I guess your style of teaching keeps things interesting which would otherwise become monotonous. Thank you JV for the really informational AND analytical videos. :-)
  1. want teo he starting Page 9 News: Probe dealings of bank linked to Shah . The opposition has demanded a probe into reports that the Ahmedabad District Cooperative Bank at thh exchanged currency worth 745.58 crore within five days of Prime Minister announcing demonetisation in November 2016. BJP president was the Chairman of the bank and is currently serving as a director. This, as per opposition, is the highest amount exchanged by a single district cooperative bank in the * he country. There are 370 district cooperative banks Quoting from an RTI reply received from the National Bank for Agriculture and Rural Development (NABARD), the Congress said that in 11 district cooperative banks in Gujarat headed by BJP leaders, as much as 3,118 crore in old notes were deposited within five days of demonetisation There should be an independent time-bound probe into this scam e ar k h ent O Rahul's 'pat' Opposition congratulated BJP president for being the director of a bank that won the first prize in conversion of old notes tis that en thec


  2. want teo he starting Page 9 News: Italy won't deport Agusta middleman, at thh In a major setback to investigation agencies, Italy refused to extradite Carlo Gerosa, an alleged middleman in the AgustaWestland bribery scandal, saying it did not have any mutual legal assistance treaty with India . .The CBI has approached the External Affairs Ministry, citing provisions under which he could be i re xtradited even in the absence of a treaty, sources said he Key player Carlo Valentino Ferdinando Gerosa, 71, an Italian and Swiss national, is believed to be a key player in the bribery scandal as the process of manipulating the specifications for the VVIP helicopter deal allegedly started after a meeting between him and cousins of former IAF chief. Interpol had issued a Red Notice against Gerosa. He was apprehended by authorities in Italy in connection with the money laundering probe into the 3,600-crore chopper deal, which was scrapped by India over alleged bribery and breach of contractual obligations. . Gerosa is one of the three 'middlemen' wanted in this case and his statement is crucial for both the ED and the CBI probing the case. e ar k h ent tis that


  3. want teo he starting Page 10 World: EU slaps retaliatory tariffs on U.S. products [GSM-3: International Economicsl at thh The European Union (EU) slapped revenge tariffs on iconic U.S. products, including bourbon, Jeans and motorcycles in its opening salvo in a trade war with U.S. President. . The tariffs, which took effect will further fuel jitters on world stock markets that are already alarmed by trade tensions between the United States and China. Ctoms agents across Europe's colossal market of 500 million people will now impose the duty, hehiking prices on U.S.-made products in supermarkets and across factory floors These measures are the logical consequence of the U.S. decision. They reflect a Europe that is resolute and principled Tit-for-tat response e ar k h . Brussels imposed the raft of duties on U.S. products worth 2.8 billion (S3.3 bon) in a tit-for-tat response to U.S.'s decision to slap stiff tariffs on European steel and aluminium exports. EU Trade Commissioner said that the 28-nation bloc was "left with no other choice" but to impose tariffs of its own after the "unilateral and uniustified decision of the U.S." ur tis that


  4. want teo he starting Page 11 Business: SAT to SEBI: reappraise RIL's NW18 bu at thh The Securities Appellate Tribunal (SAT) has directed the Securities and Exchange Board of India to re-examine the manner in which Reliance Industries Ltd. (RIL) acquired control of Network 18 Media & Investments (NW18) and TV18 Broadcast (TV18) and ascertain whether there were any violations of the Listing Agreement. re Two minority investors of NW 18 had in a complaint to the tribunal, claimed that RIL had failed to hedisclose that it had acquired indirect control over NW18 and TV18 through Independent Media Trust (IMT), a trust established for the exclusive benefit of RIL. The investors had moved SAT after SEBI had disposed their complaint in January 2017 by stating* that the trust was not a subsidiary of the listed company and hence no disclosures were required to be made under Clause 36 of the Listing Agreement. The complaint has been disposed of [by SEBI] on the basis of a wholly unsustainable ground that IMT was not a subsidiary of RIL and therefore RIL was not required to make disclosures under Clause 36 of the Listing Agreement," SAT observed. e ar ent .Clause 36 of the Listing Agreement mandates that when a listed company acquires indirect control over another listed company either through a Trust or through any other entity, then, suclh acquisition has to be disclosed to the stock exchanges. tis


  5. want teo he starting Page 11 Business: SAT to SEBI: reappraise RIL's NW18 buy (contd. Not the first time at thh Incidentally, this is not the first time that the tribunal has ordered the capital markets watchdog to reappraise this matter. In April 2016, SAT told SEBI to ascertain whether RIL had got control of the two companies re tout following the Takeover Regulations. In February 2012, IMT - whose sole beneficiary is RIL The investment was made through the issuance of Zero Coupon, Optionally & Fully Convertible .While setting aside the impugned decision of SEBI, it is proper to direct SEBI to decide afresh the heentered into an investment agreement with six holding companies. Debentures (ZOCDs) e ar k h question as to whether RIL violated Clause 36 of the Listing Agreement by failing to disclose that it had acquired indirect control over NW18 through IMT," SAT ruled. The Competition Commission of India had in May 2012 passed an order wherein it had specifically un held that by subscribing to the ZOCDs, IMT had acquired control over the holding companies and consequently indirect control over NW18 and TV18. stay tis that


  6. want teo he starting Cross-holdings at thh The Telecom Regulatory Authority of India had in 2014 recommended curbs on cross-media and corporate ownership of television channels and newspapers and came down on ads-for-equity treaties and paid news. The telecom and media regulator defined control of ownership at 20 per cent shareholding, or over 50 per cent voting rights or half the members in a media company's board, or a say in its re he management. According to Trai, control could rest with an individual, group of individuals, companies, firms, trusts, societies and undertakings, Trai suggested if a media firm was dominant in a market in both print and television, its owner should be made to bring down its equity holding to 20 per cent over time. Dominant market share is 32 per cent in both print and television based on a complicated formula, the Herfindahl Hirschman Index. A market must be defined linguistically and across states where a particular language is spoken by the majority. English and Hindi will be considered national languages. A combination of reach and volume of consumption should be used for computing market shares in television. For print, only reach would be sufficient. Only daily publications, including business newspapers, should be considered e ar ent stay tis


  7. want teo he starting Trai said political and religious bodies and The Trai also suggested a single media watchdog to check for paid news, private treaties and issues related to editorial independence. Khullar said the regulator should not be controlled by the government or dominated by media representatives. at thh government agencies should be barred from the broadcasting and television distribution. If such permission is given, an exit route must be provided as well P.On grounds of the inherent conflict of he interest, ownership restrictions on corporates entering media should be seriously considered by the government. This may entail restricting the amount of equity holding or loans by a corporate to a media company," the Trai said Trai sets out rules for media owners Recommends curbs for corporate control & cross-holdings and paid news BS Reporter New Delhi e ar k h ent Last Updated at August 13, 2014 01347 IST . Surrogates should also be barred fromm Gin+ broadcasting and television channel distribution Trai considered only news and current affairs in print and television for cross-media ownership rules and has left out the fast-growing online media . GREZZA GLAMOUR COMES AUTOMATIC KNOW MORE The Telecom Regulatory Authority of India on Tuesday recommended curbs on cross-media and corporate ownership of television channels and newspapers and came down on ads-for-equity treaties and paid news. tis


  8. want teo he starting Page 11 Business: Oil rises after OPEC agrees to lift output . Oil prices rose almost 3% as OPEC agreed to a modest increase in output to compensate for losses at thh in production at a time of rising global demand. Benchmark Brent crude jumped $2.19 a barrel, or almost 3%, to a high of $75.24 before slipping to about $75 by 1305 GMT. U.S. light crude was $1.80 higher at S67.34. . The Organization of the Petroleum Exporting Countries (OPEC), meeting in Vienna, agreed to re boost output from July after its de facto leader Saudi Arabia persuaded arch-rival Iran to cooperate in efforts to reduce the crude price and avoid a supply shortage. The group agreed that OPEC and its allies led by Russia should increase production by about 1 million barrels per day (bpd), or 1% of global supply e ar k h ent Smaller real increase But the real increase will be smaller because several countries that recently underproduced oil will struggle to return to full quotas while other producers will not be allowed to fill the gap. Analysts had expected OPEC to announce a real increase in production of 5,00,000 to 6,00,000 barrels per day, which would help ease tightness in the oil market without creating a glut. The effective increase in output can easily be absorbed by the market. .Oil prices have been on a roller-coaster ride over the last few years, with Brent trading above $100 a barrel for several years until 2014, dropping to almost $26 in 2016 and then recovering to more than $80 last month. tis


  9. want teo he starting Page 11 Business: Oil rises after OPEC agrees to lift output (contd.) Smaller real increase . The most recent price rally followed an OPEC decision to restrict supply in an effort to drain global nventories The group started withholding supply in 2017 and this year, amid strong demand, the market tightened significantly, triggering calls by consumers for higher supply. Declining production in heVenezuela and Libya, as well as the risk of lower output from Iran as a result of U.S. sanctions, have all increased market worries of a supply shortage. e ar k h ent tis that en thec


  10. want teo he starting Page 11 Business: Current bond vield level not justified at thh . The current level of bond yields are not supported by fundamentals and are expected to return to . Any increase in yields is a matter of concern, but you would have seen there is some moderation in Rising crude prices normal levels the yields The yield on the 10-year government bond went past 8% recently mainly on account of concerns about rising crude oil which would have an adverse impact on inflation since the country imports 80% of its crude oil requirement. he . The yields today are possibly not justified on fundamentals and therefore, as things get mature and e ar k h ent stablise, they will come back to normal The RBI had raised interest rates in June after a gap of four and half years due to inflation concerns. Bond yields had fallen after they hit 8% earlier this month. The yields on 10-year benchmark government bond closed at 7.82% Government's borrowing programme was evenly spread and there was no back-loading. tis that


  11. anted to show the boss whatcE imp s bnat th y hav pho reve he g layer or us hink h cause h a pu rk and