Jatin Verma is teaching live on Unacademy Plus
DAILY NEWS ANALYSIS from HINDU, HT, INDIAN EXPRESS 3 1st July 2017 By JATIN VERMA Educator Unacademy For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Page-l: Regulator turns up heat on erring CAs The Institute of Chartered Accountants of India (ICAI) has said 4,445 complaints have been registered against CAs as on June 30 this year, and punishment has been awarded in 402 cases until March 2017 . This development comes within a few weeks of Prime Minister indicating stringent measures against those involved in money laundering-including through shell companies- following demonetisation, and asking the ICAl to hasten action against CAs helping tax evaders. . The ICAl is under the Corporate Affairs Ministry's administrative control. . While he asked the auditors to help end black money and corruption, he sought to know from the ICAl why in the last II years, it had taken action against just 25 erring members. . Steps taken so far:'New Disciplinary Mechanism' was instituted in November 2006 & till this June- end, as many as 3,810 cases were registered against CAs. Solution: There is a need for amending the concerned rules/ regulations to expedite disciplinary action against the wrongdoers,adding that the ICAl had submitted interim recommendations to a High Level Committee formed by the Corporate Affairs Ministry for strengthening the disciplinary mechanism. . Parliamentary nod . He said amendments to the CA Act would require Parliamentary nod, adding that the Centre had the power to amend the Rules including the Disciplinary Rules (framed under the CA Act)
Page-2:White fly pest sighted in Punjab cotton producing districts . White fly pest sighted in the cotton belt districts of Punjab due to the prevailing hot and humid weather conditions. Is 'BT' a solution?22 [October 2015] The whitefly attack in Punjab that damaged over 75 per cent crop across the cotton belt had led to widespread protests in the past few days. The damage to the cotton crop, over 95 per cent of which is Bt cotton, is estimated to be around Rs. 4,500 crore. It is also being blamed as a reason for suicides of over a dozen farmers in the cotton belt, including Abohar, Fazileka, Bathinda and Muktsar districts. GM crop technology served a good purpose, but there was always a possibility that pests might develop resistance. It was, therefore, that the government must evolve new crop technologies. . Bt cotton is around 14 years old technology and is effective against specific type of bollworms, but not insects such as whitefly . Whitefly attack is expected to cause over 50 per cent drop in cotton yield this season in Punjab. PAU is now recommending farmers to sow traditional non-Bt varieties of American and desi (indigenous) cotton during next season in areas susceptible to high infestation of whitefly. Cotton farmers in Punjab say Desi cotton is not viable as its yield is very low and also it has its owrn set of infestation problems.
Page I:S. prods India on Pyongyang Page II: U.S.prods India on Pyongyang India is facing increased pressure to reduce North Korea's diplomatic presence in the country as Pyongyang flexes its military muscles . During talks with Indian officials last week,a U.S. State Department delegation took up the presence of a large number of North Korean diplomats in India, and urged New Delhi to "shrink" North Koreas diplomatic footprint in South Asia. . India has criticised recent North Korean missile launches and nuclear tests.However, bilateral political and diplomatic ties, though minimal, have remained on track. Why Pressure is being built now! The western pressure is driven by the fact that India and the U.S. have held talks on the North Korean actions most recently during Prime Minister's visit to Washington on June 27 when both sides "condemned" Pyongyang's actions 64 U.S. officials have indicated that they would like to see "less" diplomatic courtesies extended to the uld like to see less-diplomatissoneses extended to the North Korean officials present in India. . India has maintained ties with North Korea since the birth of the nation following the Korean war in the 1950s, and North Korea had been an active member of the Non-Alignment movement during the Cold War.
Page 12World News: Chinese President puts rivals on notice . Amid the standoff with India in the remote Doklam plateau, and rising tensions in North Korea, China held a novel military parade, which demonstrated the country's military modernisation under President Xi Jinping's leadership. China has the confidence and capability to defeat all armies that dare to offend. Al Shabaab claims it killed 39 African Union soldiers Somalia's al Shabaab insurgents and troops from the African Union (AU) peace-keeping mission clashed. The African Union (AU) is a continental union consisting of all 55 countries on the African continent. It was established on 26 May 200I in Addis Ababa, Ethiopia, and launched on 9 July 2002 in South Africa, with the aim of replacing the Organisation of African Unity (OAU). The most important decisions of the AU are made by the Assembly of the African Union, a semi-annual meeting of the heads of state and government of its member states.The AU's secretariat, the African Union Commission, is based in Addis Ababa
India's current trade with Africa is around $ 75 billion and it has granted a whopping $ 7.4 billion for various developmental and capacity building projects in the past four years. India has implemented a total of 137 projects in 41 African countries during the period. What is the India-Africa Forum Summit? . The Indian Prime Minister has been hosting a high-level meeting with leaders of African . It was decided to hold the summits every three years, alternately in India and Africa. . The third summit, scheduled to be held in 2014, was postponed because of the Ebola countries since 2008. New Delhi was the venue in 2008; Addis Ababa in 2011 outbreak. It finally took place in October 2015 For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Page 13 Business: Gas discovery: ONGC for pricing freedom Oil and Natural Gas Corp (ONGC) has sought pricing and marketing freedom to help bring to production a one-trillion cubic feet gas discovery that will open up a new sedimentary basin after over three decades. ONGC, which has opened for commercial production in six out of India's seven producing basins, gas discovery in the Gulf of si Out of India's seven pro has made a significant natural gas discovery in the Gulf of Kutch of Gujarat coast that can produce about three million standard cubic meters per day. This will open up the country's eighth sedimentary basin - the first in over three decades for oil and gas production in two years.
Issue:The present government-mandated gas price of USD 2.48 per million British thermal unit does not make the discovery commercially viable. Since the find is in shallow waters, it does not qualify to get the USD 5.56 per mmBtu cap price set for difficult fields," the official said. ONGC has asked the government to give us pricing and marketing freedom. . India has 26 sedimentary basins, of which only seven have commercial production of oil and gas. . Except for the Assam shelf, ONGC opened up for commercial production all the other six basins, . Discovery made in the Gulf of Kutch is in shallow waters,but cannot be tied to either the production The Govt. in 2014 evolved a new pricing formula using rates prevalent in gas surplus nations including Cambay, Mumbai Offshore, Rajasthan, Krishna Godavari, Cauvery and Assam-Arakan Fold Belt. facilities in Mumbai High fields or Hazira. like the US, Canada and Russia to determine rates in a net importing country. Prices have halved to USD 2.48 per mmBtu since the formula was implemented. . India's largest natural gas producer is demanding a floor or minimum price of natural gas be fixed at USD 4.2 per mmBtu and rates freed in a years time.
Other Courses by me: Mediumm Timings 1. The Hindu News Analysis 2. The Hindu Editorial Analysis 3. Daily PIB Summary Live Now. 4. Daily MCQs on Current Affairs 5. Yojana/Kurukshetra Analysis Coming son. [Hindi & 6. Indian Polity Crash Course 7. Most Important Current Affairs. [Hindi & English] 9.00 am [Hindi & English] 9.00 am [Hindi & English] 5.00 pm [Hindi & English]7.30 pm English] Ist Sunday [Hindi for now] [Hindi & English]. Periodic Periodic SndpMeely Er ecap of o lmoertane e Sunday-weekly DNA Review: Sunday-weekly Editorial Review: A re-cap of Most Important News of the week A re-cap of Most useful Editorials of the week For Indian Polity Crash course, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
T (7) Jatin verma-Unacademy D The Hindu UPSC Secure https://unacademy.com/user/studiousatin Q jatin verma Searching for "jatin verma" EDUCATORS MORE EDUCATORS JS Jatin Verma Mahesh Verma Jatin Dewan Shruti Verma Jatin Sharma COURSES MORE COURSES LESSONS MORE LESSONS (Hindi) The Hindu-Daily Editorial Analysis for June 2017 UPSC CSE Prelims: Trend Analysis Jatin Verma How To Study For Civil Services Mai y For Civil Services Ma. The Hindu Daily News Analysis for June 2017 yJatin Vem udy For Civil Services Ma. 20th June 2017 Part-2: Daily News . 21st June 2017 Part-1: Daily News A.. How To Study For Civil Services Mai The Hindu Daily News Analysis July 2017 yJatin Vem The Hindu- Daily Editorial Analysis for June 2017 By Jatin Verma (Hindi) The Hindu- Daily News Analysis for June 2017 By atin Verma